NiSource Inc.

NiSource Inc.

NIยทNYSE

$45.85

+0.70%
UtilitiesRegulated Gas

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. 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.

At a Glance

Live Snapshot
Market Cap$21.98B
EPS1.9600
P/E Ratio23.39
Earnings Date08/05/2026
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NiSource Inc. Street Expectations Map

NI ยท NYSE

Wall Street analysts project that NI stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 50.20, with estimates ranging from a low of 48.00 to a high of 52.00.

Lowest Target
48.00
4.69%
Consensus Target
50.20
9.49%
Highest Target
52.00
13.41%

The consensus 1-year price target stands at 50.20, with estimates ranging from a low of 48.00 to a high of 52.00.

Analyst Consensus Analysis

Upside Potential

+9.5%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

8.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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NiSource Inc. Forward Estimates of Revenue

NI ยท NYSE
Latest Revenue
6.64B
FY 2025
Avg Estimate
6.38B
FY 2026
Estimate Range
6.25B - 6.49B
Analyst Spread

Forward Growth Analysis

Projected Growth-3.9%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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NiSource Inc. Forward Estimates of Net Income

NI ยท NYSE
Latest Net Income
929.50M
FY 2025
Avg Estimate
929.26M
FY 2026
Estimate Range
922.41M - 936.10M
Analyst Spread

Forward Growth Analysis

Projected Growth-0.0%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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NiSource Inc. Forward Estimates of EPS

NI ยท NYSE
Latest EPS
1.96
FY 2025
Avg Estimate
$2.04
FY 2026
Estimate Range
$2.02 - $2.05
Analyst Spread

Forward Growth Analysis

Projected Growth+4.2%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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NiSource Inc. Forward Estimates of EBIT

NI ยท NYSE
Latest EBIT
1.84B
FY 2025
Avg Estimate
1.32B
FY 2026
Estimate Range
1.29B - 1.34B
Analyst Spread

Forward Growth Analysis

Projected Growth-28.2%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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NiSource Inc. Forward Estimates of EBITDA

NI ยท NYSE
Latest EBITDA
3.00B
FY 2025
Avg Estimate
2.35B
FY 2026
Estimate Range
2.30B - 2.38B
Analyst Spread

Forward Growth Analysis

Projected Growth-21.9%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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NiSource Inc. Forward Estimates of SG&A Expense

NI ยท NYSE
Latest SG&A Expense
1.71B
FY 2025
Avg Estimate
-9.08M
FY 2026
Estimate Range
-9.24M - -8.90M
Analyst Spread

Forward Growth Analysis

Projected Growth-100.5%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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NiSource Inc. Insider Positioning

NI ยท NYSE

During the last 12 months, insiders have sold $3.73M worth of NI shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

47.4K

2.26M

Net Activity

-2.3M

-$2.26M

3-6 Months

Bought

0

0.00

Sold

14.7K

662.67K

Net Activity

-663K

-$663K

6-9 Months

Bought

0

0.00

Sold

8.0K

345.04K

Net Activity

-345K

-$345K

9-12 Months

Bought

0

0.00

Sold

11.1K

470.50K

Net Activity

-470K

-$470K

Top Buyers

No buying activity

Top Sellers

1
AS

Anderson Shawn

Officer: Evp & Cfo

23.6K sharesโ€ข2 transactions

$1.03M

2
YLM

Yates Lloyd M

Director, Officer: Director And President & Ceo

19.9K sharesโ€ข1 transactions

$950K

3
BMB

Berman Melanie B.

Officer: Evp Administration & Chro

15.0K sharesโ€ข1 transactions

$715K

4
BM

Birmingham Melody

Officer: Evp & Grp President, Utilities

12.5K sharesโ€ข2 transactions

$590K

5
CKS

Cuccia Kimberly S

Officer: Evp, Gc & Corporate Secretary

8.0K sharesโ€ข1 transactions

$345K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $3.73M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$2.26M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.