NiSource (NI) Stock Price, News & Analysis

Company Overview

NiSource Inc. is one of the largest regulated utility companies in the United States, primarily engaged in the distribution of natural gas and electricity. Through its subsidiaries, the company owns and operates an extensive network of pipelines, compressor stations, storage facilities and electric infrastructure. Its core business activities include safe delivery of natural gas to residential, commercial and industrial customers, maintenance and upgrade of aging utility assets, and investment in grid modernization and renewable energy integration.

Founded in 1912 and headquartered in Merrillville, Indiana, NiSource has evolved through a series of mergers and acquisitions to become a diversified utility holding company. Early on known as Northern Indiana Public Service Company, the enterprise adopted the NiSource name in 2000 to better reflect its multi-state presence. Over the decades, the company has focused on enhancing operational reliability and customer service, implementing advanced metering and pipeline safety programs to meet evolving regulatory standards.

NiSource serves nearly four million natural gas customers and more than 500,000 electric customers across eight states in the Northeast and Midwest, including Indiana, Kentucky, Ohio, Pennsylvania, Virginia and others. Its natural gas operations are conducted under well-known local brands such as Northern Indiana Public Service Company (NIPSCO), Columbia Gas of Pennsylvania, Columbia Gas of Ohio and Columbia Gas of Virginia. Through its electric subsidiary, the company provides distribution and transmission services tailored to both urban and rural communities.

Guided by an experienced executive leadership team based at its Merrillville headquarters, NiSource places strong emphasis on safety, environmental stewardship and regulatory compliance. The company’s governance framework includes a diverse board of directors and dedicated committees overseeing risk management, finance and corporate responsibility. NiSource continues to pursue strategic investments in infrastructure resilience, emissions reduction and digital innovation to support long-term value for customers, communities and shareholders.

Key Stats

• Today's Range: $39.03 to $39.63
• 50-Day Range: $37.81 to $40.53
• 52-Week Range: $29.37 to $41.45
• Volume: 4.47 million shs
• Average Volume: 4.13 million shs
• Market Capitalization: $18.64 billion
• P/E Ratio: 21.41
• Dividend Yield: 2.83%
• Price Target: $41.50
• Consensus Rating: Buy

NiSource Stock Analysis - MarketRank™

NiSource scored higher than 90% of companies evaluated by MarketBeat, and ranked 17th out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

NiSource has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

NiSource has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 6.28%

Earnings Growth

Earnings for NiSource are expected to grow by 6.28% in the coming year, from $1.91 to $2.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NiSource is 21.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of NiSource is 21.41, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 20.21.

Price to Earnings Growth Ratio

NiSource has a PEG Ratio of 2.66. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NiSource has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.57% of the float of NiSource has been sold short.

Short Interest Ratio / Days to Cover

NiSource has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NiSource has recently increased by 11.74%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

NiSource pays a meaningful dividend of 2.85%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

NiSource has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of NiSource is 60.54%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, NiSource will have a dividend payout ratio of 55.17% next year. This indicates that NiSource will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -4.59

Percentage of Shares Shorted

2.57% of the float of NiSource has been sold short.

Short Interest Ratio / Days to Cover

NiSource has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NiSource has recently increased by 11.74%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.23

News Sentiment

NiSource has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for NiSource this week, compared to 12 articles on an average week.

Search Interest

Only 1 people have searched for NI on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

5 people have added NiSource to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NiSource insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $631,939.00 in company stock.

Percentage Held by Insiders

Only 0.24% of the stock of NiSource is held by insiders.

Percentage Held by Institutions

91.64% of the stock of NiSource is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NI Stock Analysis - Frequently Asked Questions

How have NI shares performed this year?

NiSource's stock was trading at $36.76 at the beginning of the year. Since then, NI stock has increased by 7.7% and is now trading at $39.60.

How were NiSource's earnings last quarter?

NiSource, Inc (NYSE:NI) posted its earnings results on Wednesday, May, 7th. The utilities provider reported $0.98 EPS for the quarter, topping the consensus estimate of $0.90 by $0.08. The utilities provider earned $2.03 billion during the quarter, compared to analyst estimates of $2.32 billion. NiSource had a trailing twelve-month return on equity of 8.41% and a net margin of 14.67%.
Read the conference call transcript.

Does NiSource have any subsidiaries?

The following companies are subsidiaries of NiSource: Columbia Energy Group, Bay State Gas Company, Cavalry Solar Generation LLC, Central Kentucky Transmission Company, Columbia Gas of Kentucky Inc., Columbia Gas of Maryland Inc., Columbia Gas of Ohio Inc., and others.

Who are NiSource's major shareholders?

NiSource's top institutional investors include Exchange Traded Concepts LLC (0.18%), Goelzer Investment Management Inc. (0.07%), NBC Securities Inc. (0.03%) and Czech National Bank (0.02%). Insiders that own company stock include Donald Eugene Brown, Lloyd M Yates, William Jr Jefferson, Melanie B Berman, Gunnar Gode, Kimberly S Cuccia and Michael E Jesanis.
View institutional ownership trends.

How do I buy shares of NiSource?

Shares of NI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NiSource own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NiSource investors own include JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Chevron (CVX), Invesco QQQ (QQQ), Exxon Mobil (XOM), Home Depot (HD) and Tesla (TSLA).

Company Calendar

• Record date for 5/20 Dividend: 4/30/2025
• Ex-Dividend for 5/20 Dividend: 4/30/2025
• Last Earnings: 5/07/2025
• Dividend Payable: 5/20/2025
• Today: 7/10/2025
• Record date for 8/20 Dividend: 7/31/2025
• Ex-Dividend for 8/20 Dividend: 7/31/2025
• Next Earnings (Estimated): 8/06/2025
• Dividend Payable: 8/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:NI
• CIK: 1111711
• Web: www.nisource.com
• Phone: (877) 647-5990
• Fax: 219-647-6085
• Employees: 7,746
• Year Founded: 1912

Price Target and Rating

• Average Price Target for NiSource: $41.50
• High Price Target: $45.00
• Low Price Target: $34.00
• Potential Upside/Downside: +4.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.85
• Trailing P/E Ratio: 21.41
• Forward P/E Ratio: 20.73
• P/E Growth: 2.64
• Net Income: $760.40 million
• Net Margins: 14.67%
• Pretax Margin: 19.54%
• Return on Equity: 8.41%
• Return on Assets: 2.80%

Debt

• Debt-to-Equity Ratio: 1.17
• Current Ratio: 0.52
• Quick Ratio: 0.45

Sales & Book Value

• Annual Sales: $5.46 billion
• Price / Sales: 3.42
• Cash Flow: $4.05 per share
• Price / Cash Flow: 9.77
• Book Value: $22.85 per share
• Price / Book: 1.73

Miscellaneous

• Outstanding Shares: 470,700,000
• Free Float: 469,573,000
• Market Cap: $18.64 billion
• Optionable: Optionable
• Beta: 0.54