NiSource Stock Price, News & Analysis (NYSE:NI)

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 3 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.

3 Wall Street analysts have issued 1 year target prices for NiSource's shares. Their NI share price targets range from $25.00 to $31.00. On average, they predict the company's stock price to reach $29.29 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for NI or view top-rated stocks among Wall Street analysts.

NiSource's stock was trading at $27.42 at the beginning of 2023. Since then, NI stock has decreased by 3.6% and is now trading at $26.43.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our NI earnings forecast.

NiSource Inc. (NYSE:NI) released its quarterly earnings data on Wednesday, November, 1st. The utilities provider reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.05. The utilities provider earned $1.03 billion during the quarter, compared to analysts' expectations of $1.06 billion. NiSource had a net margin of 12.46% and a trailing twelve-month return on equity of 11.14%. During the same period in the previous year, the company posted $0.10 earnings per share.
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NiSource announced a quarterly dividend on Monday, August 7th. Shareholders of record on Tuesday, October 31st will be paid a dividend of $0.25 per share on Monday, November 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend is Monday, October 30th.
Read our dividend analysis for NI.

NiSource (NYSE:NI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.82%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 67.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NI will have a dividend payout ratio of 58.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NI.

ETFs with the largest weight of NiSource (NYSE:NI) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Tortoise North American Pipeline Fund (TPYP), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust Utilities AlphaDEX Fund (FXU), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and WisdomTree U.S. AI Enhanced Value Fund (AIVL).

NiSource issued an update on its FY 2024 earnings guidance on Wednesday, November, 1st. The company provided earnings per share guidance of $1.68-$1.72 for the period, compared to the consensus EPS estimate of $1.68. The company issued revenue guidance of -.

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.

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).

NiSource's stock is owned by a number of institutional and retail investors. Top institutional investors include Deutsche Bank AG (4.46%), Deutsche Bank AG (4.46%), Jennison Associates LLC (3.17%), FMR LLC (2.63%), Barclays PLC (2.33%) and Invesco Ltd. (1.96%). Insiders that own company stock include Daniel A Creekmur, Donald Eugene Brown, Eric L Butler, Kimberly S Cuccia, Lloyd M Yates, Michael E Jesanis, Michael Hooper, Pablo Vegas and William Jr Jefferson.
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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.
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