Nisource (NI)
NYSE:NI
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NI Stock Chart & Stats
$48.31
$0.36(1.01%)
At close: 4:00 PM EST
$48.31
$0.36(1.01%)
Day’s Range― - ―
52-Week Range$38.45 - $48.98
Previous CloseN/A
Volume648.45K
Average Volume (3M)3.77M
Market Cap
$23.53B
Enterprise Value$39.11B
Total Cash (Recent Filing)$71.90M
Total Debt (Recent Filing)$16.77B
Price to Earnings (P/E)24.3
Beta0.29
Next Earnings
Aug 05, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield2.69%
Share Statistics
EPS (TTM)2.02
Shares Outstanding479,439,240
10 Day Avg. Volume3,599,903
30 Day Avg. Volume3,766,462
Financial Highlights & Ratios
PEG Ratio1.05
Price to Book (P/B)2.09
Price to Sales (P/S)2.97
P/FCF Ratio-47.02
Enterprise Value/Market Cap1.66
Enterprise Value/Revenue5.73
Enterprise Value/Gross Profit10.25
Enterprise Value/Ebitda12.53
Forecast
1Y Price Target
$51.45Price Target Upside6.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)2.06
Revenue Forecast (FY)$6.94B
Bulls Say, Bears Say
Bulls Say
Regulated Revenue & MarginsNiSource’s core regulated utility model generates steady, rate‑based returns and resilient margins. Stable net and operating margins reflect franchised revenue recovery via regulators, supporting durable cash flow generation tied to long‑lived infrastructure and predictable rate base growth.
Data‑center (Genco) Contract BacklogMaterial signed Genco capacity with major customers (Alphabet, Amazon) provides a multi‑year structural demand stream and potential rate base additions. Large contracts and a multi‑GW pipeline can sustainably boost earnings and utilization as projects convert and are integrated into regulated cost recovery frameworks.
Operational Excellence & ProductivityDocumented safety, inspection, and AI productivity improvements support lower O&M growth and better reliability metrics. Persistent operational gains strengthen regulatory filings, reduce incident risk, and improve capital efficiency—advantages that compound over multiple regulatory cycles.
Bears Say
High LeverageA materially higher debt load limits financial flexibility for a capital‑intensive utility. Elevated leverage raises refinancing and interest risks, constrains the company’s ability to absorb adverse regulatory outcomes, and increases sensitivity to rising funding costs over the multi‑year capex cycle.
Negative Free Cash Flow & Funding NeedsPersistent negative free cash flow has forced reliance on external capital; management’s explicit plan for recurring equity issuance creates dilution risk and execution dependence on capital markets. Continued negative FCF will pressure margins of safety and elevate funding cost exposure.
Regulatory And Execution RiskKey Genco projects and commercial expansions are gated by regulatory approvals and timelines. Delays or adverse rulings would postpone rate base additions and EPS accretion, while recent political and federal directives (e.g., plant operation orders) add uncertainty to resource planning and contract structuring.
Nisource News
NI FAQ
What was Nisource’s price range in the past 12 months?
Nisource lowest stock price was $38.45 and its highest was $48.98 in the past 12 months.
What is Nisource’s market cap?
Nisource’s market cap is $23.53B.
When is Nisource’s upcoming earnings report date?
Nisource’s upcoming earnings report date is Aug 05, 2026 which is in 38 days.
How were Nisource’s earnings last quarter?
Nisource released its earnings results on May 06, 2026. The company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $1.049 by $0.011.
Is Nisource overvalued?
According to Wall Street analysts Nisource’s price is currently Undervalued.
Does Nisource pay dividends?
Nisource pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 2.69%. See more information on Nisource dividends here
What is Nisource’s EPS estimate?
Nisource’s EPS estimate is 0.23.
How many shares outstanding does Nisource have?
Nisource has 479,439,240 shares outstanding.
What happened to Nisource’s price movement after its last earnings report?
Nisource reported an EPS of $1.06 in its last earnings report, beating expectations of $1.049. Following the earnings report the stock price went down -1.411%.
Which hedge fund is a major shareholder of Nisource?
Currently, no hedge funds are holding shares in NI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Nisource Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$51.45 (6.51% Upside)
$51.45 (6.51% Upside)
Blogger Sentiment
Bullish
NI Sentiment 70%
Sector Average 74%
Sector Average 74%
Hedge Fund Trend
Decreased
By 1.2M 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 ▼ 1.2%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.21%
12-Months-Change
Fundamentals
Return on Equity
10.37%
Trailing 12-Months
Asset Growth
10.56%
Trailing 12-Months
Company Description
Nisource
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
NI Company Deck
NI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasizes strong execution: Q1 EPS growth (+8% YoY), reaffirmed full-year guidance, an improved long-term EPS CAGR target, and material commercial progress in the Genco data center strategy (signed ~4 GW, $1.4B in customer savings). Operational and safety metrics were highlighted as best-in-class, and AI/process improvements showed measurable efficiency gains. Principal negatives are execution and timing risks around regulatory approvals, increased capital intensity requiring ongoing financing, a federal order affecting the Schahfer coal plant, and the fact that the sizable pipeline (~3 GW negotiating, ~2 GW developing) is not yet reflected in guidance. Overall, the positives — near-term results, constructive regulatory engagement, large signed transactions, and improved long-term outlook — materially outweigh the listed risks, which are primarily contingent on approvals and execution.View all NI earnings summariesNI Stock 12 Month Forecast
Average Price Target
$51.45
▲(6.51% Upside)
Technical Analysis
Ownership Overview
0.35% Insiders
34.55% Mutual Funds
29.58% Other Institutional Investors
3.44% Public Companies and
Individual Investors