(NI) NiSource - Overview
Sector: UtilitiesIndustry: Utilities - Regulated Gas | Exchange NYSE (USA) | Currency USD | Market Cap: 21.859m | Total Return 16.8% in 12m
Stock: Natural Gas, Electricity, Pipelines
Total Rating 44
Risk 49
Buy Signal -0.38
| Risk 5d forecast | |
|---|---|
| Volatility | 19.1% |
| Relative Tail Risk | 2.23% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.68 |
| Alpha | 11.60 |
| Character TTM | |
|---|---|
| Beta | 0.222 |
| Beta Downside | 0.410 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.04% |
| CAGR/Max DD | 1.15 |
EPS (Earnings per Share)
Revenue
Description: NI NiSource March 04, 2026
NiSource Inc. is a regulated utility operating natural gas and electric services in the United States. The company functions through two segments: Columbia Operations and NIPSCO Operations.
Columbia Operations provides natural gas to residential, commercial, and industrial customers across five states, utilizing an extensive pipeline network. This business model is characterized by stable, regulated revenues.
NIPSCO Operations generates, transmits, and distributes electricity to customers in northern Indiana. Its generation portfolio includes a mix of coal, natural gas, hydro, wind, and solar assets, reflecting a common trend in the utility sector towards diversified energy sources.
For more detailed financial and operational data, ValueRay offers comprehensive analytics.
Headlines to watch out for
- Regulated rate base growth drives consistent revenue
- Natural gas price volatility impacts operating costs
- Environmental regulations increase compliance expenditures
- Interest rate hikes raise financing costs
- Weather patterns influence energy demand
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: 929.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 1.56 > 1.0 |
| NWC/Revenue: -16.26% < 20% (prev -37.27%; Δ 21.01% < -1%) |
| CFO/TA 0.06 > 3% & CFO 2.36b > Net Income 929.5m |
| Net Debt (16.10b) to EBITDA (3.02b): 5.33 < 3 |
| Current Ratio: 0.69 > 1.5 & < 3 |
| Outstanding Shares: last quarter (474.5m) vs 12m ago 0.98% < -2% |
| Gross Margin: 52.95% > 18% (prev 0.51%; Δ 5.24k% > 0.5%) |
| Asset Turnover: 19.44% > 50% (prev 17.16%; Δ 2.28% > 0%) |
| Interest Coverage Ratio: 2.90 > 6 (EBITDA TTM 3.02b / Interest Expense TTM 639.0m) |
Altman Z'' 0.13
| A: -0.03 (Total Current Assets 2.38b - Total Current Liabilities 3.46b) / Total Assets 36.55b |
| B: -0.01 (Retained Earnings -315.2m / Total Assets 36.55b) |
| C: 0.05 (EBIT TTM 1.85b / Avg Total Assets 34.17b) |
| D: -0.01 (Book Value of Equity -316.6m / Total Liabilities 24.89b) |
| Altman-Z'' Score: 0.13 = B |
Beneish M -2.84
| DSRI: 1.03 (Receivables 1.26b/1.01b, Revenue 6.64b/5.46b) |
| GMI: 0.97 (GM 52.95% / 51.47%) |
| AQI: 1.12 (AQ_t 0.15 / AQ_t-1 0.13) |
| SGI: 1.22 (Revenue 6.64b / 5.46b) |
| TATA: -0.04 (NI 929.5m - CFO 2.36b) / TA 36.55b) |
| Beneish M-Score: -2.84 (Cap -4..+1) = A |
What is the price of NI shares?
As of March 27, 2026, the stock is trading at USD 45.44 with a total of 2,711,200 shares traded.
Over the past week, the price has changed by -2.68%, over one month by -2.70%, over three months by +9.66% and over the past year by +16.79%.
Over the past week, the price has changed by -2.68%, over one month by -2.70%, over three months by +9.66% and over the past year by +16.79%.
Is NI a buy, sell or hold?
