NiSource (NI) Stock Price, Fundamentals & Analysis

What NI does

NiSource (NI) is a US stock in the Utilities sector, specifically the Utilities - Regulated Gas industry, headquartered in Merrillville, United States. It operates as a regulated natural gas and electric utility, serving residential, commercial, and industrial customers across several states. The company operates through two segments, Columbia Operations and NIPSCO Operations, and is part of the S&P 500. NiSource delivers natural gas through thousands of miles of distribution and transmission pipelines and also generates, transmits, and distributes electricity, with generation assets including coal, gas, hydro, wind, and solar facilities.

Key numbers explained

• The current price of 39.25 USD reflects the latest trading value; the -1.58% price change today shows the intraday move.
• The trailing P/E ratio of 20.9 compares the price to the last 12 months of earnings per share (1.88 USD), while the forward P/E ratio of 17.4 uses expected future earnings.
• The dividend yield of 3.01% indicates the annual dividend payout relative to the stock price, with 62% of earnings paid out as dividends and an ex-dividend date of Oct 30, 2026.
• A beta of 0.54 suggests the stock tends to be less volatile than the overall market.
• The 52-week range of 39 – 49.21 shows the lowest and highest prices over the past year, with the price down -5.9% over that period.
• The profit margin of 13.2% and operating margin of 17.2% measure how much of revenue turns into profit and operating income, respectively.
• The debt-to-equity ratio of 146.6% indicates the company uses more debt than equity to finance its operations.

Recent news

Recent headlines include a BDC report linking $11 billion in 'Big Six' gas pipeline spending to a 67% surge in Pennsylvania gas utility bills, and NiSource's release of its 2025 Sustainability Report highlighting progress toward a more sustainable energy future. Other stories question whether NI is outperforming the Utilities sector and explore the stock's decline since its last earnings report, while analyst notes from JPMorgan and Mizuho show adjusted price targets.

What to watch

For a regulated utility like NiSource, investors typically monitor regulatory decisions, rate case outcomes, and capital expenditure plans, which can affect both earnings and dividends. Weather patterns influence natural gas and electricity demand, while the company's generation mix and infrastructure investments shape long-term cost structures. Broader interest rate movements also matter, as utilities often carry significant debt; comparing NiSource to peers such as Constellation Energy (CEG), Sempra (SRE), Eversource Energy (ES), and WEC Energy Group (WEC) can provide context on valuation and yield.

FAQ

Q: Does NI pay a dividend? A: Yes, NiSource pays a dividend with a yield of 3.01%, and 62% of earnings are distributed as dividends.

Q: What is the NI P/E ratio? A: The trailing P/E ratio is 20.9, and the forward P/E ratio based on expected earnings is 17.4.

Q: Where can I buy NI? A: NI trades on the US market as a stock; you can buy it through any broker that offers access to US equities.

Q: How many employees does NiSource have? A: NiSource has 7,668 employees.

Q: What is NiSource's market cap? A: The market capitalisation is 18.82B USD.

Q: When is the next earnings date for NiSource? A: The next earnings date is Oct 28, 2026.