NiSource (NYSE:NI) Releases FY 2025 Earnings Guidance

NiSource (NYSE:NI) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.850-1.890 for the period, compared to the consensus EPS estimate of 1.860. The company issued revenue guidance of -.

NiSource Price Performance

NiSource stock traded up $0.08 during trading hours on Wednesday, hitting $38.51. 1,279,063 shares of the company traded hands, compared to its average volume of 3,517,382. NiSource has a 1-year low of $24.80 and a 1-year high of $38.83. The firm has a market cap of $17.98 billion, a P/E ratio of 23.27, a P/E/G ratio of 2.50 and a beta of 0.54. The firm’s 50-day simple moving average is $36.96 and its two-hundred day simple moving average is $35.19. The company has a quick ratio of 0.35, a current ratio of 0.46 and a debt-to-equity ratio of 1.17.

NiSource (NYSE:NI) last issued its quarterly earnings results on Wednesday, February 12th. The utilities provider reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.05). NiSource had a net margin of 14.63% and a return on equity of 8.27%. During the same period last year, the firm earned $0.53 EPS. As a group, analysts forecast that NiSource will post 1.73 earnings per share for the current fiscal year.

NiSource Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from NiSource’s previous quarterly dividend of $0.27. NiSource’s dividend payout ratio is 67.88%.

Analyst Ratings Changes

NI has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of NiSource from $36.00 to $38.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. Jefferies Financial Group started coverage on NiSource in a research report on Monday, October 28th. They issued a “buy” rating and a $39.00 target price for the company. Mizuho upped their price target on NiSource from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Wells Fargo & Company increased their price objective on NiSource from $35.00 to $38.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Finally, Barclays lifted their target price on NiSource from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $37.50.

NiSource Company Profile

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, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.