NiSource Inc. (NI)
| Market Cap | 17.40B |
| Revenue (ttm) | 5.29B |
| Net Income (ttm) | 740.80M |
| Shares Out | 466.78M |
| EPS (ttm) | 1.64 |
| PE Ratio | 22.69 |
| Forward PE | 20.30 |
| Dividend | $1.06 (2.85%) |
| Ex-Dividend Date | Oct 31, 2024 |
| Volume | 690,838 |
| Open | 37.60 |
| Previous Close | 37.35 |
| Day's Range | 37.19 - 37.64 |
| 52-Week Range | 24.80 - 38.56 |
| Beta | 0.53 |
| Analysts | Strong Buy |
| Price Target | 37.50 (+0.58%) |
| Earnings Date | Oct 30, 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 8 analysts, the average rating for NI stock is "Strong Buy." The 12-month stock price forecast is $37.5, which is an increase of 0.58% from the latest price.
News
NiSource: Well-Positioned With Data Center Upside (Rating Upgrade)
NiSource has outperformed expectations, gaining 45% in a year, driven by optimism around data center demand and strong financial performance. The company's robust $19.3 billion capex plan aims to grow...
NiSource Inc. (NI) Q3 2024 Earnings Call Transcript
NiSource Inc. (NYSE:NI) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Chris Turnure - Director of Investor Relations Lloyd Yates - President and Chief Executive O...
NiSource Announces Third 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 September 30, 2024, of $85.7 mill...
Evercore is bullish on utilities, upgrades from line to outperform
The surge in artificial intelligence has sparked a growing appetite for energy and power, creating a bullish environment for utilities (XLU). This trend has propelled the sector to outshine the broade...
NiSource to Release Financial Results and Host Conference Call on October 30
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, October 30, 2024, to review its thir...
Top 2 Utilities Stocks That May Implode In Q3
As of Sept. 16, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
NiSource Set For Outperformance But CenterPoint Energy Faces Regulatory Hurdles, Says BofA Analyst
BofA Securities analyst Ross Fowler reinstated the Buy rating at NiSource Inc NI with a price target of $37 and the Neutral rating at CenterPoint Energy, Inc CNP with a price target of $29.
NiSource At Range Top, Still A Hold
NiSource Inc. is a $15.0 billion holding company for six utilities, five of which are local distribution companies (LDCs) supplying natural gas, and one which supplies both gas and electricity. The co...
NIPSCO's Electric Generation Transition Continues With Completion of Third Solar Project
MERRILLVILLE, Ind.--(BUSINESS WIRE)--Taking the next step forward in its electric generation transition to a more diverse, balanced and reliable portfolio, Northern Indiana Public Service Company LLC ...
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 November 20, 2024, t...
NiSource Inc. (NI) Q2 2024 Earnings Call Transcript
NiSource Inc. (NYSE:NI) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET Company Participants Chris Turnure - Director of Investor Relations Lloyd Yates - President and Chief Executive Off...
NiSource announces second 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 June 30, 2024, of $85.8 million, ...
The Final Peak Week Of The Q2 Season Begins Amid Souring Economic Data
This marks the last peak week of the Q2 earnings season with 3,908 companies expected to report. Earnings have come in better-than-expected, but tend to be overshadowed by economic data. Outlier earni...
NiSource to release financial results and host conference call on August 7
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, August 7, 2024, to review its second...
NiSource Celebrates Multiple Brands Named as 2024 Most Trusted Utility Brands Award Recipients
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) subsidiaries Northern Indiana Public Service Company LLC (NIPSCO), Columbia Gas of Ohio, Inc., Columbia Gas of Kentucky, Inc. and Columbia...
NiSource Demonstrates Commitment to Furthering a More Sustainable and Inclusive Future through 2024 ESG Report
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI), one of the nation's largest fully-regulated utility companies, released its 2024 ESG Report – Creating Shared Value today. The report hig...
NiSource's Equity Issuance Reduces Upside (Rating Downgrade)
NiSource stock has underperformed the market due to elevated interest rates affecting dividend-oriented and utility stocks. NiSource reported solid earnings growth in Q1, with operating income rising ...
NiSource achieves international certification for system and safety management practices
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) announced today that it has achieved two international certifications for best-in-class operational standards for its gas operations. NiSo...
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 Inc. (NI) Q1 2024 Earnings Call Transcript
NiSource Inc. (NYSE:NI) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Chris Turnure - Director of Investor Relations Lloyd Yates - President and Chief Executive Office...
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 Inc.: While Slightly Undervalued, Higher For Longer May Bring A Deeper Discount
NiSource is a holding company for two utilities: NIPSCO Gas & Electric in Indiana, and NiSource Gas Distribution Group in five eastern states.
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...
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...