NiSource Stock Forecast, Price & News

NiSource's stock was trading at $27.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NI stock has decreased by 15.4% and is now trading at $22.93.
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9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NiSource stock.
View analyst ratings for NiSource or view MarketBeat's top 5 stock picks.

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NiSource is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for NiSource.

NiSource Inc. (NYSE:NI) released its earnings results on Monday, November, 2nd. The utilities provider reported $0.09 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.06. The utilities provider had revenue of $902.50 million for the quarter, compared to the consensus estimate of $1.02 billion. NiSource had a negative net margin of 4.96% and a positive return on equity of 11.63%.
View NiSource's earnings history.

NiSource announced a quarterly dividend on Tuesday, August 11th. Shareholders of record on Friday, October 30th will be given a dividend of $0.21 per share on Friday, November 20th. This represents a $0.84 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Thursday, October 29th.
View NiSource's dividend history.

NiSource pays an annual dividend of $0.84 per share and currently has a dividend yield of 3.82%. The dividend payout ratio of NiSource is 63.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NiSource will have a dividend payout ratio of 63.16% next year. This indicates that NiSource will be able to sustain or increase its dividend.
View NiSource's dividend history.

NiSource updated its FY 2021 Pre-Market earnings guidance on Monday, November, 2nd. The company provided EPS guidance of 1.28-1.36 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.34.

9 analysts have issued 12-month price targets for NiSource's shares. Their forecasts range from $23.00 to $31.00. On average, they anticipate NiSource's stock price to reach $26.89 in the next year. This suggests a possible upside of 17.3% from the stock's current price.
View analysts' price targets for NiSource or view Wall Street analyst' top-rated stocks.

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

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), The Walt Disney (DIS), The Procter & Gamble (PG), Duke Energy (DUK), Pfizer (PFE) and The Southern (SO).

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 State of Alaska Department of Revenue (0.06%), Redpoint Investment Management Pty Ltd (0.05%), IFM Investors Pty Ltd (0.01%), Louisiana State Employees Retirement System (0.01%), First Midwest Bank Trust Division (0.01%) and Rowland Carmichael Advisors Inc. ADV (0.00%). Company insiders that own NiSource stock include Carrie J Hightman, Charles Edward Shafer II, Daniel A Creekmur, Donald Eugene Brown, Joseph W Mulpas, Michael E Jesanis, Shawn Anderson and Violet Sistovaris.
View institutional ownership trends for NiSource.

NI stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Redpoint Investment Management Pty Ltd, First Midwest Bank Trust Division, and Rowland Carmichael Advisors Inc. ADV. Company insiders that have sold NiSource company stock in the last year include Charles Edward Shafer II, Daniel A Creekmur, and Shawn Anderson.
View insider buying and selling activity for NiSource or view top insider-selling stocks.

NI stock was acquired by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, and Louisiana State Employees Retirement System.
View insider buying and selling activity for NiSource or or view top insider-buying stocks.

Shares of NI 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.

One share of NI stock can currently be purchased for approximately $22.93.

NiSource has a market capitalization of $8.79 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]