NYSE:NINiSource Stock Price, Forecast & News

NiSource's stock was trading at $27.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NI stock has decreased by 12.1% and is now trading at $23.8187. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for NiSource.

NiSource is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for NiSource.

NiSource Inc. (NYSE:NI) released its earnings results on Wednesday, May, 6th. The utilities provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by $0.04. The utilities provider had revenue of $1.61 billion for the quarter, compared to analysts' expectations of $1.95 billion. NiSource had a return on equity of 9.54% and a net margin of 4.85%. During the same quarter in the prior year, the company posted $0.82 EPS. View NiSource's earnings history.

NiSource announced a quarterly dividend on Tuesday, May 19th. Shareholders of record on Friday, July 31st will be paid a dividend of $0.21 per share on Thursday, August 20th. This represents a $0.84 annualized dividend and a yield of 3.53%. The ex-dividend date is Thursday, July 30th. View NiSource's dividend history.

10 brokerages have issued 1 year price targets for NiSource's stock. Their forecasts range from $24.00 to $32.00. On average, they expect NiSource's stock price to reach $28.70 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View analysts' price targets for NiSource.

Press coverage about NI stock has trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NiSource earned a news impact score of -1.5 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about NiSource.

Some companies that are related to NiSource include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), Consolidated Edison (ED), DTE Energy (DTE), Ameren (AEE), PG&E (PCG), CMS Energy (CMS), Alliant Energy (LNT), CenterPoint Energy (CNP), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NiSource investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Kinder Morgan (KMI), Exxon Mobil (XOM), Walt Disney (DIS), Bank of America (BAC), Columbia Pipeline Partners (CPPL), Dominion Energy (D) and Duke Energy (DUK).

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

NiSource's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%), Envestnet Asset Management Inc. (0.04%), Moody National Bank Trust Division (0.04%), DNB Asset Management AS (0.02%), IFM Investors Pty Ltd (0.01%) and Louisiana State Employees Retirement System (0.00%). Company insiders that own NiSource stock include Carrie J Hightman, Donald Eugene Brown, Joseph W Mulpas, Michael E Jesanis and Violet Sistovaris. View institutional ownership trends for NiSource.

NI stock was sold by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Park National Corp OH, and Moody National Bank Trust Division. Company insiders that have sold NiSource company stock in the last year include Carrie J Hightman, Donald Eugene Brown, Joseph W Mulpas, Michael E Jesanis, and Violet Sistovaris. View insider buying and selling activity for NiSource.

NI stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., DNB Asset Management AS, NuWave Investment Management LLC, State of Alaska Department of Revenue, and Louisiana State Employees Retirement System. View insider buying and selling activity for NiSource.

Shares of NI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NI stock can currently be purchased for approximately $23.82.

NiSource has a market capitalization of $9.12 billion and generates $5.21 billion in revenue each year. The utilities provider earns $383.10 million in net income (profit) each year or $1.32 on an earnings per share basis. NiSource employs 8,363 workers across the globe.

The official website for NiSource is www.nisource.com.

NiSource's mailing address is 801 East 86th Avenue, Merrillville IN, 46410. The utilities provider can be reached via phone at 877-647-5990 or via email at [email protected]