NiSource
About: 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.
Employees: 7,411
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
460% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $2.16M
76% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 59
20% more capital invested
Capital invested by funds: $12.8B [Q2] → $15.3B (+$2.5B) [Q3]
7% more funds holding
Funds holding: 628 [Q2] → 673 (+45) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 9 (+0) [Q3]
0% less repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 231
0.53% less ownership
Funds ownership: 98.83% [Q2] → 98.3% (-0.53%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$38
5%
upside
Avg. target
$39
7%
upside
High target
$40
11%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Mizuho Gabriel Moreen 95% 1-year accuracy 35 / 37 met price target | 11%upside $40 | Outperform Maintained | 1 Nov 2024 |
Jefferies Julien Dumoulin-Smith 54% 1-year accuracy 73 / 135 met price target | 8%upside $39 | Buy Initiated | 28 Oct 2024 |
JP Morgan Richard Sunderland 60% 1-year accuracy 3 / 5 met price target | 5%upside $38 | Overweight Maintained | 23 Oct 2024 |
Barclays Nicholas Campanella 63% 1-year accuracy 45 / 71 met price target | 5%upside $38 | Overweight Maintained | 21 Oct 2024 |
Wells Fargo Sarah Akers 57% 1-year accuracy 8 / 14 met price target | 5%upside $38 | Overweight Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 5 articles about NI published over the past 30 days
Positive
Benzinga
3 days ago
Vistra, Entergy, NiSource, PG&E: 4 Utilities Power Up For Bullish 2025, Says JPMorgan
JPMorgan analysts Jeremy Tonet and Richard W. Sunderland believe utilities in North America are gearing up for a stellar 2025.
Positive
Zacks Investment Research
1 week ago
Dividend Investing: 5 Must-Have High-Yield S&P 500 Stocks for 2025
Amid inflation, geopolitical risks, and workforce shifts, high-yield dividend stocks like NI, SNA, PKG, CF, and MS provide a defensive investment strategy.
Positive
Zacks Investment Research
3 weeks ago
Why Is NiSource (NI) Up 8.8% Since Last Earnings Report?
NiSource (NI) reported earnings 30 days ago. What's next for the stock?
Positive
Zacks Investment Research
3 weeks ago
Recent Price Trend in NiSource (NI) is Your Friend, Here's Why
NiSource (NI) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Positive
Seeking Alpha
4 weeks ago
NiSource: Well-Positioned With Data Center Upside (Rating Upgrade)
NiSource has outperformed expectations, gaining 45% in a year, driven by optimism around data center demand and strong financial performance. The company's robust $19.3 billion capex plan aims to grow its rate base by 8-10% and EPS by 6-8% through 2029. NiSource's strategic equity issuance and strong balance sheet minimize dilution, enhancing long-term returns, potentially reaching 11.5% with data center growth.
Positive
Zacks Investment Research
1 month ago
Here's Why You Should Add NiSource Stock to Your Portfolio Now
NI makes a strong case for investment, given its growth prospects, debt management and capability to increase shareholders' value.
Positive
Zacks Investment Research
1 month ago
NiSource (NI) Is a Great Choice for 'Trend' Investors, Here's Why
NiSource (NI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Neutral
Seeking Alpha
1 month ago
NiSource Inc. (NI) Q3 2024 Earnings Call Transcript
NiSource Inc. (NYSE:NI ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Chris Turnure - Director of Investor Relations Lloyd Yates - President and Chief Executive Officer Michael Luhrs - Executive Vice President of Strategy and Risk and Chief Commercial Officer Shawn Anderson - Executive Vice President and Chief Financial Officer Conference Call Participants Nicholas Campanella - Barclays Julien Dumoulin-Smith - Jefferies Richard Sunderland - JP. Morgan Durgesh Chopra - Evercore ISI Ross Fowler - Bank of America Travis Miller - Morningstar Gabriel Moreen - Mizuho Securities Ryan Levine - Citi Operator Thank you for standing by.
Positive
Zacks Investment Research
1 month ago
NiSource Q3 Earnings Surpass Estimates, Revenues Miss
NI's third-quarter 2024 earnings and revenues increase year over year. Total operating expenses increase during the same period.
Positive
Zacks Investment Research
1 month ago
NiSource (NI) Tops Q3 Earnings Estimates
NiSource (NI) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago.
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