NiSource Inc. (NI)
NYSE: NI · IEX Real-Time Price · USD
28.57
-0.13 (-0.45%)
Jul 2, 2024, 4:00 PM EDT - Market closed
NiSource Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for NiSource stock have an average target of 29.5, with a low estimate of 25 and a high estimate of 32. The average target predicts an increase of 3.26% from the current stock price of 28.57.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for NiSource stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Jun 18, 2024 |
| Barclays | Barclays | Buy Maintains $30 → $31 | Buy | Maintains | $30 → $31 | +8.51% | May 14, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +12.01% | May 9, 2024 |
| BMO Capital | BMO Capital | Buy Reiterates $30 → $31 | Buy | Reiterates | $30 → $31 | +8.51% | May 9, 2024 |
| Barclays | Barclays | Buy Maintains $28 → $29 | Buy | Maintains | $28 → $29 | +1.51% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
6.21B
from 5.51B
Increased by 12.78%
Revenue Next Year
6.68B
from 6.21B
Increased by 7.59%
EPS This Year
1.77
from 1.48
Increased by 19.79%
EPS Next Year
1.90
from 1.77
Increased by 7.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1B | 8.2B | 12.4B | 7.4B | 7.7B |
| Avg | 6.2B | 6.7B | 7.7B | 7.1B | 7.4B |
| Low | 5.4B | 5.7B | 6.0B | 6.6B | 6.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.2% | 32.1% | 85.0% | -3.7% | 8.6% |
| Avg | 12.8% | 7.6% | 14.8% | -7.9% | 4.4% |
| Low | -2.5% | -8.7% | -10.7% | -14.6% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.82 | 1.95 | 2.10 | 2.28 | 2.46 |
| Avg | 1.77 | 1.90 | 2.04 | 2.20 | 2.37 |
| Low | 1.69 | 1.79 | 1.92 | 2.07 | 2.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.7% | 10.2% | 10.4% | 11.9% | 11.8% |
| Avg | 19.8% | 7.3% | 7.0% | 7.9% | 7.8% |
| Low | 13.9% | 1.2% | 1.0% | 1.6% | 0.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.