NiSource (NYSE:NI) Updates FY 2025 Earnings Guidance

NiSource (NYSE:NI) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.850-1.890 for the period, compared to the consensus earnings per share estimate of 1.860. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Mizuho raised their target price on shares of NiSource from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. lifted their target price on NiSource from $36.00 to $38.00 and gave the stock an “overweight” rating in a report on Wednesday, October 23rd. Jefferies Financial Group began coverage on NiSource in a research note on Monday, October 28th. They set a “buy” rating and a $39.00 price target for the company. Barclays raised their price target on NiSource from $35.00 to $38.00 and gave the company an “overweight” rating in a report on Monday, October 21st. Finally, Wells Fargo & Company increased their target price on NiSource from $39.00 to $43.00 and gave the company an “overweight” rating in a research report on Thursday. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, NiSource has an average rating of “Moderate Buy” and a consensus target price of $38.13.

NiSource Price Performance

Shares of NiSource stock opened at $39.92 on Friday. The stock has a market cap of $18.63 billion, a price-to-earnings ratio of 24.23, a price-to-earnings-growth ratio of 2.50 and a beta of 0.54. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.35 and a current ratio of 0.46. The stock has a 50 day moving average price of $37.04 and a 200-day moving average price of $35.25. NiSource has a one year low of $25.45 and a one year high of $39.88.

NiSource (NYSE:NI) last posted its quarterly earnings data on Wednesday, February 12th. The utilities provider reported $0.49 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.05). NiSource had a return on equity of 8.27% and a net margin of 14.63%. During the same quarter in the previous year, the business earned $0.53 EPS. Equities analysts expect that NiSource will post 1.73 EPS for the current year.

NiSource Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, February 3rd will be paid a $0.28 dividend. The ex-dividend date is Monday, February 3rd. This represents a $1.12 annualized dividend and a yield of 2.81%. This is an increase from NiSource’s previous quarterly dividend of $0.27. NiSource’s dividend payout ratio (DPR) is presently 67.88%.

About NiSource

NiSource Inc, an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.