NiSource Company Profile (NYSE:NI)

About NiSource (NYSE:NI)

NiSource logoNiSource Inc. is an energy holding company. The Company is engaged in the distribution of natural gas. The Company operates through two business segments: Gas Distribution Operations and Electric Operations. The Company's Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts. As of December 31, 2016, the Company's Electric Operations segment provided electric services in 20 counties in the northern part of Indiana. The Company's electric operations segment generated, transmitted and distributed electricity through the Company's subsidiary NIPSCO to approximately 466,000 customers in 20 counties in the northern part of Indiana and engaged in wholesale and transmission transactions, as of December 31, 2016. NIPSCO owned and operated three coal-fired electric generating stations, as of December 31, 2016.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: Multi-Utilities
  • Symbol: NYSE:NI
  • CUSIP: 65473P10
  • Web:
  • Market Cap: $8.3 billion
  • Outstanding Shares: 324,667,000
Average Prices:
  • 50 Day Moving Avg: $24.33
  • 200 Day Moving Avg: $23.02
  • 52 Week Range: $21.17 - $26.94
  • Trailing P/E Ratio: 23.36
  • Foreward P/E Ratio: 20.45
  • P/E Growth: 2.59
Sales & Book Value:
  • Annual Revenue: $4.65 billion
  • Price / Sales: 1.78
  • Book Value: $12.92 per share
  • Price / Book: 1.98
  • Annual Dividend: $0.70
  • Dividend Yield: 2.7%
  • EBIDTA: $1.41 billion
  • Net Margins: 6.87%
  • Return on Equity: 8.76%
  • Return on Assets: 1.90%
  • Debt-to-Equity Ratio: 1.60%
  • Current Ratio: 0.47%
  • Quick Ratio: 0.29%
  • Average Volume: 2.90 million shs.
  • Beta: 0.29
  • Short Ratio: 1.41

Frequently Asked Questions for NiSource (NYSE:NI)

What is NiSource's stock symbol?

NiSource trades on the New York Stock Exchange (NYSE) under the ticker symbol "NI."

How often does NiSource pay dividends? What is the dividend yield for NiSource?

NiSource announced a quarterly dividend on Tuesday, May 9th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.175 per share on Friday, August 18th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date is Thursday, July 27th. View NiSource's Dividend History.

How were NiSource's earnings last quarter?

NiSource Inc. (NYSE:NI) released its earnings results on Wednesday, May, 3rd. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.06. The company earned $1.60 billion during the quarter, compared to analyst estimates of $1.51 billion. NiSource had a return on equity of 8.76% and a net margin of 6.87%. During the same quarter in the previous year, the company earned $0.62 EPS. View NiSource's Earnings History.

Where is NiSource's stock going? Where will NiSource's stock price be in 2017?

11 analysts have issued 1 year price objectives for NiSource's shares. Their forecasts range from $23.00 to $27.00. On average, they expect NiSource's stock price to reach $25.22 in the next twelve months. View Analyst Ratings for NiSource.

Are investors shorting NiSource?

NiSource saw a increase in short interest in April. As of April 13th, there was short interest totalling 9,620,527 shares, an increase of 61.9% from the March 31st total of 5,942,696 shares. Based on an average daily trading volume, of 2,776,312 shares, the short-interest ratio is presently 3.5 days. Approximately 3.0% of the company's shares are short sold.

Who are some of NiSource's key competitors?

Who are NiSource's key executives?

NiSource's management team includes the folowing people:

  • Richard L. Thompson, Independent Chairman of the Board
  • Joseph Hamrock, President, Chief Executive Officer, Director
  • Donald Eugene Brown, Chief Financial Officer, Executive Vice President
  • Jim L. Stanley, Chief Operating Officer, Executive Vice President
  • Mike Finissi, Executive Vice President - Safety, Capital Execution and Technical Services
  • Carrie J. Hightman, Chief Legal Officer, Executive Vice President
  • Carl W. Levander, Executive Vice President - Regulatory Policy and Corporate Affairs
  • Violet G. Sistovaris, Executive Vice President; President of NIPSCO
  • Pablo W. Vegas, Executive Vice President - Gas Segment , Chief Customer Officer
  • Joseph W. Mulpas, Chief Accounting Officer, Vice President

Who owns NiSource stock?

