Utilities - Regulated Gas - NYSE - US
$ 36.57
1.53 %
$ 17.1 B
Market Cap
22.3
P/E
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.[ Read More ]
The intrinsic value of one NI stock under the base case scenario is HIDDEN Compared to the current market price of 36.6 USD, NiSource Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart NI
FINANCIALS
5.51 B
REVENUE
1.3 B
OPERATING INCOME
674 M
NET INCOME
1.94 B
OPERATING CASH FLOW
-3.57 B
INVESTING CASH FLOW
3.84 B
FINANCING CASH FLOW
1.08 B
REVENUE
218 M
OPERATING INCOME
-145 M
NET INCOME
340 M
OPERATING CASH FLOW
-792 M
INVESTING CASH FLOW
415 M
FINANCING CASH FLOW
Balance Sheet Decomposition
NiSource Inc.
| Current Assets | 4.5 B |
| Cash & Short-Term Investments | 2.25 B |
| Receivables | 928 M |
| Other Current Assets | 1.33 B |
| Non-Current Assets | 26.6 B |
| Long-Term Investments | 88 M |
| PP&E | 22.3 B |
| Other Non-Current Assets | 4.18 B |
| Current Liabilities | 5.27 B |
| Accounts Payable | 749 M |
| Short-Term Debt | 3.08 B |
| Other Current Liabilities | 1.44 B |
| Non-Current Liabilities | 15.7 B |
| Long-Term Debt | 11.1 B |
| Other Non-Current Liabilities | 4.59 B |
EFFICIENCY
Earnings Waterfall
NiSource Inc.
| Revenue | 5.51 B |
| Cost Of Revenue | 3.03 B |
| Gross Profit | 2.48 B |
| Operating Expenses | 1.18 B |
| Operating Income | 1.3 B |
| Other Expenses | 621 M |
| Net Income | 674 M |
RATIOS
45.00%
GROSS MARGIN
23.53%
OPERATING MARGIN
12.97%
NET MARGIN
8.64%
ROE
2.30%
ROA
4.84%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
NiSource Inc.
| Net Income | 674 M |
| Depreciation & Amortization | 908 M |
| Capital Expenditures | -2.65 B |
| Stock-Based Compensation | 23.9 M |
| Change in Working Capital | 200 M |
| Others | -51.7 M |
| Free Cash Flow | -711 M |
Wall Street Analysts Price Targets
NiSource Inc.
Wall Street analysts predict an average 1-year price target for NI of $35.4 , with forecasts ranging from a low of $31 to a high of $39 .
NI Lowest Price Target
Wall Street Target
31 USD
-15.23%
NI Average Price Target
Wall Street Target
35.4 USD
-3.20%
NI Highest Price Target
Wall Street Target
39 USD
6.64%
4. DIVIDEND ANALYSIS
0.76%
DIVIDEND YIELD
0.265 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
NiSource Inc.
Sold
0-3 MONTHS
357 K USD 2
3-6 MONTHS
330 K USD 2
6-9 MONTHS
1.33 M USD 3
9-12 MONTHS
131 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Aug 21, 2024
|
Sell 217 K USD
|
Anderson Shawn
EVP & CFO |
- 6730
|
32.24 USD |
|
2 months ago
Aug 19, 2024
|
Sell 140 K USD
|
Jefferson William Jr.
EVP, Chief Op & Safety Officer |
- 4364
|
32.07 USD |
|
3 months ago
Aug 13, 2024
|
Sell 226 K USD
|
Birmingham Melody
EVP & President NI Utilities |
- 7151
|
31.545 USD |
|
5 months ago
May 30, 2024
|
Sell 105 K USD
|
Berman Melanie B.
CHRO & SVP Administration |
- 3742
|
27.963 USD |
|
8 months ago
Mar 15, 2024
|
Sell 25.1 K USD
|
Gode Gunnar
VP & Chief Accounting Officer |
- 950
|
26.456 USD |
|
8 months ago
Mar 06, 2024
|
Sell 1 M USD
|
Brown Donald Eugene
EVP & Chief Innovation Officer |
- 37490
|
26.78 USD |
|
8 months ago
Mar 05, 2024
|
Sell 297 K USD
|
Berman Melanie B.
