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NiSource Continues to Find Opportunities for Growth Investments
NiSource's focus on electric and gas infrastructure, including renewable energy, creates growth opportunities that could last for a decade or longer.
NiSource Inc NI
Bulls Say, Bears Say
Bulls
We expect the dividend to grow near 6% annually during the next few years before accelerating to keep pace with earnings in 2026 and beyond.
Bears
Industrial customers account for over half of NiSource's electric sales, higher than most utilities. Industrial sales are more sensitive to the economy than residential and commercial sales.
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News
-
NiSource to release financial results and host conference call on August 7
-
NiSource Celebrates Multiple Brands Named as 2024 Most Trusted Utility Brands Award Recipients
-
NiSource Demonstrates Commitment to Furthering a More Sustainable and Inclusive Future through 2024 ESG Report
-
NiSource achieves international certification for system and safety management practices
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NiSource declares common stock dividends
-
NiSource Announces First Quarter 2024 Results
-
NiSource Raises 2024 Earnings Outlook After Blackstone Deal
-
Blackstone paying $2.41B in minority stake deal with NiSource unit
Trading Information
- Previous Close Price
- $31.08
- Day Range
- $31.16–31.46
- 52-Week Range
- $22.86–31.55
- Bid/Ask
- $28.85 / $34.00
- Market Cap
- $14.05 Bil
- Volume/Avg
- 2.2 Mil / 4.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 19.95
- Price/Sales
- 2.68
- Dividend Yield (Trailing)
- 3.29%
- Dividend Yield (Forward)
- 3.38%
- Total Yield
- 3.29%
Company Profile
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, including coal, natural gas, and renewable energy.
- Sector
- Utilities
- Industry
- Utilities - Regulated Gas
- Stock Style Box
- Mid Value
- Total Number of Employees
- 7,411
- Website
- https://www.nisource.com
Competitors
Valuation
|
Metric
|
NI
|
CMS
|
LNT
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.95 | 19.14 | 20.00 |
Price/Book Value | 1.78 | 2.42 | 2.11 |
Price/Sales | 2.68 | 2.51 | 3.58 |
Price/Cash Flow | 7.75 | 9.37 | 10.48 |
Price/Earnings
NI
CMS
LNT
Financial Strength
|
Metric
|
NI
|
CMS
|
LNT
|
|---|---|---|---|
Quick Ratio | 0.32 | 0.60 | 0.23 |
Current Ratio | 0.66 | 1.18 | 0.56 |
Interest Coverage | 2.68 | 2.52 | 2.60 |
Quick Ratio
NI
CMS
LNT
Profitability
|
Metric
|
NI
|
CMS
|
LNT
|
|---|---|---|---|
Return on Assets (Normalized) | 2.51% | 2.61% | 3.64% |
Return on Equity (Normalized) | 10.52% | 11.84% | 11.43% |
Return on Invested Capital (Normalized) | 5.28% | 6.08% | 6.89% |
Return on Assets
NI
CMS
LNT
Utilities - Regulated Gas Industry Comparables
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1-Day Chart
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