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NI

NI - NiSource Inc Stock Price, Fair Value and News

28.19USD+0.26 (+0.93%)Market Closed

Market Summary

NI
USD28.19+0.26
Market Closed
0.93%

NI Stock Price

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NI RSI Chart

NI Valuation

Market Cap

12.5B

Price/Earnings (Trailing)

17.51

Price/Sales (Trailing)

2.27

Price/Free Cashflow

-17.59

NI Price/Sales (Trailing)

NI Profitability

Operating Margin

72.12%

Return on Equity

8.64%

Return on Assets

2.3%

Free Cashflow Yield

-5.68%

NI Fundamentals

NI Revenue

Revenue (TTM)

5.5B

Rev. Growth (Yr)

-16.58%

Rev. Growth (Qtr)

38.41%

NI Earnings

Earnings (TTM)

714.3M

Earnings Growth (Yr)

-2.9%

Earnings Growth (Qtr)

178.97%

Breaking Down NI Revenue

Last 7 days

5.2%

Last 30 days

3.1%

Last 90 days

11.0%

Trailing 12 Months

-2.1%

How does NI drawdown profile look like?

NI Financial Health

Current Ratio

0.85

Debt/Equity

1.34

Debt/Cashflow

0.18

NI Investor Care

Dividend Yield

3.58%

Dividend/Share (TTM)

1

Shares Dilution (1Y)

8.49%

Diluted EPS (TTM)

1.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20235.9B5.9B5.8B5.5B
20225.2B5.4B5.6B5.9B
20214.6B4.6B4.7B4.9B
20204.9B4.9B4.9B4.7B
20195.2B5.2B5.3B5.2B
20184.9B4.9B4.9B5.1B
20174.7B4.7B4.8B4.7B
20164.2B4.2B4.3B4.5B
20155.1B5.0B4.9B4.7B
20145.9B5.7B5.5B5.3B
20135.2B5.3B5.5B5.7B
20125.4B5.2B5.1B5.0B
20116.2B6.3B6.2B6.0B
20106.3B6.2B6.4B6.4B
200908.1B7.4B6.7B
20080008.9B
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Tracking the Latest Insider Buys and Sells of NiSource Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 19, 2024
mcavoy john
acquired
24,880
26.84
927
-
Mar 15, 2024
gode gunnar
sold
-25,133
26.456
-950
vp & chief accounting officer
Mar 06, 2024
brown donald eugene
sold
-1,003,980
26.78
-37,490
evp & chief innovation officer
Mar 05, 2024
berman melanie b.
sold
-296,963
26.655
-11,141
svp & chro
Feb 28, 2024
gode gunnar
acquired
314,388
25.85
12,162
vp & chief accounting officer
Feb 28, 2024
gode gunnar
sold (taxes)
-123,796
25.85
-4,789
vp & chief accounting officer
Feb 28, 2024
hooper michael
acquired
570,122
25.85
22,055
svp and president, nipsco
Feb 28, 2024
cuccia kimberly s
acquired
226,343
25.85
8,756
svp, gc & corp sec
Feb 28, 2024
brown donald eugene
sold (taxes)
-1,208,130
25.85
-46,736
evp & chief innovation officer
Feb 28, 2024
berman melanie b.
acquired
468,480
25.85
18,123
svp & chro

1–10 of 50

Which funds bought or sold NI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
WESBANCO BANK INC
added
10.15
709,676
5,519,800
0.21%
Apr 23, 2024
REGIONS FINANCIAL CORP
added
1.12
20,876
411,055
-%
Apr 23, 2024
Sugarloaf Wealth Management, LLC
unchanged
-
106
2,655
-%
Apr 23, 2024
Livforsakringsbolaget Skandia, Omsesidigt
added
375
41,900
52,516
-%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
reduced
-3.26
4,000
575,000
0.02%
Apr 23, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
new
-
4,708,730
4,708,730
0.08%
Apr 23, 2024
Venturi Wealth Management, LLC
reduced
-8.81
-30,089
572,093
0.04%
Apr 23, 2024
BFSG, LLC
reduced
-0.3
220,032
5,915,640
0.78%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-3.6
2,856
666,606
0.01%
Apr 23, 2024
FIFTH THIRD BANCORP
added
7.18
28,453
272,368
-%

1–10 of 49

Are Funds Buying or Selling NI?

