NiSource (NYSE:NI) Issues 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 opened at $38.41 on Wednesday. NiSource has a 52-week low of $24.80 and a 52-week high of $38.83. The firm has a fifty day moving average of $36.96 and a 200-day moving average of $35.19. The firm has a market capitalization of $17.93 billion, a P/E ratio of 23.28, a PEG ratio of 2.50 and a beta of 0.54. 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 released its quarterly earnings data 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 return on equity of 8.27% and a net margin of 14.63%. During the same quarter last year, the business posted $0.53 earnings per share. As a group, analysts predict that NiSource will post 1.73 EPS for the current year.

NiSource Increases Dividend

The company 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 $0.28 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from NiSource’s previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a dividend yield of 2.92%. NiSource’s dividend payout ratio is 67.88%.

Analyst Ratings Changes

A number of research firms have commented on NI. Wells Fargo & Company increased their price objective on shares of NiSource from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Barclays increased their price objective on shares of NiSource from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Jefferies Financial Group began coverage on shares of NiSource in a research note on Monday, October 28th. They set a “buy” rating and a $39.00 price objective on the stock. JPMorgan Chase & Co. increased their price objective on shares of NiSource from $36.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Finally, Mizuho increased their price objective on shares of NiSource from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.