Alliant Energy Corporation vs MGM Resorts International — how do they compare? Alliant Energy Corporation trades at $73.98 (market cap $19.10B), while MGM Resorts International trades at $46.57 (market cap $11.86B). The key difference: Alliant Energy Corporation is the larger of the two by market cap, and Alliant Energy Corporation pays the higher dividend (2.89%). Which is the better fit depends on your goals.
| LNT | MGM | |
|---|---|---|
Market Cap | $19.10B | $11.86B |
Sector | Utilities | Consumer Cyclical |
52-Week High | $78.03 | $50.69 |
52-Week Low | $63.62 | $30.72 |
Enterprise Value | $30.83B | $40.90B |
Dividend Yield | 2.89% | 0.03% |
Trailing returns across standard periods
Latest headlines on both assets
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electricity and natural gas customers and approximately 420,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
Read more on LNT →MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →