Nisource stock analysis
Nisource (0K87) Share Price & Analysis
0K87 Stock Chart & Stats
- Day’s Range
- $45.25 - $46.94
- 52-Week Range
- $38.19 - $50.72
- Previous Close
- $45.38
- Volume
- N/A
- Average Volume (3M)
- 763
- Market Cap
- $21.85B
- Enterprise Value
- $39.33B
- Total Cash (Recent Filing)
- $57.50M
- Total Debt (Recent Filing)
- $18.26B
- Price to Earnings (P/E)
- 23.4
- Beta
- 0.66
- Next Earnings
- Feb 17, 2027 (Est.)
- EPS Estimate
- 0.59
- Last Dividend Ex-Date
- Oct 30, 2026
- Dividend Yield
- 2.60%
Bulls Say, Bears Say
Bulls Say
Regulated Utility Profitability
NiSource’s regulated gas and electric operations generate solid, utility-like profitability, with healthy operating and net margins and rising net income. This recurring earnings base supports reinvestment, provides visibility through commission-approved rates, and helps fund long-term system modernization.
Large Rate-base Investment Plan
The $40 billion investment program creates a durable path for rate-base expansion across gas modernization, electric reliability, generation, and growth infrastructure. Rapid initial recovery can improve capital efficiency and support the company’s targeted 10% to 11% adjusted EPS returns through 2033.
Long-term Genco Customer Growth
Long-duration agreements with large customers diversify NiSource’s growth beyond traditional utility demand and support sizeable generation and storage investment. The Microsoft contract adds committed demand, strengthens Genco’s customer base, and can provide a durable earnings contribution as projects ramp.
Bears Say
Weak Cash-flow Conversion
Persistently negative free cash flow and the sharp decline in operating cash generation show that accounting earnings are not currently converting into internally funded investment capacity. Continued capital spending may therefore require additional borrowing or equity, increasing financial pressure if cash generation remains weak.
Rising Leverage And Funding Needs
Higher debt relative to equity reduces financial flexibility and increases sensitivity to refinancing costs and interest rates. The funding burden is particularly important while NiSource pursues an extensive investment program, because weaker cash generation could require continued external financing and constrain capital allocation.
Regulatory Approval Exposure
Several growth and customer-benefit initiatives still depend on regulatory approval, creating execution uncertainty over timing and economics. Delays or unfavorable decisions could postpone recovery, defer planned benefits, or require changes to contracts and rate mechanisms that support the investment program.
Nisource News
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Nisource Stock Smart Score
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.
- Sector
- Utilities
- Industry
- Regulated Gas
- CEO
- Lloyd Yates
- Employees
- 7,703
- Website
- www.nisource.com
- Address
- 801 East 86th Avenue, Merrillville, IN, 46410, US
Nisource (0K87) Earnings & Revenues
0K87 Company Deck
0K87 Earnings Call
Earnings Call SentimentPositive
The call was strongly positive overall. Highlights significantly outweighed the lowlights, supported by year-over-year EPS growth, narrowed 2026 guidance, new 2027 guidance, a higher 2033 growth commitment, the Microsoft agreement, increased customer savings, a $40 billion investment plan, and continued Genco execution. The principal challenges were storm damage and related reviews and costs, outstanding regulatory approvals, generation planning requirements, and ongoing financing needs.
View all GB:0K87 earnings summaries0K87 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 15 | 4 | 3 |
| Technical Analysis | 3 | 4 | 3 |
| Moving Averages | 12 | 0 | 0 |










