Nisource Stock Today

NI Stock  USD 27.66  0.20  0.73%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 35

 
100  
 
Zero
Below Average
NiSource is trading at 27.66 as of the 28th of March 2024. This is a 0.73 percent increase since the beginning of the trading day. The stock's open price was 27.46. NiSource has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for NiSource are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
19th of October 1984
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana. NiSource operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. The company has 447.52 M outstanding shares of which 5.65 M shares are now sold short in the market by investors with about 1.18 days to cover all shorted shares. More on NiSource

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NiSource Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NiSource's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NiSource or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, NiSource's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NiSource's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOGlen Kettering
Thematic Ideas
(View all Themes)
Business ConcentrationMulti-Utilities, Utilities - Regulated Gas, Utilities, NYSE Composite, SP 500 Index, Dow Jones Utility, Dow Jones Composite, ARCA Natural Gas, Basic Utilities, Utilities, Multi-Utilities, Utilities—Regulated Gas, Utilities (View all Sectors)
Excise Tax ActivitiesCoal
Average Analyst Recommendation
Analysts covering NiSource report their recommendations after researching NiSource's financial statements, talking to executives and customers, or listening in on NiSource's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering NiSource. The NiSource consensus assessment is calculated by taking the average forecast from all of the analysts covering NiSource.
Financial Strength
Based on the measurements of operating efficiency obtained from NiSource's historical financial statements, NiSource may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of NiSource is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.170.1772
Sufficiently Down
Slightly volatile
Gross Profit Margin0.510.45
Moderately Up
Very volatile
Net Debt7.7 B11.9 B
Way Down
Slightly volatile
Total Current Liabilities3.5 B5.3 B
Way Down
Slightly volatile
Non Current Liabilities Total10.9 B15.7 B
Way Down
Slightly volatile
Total Assets19.2 B31.1 B
Way Down
Slightly volatile
Total Current Assets2.3 B4.5 B
Way Down
Slightly volatile
Total Cash From Operating ActivitiesB1.9 B
Way Down
Slightly volatile
NiSource's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NiSource's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
NiSource's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of NiSource's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NiSource's financial leverage. It provides some insight into what part of NiSource's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on NiSource's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how NiSource deploys its capital and how much of that capital is borrowed.
Liquidity
NiSource cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 14.13 B of total liabilities with total debt to equity ratio (D/E) of 1.34, which is normal for its line of buisiness. NiSource has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist NiSource until it has trouble settling it off, either with new capital or with free cash flow. So, NiSource's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NiSource sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NiSource to invest in growth at high rates of return. When we think about NiSource's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(675.16 Million)
NiSource (NI) is traded on New York Stock Exchange in USA. It is located in 801 East 86th Avenue, Merrillville, IN, United States, 46410 and employs 7,364 people. NiSource is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 12.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NiSource's market, we take the total number of its shares issued and multiply it by NiSource's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NiSource is active under Multi-Utilities sector as part of Utilities industry. The entity has 447.52 M outstanding shares of which 5.65 M shares are now sold short in the market by investors with about 1.18 days to cover all shorted shares. NiSource reports about 40.8 M in cash with 1.94 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check NiSource Probability Of Bankruptcy
Ownership Allocation
NiSource maintains a total of 447.52 Million outstanding shares. The majority of NiSource outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NiSource to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in NiSource. Please pay attention to any change in the institutional holdings of NiSource as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check NiSource Ownership Details

NiSource Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of NiSource jumping above the current price in 90 days from now is about 1.05%. The NiSource probability density function shows the probability of NiSource stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon NiSource has a beta of 0.9565. This indicates NiSource market returns are responsive to returns on the market. As the market goes up or down, NiSource is expected to follow. Additionally, niSource has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 27.66HorizonTargetOdds Above 27.66
98.92%90 days
 27.66 
1.05%
Based on a normal probability distribution, the odds of NiSource to move above the current price in 90 days from now is about 1.05 (This NiSource probability density function shows the probability of NiSource Stock to fall within a particular range of prices over 90 days) .

NiSource Stock Institutional Holders

Institutional Holdings refers to the ownership stake in NiSource that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NiSource's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NiSource's value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
7.3 M
Cohen & Steers Inc2023-12-31
7.3 M
Newport Trust Co.2023-12-31
6.4 M
Thrivent Financial For Lutherans2023-12-31
6.1 M
Goldman Sachs Group Inc2023-12-31
5.9 M
Balyasny Asset Management Llc2023-12-31
5.6 M
Amvescap Plc.2023-12-31
5.5 M
Legal & General Group Plc2023-12-31
M
Royal Bank Of Canada2023-12-31
4.7 M
Vanguard Group Inc2023-12-31
54 M
Blackrock Inc2023-12-31
39.4 M
View NiSource Diagnostics

NiSource Historical Income Statement

NiSource Income Statement is one of the three primary financial statements used for reporting NiSource's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NiSource revenue and expense. NiSource Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, NiSource's Other Operating Expenses is increasing as compared to previous years. The NiSource's current Cost Of Revenue is estimated to increase to about 3.9 B, while Total Revenue is projected to decrease to under 5 B. View More Fundamentals

NiSource Stock Against Markets

Picking the right benchmark for NiSource stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NiSource stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NiSource is critical whether you are bullish or bearish towards NiSource at a given time. Please also check how NiSource's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in NiSource without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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NiSource Corporate Directors

NiSource corporate directors refer to members of a NiSource board of directors. The board of directors generally takes responsibility for the NiSource's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of NiSource's board members must vote for the resolution. The NiSource board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Theodore BuntingIndependent DirectorProfile
Wallace NutterIndependent DirectorProfile
Michael JesanisIndependent DirectorProfile
Deborah HersmanIndependent DirectorProfile

How to buy NiSource Stock?

Before investing in NiSource, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NiSource. To buy NiSource stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of NiSource. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase NiSource stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located NiSource stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased NiSource stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NiSource, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy NiSource Stock please use our How to Invest in NiSource guide.

Already Invested in NiSource?

The danger of trading NiSource is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NiSource is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NiSource. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NiSource is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether NiSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NiSource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nisource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nisource Stock:
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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.