NiSource (NYSE:NI) Price Target Lowered to $51.00 at LADENBURG THALM/SH SH

Key Points

• LADENBURG THALM/SH SH lowered NiSource’s price target slightly from $51.50 to $51.00 while maintaining a “buy” rating, implying approximately 21% upside from the prior close.
• Analyst sentiment remains broadly positive: 10 analysts rate the stock a Buy and two rate it a Hold, producing a “Moderate Buy” consensus and an average target price of $49.82.
• NiSource reported quarterly EPS of $0.16, matching estimates, while revenue of $1.34 billion exceeded the $1.15 billion consensus estimate; management’s FY 2026 EPS guidance is $2.02–$2.07.

NiSource (NYSE:NI - Get Free Report) had its price target cut by equities researchers at LADENBURG THALM/SH SH from $51.50 to $51.00 in a research note issued on Monday,Benzinga reports. The firm presently has a "buy" rating on the utilities provider's stock. LADENBURG THALM/SH SH's price target points to a potential upside of 21.07% from the company's previous close.

Other equities analysts have also recently issued research reports about the company. Wall Street Zen cut NiSource from a "hold" rating to a "sell" rating in a report on Saturday, May 16th. Citigroup lifted their target price on shares of NiSource from $47.00 to $49.00 and gave the company a "neutral" rating in a report on Monday, May 11th. Wells Fargo & Company increased their target price on NiSource from $51.00 to $52.00 and gave the company an "overweight" rating in a report on Thursday, May 7th. Royal Bank Of Canada assumed coverage on NiSource in a report on Wednesday, July 1st. They set an "outperform" rating and a $52.00 price target on the stock. Finally, BMO Capital Markets dropped their target price on shares of NiSource from $51.00 to $49.00 and set an "outperform" rating for the company in a report on Friday, July 17th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $49.82.

NiSource Price Performance

Shares of NiSource stock traded down $0.38 on Monday, hitting $42.12. 1,454,281 shares of the company traded hands, compared to its average volume of 4,505,397. 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 stock has a market capitalization of $20.20 billion, a P/E ratio of 22.41, a price-to-earnings-growth ratio of 3.16 and a beta of 0.55. NiSource has a 52 week low of $38.45 and a 52 week high of $49.21. The business has a 50-day simple moving average of $45.95 and a 200 day simple moving average of $46.36.

NiSource (NYSE:NI - Get Free Report) last released its earnings results on Wednesday, August 5th. The utilities provider reported $0.16 earnings per share for the quarter, hitting the consensus estimate of $0.16. NiSource had a return on equity of 7.95% and a net margin of 13.20%.The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the company earned $0.22 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. Research analysts expect that NiSource will post 2.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In other NiSource news, EVP Melody Birmingham sold 2,500 shares of NiSource stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $47.43, for a total value of $118,575.00. Following the transaction, the executive vice president owned 116,036 shares in the company, valued at approximately $5,503,587.48. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Melanie B. Berman sold 15,000 shares of the firm's stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $47.68, for a total value of $715,200.00. Following the sale, the executive vice president owned 35,990 shares of the company's stock, valued at $1,716,003.20. The trade was a 29.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.37% of the stock is owned by insiders.

Institutional Investors Weigh In On NiSource

A number of large investors have recently bought and sold shares of the business. NewEdge Advisors LLC increased its position in NiSource by 60.1% in the first 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 during the period. Woodline Partners LP grew its stake in NiSource by 41.6% in the first quarter. Woodline Partners LP now owns 39,703 shares of the utilities provider's stock valued at $1,592,000 after purchasing an additional 11,671 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of NiSource in the 1st quarter valued at about $105,000. Bank of Nova Scotia lifted its holdings in NiSource by 0.5% during the 2nd quarter. Bank of Nova Scotia now owns 49,220 shares of the utilities provider's stock valued at $1,986,000 after purchasing an additional 266 shares during the last quarter. Finally, AXA S.A. bought a new stake in shares of NiSource during the second quarter worth approximately $1,054,000. 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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