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NiSource Inc. (NI)

44.74 +0.29 (+0.65%)
As of 10:01:15 AM EDT. Market Open.
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NI Q3 2026 earnings call
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NiSource’s Q3 results exceeded earnings expectations, while management raised its long-term growth framework through 2033. The company also expanded its data-center strategy with Microsoft, but the $40 billion capital plancreates ongoing funding, leverage, and regulatory considerations. NI is up 0.75% in the current regular session on October 30, 2026.

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  • Previous Close 44.45
  • Open 45.17
  • Bid 44.83 x 20000
  • Ask 44.86 x 40000
  • Day's Range 44.63 - 45.17
  • 52 Week Range 38.42 - 49.21
  • Volume 459,719
  • Avg. Volume 5,861,856
  • Market Cap (intraday) 21.46B
  • Beta (5Y Monthly) 0.55
  • PE Ratio (TTM) 22.94
  • EPS (TTM) 1.95
  • Earnings Date Oct 28, 2026
  • Forward Dividend & Yield 1.20 (2.68%)
  • 1y Target Est 47.91
  • Morningstar Rating Rating available with Stock Picks access

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

www.nisource.com

7,668

Full Time Employees

December 31

Fiscal Year Ends

Utilities

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

NI
9.27%
S&P 500 (^GSPC)
11.49%

1-Year Return

NI
9.04%
S&P 500 (^GSPC)
11.86%

3-Year Return

NI
93.58%
S&P 500 (^GSPC)
83.16%

5-Year Return

NI
111.46%
S&P 500 (^GSPC)
65.71%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 1.35B
Earnings 129.5M
Profit Margin 9.60%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
500M
1B
2B
2B
5.0%
10.0%
15.0%
20.0%

Analyst Insights

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Analyst Price Targets

43.00 Low
47.91 Average
44.74 Current
52.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/22/2026
Analyst HSBC
Rating Action Initiated
Rating Buy
Price Action Announces
Price Target 49.5

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    13.51%

  • Return on Assets (ttm)

    3.25%

  • Return on Equity (ttm)

    8.71%

  • Revenue (ttm)

    6.96B

  • Net Income Avi to Common (ttm)

    940.7M

  • Diluted EPS (ttm)

    1.95

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    57.5M

  • Total Debt/Equity (mrq)

    153.10%

  • Levered Free Cash Flow (ttm)

    -2.22B

Company Insights

Research Reports

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