NiSource (NYSE:NI - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect NiSource to post earnings of $0.88 per share and revenue of $2.32 billion for the quarter. NiSource has set its FY 2025 guidance at 1.850-1.890 EPS.
NiSource (NYSE:NI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by ($0.05). NiSource had a return on equity of 7.87% and a net margin of 13.94%. During the same period in the previous year, the firm posted $0.53 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 Trading Down 0.3 %
NiSource stock traded down $0.12 during midday trading on Monday, reaching $39.18. The stock had a trading volume of 891,391 shares, compared to its average volume of 4,152,403. NiSource has a twelve month low of $27.60 and a twelve month high of $41.45. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.51 and a quick ratio of 0.41. The firm has a market cap of $18.44 billion, a price-to-earnings ratio of 24.18, a PEG ratio of 2.56 and a beta of 0.53. The firm's fifty day simple moving average is $39.19 and its two-hundred day simple moving average is $37.75.
NiSource Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Wednesday, April 30th will be given a $0.28 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $1.12 annualized dividend and a dividend yield of 2.86%. NiSource's dividend payout ratio (DPR) is presently 69.14%.
Analyst Ratings Changes
A number of brokerages have recently weighed in on NI. JPMorgan Chase & Co. upped their target price on NiSource from $42.00 to $43.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. Barclays upped their price objective on shares of NiSource from $38.00 to $42.00 and gave the company an "overweight" rating in a research note on Friday, April 25th. Mizuho lifted their target price on shares of NiSource from $42.00 to $44.00 and gave the company an "outperform" rating in a research note on Wednesday, March 26th. BMO Capital Markets upped their price target on shares of NiSource from $42.00 to $43.00 and gave the stock an "outperform" rating in a research note on Monday, April 28th. Finally, Wells Fargo & Company lifted their price objective on NiSource from $39.00 to $43.00 and gave the company an "overweight" rating in a research report on Thursday, February 13th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $41.11.
View Our Latest Stock Report on NiSource
Insider Buying and Selling at NiSource
In related news, CAO Gunnar Gode sold 5,500 shares of the firm's stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $39.92, for a total transaction of $219,560.00. Following the completion of the transaction, the chief accounting officer now owns 24,758 shares in the company, valued at $988,339.36. This trade represents a 18.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.24% of the company's stock.
NiSource Company Profile
(
Get Free Report)
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.
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