NiSource Company Profile (NYSE:NI)

About NiSource (NYSE:NI)

NiSource logoNiSource Inc. is an energy holding company. The Company is engaged in the distribution of natural gas. The Company operates through two business segments: Gas Distribution Operations and Electric Operations. The Company's Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts. As of December 31, 2016, the Company's Electric Operations segment provided electric services in 20 counties in the northern part of Indiana. The Company's electric operations segment generated, transmitted and distributed electricity through the Company's subsidiary NIPSCO to approximately 466,000 customers in 20 counties in the northern part of Indiana and engaged in wholesale and transmission transactions, as of December 31, 2016. NIPSCO owned and operated three coal-fired electric generating stations, as of December 31, 2016.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Multiline Utilities - NEC
  • Sub-Industry: Multi-Utilities
  • Symbol: NYSE:NI
  • CUSIP: 65473P10
  • Web:
  • Market Cap: $8.61 billion
  • Outstanding Shares: 323,446,000
Average Prices:
  • 50 Day Moving Avg: $25.77
  • 200 Day Moving Avg: $24.12
  • 52 Week Range: $21.17 - $26.56
  • Trailing P/E Ratio: 23.78
  • Foreward P/E Ratio: 21.21
  • P/E Growth: 2.95
Sales & Book Value:
  • Annual Revenue: $4.65 billion
  • Price / Sales: 1.84
  • Book Value: $12.92 per share
  • Price / Book: 2.05
  • Annual Dividend: $0.70
  • Dividend Yield: 2.7%
  • EBIDTA: $1.41 billion
  • Net Margins: 7.65%
  • Return on Equity: 9.18%
  • Return on Assets: 2.00%
  • Debt-to-Equity Ratio: 1.33%
  • Current Ratio: 0.40%
  • Quick Ratio: 0.33%
  • Average Volume: 2.45 million shs.
  • Beta: 0.37
  • Short Ratio: 2.6
Frequently Asked Questions for NiSource (NYSE:NI)

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, May 9th. Shareholders of record on Monday, July 31st will be paid a dividend of $0.175 per share on Friday, August 18th. This represents a $0.70 annualized dividend and a yield of 2.64%. The ex-dividend date of this dividend is Thursday, July 27th. View NiSource's Dividend History.

How were NiSource's earnings last quarter?

NiSource, Inc (NYSE:NI) announced its earnings results on Wednesday, May, 3rd. The company reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.65 by $0.06. The firm had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.51 billion. NiSource had a return on equity of 9.18% and a net margin of 7.65%. During the same period in the previous year, the firm posted $0.62 EPS. View NiSource's Earnings History.

Where is NiSource's stock going? Where will NiSource's stock price be in 2017?

12 brokerages have issued 12-month price objectives for NiSource's shares. Their predictions range from $23.00 to $27.00. On average, they expect NiSource's stock price to reach $25.50 in the next year. View Analyst Ratings for NiSource.

What are analysts saying about NiSource stock?

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)

Who are some of NiSource's key competitors?

Who are NiSource's key executives?

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

Who owns NiSource stock?

NiSource's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (0.62%), Reinhart Partners Inc. (0.26%), Bank of Montreal Can (0.14%), Forsta AP Fonden (0.09%), Chevy Chase Trust Holdings Inc. (0.09%) and PGGM Investments (0.08%). 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.

Who sold NiSource stock? Who is selling NiSource stock?

NiSource's stock was sold by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., First Citizens Bank & Trust Co., Meeder Asset Management Inc., NN Investment Partners Holdings N.V., US Bancorp DE, Park National Corp OH, Oregon Public Employees Retirement Fund and Exxonmobil Investment Management Inc. TX. 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, Teresa M Smith and Violet Sistovaris. View Insider Buying and Selling for NiSource.

Who bought NiSource stock? Who is buying NiSource stock?

NiSource's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Forsta AP Fonden, Mn Services Vermogensbeheer B.V., Aperio Group LLC, CENTRAL TRUST Co, Nisa Investment Advisors LLC, Creative Planning and Eqis Capital Management 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.

How do I buy NiSource stock?

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.

What is NiSource's stock price today?

One share of NiSource stock can currently be purchased for approximately $26.51.

