NiSource Inc. (NI)

NYSE: NI · IEX Real-Time Price · USD
27.96
+0.35 (1.29%)
Mar 30, 2023, 10:41 AM EDT - Market open
1.29%
Market Cap 11.53B
Revenue (ttm) 5.85B
Net Income (ttm) 749.00M
Shares Out 412.51M
EPS (ttm) 1.70
PE Ratio 16.24
Forward PE 18.02
Dividend $0.96 (3.42%)
Ex-Dividend Date Feb 6, 2023
Volume 641,655
Open 27.68
Previous Close 27.60
Day's Range 27.68 - 27.98
52-Week Range 23.78 - 32.59
Beta 0.45
Analysts Buy
Price Target 31.73 (+13.5%)
Earnings Date May 3, 2023

About NI

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated indiv... [Read more]

Sector Utilities
Founded 1912
Employees 7,272
Stock Exchange NYSE
Ticker Symbol NI
Full Company Profile

Financial Performance

In 2022, NiSource's revenue was $5.85 billion, an increase of 19.41% compared to the previous year's $4.90 billion. Earnings were $749.00 million, an increase of 41.37%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for NI stock is "Buy." The 12-month stock price forecast is $31.73, which is an increase of 13.50% from the latest price.

Price Target
$31.73
(13.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating NiSource Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , March 27, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty clai...

3 days ago - PRNewsWire

NiSource Closes on Bond Offering

MERRILLVILLE, Ind. , March 24, 2023 /PRNewswire/ -- NiSource Inc. (NYSE: NI) ("NiSource") closed today on its issuance of $750 million principal amount of notes due March 30, 2028.

5 days ago - PRNewsWire

Why Is NiSource (NI) Down 6.9% Since Last Earnings Report?

NiSource (NI) reported earnings 30 days ago. What's next for the stock?

5 days ago - Zacks Investment Research

NiSource announces leadership changes and additions

MERRILLVILLE, Ind. , March 15, 2023 /PRNewswire/ -- NiSource (NYSE: NI) today announced the appointment of Michael Luhrs to the NiSource executive leadership team, along with a reconfiguration of lead...

2 weeks ago - PRNewsWire

NiSource declares common and preferred stock dividends

MERRILLVILLE, Ind. , March 14, 2023 /PRNewswire/ -- The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of 25 cents per share, payable May 19, 2...

2 weeks ago - PRNewsWire

NiSource (NI) to Gain From Investments, Renewable Projects

NiSource Inc. (NI) is expected to further benefit from investments, renewable projects and cost saving initiatives.

2 weeks ago - Zacks Investment Research

Brent Archer to retire from NiSource

Jennifer Montague appointed president and chief operating officer, Columbia Gas of Virginia MERRILLVILLE, Ind. , March 10, 2023 /PRNewswire/ -- NiSource (NYSE: NI) today announced the appointment of J...

2 weeks ago - PRNewsWire

Powell's Hawkish Tone Rattles Wall Street: 5 Ultra-Safe Picks

With Powell's hawkish comments flaring up volatility, it is prudent to invest in risk-adjusting stocks like Unitil (UTL), Xcel Energy (XEL), NiSource (NI), Clorox (CLX) & Ingredion (INGR) for steady r...

Other symbols: CLXINGRUTLXEL
3 weeks ago - Zacks Investment Research

Here's Why You Should Add NiSource (NI) to Your Portfolio

NiSource (NI) makes a strong case for investment, given its earnings surprise, strong ROE and capability to increase shareholders' value.

3 weeks ago - Zacks Investment Research

5 Top High-Yield Stocks to Sail Through a Choppy March

As markets gyrate on inflationary pressure, invest in dividend stocks like Regency Centers (REG), Prudential Financial (PRU), Omnicom Group (OMC), NiSource (NI) & NewJersey Resources (NJR) for a stead...