Are funds buying NI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NI
No. of Funds

Unveiling NiSource Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
13.05%
53,932,502
SC 13G/A
Jan 29, 2024
state street corp
5.33%
22,022,402
SC 13G/A
Jan 24, 2024
blackrock inc.
9.5%
39,359,834
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
1.5%
6,295,878
SC 13G/A
Feb 09, 2023
vanguard group inc
12.82%
52,054,948
SC 13G/A
Feb 07, 2023
state street corp
5.56%
22,596,044
SC 13G/A
Jan 27, 2023
blackrock inc.
10.6%
43,425,768
SC 13G/A
Jan 23, 2023
blackrock inc.
11.2%
45,669,748
SC 13G/A
Mar 11, 2022
blackrock inc.
13.6%
53,642,586
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
6.7%
27,162,692
SC 13G/A

Recent SEC filings of NiSource Inc

View All Filings
Date Filed Form Type Document
Apr 12, 2024
PX14A6G
PX14A6G
Apr 01, 2024
ARS
ARS
Apr 01, 2024
DEF 14A
DEF 14A
Apr 01, 2024
DEFA14A
DEFA14A
Mar 21, 2024
3
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
8-K
Current Report
Mar 18, 2024
8-K
Current Report
Mar 15, 2024
8-K
Current Report

Peers (Alternatives to NiSource Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
44.4B
19.0B
3.12% -9.23%
20.06
2.34
-3.35% -4.03%
23.3B
4.2B
1.79% -20.89%
24.73
5.51
11.66% 15.12%
19.7B
7.5B
3.24% -18.43%
17.03
2.63
-5.74% 7.23%
17.7B
3.9B
0.92% 1.22%
19.18
4.49
-15.47% 16.09%
14.9B
28.8B
6.42% 104.23%
-73.61
0.52
-8.62% -116.54%
14.3B
8.3B
2.96% -10.05%
18.14
1.72
4.87% -10.78%
12.2B
12.7B
5.42% -28.09%
60.95
0.96
0.40% 141.39%
2.3B
670.6M
0.69% -17.52%
26.95
3.5
-1.48% -2.88%
MID-CAP
8.5B
4.7B
2.04% -7.93%
16.29
1.8
8.59% 3.59%
3.4B
1.9B
2.22% -6.21%
13.93
1.83
19.68% 30.53%
2.8B
1.7B
5.58% -20.45%
16.25
1.6
2.36% 10.31%
SMALL-CAP
392.1M
180.2M
-13.82% 45.00%
13.18
2.18
91.50% 388.02%
150.2M
2.0M
-14.50% -47.79%
-4.78
74.74
33.96% -26.84%
34.9M
436.8M
-0.82% -0.09%
2.33
0.08
-5.23% 97.61%
9.4M
-
6.09% -19.21%
-12.58
12.3
-88.45% 83.25%

NiSource Inc News

Latest updates
MarketBeat • 22 Apr 2024 • 06:16 pm
Yahoo Movies UK • 22 Apr 2024 • 10:55 am
MarketBeat • 19 Apr 2024 • 10:02 am
Simply Wall St • 05 Apr 2024 • 07:00 am
Yahoo Finance • 22 Mar 2024 • 07:00 am
InvestorsObserver • 21 Mar 2024 • 07:00 am
Business Wire • 19 Mar 2024 • 07:00 am
CNN • 12 Mar 2024 • 05:21 pm
InvestorsObserver • 05 Mar 2024 • 08:00 am

