N

    NiSource Inc (NI)

    Official site

    UTILITIES • UTILITIES - REGULATED GAS • NYSE

    $40.91
    +0.35 (+0.85%)

    Market Cap: $19.46B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    80%(32/40)
    Avg Surprise
    +6.94%
    Streak
    3 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.22
    Range$0.16 - $0.26
    7 analysts
    EPS Revisions
    1
    0
    7d
    3
    2
    30d
    EPS Estimate Drift
    90d ago$0.22+1.5%
    60d ago$0.22-0.8%
    30d ago$0.22-0.1%
    7d ago$0.22+1.3%
    Current$0.22
    Revenue Consensus
    $0
    Range$0 - $0
    0 analysts
    Dec 31, 2026
    EPS Consensus$0.63
    Range$0.61 - $0.65
    13 analysts
    Revenue Consensus
    $2.6B
    Range$2.5B - $2.8B
    4 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.63---
    Sep 26EST
    		-$0.22---
    Jun 26
    		$0.16$0.15+6.67%Beat-27.3%
    Mar 26
    		$1.06$1.05+0.95%Beat+8.2%
    Dec 25
    		$0.51$0.50+2.00%Beat+4.1%
    Sep 25
    		$0.19$0.20-5.00%Miss-5.0%
    Jun 25
    		$0.22$0.21+4.76%Beat+4.8%
    Mar 25
    		$0.98$0.90+8.89%Beat+15.3%
    Dec 24
    		$0.49$0.50-2.31%Miss-7.5%
    Sep 24
    		$0.20$0.16+25.00%Beat+5.3%
    Jun 24
    		$0.21$0.17+23.53%Beat+90.9%
    Mar 24
    		$0.85$0.83+2.41%Beat+10.4%
    Dec 23
    		$0.53$0.53+0.00%Beat+6.0%
    Sep 23
    		$0.19$0.15+26.67%Beat+90.0%
    Jun 23
    		$0.11$0.11+0.00%Beat-8.3%
    Mar 23
    		$0.77$0.75+2.67%Beat+2.7%
    Dec 22
    		$0.50$0.48+4.17%Beat+28.2%
    Sep 22
    		$0.10$0.10+0.00%Beat-9.1%
    Jun 22
    		$0.12$0.12+0.00%Beat-7.7%
    Mar 22
    		$0.75$0.77-2.60%Miss-2.6%
    Dec 21
    		$0.39$0.36+8.33%Beat+14.7%
    Sep 21
    		$0.11$0.10+10.00%Beat+22.2%
    Jun 21
    		$0.13$0.13+0.00%Beat+0.0%
    Mar 21
    		$0.77$0.77+0.00%Beat+1.3%
    Dec 20
    		$0.34$0.33+3.03%Beat-24.4%
    Sep 20
    		$0.09$0.03+200.00%Beat+568.8%
    Jun 20
    		$0.13$0.08+62.50%Beat+160.0%
    Mar 20
    		$0.76$0.81-6.17%Miss-7.3%
    Dec 19
    		$0.45$0.43+4.65%Beat+18.4%
    Sep 19
    		$-0.02N/A-138.40%Miss-119.2%
    Jun 19
    		$0.05$0.06-16.67%Miss-28.6%
    Mar 19
    		$0.82$0.77+6.49%Beat+6.5%
    Dec 18
    		$0.38$0.36+5.56%Beat+15.2%
    Sep 18
    		$0.10$0.06+66.67%Beat+42.9%
    Jun 18
    		$0.07$0.09-22.22%Miss-30.0%
    Mar 18
    		$0.77$0.76+1.32%Beat+8.5%
    Dec 17
    		$0.33$0.32+3.13%Beat+0.0%
    Sep 17
    		$0.07$0.07+0.00%Beat+16.7%
    Jun 17
    		$0.10$0.10+0.00%Beat-
    Mar 17
    		$0.71$0.67+5.97%Beat-
    Dec 16
    		$0.33$0.33+0.00%Beat-
    Sep 16
    		$0.06$0.07-14.29%Miss-

