NiSource, Inc (NYSE:NI) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analysts rate NiSource a “Moderate Buy”: Ten of 12 brokerages recommend buying the stock, while two maintain hold ratings. The average 12-month price target is $49.64, above the reported opening price of $40.56.
• Institutional ownership is substantial: Hedge funds and other institutions own 91.64% of NiSource, with BlackRock and T. Rowe Price among the major holders. An executive recently sold 37,509 shares, reducing their ownership by 32.33%.
• NiSource maintained its dividend and guidance: The company reported quarterly EPS of $0.16, matching estimates, and revenue of $1.34 billion. It declared a quarterly dividend of $0.30 per share, representing a 3.0% annual yield, and set fiscal 2026 EPS guidance at $2.02–$2.07.

Shares of NiSource, Inc (NYSE:NI - Get Free Report) have earned a consensus rating of "Moderate Buy" from the twelve brokerages that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $49.6364.

A number of research analysts have recently weighed in on NI shares. Weiss Ratings reissued a "buy (b)" rating on shares of NiSource in a report on Tuesday, July 21st. BMO Capital Markets decreased their price objective on shares of NiSource from $51.00 to $49.00 and set an "outperform" rating for the company in a research report on Friday, July 17th. Royal Bank Of Canada started coverage on NiSource in a research report on Wednesday, July 1st. They set an "outperform" rating and a $52.00 target price on the stock. Mizuho lowered their price objective on NiSource from $50.00 to $48.00 and set an "outperform" rating on the stock in a report on Wednesday, August 26th. Finally, Barclays lowered their price target on shares of NiSource from $51.00 to $45.00 and set an "overweight" rating on the stock in a research report on Friday, August 7th.

Insiders Place Their Bets

In other NiSource news, EVP Melody Birmingham sold 37,509 shares of the business's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $42.40, for a total value of $1,590,381.60. Following the sale, the executive vice president owned 78,527 shares of the company's stock, valued at $3,329,544.80. The trade was a 32.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.37% of the company's stock.

Institutional Investors Weigh In On NiSource

Several large investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of NiSource in the 2nd quarter valued at $2,613,234,000. T. Rowe Price Investment Management Inc. lifted its position in shares of NiSource by 19.0% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 51,504,257 shares of the utilities provider's stock valued at $2,150,818,000 after acquiring an additional 8,240,227 shares during the period. Deutsche Bank AG purchased a new stake in shares of NiSource in the second quarter valued at about $574,295,000. Geode Capital Management LLC lifted its holdings in NiSource by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 12,459,421 shares of the utilities provider's stock valued at $518,301,000 after purchasing an additional 245,110 shares in the last quarter. Finally, Capital International Investors lifted its position in NiSource by 0.4% during the fourth quarter. Capital International Investors now owns 8,167,328 shares of the utilities provider's stock worth $341,068,000 after buying an additional 31,171 shares during the period. Hedge funds and other institutional investors own 91.64% of the company's stock.

NiSource Price Performance

Shares of NYSE NI opened at $40.56 on Friday. NiSource has a fifty-two week low of $40.09 and a fifty-two week high of $49.21. The company has a market cap of $19.45 billion, a PE ratio of 21.58, a P/E/G ratio of 3.05 and a beta of 0.54. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.41 and a current ratio of 0.50. The business has a 50-day simple moving average of $42.93 and a two-hundred day simple moving average of $45.64.

NiSource (NYSE:NI - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. NiSource had a net margin of 13.20% and a return on equity of 7.95%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the firm posted $0.22 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, equities analysts expect that NiSource will post 2.05 EPS for the current fiscal year.

NiSource Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, October 30th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, October 30th. NiSource's dividend payout ratio (DPR) is presently 63.83%.

NiSource Company Profile

NiSource Inc NYSE: NI is a regulated utility company that provides natural gas and electric services to residential, commercial and industrial customers in the United States. Its operations are primarily focused on the distribution, transmission and storage of natural gas, along with electric generation and distribution in Indiana.

Through its Columbia Gas utilities, NiSource serves natural gas customers in Ohio, Pennsylvania, Virginia, Maryland, Massachusetts and Kentucky. Its Northern Indiana Public Service Company (NIPSCO) subsidiary provides natural gas and electric service in northern Indiana.

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