NiSource Inc. (NI)
| Market Cap | 13.07B |
| Revenue (ttm) | 5.25B |
| Net Income (ttm) | 686.80M |
| Shares Out | 448.31M |
| EPS (ttm) | 1.53 |
| PE Ratio | 19.10 |
| Forward PE | 15.50 |
| Dividend | $1.06 (3.63%) |
| Ex-Dividend Date | Jul 31, 2024 |
| Volume | 3,174,270 |
| Open | 29.13 |
| Previous Close | 29.15 |
| Day's Range | 28.92 - 29.25 |
| 52-Week Range | 22.86 - 29.40 |
| Beta | 0.48 |
| Analysts | Strong Buy |
| Price Target | 29.80 (+1.95%) |
| Earnings Date | May 8, 2024 |
About 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, trans... [Read more]
Financial Performance
In 2023, NiSource's revenue was $5.51 billion, a decrease of -5.90% compared to the previous year's $5.85 billion. Earnings were $661.70 million, a decrease of -11.66%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for NI stock is "Strong Buy." The 12-month stock price forecast is $29.8, which is an increase of 1.95% from the latest price.
News
NiSource declares common stock dividends
MERRILLVILLE, Ind.--(BUSINESS WIRE)--The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable August 20, 2024, to ...
NiSource Announces First Quarter 2024 Results
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended March 31, 2024, of $344.3 million...
NiSource to release financial results and host conference call on May 8
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, May 8, 2024, to review its first qua...
NiSource Announces Leadership Changes in Ohio and Indiana Subsidiaries
COLUMBUS, Ohio--(BUSINESS WIRE)--NiSource (NYSE: NI) today announced that Robert Heidorn will replace Vince Parisi as president and chief operating officer of Columbia Gas of Ohio. Parisi, who was pre...
NiSource Declares Common Stock Dividends
MERRILLVILLE, Ind.--(BUSINESS WIRE)--The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable May 20, 2024, to sto...
Aristides S. Candris Departs from the Board After 12 Years of Service
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced Aristides S. Candris, who has served as a director since 2012, has retired from the NiSource Board, and that it has appoin...
Hooper named President of We Energies and Wisconsin Public Service
MILWAUKEE , March 12, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) announced today that Michael Hooper, currently president and chief operating officer of Northern Indiana Public Service Company ...
Hooper to Depart NIPSCO After 13-Year Career
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource (NYSE: NI) today announced that Mike Hooper, president of their Indiana-based subsidiary NIPSCO, is departing on March 15, following a successful 13-year ...
NiSource Announces Two-Year $900 Million At-The-Market (ATM) Equity Issuance Program
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today that it has established an “at-the-market” (“ATM”) equity offering program under which it may sell shares of ...
NiSource Announces Fourth Quarter 2023 Results
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, 2023 net income available to common shareholders of $661.7 million, or $1.48 diluted earnings per share,...
NiSource Inc. Announces Redemption of All Depositary Shares Representing Interests in Its 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock and Series B-1 Preferred Stock
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today that it will redeem all outstanding shares of its 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpe...
NiSource to Release Financial Results and Host Conference Call on February 21
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, February 21, 2024, to review its fou...
NiSource Declares Common and Preferred Stock Dividends
MERRILLVILLE, Ind.--(BUSINESS WIRE)--The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable February 20, 2024, t...
Blackstone paying $2.41B in minority stake deal with NiSource unit
Blackstone Inc.'s BX, -1.66% infrastructure unit has agreed to invest $2.41 billion in Northern Indiana Public Service Company LLC, a unit of NiSource Inc. NI, , the firms said Tuesday. NiSource said ...
NiSource Inc. Completes NIPSCO Minority Equity Interest Transaction
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) today announced that it has completed the issuance of a 19.9% indirect equity interest in the company's Northern Indiana Publ...
NiSource Named to S&P Dow Jones Sustainability Indices for 10th Consecutive Year
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI), one of the largest fully-regulated utility companies in the United States, has been named to the Dow Jones Sustainability Indices (DJSI) ...
NiSource Inc. Announces the Settlement Rate for the Purchase Contract Component of its 2021 Equity Units Offering
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today the settlement rate of the purchase contracts that form part of its Series A Corporate Units (the “Corporate ...
NiSource Inc. Announces Results of Final Remarketing of its Series C Mandatory Convertible Preferred Stock Relating to its 2021 Equity Units Offering
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today the unsuccessful final remarketing of its Series C Mandatory Convertible Preferred Stock, par value $0.01 per...
NiSource Inc. Announces Postponement of the Final Remarketing of its Series C Mandatory Convertible Preferred Stock
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) is announcing that it has postponed, at its option, the final remarketing of 862,500 shares of its Series C Mandatory Convert...
Consistent With its Long-Term Financial Plan NiSource Inc. Announces Commencement of Final Remarketing of its Series C Mandatory Convertible Preferred Stock Relating to its 2021 Equity Units Offering
MERRILLVILLE, Ind.--(BUSINESS WIRE)--In accordance with NiSource's long-term financial plan, NiSource Inc. (NYSE: NI) (“NiSource”) announced today the commencement of the final remarketing of 862,500 ...
NiSource Hosts Annual Supplier Day Event
COLUMBUS, Ohio--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI), one of the leading fully regulated utilities in the United States, held its annual Supplier Day event yesterday, showcasing the company's com...
Vice President Investor Relations and Treasurer Randy Hulen to retire from NiSource after nearly 30 years
MERRILLVILLE, Ind.--(BUSINESS WIRE)--Following nearly 30 years of service to NiSource (NYSE: NI), Vice President Investor Relations and Treasurer, Randy Hulen, will retire effective December 31, 2023....
NiSource announces third quarter 2023 results, extension to long-term growth plan
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended September 30, 2023, of $77.0 mill...