NiSource's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.24%), BlackRock Inc. (7.33%), JPMorgan Chase & Co. (5.39%), State Street Corp (5.00%), Alliancebernstein L.P. (2.52%) and Goldman Sachs Group Inc. (1.33%). Company insiders that own NiSource stock include Carl W Levander, Carrie J Hightman, Deborah S Parker, Donald Eugene Brown, Jimmie L Stanley, Joseph W Mulpas, Michael E Jesanis, Pablo Vegas, Robert Dale Campbell, Teresa M Smith and Violet Sistovaris. View Institutional Ownership Trends for NiSource.

Who sold NiSource stock? Who is selling NiSource stock?

NiSource's stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Vanguard Group Inc., AQR Capital Management LLC, Goldman Sachs Group Inc., DekaBank Deutsche Girozentrale, Teachers Advisors LLC, AXA and Brookfield Asset Management Inc.. Company insiders that have sold NiSource stock in the last year include Carrie J Hightman, Donald Eugene Brown, Jimmie L Stanley, Joseph W Mulpas, Pablo Vegas, Teresa M Smith and Violet Sistovaris. View Insider Buying and Selling for NiSource.

Who bought NiSource stock? Who is buying NiSource stock?

NiSource's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Neuberger Berman Group LLC, Prudential Financial Inc., First Trust Advisors LP, Morgan Stanley, Maple Brown Abbott Ltd and Canada Pension Plan Investment Board. Company insiders that have bought NiSource stock in the last two years include Michael E Jesanis and Pablo Vegas. View Insider Buying and Selling for NiSource.

How do I buy NiSource stock?

Shares of NiSource can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is NiSource's stock price today?

One share of NiSource stock can currently be purchased for approximately $25.56.

MarketBeat Community Rating for NiSource (NYSE NI)
Community Ranking:  1.3 out of 5 ()
Outperform Votes:  76 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  284
MarketBeat's community ratings are surveys of what our community members think about NiSource and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for NiSource (NYSE:NI) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $25.22 (1.34% downside)

Analysts' Ratings History for NiSource (NYSE:NI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/26/2017US Capital AdvisorsDowngradeBuy -> HoldLowView Rating Details
5/19/2017Ladenburg Thalmann Financial ServicesInitiated CoverageBuy -> Buy$27.00LowView Rating Details
3/31/2017Jefferies Group LLCReiterated RatingHold$23.00LowView Rating Details
1/9/2017GuggenheimUpgradeNeutral -> BuyN/AView Rating Details
12/15/2016Goldman Sachs Group IncInitiated CoverageNeutral$23.00N/AView Rating Details
12/14/2016Citigroup IncUpgradeNeutral -> BuyN/AView Rating Details
11/2/2016Evercore ISIUpgradeSell -> HoldN/AView Rating Details
9/12/2016KeyCorpSet Price TargetBuy$27.00N/AView Rating Details
8/19/2016Credit Suisse Group AGDowngradeNeutral -> Underperform$25.00N/AView Rating Details
8/3/2016JPMorgan Chase & Co.Reiterated RatingHold$26.00N/AView Rating Details
7/11/2016ArgusReiterated RatingHoldN/AView Rating Details
3/18/2016Barclays PLCBoost Price TargetEqual Weight$21.00 -> $22.00N/AView Rating Details
(Data available from 5/29/2015 forward)