SVP & CHRO |
- 11141
|
26.655 USD |
|
11 months ago
Nov 28, 2023
|
Sell 131 K USD
|
Jesanis Michael E
Director |
- 5000
|
26.24 USD |
|
1 year ago
Aug 23, 2023
|
Bought 1.06 M USD
|
Yates Lloyd M
Director and President & CEO |
+ 40000
|
26.44 USD |
|
1 year ago
Aug 08, 2023
|
Sell 373 K USD
|
Brown Donald Eugene
EVP & Chief Innovation Officer |
- 14000
|
26.64 USD |
|
1 year ago
Aug 08, 2023
|
Sell 143 K USD
|
Birmingham Melody
EVP & President NI Utilities |
- 5385
|
26.565 USD |
|
1 year ago
Aug 04, 2023
|
Sell 131 K USD
|
Jefferson William Jr.
EVP Operations & CSO |
- 4875
|
26.8 USD |
|
1 year ago
May 08, 2023
|
Sell 318 K USD
|
Cuccia Kimberly S
SVP, GC & Corp Sec |
- 11157
|
28.54 USD |
|
1 year ago
Mar 15, 2023
|
Sell 126 K USD
|
Berman Melanie B.
SVP & CHRO |
- 4526
|
27.893 USD |
|
1 year ago
Mar 15, 2023
|
Sell 8.31 K USD
|
Berman Melanie B.
SVP & CHRO |
- 298
|
27.895 USD |
|
3 years ago
Aug 20, 2021
|
Sell 507 K USD
|
Brown Donald Eugene
EVP, CFO and Pres Corp Svcs |
- 19762
|
25.68 USD |
|
3 years ago
Jul 01, 2021
|
Sell 132 K USD
|
Vegas Pablo
EVP, COO & President Utilities |
- 5384
|
24.54 USD |
|
3 years ago
May 28, 2021
|
Sell 76.8 K USD
|
Jesanis Michael E
Director |
- 3007
|
25.555 USD |
|
3 years ago
May 28, 2021
|
Sell 25.4 K USD
|
Jesanis Michael E
Director |
- 993
|
25.56 USD |
|
3 years ago
May 26, 2021
|
Bought 5.07 K USD
|
BUTLER ERIC L
Director |
+ 200
|
25.365 USD |
|
3 years ago
May 26, 2021
|
Bought 122 K USD
|
BUTLER ERIC L
Director |
+ 4800
|
25.37 USD |
|
3 years ago
May 25, 2021
|
Bought 5.06 K USD
|
BUTLER ERIC L
Director |
+ 200
|
25.325 USD |
|
3 years ago
May 25, 2021
|
Bought 122 K USD
|
BUTLER ERIC L
Director |
+ 4800
|
25.3823 USD |
|
3 years ago
May 12, 2021
|
Sell 59.5 K USD
|
Creekmur Daniel A
SVP, Utility Transformation |
- 2308
|
25.795 USD |
|
3 years ago
Mar 11, 2021
|
Sell 80 K USD
|
Hooper Michael
SVP and President, NIPSCO |
- 3600
|
22.23 USD |
|
3 years ago
Mar 11, 2021
|
Sell 31.1 K USD
|
Hooper Michael
SVP and President, NIPSCO |
- 1400
|
22.235 USD |
|
3 years ago
Mar 01, 2021
|
Sell 123 K USD
|
Vegas Pablo
EVP, COO & President Utilities |
- 5616
|
21.84 USD |
|
3 years ago
Dec 01, 2020
|
Sell 13.5 K USD
|
Anderson Shawn
SVP & Chief Strategy & Risk |
- 550
|
24.57 USD |
|
4 years ago
Nov 09, 2020
|
Sell 99.9 K USD
|
Creekmur Daniel A
SVP & President, Gas Utilities |
- 4114
|
24.29 USD |
|
4 years ago
Sep 15, 2020
|
Sell 37.1 K USD
|
Shafer Charles Edward II
SVP & Chief Safety Officer |
- 1650
|
22.495 USD |
|
4 years ago
Mar 04, 2020
|
Sell 375 K USD
|
Mulpas Joseph W
VP & Chief Accounting Officer |
- 12650
|
29.66 USD |
|
4 years ago
Mar 04, 2020
|
Sell 213 K USD
|
Surface Suzanne K.
