NiSource (NYSE:NI) Issues FY 2026 Earnings Guidance

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

NiSource Stock Performance

Shares of NYSE NI opened at $48.19 on Wednesday. The company has a current ratio of 0.69, a quick ratio of 0.56 and a debt-to-equity ratio of 1.33. NiSource has a 12 month low of $37.22 and a 12 month high of $48.98. The company has a 50 day simple moving average of $47.09 and a two-hundred day simple moving average of $44.52. The stock has a market cap of $23.10 billion, a price-to-earnings ratio of 24.71, a PEG ratio of 3.84 and a beta of 0.57.

NiSource (NYSE:NI) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.06 EPS for the quarter, meeting the consensus estimate of $1.06. NiSource had a net margin of 13.99% and a return on equity of 8.07%. The business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.52 billion. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, analysts predict that NiSource will post 2.05 earnings per share for the current year.

NiSource Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Thursday, April 30th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, April 30th. NiSource’s payout ratio is 61.54%.

Analysts Set New Price Targets

Several research firms have recently weighed in on NI. Wall Street Zen raised shares of NiSource from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. KeyCorp began coverage on shares of NiSource in a report on Tuesday, March 31st. They set an “overweight” rating and a $52.00 target price for the company. Barclays lifted their target price on shares of NiSource from $45.00 to $49.00 and gave the company an “overweight” rating in a report on Friday, April 17th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $51.00 target price on shares of NiSource in a report on Tuesday, April 21st. Finally, Weiss Ratings lowered shares of NiSource from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $48.80.

Institutional Investors Weigh In On NiSource

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strive Financial Group LLC acquired a new stake in NiSource during the 4th quarter worth $26,000. Zions Bancorporation National Association UT boosted its stake in NiSource by 113.8% during the 4th quarter. Zions Bancorporation National Association UT now owns 620 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 330 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new stake in NiSource during the 4th quarter worth $27,000. DV Equities LLC acquired a new stake in NiSource during the 4th quarter worth $28,000. Finally, Acumen Wealth Advisors LLC acquired a new stake in NiSource during the 4th quarter worth $28,000. Institutional investors and hedge funds 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.