NiSource Company Profile (NYSE:NI)

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

NiSource declared a quarterly dividend on Tuesday, May 9th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.175 per share on Friday, August 18th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Thursday, July 27th. View NiSource's Dividend History.

NiSource, Inc (NYSE:NI) released its earnings results on Wednesday, May, 3rd. The company reported $0.71 earnings per share for the quarter, topping analysts' consensus estimates of $0.65 by $0.06. The company earned $1.60 billion during the quarter, compared to the consensus estimate of $1.51 billion. NiSource had a net margin of 7.65% and a return on equity of 9.18%. During the same period last year, the firm posted $0.62 earnings per share. View NiSource's Earnings History.

12 brokerages have issued 12 month price targets for NiSource's shares. Their forecasts range from $23.00 to $27.00. On average, they anticipate NiSource's share price to reach $25.50 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 returned better than the broader industry in the last six 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. Despite investing in upgrade programs, NiSource Inc. faces the risk of disruption in operation from its ageing infrastructure. Further, delays in completion of projects increase capital costs and stretch the time limit of NiSource’s expected benefit from these projects. Inconsistent weather conditions might deter NiSource’s growth." (7/14/2017)
• 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 Avangrid (AGR), Ameren Corporation (AEE), CMS Energy Corporation (CMS), CenterPoint Energy (CNP), Centrica PLC (CNA), MDU Resources Group (MDU), Black Hills Corporation (BKH), Pennon Group plc (PNN), Avista Corporation (AVA), 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 a variety of of institutional and retail investors. Top institutional shareholders include Reinhart Partners Inc. (0.26%), Bank of Montreal Can (0.14%), Forsta AP Fonden (0.09%), Chevy Chase Trust Holdings Inc. (0.09%), Aperio Group LLC (0.07%) and American National Insurance Co. TX (0.05%). 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 Reinhart Partners Inc., Meeder Asset Management Inc., NN Investment Partners Holdings N.V., US Bancorp DE, Park National Corp OH, Oregon Public Employees Retirement Fund, Exxonmobil Investment Management Inc. TX and Lynch & Associates IN. 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, Teresa M Smith and Violet Sistovaris. View Insider Buying and Selling for NiSource.

NiSource's stock was bought by a variety of institutional investors in the last quarter, including Forsta AP Fonden, Mn Services Vermogensbeheer B.V., Aperio Group LLC, CENTRAL TRUST Co, Nisa Investment Advisors LLC, Creative Planning, Eqis Capital Management Inc. and Xact Kapitalforvaltning AB. 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 $25.98.