NiSource (NI)
(Delayed Data from NYSE)
$27.93 USD
+0.02 (0.07%)
Updated Apr 23, 2024 03:59 PM ET
After-Market: $27.96 +0.03 (0.11%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth D Momentum D VGM
Company Summary
NiSource Inc., a Merrillville, IN-based energy holding company, was founded in 1912. The company, together with its subsidiaries, provides natural gas, electricity and other products and services in the United States. Its operating subsidiaries deliver energy to nearly 4 million customers in six states — Ohio, Pennsylvania, Virginia, Kentucky, Maryland and Indiana.
NiSource has one of the nation’s largest natural gas distribution networks as measured by number of customers. NiSource’s principal subsidiary is NiSource Gas Distribution Group, Inc., which is a natural gas distribution holding company. The company generates the majority of its operating income from ...
Company Summary
NiSource has one of the nation’s largest natural gas distribution networks as measured by number of customers. NiSource’s principal subsidiary is NiSource Gas Distribution Group, Inc., which is a natural gas distribution holding company. The company generates the majority of its operating income from its rate-regulated businesses.
NiSource’s reportable segment, Gas Distribution Operations, serves around 3.3 million customers in six states, and operates about 55,000 miles of distribution and transmission pipelines. Through its wholly-owned subsidiary NiSource Gas Distribution Group, it owns five distribution subsidiaries that provide natural gas to approximately 2.4 million residential, commercial and industrial customers in five states. In addition, NiSource generates, transmits and distributes electricity through its subsidiary Northern Indiana Public Service Company (NIPSCO) to nearly 0.5 million customers in 20 counties in the northern part of Indiana. In Jan 2024, NiSource completed the issuance of a 19.9% equity stake of NIPSCO to Blackstone Infrastructure Partners’ affiliate for $2.150 billion, with an additional equity commitment of $250 million to fund ongoing capital requirements. NiSource still retains an 80.1% stake.
It operates two coal-fired electric generating stations, two gas-fired generating units, two wind plants and two hydroelectric plants. In May 2018, NIPSCO completed the retirement of two coal-burning units at Bailly Generating Station, IN. These units had a generating capacity of approximately 460 megawatts (MW).
Gas Distribution Operations, Electric Operations, and Corporate and Others contributed $3.7 billion, $1.8 billion and $0.8 million, respectively, to total revenues in 2023.
General Information
NiSource, Inc
801 East 86th Avenue
Merrillville, IN 46410
Phone: 877-647-5990
Fax: 219-647-6085
Email: investors@nisource.com
Industry | Utility - Electric Power |
Sector | Utilities |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 5/1/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.79 |
Current Year EPS Consensus Estimate | 1.71 |
Estimated Long-Term EPS Growth Rate | 6.00 |
Exp Earnings Date | 5/1/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 27.91 |
52 Week High | 28.95 |
52 Week Low | 22.86 |
Beta | 0.49 |
20 Day Moving Average | 3,502,654.50 |
Target Price Consensus | 29.25 |
4 Week | 2.80 |
12 Week | 6.98 |
YTD | 5.12 |
4 Week | 7.06 |
12 Week | 5.21 |
YTD | 0.07 |
Shares Outstanding (millions) | 448.19 |
Market Capitalization (millions) | 12,508.92 |
Short Ratio | NA |
Last Split Date | 2/23/1998 |
Dividend Yield | 3.80% |
Annual Dividend | $1.06 |
Payout Ratio | 0.63 |
Change in Payout Ratio | -0.02 |
Last Dividend Payout / Amount | 2/2/2024 / $0.26 |
Fundamental Ratios
P/E (F1) | 16.32 |
Trailing 12 Months | 17.44 |
PEG Ratio | 2.72 |
vs. Previous Year | 6.00% |
vs. Previous Quarter | 178.95% |
vs. Previous Year | -16.58% |
vs. Previous Quarter | 38.41% |
Price/Book | 1.20 |
Price/Cash Flow | 6.88 |
Price / Sales | 2.27 |
3/31/24 | NA |
12/31/23 | 10.10 |
9/30/23 | 11.14 |
3/31/24 | NA |
12/31/23 | 2.60 |
9/30/23 | 2.65 |
3/31/24 | NA |
12/31/23 | 0.85 |
9/30/23 | 0.41 |
3/31/24 | NA |
12/31/23 | 0.76 |
9/30/23 | 0.29 |
3/31/24 | NA |
12/31/23 | 13.37 |
9/30/23 | 12.44 |
3/31/24 | NA |
12/31/23 | 12.98 |
9/30/23 | 12.46 |
3/31/24 | NA |
12/31/23 | 14.78 |
9/30/23 | 15.07 |
3/31/24 | NA |
12/31/23 | 23.34 |
9/30/23 | 16.00 |
3/31/24 | NA |
12/31/23 | 6.43 |
9/30/23 | 6.29 |
3/31/24 | NA |
12/31/23 | 1.15 |
9/30/23 | 1.66 |
3/31/24 | NA |
12/31/23 | 52.17 |
9/30/23 | 58.63 |