NiSource Company Profile (NYSE:NI)

About NiSource (NYSE:NI)

NiSource logoNiSource Inc. is an energy holding company. The Company is engaged in the distribution of natural gas. The Company operates through two business segments: Gas Distribution Operations and Electric Operations. The Company's Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts. As of December 31, 2016, the Company's Electric Operations segment provided electric services in 20 counties in the northern part of Indiana. The Company's electric operations segment generated, transmitted and distributed electricity through the Company's subsidiary NIPSCO to approximately 466,000 customers in 20 counties in the northern part of Indiana and engaged in wholesale and transmission transactions, as of December 31, 2016. NIPSCO owned and operated three coal-fired electric generating stations, as of December 31, 2016.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Multiline Utilities
  • Sub-Industry: Multi-Utilities
  • Symbol: NYSE:NI
  • CUSIP: 65473P10
  • Web:
  • Market Cap: $8.69 billion
  • Outstanding Shares: 325,870,000
Average Prices:
  • 50 Day Moving Avg: $26.32
  • 200 Day Moving Avg: $25.68
  • 52 Week Range: $21.17 - $27.29
  • Trailing P/E Ratio: 30.93
  • Foreward P/E Ratio: 21.16
  • P/E Growth: 3.06
Sales & Book Value:
  • Annual Revenue: $4.75 billion
  • Price / Sales: 1.83
  • Book Value: $12.66 per share
  • Price / Book: 2.11
  • Annual Dividend: $0.70
  • Dividend Yield: 2.6%
  • EBITDA: $1.4 billion
  • Net Margins: 5.96%
  • Return on Equity: 9.17%
  • Return on Assets: 2.00%
  • Debt-to-Equity Ratio: 1.64%
  • Current Ratio: 0.46%
  • Quick Ratio: 0.32%
  • Average Volume: 2.00 million shs.
  • Beta: 0.36

Frequently Asked Questions for NiSource (NYSE:NI)

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 announced a quarterly dividend on Tuesday, August 8th. Stockholders of record on Tuesday, October 31st will be paid a dividend of $0.175 per share on Monday, November 20th. This represents a $0.70 annualized dividend and a dividend yield of 2.63%. The ex-dividend date of this dividend is Monday, October 30th. View NiSource's Dividend History.

How were NiSource's earnings last quarter?

NiSource, Inc (NYSE:NI) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.10 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.10. The firm had revenue of $990.70 million for the quarter, compared to the consensus estimate of $934.95 million. NiSource had a net margin of 5.96% and a return on equity of 9.17%. During the same quarter in the prior year, the firm posted $0.09 earnings per share. View NiSource's Earnings History.

When will NiSource make its next earnings announcement?

NiSource is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for NiSource.

Where is NiSource's stock going? Where will NiSource's stock price be in 2017?

13 analysts have issued 1 year target prices for NiSource's stock. Their predictions range from $23.00 to $30.00. On average, they expect NiSource's share price to reach $26.81 in the next twelve months. View Analyst Ratings for NiSource.

What are analysts saying about NiSource stock?

Here are some recent quotes from research analysts about NiSource stock:

  • 1. According to Zacks Investment Research, "Shares of NiSource have gained higher than the industry it belongs to in the last 12 months. NiSource is benefiting from continued execution of its infrastructure investment strategy.  NiSource will annually invest nearly $1.6–$1.8 billion in planned utility infrastructures from 2018 to 2020 and has identified long-term infrastructure investments worth $30 billion. The company is also working actively to reduce its carbon footprint by bringing down the coal usage. Despite investing in upgrade programs, NiSource Inc. faces the risk of disruption in operation from its ageing infrastructure. NiSource’s rising debt level amid increasing interest rates is another concern." (10/2/2017)
  • 2. UBS AG analysts commented, "NiSource will host an Analyst Day on Wednesday, March 8th. NI has continued to deliver consistently on its 4%-6% earnings and dividend growth targets that were presented before the spin-out of the Columbia gas pipeline assets in mid-2015. We expect there will be no change to the target growth range. We expect management to continue to plan to spend $1.4bn-$1.7bn annually on capex to improve the safety and reliability of both the gas and electric systems with $1.6bn-$1.7bn planned in 2017. We look for commentary on how management plans to fund the investment spending and anticipate that NI could issue equity in 2017 to maintain leverage in the mid-4x range." (3/7/2017)

Who are some of NiSource's key competitors?

Who are NiSource's key executives?

NiSource's management team includes the folowing people:

  • Richard L. Thompson, Independent Chairman of the Board
  • Joseph Hamrock, President, Chief Executive Officer, Director
  • Donald Eugene Brown, Chief Financial Officer, Executive Vice President
  • Mike Finissi, Executive Vice President - Safety, Capital Execution and Technical Services
  • Carrie J. Hightman, Chief Legal Officer, Executive Vice President
  • Carl W. Levander, Executive Vice President - Regulatory Policy and Corporate Affairs
  • Violet G. Sistovaris, Executive Vice President; President of NIPSCO
  • Pablo W. Vegas, Executive Vice President - Gas Segment , Chief Customer Officer
  • Joseph W. Mulpas, Chief Accounting Officer, Vice President
  • Suzanne K. Surface, Vice President - Audit

Who owns NiSource stock?

