NiSource Inc. (NI)
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]
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 StatementsAnalyst 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.
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...

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.

Why Is NiSource (NI) Down 6.9% Since Last Earnings Report?
NiSource (NI) reported earnings 30 days ago. What's next for the stock?

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...

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...

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

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...

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...

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.

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...

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).

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.

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.

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?

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...

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

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 ...

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.

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.

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.

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.

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...

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.

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).

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...