NiSource (NYSE:NI) Issues FY 2026 Earnings Guidance

NiSource (NYSE:NI) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.020-2.070 for the period, compared to the consensus earnings per share estimate of 2.040. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities analysts have issued reports on NI shares. Wells Fargo & Company lifted their price target on NiSource from $47.00 to $49.00 and gave the company an “overweight” rating in a research note on Tuesday, January 20th. UBS Group raised their price objective on NiSource from $45.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Mizuho upped their target price on shares of NiSource from $44.00 to $50.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. Weiss Ratings restated a “buy (b)” rating on shares of NiSource in a report on Monday, December 29th. Finally, Evercore increased their price objective on shares of NiSource from $46.00 to $47.00 and gave the company an “in-line” rating in a research note on Thursday, October 30th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, NiSource has a consensus rating of “Moderate Buy” and an average target price of $47.11.

NiSource Stock Up 0.7%

NI opened at $44.76 on Wednesday. NiSource has a twelve month low of $35.64 and a twelve month high of $45.00. The company’s 50-day moving average price is $42.63 and its two-hundred day moving average price is $42.55. The stock has a market cap of $21.36 billion, a price-to-earnings ratio of 23.68, a PEG ratio of 3.65 and a beta of 0.65. The company has a quick ratio of 0.39, a current ratio of 0.52 and a debt-to-equity ratio of 1.29.

NiSource (NYSE:NI) last posted its quarterly earnings results on Wednesday, February 11th. The utilities provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.02. NiSource had a net margin of 14.15% and a return on equity of 8.09%. The company had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.20 billion. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, equities analysts expect that NiSource will post 1.91 earnings per share for the current year.

NiSource Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Tuesday, February 3rd will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, February 3rd. This is a positive change from NiSource’s previous quarterly dividend of $0.28. NiSource’s dividend payout ratio is currently 63.49%.

Insiders Place Their Bets

In related news, EVP Kimberly S. Cuccia sold 8,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $43.13, for a total value of $345,040.00. Following the sale, the executive vice president directly owned 41,247 shares in the company, valued at approximately $1,778,983.11. The trade was a 16.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On NiSource

Several hedge funds have recently bought and sold shares of the company. MUFG Securities EMEA plc bought a new stake in shares of NiSource during the 2nd quarter worth $56,000. Larson Financial Group LLC raised its position in NiSource by 21.1% during the third quarter. Larson Financial Group LLC now owns 1,518 shares of the utilities provider’s stock valued at $66,000 after purchasing an additional 264 shares in the last quarter. Quadrant Capital Group LLC bought a new stake in NiSource during the third quarter worth about $82,000. Acadian Asset Management LLC purchased a new position in shares of NiSource in the 1st quarter worth about $105,000. Finally, Parallel Advisors LLC increased its position in shares of NiSource by 8.8% during the 3rd quarter. Parallel Advisors LLC now owns 3,448 shares of the utilities provider’s stock valued at $149,000 after purchasing an additional 280 shares during the last quarter. Hedge funds and other institutional investors own 91.64% of the company’s stock.

NiSource Company Profile

NiSource, Inc (NYSE: NI) is a publicly traded energy holding company headquartered in Merrillville, Indiana, that primarily owns and operates regulated local gas and electric utilities in the United States. Through its operating subsidiaries, the company delivers natural gas and electricity to residential, commercial and industrial customers and provides the associated distribution and transmission services that keep local energy systems functioning.

The company’s core activities include natural gas distribution, electric transmission and distribution, system operations, maintenance and emergency response.