NiSource (NYSE:NI) Issues Quarterly Earnings Results

NiSource (NYSE:NI) issued its quarterly earnings results on Wednesday. The utilities provider reported $0.51 EPS for the quarter, topping the consensus estimate of $0.49 by $0.02, FiscalAI reports. NiSource had a net margin of 14.15% and a return on equity of 8.09%. The company had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the previous year, the company earned $0.49 EPS. NiSource updated its FY 2026 guidance to 2.020-2.070 EPS.

NiSource Stock Performance

NiSource stock traded up $0.65 during midday trading on Wednesday, reaching $45.38. 1,430,918 shares of the company’s stock were exchanged, compared to its average volume of 4,086,579. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.39 and a current ratio of 0.52. The stock’s 50-day simple moving average is $42.63 and its 200 day simple moving average is $42.55. The firm has a market cap of $21.66 billion, a price-to-earnings ratio of 23.98, a P/E/G ratio of 3.65 and a beta of 0.65. NiSource has a 52 week low of $35.64 and a 52 week high of $45.62.

NiSource Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Tuesday, February 3rd will be paid a $0.30 dividend. This is an increase from NiSource’s previous quarterly dividend of $0.28. The ex-dividend date is Tuesday, February 3rd. This represents a $1.20 annualized dividend and a yield of 2.6%. NiSource’s dividend payout ratio (DPR) is 63.49%.

Insider Buying and Selling at NiSource

In related news, EVP Kimberly S. Cuccia sold 8,000 shares of NiSource stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $43.13, for a total value of $345,040.00. Following the transaction, the executive vice president directly owned 41,247 shares of the company’s stock, valued at $1,778,983.11. The trade was a 16.24% 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. Insiders own 0.24% of the company’s stock.

Institutional Trading of NiSource

Several institutional investors have recently made changes to their positions in NI. MUFG Securities EMEA plc purchased a new stake in shares of NiSource in the second quarter worth $56,000. Larson Financial Group LLC raised its holdings in NiSource by 21.1% in the third quarter. Larson Financial Group LLC now owns 1,518 shares of the utilities provider’s stock worth $66,000 after purchasing an additional 264 shares in the last quarter. Quadrant Capital Group LLC bought a new stake in shares of NiSource during the 3rd quarter valued at $82,000. Acadian Asset Management LLC purchased a new stake in shares of NiSource in the 1st quarter worth about $105,000. Finally, Parallel Advisors LLC lifted its position in NiSource by 8.8% during the 3rd quarter. Parallel Advisors LLC now owns 3,448 shares of the utilities provider’s stock valued at $149,000 after acquiring an additional 280 shares during the period. Institutional investors own 91.64% of the company’s stock.

Trending Headlines about NiSource

Here are the key news stories impacting NiSource this week:

• Positive Sentiment: Q4 beat and strong revenue — NiSource reported $0.51 EPS vs. $0.49 expected and reported $1.90B in revenue (well above some estimates). Results show improved margins and modest YoY EPS growth, supporting near‑term earnings credibility. NiSource beats fourth-quarter profit estimates, reaffirms 2026 forecast
• Positive Sentiment: Reaffirmed FY‑2026 guidance and capex plan — management reiterated EPS guidance of $2.020–2.070 and outlined a robust capital spending roadmap to serve rising commercial demand, including AI/data centers, which supports growth visibility and utility rate base expansion. View Press Release
• Positive Sentiment: Short interest fell sharply in January (down ~20% to ~8.65M shares), lowering potential selling pressure and the days‑to‑cover (~1.9 days) — this reduction can make upside moves stickier by removing some short liquidity.
• Neutral Sentiment: Sector view: Jefferies still likes dividend-paying utilities but urges caution — the firm’s interest in utilities can support inflows to names like NI, but its caution signals potential valuation/headwind risk if macro or rate trends shift. Jefferies Loves 5 Dividend-Paying Utility Stocks but Warns of Caution on the Sector
• Neutral Sentiment: Local/community activity — NiSource subsidiaries (NIPSCO, Columbia Gas) are opening environmental grant applications; positive for regulatory/community relations but unlikely to move the stock materially. 2026 Environmental Action Grant applications are open

Analysts Set New Price Targets

A number of research firms have recently weighed in on NI. BMO Capital Markets reissued an “outperform” rating and issued a $49.00 price target on shares of NiSource in a research note on Thursday, January 29th. Weiss Ratings restated a “buy (b)” rating on shares of NiSource in a research report on Monday, December 29th. UBS Group lifted their price objective on shares of NiSource from $45.00 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Jefferies Financial Group upgraded shares of NiSource from a “hold” rating to a “buy” rating and increased their target price for the stock from $46.00 to $50.00 in a report on Friday, October 31st. Finally, Barclays set a $45.00 price objective on shares of NiSource in a research report on Monday, December 8th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $47.11.

About NiSource

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.