Last $60.37 USD
Change Today +0.67 / 1.12%
Volume 106.8K
LNT On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 11:30 AM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

alliant energy corp (LNT) Snapshot

Open
$59.69
Previous Close
$59.70
Day High
$60.49
Day Low
$59.69
52 Week High
07/1/14 - $60.89
52 Week Low
01/6/14 - $50.00
Market Cap
6.7B
Average Volume 10 Days
666.5K
EPS TTM
$3.56
Shares Outstanding
110.9M
EX-Date
10/29/14
P/E TM
17.0x
Dividend
$2.04
Dividend Yield
3.32%
Current Stock Chart for ALLIANT ENERGY CORP (LNT)

alliant energy corp (LNT) Related Businessweek News

No Related Businessweek News Found

alliant energy corp (LNT) Details

Alliant Energy Corporation, a utility holding company, provides regulated electricity and natural gas services to residential, commercial, and industrial customers in the Midwest region of the United States. The company, through its subsidiary, Interstate Power and Light Company (IPL), generates and distributes electricity, and distributes and transports natural gas in Iowa and southern Minnesota; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy, through its subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas in southern and central Wisconsin. As of December, 31, 2013, IPL supplied electricity to 528,355 retail customers and natural gas to 234,563 retail customers; and WPL supplied electricity to 460,396 retail customers and natural gas to 182,647 retail customers. The company provides electric utility services to retail customers in food manufacturing, chemical, and paper industries. In addition, it holds investments in various businesses that provide freight services through a short-line railway between Cedar Rapids and Iowa City, Iowa; a barge terminal and hauling services on the Mississippi River; and other transfer and storage services. Further, it owns and leases a non-regulated natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; owns the non-regulated 99 MW Franklin County wind project located in Franklin County, Iowa; and holds investments in real estate and corporate airplanes businesses. The company was founded in 1917 and is headquartered in Madison, Wisconsin.

3,945 Employees
Last Reported Date: 02/25/14
Founded in 1917

alliant energy corp (LNT) Top Compensated Officers

Chairperson of The Board, Chief Executive Off...
Total Annual Compensation: $793.1K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $416.8K
Senior Vice President and President of WPL
Total Annual Compensation: $333.3K
Senior Vice President and General Counsel
Total Annual Compensation: $343.4K
Vice President of Human Resources
Total Annual Compensation: $284.6K
Compensation as of Fiscal Year 2013.

alliant energy corp (LNT) Key Developments

Alliant Energy Corporation Enters Two-Year Term Loan Credit Agreement with Wells Fargo Bank

Alliant Energy Corporation entered into a two-year term loan credit agreement (the Credit Agreement) with Wells Fargo Bank, as Administrative Agent, and the several lenders party thereto. The maximum principal amount available under the Credit Agreement is $250 million, with a maturity in October 2016. Advances under the Credit Agreement will be used solely for the purpose of repaying Alliant Energy's $250 million aggregate principal amount of 4.00% senior notes due October 15, 2014. The Credit Agreement contains various covenants, including a requirement that Alliant Energy maintains a debt-to-capital ratio of less than 65% on a consolidated basis. The debt component of the debt-to-capital ratio includes long- and short-term debt (excluding non-recourse debt and hybrid securities to the extent the totalcarrying value of such hybrid securities does not exceed 15% of consolidated capital of Alliant Energy), capital leases, letters of credit, guarantees of the foregoing and new synthetic leases. Unfunded vested benefits under qualified pension plans are not included in the debt-to-capital ratios. The equity component of the debt-to-capital ratio excludes accumulated other comprehensive income (loss). The Credit Agreement contains a covenant that prohibits placing liens on any of the property of Alliant Energy or its subsidiaries with certain exceptions. Exceptions include among others, liens to secure obligations of up to 5% of the consolidated assets of Alliant Energy (valued at carrying value), liens imposed by government entities, materialmens' and similar liens, judgment liens, liens to secure non-recourse debt not to exceed $100 million outstanding at any one time with respect to Alliant Energy and $100 million outstanding at any one time with respect to each of Alliant Energy's utility subsidiaries, and purchase money liens. The Credit Agreement also contains a covenant that requires, during its term, any proceeds from asset sales, with certain exclusions, in excess of 20% of Alliant Energy's consolidated assets be used to reduce certain debt commitments. Exclusions include, among others, certain sale and lease-back transactions, sales of non-regulated assets, intercompany asset sales and sales of certain contracts and accounts receivables. The Credit Agreement contains customary events of default, including a cross-default provision which would be triggered if Alliant Energy or any of its domestic subsidiaries defaults on debt (other than non-recourse debt) totaling $50 million or more. If an event of default under the Credit Agreement occurs and is continuing, then the lenders may declare any outstanding obligations under the Credit Agreement immediately due and payable. In addition, if any order for relief is entered under bankruptcy laws with respect to Alliant Energy, then any outstanding obligations under the Credit Agreement would be immediately due and payable.

Alliant Energy Corporation Declares Quarterly Common Stock Dividend, Payable on November 14, 2014

Alliant Energy Corporation announced that quarterly dividends on common stock were declared by the board of directors. The quarterly common stock dividend is $0.51 per share payable on November 14, 2014, to shareowners of record on close of business October 31, 2014.

Alliant Energy Corporation Presents at Barclays Utilities Conference, Dec-17-2013

Alliant Energy Corporation Presents at Barclays Utilities Conference, Dec-17-2013 .

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LNT:US $60.44 USD +0.74

LNT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AGL Resources Inc $54.75 USD +0.80
First Solar Inc $56.33 USD -0.024
National Fuel Gas Co $69.16 USD +0.33
OGE Energy Corp $36.84 USD +0.21
Pinnacle West Capital Corp $59.14 USD +0.62
View Industry Companies
 

Industry Analysis

LNT

Industry Average

Valuation LNT Industry Range
Price/Earnings 16.6x
Price/Sales 1.9x
Price/Book 2.0x
Price/Cash Flow 8.5x
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ALLIANT ENERGY CORP, please visit www.alliantenergy.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.