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NI Stock Chart & Stats
$41.13
-$0.87(-1.86%)
At close: 4:00 PM EDT
$41.13
-$0.87(-1.86%)
Day’s Range― - ―
52-Week Range$38.42 - $49.21
Previous Close$45.81
Volume2.73M
Average Volume (3M)5.55M
Market Cap
$20.51B
Enterprise Value$42.51B
Total Cash (Recent Filing)$70.00M
Total Debt (Recent Filing)$17.57B
Price to Earnings (P/E)22.6
Beta0.25
Next Earnings
Oct 28, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield2.74%
Share Statistics
EPS (TTM)1.90
Shares Outstanding479,560,100
10 Day Avg. Volume5,342,761
30 Day Avg. Volume5,553,637
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 Cap2.07
Enterprise Value/Revenue6.18
Enterprise Value/Gross Profit12.17
Enterprise Value/Ebitda13.27
Forecast
1Y Price Target
$47.88Price Target Upside16.42% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)2.06
Revenue Forecast (FY)$7.09B
Bulls Say, Bears Say
Bulls Say
Regulated Rate-base ModelNiSource’s regulated utility model links earnings to approved delivery rates and invested rate base rather than commodity-price exposure. Continued infrastructure investment can expand the recoverable asset base, supporting more predictable revenue, earnings visibility and durable capital deployment over coming quarters.
Long-term Data-center GrowthThe Microsoft agreement adds a long-duration customer commitment while protecting existing customers from incremental data-center costs. Fully funded generation and transmission, plus planned grid upgrades, can support scalable load growth, strengthen reliability and broaden NiSource’s utility growth platform.
Reaffirmed Growth OutlookReaffirmed earnings and rate-base targets provide a multi-year framework for growth beyond a single reporting period. The combination of planned capital investment, regulated recovery and GenCo opportunities could support compounding earnings while improving visibility into future infrastructure-driven expansion.
Bears Say
Elevated LeverageDebt has increased materially while leverage remains elevated for the company, reducing financial flexibility as NiSource funds a large capital program. Higher obligations can increase sensitivity to financing conditions and leave fewer resources available for investment or resilience if funding needs become less favorable.
Persistently Negative Free Cash FlowOngoing negative free cash flow shows that investment and other cash uses exceed internally generated cash, even though operating cash flow remains positive. This creates continued dependence on debt or equity financing and can constrain capital allocation flexibility during the company’s heavy investment cycle.
Indiana Recovery UncertaintyThe Indiana order introduces uncertainty over how quickly certain investments can be recovered through existing mechanisms. Delayed or altered recovery could pressure earnings timing and cash needs, while requiring additional rate cases or alternative pathways to secure economics for planned infrastructure spending.
Nisource News
NI FAQ
What was Nisource Inc’s price range in the past 12 months?
Nisource Inc lowest stock price was $38.42 and its highest was $49.21 in the past 12 months.
What is Nisource Inc’s market cap?
Nisource Inc’s market cap is $20.51B.
When is Nisource Inc’s upcoming earnings report date?
Nisource Inc’s upcoming earnings report date is Oct 28, 2026 which is in 6 days.
How were Nisource Inc’s earnings last quarter?
Nisource Inc released its earnings results on Aug 05, 2026. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.158 by $0.002.
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 $0.3 which represents an annual dividend yield of 2.74%. See more information on Nisource Inc dividends here
What is Nisource Inc’s EPS estimate?
Nisource Inc’s EPS estimate is 0.23.
How many shares outstanding does Nisource Inc have?
Nisource Inc has 479,560,100 shares outstanding.
What happened to Nisource Inc’s price movement after its last earnings report?
Nisource Inc reported an EPS of $0.16 in its last earnings report, beating expectations of $0.158. Following the earnings report the stock price went down -3.638%.
Which hedge fund is a major shareholder of Nisource Inc?
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$47.88 (16.42% Upside)
$47.88 (16.42% Upside)
Blogger Sentiment
Bullish
NI Sentiment 71%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 1.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 4.7%
Last 30 Days ▲ 4.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.98%
12-Months-Change
Fundamentals
Return on Equity
9.58%
Trailing 12-Months
Asset Growth
10.33%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Nisource Inc
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call balanced notable long-term growth and regulatory wins—particularly around the GenCo/data center strategy, $1.4 billion of customer bill relief, a robust 9 GW pipeline, and reaffirmed multi-year financial targets—against near-term pressures including a significant Q2 EPS decline (≈27%), elevated O&M from storm and labor-related costs, and a recent Indiana regulatory order introducing recovery uncertainty. Management conveyed confidence in execution, multiple recovery pathways, and meaningful second-half tailwinds, resulting in more positives than negatives but with material short-term risks.View all NI earnings summariesNI Stock 12 Month Forecast
Average Price Target
$47.88
▲(16.42% Upside)
Technical Analysis
Ownership Overview
0.34% Insiders
34.54% Mutual Funds
0.95% Other Institutional Investors
32.05% Public Companies and
Individual Investors