| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | US$30.32 |
| 52 Week High | US$32.59 |
| 52 Week Low | US$23.65 |
| Beta | 0.36 |
| 1 Month Change | -4.50% |
| 3 Month Change | 6.72% |
| 1 Year Change | 17.75% |
| 3 Year Change | 7.18% |
| 5 Year Change | 22.75% |
| Change since IPO | 215.01% |
Recent News & Updates
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
| NI | US Integrated Utilities | US Market | |
|---|---|---|---|
| 7D | 2.8% | -0.1% | -2.5% |
| 1Y | 17.7% | 10.1% | -10.4% |
Return vs Industry: NI exceeded the US Integrated Utilities industry which returned 10.1% over the past year.
Return vs Market: NI exceeded the US Market which returned -10.4% over the past year.
Price Volatility
| NI volatility | |
|---|---|
| NI Average Weekly Movement | 2.7% |
| Integrated Utilities Industry Average Movement | 2.8% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 2.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1847 | 7,307 | Lloyd Yates | https://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
| NI fundamental statistics | |
|---|---|
| Market Cap | US$12.30b |
| Earnings (TTM) | US$661.10m |
| Revenue (TTM) | US$5.23b |
18.6x
P/E Ratio2.4x
P/S RatioIs NI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NI income statement (TTM) | |
|---|---|
| Revenue | US$5.23b |
| Cost of Revenue | US$3.10b |
| Gross Profit | US$2.13b |
| Other Expenses | US$1.47b |
| Earnings | US$661.10m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.63 |
| Gross Margin | 40.78% |
| Net Profit Margin | 12.65% |
| Debt/Equity Ratio | 130.5% |
How did NI perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield55%
Payout RatioValuation
Is NiSource undervalued compared to its fair value and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
18.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NI ($30.32) 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 (15.5x).
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
1/6Future 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 (12.6% 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 (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
5/6Past 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
2/6Financial 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
4/6Dividend 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 (1.54%).
High Dividend: NI's dividend (3.1%) is low compared to the top 25% of dividend payers in the US market (4.05%).
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.
Next Steps
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$12.304b
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/15 00:00 |
| End of Day Share Price | 2022/05/13 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.