(NI) NiSource - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US65473P1057
Stock:
Total Rating 44
Risk 61
Buy Signal 0.81
| Risk 5d forecast | |
|---|---|
| Volatility | 18.9% |
| Relative Tail Risk | 2.61% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.82 |
| Alpha | 11.44 |
| Character TTM | |
|---|---|
| Beta | 0.315 |
| Beta Downside | 0.639 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.04% |
| CAGR/Max DD | 1.28 |
EPS (Earnings per Share)
Revenue
Description: NI 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, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: 929.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 1.56 > 1.0 |
| NWC/Revenue: -16.26% < 20% (prev -37.27%; Δ 21.01% < -1%) |
| CFO/TA 0.06 > 3% & CFO 2.36b > Net Income 929.5m |
| Net Debt (16.10b) to EBITDA (3.02b): 5.33 < 3 |
| Current Ratio: 0.69 > 1.5 & < 3 |
| Outstanding Shares: last quarter (474.5m) vs 12m ago 0.98% < -2% |
| Gross Margin: 52.95% > 18% (prev 0.51%; Δ 5244 % > 0.5%) |
| Asset Turnover: 19.44% > 50% (prev 17.16%; Δ 2.28% > 0%) |
| Interest Coverage Ratio: 2.90 > 6 (EBITDA TTM 3.02b / Interest Expense TTM 639.0m) |
Altman Z'' 0.13
| A: -0.03 (Total Current Assets 2.38b - Total Current Liabilities 3.46b) / Total Assets 36.55b |
| B: -0.01 (Retained Earnings -315.2m / Total Assets 36.55b) |
| C: 0.05 (EBIT TTM 1.85b / Avg Total Assets 34.17b) |
| D: -0.01 (Book Value of Equity -316.6m / Total Liabilities 24.89b) |
| Altman-Z'' Score: 0.13 = B |
Beneish M -2.84
| DSRI: 1.03 (Receivables 1.26b/1.01b, Revenue 6.64b/5.46b) |
| GMI: 0.97 (GM 52.95% / 51.47%) |
| AQI: 1.12 (AQ_t 0.15 / AQ_t-1 0.13) |
| SGI: 1.22 (Revenue 6.64b / 5.46b) |
| TATA: -0.04 (NI 929.5m - CFO 2.36b) / TA 36.55b) |
| Beneish M-Score: -2.84 (Cap -4..+1) = A |
What is the price of NI shares?
As of February 26, 2026, the stock is trading at USD 46.53 with a total of 4,296,335 shares traded.
Over the past week, the price has changed by +2.72%, over one month by +6.69%, over three months by +8.60% and over the past year by +20.01%.
Over the past week, the price has changed by +2.72%, over one month by +6.69%, over three months by +8.60% and over the past year by +20.01%.
Is NI a buy, sell or hold?
NiSource has received a consensus analysts rating of 4.47.
Therefore, it is recommended to buy NI.
- StrongBuy: 11
- Buy: 4
- Hold: 1
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the NI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 48.1 | 3.3% |
| Analysts Target Price | 48.1 | 3.3% |
NI Fundamental Data Overview February 26, 2026
P/E Trailing = 24.4316
P/E Forward = 21.322
P/S = 3.3073
P/B = 2.2847
P/EG = 2.4525
Revenue TTM = 6.64b USD
EBIT TTM = 1.85b USD
EBITDA TTM = 3.02b USD
Long Term Debt = 15.46b USD (from longTermDebt, last quarter)
Short Term Debt = 765.4m USD (from shortTermDebt, last quarter)
Debt = 16.24b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 16.10b USD (from netDebt column, last quarter)
Enterprise Value = 38.10b USD (21.97b + Debt 16.24b - CCE 110.1m)
Interest Coverage Ratio = 2.90 (Ebit TTM 1.85b / Interest Expense TTM 639.0m)
EV/FCF = -90.71x (Enterprise Value 38.10b / FCF TTM -420.0m)
FCF Yield = -1.10% (FCF TTM -420.0m / Enterprise Value 38.10b)
FCF Margin = -6.32% (FCF TTM -420.0m / Revenue TTM 6.64b)
Net Margin = 13.99% (Net Income TTM 929.5m / Revenue TTM 6.64b)
Gross Margin = 52.95% ((Revenue TTM 6.64b - Cost of Revenue TTM 3.12b) / Revenue TTM)
Gross Margin QoQ = 58.12% (prev 53.29%)
Tobins Q-Ratio = 1.04 (Enterprise Value 38.10b / Total Assets 36.55b)
Interest Expense / Debt = 1.15% (Interest Expense 187.3m / Debt 16.24b)
Taxrate = 16.17% (53.7m / 332.1m)
NOPAT = 1.55b (EBIT 1.85b * (1 - 16.17%))
Current Ratio = 0.69 (Total Current Assets 2.38b / Total Current Liabilities 3.46b)
Debt / Equity = 1.72 (Debt 16.24b / totalStockholderEquity, last quarter 9.45b)
Debt / EBITDA = 5.33 (Net Debt 16.10b / EBITDA 3.02b)
Debt / FCF = -38.34 (negative FCF - burning cash) (Net Debt 16.10b / FCF TTM -420.0m)
