- Regulated Gas
- Utilities
-
1.67
EPS
-
18.80
P/E
-
14B
MARKET CAP
-
2.49%
DIV YIELD
Company Overview
801 EAST 86TH AVE,MERRILLVILLE IN 46410-6272,2196475200
CEO
Mr. Lloyd M. Yates
Employess
7364
Sector
Utilities
Industry
Regulated Gas
Website
https://www.nisource.com
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
Next Earnings Date
Oct. 30, 2024
Ex Dividends date
Aug. 20, 2024
Dividend Date
July 30, 2024
YTD Performance
15.99%
Fiscal Year End
12-31
IPO Date
1962-12-16
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | -0.27% | 1.48% | 5.55% | -5.90% |
EPS | -0.67% | 67.94% | 255.92% | -13.59% |
Equity | 3.46% | 7.53% | 12.86% | 9.16% |
Cash | 55.71% | 81.89% | 168.12% | 5403.43% |
Return On Capital (ROIC) | 4.04% | 4.87% | 5.08% | 4.79% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 3,070 | 2,140 | 618 | 526 | 1,790 |
Long Term Debt | 11,100 | 9,520 | 9,180 | 9,220 | 7,860 |
LT Finance Leases | 207 | 211 | 220 | 202 | 240 |
Shares Outstanding | 416 | 407 | 394 | 384 | 375 |
Market Cap | 11,000 | 11,200 | 10,900 | 8,820 | 10,400 |
Price
News
5 Low-Beta Stocks to Buy as Volatility Returns to Wall Street
2 monthsStocks like Atmos Energy Corporation (ATO), NiSource Inc. (NI), FirstEnergy Corp. (FE), Kimberly-Clark Corporation (KMB) and Limoneira Company (LMNR) are safe bets during this ongoing market volatility.
zacks.comNI or PPL: Which Is a Better Utility Electric Power Stock?
2 monthsBoth NiSource (NI) and PPL work efficiently and continue to provide reliable services to their customers.
zacks.comIs NiSource (NI) a Solid Growth Stock? 3 Reasons to Think "Yes"
2 monthsNiSource (NI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
zacks.comWhy NiSource (NI) is Poised to Beat Earnings Estimates Again
2 monthsNiSource (NI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.comNiSource (NI) Is a Great Choice for 'Trend' Investors, Here's Why
2 monthsNiSource (NI) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
zacks.comNiSource (NI) Rides on Strategic Investments & Cost Management
2 monthsNiSource Inc. (NI) gains from strategic investments to strengthen its infrastructure, the shift to clean power generation, and efficient cost management. Yet, risks relating to numerous laws and regulations remain.
zacks.comNiSource's Equity Issuance Reduces Upside (Rating Downgrade)
3 monthsNiSource stock has underperformed the market due to elevated interest rates affecting dividend-oriented and utility stocks. NiSource reported solid earnings growth in Q1, with operating income rising in both Columbia Gas and NIPSCO segments. The company plans to issue significant equity to fund growth projects, creating downside risk to EPS growth and dividend growth rates.
seekingalpha.comNiSource (NI) is a Top-Ranked Growth Stock: Should You Buy?
3 monthsThe Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
zacks.comNiSource achieves international certification for system and safety management practices
4 monthsMERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) announced today that it has achieved two international certifications for best-in-class operational standards for its gas operations. NiSource is one of the first utilities in the world to hold the International Organization for Standardization (ISO) 55001 and American Petroleum Institute's Recommended Practice (API RP) 1173 certifications. Both certifications were awarded by LRQA, one of the world's leading providers of professional.
businesswire.comNiSource (NI) Rides on Infrastructure Upgrade & Clean Assets
4 monthsNiSource's (NI) planned investments to strengthen its existing infrastructure will further improve its service reliability and drive performance.
zacks.comNiSource declares common stock dividends
4 monthsMERRILLVILLE, Ind.--(BUSINESS WIRE)--The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable August 20, 2024, to stockholders of record at the close of business on July 31, 2024. About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through it.
businesswire.comNiSource Inc. (NI) Q1 2024 Earnings Call Transcript
4 monthsNiSource Inc. (NYSE:NI ) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Chris Turnure - Director of Investor Relations Lloyd Yates - President and Chief Executive Officer Michael Luhrs - Executive Vice President of Strategy and Risk and Chief Commercial Officer Shawn Anderson - Executive Vice President and Chief Financial Officer Melody Birmingham - Executive Vice President and Group President, NiSource Utilities Conference Call Participants Travis Miller - Morningstar William Appicelli - UBS Securities Operator Thank you for standing by at this time. I'd like to welcome everyone to the Q1 2024 NiSource Earnings Conference Call.
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