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
Stock Exchange NYSE
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:NI
CUSIP65473P10
Phone877-647-5990
Debt
Debt-to-Equity Ratio1.40
Current Ratio0.51
Quick Ratio0.38
Price-To-Earnings
Trailing P/E Ratio21.42
Forward P/E Ratio20.09
P/E Growth3.49
Sales & Book Value
Annual Sales$4.87 billion
Price / Sales1.93
Cash Flow$3.0280 per share
Price / Cash8.56
Book Value$12.83 per share
Price / Book2.02
Profitability
EPS (Most Recent Fiscal Year)$1.21
Net Income$128.50 million
Net Margins5.20%
Return on Equity9.19%
Return on Assets2.11%
Miscellaneous
Employees8,175
Outstanding Shares363,040,000
Market Cap$9.00 billion
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, August 7th. Investors of record on Wednesday, October 31st will be paid a dividend of $0.195 per share on Tuesday, November 20th. This represents a $0.78 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Tuesday, October 30th. View NiSource's Dividend History.
How were NiSource's earnings last quarter?
NiSource Inc. (NYSE:NI) announced its quarterly earnings data on Wednesday, August, 1st. The utilities provider reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.02. The utilities provider earned $1.01 billion during the quarter, compared to the consensus estimate of $999.39 million. NiSource had a return on equity of 9.19% and a net margin of 5.20%. During the same period last year, the company earned $0.10 earnings per share. 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 Wednesday, August, 1st. The company provided earnings per share guidance of $1.26-1.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.28.
What price target have analysts set for NI?
11 Wall Street analysts have issued 12-month price objectives for NiSource's shares. Their forecasts range from $23.00 to $28.00. On average, they expect NiSource's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for NiSource.
What is the consensus analysts' recommendation for NiSource?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NiSource.
Who are some of NiSource's key competitors?
Some companies that are related to NiSource include Public Service Enterprise Group (PEG), Consolidated Edison (ED), PG&E (PCG), WEC Energy Group (WEC), E.ON SE Sponsored ADR (Germany) (EONGY), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), Westar Energy (WR), United Utilities Group (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)
- Ms. Violet G. Sistovaris, Exec. VP & Pres of Northern Indiana Public Service Company (Age 56)
- Mr. Pablo A. Vegas, Exec. VP of Gas Bus. Segment & Chief Customer Officer (Age 45)
Has NiSource been receiving favorable news coverage?
Media headlines about NI stock have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog 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 daily sentiment score of 0.18 on Accern's scale. They also assigned media stories about the utilities provider an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for NiSource.
Who are NiSource's major shareholders?
NiSource's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.26%), Commonwealth Bank of Australia (1.24%), Massachusetts Financial Services Co. MA (1.28%), Northern Trust Corp (1.12%), Bank of New York Mellon Corp (0.94%) and Bank of New York Mellon Corp (0.94%). Company insiders that own NiSource stock include Carrie J Hightman, Donald Eugene Brown, Eric L Butler, Jimmie L Stanley, Joseph W Mulpas, Michael E Jesanis, Michael J Finissi, Pablo Vegas, Peter T Disser, Teresa M Smith and Violet Sistovaris. View Institutional Ownership Trends for NiSource.
Which major investors are selling NiSource stock?
NI stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Luminus Management LLC, Aristotle Capital Boston LLC, First Trust Advisors LP, Maple Brown Abbott Ltd, Russell Investments Group Ltd., Federated Investors Inc. PA and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. Company insiders that have sold NiSource company stock in the last year include Carrie J Hightman, Donald Eugene Brown, Michael J Finissi, Peter T Disser and Teresa M Smith. View Insider Buying and Selling for NiSource.
Which major investors are buying NiSource stock?
NI stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Millennium Management LLC, Commonwealth Bank of Australia, Legal & General Group Plc, BNP Paribas Arbitrage SA, California Public Employees Retirement System, Retirement Systems of Alabama and Fjarde AP Fonden Fourth Swedish National Pension Fund. Company insiders that have bought NiSource stock in the last two years include Eric L Butler, Michael E Jesanis and Pablo Vegas. View Insider Buying and Selling 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 $25.92.
How big of a company is NiSource?
NiSource has a market capitalization of $9.00 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 (NYSE 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.
