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
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:NI
CUSIP65473P10
Phone877-647-5990
Debt
Debt-to-Equity Ratio1.74%
Current Ratio0.55%
Quick Ratio0.41%
Price-To-Earnings
Trailing P/E Ratio19.79
Forward P/E Ratio18.65
P/E Growth3.44
Sales & Book Value
Annual Sales$4.87 billion
Price / Sales1.67
Cash Flow$2.9128 per share
Price / Cash8.26
Book Value$12.83 per share
Price / Book1.88
Profitability
EPS (Most Recent Fiscal Year)$1.21
Net Income$128.50 million
Net Margins2.64%
Return on Equity8.90%
Return on Assets1.97%
Miscellaneous
Employees8,175
Outstanding Shares337,410,000
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 announced a quarterly dividend on Tuesday, March 27th. Shareholders of record on Monday, April 30th will be given a dividend of $0.195 per share on Friday, May 18th. This represents a $0.78 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Friday, April 27th. View NiSource's Dividend History.
How were NiSource's earnings last quarter?
NiSource (NYSE:NI) announced its quarterly earnings data on Tuesday, February, 20th. The utilities provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01. The utilities provider had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.35 billion. NiSource had a return on equity of 8.90% and a net margin of 2.64%. During the same quarter in the prior year, the company posted $0.33 EPS. View NiSource's Earnings History.
When is NiSource's next earnings date?
What guidance has NiSource issued on next quarter's earnings?
NiSource issued an update on its FY18 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of $1.26-1.32 for the period, compared to the Thomson Reuters consensus estimate of $1.29.
What price target have analysts set for NI?
13 Wall Street analysts have issued twelve-month 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 $26.50 in the next twelve months. View Analyst Ratings for NiSource.
Who are some of NiSource's key competitors?
Some companies that are related to NiSource include Public Service (PEG), Consolidated Edison (ED), PG&E (PCG), E.ON (EONGY), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), Westar Energy (WR), United Utilities (UUGRY), SCANA (SCG), Allete (ALE), Avista (AVA), NorthWestern (NWE) and Unitil (UTL).
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)
- Mr. Pablo A. Vegas, Exec. VP of Gas Bus. Segment & Chief Customer Officer (Age 45)
- Mr. Joseph W. Mulpas, VP & Chief Accounting Officer (Age 47)
Has NiSource been receiving favorable news coverage?
Headlines about NI stock have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NiSource earned a coverage optimism score of 0.11 on Accern's scale. They also gave media headlines about the utilities provider an impact score of 47.48 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are NiSource's major shareholders?
NiSource's stock is owned by many different of retail and institutional investors. Top institutional shareholders include
PRICE T ROWE ASSOCIATES INC
(11.70%). Company insiders that own NiSource stock include Carrie J Hightman, Donald Eugene Brown, Jimmie L Stanley, Joseph W Mulpas, Michael E Jesanis, Michael J Finissi, Pablo Vegas, Teresa M Smith and Violet Sistovaris. View Institutional Ownership Trends 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 $24.06.
How big of a company is NiSource?
NiSource has a market capitalization of $8.07 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.
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 (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.
NiSource (NYSE:NI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
13 Wall Street analysts have issued ratings and price targets for NiSource in the last 12 months. Their average twelve-month price target is $26.50, suggesting that the stock has a possible upside of 10.14%. The high price target for NI is $30.00 and the low price target for NI is $23.00. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.62 | 2.62 | 2.58 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
7 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $26.50 | $26.40 | $27.15 | $26.50 |
| Price Target Upside: | 10.14% upside | 12.87% upside | 12.45% upside | 0.97% downside |
NiSource (NYSE:NI) Consensus Price Target History
NiSource (NYSE:NI) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
NiSource (NYSE:NI) Dividend Information
NiSource pays an annual dividend of $0.78 per share, with a dividend yield of 3.24%. NI's next quarterly dividend payment will be made on Friday, May 18. NiSource pays out 64.46% of its earnings out as a dividend.