NiSource's stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (0.03%), State Treasurer State of Michigan (0.03%), Park National Corp OH (0.03%), Hermes Investment Management Ltd. (0.02%), Wealth Enhancement Advisory Services LLC (0.02%) and Shell Asset Management Co. (0.01%). Company insiders that own NiSource stock include Carl W Levander, Carrie J Hightman, Donald Eugene Brown, Jimmie L Stanley, Joseph W Mulpas, Michael E Jesanis, Pablo Vegas, Robert Dale Campbell, Teresa M Smith and Violet Sistovaris. View Institutional Ownership Trends for NiSource.

Who sold NiSource stock? Who is selling NiSource stock?

NiSource's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Robeco Institutional Asset Management B.V., State Treasurer State of Michigan and Park National Corp OH. Company insiders that have sold NiSource stock in the last year include Carrie J Hightman, Donald Eugene Brown, Jimmie L Stanley, Joseph W Mulpas, Pablo Vegas and Violet Sistovaris. View Insider Buying and Selling for NiSource.

Who bought NiSource stock? Who is buying NiSource stock?

NiSource's stock was purchased by a variety of institutional investors in the last quarter, including Wealth Enhancement Advisory Services LLC, Shell Asset Management Co., Quantitative Systematic Strategies LLC and Hermes Investment Management Ltd.. Company insiders that have bought NiSource stock in the last two years include Michael E Jesanis and Pablo Vegas. View Insider Buying and Selling for NiSource.

How do I buy NiSource stock?

Shares of NiSource can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is NiSource's stock price today?

One share of NiSource stock can currently be purchased for approximately $26.66.

MarketBeat Community Rating for NiSource (NYSE NI)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  132 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  389
MarketBeat's community ratings are surveys of what our community members think about NiSource and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for NiSource (NYSE:NI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $26.81 (0.57% upside)
Consensus Price Target History for NiSource (NYSE:NI)
Price Target History for NiSource (NYSE:NI)
Analysts' Ratings History for NiSource (NYSE:NI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017KeyCorpReiterated RatingBuy$29.50N/AView Rating Details
10/12/2017J P Morgan Chase & CoBoost Price TargetNeutral$25.00 -> $27.00N/AView Rating Details
8/14/2017Credit Suisse GroupUpgradeUnderperform -> Outperform$25.00 -> $29.00MediumView Rating Details
8/9/2017Wells Fargo & CompanyInitiated CoverageOutperform$30.00LowView Rating Details
7/14/2017Jefferies Group LLCReiterated RatingHold$23.00LowView Rating Details
6/1/2017Barclays PLCReiterated RatingEqual Weight$25.00 -> $26.00LowView Rating Details
5/30/2017Zelman & AssociatesDowngradeBuy -> HoldLowView Rating Details
5/19/2017Ladenburg Thalmann Financial ServicesInitiated CoverageBuy -> Buy$27.00LowView Rating Details
1/9/2017GuggenheimUpgradeNeutral -> BuyN/AView Rating Details
12/15/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$23.00N/AView Rating Details
12/14/2016Citigroup Inc.UpgradeNeutral -> BuyN/AView Rating Details
11/30/2016US Capital AdvisorsUpgradeHold -> BuyN/AView Rating Details
11/2/2016Evercore ISIUpgradeSell -> HoldN/AView Rating Details
7/11/2016ArgusReiterated RatingHoldN/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for NiSource (NYSE:NI)
Earnings by Quarter for NiSource (NYSE:NI)
Earnings History by Quarter for NiSource (NYSE NI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.07N/AView Earnings Details
8/2/2017Q2 2017$0.10$0.10$934.95 million$990.70 millionViewListenView Earnings Details
5/3/2017Q1 2017$0.65$0.71$1.51 billion$1.60 billionViewListenView Earnings Details
2/22/2017Q416$0.34$0.33$1.04 billion$1.30 billionViewListenView Earnings Details
11/1/2016Q316$0.07$0.06$862.60 million$861.30 millionViewN/AView Earnings Details
8/2/2016Q216$0.07$0.08$928.10 million$897.60 millionViewN/AView Earnings Details
5/3/2016Q116$0.59$0.60$1.78 billion$1.45 billionViewN/AView Earnings Details
2/18/2016Q415$0.30$0.31$788.70 million$788.50 millionViewListenView Earnings Details
11/3/2015Q315$0.02$0.06$881.14 million$821.10 millionViewN/AView Earnings Details
8/3/2015Q215$0.22$0.18$963.30 million$957.20 millionViewListenView Earnings Details
4/30/2015Q115$0.82$0.85$2.35 billion$1.32 billionViewN/AView Earnings Details
2/18/2015Q414$0.52$0.51$1.65 billion$1.13 billionViewN/AView Earnings Details
10/30/2014Q314$0.16$0.14$1.13 billion$1.14 billionViewN/AView Earnings Details
7/31/2014Q214$0.25$0.25$1.25 billion$963.30 millionViewListenView Earnings Details
4/30/2014Q114$0.79$0.82$1.93 billion$1.23 billionViewListenView Earnings Details
2/18/2014Q413$0.46$0.47$1.53 billion$1.05 billionViewListenView Earnings Details
10/31/2013Q313$0.17$0.18$1.07 billion$1.08 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.23$0.23$1.07 billion$1.20 billionViewListenView Earnings Details
4/30/2013Q1 2013$0.71$0.69$1.69 billion$1.78 billionViewListenView Earnings Details
2/19/2013Q4 2012$0.42$0.44$1.43 billion$1.40 billionViewListenView Earnings Details
11/2/2012Q312$0.05$0.05$1.04 billion$961.90 millionViewN/AView Earnings Details
7/31/2012$0.19$0.23ViewN/AView Earnings Details
5/1/2012$0.72$0.76ViewN/AView Earnings Details
2/1/2012$0.35$0.32ViewN/AView Earnings Details
10/28/2011$0.09$0.11ViewN/AView Earnings Details
8/2/2011$0.16$0.17ViewN/AView Earnings Details
5/3/2011$0.72$0.72ViewN/AView Earnings Details
2/1/2011$0.34$0.33ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for NiSource (NYSE:NI)
2017 EPS Consensus Estimate: $1.21
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.65$0.69$0.67
Q2 20171$0.12$0.12$0.12
Q3 20171$0.08$0.08$0.08
Q4 20171$0.34$0.34$0.34
(Data provided by Zacks Investment Research)