Earnings History for NiSource (NYSE:NI)
Earnings by Quarter for NiSource (NYSE:NI)
Earnings History by Quarter for NiSource (NYSE:NI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.65$0.71$1.51 billion$1.60 billionViewListenView Earnings Details
2/22/2017Q416$0.34$0.33$1.04 billion$1.30 billionViewListenView Earnings Details
11/1/2016Q316$0.07$0.06$862.60 million$861.30 millionViewN/AView Earnings Details
8/2/2016Q216$0.07$0.08$928.10 million$897.60 millionViewN/AView Earnings Details
5/3/2016Q116$0.59$0.60$1.78 billion$1.45 billionViewN/AView Earnings Details
2/18/2016Q415$0.30$0.31$788.70 million$788.50 millionViewListenView Earnings Details
11/3/2015Q315$0.02$0.06$881.14 million$821.10 millionViewN/AView Earnings Details
8/3/2015Q215$0.22$0.18$963.30 million$957.20 millionViewListenView Earnings Details
4/30/2015Q115$0.82$0.85$2.35 billion$1.32 billionViewN/AView Earnings Details
2/18/2015Q414$0.52$0.51$1.65 billion$1.13 billionViewN/AView Earnings Details
10/30/2014Q314$0.16$0.14$1.13 billion$1.14 billionViewN/AView Earnings Details
7/31/2014Q214$0.25$0.25$1.25 billion$963.30 millionViewListenView Earnings Details
4/30/2014Q114$0.79$0.82$1.93 billion$1.23 billionViewListenView Earnings Details
2/18/2014Q413$0.46$0.47$1.53 billion$1.05 billionViewListenView Earnings Details
10/31/2013Q313$0.17$0.18$1.07 billion$1.08 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.23$0.23$1.07 billion$1.20 billionViewListenView Earnings Details
4/30/2013Q1 2013$0.71$0.69$1.69 billion$1.78 billionViewListenView Earnings Details
2/19/2013Q4 2012$0.42$0.44$1.43 billion$1.40 billionViewListenView Earnings Details
11/2/2012Q312$0.05$0.05$1.04 billion$961.90 millionViewN/AView Earnings Details
7/31/2012$0.19$0.23ViewN/AView Earnings Details
5/1/2012$0.72$0.76ViewN/AView Earnings Details
2/1/2012$0.35$0.32ViewN/AView Earnings Details
10/28/2011$0.09$0.11ViewN/AView Earnings Details
8/2/2011$0.16$0.17ViewN/AView Earnings Details
5/3/2011$0.72$0.72ViewN/AView Earnings Details
2/1/2011$0.34$0.33ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for NiSource (NYSE:NI)
2017 EPS Consensus Estimate: $1.21
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.65$0.69$0.67
Q2 20171$0.12$0.12$0.12
Q3 20171$0.08$0.08$0.08
Q4 20171$0.34$0.34$0.34
(Data provided by Zacks Investment Research)


Current Dividend Information for NiSource (NYSE:NI)
Next Dividend:8/18/2017
Annual Dividend:$0.70
Dividend Yield:2.74%
Dividend Growth:-13.20% (3 Year Average)
Payout Ratio:76.09% (Trailing 12 Months of Earnings)
59.32% (Based on This Year's Estimates)
56.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for NiSource (NYSE:NI)

