NiSource - NI Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NI shares.
View NI analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued 12-month price objectives for NiSource's stock. Their NI share price forecasts range from $27.00 to $34.00. On average, they predict the company's share price to reach $29.43 in the next year. This suggests a possible upside of 8.1% from the stock's current price.
View analysts price targets for NI or view top-rated stocks among Wall Street analysts.

NiSource's stock was trading at $27.61 at the start of the year. Since then, NI shares have decreased by 1.4% and is now trading at $27.23.
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NiSource saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 13,980,000 shares, an increase of 23.8% from the October 31st total of 11,290,000 shares. Based on an average trading volume of 4,560,000 shares, the days-to-cover ratio is presently 3.1 days.
View NiSource's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our NI earnings forecast.

NiSource Inc. (NYSE:NI) posted its earnings results on Wednesday, November, 3rd. The utilities provider reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The utilities provider had revenue of $959.40 million for the quarter, compared to analysts' expectations of $965.08 million. NiSource had a trailing twelve-month return on equity of 10.27% and a net margin of 12.81%. During the same quarter in the prior year, the company posted $0.09 earnings per share.
Read the conference call transcript.

NiSource declared a quarterly dividend on Tuesday, August 9th. Stockholders of record on Monday, October 31st will be given a dividend of $0.235 per share on Friday, November 18th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend is Friday, October 28th.
Read our dividend analysis for NI.

NiSource (NYSE:NI) pays an annual dividend of $0.94 per share and currently has a dividend yield of 3.45%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 61.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NI will have a dividend payout ratio of 61.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NI.

NiSource issued an update on its FY 2022 earnings guidance on Monday, November, 21st. The company provided earnings per share (EPS) guidance of $1.44-$1.46 for the period, compared to the consensus EPS estimate of $1.45. The company issued revenue guidance of -.

62 employees have rated NiSource Chief Executive Officer Joseph Hamrock on Glassdoor.com. Joseph Hamrock has an approval rating of 65% among the company's employees.

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), Walt Disney (DIS), Procter & Gamble (PG), Duke Energy (DUK), Pfizer (PFE) and Southern (SO).

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

NiSource's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.86%), BlackRock Inc. (10.11%), State Street Corp (5.60%), Price T Rowe Associates Inc. MD (3.80%), Barclays PLC (1.67%) and Newport Trust Co (1.65%). Insiders that own company stock include Charles Edward Shafer II, Daniel A Creekmur, Donald Eugene Brown, Eric L Butler, Michael E Jesanis, Michael Hooper, Pablo Vegas and Shawn Anderson.
View institutional ownership trends.

Shares of NI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NI stock can currently be purchased for approximately $27.23.

NiSource (NYSE:NI) has a market capitalization of $11.06 billion and generates $4.90 billion in revenue each year. The utilities provider earns $584.90 million in net income (profit) each year or $1.54 on an earnings per share basis.

The company employs 7,342 workers across the globe.

NiSource's mailing address is 801 East 86th Avenue, Merrillville IN, 46410. The official website for the company is www.nisource.com. The utilities provider can be reached via phone at (877) 647-5990, via email at ndrew@nisource, or via fax at 219-647-6085.