Current Dividend Information for NiSource (NYSE:NI)
Next Dividend:11/20/2017
Annual Dividend:$0.70
Dividend Yield:2.63%
Dividend Growth:-13.20% (3 Year Average)
Payout Ratio:81.40% (Trailing 12 Months of Earnings)
58.82% (Based on This Year's Estimates)
55.56% (Based on Next Year's Estimates)
Dividend Payments by Quarter for NiSource (NYSE:NI)

Dividend History by Quarter for NiSource (NYSE NI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NiSource (NYSE:NI)
Insider Ownership Percentage: 0.35%
Institutional Ownership Percentage: 81.94%
Insider Trades by Quarter for NiSource (NYSE:NI)
Institutional Ownership by Quarter for NiSource (NYSE:NI)
Insider Trades by Quarter for NiSource (NYSE:NI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017Michael E JesanisDirectorBuy2,000$26.44$52,880.00View SEC Filing  
5/25/2017Donald Eugene BrownCFOSell6,906$25.51$176,172.06View SEC Filing  
5/23/2017Pablo VegasEVPSell7,200$25.12$180,864.00View SEC Filing  
5/12/2017Violet SistovarisEVPSell38,550$24.25$934,837.50View SEC Filing  
5/11/2017Jimmie L StanleyCOOSell37,325$24.11$899,905.75View SEC Filing  
3/10/2017Carrie J HightmanEVPSell24,000$23.28$558,720.00View SEC Filing  
3/10/2017Joseph W MulpasVPSell13,000$23.28$302,640.00View SEC Filing  
1/9/2017Michael E JesanisDirectorBuy12,000$22.53$270,360.00View SEC Filing  
11/16/2016Pablo VegasEVPBuy21,541$21.75$468,516.75View SEC Filing  
8/31/2016Teresa M SmithVPSell1,200$23.75$28,500.00View SEC Filing  
3/7/2016Carl W LevanderEVPSell6,000$22.39$134,340.00View SEC Filing  
3/2/2016Robert Dale CampbellEVPSell30,000$21.55$646,500.00View SEC Filing  
6/12/2015Deborah S ParkerDirectorSell3,429$46.28$158,694.12View SEC Filing  
2/20/2015Marty R KittrellDirectorSell4,000$43.50$174,000.00View SEC Filing  
3/6/2014Jon VeurinkCAOSell7,176$34.71$249,078.96View SEC Filing  
2/28/2014Robert Dale CampbellVPSell7,000$35.03$245,210.00View SEC Filing  
2/24/2014Carrie HightmanEVPSell14,125$35.51$501,578.75View SEC Filing  
2/20/2014Glen KetteringCEOSell14,000$35.27$493,780.00View SEC Filing  
9/3/2013Sigmund CorneliusDirectorBuy1,000$28.99$28,990.00View SEC Filing  
8/23/2013Carrie HightmanEVPBuy12,299$29.30$360,360.70View SEC Filing  
8/12/2013Jon VeurinkCAOSell6,097$30.65$186,873.05View SEC Filing  
5/16/2013Marty R KittrellDirectorSell3,408$29.48$100,467.84View SEC Filing  
8/6/2012Glen L KetteringSVPBuy3,865$25.31$97,823.15View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for NiSource (NYSE:NI)
Latest Headlines for NiSource (NYSE:NI)
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NiSource (NI) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by Staff

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