NYSE:NINiSource Stock Price, Forecast & News

NiSource's stock was trading at $27.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NI shares have decreased by 14.8% and is now trading at $23.09. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for NiSource.

NiSource is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for NiSource.

NiSource Inc. (NYSE:NI) released its quarterly earnings results on Wednesday, May, 6th. The utilities provider reported $0.76 earnings per share for the quarter, missing analysts' consensus estimates of $0.80 by $0.04. The utilities provider earned $1.61 billion during the quarter, compared to the consensus estimate of $1.95 billion. NiSource had a return on equity of 9.54% and a net margin of 4.85%. During the same quarter in the prior year, the firm posted $0.82 EPS. View NiSource's earnings history.

NiSource announced a quarterly dividend on Tuesday, May 19th. Stockholders of record on Friday, July 31st will be given a dividend of $0.21 per share on Thursday, August 20th. This represents a $0.84 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend is Thursday, July 30th. View NiSource's dividend history.

10 analysts have issued 1 year target prices for NiSource's shares. Their forecasts range from $24.00 to $32.00. On average, they expect NiSource's stock price to reach $28.70 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price. View analysts' price targets for NiSource.

Press coverage about NI stock has been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NiSource earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutNiSource.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other NiSource investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Kinder Morgan (KMI), Exxon Mobil (XOM), Walt Disney (DIS), Bank of America (BAC), Columbia Pipeline Partners (CPPL), Dominion Energy (D) and Duke Energy (DUK).

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

NiSource's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.88%), State Street Corp (5.36%), Deutsche Bank AG (3.38%), Zimmer Partners LP (1.73%), Invesco Ltd. (1.67%) and Mitsubishi UFJ Trust & Banking Corp (1.56%). Company insiders that own NiSource stock include Carrie J Hightman, Donald Eugene Brown, Joseph W Mulpas, Michael E Jesanis, Pablo Vegas and Violet Sistovaris. View institutional ownership trends for NiSource.

NI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Alliancebernstein L.P., Two Sigma Investments LP, Janus Henderson Group PLC, Squarepoint Ops LLC, Invesco Ltd., Deutsche Bank AG, and Mitsubishi UFJ Trust & Banking Corp. Company insiders that have sold NiSource company stock in the last year include Carrie J Hightman, Donald Eugene Brown, Joseph W Mulpas, Michael E Jesanis, and Violet Sistovaris. View insider buying and selling activity for NiSource.

NI stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Anchor Capital Advisors LLC, PGGM Investments, Vident Investment Advisory LLC, State Street Corp, AQR Capital Management LLC, and Teacher Retirement System of Texas. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of NI stock can currently be purchased for approximately $23.09.

NiSource has a market capitalization of $8.84 billion and generates $5.21 billion in revenue each year. The utilities provider earns $383.10 million in net income (profit) each year or $1.32 on an earnings per share basis. NiSource employs 8,363 workers across the globe.

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

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]