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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
The gold catalyst we’ve waited for (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
The gold catalyst we’ve waited for (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
The gold catalyst we’ve waited for (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament

NiSource - NI Stock Forecast, Price & News

$26.75
+0.77 (+2.96%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$25.98
$26.76
50-Day Range
$25.98
$27.96
52-Week Range
$23.78
$32.58
Volume
2.65 million shs
Average Volume
4.41 million shs
Market Capitalization
$11.03 billion
P/E Ratio
15.74
Dividend Yield
3.74%
Price Target
$29.17

NiSource MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.0% Upside
$29.17 Price Target
Short Interest
Healthy
1.52% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.59
Upright™ Environmental Score
News Sentiment
0.72mentions of NiSource in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.37%
From $1.57 to $1.67 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Utilities Sector

48th out of 84 stocks

Electric & Other Services Combined Industry

10th out of 19 stocks


NI stock logo

About NiSource (NYSE:NI) Stock

NiSource, Inc. is a holding company, which engages in the provision of energy solutions. It operates under the Gas Distribution Operations and Electric Operations segments. The Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial, and industrial customers. The Electric Operations segment includes generation, transmission, and distribution of electricity through NIPSCO, and wholesaling electric and transmission transactions. The company was founded in 1987 and is headquartered in Merrillville, IN.

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NI Stock News Headlines

Analysts Set NiSource Inc. (NYSE:NI) PT at $29.17
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
NiSource Closes on Bond Offering
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Brent Archer to retire from NiSource
NiSource Full Year 2022 Earnings: Beats Expectations
NiSource announces 2022 results, raises 2023 guidance
Utility firm NiSource raises 2023 earnings outlook
NiSource: A Risky Bet In A Stable Industry
NiSource (NI) to Report Q4 Earnings: Here's What to Expect
PG&E (PCG) Reports Next Week: What to Expect
Southern Company (SO) Q4 Earnings on Deck: What to Expect
NiSource (NYSE:NI) Is Increasing Its Dividend To $0.25
Is NiSource Inc. (NYSE:NI) Trading At A 49% Discount?
See More Headlines
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NI Company Calendar

Ex-Dividend for 2/17 Dividend
2/06/2023
Dividend Payable
2/17/2023
Last Earnings
2/22/2023
Today
3/26/2023
Ex-Dividend for 5/19 Dividend
4/27/2023
Next Earnings (Estimated)
5/03/2023
Dividend Payable
5/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
65473P10
Employees
7,162
Year Founded
1912

Price Target and Rating

Average Stock Price Forecast
$29.17
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+9.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$804.10 million
Pretax Margin
16.35%

Debt

Sales & Book Value

Annual Sales
$5.85 billion
Cash Flow
$3.87 per share
Book Value
$15.65 per share

Miscellaneous

Free Float
411,312,000
Market Cap
$11.03 billion
Optionable
Optionable
Beta
0.46

Social Links


Key Executives

  • Lloyd M. Yates
    President, Chief Executive Officer & Director
  • William Jefferson
    Chief Safety Officer & Executive VP-Operations
  • Donald Eugene BrownDonald Eugene Brown
    Chief Financial Officer & Executive Vice President
  • Charles Bankston
    Chief Information Officer & Senior Vice President
  • Melody Birmingham-Byrd
    Chief Innovation Officer & Executive VP













NI Stock - Frequently Asked Questions

Should I buy or sell NiSource stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NI shares.
View NI analyst ratings
or view top-rated stocks.

What is NiSource's stock price forecast for 2023?

5 Wall Street research analysts have issued 12 month price targets for NiSource's shares. Their NI share price forecasts range from $27.00 to $32.00. On average, they predict the company's share price to reach $29.17 in the next year. This suggests a possible upside of 9.0% from the stock's current price.
View analysts price targets for NI
or view top-rated stocks among Wall Street analysts.

How have NI shares performed in 2023?

NiSource's stock was trading at $27.42 at the beginning of the year. Since then, NI stock has decreased by 2.4% and is now trading at $26.75.
View the best growth stocks for 2023 here
.

When is NiSource's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our NI earnings forecast
.

How were NiSource's earnings last quarter?