MarketBeat Community Rating for NiSource (NYSE NI)
Community Ranking:  1.4 out of 5 ()
Outperform Votes:  93 (Vote Outperform)
Underperform Votes:  230 (Vote Underperform)
Total Votes:  323
MarketBeat's community ratings are surveys of what our community members think about NiSource and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for NiSource (NYSE:NI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $25.50 (3.81% downside)

Analysts' Ratings History for NiSource (NYSE:NI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/14/2017Jefferies Group LLCReiterated RatingHold$23.00LowView Rating Details
6/1/2017Barclays PLCReiterated RatingEqual Weight$25.00 -> $26.00LowView Rating Details
5/30/2017Zelman & AssociatesDowngradeBuy -> HoldLowView Rating Details
5/19/2017Ladenburg Thalmann Financial ServicesInitiated CoverageBuy -> Buy$27.00LowView Rating Details
1/9/2017GuggenheimUpgradeNeutral -> BuyN/AView Rating Details
12/15/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$23.00N/AView Rating Details
12/14/2016Citigroup Inc.UpgradeNeutral -> BuyN/AView Rating Details
11/30/2016US Capital AdvisorsUpgradeHold -> BuyN/AView Rating Details
11/2/2016Evercore ISIUpgradeSell -> HoldN/AView Rating Details
9/12/2016KeyCorpSet Price TargetBuy$27.00N/AView Rating Details
8/19/2016Credit Suisse GroupDowngradeNeutral -> Underperform$25.00N/AView Rating Details
8/3/2016J P Morgan Chase & CoReiterated RatingHold$26.00N/AView Rating Details
7/11/2016ArgusReiterated RatingHoldN/AView Rating Details
(Data available from 7/27/2015 forward)


Earnings History for NiSource (NYSE:NI)
Earnings by Quarter for NiSource (NYSE:NI)
Earnings History by Quarter for NiSource (NYSE NI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.65$0.71$1.51 billion$1.60 billionViewListenView Earnings Details
2/22/2017Q416$0.34$0.33$1.04 billion$1.30 billionViewListenView Earnings Details
11/1/2016Q316$0.07$0.06$862.60 million$861.30 millionViewN/AView Earnings Details
8/2/2016Q216$0.07$0.08$928.10 million$897.60 millionViewN/AView Earnings Details
5/3/2016Q116$0.59$0.60$1.78 billion$1.45 billionViewN/AView Earnings Details
2/18/2016Q415$0.30$0.31$788.70 million$788.50 millionViewListenView Earnings Details
11/3/2015Q315$0.02$0.06$881.14 million$821.10 millionViewN/AView Earnings Details
8/3/2015Q215$0.22$0.18$963.30 million$957.20 millionViewListenView Earnings Details
4/30/2015Q115$0.82$0.85$2.35 billion$1.32 billionViewN/AView Earnings Details
2/18/2015Q414$0.52$0.51$1.65 billion$1.13 billionViewN/AView Earnings Details
10/30/2014Q314$0.16$0.14$1.13 billion$1.14 billionViewN/AView Earnings Details
7/31/2014Q214$0.25$0.25$1.25 billion$963.30 millionViewListenView Earnings Details
4/30/2014Q114$0.79$0.82$1.93 billion$1.23 billionViewListenView Earnings Details
2/18/2014Q413$0.46$0.47$1.53 billion$1.05 billionViewListenView Earnings Details
10/31/2013Q313$0.17$0.18$1.07 billion$1.08 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.23$0.23$1.07 billion$1.20 billionViewListenView Earnings Details
4/30/2013Q1 2013$0.71$0.69$1.69 billion$1.78 billionViewListenView Earnings Details
2/19/2013Q4 2012$0.42$0.44$1.43 billion$1.40 billionViewListenView Earnings Details
11/2/2012Q312$0.05$0.05$1.04 billion$961.90 millionViewN/AView Earnings Details
7/31/2012$0.19$0.23ViewN/AView Earnings Details
5/1/2012$0.72$0.76ViewN/AView Earnings Details
2/1/2012$0.35$0.32ViewN/AView Earnings Details
10/28/2011$0.09$0.11ViewN/AView Earnings Details
8/2/2011$0.16$0.17ViewN/AView Earnings Details
5/3/2011$0.72$0.72ViewN/AView Earnings Details
2/1/2011$0.34$0.33ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for NiSource (NYSE:NI)
2017 EPS Consensus Estimate: $1.21
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.65$0.69$0.67
Q2 20171$0.12$0.12$0.12
Q3 20171$0.08$0.08$0.08
Q4 20171$0.34$0.34$0.34
(Data provided by Zacks Investment Research)