Other symbols: NJROMCPRUREG
3 weeks ago - Zacks Investment Research

4 Safe Stocks to Buy as Wall Street Posts Worst Week in 2023

With markets poised to gyrate amid rate hike expectations, it's prudent to invest in risk-adjusted stocks like NiSource (NI), Spire (SR), Conagra Brands (CAG) and Philip Morris International (PM).

Other symbols: CAGPMSR
1 month ago - Zacks Investment Research

5 Utility Stocks to Buy as Volatility Grips Wall Street

We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: AEE, NI, XEL, MDU and MGEE.

Other symbols: AEEMDUMGEEXEL
1 month ago - Zacks Investment Research

NiSource's (NI) Q4 Earnings and Revenues Surpass Estimates

NiSource's (NI) fourth-quarter earnings and revenues beat estimates and the company raises its earnings guidance for 2023.

1 month ago - Zacks Investment Research

NiSource (NI) Tops Q4 Earnings and Revenue Estimates

NiSource (NI) delivered earnings and revenue surprises of 2.04% and 9.59%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

NiSource announces 2022 results, raises 2023 guidance

2022 diluted NOEPS tops guidance range; 2023 guidance range increased NIPSCO minority interest sale launched and on track for 2023 MERRILLVILLE, Ind. , Feb. 22, 2023 /PRNewswire/ -- NiSource (NYSE: NI...

1 month ago - PRNewsWire

NI or NEE: Which Is the Better Value Stock Right Now?

NI vs. NEE: Which Stock Is the Better Value Option?

Other symbols: NEE
1 month ago - Zacks Investment Research

NiSource (NI) to Report Q4 Earnings: Here's What to Expect

NiSource Inc.'s (NI) fourth-quarter earnings are likely to have benefited from new electric and gas rates, while expected price rise in certain materials and supplies are expected to have offset some ...

1 month ago - Zacks Investment Research

4 Utilities Set to Surpass Estimates This Earnings Season

Utilities like Sempra Energy (SRE), Edison International (EIX), DTE Energy (DTE), and NiSource (NI) are expected to beat fourth-quarter earnings estimates.

Other symbols: DTEEIXSRE
1 month ago - Zacks Investment Research

5 Large-Cap Stocks Set to Beat on Q4 Earnings This Week

The following five large-cap stocks are set to beat Q4 earnings estimates this week. These are: TECK, LECO, NI, EXAS and GFL.

Other symbols: EXASGFLLECOTECK
1 month ago - Zacks Investment Research

NiSource (NI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NiSource (NI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

NiSource to release financial results and host conference call on February 22

MERRILLVILLE, Ind. , Feb. 6, 2023 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced that the company will host a conference call at 11 a.m.

1 month ago - PRNewsWire

NiSource increases common stock dividend and declares preferred stock dividend

MERRILLVILLE, Ind. , Jan. 26, 2023 /PRNewswire/ -- The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of 25 cents per share, payable February 1...

2 months ago - PRNewsWire

5 Cheap Dividend Stocks to Buy and Retain for 2023

Stocks with a history of regular dividends, efficient management and a healthy balance sheet are good investment choices. Stocks like CAG, RDN, LAZ, NI and CFG are a must-have in your portfolio.

Other symbols: CAGCFGLAZRDN
3 months ago - Zacks Investment Research

Bet on 5 Top Stocks With Rising P/E

Forget undervalued stocks, play top-ranked stocks like Clovis Oncology (CLVS), NiSource (NI), DocuSign (DOCU), Root (ROOT) and Endava (DAVA).

Other symbols: DAVADOCUROOT
3 months ago - Zacks Investment Research

NiSource Named to Dow Jones Sustainability Index for Ninth Consecutive Year

MERRILLVILLE, Ind. , Dec. 19, 2022 /PRNewswire/ -- NiSource was named to the Dow Jones Sustainability Index (DJSI) - North America for the ninth consecutive year, in recognition of the company's leade...

3 months ago - PRNewsWire