NiSource (NYSE:NI) Issues FY 2025 Earnings Guidance

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

NiSource Price Performance

Shares of NYSE:NI traded up $0.08 during trading on Wednesday, reaching $38.51. 1,279,063 shares of the company traded hands, compared to its average volume of 3,517,382. The firm has a market capitalization of $17.98 billion, a PE ratio of 23.27, a PEG ratio of 2.50 and a beta of 0.54. NiSource has a 52 week low of $24.80 and a 52 week high of $38.83. The company has a quick ratio of 0.35, a current ratio of 0.46 and a debt-to-equity ratio of 1.17. The company’s 50 day moving average is $36.96 and its two-hundred day moving average is $35.19.

NiSource (NYSE:NI) last posted its quarterly 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 last year, the company posted $0.53 earnings per share. As a group, sell-side analysts predict that NiSource will post 1.73 earnings per share for the current year.

NiSource Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, February 3rd will be issued 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 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%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Barclays boosted their price objective on shares of NiSource from $35.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Wells Fargo & Company boosted their price target on NiSource from $35.00 to $38.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Mizuho raised their price objective on NiSource from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. 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 note on Wednesday, October 23rd. Finally, Jefferies Financial Group started coverage on shares of NiSource in a report on Monday, October 28th. They issued a “buy” rating and a $39.00 target price for the company. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, NiSource presently has a consensus rating of “Moderate Buy” and a consensus 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.