Chief Services Officer |
- 7407
|
28.75 USD |
|
4 years ago
Mar 04, 2020
|
Sell 345 K USD
|
Hightman Carrie J
EVP & Chief Legal Officer |
- 11696
|
29.5 USD |
|
4 years ago
Mar 02, 2020
|
Sell 301 K USD
|
Vegas Pablo
EVP & President, Gas Utilities |
- 11148
|
27.02 USD |
|
5 years ago
Aug 14, 2019
|
Sell 174 K USD
|
Jesanis Michael E
Director |
- 6000
|
29.014 USD |
|
5 years ago
Aug 06, 2019
|
Sell 261 K USD
|
Brown Donald Eugene
EVP & Chief Financial Officer |
- 9300
|
28.04 USD |
|
5 years ago
Aug 06, 2019
|
Sell 19.6 K USD
|
Brown Donald Eugene
EVP & Chief Financial Officer |
- 700
|
28.05 USD |
|
5 years ago
Aug 02, 2019
|
Sell 1.19 M USD
|
Vegas Pablo
EVP & President, Gas Utilities |
- 39618
|
29.94 USD |
|
5 years ago
Aug 02, 2019
|
Sell 357 K USD
|
Mulpas Joseph W
VP & Chief Accounting Officer |
- 12000
|
29.78 USD |
|
5 years ago
Aug 02, 2019
|
Sell 659 K USD
|
Hightman Carrie J
EVP & Chief Legal Officer |
- 22000
|
29.96 USD |
|
5 years ago
Aug 02, 2019
|
Sell 404 K USD
|
Disser Peter T
Vice President, Audit |
- 13500
|
29.96 USD |
|
5 years ago
Aug 02, 2019
|
Sell 120 K USD
|
Jesanis Michael E
Director |
- 4000
|
29.96 USD |
|
5 years ago
Aug 05, 2019
|
Sell 1.18 M USD
|
Sistovaris Violet
EVP and President, NIPSCO |
- 40405
|
29.16 USD |
|
6 years ago
Nov 08, 2018
|
Sell 62.8 K USD
|
Brown Donald Eugene
EVP & Chief Financial Officer |
- 2400
|
26.18 USD |
|
6 years ago
Aug 10, 2018
|
Sell 496 K USD
|
Hightman Carrie J
EVP & Chief Legal Officer |
- 18553
|
26.75 USD |
|
6 years ago
Aug 10, 2018
|
Sell 226 K USD
|
Hightman Carrie J
EVP & Chief Legal Officer |
- 8447
|
26.76 USD |
|
6 years ago
Aug 08, 2018
|
Sell 63.6 K USD
|
Brown Donald Eugene
EVP & Chief Financial Officer |
- 2400
|
26.5 USD |
|
6 years ago
May 25, 2018
|
Bought 363 K USD
|
Vegas Pablo
EVP, Gas Business Seg & CCO |
+ 14500
|
25.02 USD |
|
6 years ago
May 23, 2018
|
Sell 166 K USD
|
Disser Peter T
Vice President, Audit |
- 6732.33
|
24.67 USD |
|
6 years ago
May 09, 2018
|
Bought 99.3 K USD
|
BUTLER ERIC L
Director |
+ 4000
|
24.825 USD |
|
6 years ago
May 07, 2018
|
Sell 399 K USD
|
Smith Teresa M
VP, Human Resources |
- 15748
|
25.35 USD |
|
7 years ago
Nov 03, 2017
|
Sell 24.6 K USD
|
Finissi Michael J
EVP Safety Capital & Tech Srvc |
- 900
|
27.37 USD |
|
7 years ago
Aug 14, 2017
|
Bought 52.9 K USD
|
Jesanis Michael E
Director |
+ 2000
|
26.44 USD |
|
7 years ago
May 25, 2017
|
Sell 176 K USD
|
Brown Donald Eugene
EVP & Chief Financial Officer |
- 6906
|
25.51 USD |
|
7 years ago
May 23, 2017
|
Sell 181 K USD
|
Vegas Pablo
EVP, Gas Business Seg & CCO |
- 7200
|
25.12 USD |
|
7 years ago
May 12, 2017
|
Sell 558 K USD
|
Sistovaris Violet
EVP and President, NIPSCO |
- 23005
|
24.26 USD |
|
7 years ago
May 12, 2017
|
Sell 377 K USD
|
Sistovaris Violet
EVP and President, NIPSCO |
- 15545
|
24.24 USD |
|
7 years ago
May 11, 2017
|
Sell 900 K USD
|
Stanley Jimmie L
EVP and COO |
- 37325
|
