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, August 8th. Investors of record on Tuesday, October 31st will be given a dividend of $0.175 per share on Monday, November 20th. This represents a $0.70 annualized dividend and a yield of 2.65%. The ex-dividend date of this dividend is Monday, October 30th. View NiSource's Dividend History.

NiSource, Inc (NYSE:NI) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.10 EPS for the quarter, meeting the Zacks' consensus estimate of $0.10. The company earned $990.70 million during the quarter, compared to analyst estimates of $934.95 million. NiSource had a net margin of 5.96% and a return on equity of 9.17%. During the same period in the prior year, the firm earned $0.09 earnings per share. View NiSource's Earnings History.

NiSource is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for NiSource.

12 equities research analysts have issued 1 year target prices for NiSource's stock. Their forecasts range from $23.00 to $30.00. On average, they anticipate NiSource's stock price to reach $26.79 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), Avista Corporation (AVA), Pennon Group plc (PNN), 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 number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.41%), BlackRock Inc. (7.20%), State Street Corp (4.84%), Alliancebernstein L.P. (3.32%), Neuberger Berman Group LLC (1.14%) and Jennison Associates LLC (1.14%). 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 Prudential Financial Inc., Goldman Sachs Group Inc., Renaissance Technologies LLC, First Trust Advisors LP, State Street Corp, SG Americas Securities LLC, Royal Bank of Canada and Monarch Partners Asset Management LLC. 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 and Violet Sistovaris. View Insider Buying and Selling for NiSource.

NiSource's stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Lord Abbett & CO. LLC, Ameriprise Financial Inc., Neuberger Berman Group LLC, Schroder Investment Management Group, Maple Brown Abbott Ltd, Pioneer Investment Management Inc. and Vanguard Group Inc.. 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 $26.40.