NiSource Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue38.4%1,4221,0271,0901,9661,7051,0901,1831,8731,4099599861,5461,2119039631,6061,3979321,0101,8701,462
Cost Of Revenue-----------------404197254680502
Gross Profit-----------------1,3979321,0101,8701,462
Operating Expenses33.4%1,0597949211,4351,3399331,0401,2731,1248128441,1129938108711,4571,4358415471,4961,540
Interest Expenses9.1%14112911110910292.0085.0084.0088.0084.0085.0085.0086.0095.0097.0093.0093.0096.0094.0096.0088.00
Income Taxes842.1%36.004.0014.0086.0045.0012.0012.0096.0027.0015.0013.0063.0057.00-64.906.00-14.903.00-10.2072.0059.00-153
Net Income179.0%23785.0059.0033324566.0067.0042716663.0060.0029684.00-172-4.7076.00-1397.00297219-11.70
Net Income Margin4.1%0.13*0.12*0.12*0.12*0.14*0.13*0.13*0.14*0.12*0.11*0.06*0.04*---------
Free Cashflow4.7%-361-378-97.20126-306-477-139130-266-258-17681.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets11.7%31,07727,82827,34426,85426,73725,57624,81424,36624,15722,77922,31422,19522,04122,70222,43722,59322,66022,13221,97421,89021,804
  Current Assets147.8%4,4991,8151,8572,3372,5842,2291,9121,8721,9211,4711,3841,5941,6592,8212,8603,2251,8541,3781,5781,9162,055
    Cash Equivalents3909.6%2,24556.0015110641.0079.0010013084.0056.0090.0097.0012668.0015421314837.0032.00161121
  Goodwill0%1,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,486-1,6912051,6911,691
  Current Liabilities19.8%5,2654,3954,0913,9074,6613,9113,0152,5952,7462,2471,7072,2592,2793,4473,2284,1623,7463,3403,8144,0154,037
  Short Term Borrowings37.3%3,0492,2201,5901,2821,7621,274555520560380-5205031,3881,1642,0461,7731,6152,0812,0801,977
  Long Term Debt0.4%11,05611,01111,00310,2659,5249,5219,5209,1809,1839,1889,2029,2029,2209,2098,8107,8187,8567,8547,1107,1107,105
Shareholder's Equity14.7%8,2707,2127,5718,0047,5757,5067,5407,5317,2736,5846,6146,0265,8385,4255,6625,7415,9875,8495,9765,7805,751
  Retained Earnings19.5%-967-1,200-1,173-1,114-1,213-1,458-1,408-1,372-1,580-1,746-1,704-1,669-1,765-1,849-1,576-1,483-1,370-1,231-1,144-1,358-1,399
  Additional Paid-In Capital20.1%8,8807,3937,3837,3737,3757,2257,2197,2097,2046,7356,7286,8936,8906,6846,6776,6726,6666,4276,4176,4076,404
Shares Outstanding8.2%447413413413412407406406394393393393---------
Minority Interest235.2%1,86755734133032631231633032689.0090.0094.0086.00--------
Float---11,285---11,951---9,580---8,672---10,713--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations15.7%399345508683373129327580279236255448245151338370352306527399-387
Cashflow From Investing5.3%-1,068-1,127-647-727-887-731-580-370-810-531-460-401521-513-402-484-528-495-522-375-549
Cashflow From Financing307.2%2,844698183117511582222-173571261200-75.40-7082765.00179289195-13216.001,004
  Dividend Payments-0.1%10310410310396.0095.0095.0095.0086.0086.0086.0086.0081.0080.0080.0080.0075.0075.0075.0075.0071.00
  Buy Backs----------------------

NI Income Statement

2023-12-31
Statements Of Consolidated Income (Loss) - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Revenues   
Customer revenues$ 5,347.8$ 5,738.6$ 4,731.3
Other revenues157.6112.0168.3
Total Operating Revenues5,505.45,850.64,899.6
Operating Expenses   
Cost of energy1,533.32,110.51,392.3
Operation and maintenance1,494.91,489.41,456.0
Depreciation and amortization908.2820.8748.4
Loss (gain) on sale of assets, net2.9(104.2)7.7
Other taxes270.6268.3288.3
Total Operating Expenses4,209.94,584.83,892.7
Operating Income1,295.51,265.81,006.9
Other Income (Deductions)   
Interest expense, net(489.6)(361.6)(341.1)
Other, net8.052.240.8
Total Other Deductions, Net(481.6)(309.4)(300.3)
Income before Income Taxes813.9956.4706.6
Income Taxes139.5164.6117.8
Net Income674.4791.8588.8
Net (loss) income attributable to noncontrolling interest  3.9
Net Income attributable to NiSource714.3804.1584.9
Preferred dividends(42.8)(55.1)(55.1)
Net Income Available to Common Shareholders$ 661.7$ 749.0$ 529.8
Earnings Per Share   
Basic Earnings Per Share$ 1.59$ 1.84$ 1.35
Diluted Earnings Per Share$ 1.48$ 1.70$ 1.27
Average common shares outstanding - Basic416,100407,100393,600
Diluted Average Common Shares447,900442,700417,300
Preferred Stock Redemption Premium$ (9.8)$ 0.0$ 0.0