24.11 USD |
|
7 years ago
Mar 10, 2017
|
Sell 303 K USD
|
Mulpas Joseph W
VP & Chief Accounting Officer |
- 13000
|
23.28 USD |
|
7 years ago
Mar 10, 2017
|
Sell 559 K USD
|
Hightman Carrie J
EVP & Chief Legal Officer |
- 24000
|
23.28 USD |
|
7 years ago
Jan 09, 2017
|
Bought 270 K USD
|
Jesanis Michael E
Director |
+ 12000
|
22.53 USD |
|
8 years ago
Nov 16, 2016
|
Bought 469 K USD
|
Vegas Pablo
EVP & President Columbia Gas |
+ 21541.48
|
21.75 USD |
|
8 years ago
Aug 31, 2016
|
Sell 28.5 K USD
|
Smith Teresa M
VP, Human Resources |
- 1200
|
23.749 USD |
|
8 years ago
Mar 07, 2016
|
Sell 134 K USD
|
LEVANDER CARL W
EVP & Chief Regulatory Officer |
- 6000
|
22.39 USD |
|
8 years ago
Mar 02, 2016
|
Sell 646 K USD
|
Campbell Robert Dale
EVP, Corporate Affairs & HR |
- 30000
|
21.55 USD |
|
9 years ago
Jun 12, 2015
|
Sell 15.1 K USD
|
Parker Deborah S
Director |
- 329
|
46.031 USD |
|
9 years ago
Jun 12, 2015
|
Sell 144 K USD
|
Parker Deborah S
Director |
- 3100
|
46.306 USD |
|
9 years ago
May 28, 2015
|
Sell 70.7 K USD
|
Jesanis Michael E
Director |
- 1500
|
47.1301 USD |
|
9 years ago
May 20, 2015
|
Sell 143 K USD
|
KITTRELL MARTY R
Director |
- 3000
|
47.58 USD |
|
9 years ago
Feb 20, 2015
|
Sell 166 K USD
|
Parker Deborah S
Director |
- 3808.479
|
43.5 USD |
|
9 years ago
Feb 20, 2015
|
Sell 174 K USD
|
KITTRELL MARTY R
Director |
- 4000
|
43.5 USD |
|
10 years ago
Mar 06, 2014
|
Sell 249 K USD
|
Veurink Jon D
VP, Controller & CAO |
- 7176
|
34.71 USD |
|
10 years ago
Feb 28, 2014
|
Sell 245 K USD
|
Campbell Robert Dale
Senior VP, Human Resources |
- 7000
|
35.03 USD |
|
10 years ago
Feb 26, 2014
|
Sell 565 K USD
|
SMITH STEPHEN P
EVP & Chief Financial Officer |
- 16000
|
35.33 USD |
|
10 years ago
Feb 26, 2014
|
Sell 239 K USD
|
SMITH STEPHEN P
EVP & Chief Financial Officer |
- 6844.95
|
34.93 USD |
|
10 years ago
Feb 24, 2014
|
Sell 502 K USD
|
Hightman Carrie J
EVP & Chief Legal Officer |
- 14125
|
35.51 USD |
|
10 years ago
Feb 20, 2014
|
Sell 494 K USD
|
KETTERING GLEN L
Sr VP & Interim Group CEO |
- 14000
|
35.27 USD |
7. News
NiSource (NI) Is a Great Choice for 'Trend' Investors, Here's Why
NiSource (NI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
zacks.com
- 4 days ago
NiSource Inc. (NI) Q3 2024 Earnings Call Transcript
NiSource Inc. (NYSE:NI ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Chris Turnure - Director of Investor Relations Lloyd Yates - President and Chief Executive Officer Michael Luhrs - Executive Vice President of Strategy and Risk and Chief Commercial Officer Shawn Anderson - Executive Vice President and Chief Financial Officer Conference Call Participants Nicholas Campanella - Barclays Julien Dumoulin-Smith - Jefferies Richard Sunderland - JP. Morgan Durgesh Chopra - Evercore ISI Ross Fowler - Bank of America Travis Miller - Morningstar Gabriel Moreen - Mizuho Securities Ryan Levine - Citi Operator Thank you for standing by.
