Brokerages Set NiSource, Inc (NYSE:NI) Target Price at $50.30

NiSource, Inc (NYSE:NI) has earned a consensus recommendation of “Moderate Buy” from the twelve research firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $50.30.

Several brokerages have recently issued reports on NI. Royal Bank Of Canada assumed coverage on shares of NiSource in a research report on Wednesday, July 1st. They issued an “outperform” rating and a $52.00 target price on the stock. Citigroup raised their price target on shares of NiSource from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Evercore set a $52.00 price objective on NiSource in a report on Monday, May 11th. KeyCorp cut their price objective on NiSource from $52.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, July 23rd. Finally, Wall Street Zen cut NiSource from a “hold” rating to a “sell” rating in a report on Saturday, May 16th.

Insider Buying and Selling at NiSource

In related news, EVP Melanie B. Berman sold 15,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $47.68, for a total value of $715,200.00. Following the completion of the transaction, the executive vice president directly owned 35,990 shares of the company’s stock, valued at approximately $1,716,003.20. This represents a 29.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Melody Birmingham sold 10,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $47.19, for a total value of $471,900.00. Following the completion of the transaction, the executive vice president owned 117,899 shares in the company, valued at $5,563,653.81. The trade was a 7.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 27,500 shares of company stock valued at $1,305,675. 0.37% of the stock is owned by corporate insiders.

Institutional Trading of NiSource

Several large investors have recently bought and sold shares of NI. Vanguard Group Inc. lifted its stake in NiSource by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 62,408,533 shares of the utilities provider’s stock worth $2,606,180,000 after purchasing an additional 1,032,630 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in shares of NiSource by 19.0% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 51,504,257 shares of the utilities provider’s stock valued at $2,150,818,000 after purchasing an additional 8,240,227 shares during the last quarter. State Street Corp increased its holdings in shares of NiSource by 4.5% in the fourth quarter. State Street Corp now owns 26,735,119 shares of the utilities provider’s stock valued at $1,116,459,000 after purchasing an additional 1,154,351 shares during the last quarter. Orion Porfolio Solutions LLC lifted its position in NiSource by 55,625.2% during the second quarter. Orion Porfolio Solutions LLC now owns 16,866,898 shares of the utilities provider’s stock worth $680,411,000 after buying an additional 16,836,630 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in NiSource by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 12,459,421 shares of the utilities provider’s stock worth $518,301,000 after buying an additional 245,110 shares during the last quarter. Hedge funds and other institutional investors own 91.64% of the company’s stock.

NiSource Trading Up 0.9%

Shares of NI stock opened at $43.29 on Friday. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.50 and a quick ratio of 0.56. The company has a market cap of $20.75 billion, a price-to-earnings ratio of 23.02, a PEG ratio of 3.19 and a beta of 0.55. The stock has a 50 day simple moving average of $46.40 and a 200-day simple moving average of $46.43. NiSource has a 1-year low of $38.45 and a 1-year high of $49.21.

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

NiSource Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Friday, July 31st will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, July 31st. NiSource’s payout ratio is presently 59.70%.

Key Stories Impacting NiSource

Here are the key news stories impacting NiSource this week:

• Positive Sentiment: NiSource reported second-quarter adjusted EPS of $0.16, in line with consensus, while revenue of $1.34 billion exceeded estimates of approximately $1.15 billion. Results benefited from gains at NIPSCO, which offset weaker performance at Columbia. NiSource Q2 Earnings Top Estimates on NIPSCO Gains, Data Center Demand
• Positive Sentiment: Management reaffirmed its $2.02-$2.07 adjusted EPS outlook for 2026 and maintained its target for 9%-10% adjusted EPS compound annual growth through 2033, supporting the long-term growth case. NiSource Reaffirms 2026 EPS and Long-Term Growth Target
• Positive Sentiment: The company continues to execute a $28.6 billion 2026-2030 capital plan, including $7.6 billion for strategic data-center infrastructure. Agreements with Amazon and Alphabet are expected to produce $1.4 billion in savings for existing customers, potentially strengthening demand visibility and regulatory support.
• Neutral Sentiment: Analysts continue to view NiSource favorably, with the stock receiving a consensus “Moderate Buy” rating. NiSource Given Consensus Moderate Buy Rating
• Negative Sentiment: GAAP net income available to common shareholders fell to $45.5 million, or $0.09 per diluted share, from $102.2 million, or $0.22, a year earlier. Adjusted EPS also declined from $0.22, highlighting weaker year-over-year profitability despite the revenue beat. NiSource Q2 GAAP Net Income Falls
• Negative Sentiment: 2026 guidance was maintained at $2.02-$2.07 rather than raised, with the midpoint slightly below the roughly $2.06 analyst consensus. Recent insider activity also shows sales and no reported purchases, a modest negative sentiment signal.

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.