NI Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Property, Plant and Equipment  
Plant$ 30,482.1$ 27,551.3
Accumulated depreciation and amortization(8,207.2)(7,708.7)
Net Property, Plant and Equipment[1]22,274.919,842.6
Investments and Other Assets  
Unconsolidated affiliates5.31.6
Available-for-sale debt securities (amortized cost of $169.0 and $166.7, allowance for credit losses of $0.6 and $0.9, respectively)159.1151.6
Other investments82.771.0
Total Investments and Other Assets247.1224.2
Current Assets  
Cash and cash equivalents2,245.440.8
Restricted cash35.734.6
Accounts receivable884.91,065.8
Allowance for credit losses(22.9)(23.9)
Accounts receivable, net862.01,041.9
Gas inventory265.8531.7
Materials and supplies, at average cost172.1151.4
Electric production fuel, at average cost65.368.8
Exchange gas receivable66.0128.1
Regulatory assets214.3233.2
Deposits to renewable generation asset developer454.2143.8
Prepayments and other118.6210.0
Total Current Assets[1]4,499.42,584.3
Other Assets  
Regulatory assets2,245.92,347.6
Goodwill1,485.91,485.9
Deferred charges and other324.0252.0
Total Other Assets4,055.84,085.5
Total Assets31,077.226,736.6
Stockholders' Equity  
Common stock - $0.01 par value, 750,000,000 shares authorized; 447,381,671 and 412,142,602 shares outstanding, respectively4.54.2
Preferred stock - $0.01 par value, 20,000,000 shares authorized; 40,000 and 1,302,500 shares outstanding, respectively486.11,546.5
Treasury stock(99.9)(99.9)
Additional paid-in capital8,879.57,375.3
Retained deficit(967.0)(1,213.6)
Accumulated other comprehensive loss(33.6)(37.1)
Total NiSource Stockholders' Equity8,269.67,575.4
Noncontrolling interest in consolidated subsidiaries1,866.7326.4
Total Stockholders’ Equity10,136.37,901.8
Long-term debt, excluding amounts due within one year11,055.59,523.6
Total Capitalization21,191.817,425.4
Current Liabilities  
Current portion of long-term debt23.830.0
Short-term borrowings3,048.61,761.9
Accounts payable749.4899.5
Customer deposits and credits294.4324.7
Taxes accrued166.2246.2
Interest accrued136.1138.4
Exchange gas payable50.5147.6
Regulatory liabilities278.6236.8
Accrued compensation and employee benefits227.6167.5
Other accruals217.4325.2
Total Current Liabilities5,265.14,660.5
Other Liabilities  
Deferred Income Tax Liabilities, Net2,080.41,854.5
Accrued liability for postretirement and postemployment benefits250.1245.5
Regulatory liabilities1,510.71,775.8
Asset retirement obligations480.5478.1
Other noncurrent liabilities298.6296.8
Total Other Liabilities(1)4,620.34,650.7
Total Capitalization and Liabilities31,077.226,736.6
Obligations to renewable generation asset developer0.0347.2
Asset Retirement Obligation, Current$ 72.5$ 35.5
[1]
(1)Includes $1,369.8 million and $978.5 million in 2023 and 2022, respectively, of net property, plant and equipment assets and $63.6 million and $25.7 million in 2023 and 2022, respectively, of current assets of consolidated VIEs that may be used only to settle obligations of the consolidated VIEs. Refer to Note 4, "Noncontrolling Interest," for additional information.
NI
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 859,000 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 54,800 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 486,000 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.
 CEO
 WEBSITEnisource.com
 INDUSTRYUtilities Regulated Electric
 EMPLOYEES7117

NiSource Inc Frequently Asked Questions


What is the ticker symbol for NiSource Inc? What does NI stand for in stocks?

NI is the stock ticker symbol of NiSource Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NiSource Inc (NI)?

As of Tue Apr 23 2024, market cap of NiSource Inc is 12.5 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NI stock?

You can check NI's fair value in chart for subscribers.

What is the fair value of NI stock?

You can check NI's fair value in chart for subscribers. The fair value of NiSource Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NiSource Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NiSource Inc a good stock to buy?

The fair value guage provides a quick view whether NI is over valued or under valued. Whether NiSource Inc is cheap or expensive depends on the assumptions which impact NiSource Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NI.

What is NiSource Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, NI's PE ratio (Price to Earnings) is 17.51 and Price to Sales (PS) ratio is 2.27. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NiSource Inc's stock?

In the past 10 years, NiSource Inc has provided 0.101 (multiply by 100 for percentage) rate of return.