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
Current SymbolNYSE:NI
Previous Symbol
CUSIP65473P10
Phone877-647-5990
Debt
Debt-to-Equity Ratio1.52
Current Ratio0.40
Quick Ratio0.26
Price-To-Earnings
Trailing P/E Ratio22.83
Forward P/E Ratio21.41
P/E Growth3.9
Sales & Book Value
Annual Sales$4.87 billion
Price / Sales2.09
Cash Flow$2.9074 per share
Price / Cash Flow9.50
Book Value$12.83 per share
Price / Book2.15
Profitability
EPS (Most Recent Fiscal Year)$1.21
Net Income$128.50 million
Net Margins-1.82%
Return on Equity9.30%
Return on Assets2.13%
Miscellaneous
Employees8,175
Outstanding Shares369,740,000
Market Cap$10.17 billion
OptionableOptionable
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, August 7th. Stockholders of record on Wednesday, October 31st will be paid a dividend of $0.195 per share on Tuesday, November 20th. This represents a $0.78 annualized dividend and a dividend yield of 2.82%. The ex-dividend date is Tuesday, October 30th. View NiSource's Dividend History.
How were NiSource's earnings last quarter?
NiSource Inc. (NYSE:NI) announced its quarterly earnings results on Thursday, November, 1st. The utilities provider reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.04. The utilities provider earned $895 million during the quarter, compared to analyst estimates of $946.10 million. NiSource had a positive return on equity of 9.30% and a negative net margin of 1.82%. During the same quarter last year, the company posted $0.07 earnings per share. View NiSource's Earnings History.
When is NiSource's next earnings date?
What guidance has NiSource issued on next quarter's earnings?
NiSource updated its FY18 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of $1.26-$1.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.27.
What price target have analysts set for NI?
13 brokerages have issued 12 month price targets for NiSource's shares. Their forecasts range from $26.00 to $29.00. On average, they expect NiSource's share price to reach $27.40 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for NiSource.
What is the consensus analysts' recommendation for NiSource?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NiSource.
Has NiSource been receiving favorable news coverage?
News articles about NI stock have been trending positive on Friday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. NiSource earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the next several days.
Are investors shorting NiSource?
NiSource saw a decline in short interest in November. As of November 15th, there was short interest totalling 16,052,060 shares, a decline of 17.4% from the October 31st total of 19,430,806 shares. Based on an average trading volume of 4,273,413 shares, the days-to-cover ratio is currently 3.8 days. Approximately 4.4% of the shares of the company are short sold. View NiSource's Current Options Chain.
Who are some of NiSource's key competitors?
Some companies that are related to NiSource include Public Service Enterprise Group (PEG), Consolidated Edison (ED), WEC Energy Group (WEC), E.ON SE Sponsored ADR (Germany) (EONGY), Ameren (AEE), CMS Energy (CMS), PG&E (PCG), Alliant Energy (LNT), SCANA (SCG), United Utilities Group (UUGRY), ALLETE (ALE), NorthWestern (NWE), Avista (AVA), Unitil (UTL) and Spark Energy (SPKE).
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 & Chief Restoration Officer (Age 45)
Who are NiSource's major shareholders?
NiSource's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.79%), Vanguard Group Inc (10.79%), BlackRock Inc. (8.63%), Zimmer Partners LP (3.74%), JPMorgan Chase & Co. (3.54%) and Alliancebernstein L.P. (2.64%). 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 major investors are selling NiSource stock?
NI stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Commonwealth Bank of Australia, Jennison Associates LLC, Capital Research Global Investors, TIAA CREF Investment Management LLC, Pictet Asset Management Ltd., Massachusetts Financial Services Co. MA and Renaissance Technologies LLC. Company insiders that have sold NiSource company stock in the last year include Carrie J Hightman, Donald Eugene Brown, Peter T Disser and Teresa M Smith. View Insider Buying and Selling for NiSource.
Which major investors are buying NiSource stock?
NI stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Brookfield Asset Management Inc., Vanguard Group Inc, Vanguard Group Inc., BlackRock Inc., FMR LLC, Alliancebernstein L.P. and State of New Jersey Common Pension Fund D. 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 $27.62.
How big of a company is NiSource?
NiSource has a market capitalization of $10.17 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.
What is NiSource's official website?
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.