Current Dividend Information for NiSource (NYSE:NI)
Next Dividend:8/18/2017
Annual Dividend:$0.70
Dividend Yield:2.64%
Dividend Growth:-13.20% (3 Year Average)
Payout Ratio:64.22% (Trailing 12 Months of Earnings)
59.32% (Based on This Year's Estimates)
56.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for NiSource (NYSE:NI)

Dividend History by Quarter for NiSource (NYSE NI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NiSource (NYSE:NI)
Insider Ownership Percentage: 0.32%
Institutional Ownership Percentage: 82.34%
Insider Trades by Quarter for NiSource (NYSE:NI)
Institutional Ownership by Quarter for NiSource (NYSE:NI)
Insider Trades by Quarter for NiSource (NYSE:NI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/25/2017Donald Eugene BrownCFOSell6,906$25.51$176,172.06View SEC Filing  
5/23/2017Pablo VegasEVPSell7,200$25.12$180,864.00View SEC Filing  
5/12/2017Violet SistovarisEVPSell38,550$24.25$934,837.50View SEC Filing  
5/11/2017Jimmie L StanleyCOOSell37,325$24.11$899,905.75View SEC Filing  
3/10/2017Carrie J HightmanEVPSell24,000$23.28$558,720.00View SEC Filing  
3/10/2017Joseph W MulpasVPSell13,000$23.28$302,640.00View SEC Filing  
1/9/2017Michael E JesanisDirectorBuy12,000$22.53$270,360.00View SEC Filing  
11/16/2016Pablo VegasEVPBuy21,541$21.75$468,516.75View SEC Filing  
8/31/2016Teresa M SmithVPSell1,200$23.75$28,500.00View SEC Filing  
3/7/2016Carl W LevanderEVPSell6,000$22.39$134,340.00View SEC Filing  
3/2/2016Robert Dale CampbellEVPSell30,000$21.55$646,500.00View SEC Filing  
6/12/2015Deborah S ParkerDirectorSell3,429$46.28$158,694.12View SEC Filing  
2/20/2015Marty R KittrellDirectorSell4,000$43.50$174,000.00View SEC Filing  
3/6/2014Jon VeurinkCAOSell7,176$34.71$249,078.96View SEC Filing  
2/28/2014Robert Dale CampbellVPSell7,000$35.03$245,210.00View SEC Filing  
2/24/2014Carrie HightmanEVPSell14,125$35.51$501,578.75View SEC Filing  
2/20/2014Glen KetteringCEOSell14,000$35.27$493,780.00View SEC Filing  
9/3/2013Sigmund CorneliusDirectorBuy1,000$28.99$28,990.00View SEC Filing  
8/23/2013Carrie HightmanEVPBuy12,299$29.30$360,360.70View SEC Filing  
8/12/2013Jon VeurinkCAOSell6,097$30.65$186,873.05View SEC Filing  
5/16/2013Marty R KittrellDirectorSell3,408$29.48$100,467.84View SEC Filing  
8/6/2012Glen L KetteringSVPBuy3,865$25.31$97,823.15View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for NiSource (NYSE:NI)
Latest Headlines for NiSource (NYSE:NI)
DateHeadline logoCash Dividend On The Way From NiSource (NI) - July 26 at 4:44 AM logoSempra Energy (SRE) and NiSource (NI) Head-To-Head Analysis - July 25 at 2:36 PM logoETFs with exposure to NiSource, Inc. : July 24, 2017 - July 25 at 6:08 AM logoMRC Global (MRC) Wins New Contracts & Renews NiSource Deal - July 18 at 4:06 PM logoMRC Global Renews Integrated Supply Agreement with NiSource Inc. - PR Newswire (press release) - July 17 at 9:48 AM logoNiSource, Inc (NI) Receives "Hold" Rating from Jefferies Group LLC - July 15 at 3:34 PM logoEric L. Butler Joins NiSource Board of Directors - PR Newswire (press release) - July 15 at 6:53 AM logoEric L. Butler Joins NiSource Board of Directors - July 15 at 6:53 AM logoETFs with exposure to NiSource, Inc. : July 14, 2017 - July 15 at 6:53 AM logoZacks Investment Research Upgrades NiSource, Inc (NYSE:NI) to "Buy" - July 14 at 1:56 PM logoNiSource, Inc Expected to Earn FY2017 Earnings of $1.19 Per Share (NYSE:NI) - July 14 at 1:40 PM logoNiSource, Inc (NYSE:NI) Given Consensus Recommendation of "Hold" by Analysts - July 14 at 1:40 PM logoNiSource Schedules Earnings Release and