Is NiSource Stock a Good Investment?

NiSource Investment Advice

To provide specific investment advice or recommendations on NiSource stock, we recommend investors consider the following general factors when evaluating NiSource. This will help you to make an informed decision on whether to include NiSource in one of your diversified portfolios:

Examine NiSource's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research NiSource's leadership team and their track record. Good management can help NiSource navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Multi-Utilities space and any emerging trends that could impact NiSource's business and its evolving consumer preferences.
Compare NiSource's performance and market position to its competitors. Analyze how NiSource is positioned in terms of product offerings, innovation, and market share.
Check if NiSource pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about NiSource's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in NiSource stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if NiSource is a good investment.

Sell

Buy

NiSource trade recommendations module can be used to check and cross-verify current advice provided by analysts analyzing the firm's potential to grow using all of fundamental, technical, data market data available at the time. To make sure NiSource is not overpriced, please verify all NiSource fundamentals, including its short ratio, current asset, and the relationship between the total debt and beta . Given that NiSource has a price to earning of 17.24 X, we recommend you to check NiSource market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Market Performance	Solid	Details
Volatility	Very steady	Details
Hype Condition	Over hyped	Details
Current Valuation	Fairly Valued	Details
Odds Of Distress	Below Average	Details
Economic Sensitivity	Barely shadows the market	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine NiSource Stock

Researching NiSource's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company shares are owned by institutional investors. The book value of NiSource was now reported as 17.88. The company has Price/Earnings To Growth (PEG) ratio of 2.13. NiSource last dividend was issued on the 31st of October 2024. The entity had 2545:1000 split on the 2nd of July 2015.

To determine if NiSource is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NiSource's research are outlined below:

	NiSource reports 14.13 B of total liabilities with total debt to equity ratio (D/E) of 1.34, which is normal for its line of buisiness. NiSource has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for NiSource to invest in growth at high rates of return.
	Over 96.0% of NiSource shares are owned by institutional investors
	On 20th of November 2024 NiSource paid $ 0.265 per share dividend to its current shareholders
	Latest headline from finance.yahoo.com: A Look At The Fair Value Of NiSource Inc.

NiSource Quarterly Long Term Debt

12.09 Billion

NiSource uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NiSource. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NiSource's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	28th of February 2024 Upcoming Quarterly Report	View
	1st of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	28th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact NiSource's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises NiSource's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2019-07-31	2019-06-30	0.06	0.05	-0.01	16
2016-11-01	2016-09-30	0.07	0.06	-0.01	14
2016-08-02	2016-06-30	0.07	0.08	0.01	14
2012-11-02	2012-09-30	0.04	0.05	0.01	25
2011-10-28	2011-09-30	0.1	0.11	0.01	10
2009-08-04	2009-06-30	0.01	0.02	0.01	100
2021-11-03	2021-09-30	0.09	0.11	0.02	22
2018-08-01	2018-06-30	0.09	0.07	-0.02	22

Know NiSource's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as NiSource is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NiSource backward and forwards among themselves. NiSource's institutional investor refers to the entity that pools money to purchase NiSource's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Jpmorgan Chase & Co	2024-06-30	7.9 M
Wellington Management Company Llp	2024-06-30	6.7 M
Franklin Resources Inc	2024-09-30	6.6 M
Pictet Asset Manangement Sa	2024-06-30	6.6 M
Zimmer Partners Lp	2024-09-30	6.6 M
T. Rowe Price Associates, Inc.	2024-06-30	6.4 M
Millennium Management Llc	2024-06-30	6.4 M
Newport Trust Co.	2024-09-30	6.1 M
Exoduspoint Capital Management, Lp	2024-09-30	5.9 M
Vanguard Group Inc	2024-09-30	55.3 M
Blackrock Inc	2024-06-30	42.9 M

Note, although NiSource's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NiSource's market capitalization trends

The company currently falls under 'Large-Cap' category with a market capitalization of 17.6 B.

Market Cap

7.99 Billion

NiSource's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.02	0.02
Return On Capital Employed	0.05	0.07
Return On Assets	0.02	0.02
Return On Equity	0.09	0.08

The company has Net Profit Margin (PM) of 0.15 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.2 %, which signifies that for every $100 of sales, it has a net operating income of $0.2.

Determining NiSource's profitability involves analyzing its financial statements and using various financial metrics to determine if NiSource is a good buy. For example, gross profit margin measures NiSource's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NiSource's profitability and make more informed investment decisions.

Evaluate NiSource's management efficiency

NiSource has Return on Asset (ROA) of 0.0297 % which means that for every $100 of assets, it generated a profit of $0.0297. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0876 %, which means that it produced $0.0876 on every 100 dollars invested by current stockholders. NiSource's management efficiency ratios could be used to measure how well NiSource manages its routine affairs as well as how well it operates its assets and liabilities. As of now, NiSource's Return On Tangible Assets are decreasing as compared to previous years. The NiSource's current Return On Capital Employed is estimated to increase to 0.07, while Return On Assets are projected to decrease to 0.02. As of now, NiSource's Non Currrent Assets Other are increasing as compared to previous years. The NiSource's current Return On Tangible Assets is estimated to increase to 0.02, while Total Assets are projected to decrease to under 19.2 B.