| Next Dividend: | 5/18/2018 |
| Annual Dividend: | $0.78 |
| Dividend Yield: | 3.24% |
| Dividend Growth: | -11.80% (3 Year Average) |
| Payout Ratio: | 64.46% (Trailing 12 Months of Earnings)
60.47% (Based on This Year's Estimates)
56.93% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
NiSource (NYSE:NI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/27/2018 | quarterly | $0.1950 | 3.27868852459016% | 4/27/2018 | 4/30/2018 | 5/18/2018 |
| 1/26/2018 | quarterly | $0.1950 | 3.26% | 2/8/2018 | 2/9/2018 | 2/20/2018 |
| 8/8/2017 | quarterly | $0.1750 | 2.65% | 10/30/2017 | 10/31/2017 | 11/20/2017 |
| 5/9/2017 | quarterly | $0.1750 | 2.9% | 7/27/2017 | 7/31/2017 | 8/18/2017 |
| 3/21/2017 | quarterly | $0.1750 | 2.94% | 4/26/2017 | 4/28/2017 | 5/19/2017 |
| 1/27/2017 | quarterly | $0.1750 | 3.21% | 2/8/2017 | 2/10/2017 | 2/17/2017 |
| 8/9/2016 | quarterly | $0.1650 | 2.64% | 10/27/2016 | 10/31/2016 | 11/18/2016 |
| 5/11/2016 | quarterly | $0.1650 | 2.75% | 7/27/2016 | 7/29/2016 | 8/19/2016 |
| 3/22/2016 | quarterly | $0.1550 | 2.69% | 4/27/2016 | 4/29/2016 | 5/20/2016 |
| 1/27/2016 | quarterly | $0.1550 | 2.99% | 2/4/2016 | 2/8/2016 | 2/19/2016 |
| 8/4/2015 | quarterly | $0.1550 | 3.68% | 10/28/2015 | 10/30/2015 | 11/20/2015 |
| 7/2/2015 | quarterly | $0.1550 | 3.68% | 7/29/2015 | 7/31/2015 | 8/20/2015 |
| 3/24/2015 | quarterly | $0.26 | 2.41% | 4/28/2015 | 4/30/2015 | 5/20/2015 |
| 1/30/2015 | quarterly | $0.26 | 2.37% | 2/5/2015 | 2/9/2015 | 2/20/2015 |
| 8/5/2014 | quarterly | $0.26 | 2.85% | 10/29/2014 | 10/31/2014 | 11/20/2014 |
| 5/13/2014 | quarterly | $0.26 | 2.87% | 7/29/2014 | 7/31/2014 | 8/20/2014 |
| 3/25/2014 | quarterly | $0.25 | 2.86% | 4/28/2014 | 4/30/2014 | 5/20/2014 |
| 1/29/2014 | quarterly | $0.25 | 2.92% | 2/6/2014 | 2/10/2014 | 2/20/2014 |
| 8/27/2013 | quarterly | $0.25 | 3.41% | 10/29/2013 | 10/31/2013 | 11/20/2013 |
| 5/14/2013 | quarterly | $0.25 | 3.37% | 7/29/2013 | 7/31/2013 | 8/20/2013 |
| 3/26/2013 | quarterly | $0.24 | 3.34% | 4/26/2013 | 4/30/2013 | 5/20/2013 |
| 1/25/2013 | quarterly | $0.24 | 3.59% | 1/31/2013 | 2/4/2013 | 2/20/2013 |
(Data available from 1/1/2013 forward)
NiSource (NYSE NI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.37%
Institutional Ownership Percentage: 86.98%
NiSource (NYSE NI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/3/2017 | Michael J Finissi | EVP | Sell | 900 | $27.37 | $24,633.00 | 50,050 |  |
| 8/14/2017 | Michael E Jesanis | Director | Buy | 2,000 | $26.44 | $52,880.00 | 34,195 | |
| 5/25/2017 | Donald Eugene Brown | CFO | Sell | 6,906 | $25.51 | $176,172.06 | 141,168 | |
| 5/23/2017 | Pablo Vegas | EVP | Sell | 7,200 | $25.12 | $180,864.00 | 94,885 | |
| 5/12/2017 | Violet Sistovaris | EVP | Sell | 38,550 | $24.25 | $934,837.50 | 185,186 | |
| 5/11/2017 | Jimmie L Stanley | COO | Sell | 37,325 | $24.11 | $899,905.75 | 315,471 | |
| 3/10/2017 | Carrie J Hightman | EVP | Sell | 24,000 | $23.28 | $558,720.00 | 409,199 | |
| 3/10/2017 | Joseph W Mulpas | VP | Sell | 13,000 | $23.28 | $302,640.00 | 37,889 | |
| 1/9/2017 | Michael E Jesanis | Director | Buy | 12,000 | $22.53 | $270,360.00 | 26,725 | |
| 11/16/2016 | Pablo Vegas | EVP | Buy | 21,541 | $21.75 | $468,516.75 | 71,397 | |
| 8/31/2016 | Teresa M Smith | VP | Sell | 1,200 | $23.75 | $28,500.00 | 37,883 | |
| 3/7/2016 | Carl W Levander | EVP | Sell | 6,000 | $22.39 | $134,340.00 | 83,610 | |
| 3/2/2016 | Robert Dale Campbell | EVP | Sell | 30,000 | $21.55 | $646,500.00 | 212,234 | |
| 6/12/2015 | Deborah S Parker | Director | Sell | 3,429 | $46.28 | $158,694.12 | | |
| 2/20/2015 | Marty R Kittrell | Director | Sell | 4,000 | $43.50 | $174,000.00 | | |
| 3/6/2014 | Jon Veurink | CAO | Sell | 7,176 | $34.71 | $249,078.96 | 32,883 | |
| 2/28/2014 | Robert Dale Campbell | VP | Sell | 7,000 | $35.03 | $245,210.00 | 108,688 | |
| 2/24/2014 | Carrie Hightman | EVP | Sell | 14,125 | $35.51 | $501,578.75 | 156,776 | |
| 2/20/2014 | Glen Kettering | CEO | Sell | 14,000 | $35.27 | $493,780.00 | 110,470 | |
| 9/3/2013 | Sigmund Cornelius | Director | Buy | 1,000 | $28.99 | $28,990.00 | 12,443 | |
| 8/23/2013 | Carrie Hightman | EVP | Buy | 12,299 | $29.30 | $360,360.70 | 160,298 | |
| 8/12/2013 | Jon Veurink | CAO | Sell | 6,097 | $30.65 | $186,873.05 | 36,903 | |
| 5/16/2013 | Marty R Kittrell | Director | Sell | 3,408 | $29.48 | $100,467.84 | | |
| 8/6/2012 | Glen L Kettering | SVP | Buy | 3,865 | $25.31 | $97,823.15 | | |
(Data available from 1/1/2013 forward)
NiSource (NYSE NI) News Headlines
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NiSource (NYSE:NI) SEC Filings
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NiSource (NYSE:NI) Income Statement, Balance Sheet and Cash Flow Statement
NiSource (NYSE NI) Stock Chart for Thursday, April, 26, 2018
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