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NI

NI - NiSource Inc Stock Price, Fair Value and News

28.88USD+0.08 (+0.28%)Market Closed

Market Summary

NI
USD28.88+0.08
Market Closed
0.28%

NI Alerts

  • Big fall in Revenue (Y/Y)

NI Stock Price

View Fullscreen

NI RSI Chart

NI Valuation

Market Cap

12.9B

Price/Earnings (Trailing)

17.84

Price/Sales (Trailing)

2.5

Price/Free Cashflow

-13.34

NI Price/Sales (Trailing)

NI Profitability

Operating Margin

70.38%

Return on Equity

7.41%

Return on Assets

2.47%

Free Cashflow Yield

-7.49%

NI Fundamentals

NI Revenue

Revenue (TTM)

5.2B

Rev. Growth (Yr)

-16.43%

Rev. Growth (Qtr)

15.54%

NI Earnings

Earnings (TTM)

725.6M

Earnings Growth (Yr)

3.39%

Earnings Growth (Qtr)

45.03%

Breaking Down NI Revenue

Last 7 days

0.1%

Last 30 days

6.4%

Last 90 days

13.9%

Trailing 12 Months

1.1%

How does NI drawdown profile look like?

NI Financial Health

Current Ratio

0.66

Debt/Equity

1.2

Debt/Cashflow

0.15

NI Investor Care

Dividend Yield

3.57%

Dividend/Share (TTM)

1.03

Shares Dilution (1Y)

8.53%

Diluted EPS (TTM)

1.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20245.2B000
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
May 13, 2024
CANADA LIFE ASSURANCE Co
added
7.09
1,327,000
12,144,000
0.02%
May 13, 2024
INGALLS & SNYDER LLC
unchanged
-
27,000
659,000
0.03%
May 13, 2024
LEVEL FOUR ADVISORY SERVICES, LLC
unchanged
-
-
498,237
0.03%
May 13, 2024
Laurel Wealth Advisors LLC
new
-
1,411
1,411
-%
May 13, 2024
CIBC WORLD MARKETS CORP
reduced
-29.55
-429,207
1,184,260
0.01%
May 13, 2024
FIRST TRUST ADVISORS LP
added
667
59,604,400
68,125,900
0.07%
May 13, 2024
OSTRUM ASSET MANAGEMENT
unchanged
-
19,048
474,673
0.04%
May 13, 2024
Raleigh Capital Management Inc.
reduced
-93.87
-4,051
277
-%
May 13, 2024
CI INVESTMENTS INC.
added
23.23
36,000
163,000
-%
May 13, 2024
XPONANCE, INC.
added
8.16
180,855
1,606,940
0.02%

1–10 of 48

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
May 13, 2024
424B5
Prospectus Filed
May 13, 2024
8-K
Current Report
May 13, 2024
FWP
Prospectus Filed
May 08, 2024
10-Q
Quarterly Report
May 08, 2024
8-K
Current Report
Apr 12, 2024
PX14A6G
PX14A6G
Apr 01, 2024
DEFA14A
DEFA14A
Apr 01, 2024
DEF 14A
DEF 14A
Apr 01, 2024
ARS
ARS
Mar 21, 2024
3
Insider Trading

Peers (Alternatives to NiSource Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
698.2M
8.39% -12.53%
25.3K
3.5K
3.29% 8.78%
47.9B
19.3B
11.47% -0.15%
16.98
2.48
-2.13% 41.75%
25.9B
4.3B
14.82% -10.63%
27.05
6.02
10.78% 15.26%
20.0B
7.3B
3.82% -15.07%
17.31
2.75
-10.88% 5.77%
17.7B
4.1B
2.07% -2.35%
17.69
4.36
-11.13% 20.48%
17.2B
28.5B
11.51% 151.42%
10.45
0.6
-9.05% 188.86%
14.4B
12.5B
18.52% -8.98%
-2.2K
1.15
-3.77% 98.49%
14.4B
8.3B
4.34% -9.07%
16.12
1.74
0.05% 30.98%
MID-CAP
8.7B
4.7B
6.58% -4.73%
16.22
1.86
4.84% 12.15%
3.7B
1.7B
8.90% 2.57%
15.29
2.13
-1.93% 32.23%
3.0B
1.9B
12.53% -13.08%
15.93
1.59
9.47% 35.66%
SMALL-CAP
448.0M
180.2M
14.96% 60.81%
15.07
2.49
91.50% 388.02%
168.3M
2.0M
7.76% -40.48%
-5.35
83.75
33.96% -26.84%
35.4M
415.8M
0.46% -13.52%
1.49
0.09
-11.16% 525.10%
8.0M
-
-23.48% -36.08%
-10.77
12.3
-88.45% 83.25%

