NYSE:NIIntegrated Utilities
Is NiSource (NI) Priced Too Rich After Strong Multi Year Share Price Gains
If you are wondering whether NiSource is offering fair value at around US$41.88 per share, this article will walk through what the current price really reflects.
NiSource's share price has been relatively steady in the short term, with a 0.4% decline over the last 7 days and a 0.3% decline over 30 days, while the longer term picture shows a 20.4% return over 1 year, 68.0% over 3 years and 126.9% over 5 years.
These returns sit against a backdrop of ongoing interest in regulated utilities...