NiSource (NYSE:NI) Releases Quarterly Earnings Results

NiSource (NYSE:NI) issued its quarterly earnings data on Wednesday. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the firm earned $0.49 EPS. NiSource updated its FY 2026 guidance to 2.020-2.070 EPS.

NiSource Price Performance

Shares of NI stock traded up $0.65 during trading hours on Wednesday, hitting $45.38. The company’s stock had a trading volume of 1,430,918 shares, compared to its average volume of 4,086,579. The company has a current ratio of 0.52, a quick ratio of 0.39 and a debt-to-equity ratio of 1.29. The business has a fifty day moving average of $42.63 and a 200-day moving average of $42.55. NiSource has a twelve month low of $35.64 and a twelve month high of $45.62. The stock 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 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Tuesday, February 3rd will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.6%. This is a boost from NiSource’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Tuesday, February 3rd. NiSource’s payout ratio is currently 63.49%.

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

Analyst Ratings Changes

A number of research analysts have commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of NiSource in a research note on Monday, December 29th. Mizuho lifted their target price on shares of NiSource from $44.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, December 3rd. Evercore increased their price target on shares of NiSource from $46.00 to $47.00 and gave the stock an “in-line” rating in a research note on Thursday, October 30th. Barclays set a $45.00 target price on shares of NiSource in a report on Monday, December 8th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $49.00 price target on shares of NiSource in a report on Thursday, January 29th. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $47.11.

Insider Buying and Selling

In other news, EVP Kimberly S. Cuccia sold 8,000 shares of the business’s stock in a transaction 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 completion of 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 SEC, which is available through the SEC website. Company insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On NiSource

A number of institutional investors and hedge funds have recently bought and sold shares of NI. MUFG Securities EMEA plc acquired a new position in shares of NiSource during the 2nd quarter valued at about $56,000. Larson Financial Group LLC grew its holdings in NiSource by 21.1% during the 3rd quarter. Larson Financial Group LLC now owns 1,518 shares of the utilities provider’s stock worth $66,000 after acquiring an additional 264 shares during the last quarter. Quadrant Capital Group LLC acquired a new stake in NiSource in the 3rd quarter valued at about $82,000. Acadian Asset Management LLC acquired a new position in shares of NiSource during the first quarter worth approximately $105,000. Finally, Parallel Advisors LLC increased its holdings in shares of NiSource by 8.8% in the third quarter. Parallel Advisors LLC now owns 3,448 shares of the utilities provider’s stock valued at $149,000 after purchasing an additional 280 shares in the last quarter. 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.