NiSource Inc. (NI)
NYSE: NI · IEX Real-Time Price · USD
27.58
+0.18 (0.66%)
At close: Apr 19, 2024, 4:00 PM
27.51
-0.07 (-0.25%)
After-hours: Apr 19, 2024, 7:36 PM EDT
NiSource Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for NiSource stock have an average target of 28.5, with a low estimate of 25 and a high estimate of 30. The average target predicts an increase of 3.34% from the current stock price of 27.58.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 22, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $28 → $29 | Buy | Maintains | $28 → $29 | +5.15% | Feb 22, 2024 |
| Barclays | Barclays | Buy Initiates $28 | Buy | Initiates | $28 | +1.52% | Jan 22, 2024 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Buy Initiates $25 | Strong Buy | Initiates | $25 | -9.35% | Oct 6, 2023 |
| Guggenheim | Guggenheim | Strong Buy Maintains $31 → $30 | Strong Buy | Maintains | $31 → $30 | +8.77% | Jul 7, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $31 → $30 | Buy | Maintains | $31 → $30 | +8.77% | Jun 21, 2023 |
Financial Forecast
Revenue This Year
6.45B
from 5.51B
Increased by 17.16%
Revenue Next Year
6.94B
from 6.45B
Increased by 7.63%
EPS This Year
1.77
from 1.48
Increased by 19.80%
EPS Next Year
1.91
from 1.77
Increased by 7.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1B | 8.2B | 12.4B | 8.0B | 8.3B |
| Avg | 6.5B | 6.9B | 7.9B | 7.6B | 8.1B |
| Low | 5.9B | 6.2B | 6.6B | 7.0B | 7.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.5% | 27.3% | 78.0% | 1.1% | 9.5% |
| Avg | 17.2% | 7.6% | 13.5% | -4.2% | 7.4% |
| Low | 7.0% | -3.2% | -5.5% | -11.0% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.82 | 2.01 | 2.10 | 2.25 | 2.31 |
| Avg | 1.77 | 1.91 | 2.03 | 2.16 | 2.27 |
| Low | 1.68 | 1.79 | 1.91 | 2.03 | 2.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.7% | 13.1% | 10.0% | 10.5% | 7.0% |
| Avg | 19.8% | 7.8% | 6.3% | 6.2% | 4.9% |
| Low | 13.4% | 1.1% | -0.0% | -0.2% | -0.2% |
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.