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NiSource (NI) Stock Price, News & Analysis

$31.33
+0.25 (+0.80%)
(As of 07/26/2024 ET)
Today's Range
$31.16
$31.46
50-Day Range
$27.76
$31.33
52-Week Range
$22.86
$31.55
Volume
2.16 million shs
Average Volume
4.25 million shs
Market Capitalization
$14.05 billion
P/E Ratio
20.48
Dividend Yield
3.38%
Price Target
$30.50

NiSource MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.6% Downside
$30.50 Price Target
Short Interest
Bearish
4.02% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.59
Upright™ Environmental Score
News Sentiment
0.92mentions of NiSource in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$104,626 Sold Last Quarter
Proj. Earnings Growth
6.98%
From $1.72 to $1.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.08 out of 5 stars

Utilities Sector

35th out of 90 stocks

Electric & Other Services Combined Industry

10th out of 18 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 in two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various 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 in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County, Indiana; and solar generating units in Jasper County and White County. 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

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NiSource Inc. (NI)
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NiSource (NYSE:NI) Hits New 1-Year High After Analyst Upgrade
Barclays Raises NiSource (NYSE:NI) Price Target to $34.00
See More Headlines
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Company Calendar

Ex-Dividend for 5/20 Dividend
4/29/2024
Last Earnings
5/08/2024
Dividend Payable
5/20/2024
Today
7/26/2024
Ex-Dividend for 8/20 Dividend
7/31/2024
Next Earnings (Confirmed)
8/07/2024
Dividend Payable
8/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
CUSIP
65473P10
Employees
7,411
Year Founded
1912

Price Target and Rating

Average Stock Price Target
$30.50
High Stock Price Target
$34.00
Low Stock Price Target
$25.00
Potential Upside/Downside
-2.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$714.30 million
Pretax Margin
16.52%

Debt

Sales & Book Value

Annual Sales
$5.51 billion
Cash Flow
$4.09 per share
Book Value
$23.34 per share

Miscellaneous

Free Float
447,722,000
Market Cap
$14.00 billion
Optionable
Optionable
Beta
0.50

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NI Stock Analysis - Frequently Asked Questions

How have NI shares performed this year?

NiSource's stock was trading at $26.55 at the beginning of the year. Since then, NI stock has increased by 18.0% and is now trading at $31.33.
View the best growth stocks for 2024 here
.

How were NiSource's earnings last quarter?

NiSource Inc. (NYSE:NI) posted its earnings results on Wednesday, May, 8th. The utilities provider reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. The utilities provider earned $1.71 billion during the quarter, compared to the consensus estimate of $2.07 billion. NiSource had a net margin of 14.23% and a trailing twelve-month return on equity of 9.56%.
Read the conference call transcript
.

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.

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 others.

Who are NiSource's major shareholders?

Top institutional shareholders of NiSource include Bank of New York Mellon Corp (0.95%), Maple Brown Abbott Ltd (0.74%), Assenagon Asset Management S.A. (0.72%) and TCW Group Inc. (0.31%). Insiders that own company stock include Donald Eugene Brown, Lloyd M Yates, Michael E Jesanis, William Jr Jefferson, Kimberly S Cuccia and Melanie B Berman.
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.
Compare Top Brokerages Here.

What other stocks do shareholders of NiSource own?

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

This page (NYSE:NI) was last updated on 7/26/2024 by MarketBeat.com Staff

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