S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
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S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 

NiSource (NI) Stock Price, News & Analysis

$26.56
-0.26 (-0.97%)
(As of 04/16/2024 ET)
Today's Range
$26.26
$26.80
50-Day Range
$25.06
$27.66
52-Week Range
$22.86
$28.95
Volume
3.21 million shs
Average Volume
4.26 million shs
Market Capitalization
$11.90 billion
P/E Ratio
18.07
Dividend Yield
3.99%
Price Target
$29.00

NiSource MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.4% Upside
$29.00 Price Target
Short Interest
Healthy
1.35% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.59
Upright™ Environmental Score
News Sentiment
1.53mentions of NiSource in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$297,019 Sold Last Quarter
Proj. Earnings Growth
7.60%
From $1.71 to $1.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.35 out of 5 stars

Utilities Sector

23rd out of 90 stocks

Electric & Other Services Combined Industry

6th out of 18 stocks

NI stock logo

About NiSource Stock (NYSE:NI)

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County, Indiana; and solar generating units in Jasper County and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

NI Stock Price History

NI Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
NiSource Declares Common Stock Dividends
NiSource declares $0.265 dividend
Hooper to Depart NIPSCO After 13-Year Career
NiSource Inc.: Reiterating BUY following 4Q results
NiSource Full Year 2023 Earnings: Misses Expectations
NiSource Announces $900 Mln ATM Equity Offering Program
Q4 2023 NiSource Inc Earnings Call
Strong Buy: NiSource’s Positive Momentum and Financial Outlook
See More Headlines
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Company Calendar

Ex-Dividend for 2/20 Dividend
2/02/2024
Dividend Payable
2/20/2024
Last Earnings
2/21/2024
Today
4/16/2024
Ex-Dividend for 5/20 Dividend
4/29/2024
Next Earnings (Estimated)
5/01/2024
Dividend Payable
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
CUSIP
65473P10
Employees
7,411
Year Founded
1912

Price Target and Rating

Average Stock Price Target
$29.00
High Stock Price Target
$31.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+8.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$714.30 million
Pretax Margin
14.78%

Debt

Sales & Book Value

Annual Sales
$5.51 billion
Cash Flow
$4.02 per share
Book Value
$23.34 per share

Miscellaneous

Free Float
447,605,000
Market Cap
$12.02 billion
Optionable
Optionable
Beta
0.49

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NI Stock Analysis - Frequently Asked Questions

Should I buy or sell NiSource stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NI shares.
View NI analyst ratings
or view top-rated stocks.

What is NiSource's stock price target for 2024?

3 Wall Street research analysts have issued 1-year price objectives for NiSource's stock. Their NI share price targets range from $25.00 to $31.00. On average, they anticipate the company's stock price to reach $29.00 in the next year. This suggests a possible upside of 9.4% from the stock's current price.
View analysts price targets for NI
or view top-rated stocks among Wall Street analysts.

How have NI shares performed in 2024?

NiSource's stock was trading at $26.55 at the beginning of the year. Since then, NI shares have decreased by 0.2% and is now trading at $26.51.
View the best growth stocks for 2024 here
.

When is NiSource's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our NI earnings forecast
.

How were NiSource's earnings last quarter?

NiSource Inc. (NYSE:NI) released its earnings results on Wednesday, February, 21st. The utilities provider reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by $0.02. The utilities provider had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.59 billion. NiSource had a net margin of 12.98% and a trailing twelve-month return on equity of 10.10%. During the same quarter in the prior year, the firm earned $0.50 EPS.
Read the conference call transcript
.

How often does NiSource pay dividends? What is the dividend yield for NiSource?

NiSource declared a quarterly dividend on Tuesday, March 19th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.265 per share on Monday, May 20th. This represents a $1.06 annualized dividend and a yield of 4.00%. The ex-dividend date is Monday, April 29th.
Read our dividend analysis for NI
.

Is NiSource a good dividend stock?

NiSource (NYSE:NI) pays an annual dividend of $1.06 per share and currently has a dividend yield of 3.92%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 72.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NI will have a dividend payout ratio of 57.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NI.

What guidance has NiSource issued on next quarter's earnings?

NiSource issued an update on its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $1.70-$1.74 for the period, compared to the consensus earnings per share estimate of $1.71.

What is Joseph Hamrock's approval rating as NiSource's CEO?

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.

What other stocks do shareholders of NiSource own?

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).

Who are NiSource's major shareholders?

NiSource's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.10%), Brookstone Capital Management (0.08%), Miller Howard Investments Inc. NY (0.07%), NBC Securities Inc. (0.03%), Banque Cantonale Vaudoise (0.02%) and Thomasville National Bank (0.01%). Insiders that own company stock include Daniel A Creekmur, Donald Eugene Brown, Eric L Butler, Kimberly S Cuccia, Lloyd M Yates, Melanie B Berman, Michael E Jesanis, Pablo Vegas and William Jr Jefferson.
View institutional ownership trends
.

How do I buy shares of NiSource?

Shares of NI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does NiSource have any subsidiaries?
The following companies are subsidiares of NiSource: Bay State Gas Company, Cavalry Solar Generation LLC, Central Kentucky Transmission Company, Columbia Energy Group, Columbia Gas of Kentucky Inc., Columbia Gas of Maryland Inc., Columbia Gas of Ohio Inc., Columbia Gas of Ohio Receivables Corporation, Columbia Gas of Pennsylvania Inc., Columbia Gas of Pennsylvania Receivables Corporation, Columbia Gas of Virginia Inc., Dunn's Bridge I Solar Generation LLC, Dunn's Bridge II Solar Generation LLC, Elliot Solar Generation LLC, EnergyUSA-TPC Inc., Fairbanks Solar Generation LLC, Indiana Crossroads Solar Generation LLC, Indiana Crossroads Wind Farm LLC, Indiana Crossroads Wind Generation LLC, Lake Erie Land Company, NIPSCO Accounts Receivable Corporation, NiSource Corporate Group LLC, NiSource Corporate Services Company, NiSource Development Company Inc., NiSource Energy Technologies Inc., NiSource Gas Distribution Group Inc., NiSource Insurance Corporation Inc., NiSource Retail Services Inc., NiSource Strategic Sourcing Inc., Northern Indiana Public Service Company LLC, RoseWater Wind Farm LLC, and RoseWater Wind Generation LLC.
Read More
This page (NYSE:NI) was last updated on 4/16/2024 by MarketBeat.com Staff

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