Framework Journal · one stock, one dated entry

Recorded 2026-07-29 · Permanent

Alliant Energy logoAlliant Energy LNT

Outside both standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Alliant Energy Corporation operates as a utility holding company that provides regulated electric and natural gas services in the United States.

The label
Markup

read at $73.79

Alliant Energy holds its Markup at $73.79.

PHINPOOPSC
  • PHPhase · the trend structure carries the Markup label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · does not pass the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-07-29
PhaseMarkup
Quantitative stateThe statistical read favours the buyers, held for 1 days
Price$73.79
Valuation23.28 trailing · 20.02 forward price to earnings
Values screenFAIL · score 10.0
Beta0.54

The opportunity · what the numbers say it is worth

Our framework reads AVOID — it trades above our $67.64 fair value estimate, moderate competitive moat, 5.00% revenue growth.

Read at
$73.79
23.28 P/E · 20.02 fwd
Our fair value
$67.64
8% premium
Analyst target (avg)
$80.00
+8% to current
Target low $73.00Analyst target rangeTarget high $86.00
▲ current $73.79 · | average target

Price history & projections · where it has been, where the models see it going

$89.1$66.5$43.9TODAY5y agoPROJECTIONAnalyst high$86.00 +18%Analyst avg$80.00 +10%Our fair value$67.64 -7%Conservative$65.70 -10%

The valuation journey · where the price sits against fair value and the Street

Current
$73.79
you are here
Conservative
$65.70
-11%
Analyst avg
$80.00
+8%
Our fair value
$67.64
-8%
Analyst high
$86.00
+17%

Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.

Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish — a quality-at-a-fair-price name rather than a deep-value one.

Revenue growth5.00%
Profit margin18.58%
Debt to equity159.53
Analyst consensusBuy · 13 covering

Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.

The values screen, explained · five checks, plain English

This company is excluded by both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. It fails on both:

The common standard · AAOIFI
Used by most halal investing apps
✗ DOES NOT PASS
Our stricter standard · asset-based
The one Titan applies
✗ DOES NOT PASS

Why it fails. The problem is its debt ratio. Because both standards agree on this, it is a clear exclusion, not a borderline case.

What these two standards are, and how they differ →

  • Business activity Its core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending. Pass
  • Debt load Interest-bearing debt is 48.5% of its assets, above the one-third ceiling the screen allows. Fail
  • Interest-bearing cash Cash held in interest-bearing accounts and securities is 2.8% of assets, under the one-third limit. Pass
  • Receivables Money owed to the company is 2.7% of assets, under the 49% limit. Pass
  • Revenue purity Only 0.0% of revenue comes from non-compliant sources — under the 5% line. Pass

Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.

The business, in plain words · what the numbers mean

Alliant Energy looks steady yet fails our tests

Alliant Energy is the sort of regulated Midwest utility that analysts often favour for its steady electric and gas services. We are staying away, for two reasons that have nothing to do with whether the business is good. First, the price sits above fair value with a negative margin of safety and a forward multiple of 20.3 times earnings. Second, it fails our ethical screen on debt levels.

This is exactly what the screen is for. Revenue growth of 5 percent and a 19 percent profit margin look acceptable, yet the debt ratio pushes the stock out regardless of its moderate moat and 11 percent return on equity.

The buy-rated analyst target of 80 dollars does not change the valuation gap or the leverage concern. Utilities can mask rising debt behind regulation, but that does not make the balance sheet any lighter. Analysis, not advice.

The fundamentals · plain-English read
Forward P/E20.0x
expensive even after accounting for its growth
Trailing P/E23.3x
a premium valuation
Revenue growth5.0%
slow but positive growth
Profit margin18.6%
healthy profit margins
Return on equity11.3%
a modest return on shareholder capital
Debt to equity1.60
a meaningful debt load worth watching
Current ratio0.69
below 1 — short-term bills exceed liquid assets
Beta0.54
steadier than the market
Market cap$19.1B
Employees2,948

The risks · The things to watch: it carries a real debt load, which raises the stakes if revenue slips.

Plain-English interpretation of our own screen data. Analysis, not advice.

Latest news · what the market is reading on LNT

Headlines from third-party outlets, linked for reference — not our reporting, not advice.

Related securities · others in LNT's space worth a look

Screened names in the same industry · explore each on its own page.

Where & how to trade · wherever in the world you are

LNT trades on a US exchange. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.

The trader read · the latest dated commentary

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 9% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 24%. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (12 analysts) rates it buy, with a mean price target of $79. Entered 2026-07-18 · Markup

The dated journal · newest first, never edited

2026-07-18 Markup $72.87 +0.0% Entry 3

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 9% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 24%. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (12 analysts) rates it buy, with a mean price target of $79.

2026-07-03 Markup $72.87 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

2026-07-02 Markup $72.87 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The insider ledger · Form 4 filings, as filed

Most recent filings · LNT
DateInsiderTitleTypeSharesValue
2026-02-19 DE LEON DAVID A. Officer 10,922 ·
2026-02-19 SUNDARARAJAN RAJA Officer 27,552 ·
2026-02-19 SMYTH ANTONIO P Officer 18,354 ·
2026-02-19 FARLINGER MAYURI Officer 4,124 ·
2026-02-19 SYSE DYLAN Officer 1,813 ·
2026-02-19 VALCQ REBECCA C Officer 1,004 ·
2026-02-19 DURIAN ROBERT J. Chief Financial Officer 33,832 ·
2026-02-19 BARTON LISA M. J.D. Chief Executive Officer 77,060 ·
2025-04-15 SMYTH ANTONIO P Officer 9,727 ·
2025-02-20 DE LEON DAVID A. Officer 5,788 ·

Public filings, recorded as found. The full tape lives at Insider Intelligence.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $72.47 +0.8% · $1,008 +0.8%
2 months $72.56 +0.7% $0.54 $1,014 +1.4%
3 months $71.04 +2.8% $0.54 $1,036 +3.6%
6 months $63.93 +14.2% $1.07 $1,159 +15.9%
1 year $59.01 +23.8% $2.08 $1,273 +27.3%
2 years $47.02 +55.3% $4.06 $1,639 +63.9%
3 years $48.09 +51.9% $5.92 $1,642 +64.2%
5 years $49.80 +46.6% $9.35 $1,654 +65.4%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever LNT does next, these words stay.

Alliant Energy · LNT · Markup · $73.79
Recorded 2026-07-29 · before the outcome · scored mechanically

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