NiSource, Inc (NYSE:NI) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• NiSource has a consensus analyst rating of Moderate Buy from 12 firms (9 buys, 3 holds) with an average 12‑month price target of $47.20, and several brokers recently lifted targets into the $48–$50 range.
• The company beat quarterly estimates with $0.51 EPS (vs. $0.49) and $1.90B in revenue, and set FY2026 guidance of $2.02–$2.07 EPS versus analysts’ average of about $1.91.
• NiSource pays a quarterly dividend of $0.30 (annualized $1.20, yield ~2.6%, payout ratio ~61.5%), has a market cap of about $22B, and roughly 91.6% of its shares are institutionally owned.

Shares of NiSource, Inc (NYSE:NI - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the twelve research firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $47.20.

A number of brokerages have commented on NI. BMO Capital Markets set a $50.00 price objective on shares of NiSource in a research note on Thursday, February 12th. Weiss Ratings restated a "buy (b)" rating on shares of NiSource in a research report on Monday, December 29th. UBS Group increased their price target on shares of NiSource from $45.00 to $48.00 and gave the company a "buy" rating in a report on Wednesday, December 17th. Citigroup lifted their price target on NiSource from $44.00 to $47.00 and gave the stock a "neutral" rating in a research report on Thursday, February 12th. Finally, Wells Fargo & Company boosted their price objective on NiSource from $47.00 to $49.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 20th.

NiSource Stock Performance

NYSE NI opened at $46.00 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.69 and a quick ratio of 0.56. NiSource has a 1-year low of $35.64 and a 1-year high of $47.96. The business has a 50 day simple moving average of $45.57 and a two-hundred day simple moving average of $43.52. The stock has a market capitalization of $22.01 billion, a PE ratio of 23.59, a P/E/G ratio of 3.73 and a beta of 0.64.

NiSource (NYSE:NI - Get Free Report) last posted its earnings results on Wednesday, February 11th. The utilities provider reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.02. NiSource had a return on equity of 8.07% and a net margin of 13.99%.The firm had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the prior year, the company earned $0.49 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. On average, research analysts predict that NiSource will post 1.91 EPS for the current fiscal year.

NiSource Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Thursday, April 30th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $1.20 annualized dividend and a dividend yield of 2.6%. NiSource's payout ratio is currently 61.54%.

Institutional Trading of NiSource

Institutional investors have recently bought and sold shares of the stock. Orion Porfolio Solutions LLC boosted its stake in NiSource by 55,625.2% during the second quarter. Orion Porfolio Solutions LLC now owns 16,866,898 shares of the utilities provider's stock worth $680,411,000 after buying an additional 16,836,630 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in shares of NiSource by 19.0% in the fourth 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. Norges Bank bought a new stake in shares of NiSource in the 4th quarter worth about $336,852,000. Millennium Management LLC lifted its holdings in shares of NiSource by 2,288.8% in the 3rd quarter. Millennium Management LLC now owns 3,166,313 shares of the utilities provider's stock worth $137,101,000 after acquiring an additional 3,033,764 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of NiSource during the 4th quarter worth about $100,965,000. 91.64% of the stock is currently owned by institutional investors.

NiSource Company Profile

NiSource, Inc NYSE: NI is a publicly traded energy holding company headquartered in Merrillville, Indiana, that primarily owns and operates regulated local gas and electric utilities in the United States. Through its operating subsidiaries, the company delivers natural gas and electricity to residential, commercial and industrial customers and provides the associated distribution and transmission services that keep local energy systems functioning.

The company's core activities include natural gas distribution, electric transmission and distribution, system operations, maintenance and emergency response.

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