1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
NiSource continues to transition away from its roots as a natural gas distribution and midstream company. An increasing focus on electric infrastructure and renewable energy will be a key growth driver in the coming years, creating a more even mix of earnings from its natural gas and electric businesses.
NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource’s electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, most of which is now coal-fired but is being replaced by natural gas and renewable energy.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of NI’s competitive advantage.
NiSource Inc
XNYS: NI
| Alliant Energy Corp
XNAS: LNT
| CMS Energy Corp
XNYS: CMS
| WEC Energy Group Inc
XNYS: WEC
| |
Price
| 26.69 | 51.25 | 56.37 | 85.44 |
Currency
| USD | USD | USD | USD |
Change
| −$0.37 (1.37%) | −$0.08 (0.16%) | −$0.14 (0.25%) | −$0.87 (1.01%) |
Market Cap
| 11.03 Bil | 12.95 Bil | 16.44 Bil | 26.95 Bil |
Industry
| Utilities - Regulated Gas | Utilities - Regulated Electric | Utilities - Regulated Electric | Utilities - Regulated Electric |
Sector
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Utilities
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Utilities
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Utilities
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Utilities
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* Trading data in this section is delayed by at least 15 minutes.
Yes. NI has a forward dividend yield of 3.75%.
See
NI’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
NI’s market cap is 11.03 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
NI’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
NI’s price/sales is 2.03.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
NI’s price/forward earnings is 18.53.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
NI’s price/book is 1.81.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See NI’s valuation ratios compared to the Market Index.
NI’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare NI’s historical performance against its industry peers and the overall market.
