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S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
An Unusual Way to Invest in Gold (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
New CBOE “special perk” helps traders target income every weekend (Ad)
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How to find penny stocks to invest and trade 
New CBOE “special perk” helps traders target income every weekend (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
An Unusual Way to Invest in Gold (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
New CBOE “special perk” helps traders target income every weekend (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
New CBOE “special perk” helps traders target income every weekend (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
An Unusual Way to Invest in Gold (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
New CBOE “special perk” helps traders target income every weekend (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
New CBOE “special perk” helps traders target income every weekend (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary

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

$26.43
+0.02 (+0.08%)
(As of 12/7/2023 ET)
Compare
Today's Range
$26.38
$26.75
50-Day Range
$23.20
$26.44
52-Week Range
$22.86
$28.95
Volume
3.84 million shs
Average Volume
4.49 million shs
Market Capitalization
$10.93 billion
P/E Ratio
17.74
Dividend Yield
3.78%
Price Target
$29.29

NiSource MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.8% Upside
$29.29 Price Target
Short Interest
Healthy
3.58% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.59
Upright™ Environmental Score
News Sentiment
1.02mentions of NiSource in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$131,200 Sold Last Quarter
Proj. Earnings Growth
6.25%
From $1.60 to $1.70 Per Share

Overall MarketRank

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

2.74 out of 5 stars

Utilities Sector

6th out of 86 stocks

Utilities - Regulated Gas Industry

1st out of 3 stocks


NI stock logo

About NiSource Stock (NYSE:NI)

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 859,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,800 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 486,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

NI Stock Price History

NI Stock News Headlines

StockNews.com Lowers NiSource (NYSE:NI) to Sell
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
NiSource (NYSE:NI) Upgraded to "Hold" by StockNews.com
5 Low-Beta Utilities Stocks to Buy as Fed Remains Hawkish
NiSource: Positioned For Solid Dividend Growth
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
NiSource Hosts Annual Supplier Day Event
NiSource Inc. (NYSE:NI) Has A ROE Of 9.3%
NiSource Q3 2023 Earnings Preview
See More Headlines
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Company Calendar

Ex-Dividend for 11/20 Dividend
10/30/2023
Last Earnings
11/01/2023
Dividend Payable
11/20/2023
Today
12/07/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Utilities - Regulated Gas
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
65473P10
Employees
7,117
Year Founded
1912

Price Target and Rating

Average Stock Price Target
$29.29
High Stock Price Target
$31.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+10.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$804.10 million
Pretax Margin
15.07%

Debt

Sales & Book Value

Annual Sales
$5.85 billion
Cash Flow
$3.79 per share
Book Value
$15.65 per share

Miscellaneous

Free Float
412,423,000
Market Cap
$10.93 billion
Optionable
Optionable
Beta
0.50

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NI Stock Analysis - Frequently Asked Questions

Should I buy or sell NiSource stock right now?

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.

What is NiSource's stock price target for 2024?

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.

How have NI shares performed in 2023?

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.
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, February 28th 2024.
View our NI earnings forecast
.

How were NiSource's earnings last quarter?

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.
Read the conference call transcript
.

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

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
.

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 3.82%. 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.

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

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 -.

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).

Who are NiSource's major shareholders?

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.
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.

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
This page (NYSE:NI) was last updated on 12/8/2023 by MarketBeat.com Staff

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