NiSource Inc

Valuation Analysis

About the Company

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, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and M

NiSource Inc Stock at a Glance

NiSource Inc (NI) is currently trading at $47.21 with a market capitalization of $22.6B. The trailing P/E ratio stands at 23.49x, with a forward P/E of 21.05x. The 52-week range spans from $38.45 to $48.98; the current price is 3.6% below the yearly high. Year-over-year revenue growth stands at +8.2%. The net profit margin stands at 14.1%.

💰 Dividend

NiSource Inc pays an annual dividend of $1.20 per share, representing a yield of 2.54%. The payout ratio stands at 56.72%.

📊 Analyst Rating

14 analysts rate NiSource Inc (NI) on consensus: Buy. The average price target is $51.36, implying +8.78% from the current price. Analyst price targets range from $43.00 to $56.00.

NiSource Inc: The Investment Case in Detail

NiSource Inc (NI) operates in the Utilities — specifically Utilities - Regulated Gas — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

The combination of a 50.7% gross margin and 34.76% operating margin shows the business converts revenue into profit efficiently — a hallmark of competitive moat.

What to Watch Next

• The forward P/E of 21.05x is meaningfully below the trailing 23.49x — analysts expect earnings to step up; the next earnings release is the test.

Investment Thesis: Strengths & Weaknesses

Technical Snapshot

Price shows short-term weakness (below 50d MA) but is still in a longer-term uptrend (above 200d MA).

Risk Profile

The data points to relatively defensive market behavior, higher leverage relative to equity.

Trading Data

💵 Dividend Info

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