NiSource Inc News

Latest updates
Yahoo News UK • 13 hours ago
Business Wire • 27 hours ago
Yahoo News UK • 12 May 2024 • 11:08 pm
Defense World • 06 May 2024 • 08:18 pm
Simply Wall St • 03 May 2024 • 10:26 am
CNN • 2 months ago

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue15.5%1,6431,4221,0271,0901,9661,7051,0901,1831,8731,4099599861,5461,2119039631,6061,3979321,0101,870
Cost Of Revenue------------------404197254680
Gross Profit------------------1,3979321,0101,870
Operating Expenses6.0%1,1231,0597949211,4351,3399331,0401,2731,1248128441,1129938108711,4571,4358415471,496
Interest Expenses-17.5%11614112911110910292.0085.0084.0088.0084.0085.0085.0086.0095.0097.0093.0093.0096.0094.0096.00
Income Taxes112.3%76.0036.004.0014.0086.0045.0012.0012.0096.0027.0015.0013.0063.0057.00-64.906.00-14.903.00-10.2072.0059.00
Net Income45.0%34423785.0059.0033324566.0067.0042716663.0060.0029684.00-172-4.7076.00-1397.00297219
Net Income Margin7.9%0.14*0.13*0.12*0.12*0.12*0.14*0.13*0.13*0.14*0.12*0.11*0.06*---------
Free Cashflow63.1%-133-361-378-97.20126-306-477-139130-266-258-176---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-5.6%29,33831,07727,82827,34426,85426,73725,57624,81424,36624,15722,77922,31422,19522,04122,70222,43722,59322,66022,13221,97421,890
  Current Assets-54.2%2,0604,4991,8151,8572,3372,5842,2291,9121,8721,9211,4711,3841,5941,6592,8212,8603,2251,8541,3781,5781,916
    Cash Equivalents-93.7%1412,24556.0015110641.0079.0010013084.0056.0090.0097.0012668.0015421314837.0032.00161
  Goodwill0%1,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,486-1,6912051,691
  Current Liabilities-40.6%3,1255,2654,3954,0913,9074,6613,9113,0152,5952,7462,2471,7072,2592,2793,4473,2284,1623,7463,3403,8144,015
  Short Term Borrowings-59.9%1,2223,0492,2201,5901,2821,7621,274555520560380-5205031,3881,1642,0461,7731,6152,0812,080
  Long Term Debt6.1%11,72511,05611,01111,00310,2659,5249,5219,5209,1809,1839,1889,2029,2029,2209,2098,8107,8187,8567,8547,1107,110
Shareholder's Equity18.4%9,7958,2707,2127,5718,0047,5757,5067,5407,5317,2736,5846,6146,0265,8385,4255,6625,7415,9875,8495,9765,780
  Retained Earnings10.9%-861-967-1,200-1,173-1,114-1,213-1,458-1,408-1,372-1,580-1,746-1,704-1,669-1,765-1,849-1,576-1,483-1,370-1,231-1,144-1,358
  Additional Paid-In Capital0.1%8,8878,8807,3937,3837,3737,3757,2257,2197,2097,2046,7356,7286,8936,8906,6846,6776,6726,6666,4276,4176,407
Shares Outstanding0.2%448447413413413412407406406394393393---------
Minority Interest1.7%1,8991,86755734133032631231633032689.0090.0094.0086.00-------
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations14.3%456399345508683373129327580279236255448245151338370352306527399
Cashflow From Investing32.3%-723-1,068-1,127-647-727-887-731-580-370-810-531-460-401521-513-402-484-528-495-522-375
Cashflow From Financing-165.9%-1,8732,844698183117511582222-173571261200-75.40-7082765.00179289195-13216.00
  Dividend Payments14.7%11910310410310396.0095.0095.0095.0086.0086.0086.0086.0081.0080.0080.0080.0075.0075.0075.0075.00
  Buy Backs----------------------
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NI Income Statement

2024-03-31
Statements Of Consolidated Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues  
Customer revenues$ 1,643.0$ 1,896.1
Other revenues63.369.9
Total Operating Revenues1,706.31,966.0
Operating Expenses  
Cost of energy425.0765.1
Operation and maintenance378.4391.2
Depreciation and amortization242.1206.9
Other taxes77.471.8
Operating Costs and Expenses1,122.91,435.0
Operating Income583.4531.0
Other Income (Deductions)  
Interest expense, net(116.3)(108.9)
Other, net9.21.5
Total Other Deductions, Net(107.1)(107.4)
Income before Income Taxes476.3423.6
Income Taxes76.085.8
Net Income400.3337.8
Net income (loss) attributable to noncontrolling interest35.34.8
Net Income Attributable to NiSource365.0333.0
Preferred Stock Redemption Premium(14.0)0.0
Preferred dividends(6.7)(13.8)
Net Income Available to Common Shareholders$ 344.3$ 319.2
Earnings Per Share  
Basic Earnings Per Share$ 0.77$ 0.77
Diluted Earnings Per Share$ 0.77$ 0.71
Basic Average Common Shares Outstanding447.9412.8
Diluted Average Common Shares449.4447.1
Noncontrolling Interest  
Other Income (Deductions)  
Net income (loss) attributable to noncontrolling interest $ 4.8
Preferred Stock Redemption Premium$ 0.0 

