NiSource Company Profile (NYSE:NI)

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

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.

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.

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

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.

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)

Some companies that are related to NiSource include Ameren Corporation (AEE), Avangrid (AGR), CMS Energy Corporation (CMS), CenterPoint Energy (CNP), Centrica PLC (CNA), MDU Resources Group (MDU), Black Hills Corporation (BKH), Avista Corporation (AVA), Pennon Group plc (PNN), Telecom plus PLC (TEP), Empire District Electric Co (EDE) and Wec Acquisition Corp (TEG).

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

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.

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.

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.

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.

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