Total Stockholder Equity = 9.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.72% (Net Income 929.5m / Total Assets 36.55b)
RoE = 10.23% (Net Income TTM 929.5m / Total Stockholder Equity 9.09b)
RoCE = 7.54% (EBIT 1.85b / Capital Employed (Equity 9.09b + L.T.Debt 15.46b))
RoIC = 6.35% (NOPAT 1.55b / Invested Capital 24.43b)
WACC = 4.48% (E(21.97b)/V(38.21b) * Re(7.08%) + D(16.24b)/V(38.21b) * Rd(1.15%) * (1-Tc(0.16)))
Discount Rate = 7.08% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 2.77%
[DCF] Fair Price = unknown (Cash Flow -420.0m)
EPS Correlation: 13.95 | EPS CAGR: -9.77% | SUE: 0.59 | # QB: 0
Revenue Correlation: 11.01 | Revenue CAGR: 0.42% | SUE: 1.85 | # QB: 2
EPS next Quarter (2026-03-31): EPS=1.06 | Chg7d=+0.010 | Chg30d=+0.004 | Revisions Net=+3 | Analysts=7
EPS current Year (2026-12-31): EPS=2.05 | Chg7d=+0.002 | Chg30d=+0.007 | Revisions Net=+3 | Growth EPS=+8.0% | Growth Revenue=+1.2%
EPS next Year (2027-12-31): EPS=2.22 | Chg7d=+0.002 | Chg30d=+0.005 | Revisions Net=+3 | Growth EPS=+8.2% | Growth Revenue=+5.4%
[Analyst] Revisions Ratio: +1.00 (3 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.9% (Discount Rate 7.9% - Earnings Yield 4.1%)
[Growth] Growth Spread = +44.6% (Analyst 48.4% - Implied 3.9%)
P/E Forward = 21.322
P/S = 3.3073
P/B = 2.2847
P/EG = 2.4525
Revenue TTM = 6.64b USD
EBIT TTM = 1.85b USD
EBITDA TTM = 3.02b USD
Long Term Debt = 15.46b USD (from longTermDebt, last quarter)
Short Term Debt = 765.4m USD (from shortTermDebt, last quarter)
Debt = 16.24b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 16.10b USD (from netDebt column, last quarter)
Enterprise Value = 38.10b USD (21.97b + Debt 16.24b - CCE 110.1m)
Interest Coverage Ratio = 2.90 (Ebit TTM 1.85b / Interest Expense TTM 639.0m)
EV/FCF = -90.71x (Enterprise Value 38.10b / FCF TTM -420.0m)
FCF Yield = -1.10% (FCF TTM -420.0m / Enterprise Value 38.10b)
FCF Margin = -6.32% (FCF TTM -420.0m / Revenue TTM 6.64b)
Net Margin = 13.99% (Net Income TTM 929.5m / Revenue TTM 6.64b)
Gross Margin = 52.95% ((Revenue TTM 6.64b - Cost of Revenue TTM 3.12b) / Revenue TTM)
Gross Margin QoQ = 58.12% (prev 53.29%)
Tobins Q-Ratio = 1.04 (Enterprise Value 38.10b / Total Assets 36.55b)
Interest Expense / Debt = 1.15% (Interest Expense 187.3m / Debt 16.24b)
Taxrate = 16.17% (53.7m / 332.1m)
NOPAT = 1.55b (EBIT 1.85b * (1 - 16.17%))
Current Ratio = 0.69 (Total Current Assets 2.38b / Total Current Liabilities 3.46b)
Debt / Equity = 1.72 (Debt 16.24b / totalStockholderEquity, last quarter 9.45b)
Debt / EBITDA = 5.33 (Net Debt 16.10b / EBITDA 3.02b)
Debt / FCF = -38.34 (negative FCF - burning cash) (Net Debt 16.10b / FCF TTM -420.0m)
Total Stockholder Equity = 9.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.72% (Net Income 929.5m / Total Assets 36.55b)
RoE = 10.23% (Net Income TTM 929.5m / Total Stockholder Equity 9.09b)
RoCE = 7.54% (EBIT 1.85b / Capital Employed (Equity 9.09b + L.T.Debt 15.46b))
RoIC = 6.35% (NOPAT 1.55b / Invested Capital 24.43b)
WACC = 4.48% (E(21.97b)/V(38.21b) * Re(7.08%) + D(16.24b)/V(38.21b) * Rd(1.15%) * (1-Tc(0.16)))
Discount Rate = 7.08% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 2.77%
[DCF] Fair Price = unknown (Cash Flow -420.0m)
EPS Correlation: 13.95 | EPS CAGR: -9.77% | SUE: 0.59 | # QB: 0
Revenue Correlation: 11.01 | Revenue CAGR: 0.42% | SUE: 1.85 | # QB: 2
EPS next Quarter (2026-03-31): EPS=1.06 | Chg7d=+0.010 | Chg30d=+0.004 | Revisions Net=+3 | Analysts=7
EPS current Year (2026-12-31): EPS=2.05 | Chg7d=+0.002 | Chg30d=+0.007 | Revisions Net=+3 | Growth EPS=+8.0% | Growth Revenue=+1.2%
EPS next Year (2027-12-31): EPS=2.22 | Chg7d=+0.002 | Chg30d=+0.005 | Revisions Net=+3 | Growth EPS=+8.2% | Growth Revenue=+5.4%
[Analyst] Revisions Ratio: +1.00 (3 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.9% (Discount Rate 7.9% - Earnings Yield 4.1%)
[Growth] Growth Spread = +44.6% (Analyst 48.4% - Implied 3.9%)