NiSource - NI Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NI shares.
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6 analysts have issued 1-year price targets for NiSource's stock. Their NI share price forecasts range from $27.00 to $34.00. On average, they predict the company's stock price to reach $29.86 in the next twelve months. This suggests a possible upside of 11.5% 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 $27.42 at the beginning of the year. Since then, NI stock has decreased by 2.3% and is now trading at $26.78.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our NI earnings forecast.

NiSource Inc. (NYSE:NI) announced its quarterly earnings data on Monday, November, 7th. The utilities provider reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by $0.01. The utilities provider had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $996.60 million. NiSource had a net margin of 12.81% and a trailing twelve-month return on equity of 10.27%.

NiSource declared a quarterly dividend on Thursday, January 26th. Investors of record on Tuesday, February 7th will be paid a dividend of $0.25 per share on Friday, February 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date is Monday, February 6th. This is a boost from the stock's previous quarterly dividend of $0.24.
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 3.37%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. 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 60.65% 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 FY 2022 earnings guidance on Monday, November, 21st. The company provided earnings per share guidance of $1.44-$1.46 for the period, compared to the consensus estimate of $1.45. The company issued revenue guidance of -.

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 Newport Trust Co (1.68%), Assenagon Asset Management S.A. (0.99%), National Bank of Canada FI (0.99%), Maple Brown Abbott Ltd (0.55%), Sumitomo Mitsui Trust Holdings Inc. (0.42%) and Strs Ohio (0.39%). 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 $26.78.

NiSource (NYSE:NI) has a market capitalization of $10.88 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'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.