Nisource Stock Today

NI Stock  USD 36.17  0.30  0.84%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 34

 
High
 
Low
Below Average
NiSource is trading at 36.17 as of the 21st of December 2024. This is a 0.84 percent increase since the beginning of the trading day. The stock's open price was 35.87. NiSource has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 24th of June 2024 and ending today, the 21st of December 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
19th of October 1984
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana. NiSource operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. The company has 466.78 M outstanding shares of which 8.17 M shares are now sold short in the market by investors with about 2.05 days to cover all shorted shares. More on NiSource

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NiSource Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJoseph Hamrock
Thematic Ideas
(View all Themes)
Business ConcentrationMulti-Utilities, Utilities - Regulated Gas, Utilities, NYSE Composite, SP 500 Index, Dow Jones Composite, ARCA Natural Gas, Basic Utilities, Utilities, Multi-Utilities, Utilities—Regulated Gas, Utilities (View all Sectors)
Excise Tax ActivitiesCoal
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.170.1772
Sufficiently Down
Slightly volatile
Gross Profit Margin0.510.452
Moderately Up
Very volatile
Net Debt7.7 B11.9 B
Way Down
Slightly volatile
Total Current Liabilities3.5 B5.3 B
Way Down
Slightly volatile
Non Current Liabilities Total10.9 B15.7 B
Way Down
Slightly volatile
Total Assets19.2 B31.1 B
Way Down
Slightly volatile
Total Current Assets2.3 B4.5 B
Way Down
Slightly volatile
Total Cash From Operating ActivitiesB1.9 B
Way Down
Slightly volatile
Debt Levels
NiSource can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NiSource's financial leverage. It provides some insight into what part of NiSource's total assets is financed by creditors.
Liquidity
NiSource reports 14.13 B of total liabilities with total debt to equity ratio (D/E) of 1.34, which is normal for its line of buisiness. NiSource has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for NiSource to invest in growth at high rates of return.

Free Cash Flow

(675.16 Million)
NiSource (NI) is traded on New York Stock Exchange in USA. It is located in 801 East 86th Avenue, Merrillville, IN, United States, 46410 and employs 7,364 people. NiSource is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 16.74 B. NiSource is active under Multi-Utilities sector as part of Utilities industry. The entity has 466.78 M outstanding shares of which 8.17 M shares are now sold short in the market by investors with about 2.05 days to cover all shorted shares. NiSource reports about 40.8 M in cash with 1.94 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check NiSource Probability Of Bankruptcy
Ownership Allocation
NiSource maintains a total of 466.78 Million outstanding shares. The majority of NiSource outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NiSource to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in NiSource. Please pay attention to any change in the institutional holdings of NiSource as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check NiSource Ownership Details

NiSource Stock Institutional Holders

InstituionRecorded OnShares
Zimmer Partners Lp2024-09-30
6.6 M
Pictet Asset Manangement Sa2024-09-30
6.2 M
Newport Trust Co.2024-09-30
6.1 M
Wellington Management Company Llp2024-09-30
M
Exoduspoint Capital Management, Lp2024-09-30
5.9 M
Amvescap Plc.2024-09-30
5.5 M
Citadel Advisors Llc2024-09-30
5.5 M
Bank Of Montreal2024-09-30
5.1 M
Bmo Capital Markets Corp.2024-09-30
5.1 M
Vanguard Group Inc2024-09-30
55.3 M
Blackrock Inc2024-06-30
42.9 M
View NiSource Diagnostics

NiSource Historical Income Statement

As of now, NiSource's Other Operating Expenses is increasing as compared to previous years. The NiSource's current Cost Of Revenue is estimated to increase to about 3.9 B, while Total Revenue is projected to decrease to under 5 B. View More Fundamentals

NiSource Stock Against Markets

NiSource Corporate Directors

Aristides CandrisIndependent DirectorProfile
Peter AltabefIndependent DirectorProfile
Deborah HenrettaIndependent DirectorProfile
Theodore BuntingIndependent DirectorProfile
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NiSource. If investors know NiSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NiSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.097
Dividend Share
1.06
Earnings Share
1.64
Revenue Per Share
11.933
Quarterly Revenue Growth
0.048
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NiSource's market value can be influenced by many factors that don't directly affect NiSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.