NiSource (NYSE:NI) Releases FY 2026 Earnings Guidance

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Barclays lifted their target price on shares of NiSource from $45.00 to $49.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. KeyCorp initiated coverage on shares of NiSource in a research report on Tuesday, March 31st. They set an “overweight” rating and a $52.00 price target on the stock. Weiss Ratings cut shares of NiSource from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Wall Street Zen raised shares of NiSource from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. Finally, Citigroup boosted their price target on shares of NiSource from $44.00 to $47.00 and gave the company a “neutral” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $48.80.

NiSource Stock Up 0.2%

Shares of NI opened at $48.19 on Wednesday. The firm has a market cap of $23.10 billion, a P/E ratio of 24.71, a price-to-earnings-growth ratio of 3.84 and a beta of 0.57. NiSource has a 12-month low of $37.22 and a 12-month high of $48.98. The company’s 50-day moving average price is $47.09 and its 200 day moving average price is $44.52. 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 (NYSE:NI) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.06. The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.52 billion. NiSource had a net margin of 13.99% and a return on equity of 8.07%. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. On average, sell-side analysts forecast that NiSource will post 2.05 earnings per share for the current year.

NiSource Announces Dividend

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

Institutional Trading of NiSource

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP increased its stake in NiSource by 52.4% during the fourth quarter. Quarry LP now owns 4,319 shares of the utilities provider’s stock worth $180,000 after purchasing an additional 1,485 shares during the period. Parallel Advisors LLC lifted its position in shares of NiSource by 15.4% during the fourth quarter. Parallel Advisors LLC now owns 3,978 shares of the utilities provider’s stock worth $166,000 after purchasing an additional 530 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of NiSource during the first quarter worth about $105,000. Quadrant Capital Group LLC acquired a new stake in shares of NiSource during the third quarter worth about $82,000. Finally, Larson Financial Group LLC lifted its position in shares of NiSource by 21.1% during 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. 91.64% of the stock is currently owned by hedge funds and other institutional investors.

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.