NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. The company operates in two segments, Gas Distribution Operations and Electric Operations. It provides natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and offers wholesale and transmission transaction services. The company serves approximately 3.5 million natural gas customers and 469,000 electricity customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana, and Massachusetts. It also owns and operates three coal-fired electric generating stations with a net capability of 2,540 megawatts (MW), three gas-fired generating units with a net capability of 196 MW, and two hydroelectric generating plants with a net capability of 10 MW, as well as a combined cycle gas turbine plant with a net capability of 535 MW. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1912 and is headquartered in Merrillville, Indiana.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:NI
CUSIP65473P10
Phone877-647-5990
Debt
Debt-to-Equity Ratio1.62
Current Ratio0.51
Quick Ratio0.43
Price-To-Earnings
Trailing P/E Ratio21.45
Forward P/E Ratio20.12
P/E Growth3.68
Sales & Book Value
Annual Sales$4.87 billion
Price / Sales1.80
Cash Flow$2.8962 per share
Price / Cash8.96
Book Value$12.83 per share
Price / Book2.02
Profitability
EPS (Most Recent Fiscal Year)$1.21
Net Income$128.50 million
Net Margins3.85%
Return on Equity9.85%
Return on Assets2.18%
Miscellaneous
Employees8,175
Outstanding Shares337,740,000
Market Cap$8,764.28
NiSource (NYSE:NI) Frequently Asked Questions
What is NiSource's stock symbol?
NiSource trades on the New York Stock Exchange (NYSE) under the ticker symbol "NI."
How often does NiSource pay dividends? What is the dividend yield for NiSource?
NiSource declared a quarterly dividend on Tuesday, May 8th. Investors of record on Tuesday, July 31st will be given a dividend of $0.195 per share on Monday, August 20th. This represents a $0.78 annualized dividend and a yield of 3.01%. The ex-dividend date is Monday, July 30th. View NiSource's Dividend History.
How were NiSource's earnings last quarter?
NiSource Inc. (NYSE:NI) announced its earnings results on Wednesday, May, 2nd. The utilities provider reported $0.77 EPS for the quarter, beating the consensus estimate of $0.76 by $0.01. The utilities provider had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.66 billion. NiSource had a return on equity of 9.85% and a net margin of 3.85%. During the same quarter in the previous year, the business earned $0.71 earnings per share. View NiSource's Earnings History.
When is NiSource's next earnings date?
What price target have analysts set for NI?
10 equities research analysts have issued 12 month price targets for NiSource's stock. Their forecasts range from $23.00 to $30.00. On average, they anticipate NiSource's stock price to reach $26.60 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Ratings for NiSource.
What is the consensus analysts' recommendation for NiSource?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of NiSource's key competitors?
Some companies that are related to NiSource include Public Service Enterprise Group (PEG), Consolidated Edison (ED), E.ON SE Sponsored ADR (Germany) (EONGY), PG&E (PCG), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), Westar Energy (WR), United Utilities Group (UUGRY), SCANA (SCG), ALLETE (ALE), Avista (AVA), NorthWestern (NWE) and Unitil (UTL).
Who are NiSource's key executives?
NiSource's management team includes the folowing people:
- Mr. Joseph J. Hamrock, Pres, CEO & Director (Age 54)
- Mr. Donald Eugene Brown, Exec. VP & CFO (Age 46)
- Ms. Carrie J. Hightman, Exec. VP & Chief Legal Officer (Age 61)
- Ms. Violet G. Sistovaris, Exec. VP & Pres of Northern Indiana Public Service Company (Age 56)
- Mr. Pablo A. Vegas, Exec. VP of Gas Bus. Segment & Chief Customer Officer (Age 45)
Has NiSource been receiving favorable news coverage?
Media stories about NI stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NiSource earned a media sentiment score of 0.09 on Accern's scale. They also assigned news stories about the utilities provider an impact score of 45.92 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are NiSource's major shareholders?
NiSource's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.36%), Bank of Montreal Can (0.15%), Retirement Systems of Alabama (0.09%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.07%), Calamos Advisors LLC (0.07%) and State of Alaska Department of Revenue (0.03%). Company insiders that own NiSource stock include Carrie J Hightman, Donald Eugene Brown, Eric L Butler, Jimmie L Stanley, Joseph W Mulpas, Michael E Jesanis, Michael J Finissi, Pablo Vegas, Peter T Disser, Teresa M Smith and Violet Sistovaris. View Institutional Ownership Trends for NiSource.
Which institutional investors are selling NiSource stock?
NI stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Hartford Investment Management Co., NN Investment Partners Holdings N.V., Miller Howard Investments Inc. NY and Lynch & Associates IN. Company insiders that have sold NiSource company stock in the last year include Michael J Finissi, Peter T Disser and Teresa M Smith. View Insider Buying and Selling for NiSource.
Which institutional investors are buying NiSource stock?
NI stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Fjarde AP Fonden Fourth Swedish National Pension Fund, Atria Investments LLC, Calamos Advisors LLC, Municipal Employees Retirement System of Michigan, Bank of Montreal Can, State of Alaska Department of Revenue and Park National Corp OH. Company insiders that have bought NiSource stock in the last two years include Eric L Butler, Michael E Jesanis and Pablo Vegas. View Insider Buying and Selling for NiSource.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is NiSource's stock price today?
One share of NI stock can currently be purchased for approximately $25.95.
How big of a company is NiSource?
NiSource has a market capitalization of $8.76 billion and generates $4.87 billion in revenue each year. The utilities provider earns $128.50 million in net income (profit) each year or $1.21 on an earnings per share basis. NiSource employs 8,175 workers across the globe.
How can I contact NiSource?
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]
MarketBeat Community Rating for NiSource (NYSE NI)
MarketBeat's community ratings are surveys of what our community members think about NiSource and other stocks. Vote "Outperform" if you believe NI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NI will underperform the S&P 500 over the long term. You may vote once every thirty days.