Dividend History by Quarter for NiSource (NYSE:NI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NiSource (NYSE:NI)
Insider Ownership Percentage: 0.32%
Institutional Ownership Percentage: 83.27%
Insider Trades by Quarter for NiSource (NYSE:NI)
Institutional Ownership by Quarter for NiSource (NYSE:NI)
Insider Trades by Quarter for NiSource (NYSE:NI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/25/2017Donald Eugene BrownCFOSell6,906$25.51$176,172.06View SEC Filing  
5/23/2017Pablo VegasEVPSell7,200$25.12$180,864.00View SEC Filing  
5/12/2017Violet SistovarisEVPSell38,550$24.25$934,837.50View SEC Filing  
5/11/2017Jimmie L StanleyCOOSell37,325$24.11$899,905.75View SEC Filing  
3/10/2017Carrie J HightmanEVPSell24,000$23.28$558,720.00View SEC Filing  
3/10/2017Joseph W MulpasVPSell13,000$23.28$302,640.00View SEC Filing  
1/9/2017Michael E JesanisDirectorBuy12,000$22.53$270,360.00View SEC Filing  
11/16/2016Pablo VegasEVPBuy21,541$21.75$468,516.75View SEC Filing  
8/31/2016Teresa M SmithVPSell1,200$23.75$28,500.00View SEC Filing  
3/7/2016Carl W LevanderEVPSell6,000$22.39$134,340.00View SEC Filing  
3/2/2016Robert Dale CampbellEVPSell30,000$21.55$646,500.00View SEC Filing  
6/12/2015Deborah S ParkerDirectorSell3,429$46.28$158,694.12View SEC Filing  
2/20/2015Marty R KittrellDirectorSell4,000$43.50$174,000.00View SEC Filing  
3/6/2014Jon VeurinkCAOSell7,176$34.71$249,078.96View SEC Filing  
2/28/2014Robert Dale CampbellVPSell7,000$35.03$245,210.00View SEC Filing  
2/24/2014Carrie HightmanEVPSell14,125$35.51$501,578.75View SEC Filing  
2/20/2014Glen KetteringCEOSell14,000$35.27$493,780.00View SEC Filing  
9/3/2013Sigmund CorneliusDirectorBuy1,000$28.99$28,990.00View SEC Filing  
8/23/2013Carrie HightmanEVPBuy12,299$29.30$360,360.70View SEC Filing  
8/12/2013Jon VeurinkCAOSell6,097$30.65$186,873.05View SEC Filing  
5/16/2013Marty R KittrellDirectorSell3,408$29.48$100,467.84View SEC Filing  
8/6/2012Glen L KetteringSVPBuy3,865$25.31$97,823.15View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for NiSource (NYSE:NI)
Latest Headlines for NiSource (NYSE:NI)
DateHeadline logoNiSource Announces Pricing for its Cash Tender Offers - PR Newswire (press release) - May 27 at 5:48 AM logoForm 4 NISOURCE INC/DE For: May 25 Filed by: Brown Donald Eugene - May 26 at 7:44 PM logoNiSource Inc. (NI) Upgraded at Zacks Investment Research - May 26 at 1:35 PM logoNiSource Inc. (NI) CFO Sells $176,172.06 in Stock - May 26 at 1:35 PM logoNiSource Inc. (NI) Stock Rating Lowered by US Capital Advisors - May 26 at 11:36 AM logoAmeren (AEE) Overvalued than Industry, Should You Sell? - May 26 at 4:50 AM logoNiSource Announces Early Tender Results for Tender Offer - May 26 at 4:50 AM logoNiSource Announces Pricing for its Cash Tender Offers - May 26 at 4:50 AM logoNiSource Inc. (NI) Cut to "Hold" at Zacks Investment Research - May 25 at 1:21 PM logoNiSource Issues $1 Billion of 10-Year Notes and $1 Billion of 30-Year Notes - PR Newswire (press release) - May 24 at 6:56 PM logoNiSource (NI) Issues Notes Worth $2B to Refinance Debts - May 24 at 6:56 PM logoNiSource Inc. (NI) EVP Sells $180,864.00 in Stock - May 24 at 1:22 PM logoNiSource Inc. (NI) Given Consensus Recommendation of "Hold" by Brokerages - May 23 at 10:02 AM logoNiSource Issues $1 Billion of 10-Year Notes and $1 Billion