NiSource (NYSE:NI) Issues FY 2026 Earnings Guidance

NiSource (NYSE:NI) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.020-2.070 for the period, compared to the consensus earnings per share estimate of 2.060. The company issued revenue guidance of -.

NiSource Price Performance

NYSE:NI traded down $0.36 during mid-day trading on Friday, hitting $43.02. The company’s stock had a trading volume of 2,945,892 shares, compared to its average volume of 4,435,833. The company has a market capitalization of $20.62 billion, a price-to-earnings ratio of 22.87, a P/E/G ratio of 3.19 and a beta of 0.55. The company has a current ratio of 0.50, a quick ratio of 0.56 and a debt-to-equity ratio of 1.31. NiSource has a fifty-two week low of $38.45 and a fifty-two week high of $49.21. The stock has a fifty day moving average of $46.40 and a 200-day moving average of $46.43.

NiSource (NYSE:NI) last released its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $0.16 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.16. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.15 billion. NiSource had a return on equity of 7.95% and a net margin of 13.20%.During the same period in the previous year, the business earned $0.22 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, equities analysts forecast that NiSource will post 2.05 EPS for the current fiscal year.

NiSource Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Friday, July 31st will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $1.20 annualized dividend and a dividend yield of 2.8%. NiSource’s dividend payout ratio is currently 59.70%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on NI shares. Wall Street Zen cut shares of NiSource from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. KeyCorp dropped their price objective on shares of NiSource from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Wells Fargo & Company raised their price target on shares of NiSource from $51.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. BMO Capital Markets cut their target price on shares of NiSource from $51.00 to $49.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Finally, Royal Bank Of Canada initiated coverage on NiSource in a research report on Wednesday, July 1st. They set an “outperform” rating and a $52.00 target price on the stock. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NiSource has an average rating of “Moderate Buy” and a consensus price target of $50.30.

Insider Buying and Selling

In other NiSource news, EVP Melanie B. Berman sold 15,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $47.68, for a total transaction of $715,200.00. Following the transaction, the executive vice president directly owned 35,990 shares of the company’s stock, valued at approximately $1,716,003.20. This trade represents a 29.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Melody Birmingham sold 10,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $47.19, for a total value of $471,900.00. Following the transaction, the executive vice president directly owned 117,899 shares in the company, valued at approximately $5,563,653.81. This represents a 7.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 27,500 shares of company stock worth $1,305,675. Insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On NiSource

Large investors have recently bought and sold shares of the business. Strive Financial Group LLC acquired a new stake in shares of NiSource in the 4th quarter valued at $26,000. Zions Bancorporation National Association UT grew its holdings in shares of NiSource by 113.8% in the 4th quarter. Zions Bancorporation National Association UT now owns 620 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 330 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new stake in shares of NiSource during the 4th quarter worth approximately $27,000. Acumen Wealth Advisors LLC bought a new stake in NiSource during the fourth quarter worth $28,000. Finally, DV Equities LLC acquired a new position in shares of NiSource during the 4th quarter worth about $28,000. Institutional investors own 91.64% of the company’s stock.

About NiSource

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.