NiSource has received a consensus analysts rating of 4.47.
Therefore, it is recommended to buy NI.
- StrongBuy: 11
- Buy: 4
- Hold: 1
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the NI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 48.5 | 6.8% |
| Analysts Target Price | 48.5 | 6.8% |
NI Fundamental Data Overview March 27, 2026
P/E Trailing = 23.4256
P/E Forward = 21.978
P/S = 3.291
P/B = 2.2797
P/EG = 2.1961
Revenue TTM = 6.64b USD
EBIT TTM = 1.85b USD
EBITDA TTM = 3.02b USD
Long Term Debt = 15.46b USD (from longTermDebt, last quarter)
Short Term Debt = 765.4m USD (from shortTermDebt, last quarter)
Debt = 16.24b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 16.10b USD (from netDebt column, last quarter)
Enterprise Value = 37.99b USD (21.86b + Debt 16.24b - CCE 110.1m)
Interest Coverage Ratio = 2.90 (Ebit TTM 1.85b / Interest Expense TTM 639.0m)
EV/FCF = -90.45x (Enterprise Value 37.99b / FCF TTM -420.0m)
FCF Yield = -1.11% (FCF TTM -420.0m / Enterprise Value 37.99b)
FCF Margin = -6.32% (FCF TTM -420.0m / Revenue TTM 6.64b)
Net Margin = 13.99% (Net Income TTM 929.5m / Revenue TTM 6.64b)
Gross Margin = 52.95% ((Revenue TTM 6.64b - Cost of Revenue TTM 3.12b) / Revenue TTM)
Gross Margin QoQ = 58.12% (prev 53.29%)
Tobins Q-Ratio = 1.04 (Enterprise Value 37.99b / Total Assets 36.55b)
Interest Expense / Debt = 1.15% (Interest Expense 187.3m / Debt 16.24b)
Taxrate = 16.17% (53.7m / 332.1m)
NOPAT = 1.55b (EBIT 1.85b * (1 - 16.17%))
Current Ratio = 0.69 (Total Current Assets 2.38b / Total Current Liabilities 3.46b)
Debt / Equity = 1.72 (Debt 16.24b / totalStockholderEquity, last quarter 9.45b)
Debt / EBITDA = 5.33 (Net Debt 16.10b / EBITDA 3.02b)
Debt / FCF = -38.34 (negative FCF - burning cash) (Net Debt 16.10b / FCF TTM -420.0m)
Total Stockholder Equity = 9.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.72% (Net Income 929.5m / Total Assets 36.55b)
RoE = 10.23% (Net Income TTM 929.5m / Total Stockholder Equity 9.09b)
RoCE = 7.54% (EBIT 1.85b / Capital Employed (Equity 9.09b + L.T.Debt 15.46b))
RoIC = 6.27% (NOPAT 1.55b / Invested Capital 24.74b)
WACC = 4.29% (E(21.86b)/V(38.10b) * Re(6.76%) + D(16.24b)/V(38.10b) * Rd(1.15%) * (1-Tc(0.16)))
Discount Rate = 6.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 2.77%
[DCF] Fair Price = unknown (Cash Flow -420.0m)
EPS Correlation: 13.95 | EPS CAGR: -9.77% | SUE: 0.59 | # QB: 0
Revenue Correlation: 11.01 | Revenue CAGR: 0.42% | SUE: 1.85 | # QB: 2
EPS next Quarter (2026-06-30): EPS=0.24 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+3 | Analysts=7
EPS current Year (2026-12-31): EPS=2.05 | Chg7d=+0.000 | Chg30d=+0.002 | Revisions Net=+3 | Growth EPS=+8.0% | Growth Revenue=+1.2%
EPS next Year (2027-12-31): EPS=2.22 | Chg7d=+0.000 | Chg30d=+0.005 | Revisions Net=+3 | Growth EPS=+8.2% | Growth Revenue=+5.4%
