NiSource (NYSE:NI) Updates FY 2026 Earnings Guidance

by · The Markets Daily

NiSource (NYSE:NI – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.020-2.070 for the period, compared to the consensus earnings per share estimate of 2.060. The company issued revenue guidance of -.

NiSource Stock Performance

NI traded up $0.21 on Thursday, hitting $43.12. 4,820,198 shares of the company’s stock were exchanged, compared to its average volume of 4,416,536. The company has a current ratio of 0.65, a quick ratio of 0.56 and a debt-to-equity ratio of 1.30. The stock has a fifty day moving average of $46.47 and a two-hundred day moving average of $46.43. The firm has a market cap of $20.67 billion, a PE ratio of 21.41, a P/E/G ratio of 3.25 and a beta of 0.55. NiSource has a twelve month low of $38.45 and a twelve month high of $49.21.

NiSource (NYSE:NI – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.16. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.15 billion. NiSource had a return on equity of 8.31% and a net margin of 14.15%.During the same quarter in the previous year, the firm posted $0.22 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. On average, research analysts anticipate that NiSource will post 2.09 earnings per share for the current fiscal year.

NiSource Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Friday, July 31st will be given a $0.30 dividend. The ex-dividend date is Friday, July 31st. This represents a $1.20 annualized dividend and a yield of 2.8%. NiSource’s dividend payout ratio (DPR) is currently 59.70%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on NI shares. Evercore set a $52.00 price target on NiSource in a report on Monday, May 11th. Wall Street Zen lowered shares of NiSource from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Barclays raised their target price on shares of NiSource from $49.00 to $51.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Weiss Ratings restated a “buy (b)” rating on shares of NiSource in a research report on Tuesday, July 21st. Finally, Citigroup upped their price target on NiSource from $47.00 to $49.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $50.30.

Get Our Latest Stock Report on NI

Insider Buying and Selling

In related news, EVP Melanie B. Berman sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $47.68, for a total value of $715,200.00. Following the completion of the sale, the executive vice president owned 35,990 shares in the company, valued at approximately $1,716,003.20. This represents a 29.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Melody Birmingham sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $47.43, for a total transaction of $118,575.00. Following the completion of the transaction, the executive vice president directly owned 116,036 shares of the company’s stock, valued at $5,503,587.48. This represents a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 27,500 shares of company stock worth $1,305,675 in the last 90 days. 0.37% of the stock is owned by company insiders.

Key NiSource News

Here are the key news stories impacting NiSource this week:

  • Positive Sentiment: NiSource reported second-quarter adjusted EPS of $0.16, matching the broader consensus and exceeding the Zacks estimate of $0.15. Revenue reached $1.34 billion, well above the $1.15 billion consensus, helped by gains at NIPSCO. NiSource Q2 Earnings Top Estimates on NIPSCO Gains, Data Center Demand
  • Positive Sentiment: The company reaffirmed its 2026 adjusted EPS guidance of $2.02-$2.07 and maintained its target for 9%-10% adjusted EPS compound annual growth through 2033. NiSource also reiterated its $28.6 billion 2026-2030 capital plan, including $7.6 billion for strategic data-center infrastructure. Amazon and Alphabet agreements are expected to deliver $1.4 billion in savings for existing customers. NiSource Reaffirms 2026 EPS and Growth Targets
  • Neutral Sentiment: Analysts maintain a consensus “Moderate Buy” rating, but the guidance midpoint of $2.045 is slightly below the $2.06 consensus estimate, limiting the impact of the reaffirmation. NiSource Given Consensus Moderate Buy Rating
  • Negative Sentiment: GAAP net income fell to $45.5 million, or $0.09 per diluted share, from $102.2 million, or $0.22, a year earlier. Adjusted EPS also declined from $0.22 to $0.16, while Columbia results were weaker, prompting the market’s cautious reaction despite the revenue beat. NiSource Q2 GAAP Net Income Falls
  • Negative Sentiment: Recent insider activity shows six reported open-market sales and no purchases during the past six months, which may add to investor caution. NiSource Fades on Results

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Strive Financial Group LLC acquired a new stake in NiSource in the fourth quarter valued at approximately $26,000. Zions Bancorporation National Association UT raised its holdings in shares of NiSource by 113.8% during the 4th quarter. Zions Bancorporation National Association UT now owns 620 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 330 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in shares of NiSource during the 4th quarter valued at $27,000. DV Equities LLC acquired a new stake in shares of NiSource in the 4th quarter valued at $28,000. Finally, Acumen Wealth Advisors LLC acquired a new stake in shares of NiSource in the 4th quarter valued at $28,000. 91.64% of the stock is owned by institutional investors and hedge funds.

NiSource Company Profile

(Get Free Report)

NiSource, Inc (NYSE: NI) is a publicly traded energy holding company headquartered in Merrillville, Indiana, that primarily owns and operates regulated local gas and electric utilities in the United States. Through its operating subsidiaries, the company delivers natural gas and electricity to residential, commercial and industrial customers and provides the associated distribution and transmission services that keep local energy systems functioning.

The company’s core activities include natural gas distribution, electric transmission and distribution, system operations, maintenance and emergency response.

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