of 30-Year Notes - May 22 at 6:06 PM logoLadenburg Thalmann Financial Services Initiates Coverage on NiSource Inc. (NI) - May 20 at 10:06 AM logoNiSource (NI) Benefits from Investments, Debt Levels a Woe - May 19 at 7:19 PM logo$934.95 Million in Sales Expected for NiSource Inc. (NI) This Quarter - May 17 at 12:00 PM logoAtlantica Yield (ABY) Posts Narrower-than-Expected Q1 Loss - May 16 at 10:15 AM logoInsider Selling: NiSource Inc. (NI) EVP Sells 38,550 Shares of Stock - May 15 at 4:20 PM logo Analysts Anticipate NiSource Inc. (NI) to Announce $0.09 Earnings Per Share - May 15 at 10:06 AM logoForm 4 NISOURCE INC/DE For: May 11 Filed by: Stanley Jimmie L - May 13 at 12:28 AM logoInsider Selling: NiSource Inc. (NI) COO Sells 37,325 Shares of Stock - May 12 at 1:26 PM logoNiSource Named Top Utility in Forbes' America's Best Employers List - PR Newswire (press release) - May 12 at 8:02 AM logoBRIEF-Nisource Finance Corp offers to buy any and all outstanding 6.125 pct notes due 2022 - May 11 at 7:19 PM logoNiSource Named Top Utility in Forbes' America's Best Employers List - May 11 at 9:26 AM logoNiSource Finance Corp. Announces Cash Tender Offers for Certain Notes - May 11 at 9:26 AM logoNiSource Declares Quarterly Common Dividend - PR Newswire (press release) - May 11 at 12:01 AM logoNiSource Named Top Dividend Stock With Insider Buying and 2.88% Yield (NI) - May 9 at 6:29 PM logoNiSource Shareholders Elect 2017-18 Directors - May 9 at 6:29 PM logoNiSource Inc. (NI) Announces Quarterly Dividend of $0.18 - May 9 at 2:48 PM logoETFs with exposure to NiSource, Inc. : May 8, 2017 - May 8 at 6:17 PM logoNiSource Inc. (NI) - May 8 at 12:20 PM logoNiSource, Inc. :NI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017 - May 5 at 7:07 PM logoEdited Transcript of NI earnings conference call or presentation 3-May-17 1:00pm GMT - May 5 at 7:07 PM logoNiSource Establishes "at-the-market" Equity Offering Program - Quick Facts - May 4 at 11:55 PM logoBRIEF-Nisource files for offering of up to $500.0 mln shares - May 4 at 11:22 AM logoNiSource Inc. (NI) Receives Consensus Recommendation of "Hold" from Analysts - May 4 at 1:05 AM logoNiSource Reports First Quarter 2017 Earnings - PR Newswire (press release) - May 3 at 10:51 PM logoNiSource Inc. Reveals 17% Advance In Q1 Bottom Line - May 3 at 5:50 PM logoNiSource (NI) Q1 2017 Results - Earnings Call Transcript - May 3 at 5:50 PM logoNiSource (NI) Beats Q1 Earnings and Revenue Estimates - May 3 at 5:50 PM logoNiSource Inc. (NI) Issues Quarterly Earnings Results - May 3 at 1:08 PM logoNiSource Announces $500 Million At-The-Market (ATM) Equity Issuance Program - PR Newswire (press release) - May 3 at 8:33 AM logoNiSource Inc. Reveals 17% Advance In Q1 Bottom Line - Nasdaq - May 3 at 8:33 AM logoNiSource meets 1Q profit forecasts - May 3 at 8:33 AM logoNiSource Reports First Quarter 2017 Earnings - May 3 at 8:33 AM logoNiSource Announces $500 Million At-The-Market (ATM) Equity Issuance Program - May 3 at 8:33 AM logoIs a Surprise in Store for PPL Corp (PPL) in Q1 Earnings? - May 1 at 5:45 PM logoIs a Surprise Coming for NiSource (NI) This Earnings Season? - May 1 at 12:18 PM logoNiSource Inc. (NI) Sees Large Growth in Short Interest - April 30 at 10:30 AM



NiSource (NI) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by Staff