
Nisource Stock Quote is a leading energy company with a rich history dating back to 1863 when it was founded as a gas company in Pennsylvania. The company has since grown to become one of the largest energy companies in the US.
Nisource is a holding company with several subsidiaries, including Columbia Gas and Nipsco, which provide natural gas and electricity to millions of customers across the country. Its diverse portfolio of businesses allows it to adapt to changing market conditions and customer needs.
Nisource's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol NI. With a market capitalization of over $10 billion, Nisource is a significant player in the energy sector, attracting the attention of investors and analysts alike.
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Financial Performance
NiSource's revenue took a hit in 2023, decreasing by 5.90% to $5.51 billion. This decline was a significant drop from the previous year's revenue of $5.85 billion.
The company's earnings also suffered, plummeting by 11.66% to $661.70 million. This decrease in earnings is a concerning trend for investors.
Here's a summary of NiSource's financial performance over the past year:
NiSource's financial performance is a key factor to consider for investors looking to buy or sell the stock.
Financials
NiSource's revenue was $5.51 billion in 2023, a decrease of -5.90% compared to the previous year. This decline in revenue is a significant concern for investors.
In 2025, NiSource's projected revenue is $6.23 billion, an increase of 12.60% from 2024. This growth suggests that the company is taking steps to recover from its recent decline.
NiSource's net income was $810 million in 2024, a decrease of -3.75% from 2023. This decrease in net income is a red flag for investors.
Here is a breakdown of NiSource's projected financials for 2025:
NiSource's net debt is projected to increase by 15.10% in 2025, which could be a concern for investors.
Profitability Rank
Let's dive into the profitability rank of a company. A high profitability rank is a good sign, indicating the company is generating a significant amount of profit relative to its revenue.
The company's current profitability rank is impressive, with a Gross Margin % of 51.28. This means that for every dollar of revenue, the company is keeping 51 cents as profit.
The company's Operating Margin % is also respectable, standing at 26.33. This suggests that the company is efficiently managing its costs and converting revenue into profit.
However, the company's Net Margin % of 14.63 indicates that it's not quite as profitable as it could be, considering the industry average. This might be due to various factors such as high taxes, interest expenses, or other non-operating items.
The company's Free Cash Flow (FCF) Margin % is a concern, standing at -18.4. This means that the company is actually generating negative cash flow from its operations, which can be a red flag for investors.
Here's a summary of the company's profitability metrics:
The company's Return on Equity (ROE) of 9.77% and Return on Assets (ROA) of 2.6% are also worth noting. These metrics indicate how efficiently the company is using its equity and assets to generate profits.
The company's Return on Invested Capital (ROIC) and 3-Year ROIC are 3.94% and 6.79% respectively, suggesting that the company is generating a decent return on its invested capital over the long term.
The company's Return on Common Equity (ROCE) of 5.65% and Joel Greenblatt's Return on Capital (ROC) of 6.37% are also important metrics to consider. These metrics indicate how efficiently the company is generating profits from its common equity and capital base.
The company has a strong track record of profitability, with 8 years of profitability over the past 10 years. This is a positive sign, indicating that the company has been able to sustain its profitability over the long term.
Price History & Performance
NiSource's current share price is $36.42, which is a significant drop from its 52-week high of $38.83. The 1-month change is -0.92%, indicating a decline in value over the past month.
The 52-week low for NiSource is $24.80, showing the company's stock price has fluctuated over the past year. Beta, a measure of volatility, is 0.53.
NiSource's share price has increased by 39.43% over the past year, which is a substantial gain. In contrast, the 3-year change is 26.33%, and the 5-year change is 23.54%.
Here's a summary of NiSource's share price changes over the past year:
NiSource's stock has seen a 150.09% change since its IPO, indicating a significant increase in value.
Company News
NiSource has been the subject of several price target adjustments by various analysts. Jefferies Adjusts Price Target on NiSource to $43 From $39, Maintains Buy Rating, while Evercore ISI Adjusts Price Target on NiSource to $43 From $37. Mizuho Adjusts Price Target on NiSource to $42 From $40, Keeps Outperform Rating, and Argus Raises Price Target on NiSource to $41 From $36, Keeps Buy Rating.
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JPMorgan Adjusted NiSource's Price Target to $41 From $38, while Mizuho Securities Raises NiSource's Price Target to $40 From $38. BMO Capital and Wolfe Research also adjusted NiSource's Price Target to $38 From $37, and Evercore ISI Adjusted NiSource's Price Target to $37 From $34.
Some analysts have also raised their price targets for NiSource in recent months. For example, Citigroup Adjusted Price Target on NiSource to $36 From $30.
Here is a summary of the price target adjustments for NiSource:
NiSource has also made some news in the recent past. On January 23, the company declared a common stock dividend.
Frequently Asked Questions
Is NiSource a good stock to buy?
NiSource has a Strong Buy analyst rating consensus from 9 Wall Street analysts, indicating a positive outlook for the stock. Consider opening a brokerage account to learn more about this investment opportunity.
What does NiSource do?
NiSource is a leading utility company providing natural gas and electric services to customers across six states through its subsidiaries, Columbia Gas and NIPSCO. We empower communities with reliable energy solutions as the energy landscape evolves.
What is the PE ratio of NiSource?
NiSource's trailing PE ratio is 22.40, while its forward PE ratio is 20.03.
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