[Analyst] Revisions Ratio: +1.00 (3 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.7% (Discount Rate 7.9% - Earnings Yield 4.3%)
[Growth] Growth Spread = -48.4% (Analyst -44.7% - Implied 3.7%)
P/E Forward = 21.978
P/S = 3.291
P/B = 2.2797
P/EG = 2.1961
Revenue TTM = 6.64b USD
EBIT TTM = 1.85b USD
EBITDA TTM = 3.02b USD
Long Term Debt = 15.46b USD (from longTermDebt, last quarter)
Short Term Debt = 765.4m USD (from shortTermDebt, last quarter)
Debt = 16.24b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 16.10b USD (from netDebt column, last quarter)
Enterprise Value = 37.99b USD (21.86b + Debt 16.24b - CCE 110.1m)
Interest Coverage Ratio = 2.90 (Ebit TTM 1.85b / Interest Expense TTM 639.0m)
EV/FCF = -90.45x (Enterprise Value 37.99b / FCF TTM -420.0m)
FCF Yield = -1.11% (FCF TTM -420.0m / Enterprise Value 37.99b)
FCF Margin = -6.32% (FCF TTM -420.0m / Revenue TTM 6.64b)
Net Margin = 13.99% (Net Income TTM 929.5m / Revenue TTM 6.64b)
Gross Margin = 52.95% ((Revenue TTM 6.64b - Cost of Revenue TTM 3.12b) / Revenue TTM)
Gross Margin QoQ = 58.12% (prev 53.29%)
Tobins Q-Ratio = 1.04 (Enterprise Value 37.99b / Total Assets 36.55b)
Interest Expense / Debt = 1.15% (Interest Expense 187.3m / Debt 16.24b)
Taxrate = 16.17% (53.7m / 332.1m)
NOPAT = 1.55b (EBIT 1.85b * (1 - 16.17%))
Current Ratio = 0.69 (Total Current Assets 2.38b / Total Current Liabilities 3.46b)
Debt / Equity = 1.72 (Debt 16.24b / totalStockholderEquity, last quarter 9.45b)
Debt / EBITDA = 5.33 (Net Debt 16.10b / EBITDA 3.02b)
Debt / FCF = -38.34 (negative FCF - burning cash) (Net Debt 16.10b / FCF TTM -420.0m)
Total Stockholder Equity = 9.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.72% (Net Income 929.5m / Total Assets 36.55b)
RoE = 10.23% (Net Income TTM 929.5m / Total Stockholder Equity 9.09b)
RoCE = 7.54% (EBIT 1.85b / Capital Employed (Equity 9.09b + L.T.Debt 15.46b))
RoIC = 6.27% (NOPAT 1.55b / Invested Capital 24.74b)
WACC = 4.29% (E(21.86b)/V(38.10b) * Re(6.76%) + D(16.24b)/V(38.10b) * Rd(1.15%) * (1-Tc(0.16)))
Discount Rate = 6.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 2.77%
[DCF] Fair Price = unknown (Cash Flow -420.0m)
EPS Correlation: 13.95 | EPS CAGR: -9.77% | SUE: 0.59 | # QB: 0
Revenue Correlation: 11.01 | Revenue CAGR: 0.42% | SUE: 1.85 | # QB: 2
EPS next Quarter (2026-06-30): EPS=0.24 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+3 | Analysts=7
EPS current Year (2026-12-31): EPS=2.05 | Chg7d=+0.000 | Chg30d=+0.002 | Revisions Net=+3 | Growth EPS=+8.0% | Growth Revenue=+1.2%
EPS next Year (2027-12-31): EPS=2.22 | Chg7d=+0.000 | Chg30d=+0.005 | Revisions Net=+3 | Growth EPS=+8.2% | Growth Revenue=+5.4%
[Analyst] Revisions Ratio: +1.00 (3 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.7% (Discount Rate 7.9% - Earnings Yield 4.3%)
[Growth] Growth Spread = -48.4% (Analyst -44.7% - Implied 3.7%)