NiSource Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NiSource stock.
View analyst ratings for NiSource or view top-rated stocks.

Wall Street analysts have given NiSource a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but NiSource wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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NiSource is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for NiSource.

NiSource Inc. (NYSE:NI) posted its earnings results on Wednesday, May, 5th. The utilities provider reported $0.77 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.77. The utilities provider earned $1.55 billion during the quarter, compared to analysts' expectations of $1.87 billion. NiSource had a net margin of 4.38% and a trailing twelve-month return on equity of 11.30%. During the same period in the prior year, the business posted $0.76 EPS.
View NiSource's earnings history.

NiSource's stock was trading at $27.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NI shares have decreased by 8.3% and is now trading at $24.86.
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NiSource announced a quarterly dividend on Tuesday, May 25th. Investors of record on Friday, July 30th will be paid a dividend of $0.22 per share on Friday, August 20th. This represents a $0.88 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date is Thursday, July 29th.
View NiSource's dividend history.

NiSource pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.50%. NiSource does not yet have a strong track record of dividend growth. The dividend payout ratio of NiSource is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NiSource will have a dividend payout ratio of 62.41% next year. This indicates that NiSource will be able to sustain or increase its dividend.
View NiSource's dividend history.

NiSource issued an update on its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share guidance of 1.320-1.360 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.330. The company issued revenue guidance of -.

8 brokers have issued twelve-month price targets for NiSource's shares. Their forecasts range from $23.00 to $30.00. On average, they expect NiSource's share price to reach $26.25 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price.
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62 employees have rated NiSource CEO Joseph Hamrock on Glassdoor.com. Joseph Hamrock has an approval rating of 65% among NiSource's employees.

Some companies that are related to NiSource include Dominion Energy (D), Sempra Energy (SRE), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), DTE Energy (DTE), Consolidated Edison (ED), Ameren (AEE), PG&E (PCG), CMS Energy (CMS), CenterPoint Energy (CNP), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA).
View all of NI's competitors.

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), The Walt Disney (DIS), The Procter & Gamble (PG), Duke Energy (DUK), Pfizer (PFE) and The 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 investors include Price T Rowe Associates Inc. MD (16.14%), BlackRock Inc. (11.46%), Newport Trust Co (1.85%), Maple Brown Abbott Ltd (1.75%), Brookfield Asset Management Inc. (1.70%) and Geode Capital Management LLC (1.69%). Company insiders that own NiSource stock include Carrie J Hightman, Charles Edward Shafer II, Daniel A Creekmur, Donald Eugene Brown, Eric L Butler, Joseph W Mulpas, Michael E Jesanis, Michael Hooper, Pablo Vegas, Shawn Anderson and Violet Sistovaris.
View institutional ownership trends for NiSource.

NI stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Barclays PLC, Morgan Stanley, D. E. Shaw & Co. Inc., Retirement Systems of Alabama, Mitsubishi UFJ Trust & Banking Corp, Brookfield Asset Management Inc., and Reaves W H & Co. Inc.. Company insiders that have sold NiSource company stock in the last year include Charles Edward Shafer II, Daniel A Creekmur, Michael E Jesanis, Michael Hooper, Pablo Vegas, and Shawn Anderson.
View insider buying and selling activity for NiSource or view top insider-selling stocks.

NI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Price T Rowe Associates Inc. MD, Thompson Siegel & Walmsley LLC, Maple Brown Abbott Ltd, Millennium Management LLC, Goldman Sachs Group Inc., Apollo Management Holdings L.P., and Wedge Capital Management L L P NC.
View insider buying and selling activity for NiSource or or view top insider-buying stocks.

Shares of NI 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 $24.86.

NiSource has a market capitalization of $9.75 billion and generates $4.68 billion in revenue each year. The utilities provider earns $-17,600,000.00 in net income (profit) each year or $1.32 on an earnings per share basis.

NiSource employs 7,389 workers across the globe.

NiSource was founded in 1912.

The official website for NiSource is www.nisource.com.

NiSource is headquartered at 801 East 86th Avenue, Merrillville IN, 46410.

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]