NiSource (NI) – Research Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of NiSource (NYSE: NI) in the last few weeks:

• 10/19/2026 – NiSource had its price target raised by BMO Capital Markets from $45.00 to $48.00. They now have an “outperform” rating on the stock.
• 10/19/2026 – NiSource had its price target lowered by Barclays PLC from $45.00 to $44.00. They now have an “overweight” rating on the stock.
• 10/14/2026 – NiSource had its price target lowered by Citigroup Inc. from $49.00 to $45.00. They now have a “neutral” rating on the stock.
• 10/13/2026 – NiSource had its price target lowered by KeyCorp from $50.00 to $48.00. They now have an “overweight” rating on the stock.
• 9/29/2026 – NiSource is now covered by Scotiabank. They set a “sector perform” rating and a $43.00 price target on the stock.
• 9/28/2026 – NiSource had its price target lowered by BMO Capital Markets from $49.00 to $45.00. They now have an “outperform” rating on the stock.
• 9/22/2026 – NiSource was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 8/26/2026 – NiSource had its price target lowered by Mizuho from $50.00 to $48.00. They now have an “outperform” rating on the stock.

NiSource Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, October 30th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, October 30th. NiSource’s dividend payout ratio (DPR) is currently 63.83%.

Insider Activity at NiSource

In related news, EVP Melody Birmingham sold 37,509 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $42.40, for a total transaction of $1,590,381.60. Following the transaction, the executive vice president owned 78,527 shares in the company, valued at $3,329,544.80. This trade represents a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.37% of the stock is owned by corporate insiders.

NiSource Inc is a regulated energy holding company based in Merrillville, Indiana. Through its operating companies, the company provides natural gas distribution and electric utility services to residential, commercial and industrial customers.

NiSource’s natural gas operations include Columbia Gas utilities serving customers in several states, including Kentucky, Maryland, Ohio, Pennsylvania and Virginia. Its electric utility, Northern Indiana Public Service Company (NIPSCO), serves customers in northern Indiana and provides both electric power and natural gas services.

The company’s operations include energy delivery infrastructure, utility system maintenance, customer services and investments intended to support reliability and the transition of its generation portfolio.