With a market cap of $15.8 billion, Alliant Energy Corporation (LNT) is a utility holding company providing regulated electric and natural gas services primarily through its two main subsidiaries: Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). Alliant Energy utilizes a diversified fuel mix, including coal, natural gas, and renewables, and supplements its energy output with purchased power.
Companies valued at more than $10 billion are generally considered “large-cap” stocks, and MGM Resorts fits this criterion perfectly. Serving customers across Iowa, Wisconsin, and parts of Minnesota and Illinois, the company engages in electricity generation and distribution, natural gas distribution and transportation, and also offers steam, freight, and energy-related services.
Shares of the Madison, Wisconsin-based company have declined 7.8% from its 52-week high of $66.54. LNT stock has decreased 2.7% over the past three months, lagging behind the Nasdaq Composite’s ($NASX) 10.4% surge over the same time frame.
In the longer term, LNT stock is up 3.7% on a YTD basis, exceeding NASX’s 1.7% gain. Moreover, shares of the electric and gas utility parent company have climbed 20.4% over the past 52 weeks, compared to NASX’s nearly 11% return over the same time frame.
Despite recent fluctuations, the stock has been trading mostly above its 50-day and 200-day moving averages since last year.
Shares of Alliant Energy rose 1.1% following its Q1 2025 results on May 8. The company reported EPS of $0.83, surpassing estimates and rising 33.9% year-over-year, with revenue up 9.4% to $1.1 billion despite higher fuel and interest costs. The modest growth in electric and gas customer base and a slight increase in total utility gas sales also signaled stable demand. Additionally, LNT reaffirmed its 2025 EPS guidance of $3.15 - $3.25 and announced a $11.5 billion infrastructure investment plan through 2028.
In comparison, Alliant Energy stock has outpaced its rival NextEra Energy, Inc. (NEE). NEE stock has dropped marginally on a YTD basis and 3.9% over the past 52 weeks.
Despite the stock’s outperformance over the past year, analysts remain cautiously optimistic on LNT. The stock has a consensus rating of “Moderate Buy” from 12 analysts in coverage, and as of writing, it is trading below the mean price target of $64.90.
