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 guidance of 2.020-2.070 for the period, compared to the consensus earnings per share estimate of 2.040. The company issued revenue guidance of -.

NiSource Stock Up 0.7%

Shares of NYSE NI opened at $44.76 on Wednesday. The stock has a market capitalization of $21.36 billion, a P/E ratio of 23.68, a PEG ratio of 3.65 and a beta of 0.65. NiSource has a one year low of $35.64 and a one year high of $45.00. The firm’s 50 day simple moving average is $42.63 and its two-hundred day simple moving average is $42.55. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.52 and a quick ratio of 0.39.

NiSource (NYSE:NI) last announced its quarterly earnings data on Wednesday, February 11th. The utilities provider reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.02. NiSource had a net margin of 14.15% and a return on equity of 8.09%. The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.20 billion. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, analysts expect that NiSource will post 1.91 EPS for the current fiscal year.

NiSource Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Tuesday, February 3rd will be paid a $0.30 dividend. This is a boost from NiSource’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Tuesday, February 3rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.7%. NiSource’s dividend payout ratio is presently 63.49%.

Analysts Set New Price Targets

A number of brokerages have commented on NI. Mizuho lifted their price target on NiSource from $44.00 to $50.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. Wall Street Zen cut shares of NiSource from a “hold” rating to a “sell” rating in a report on Saturday, January 3rd. Jefferies Financial Group raised shares of NiSource from a “hold” rating to a “buy” rating and lifted their target price for the stock from $46.00 to $50.00 in a research note on Friday, October 31st. Evercore increased their price target on shares of NiSource from $46.00 to $47.00 and gave the company an “in-line” rating in a research report on Thursday, October 30th. Finally, Wells Fargo & Company raised their price target on shares of NiSource from $47.00 to $49.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $47.11.

Insider Buying and Selling

In related news, EVP Kimberly S. Cuccia sold 8,000 shares of NiSource stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $43.13, for a total value of $345,040.00. Following the sale, the executive vice president owned 41,247 shares in the company, 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 SEC, which is available at this link. 0.24% of the stock is owned by insiders.

Institutional Investors Weigh In On NiSource

Large investors have recently modified their holdings of the stock. NewEdge Advisors LLC increased its position in shares of NiSource by 60.1% during the first quarter. NewEdge Advisors LLC now owns 30,494 shares of the utilities provider’s stock valued at $1,223,000 after buying an additional 11,452 shares during the period. Woodline Partners LP boosted its position in NiSource by 41.6% during the 1st quarter. Woodline Partners LP now owns 39,703 shares of the utilities provider’s stock valued at $1,592,000 after acquiring an additional 11,671 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of NiSource during the 1st quarter worth approximately $105,000. Bank of Nova Scotia grew its holdings in shares of NiSource by 0.5% during the 2nd quarter. Bank of Nova Scotia now owns 49,220 shares of the utilities provider’s stock worth $1,986,000 after acquiring an additional 266 shares during the period. Finally, AXA S.A. purchased a new position in shares of NiSource in the 2nd quarter valued at approximately $1,054,000. Institutional investors own 91.64% of the company’s stock.

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.