NiSource (NI) Stock Price, News & Analysis

Company Overview

NiSource Inc. is a publicly traded energy holding company headquartered in Merrillville, Indiana. Through its regulated local utility subsidiaries, the company delivers natural gas and electric services to approximately four million retail customers across six states in the Midwest and Northeast regions of the United States.

The company’s primary business activities include the distribution of natural gas, electric transmission and distribution, and related pipeline and infrastructure operations. Its natural gas operations serve customers in Ohio, Pennsylvania, Kentucky, Virginia, Maryland and Massachusetts, while its electric utility subsidiary serves customers in northern Indiana. NiSource also invests in system modernization, safety initiatives and renewable energy integration, supporting the reliability and resilience of its network.

NiSource traces its origins to early 20th-century utility ventures and has grown through strategic acquisitions and mergers, including the combination with Columbia Energy Group in 2000. Today, the company is overseen by an experienced board of directors and executive leadership team committed to operational excellence, regulatory compliance and stakeholder engagement. NiSource continues to focus on delivering safe, affordable energy while advancing sustainability goals through infrastructure enhancements and community partnerships.

Key Stats

• Today's Range: $38.45 to $41.91
• 50-Day Range: $39.01 to $43.37
• 52-Week Range: $33.03 to $43.51
• Volume: 12.62 million shs
• Average Volume: 4.45 million shs
• Market Capitalization: $18.72 billion
• P/E Ratio: 21.15
• Dividend Yield: 2.82%
• Price Target: $42.56
• Consensus Rating: Moderate Buy

NiSource Stock Analysis - MarketRank™

NiSource scored higher than 82% of companies evaluated by MarketBeat, and ranked 26th out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NiSource has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

NiSource has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.28%

Earnings Growth

Earnings for NiSource are expected to grow by 6.28% in the coming year, from $1.91 to $2.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NiSource is 21.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 271.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of NiSource is 21.09, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 51.14.

Price to Earnings Growth Ratio

NiSource has a PEG Ratio of 2.86. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NiSource has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.70% of the outstanding shares of NiSource have been sold short.

Short Interest Ratio / Days to Cover

NiSource has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NiSource has recently increased by 6.72%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

NiSource pays a meaningful dividend of 2.65%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

NiSource has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of NiSource is 59.57%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, NiSource will have a dividend payout ratio of 55.17% next year. This indicates that NiSource will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -4.59

Percentage of Shares Shorted

2.70% of the outstanding shares of NiSource have been sold short.

Short Interest Ratio / Days to Cover

NiSource has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NiSource has recently increased by 6.72%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 1.68

News Sentiment

NiSource has a news sentiment score of 1.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 26 news articles for NiSource this week, compared to 17 articles on an average week.

Search Interest

Only 9 people have searched for NI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

6 people have added NiSource to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NiSource insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.24% of the stock of NiSource is held by insiders.

Percentage Held by Institutions

91.64% of the stock of NiSource is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NI Stock Analysis - Frequently Asked Questions

How have NI shares performed this year?

NiSource's stock was trading at $36.76 at the beginning of 2025. Since then, NI shares have increased by 8.0% and is now trading at $39.6930.

How were NiSource's earnings last quarter?

NiSource, Inc (NYSE:NI) issued its quarterly earnings results on Wednesday, August, 6th. The utilities provider reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.01. The utilities provider earned $1.16 billion during the quarter, compared to the consensus estimate of $1.16 billion. NiSource had a trailing twelve-month return on equity of 8.25% and a net margin of 14.46%.
Read the conference call transcript.

Does NiSource have any subsidiaries?

The following companies are subsidiaries of NiSource: Columbia Energy Group, Bay State Gas Company, Cavalry Solar Generation LLC, Central Kentucky Transmission Company, Columbia Gas of Kentucky Inc., Columbia Gas of Maryland Inc., Columbia Gas of Ohio Inc., and more.

Who are NiSource's major shareholders?

NiSource's top institutional shareholders include Vanguard Group Inc. (13.04%), State Street Corp (5.25%), Orion Porfolio Solutions LLC (3.58%) and Geode Capital Management LLC (2.60%). Insiders that own company stock include Donald Eugene Brown, Lloyd M Yates, William Jr Jefferson, Melanie B Berman, Gunnar Gode, Kimberly S Cuccia and Michael E Jesanis.
View institutional ownership trends.

How do I buy shares of NiSource?

Shares of NI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NiSource own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NiSource investors own include JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Chevron (CVX), Invesco QQQ (QQQ), Exxon Mobil (XOM), Home Depot (HD) and Tesla (TSLA).

Company Calendar

• Record date for 8/20 Dividend: 7/31/2025
• Ex-Dividend for 8/20 Dividend: 7/31/2025
• Last Earnings: 8/06/2025
• Dividend Payable: 8/20/2025
• Today: 9/04/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:NI
• CIK: 1111711
• Web: www.nisource.com
• Phone: (877) 647-5990
• Fax: 219-647-6085
• Employees: 7,746
• Year Founded: 1912

Price Target and Rating

• Average Price Target for NiSource: $42.56
• High Price Target: $45.00
• Low Price Target: $37.00
• Potential Upside/Downside: +7.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.90
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.88
• Trailing P/E Ratio: 21.04
• Forward P/E Ratio: 20.66
• P/E Growth: 2.86
• Net Income: $760.40 million
• Net Margins: 14.46%
• Pretax Margin: 18.96%
• Return on Equity: 8.25%
• Return on Assets: 2.73%

Debt

• Debt-to-Equity Ratio: 1.32
• Current Ratio: 0.59
• Quick Ratio: 0.48

Sales & Book Value

• Annual Sales: $5.46 billion
• Price / Sales: 3.41
• Cash Flow: $3.73 per share
• Price / Cash Flow: 10.59
• Book Value: $23.35 per share
• Price / Book: 1.69

Miscellaneous

• Outstanding Shares: 470,860,000
• Free Float: 469,725,000
• Market Cap: $18.58 billion
• Optionable: Optionable
• Beta: 0.60