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NI

NiSourceNYSE:NI Stock Report

Market Cap

US$9.4b

7D

-0.08%

1Y

8.4%

Updated

25 Sep, 2021

Data

Company Financials +
NI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance1/6
Financial Health1/6
Dividends3/6

NI 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$24.01
52 Week HighUS$21.09
52 Week LowUS$26.60
Beta0.32
1 Month Change-3.07%
3 Month Change-4.34%
1 Year Change8.45%
3 Year Change-3.65%
5 Year Change-0.42%
Change since IPO149.46%

Recent News & Updates

May 04

NiSource Q1 2021 Earnings Preview

NiSource (NYSE:NI) is scheduled to announce Q1 earnings results on Wednesday, May 5th, before market open.The consensus EPS Estimate is $0.77 (+1.3% Y/Y) and the consensus Revenue Estimate is $1.84B (+14.3% Y/Y).Over the last 2 years, NI has beaten EPS estimates 63% of the time and has beaten revenue estimates

Shareholder Returns

NIUS Integrated UtilitiesUS Market
7D-0.08%-0.5%0.1%
1Y8.4%4.9%35.3%

Return vs Industry: NI exceeded the US Integrated Utilities industry which returned 4.9% over the past year.

Return vs Market: NI underperformed the US Market which returned 35.3% over the past year.

Price Volatility

Is NI's price volatile compared to industry and market?
NI volatility
NI Beta0.32
Industry Beta0.55
Market Beta1

Stable Share Price: NI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: NI's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18477,345Joe Hamrockhttps://www.nisource.com

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 Electric Operations. It provides natural gas services and transportation for residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and wholesale and transmission transaction services.

NiSource Fundamentals Summary

How do NiSource's earnings and revenue compare to its market cap?
NI fundamental statistics
Market CapUS$9.42b
Earnings (TTM)US$212.20m
Revenue (TTM)US$4.65b

44.4x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NI income statement (TTM)
RevenueUS$4.65b
Cost of RevenueUS$2.61b
Gross ProfitUS$2.03b
ExpensesUS$1.82b
EarningsUS$212.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin43.80%
Net Profit Margin4.57%
Debt/Equity Ratio141.0%

How did NI perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

160%

Payout Ratio

Does NI pay a reliable dividends?

See NI dividend history and benchmarks
When do you need to buy NI by to receive an upcoming dividend?
NiSource dividend dates
Ex Dividend DateOct 28 2021
Dividend Pay DateNov 19 2021
Days until Ex dividend32 days
Days until Dividend pay date54 days

Does NI pay a reliable dividends?

See NI dividend history and benchmarks

Valuation

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

44.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NI ($24.01) is trading above our estimate of fair value ($20.25)

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 (44.4x) compared to the US Integrated Utilities industry average (20.2x).

PE vs Market: NI is poor value based on its PE Ratio (44.4x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: NI is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: NI's PB Ratio (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 9 analysts?

18.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NI's forecast earnings growth (18.2% per year) is above the savings rate (2%).

Earnings vs Market: NI's earnings (18.2% per year) are forecast to grow faster than the US market (14.8% per year).

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

Revenue vs Market: NI's revenue (5.2% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: NI's revenue (5.2% 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 (9.8%).


Past Performance

How has NiSource performed over the past 5 years?

-27.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NI has a large one-off loss of $343.5M impacting its June 30 2021 financial results.

Growing Profit Margin: NI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NI's earnings have declined by 27% per year over the past 5 years.

Accelerating Growth: NI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Integrated Utilities industry (10.9%).


Return on Equity

High ROE: NI's Return on Equity (4.1%) is considered low.


Financial Health

How is NiSource's financial position?


Financial Position Analysis

Short Term Liabilities: NI's short term assets ($1.4B) do not cover its short term liabilities ($1.7B).

Long Term Liabilities: NI's short term assets ($1.4B) do not cover its long term liabilities ($14.0B).


Debt to Equity History and Analysis

Debt Level: NI's debt to equity ratio (141%) is considered high.

Reducing Debt: NI's debt to equity ratio has reduced from 187% to 141% over the past 5 years.

Debt Coverage: NI's debt is not well covered by operating cash flow (11.8%).

Interest Coverage: NI's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


Dividend

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

3.67%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 26 2021Ex Dividend DateOct 28 2021Dividend Pay DateNov 19 202122 days from Ex DividendBuy in the next 32 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: NI's dividend (3.67%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: NI's dividend (3.67%) is in the top 25% of dividend payers in the US market (3.6%)


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 (159.5%), 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 (63% payout ratio).


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Joe Hamrock (57 yo)

6.17yrs

Tenure

US$6,457,725

Compensation

Mr. Joseph J. Hamrock, , also known as Joe, serves as the Director at OhioHealth Corporation. Mr. Hamrock served as Treasurer at OhioHealth Corp. since 1st July 2020. He has been the Chief Executive Offic...


CEO Compensation Analysis

Compensation vs Market: Joe's total compensation ($USD6.46M) is about average for companies of similar size in the US market ($USD6.40M).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: NI's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: NI's board of directors are considered experienced (5.1 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.


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
  • Market Cap: US$9.422b
  • Shares outstanding: 392.41m
  • 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 Analysis2021/09/25 22:14
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.