How to Buy Alliant Energy Stock
Alliant Energy Corp
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services.
Alliant Energy stock last closed at $48.84, up 0.87% from the previous day, and has decreased 10.12% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.02 percentage points. Alliant Energy stock is currently +8.16% from its 52-week low of $45.15, and -13.19% from its 52-week high of $56.26.
There are currently 256.1M shares of LNT outstanding. The market cap of LNT is $12.51B. In the last 24 hours, 1.13M LNT shares were traded.
How to Buy Alliant Energy Stock
Not sure how to invest in Alliant Energy stock? Here's how.
- Decide where to buy Alliant Energy stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Alliant Energy stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your payment method and add your information.
- Evaluate Alliant Energy stock: The Alliant Energy ticker symbol is LNT. Is Alliant Energy stock a good investment? Should you buy shares of LNT? How do LNT's underlying business fundamentals look? Do top analysts think Alliant Energy is a good buy? Why has LNT's stock price moved recently? (Hint: Our stock market analysis website can help you decide if LNT is a good stock to buy).
- Execute your LNT trade: Decide if you will purchase LNT shares at the current market price or use a limit order to buy LNT stock at a specific price.
- Keep an eye on your investment in LNT: Create a watchlist to track your position in Alliant Energy stock.
Step 1: Decide where to buy Alliant Energy stock
You need an online brokerage account to access the NASDAQ market and buy LNT stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you can buy LNT stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on a mobile trading app, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help transferring funds into your new investment account.
Step 4: Evaluate Alliant Energy stock
After you have decided on the best place to buy Alliant Energy stock, it's critical to analyze their stock prior to investing, so you can comprehend the risk as well as the opportunity.
Alliant Energy stock data
LNT Fundamentals
WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on LNT's stock page.
What is the fair value of LNT stock?
Investors use many financial metrics, analyses, models, and charts to gauge LNT's fair value.
Using relative valuations methods:
- LNT may be overvalued based on its P/E ratio of 17.57x, relative to Utilities - Regulated Electric industry P/E ratio of 16.06x
- LNT could be overvalued based on its P/B ratio of 1.85x, relative to Utilities - Regulated Electric industry P/B ratio of 1.6x
- LNT could be overvalued based on its PEG ratio of 4.93x
You can access additional valuation analysis on LNT's stock here.
LNT Financial Health Summary
Signs that LNT is financially healthy:
- LNT profit margin has gone up from 16.3% to 17.5% in the past year.
- Total LNT debt is lower than 5 years ago, relative to shareholder equity.
Signs that LNT is not financially healthy:
- There are more short-term liabilities than short-term assets on the LNT balance sheet.
- LNT has $62.00M in cash and short term investments. This is not sufficient to cover its annual cash burn of $864.00M.
- There are more long-term liabilities than short-term assets on the LNT balance sheet.
- LNT has cash burn of 864000000. It does not have sufficient cash and short-term investments to cover this.
- LNT has a relatively high debt to equity ratio of 2.13.
Do analysts think it's a good time to buy Alliant Energy stock
Out of 3 Equities analysts who give recommendations on LNT, the consensus analyst rating on Alliant Energy is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Alliant Energy stock forecast page.
Metrics for Advanced LNT Traders
How are LNT Revenues/Earnings doing?
Last year, LNT earnings were $703.00M. Over the past 5 year, LNT's earnings have increased by 4.89% per year. This was faster than the Utilities - Regulated Electric industry average of 2.62%.
Last year, LNT revenue was $4.03B. In the last five year, LNT's revenue has increased by 2.65% per year. This was slower than the Utilities - Regulated Electric industry average of 4.05%.
You can analyze LNT's earnings and revenue performance here.
Who is buying/selling LNT?
Over the past 12 months, executives and large shareholders at LNT have sold more shares than they have bought.
Lisa M. Barton, President and CEO of LNT, was the latest LNT insider to buy. They bought $53,416.00 worth of LNT stock on Feb 20, 2024.
Dig into more about who owns LNT stock here.
Can I get consistent income from LNT stock?
Alliant Energy pays a dividend of 3.76%, compared to the Utilities - Regulated Electric industry's average dividend yield of 4.06%. If you owned $1,000 of LNT stock, you would have been paid $37.62 in the past 12 months.
Alliant Energy dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Alliant Energy dividend yield and history here.
LNT Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your LNT trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you want more info about buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in LNT
Now that you own some LNT stock, you'll want to keep up with your new investment.
Create a watchlist to get notified of important updates regarding your LNT stock.
LNT Feed
How to Buy Stock in Alliant Energy
To summarize, here are the 6 steps you need to take to buy Alliant Energy stock right now:
- Decide where to buy Alliant Energy stock
- Create your brokerage account
- Deposit money your brokerage account
- Evaluate Alliant Energy stock
- Execute your LNT trade
- Keep an eye on your investment in LNT
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Alliant Energy, click below.
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