    Dividends

    Dividend Metrics

    Yield2.88%
    Annual/Share$1.18
    Payout Ratio24.58%
    Frequency4
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+6.01%
    5Y CAGR+5.92%
    View NI's full dividend history

    Key Metrics

    Valuation
    P/E Ratio21.31EV/EBITDA11.55x
    Price/FCF-18.07xFCF Yield-5.53%
    Profitability
    Profit Margin13.20%Operating Margin17.20%
    ROE8.55%ROIC6.02%
    Financial Health
    Debt/Equity1.82xInterest Coverage2.52x
    Current Ratio0.50xQuick Ratio0.41x
    Trading Statistics
    Beta0.55Avg Volume6.21M
    52-Week High$48.8852-Week Low$37.45

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$41.11
    SMA 20$41.86
    SMA 50$44.52
    SMA 200$44.72
    EMA 10$41.19
    EMA 20$41.98
    EMA 50$43.67
    EMA 200$44.36

    MACD

    Line: -1.08Signal: -1.11Hist: 0.03

    ADX

    ADX: 37.4+DI: 12.8-DI: 26.8

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down100.0
    PSAR$42.35

    Bollinger Bands

    Upper Band$43.91
    Lower Band$39.81
    %B Position980%(Upper)
    Band Width0.27

    RSI (14-Day)

    Neutral
    34.4

    Momentum Oscillators

    Stoch %K15.6
    Stoch %D15.0
    Williams %R-73.6
    ROC (10d)-3.4%
    Momentum-1.46
    CCI (20d)-107.7
    MFI (14d)41.3

    Volatility Measures

    ATR (14d)$0.85(2.1%)
    StdDev (20d)1.03
    Hist Vol20.2%(Moderate)

    Volume Flow

    VWAP$40.69
    OBV119.2M
    AD Line-1.8B
    CMF (20d)-0.034

    Volume Metrics

    Avg Vol (20d)6.3M
    Vol Ratio1.0x
    VWMA (20d)$42.05

    Pivot Points

    R3$41.90
    R2$41.60
    R1$41.09
    Pivot Point$40.78
    S1$40.27
    S2$39.97
    S3$39.45

    Advanced Oscillators

    TSI-37.42
    Ultimate Osc36.9
    KST-87.33

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.34B$2.36B$1.90B$1.27B$1.28B$2.18B$1.59B$1.08B$1.08B$1.71B$1.42B$1.03B
    Cost of Revenue$668.50M$1.16B$966.60M$594.70M$658.00M$1.08B$798.30M$523.30M$522.40M$803.40M$728.00M$522.50M
    Gross Profit$673.90M$1.20B$936.30M$678.40M$625.00M$1.11B$789.50M$553.00M$562.30M$902.90M$694.00M$504.90M
    Operating Expenses$445.80M$385.50M$420.80M$380.90M$362.10M$348.50M$372.70M$334.70M$325.30M$319.50M$331.10M$271.90M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$228.10M$819.20M$515.50M$297.50M$262.90M$759.40M$416.80M$218.30M$237.00M$583.40M$362.60M$233.00M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$199.20M$191.60M$187.30M$179.80M$139.10M$132.80M$137.00M$134.60M$129.30M$116.30M$141.00M$129.20M
    Income Before Tax$47.10M$642.00M$332.10M$127.60M$124.30M$632.40M$292.90M$112.90M$120.70M$476.30M$227.70M$102.20M
    Income Tax Expense$10.20M$85.80M$53.70M$20.60M$23.80M$105.70M$48.60M$15.90M$17.60M$76.00M$35.80M$3.80M
    Net Income$36.90M$556.20M$278.40M$107.00M$100.50M$526.70M$244.30M$97.00M$103.10M$400.30M$191.90M$98.40M
    EBITDA$608.50M$1.12B$834.80M$614.30M$550.10M$1.02B$708.00M$517.00M$503.50M$834.70M$626.00M$442.30M
    EBIT$246.30M$833.60M$519.40M$307.40M$263.40M$765.20M$429.90M$247.50M$250.00M$592.60M$368.70M$231.40M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about NI

