NiSource (NYSE:NI) Updates FY 2025 Earnings Guidance

NiSource (NYSE:NI - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.850-1.89 for the period, compared to the consensus EPS estimate of 1.870. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

NI has been the subject of a number of recent analyst reports. Barclays upped their price objective on NiSource from $38.00 to $42.00 and gave the stock an "overweight" rating in a research note on Friday, April 25th. Mizuho increased their price objective on shares of NiSource from $42.00 to $44.00 and gave the company an "outperform" rating in a report on Wednesday, March 26th. Wells Fargo & Company boosted their target price on shares of NiSource from $39.00 to $43.00 and gave the stock an "overweight" rating in a report on Thursday, February 13th. BMO Capital Markets raised their target price on shares of NiSource from $42.00 to $43.00 and gave the company an "outperform" rating in a research note on Monday, April 28th. Finally, UBS Group boosted their price target on shares of NiSource from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Friday, March 21st. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $41.11.

NiSource Stock Up 0.1 %

Shares of NYSE:NI opened at $39.34 on Wednesday. The company has a market cap of $18.51 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 2.56 and a beta of 0.53. NiSource has a 12 month low of $27.60 and a 12 month high of $41.45. The company has a current ratio of 0.51, a quick ratio of 0.41 and a debt-to-equity ratio of 1.13. The company has a 50-day moving average price of $39.15 and a 200 day moving average price of $37.79.

NiSource (NYSE:NI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.05). NiSource had a net margin of 13.94% and a return on equity of 7.87%. During the same period in the prior year, the business earned $0.53 earnings per share. As a group, equities research analysts predict that NiSource will post 1.91 earnings per share for the current year.

NiSource Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Wednesday, April 30th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.85%. The ex-dividend date is Wednesday, April 30th. NiSource's dividend payout ratio is currently 69.14%.

Insider Buying and Selling

In other NiSource news, CAO Gunnar Gode sold 5,500 shares of the company's stock in a transaction on Friday, February 14th. The stock was sold at an average price of $39.92, for a total value of $219,560.00. Following the transaction, the chief accounting officer now owns 24,758 shares of the company's stock, valued at $988,339.36. This represents a 18.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.24% of the stock is owned by corporate insiders.

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.

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