NiSource (NYSE:NI) Releases FY 2025 Earnings Guidance

NiSource (NYSE:NI) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.850-1.890 for the period, compared to the consensus estimate of 1.860. The company issued revenue guidance of -.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of NiSource from $35.00 to $38.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Mizuho lifted their target price on shares of NiSource from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Barclays lifted their target price on shares of NiSource from $35.00 to $38.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. JPMorgan Chase & Co. lifted their target price on shares of NiSource from $36.00 to $38.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Finally, Jefferies Financial Group began coverage on shares of NiSource in a research report on Monday, October 28th. They issued a “buy” rating and a $39.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.50.

NiSource Stock Performance

Shares of NI opened at $38.41 on Wednesday. The company’s 50 day moving average price is $36.96 and its 200 day moving average price is $35.19. NiSource has a 52 week low of $24.80 and a 52 week high of $38.83. The company has a market capitalization of $17.93 billion, a PE ratio of 23.28, a PEG ratio of 2.50 and a beta of 0.54. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.35 and a current ratio of 0.46.

NiSource (NYSE:NI) last announced its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.05). NiSource had a net margin of 14.63% and a return on equity of 8.27%. During the same quarter in the previous year, the company earned $0.53 EPS. Research analysts expect that NiSource will post 1.73 EPS for the current fiscal year.

NiSource Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, February 3rd will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.92%. This is an increase from NiSource’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Monday, February 3rd. NiSource’s payout ratio is currently 67.88%.

NiSource Company Profile

NiSource Inc, an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.