NiSource (NYSE:NI) Updates FY 2025 Earnings Guidance

NiSource (NYSE:NI - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.850-1.890 for the period, compared to the consensus estimate of 1.860. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Wells Fargo & Company boosted their price objective on NiSource from $39.00 to $43.00 and gave the company an "overweight" rating in a research report on Thursday. Jefferies Financial Group assumed coverage on NiSource in a research report on Monday, October 28th. They issued a "buy" rating and a $39.00 target price on the stock. Mizuho boosted their target price on NiSource from $38.00 to $40.00 and gave the stock an "outperform" rating in a research report on Friday, November 1st. Barclays boosted their target price on NiSource from $35.00 to $38.00 and gave the stock an "overweight" rating in a research report on Monday, October 21st. Finally, JPMorgan Chase & Co. boosted their target price on NiSource from $36.00 to $38.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $38.13.

NiSource Trading Up 0.4 %

NYSE NI traded up $0.14 during trading hours on Friday, hitting $39.74. 5,293,853 shares of the company were exchanged, compared to its average volume of 3,520,772. The stock has a market cap of $18.55 billion, a PE ratio of 24.09, a price-to-earnings-growth ratio of 2.50 and a beta of 0.54. The stock has a 50-day moving average price of $37.09 and a 200 day moving average price of $35.30. NiSource has a 52 week low of $25.45 and a 52 week high of $39.99. 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 - Get Free Report) last released its earnings results on Wednesday, February 12th. The utilities provider reported $0.49 EPS for the quarter, missing analysts' consensus estimates 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 in the prior year, the firm posted $0.53 EPS. Analysts forecast that NiSource will post 1.73 earnings per share for the current fiscal year.

NiSource Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.28 per share. This is a boost from NiSource's previous quarterly dividend of $0.27. The ex-dividend date is Monday, February 3rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.82%. NiSource's dividend payout ratio is currently 67.88%.

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.