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NiSource Inc NI

Morningstar Rating
$26.06 +0.21 (0.81%)
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Company Report

Price vs Fair Value

NI is trading within a range we consider fairly valued.
Price
$26.06
Fair Value
$98.00
Uncertainty
Low
1-Star Price
$71.99
5-Star Price
$27.60
Economic Moat
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Capital Allocation
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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 2025 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

Trading Information

Previous Close Price
$25.85
Day Range
$25.8026.20
52-Week Range
$22.8628.95
Bid/Ask
$25.97 / $26.47
Market Cap
$11.66 Bil
Volume/Avg
3 / 4.6 Mil

Key Statistics

Price/Earnings (Normalized)
16.59
Price/Sales
2.12
Dividend Yield (Trailing)
3.89%
Dividend Yield (Forward)
4.07%
Total Yield
3.89%

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

Competitors

Valuation

Metric
NI
LNT
CMS
Price/Earnings (Normalized)
16.5917.0518.45
Price/Book Value
1.501.802.31
Price/Sales
2.123.002.24
Price/Cash Flow
6.738.938.84
Price/Earnings
NI
LNT
CMS

Financial Strength

Metric
NI
LNT
CMS
Quick Ratio
0.600.140.40
Current Ratio
0.850.550.98
Interest Coverage
2.612.792.48
Quick Ratio
NI
LNT
CMS

Profitability

Metric
NI
LNT
CMS
Return on Assets (Normalized)
2.56%3.46%2.82%
Return on Equity (Normalized)
11.17%10.95%13.01%
Return on Invested Capital (Normalized)
5.39%7.05%6.37%
Return on Assets
NI
LNT
CMS
See how this stock stacks up to its competitors with Morningstar Investor

Utilities - Regulated Gas Industry Comparables

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Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
GASNF
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GASNY
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ATO
Atmos Energy CorpVppzhww$17.0 Bil
SNMRF
Snam SpAVtrcbb$15.7 Bil
SNMRY
Snam SpA ADRWzxryk$15.7 Bil
GAILF
GAIL (India) Ltd DRFdq$14.5 Bil
HOKCY
Hong Kong and China Gas Co Ltd ADRQshvd$14.4 Bil
NFE
New Fortress Energy Inc Class APbgf$7.2 Bil
NJR
New Jersey Resources CorpSbfywrk$4.1 Bil

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