NI Balance Sheet

2024-03-31
Statements of Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Property, Plant and Equipment  
Plant$ 31,300.6$ 30,482.1
Accumulated depreciation and amortization(8,354.5)(8,207.2)
Net Property, Plant and Equipment[1]22,946.122,274.9
Investments and Other Assets  
Unconsolidated affiliates5.45.3
Available-for-sale debt securities (amortized cost of $160.2 and $169.0, allowance for credit losses of $0.4 and $0.6, respectively)150.1159.1
Other investments86.882.7
Total Investments and Other Assets242.3247.1
Current Assets  
Cash and cash equivalents102.22,245.4
Restricted Cash38.335.7
Accounts receivable877.2884.9
Allowance for credit losses(31.6)(22.9)
Accounts receivable, net845.6862.0
Gas storage70.1265.8
Materials and supplies, at average cost187.2172.1
Electric production fuel, at average cost66.365.3
Exchange gas receivable43.266.0
Regulatory assets260.4214.3
Prepayments and other161.1118.6
Total Current Assets[1]2,060.24,499.4
Other Assets  
Regulatory assets2,231.72,245.9
Goodwill1,485.91,485.9
Deferred charges and other371.9324.0
Total Other Assets4,089.54,055.8
Total Assets29,338.131,077.2
Stockholders' Equity  
Common stock - $0.01 par value,750,000,000 shares authorized; 448,197,604 and 447,381,671 shares outstanding, respectively$ 4.5$ 4.5
Preferred Stock, Shares Outstanding040,000
Preferred stock - $0.01 par value, 20,000,000 shares authorized; 0 and 40,000 shares outstanding, respectively$ 0.0$ 486.1
Treasury stock(99.9)(99.9)
Additional paid-in capital8,886.88,879.5
Retained deficit(861.7)(967.0)
Accumulated other comprehensive loss(33.8)(33.6)
Total NiSource Stockholders’ Equity7,895.98,269.6
Noncontrolling interest in consolidated subsidiaries1,899.01,866.7
Total Stockholders' Equity9,794.910,136.3
Long-term debt, excluding amounts due within one year11,724.611,055.5
Total Capitalization21,519.521,191.8
Current Liabilities  
Current portion of long-term debt24.023.8
Short-term borrowings1,222.33,048.6
Accounts payable612.5749.4
Dividends payable - common stock119.00.0
Customer deposits and credits189.5294.4
Taxes accrued169.5166.2
Interest accrued148.6136.1
Exchange gas payable17.150.5
Regulatory liabilities237.6278.6
Asset Retirement Obligation78.072.5
Accrued compensation and employee benefits136.0227.6
Other accruals170.9217.4
Total Current Liabilities[2]3,125.05,265.1
Other Liabilities  
Deferred income taxes2,159.52,080.4
Accrued liability for postretirement and postemployment benefits244.8250.1
Regulatory liabilities1,482.01,510.7
Asset retirement obligations509.6480.5
Other noncurrent liabilities297.7298.6
Total Other Liabilities[2]4,693.64,620.3
Total Capitalization and Liabilities$ 29,338.1$ 31,077.2
Common Stock, Shares Authorized750,000,000750,000,000
Common Stock, No Par Value$ 0.01$ 0.01
Deposits to renewable generation asset developer$ 285.8$ 454.2
Joint Ventures  
Property, Plant and Equipment  
Net Property, Plant and Equipment1,358.2 
Current Assets  
Total Current Assets60.863.6
Current Liabilities  
Total Current Liabilities60.968.3
Other Liabilities  
Total Other Liabilities$ 56.3$ 55.7
[1]Includes $1,358.2 million and $1,369.8 million at March 31, 2024 and December 31, 2023, respectively, of net property, plant and equipment assets and $60.8 million and $63.6 million at March 31, 2024 and December 31, 2023, respectively, of current assets of consolidated VIEs that may be used only to settle obligations of the consolidated VIEs. Note 4, "Noncontrolling Interests," for additional information.
[2]Includes $60.9 million and $68.3 million at March 31, 2024 and December 31, 2023, respectively, of current liabilities and $56.3 million and $55.7 million at March 31, 2024 and December 31, 2023, respectively, of other liabilities of consolidated VIEs that creditors do not have recourse to our general credit. Refer to Note 4, "Noncontrolling Interests," 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 Mon May 13 2024, market cap of NiSource Inc is 12.91 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 Mon May 13 2024, NI's PE ratio (Price to Earnings) is 17.79 and Price to Sales (PS) ratio is 2.49. 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 0.103 (multiply by 100 for percentage) rate of return.