NiSource Stock Forecast, Price & News

NiSource's stock was trading at $27.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NI shares have decreased by 9.4% and is now trading at $24.54.
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9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for NiSource or view MarketBeat's top 5 stock picks.

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NiSource is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for NiSource.

NiSource Inc. (NYSE:NI) issued its earnings results on Monday, November, 2nd. The utilities provider reported $0.09 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.06. The utilities provider earned $902.50 million during the quarter, compared to analysts' expectations of $1.02 billion. NiSource had a negative net margin of 4.96% and a positive return on equity of 11.63%.
View NiSource's earnings history.

NiSource announced a quarterly dividend on Tuesday, August 11th. Stockholders of record on Friday, October 30th will be given a dividend of $0.21 per share on Friday, November 20th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date is Thursday, October 29th.
View NiSource's dividend history.

NiSource updated its FY 2021 Pre-Market earnings guidance on Monday, November, 2nd. The company provided EPS guidance of 1.28-1.36 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.34.

9 Wall Street analysts have issued 1 year price objectives for NiSource's stock. Their forecasts range from $23.00 to $31.00. On average, they anticipate NiSource's share price to reach $26.89 in the next year. This suggests a possible upside of 9.6% from the stock's current price.
View analysts' price targets for NiSource.

NiSource saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 3,730,000 shares, a decrease of 26.0% from the October 31st total of 5,040,000 shares. Based on an average daily trading volume, of 3,300,000 shares, the days-to-cover ratio is presently 1.1 days.
View NiSource's Short Interest.

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), PG&E (PCG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), CenterPoint Energy (CNP), MDU Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA).
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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), The Walt Disney (DIS), The Procter & Gamble (PG), Duke Energy (DUK), Pfizer (PFE) and The Southern (SO).

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

NiSource's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.75%), State Street Corp (5.06%), Newport Trust Co (2.11%), Maple Brown Abbott Ltd (1.33%), MUFG Securities EMEA plc (1.11%) and Massachusetts Financial Services Co. MA (1.08%). Company insiders that own NiSource stock include Carrie J Hightman, Charles Edward Shafer II, Daniel A Creekmur, 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 Massachusetts Financial Services Co. MA, State Street Corp, Maple Brown Abbott Ltd, Teacher Retirement System of Texas, Newport Trust Co, UBS Asset Management Americas Inc., Voloridge Investment Management LLC, and Soros Fund Management LLC. Company insiders that have sold NiSource company stock in the last year include Charles Edward Shafer II, and Daniel A Creekmur.
View insider buying and selling activity for NiSource.

NI stock was bought by a variety of institutional investors in the last quarter, including MUFG Securities EMEA plc, BlackRock Inc., First Trust Advisors LP, The Manufacturers Life Insurance Company, JPMorgan Chase & Co., Squarepoint Ops LLC, Cubist Systematic Strategies LLC, and Bradley Foster & Sargent Inc. CT.
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 $24.54.

NiSource has a market capitalization of $9.40 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]