    Government Contracts

    Gov Obligations (TTM)
    $2.27M
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    34.6%
    Active Awards
    19
    New Awards (TTM)
    8
    Avg Remaining Term
    5.2 mo

    Top agency: Department of Justice at 60.1% of trailing twelve month obligations across 4 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    75D30126P20878Department of Health and Human ServicesCenters for Disease Control and Prevention$470000Mar 2, 2026
    15F06726P0000147Department of JusticeFederal Bureau of Investigation$424049Jan 1, 2026
    15B21626P00000011Department of JusticeFederal Prison System / Bureau of Prisons$249107Oct 1, 2025
    15B10726P00000049Department of JusticeFederal Prison System / Bureau of Prisons$200028Oct 1, 2025
    15B10926P00000039Department of JusticeFederal Prison System / Bureau of Prisons$166272Oct 1, 2025
    15B10726P00000112Department of JusticeFederal Prison System / Bureau of Prisons$129377Apr 1, 2026
    15B11426P00000059Department of JusticeFederal Prison System / Bureau of Prisons$53659Oct 1, 2025
    15B20926P00000004Department of JusticeFederal Prison System / Bureau of Prisons$6208Oct 1, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Mizuho cuts NiSource stock price target on Indiana regulatory risks

    Mizuho has lowered its price target for NiSource Inc. (NYSE:NI) shares from $50 to $48 while maintaining an Outperform rating, citing increased regulatory scrutiny in Indiana. The Indiana Utility Regulatory Commission is investigating multi-year rate plan risks and returns on equity, leading to uncertainty for investors. NiSource shares have underperformed recently, trading near their 52-week low.

    Investing.com India•8/26/26•
    Neutral

    Mizuho Adjusts Price Target on NiSource to $48 From $50

    Mizuho has adjusted its price target for NiSource Inc. (NI) to $48, down from the previous target of $50. This change was published on August 26, 2026, at 05:30 am EDT. NiSource is a holding company primarily involved in natural gas distribution and electricity production, transmission, and distribution.

    marketscreener.com•8/26/26•
    Somewhat-Bearish

    Is NiSource (NI) Undervalued As Its $750 Million Note Offering Tests Sentiment?

    NiSource (NI) recently issued a US$750 million long-dated note offering, coinciding with a soft share price performance despite strong long-term shareholder returns. While a popular narrative suggests the stock is 18.8% undervalued with a fair value of $50.03 due to anticipated EPS growth, its P/E ratio is above the global integrated utilities average. Investors are encouraged to analyze underlying data and consider both rewards and warning signs for a balanced view on NiSource's valuation.

    Simply Wall Street•8/26/26•
    Neutral

    Is NiSource (NI) Undervalued As Its $750 Million Note Offering Tests Sentiment?

    NiSource (NI) recently completed a $750 million fixed-to-floating rate note offering due in 2057, a long-term financing move despite recent share price softness. The company is considered 18.8% undervalued with a fair value of $50.03, supported by strong capital expenditure plans and projected annual EPS growth of 6-8%. However, its P/E ratio of 21.5x is above the global Integrated Utilities average, and potential risks include heavy gas system investments and future rate approval challenges.

    Simply Wall Street•8/26/26•
    Neutral

    Indiana governor calls for investigation of NIPSCO over slow storm response (NI:NYSE)

    Indiana Governor Mike Braun has called for an investigation into NiSource's utility NIPSCO due to a slow response to power outages in northwest Indiana. Nearly two weeks after severe storms, over 9,000 homes and businesses are still without power. The governor expressed concern over NIPSCO's failure to restore power efficiently.

    Seeking Alpha•8/24/26•
    Bearish

    Frequently Asked Questions About NI

    What is NI's current dividend yield?
    NiSource Inc (NI) has a current dividend yield of 2.88%.
    Does NI pay dividends?
    Yes, NiSource Inc pays dividends with a current yield of 2.88%.
    What is NI's P/E ratio?
    NiSource Inc has a price-to-earnings (P/E) ratio of 21.31.
    What is NI's market cap?
    NiSource Inc (NI) has a market capitalization of $19.46B with a current stock price of $40.91.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In