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Nisource Inc (NI)
NYSE:NI
Nisource (NI) Stock Price & Analysis
631 Followers
NI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.19 - $29.40
Previous Close$29.15
Volume1.48M
Average Volume (3M)4.47M
Market Cap
$13.00B
Enterprise Value$26.82B
Total Cash (Recent Filing)$2.25B
Total Debt (Recent Filing)$14.13B
Price to Earnings (P/E)19.1
Beta0.64
Next Earnings
Jul 31, 2024EPS Estimate
$0.15Next Dividend Ex-Date
Jul 31, 2024Dividend Yield3.54%
Share Statistics
EPS (TTM)1.53
Shares Outstanding448,305,338
10 Day Avg. Volume4,738,576
30 Day Avg. Volume4,474,048
Standard Deviation0.05
R-Squared0.23
Alpha-0.00067
Financial Highlights & Ratios
Price to Book (P/B)2.06
Price to Sales (P/S)2.44
Price to Cash Flow (P/CF)8.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.01
Enterprise Value/Gross Profit6.96
Enterprise Value/Ebitda7.15
Forecast
1Y Price Target
$31.40Price Target Upside8.28% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Nisource News
PremiumPre-Earnings
Is NI a Buy, Before Earnings?
PremiumCompany Announcements
NiSource Inc Executive VP Donald Brown Announces DepartureBulls Say, Bears Say
Bulls Say
Dividend PolicyRecent 6% increase in the dividend targets the lower half of the 60-70% payout range, aligning with efficient financing strategies for robust investment.
Financial PerformanceNI has meaningfully de-risked the story, promising investors above-average EPS and rate base growth in favorable regulatory jurisdictions.
Investment StrategyManagement continues to highlight $2B of upside opportunities, reflecting potential growth from investments like the Fairbanks and Gibson solar projects.
Bears Say
Capital StructureThe anticipated equity issuance could dilute existing shareholders' value, creating a persistent concern for stock valuation.
Regulatory ImpactNI reached a settlement agreement in the Indiana Gas case for a rate increase lower than requested, affecting potential revenue growth.
Stock PerformanceShares modestly underperformed its peers, which may reflect investor concerns over market positioning and competitive strength.
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Ownership Overview
1.81% Insiders
24.90% Mutual Funds
51.81% Other Institutional Investors
21.48% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NI FAQ
What was Nisource Inc’s price range in the past 12 months?
Nisource Inc lowest stock price was $22.19 and its highest was $29.40 in the past 12 months.
What is Nisource Inc’s market cap?
Currently, no data Available
When is Nisource Inc’s upcoming earnings report date?
Nisource Inc’s upcoming earnings report date is Jul 31, 2024 which is in 75 days.
How were Nisource Inc’s earnings last quarter?
Nisource Inc released its earnings results on May 08, 2024. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.828 by $0.022.
Is Nisource Inc overvalued?
According to Wall Street analysts Nisource Inc’s price is currently Undervalued.
Does Nisource Inc pay dividends?
Nisource Inc pays a Quarterly dividend of $0.26 which represents an annual dividend yield of 3.54%. See more information on Nisource Inc dividends here
What is Nisource Inc’s EPS estimate?
Nisource Inc’s EPS estimate is $0.15.
How many shares outstanding does Nisource Inc have?
Nisource Inc has 448,305,330 shares outstanding.
What happened to Nisource Inc’s price movement after its last earnings report?
Nisource Inc reported an EPS of $0.85 in its last earnings report, beating expectations of $0.828. Following the earnings report the stock price went down -1.136%.
Which hedge fund is a major shareholder of Nisource Inc?
Among the largest hedge funds holding Nisource Inc’s share is Wexford Capital LP. It holds Nisource Inc’s shares valued at 6M.
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Nisource Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$31.40 (8.28% Upside)
$31.40 (8.28% Upside)
Blogger Sentiment
Bullish
NI Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 72.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 4.0%
Last 30 Days ▲ 4.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.01%
12-Months-Change
Fundamentals
Return on Equity
9.58%
Trailing 12-Months
Asset Growth
9.25%
Trailing 12-Months
Company Description
Nisource Inc
NiSource, Inc. is a holding company, which engages in energy solutions. Through its subsidiaries, it provides natural gas, electricity, and other products and services. It operates through the following segments: Gas Distribution Operations and Electric Operations. The Gas Distribution Operations segment focuses in the natural gas service and transportation for residential, commercial, and industrial customers. The Electric Operations segment generates, transmits, and distributes electricity. The company was founded in 1987 and is headquartered in Merrillville, IN.
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NI Company Deck
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NI Earnings Call
Q1 2024
0:00 / 0:00
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NI Revenue Breakdown
67.58% Gas Distribution Operations
32.41% Electric Operations
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NI Stock 12 Month Forecast
Average Price Target
$31.40
▲(8.28% Upside)
Technical Analysis
Best Analysts Covering NI
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+7.07%
reiterated a buy rating 4 months ago
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