Nisource Stock Price on February 28, 2024
| NI Stock | USD 28.50 0.40 1.42% |
Below is the normalized historical share price chart for NiSource extending back to February 21, 1973. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NiSource stands at 28.50, as last reported on the 3rd of May, with the highest price reaching 28.51 and the lowest price hitting 28.08 during the day.
If you're considering investing in NiSource Stock, it is important to understand the factors that can impact its price. NiSource appears to be very steady, given 3 months investment horizon. NiSource has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for NiSource, which you can use to evaluate the volatility of the firm. Please exercise NiSource's Mean Deviation of 0.7468, risk adjusted performance of 0.1188, and Market Risk Adjusted Performance of 0.2238 to check out if our risk estimates are consistent with your expectations.
As of now, NiSource's Other Stockholder Equity is increasing as compared to previous years. The NiSource's current Preferred Stock Total Equity is estimated to increase to about 1.9 B, while Common Stock Shares Outstanding is projected to decrease to under 263.6 M. . As of now, NiSource's Price Cash Flow Ratio is increasing as compared to previous years. The NiSource's current Price Sales Ratio is estimated to increase to 2.11, while Price Book Value Ratio is projected to decrease to 0.70. NiSource Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of October 1984 | 200 Day MA 26.4056 | 50 Day MA 27.045 | Beta 0.491 |
NiSource |
Sharpe Ratio = 0.2451
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Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average NiSource is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NiSource by adding it to a well-diversified portfolio.
Price Book 1.5587 | Enterprise Value Ebitda 11.0201 | Price Sales 2.2037 | Shares Float 445.8 M | Dividend Share 1.015 |
NiSource Main Headline on 28th of February 2024
Q4 2023 NiSource Inc Earnings Call Transcript by gurufocus.com
Feb 21, 2024 0400PM GMTOperator Good day, and welcome to NiSource Company Conference Call. Please note that todays call is being rec
NiSource Valuation on February 28, 2024
It is possible to determine the worth of NiSource on a given historical date. On February 28, 2024 NiSource was worth 26.01 at the beginning of the trading date compared to the closed value of 25.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NiSource stock. Still, in general, we apply an absolute valuation method to find NiSource's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of NiSource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NiSource's related companies.
| Open | High | Low | Close | Volume | |
| 25.86 | 26.03 | 25.67 | 25.77 | 3,016,200 | |
02/28/2024 | 26.01 | 26.09 | 25.60 | 25.60 | 4,432,500 |
| 26.00 | 26.20 | 25.80 | 25.81 | 9,693,700 |
| Backtest NiSource | | | NiSource History | | | NiSource Valuation | Previous | Next |
NiSource Trading Date Momentum on February 28, 2024
| On February 29 2024 NiSource was traded for 25.81 at the closing time. The highest price during the trading period was 26.20 and the lowest recorded bid was listed for 25.80 . The volume for the day was 9.7 M. This history from February 29, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.82% . The trading delta at closing time to the current price is 5.47% . |
NiSource Fundamentals Correlations and Trends
By evaluating NiSource's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NiSource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NiSource financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NiSource Stock history
NiSource investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for NiSource is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NiSource will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing NiSource stock prices may prove useful in developing a viable investing in NiSource
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 447.9 M | 263.6 M | |
| Net Income Applicable To Common Shares | 861.4 M | 904.4 M |
NiSource Stock Technical Analysis
NiSource technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
NiSource Period Price Range
Low | February 28, 2024
| High |
26.01 | 25.60 |
NiSource May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how NiSource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NiSource shares will generate the highest return on investment. By undertsting and applying NiSource stock market strength indicators, traders can identify NiSource entry and exit signals to maximize returns
NiSource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NiSource's price direction in advance. Along with the technical and fundamental analysis of NiSource Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NiSource to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1188 | |||
| Jensen Alpha | 0.1233 | |||
| Total Risk Alpha | 0.0914 | |||
| Sortino Ratio | 0.1247 | |||
| Treynor Ratio | 0.2138 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for NiSource Stock analysis
When running NiSource's price analysis, check to measure NiSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NiSource is operating at the current time. Most of NiSource's value examination focuses on studying past and present price action to predict the probability of NiSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NiSource's price. Additionally, you may evaluate how the addition of NiSource to your portfolios can decrease your overall portfolio volatility.
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Is NiSource's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NiSource. If investors know NiSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NiSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 1.015 | Earnings Share 1.48 | Revenue Per Share 13.231 | Quarterly Revenue Growth (0.17) |
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NiSource's market value can be influenced by many factors that don't directly affect NiSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.