seekingalpha.com
- 2 weeks ago
NiSource Q3 Earnings Surpass Estimates, Revenues Miss
NI's third-quarter 2024 earnings and revenues increase year over year. Total operating expenses increase during the same period.
zacks.com
- 2 weeks ago
NiSource (NI) Tops Q3 Earnings Estimates
NiSource (NI) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago.
zacks.com
- 2 weeks ago
NiSource Announces Third Quarter 2024 Results
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended September 30, 2024, of $85.7 million, or $0.19 of earnings per diluted share, compared to net income available to common shareholders of $77.0 million, or $0.17 of earnings per diluted share, for the same period of 2023. For the nine months ended September 30, 2024, on a GAAP basis NiSource's net income available to common shareho.
businesswire.com
- 2 weeks ago
NiSource to Release Q3 Earnings: Here's What You Need to Know
NI's third-quarter results are expected to benefit from new natural gas rates, flat operation and maintenance expenses, and the completion of a new solar project.
zacks.com
- 2 weeks ago
Here's Why Momentum in NiSource (NI) Should Keep going
NiSource (NI) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
zacks.com
- 2 weeks ago
Evercore is bullish on utilities, upgrades from line to outperform
The surge in artificial intelligence has sparked a growing appetite for energy and power, creating a bullish environment for utilities (XLU). This trend has propelled the sector to outshine the broader market, prompting Evercore ISI to upgrade the utilities sector from In Line to Outperform.
youtube.com
- 1 month ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NiSource (NI) have what it takes?
zacks.com
- 1 month ago
Here's Why You Should Add NiSource Stock to Your Portfolio Now
NI makes a strong case for investment, given its growth prospects, efficient debt management and capability to increase shareholders' value through dividends.
zacks.com
- 1 month ago
NiSource to Release Financial Results and Host Conference Call on October 30
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, October 30, 2024, to review its third quarter 2024 financial results and provide a general business update. NiSource will release its third quarter 2024 financial results before U.S. financial markets open on October 30. All interested parties may listen to the conference call live on October 30 by logging onto the NiSource website a.
businesswire.com
- 1 month ago
Why NiSource (NI) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NiSource (NI) have what it takes?
zacks.com
- 1 month ago
8. Profile Summary
NiSource Inc. NI
COUNTRY
US
INDUSTRY
Regulated Gas
MARKET CAP
$ 17.1 B
Dividend Yield
0.76%
Description
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.
Contact
801 East 86th Avenue, Merrillville, IN, 46410
https://www.nisource.com
IPO Date
Dec. 16, 1962
Employees
7364
Officers
Mr. Lloyd M. Yates
President, Chief Executive Officer & Director
Mr. Vincent A. Parisi
President & Chief Operating Officer of NIPSCO
Mr. Gunnar J. Gode
Vice President, Chief Accounting Officer & Controller
Mr. William Jefferson Jr.
Executive Vice President & Chief Operating and Safety Officer
Mr. Michael S. Luhrs
Executive Vice President of Strategy & Risk and Chief Commercial Officer
Ms. Melanie B. Berman
Chief Human Resources Officer & Senior Vice President of Administration
Mr. Mark Kempic
President & Chief Operating Officer of Columbia Gas of Pennsylvania and Maryland
Ms. Melody Birmingham
Executive Vice President & Group President of Utilities
Ms. Kimberly S. Cuccia
Senior Vice President, General Counsel & Corporate Secretary
Mr. Shawn Anderson
Executive Vice President & Chief Financial Officer