NiSource - NI Stock Forecast, Price & News

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

8 Wall Street research analysts have issued 1-year target prices for NiSource's stock. Their NI share price forecasts range from $29.00 to $35.00. On average, they anticipate the company's stock price to reach $32.29 in the next twelve months. This suggests a possible upside of 3.0% 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 beginning of the year. Since then, NI stock has increased by 13.6% and is now trading at $31.36.
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NiSource saw a decline in short interest in July. As of July 15th, there was short interest totaling 14,220,000 shares, a decline of 18.0% from the June 30th total of 17,340,000 shares. Based on an average trading volume of 4,550,000 shares, the short-interest ratio is presently 3.1 days.
View NiSource's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our NI earnings forecast.

NiSource Inc. (NYSE:NI) issued its quarterly earnings results on Wednesday, August, 3rd. The utilities provider reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.02. NiSource had a net margin of 13.07% and a trailing twelve-month return on equity of 10.57%. During the same period in the previous year, the business posted $0.13 earnings per share.
Read the conference call transcript.

NiSource announced 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 annualized dividend and a dividend yield of 3.00%. The ex-dividend date 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 3.02%. 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 FY22 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share guidance of $1.42-1.48 for the period, compared to the consensus estimate of $1.45.

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 many different retail and institutional investors. Top institutional investors include Deutsche Bank AG (4.32%), FMR LLC (2.41%), Newport Trust Co (1.68%), Franklin Resources Inc. (1.42%), Millennium Management LLC (1.29%) and Northern Trust Corp (0.96%). 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 $31.36.

NiSource (NYSE:NI) has a market capitalization of $12.73 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 was founded in 1912.

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.