NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. More Details
+ 1 more risk
Moderate growth potential unattractive dividend payer.
Share Price & News
How has NiSource's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NI's weekly volatility (3%) has been stable over the past year.
7 Day Return
US Integrated Utilities
1 Year Return
US Integrated Utilities
Return vs Industry: NI underperformed the US Integrated Utilities industry which returned 19.3% over the past year.
Return vs Market: NI underperformed the US Market which returned 50.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NiSource's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHere's Why NiSource (NYSE:NI) Is Weighed Down By Its Debt Load
1 month ago | Simply Wall StTrade Alert: The Senior VP & President of NIPSCO Of NiSource Inc. (NYSE:NI), Michael Hooper, Has Sold Some Shares Recently
2 months ago | Simply Wall StIs NiSource Inc. (NYSE:NI) A Good Dividend Stock?
Is NiSource undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NI ($25.75) is trading above our estimate of fair value ($19.67)
Significantly Below Fair Value: NI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NI is poor value based on its PE Ratio (67.2x) compared to the US Integrated Utilities industry average (21.6x).
PE vs Market: NI is poor value based on its PE Ratio (67.2x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: NI is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: NI is good value based on its PB Ratio (2x) compared to the US Integrated Utilities industry average (2.1x).
How is NiSource forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NI's forecast earnings growth (21.2% per year) is above the savings rate (2%).
Earnings vs Market: NI's earnings (21.2% per year) are forecast to grow faster than the US market (14.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NI's revenue (6.1% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: NI's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NI's Return on Equity is forecast to be low in 3 years time (9.1%).
How has NiSource performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NI has a large one-off loss of $424.8M impacting its March 31 2021 financial results.
Growing Profit Margin: NI's current net profit margins (3.2%) are lower than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: NI's earnings have declined by 29.7% per year over the past 5 years.
Accelerating Growth: NI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NI had negative earnings growth (-19.8%) over the past year, making it difficult to compare to the Integrated Utilities industry average (21.3%).
Return on Equity
High ROE: NI's Return on Equity (3.4%) is considered low.
How is NiSource's financial position?
Financial Position Analysis
Short Term Liabilities: NI's short term assets ($1.6B) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: NI's short term assets ($1.6B) do not cover its long term liabilities ($13.9B).
Debt to Equity History and Analysis
Debt Level: NI's debt to equity ratio (159%) is considered high.
Reducing Debt: NI's debt to equity ratio has reduced from 177.4% to 159% over the past 5 years.
Debt Coverage: NI's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: NI's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is NiSource current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NI's dividend (3.42%) is higher than the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: NI's dividend (3.42%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: NI's dividend payments have been volatile in the past 10 years.
Growing Dividend: NI's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (224.4%), NI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NI's dividends in 3 years are forecast to be covered by earnings (64.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joe Hamrock (56 yo)
Mr. Joseph J. Hamrock, also known as Joe, is Treasurer at OhioHealth Corp. since 1st July 2020. He has been the Chief Executive Officer and President of NiSource Inc. since July 1, 2015. Mr. Hamrock serves...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD6.46M) is below average for companies of similar size in the US market ($USD11.16M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Experienced Management: NI's management team is considered experienced (2.3 years average tenure).
Experienced Board: NI's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
NiSource Inc.'s company bio, employee growth, exchange listings and data sources
- Name: NiSource Inc.
- Ticker: NI
- Exchange: NYSE
- Founded: 1847
- Industry: Multi-Utilities
- Sector: Utilities
- Market Cap: US$10.100b
- Shares outstanding: 392.22m
- Website: https://www.nisource.com
Number of Employees
- NiSource Inc.
- 801 East 86th Avenue
- United States
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. The company operates through two segments, Gas Distribution Operations and E...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 23:37|
|End of Day Share Price||2021/05/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.