NiSource Inc. (NYSE:NI) released its quarterly earnings data on Wednesday, February, 22nd. The utilities provider reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.01. The utilities provider had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.56 billion. NiSource had a trailing twelve-month return on equity of 11.13% and a net margin of 13.51%. During the same period last year, the firm posted $0.39 EPS.
Read the conference call transcript
.

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

NiSource declared a quarterly dividend on Tuesday, March 14th. Stockholders of record on Friday, April 28th will be given a dividend of $0.25 per share on Friday, May 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date is Thursday, April 27th.
Read our dividend analysis for NI
.

Is NiSource a good dividend stock?

NiSource (NYSE:NI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.85%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 58.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NI will have a dividend payout ratio of 59.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NI.

What guidance has NiSource issued on next quarter's earnings?

NiSource issued an update on its FY23 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share (EPS) guidance of $1.54-1.56 for the period, compared to the consensus estimate of $1.55.

What is Joseph Hamrock's approval rating as NiSource's CEO?

62 employees have rated NiSource Chief Executive Officer Joseph Hamrock on Glassdoor.com. Joseph Hamrock has an approval rating of 65% among the company's employees.

What other stocks do shareholders of NiSource own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NiSource investors own include AT&T (T), Verizon Communications (VZ), Kinder Morgan (KMI), Exxon Mobil (XOM), Cisco Systems (CSCO), Walt Disney (DIS), Procter & Gamble (PG), Duke Energy (DUK), Pfizer (PFE) and Southern (SO).

What is NiSource's stock symbol?

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

Who are NiSource's major shareholders?

NiSource's stock is owned by many different retail and institutional investors. Top institutional shareholders include Deutsche Bank AG (4.77%), Geode Capital Management LLC (2.08%), Millennium Management LLC (1.90%), Newport Trust Co (1.68%), Price T Rowe Associates Inc. MD (1.55%) and Franklin Resources Inc. (1.41%). Insiders that own company stock include Charles Edward Shafer II, Daniel A Creekmur, Donald Eugene Brown, Eric L Butler, Michael E Jesanis, Michael Hooper, Pablo Vegas and Shawn Anderson.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is NiSource's stock price today?

One share of NI stock can currently be purchased for approximately $26.75.

How much money does NiSource make?

NiSource (NYSE:NI) has a market capitalization of $11.03 billion and generates $5.85 billion in revenue each year. The utilities provider earns $804.10 million in net income (profit) each year or $1.70 on an earnings per share basis.

How many employees does NiSource have?

The company employs 7,162 workers across the globe.

Does NiSource have any subsidiaries?
The following companies are subsidiares of NiSource: Bay State Gas Company, Cavalry Solar Generation LLC, Central Kentucky Transmission Company, Columbia Energy Group, Columbia Gas of Kentucky Inc., Columbia Gas of Maryland Inc., Columbia Gas of Ohio Inc., Columbia Gas of Ohio Receivables Corporation, Columbia Gas of Pennsylvania Inc., Columbia Gas of Pennsylvania Receivables Corporation, Columbia Gas of Virginia Inc., Dunn's Bridge I Solar Generation LLC, Dunn's Bridge II Solar Generation LLC, Elliot Solar Generation LLC, EnergyUSA-TPC Inc., Fairbanks Solar Generation LLC, Indiana Crossroads Solar Generation LLC, Indiana Crossroads Wind Farm LLC, Indiana Crossroads Wind Generation LLC, Lake Erie Land Company, NIPSCO Accounts Receivable Corporation, NiSource Corporate Group LLC, NiSource Corporate Services Company, NiSource Development Company Inc., NiSource Energy Technologies Inc., NiSource Gas Distribution Group Inc., NiSource Insurance Corporation Inc., NiSource Retail Services Inc., NiSource Strategic Sourcing Inc., Northern Indiana Public Service Company LLC, RoseWater Wind Farm LLC, and RoseWater Wind Generation LLC.
Read More
How can I contact NiSource?

NiSource's mailing address is 801 East 86th Avenue, Merrillville IN, 46410. The official website for the company is www.nisource.com. The utilities provider can be reached via phone at (877) 647-5990, via email at ndrew@nisource, or via fax at 219-647-6085.

This page (NYSE:NI) was last updated on 3/26/2023 by MarketBeat.com Staff