Conference Call for Aug. 2 - PR Newswire (press release) - July 14 at 6:51 AM logoNiSource Schedules Earnings Release and Conference Call for Aug. 2 - July 13 at 7:22 AM logoNiSource, Inc. – Value Analysis (NYSE:NI) : July 10, 2017 - July 11 at 5:14 AM logoNiSource, Inc (NYSE:NI) Cut to "Hold" at Zacks Investment Research - July 10 at 12:20 PM logoNiSource, Inc. breached its 50 day moving average in a Bearish Manner : NI-US : July 7, 2017 - July 8 at 12:58 PM logo$934.95 Million in Sales Expected for NiSource, Inc (NI) This Quarter - July 7 at 12:46 PM logoNiSource, Inc (NYSE:NI) Expected to Post Earnings of $0.10 Per Share - July 5 at 4:24 PM logoNiSource (NI) versus Sempra Energy (SRE) Head-To-Head Analysis - June 28 at 2:42 PM logoInteresting NI Put And Call Options For August 18th - June 19 at 10:55 PM logoNiSource, Inc (NI) Receives Average Rating of "Hold" from Analysts - June 19 at 11:05 AM logoResearch Analysts Issue Forecasts for NiSource, Inc's FY2018 Earnings (NI) - June 16 at 10:58 AM logoWilliams Appoints Chad Zamarin as Senior Vice President of Corporate Strategic Development - June 14 at 10:47 PM logoNiSource, Inc (NI) Stock Rating Upgraded by Zacks Investment Research - June 13 at 4:40 PM logoColumbus CEOs join effort promoting diversity and inclusion in the workplace - June 12 at 4:11 PM logoNiSource, Inc (NI) Rating Lowered to Hold at Zacks Investment Research - June 12 at 12:32 PM logo$934.95 Million in Sales Expected for NiSource Inc. (NI) This Quarter - June 11 at 8:50 AM logoNiSource Announces Expiration and Final Results for its Cash Tender Offers - June 9 at 7:03 PM logo Analysts Expect NiSource Inc. (NI) Will Announce Earnings of $0.09 Per Share - June 9 at 4:26 PM logoNatural Gas Utility Stock May Be Laying Pipeline To New Breakout - June 6 at 7:34 PM logoWhy Is NiSource (NI) Up 8.1% Since the Last Earnings Report? - June 6 at 8:59 AM logoBreakout Watch: Dividend-Paying Natural Gas Stock Nears Buy Zone - June 1 at 7:38 PM logoNiSource's (NI) "Equal Weight" Rating Reaffirmed at Barclays PLC - June 1 at 7:28 PM logoTechnical Reports on Utilities Equities -- NiSource, Sempra Energy, UGI Corp., and Westar Energy - June 1 at 9:00 AM logoNiSource Inc. (NI) Rating Lowered to Hold at Zacks Investment Research - May 31 at 1:56 PM logoNI Crosses Above Average Analyst Target - May 31 at 10:24 AM logoNiSource Inc. (NI) Rating Lowered to Hold at Zelman & Associates - May 30 at 11:59 AM logoNiSource Announces Pricing for its Cash Tender Offers - PR Newswire (press release) - May 27 at 5:48 AM logoForm 4 NISOURCE INC/DE For: May 25 Filed by: Brown Donald Eugene - May 26 at 7:44 PM logoNiSource Inc. (NI) Upgraded at Zacks Investment Research - May 26 at 1:35 PM logoNiSource Inc. (NI) CFO Sells $176,172.06 in Stock - May 26 at 1:35 PM logoNiSource Inc. (NI) Stock Rating Lowered by US Capital Advisors - May 26 at 11:36 AM logoAmeren (AEE) Overvalued than Industry, Should You Sell? - May 26 at 4:50 AM logoNiSource Announces Early Tender Results for Tender Offer - May 26 at 4:50 AM logoNiSource Announces Pricing for its Cash Tender Offers - May 26 at 4:50 AM logoNiSource Inc. (NI) Cut to "Hold" at Zacks Investment Research - May 25 at 1:21 PM logoNiSource Issues $1 Billion of 10-Year Notes and $1 Billion of 30-Year Notes - PR Newswire (press release) - May 24 at 6:56 PM logoNiSource (NI) Issues Notes Worth $2B to Refinance Debts - May 24 at 6:56 PM logoNiSource Inc. (NI) EVP Sells $180,864.00 in Stock - May 24 at 1:22 PM



NiSource (NI) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by Staff