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NI

NiSource NYSE:NI Stock Report

Last Price

US$30.28

Market Cap

US$12.3b

7D

-0.1%

1Y

19.1%

Updated

21 May, 2022

Data

Company Financials +
NI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health2/6
Dividends3/6

NI Stock Overview

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States.

NiSource Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NiSource
Historical stock prices
Current Share PriceUS$30.28
52 Week HighUS$32.59
52 Week LowUS$23.65
Beta0.36
1 Month Change-3.54%
3 Month Change6.43%
1 Year Change19.12%
3 Year Change6.21%
5 Year Change18.47%
Change since IPO214.60%

Recent News & Updates

May 09
NiSource's (NYSE:NI) Returns Have Hit A Wall

NiSource's (NYSE:NI) Returns Have Hit A Wall

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

Shareholder Returns

NIUS Integrated UtilitiesUS Market
7D-0.1%-0.3%-2.7%
1Y19.1%9.6%-12.9%

Return vs Industry: NI exceeded the US Integrated Utilities industry which returned 9.6% over the past year.

Return vs Market: NI exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is NI's price volatile compared to industry and market?
NI volatility
NI Average Weekly Movement2.6%
Integrated Utilities Industry Average Movement2.8%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

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.

About the Company

FoundedEmployeesCEOWebsite
18477,307Lloyd Yateshttps://www.nisource.com

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.

NiSource Fundamentals Summary

How do NiSource's earnings and revenue compare to its market cap?
NI fundamental statistics
Market CapUS$12.29b
Earnings (TTM)US$661.10m
Revenue (TTM)US$5.23b

18.6x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NI income statement (TTM)
RevenueUS$5.23b
Cost of RevenueUS$3.10b
Gross ProfitUS$2.13b
Other ExpensesUS$1.47b
EarningsUS$661.10m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.63
Gross Margin40.78%
Net Profit Margin12.65%
Debt/Equity Ratio130.5%

How did NI perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

55%

Payout Ratio

Valuation

Is NiSource undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


18.59x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: NI ($30.28) is trading above our estimate of fair value ($25.42)

Significantly Below Fair Value: NI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NI is good value based on its PE Ratio (18.6x) compared to the US Integrated Utilities industry average (23.2x).

PE vs Market: NI is poor value based on its PE Ratio (18.6x) compared to the US market (15.3x).


Price to Earnings Growth Ratio

PEG Ratio: NI is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: NI's PB Ratio (2.2x) is in line with the US Integrated Utilities industry average.


Future Growth

How is NiSource forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NI's forecast earnings growth (10.2% per year) is above the savings rate (1.9%).

Earnings vs Market: NI's earnings (10.2% per year) are forecast to grow slower than the US market (12.5% per year).

High Growth Earnings: NI's earnings are forecast to grow, but not significantly.

Revenue vs Market: NI's revenue (3.7% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: NI's revenue (3.7% 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 (10.7%).


Past Performance

How has NiSource performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NI has high quality earnings.

Growing Profit Margin: NI's current net profit margins (12.6%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: NI's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: NI's earnings growth over the past year (349.1%) exceeds its 5-year average (10.8% per year).

Earnings vs Industry: NI earnings growth over the past year (349.1%) exceeded the Integrated Utilities industry 6.6%.


Return on Equity

High ROE: NI's Return on Equity (9.6%) is considered low.


Financial Health

How is NiSource's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NI's short term assets ($1.9B) do not cover its short term liabilities ($2.6B).

Long Term Liabilities: NI's short term assets ($1.9B) do not cover its long term liabilities ($14.2B).


Debt to Equity History and Analysis

Debt Level: NI's net debt to equity ratio (128.9%) is considered high.

Reducing Debt: NI's debt to equity ratio has reduced from 189.7% to 130.5% over the past 5 years.

Debt Coverage: NI's debt is not well covered by operating cash flow (13.7%).

Interest Coverage: NI's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

What is NiSource current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.10%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NI's dividend (3.1%) is higher than the bottom 25% of dividend payers in the US market (1.58%).

High Dividend: NI's dividend (3.1%) is low compared to the top 25% of dividend payers in the US market (4.11%).


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 increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54.6%), NI's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: NI is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Lloyd Yates (60 yo)

0.25

Tenure

US$252,016

Compensation

Mr. Lloyd M. Yates served as an Director of NiSource Inc. since March 9, 2020 and serves as its President and Chief Executive Officer since February 14, 2022. Mr. Yates served as an Independent Director of...


Leadership Team

Experienced Management: NI's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: NI's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.


Top Shareholders

Company Information

NiSource Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: NiSource Inc.
  • Ticker: NI
  • Exchange: NYSE
  • Founded: 1847
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Implied Market Cap: US$12.288b
  • Shares outstanding: 405.80m
  • Website: https://www.nisource.com

Number of Employees


Location

  • NiSource Inc.
  • 801 East 86th Avenue
  • Merrillville
  • Indiana
  • 46410
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.