NI Stock - NiSource Inc.
Unlock GoAI Insights for NI
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $5.46B | $5.51B | $5.85B | $4.90B | $4.68B |
| Gross Profit | $2.81B | $2.48B | $2.25B | $2.05B | $1.99B |
| Gross Margin | 51.5% | 45.0% | 38.5% | 41.9% | 42.4% |
| Operating Income | $1.46B | $1.30B | $1.27B | $1.01B | $550.80M |
| Net Income | $760.40M | $714.30M | $804.10M | $584.90M | $-17,600,000 |
| Net Margin | 13.9% | 13.0% | 13.7% | 11.9% | -0.4% |
| EPS | $1.63 | $1.59 | $1.84 | $1.35 | $-0.19 |
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 28th 2025 | Wells Fargo | Initiation | Overweight | $47 |
| October 7th 2025 | Evercore ISI | Initiation | In-line | $45 |
| September 5th 2025 | Jefferies | Downgrade | Hold | $44 |
| September 12th 2024 | BofA Securities | Resumed | Buy | $37 |
| July 11th 2024 | Mizuho | Initiation | Outperform | $33 |
| January 22nd 2024 | Barclays | Initiation | Overweight | $28 |
| October 6th 2023 | Ladenburg Thalmann | Initiation | Buy | $25 |
| June 6th 2023 | UBS | Upgrade | Buy | $31 |
| November 9th 2022 | Credit Suisse | Upgrade | Outperform | $27 |
| July 27th 2022 | Edward Jones | Upgrade | Buy | - |
| April 26th 2022 | Credit Suisse | Initiation | Neutral | $32 |
Earnings History & Surprises
NIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $0.49 | — | — | — |
Q4 2025 | Oct 29, 2025 | $0.20 | $0.19 | -5.0% | ✗ MISS |
Q3 2025 | Aug 6, 2025 | $0.20 | $0.22 | +7.3% | ✓ BEAT |
Q2 2025 | May 7, 2025 | $0.90 | $0.98 | +9.4% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $0.48 | $0.49 | +2.3% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $0.16 | $0.20 | +25.0% | ✓ BEAT |
Q3 2024 | Aug 7, 2024 | $0.17 | $0.21 | +23.5% | ✓ BEAT |
Q2 2024 | May 8, 2024 | $0.83 | $0.85 | +2.4% | ✓ BEAT |
Q1 2024 | Feb 21, 2024 | $0.54 | $0.53 | -1.9% | ✗ MISS |
Q4 2023 | Nov 1, 2023 | $0.16 | $0.19 | +18.8% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $0.11 | $0.11 | 0.0% | = MET |
Q2 2023 | May 3, 2023 | $0.75 | $0.77 | +2.7% | ✓ BEAT |
Q1 2023 | Feb 22, 2023 | $0.48 | $0.50 | +4.2% | ✓ BEAT |
Q4 2022 | Nov 7, 2022 | $0.11 | $0.10 | -9.1% | ✗ MISS |
Q3 2022 | Aug 3, 2022 | $0.12 | $0.12 | 0.0% | = MET |
Q2 2022 | May 4, 2022 | $0.78 | $0.75 | -3.8% | ✗ MISS |
Q1 2022 | Feb 23, 2022 | $0.36 | $0.39 | +8.3% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $0.09 | $0.11 | +22.2% | ✓ BEAT |
Q3 2021 | Aug 4, 2021 | $0.13 | $0.13 | 0.0% | = MET |
Latest News
UBS Maintains Buy on NiSource, Raises Price Target to $48
📈 PositiveMizuho Maintains Outperform on NiSource, Raises Price Target to $50
📈 PositiveJefferies Upgrades NiSource to Buy, Raises Price Target to $50
📈 PositiveNiSource Launches $1.5B At-The-Market Equity Program Through 2028, Adds Forward Sale Option, Supersedes 2024 $900 Million ATM (Including $47.5M Unsold), Proceeds For General Corporate Purposes
➖ NeutralNiSource Files For Mixed Shelf; Size Not Disclosed
➖ NeutralEvercore ISI Group Maintains In-Line on NiSource, Raises Price Target to $47
➖ NeutralNisource Says In Addition To Base Plan Investment, Now Introducing About $7B Of Data Center Investment At Genco
📈 PositiveNiSource Sees FY2026 Adj EPS $2.02-$2.07 vs $2.02 Est
➖ NeutralNiSource Lifts Total Capex To $28B (+45%) On $7B Data Center Push; Sees 2026–2033 EPS CAGR Of 8%–9%
📈 PositiveNiSource Extends Capital Plan To 2030; Targets 6%–8% EPS Growth On $21B Base Capex And 8%–10% Rate Base Growth
📈 PositiveNiSource Is Reaffirming The Upper Half Of Its 2025 Adjusted EPS Guidance Of $1.85-$1.89
📈 PositiveNiSource Q3 Adj. EPS $0.19 Misses $0.20 Estimate, Sales $1.273B Beat $1.153B Estimate
➖ NeutralNiSource Q3 Adj. EPS $0.19 Misses $0.20 Estimate
📉 NegativeWells Fargo Initiates Coverage On NiSource with Overweight Rating, Announces Price Target of $47
📈 PositiveBarclays Maintains Overweight on NiSource, Raises Price Target to $46
📈 PositiveEvercore ISI Group Maintains In-Line on NiSource, Raises Price Target to $46
📈 PositiveEvercore ISI Group Initiates Coverage On NiSource with In-Line Rating, Announces Price Target of $45
➖ NeutralBMO Capital Maintains Outperform on NiSource, Raises Price Target to $47
📈 PositiveNiSource Receives IURC Regulatory Approval For GenCo Strategy
📈 PositiveNiSource shares are trading higher after the company announced its NIPSCO entered into a contract to provide electric service to an investment grade company's data centers.
📈 PositiveFrequently Asked Questions about NI
What is NI's current stock price?
What is the analyst price target for NI?
What sector is NiSource Inc. in?
What is NI's market cap?
Does NI pay dividends?
Similar Stocks
Utilities SectorExplore stocks similar to NI for comparison