	Last Reported	Projected for Next Year
Book Value Per Share	24.36	13.27
Tangible Book Value Per Share	20.79	21.83
Enterprise Value Over EBITDA	10.37	6.58
Price Book Value Ratio	1.34	0.70
Enterprise Value Multiple	10.37	6.58
Price Fair Value	1.34	0.70
Enterprise Value	8.1 B	4.6 B

The operational strategies employed by NiSource management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.

Dividend Yield

0.0281

Forward Dividend Yield

0.0281

Forward Dividend Rate

1.06

Beta

0.507

Basic technical analysis of NiSource Stock

As of the 25th of November, NiSource secures the Risk Adjusted Performance of 0.2075, mean deviation of 0.6887, and Market Risk Adjusted Performance of 1.75. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NiSource, as well as the relationship between them.

NiSource's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NiSource insiders, such as employees or executives, is commonly permitted as long as it does not rely on NiSource's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NiSource insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Michael Hooper over a month ago Disposition of 2360 shares by Michael Hooper of NiSource at 27.43 subject to Rule 16b-3
		Cassandra Lee over two months ago Acquisition by Cassandra Lee of 6042 shares of NiSource at 28.8 subject to Rule 16b-3
		Melanie Berman over three months ago Disposition of 3742 shares by Melanie Berman of NiSource at 27.963 subject to Rule 16b-3
		Lloyd Yates over six months ago Acquisition by Lloyd Yates of 62598 shares of NiSource subject to Rule 16b-3
		Veurink Jon D over a year ago Payment of 946 shares by Veurink Jon D of NiSource subject to Rule 16b-3
		Lloyd Yates over a year ago Purchase by Lloyd Yates of 40000 shares of NiSource
		Young Roger A over a year ago Sale by Young Roger A of 5506 shares of NiSource
		Veurink Jon D over a year ago Acquisition by Veurink Jon D of 1205 shares of NiSource subject to Rule 16b-3

NiSource's Outstanding Corporate Bonds

NiSource issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NiSource uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NiSource bonds can be classified according to their maturity, which is the date when NiSource has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Boeing Co 2196 Corp Bond US097023DG73	View
	HSBC Holdings PLC Corp Bond US404280DR76	View
	NISOURCE FIN P Corp Bond US65473QBB86	View
	NISOURCE FIN P Corp Bond US65473QBC69	View
	NISOURCE FIN P Corp Bond US65473QBD43	View
	NISOURCE FIN P Corp Bond US65473QBE26	View
	NISOURCE FIN P Corp Bond US65473QBF90	View
	NISOURCE FIN P Corp Bond US65473QBG73	View

View All NiSource Corporate Bonds

Understand NiSource's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing NiSource's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.2075
	Market Risk Adjusted Performance	1.75
	Mean Deviation	0.6887
	Semi Deviation	0.5373
	Downside Deviation	0.8235
	Coefficient Of Variation	372.01
	Standard Deviation	0.8847
	Variance	0.7827
	Information Ratio	0.121
	Jensen Alpha	0.212
	Total Risk Alpha	0.0885
	Sortino Ratio	0.13
	Treynor Ratio	1.74
	Maximum Drawdown	3.98
	Value At Risk	(1.23)
	Potential Upside	1.54
	Downside Variance	0.6781
	Semi Variance	0.2887
	Expected Short fall	(0.80)
	Skewness	(0.06)
	Kurtosis	0.8977

	Risk Adjusted Performance	0.2075
	Market Risk Adjusted Performance	1.75
	Mean Deviation	0.6887
	Semi Deviation	0.5373
	Downside Deviation	0.8235
	Coefficient Of Variation	372.01
	Standard Deviation	0.8847
	Variance	0.7827
	Information Ratio	0.121
	Jensen Alpha	0.212
	Total Risk Alpha	0.0885
	Sortino Ratio	0.13
	Treynor Ratio	1.74
	Maximum Drawdown	3.98
	Value At Risk	(1.23)
	Potential Upside	1.54
	Downside Variance	0.6781
	Semi Variance	0.2887
	Expected Short fall	(0.80)
	Skewness	(0.06)
	Kurtosis	0.8977

Consider NiSource's intraday indicators

NiSource intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NiSource stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0116
	Daily Balance Of Power	(0.32)
	Rate Of Daily Change	1.0
	Day Median Price	37.85
	Day Typical Price	37.8
	Market Facilitation Index	0.44
	Price Action Indicator	(0.21)
	Period Momentum Indicator	(0.14)
	Relative Strength Index	35.7

NiSource Corporate Filings

8K	30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
13A	10th of September 2024 An amended filing to the original Schedule 13G	View Verify
	4th of September 2024 Prospectus used primarily for registering securities for public sale.	View Verify
	3rd of September 2024 Other Reports	View Verify

NiSource time-series forecasting models is one of many NiSource's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NiSource's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

NiSource Stock media impact

Far too much social signal, news, headlines, and media speculation about NiSource that are available to investors today. That information is available publicly through NiSource media outlets and privately through word of mouth or via NiSource internal channels. However, regardless of the origin, that massive amount of NiSource data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of NiSource news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of NiSource relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to NiSource's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive NiSource alpha.

NiSource Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards NiSource can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

NiSource Historical Investor Sentiment

Investor biases related to NiSource's public news can be used to forecast risks associated with an investment in NiSource. The trend in average sentiment can be used to explain how an investor holding NiSource can time the market purely based on public headlines and social activities around NiSource. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

NiSource's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NiSource and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average NiSource news discussions. The higher the estimate score, the more favorable the investor's outlook on NiSource.