NiSource (NI) Projected to Post Quarterly Earnings on Wednesday

Key Points

• NiSource (NYSE:NI) is set to announce its Q2 2025 earnings on August 6th, with expectations of earnings of $0.21 per share and revenue of $1.16 billion.
• The company recently declared a quarterly dividend of $0.28 per share, payable on August 20th, which represents a 2.65% yield.
• Recent analyst ratings suggest a positive outlook for NiSource, with ten investment analysts giving the stock a "Buy" rating and raising the target price to around $43.00.

NiSource (NYSE:NI - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $1.16 billion for the quarter. NiSource has set its FY 2025 guidance at 1.850-1.89 EPS.

NiSource (NYSE:NI - Get Free Report) last announced its earnings results on Wednesday, May 7th. The utilities provider reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.08. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.32 billion. NiSource had a return on equity of 8.41% and a net margin of 14.67%. During the same period last year, the firm earned $0.85 earnings per share. On average, analysts expect NiSource to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NiSource Stock Up 0.3%

Shares of NiSource stock traded up $0.13 during trading hours on Friday, hitting $42.58. 3,260,437 shares of the company's stock traded hands, compared to its average volume of 3,879,042. The stock has a 50 day simple moving average of $40.09 and a 200-day simple moving average of $39.31. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 1.17. The company has a market cap of $20.04 billion, a PE ratio of 23.02, a PEG ratio of 2.87 and a beta of 0.53. NiSource has a twelve month low of $30.53 and a twelve month high of $42.90.

NiSource Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 20th. Investors of record on Thursday, July 31st will be paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, July 31st. NiSource's dividend payout ratio (DPR) is 60.54%.

Insider Buying and Selling

In other news, Director Michael E. Jesanis sold 6,178 shares of NiSource stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $37.81, for a total transaction of $233,590.18. Following the sale, the director owned 18,541 shares of the company's stock, valued at approximately $701,035.21. The trade was a 24.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Melanie B. Berman sold 6,227 shares of the business's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $39.42, for a total value of $245,468.34. Following the sale, the executive vice president directly owned 28,882 shares in the company, valued at approximately $1,138,528.44. The trade was a 17.74% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,405 shares of company stock worth $631,939. Corporate insiders own 0.24% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Woodline Partners LP grew its position in NiSource by 41.6% during the 1st quarter. Woodline Partners LP now owns 39,703 shares of the utilities provider's stock worth $1,592,000 after purchasing an additional 11,671 shares in the last quarter. NewEdge Advisors LLC grew its position in NiSource by 60.1% during the 1st quarter. NewEdge Advisors LLC now owns 30,494 shares of the utilities provider's stock worth $1,223,000 after purchasing an additional 11,452 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new position in NiSource during the 1st quarter worth approximately $105,000. Institutional investors and hedge funds own 91.64% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. BMO Capital Markets lifted their price target on NiSource from $42.00 to $43.00 and gave the stock an "outperform" rating in a research note on Monday, April 28th. Guggenheim lifted their price target on NiSource from $42.00 to $43.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Wells Fargo & Company lifted their price target on NiSource from $43.00 to $45.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Barclays lifted their price target on NiSource from $38.00 to $42.00 and gave the stock an "overweight" rating in a research note on Friday, April 25th. Finally, JPMorgan Chase & Co. lifted their price target on NiSource from $42.00 to $43.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. Ten investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $41.50.

NiSource Company Profile

NiSource Inc, an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.