NiSource stock
NINYSENiSource Inc, UtilitiesISIN US65473P1057
50Score 50 out of 100, Neutral
Price and trend
63 / 100
Price history
+5.0% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 1.9% above it.
Since August 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 72).
The price is 6.7% below its 52-week high. Largest decline in 20 years: 69% (May 2007 to March 2009).
Chart figures for advanced users
- SMA 50$41.95
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$44.94
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)72
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$39.00
- The lowest closing price of the last twelve months.
- Resistance$49.08
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- NiSource Inc belongs to the Regulated Gas industry (United States) and, with a market value of $21.96B, is number 4 of 27 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $6.64B (up 21.8% year on year) and earnings of $929.5M (up 22.2%).
- For fiscal 2026, analysts expect on average revenue of $7.13B (up 7.4%) and adjusted earnings per share of $2.06 (up 8.2%).
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- MEQIRI Score 50 out of 100 (Neutral): rank 144 of 201 in Utilities, median 53.
- The P/E is 23.4 (Regulated Gas median 19.6, own median of recent years 21.4).
- Our model puts fair value at $36.61, with the price 25% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Reliable dividendNo dividend cut for 23 years.
Weaknesses
- DilutionShare count up 23% since 2020.Capital allocation 32
- Negative free cash flowFree cash flow −$1.57B over the last 12 months.Fundamentals 39
- Above fair valuePrice 25% above the fair value of $36.61.Valuation 45
The score is held back by fundamentals and capital allocation.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 51 to 50.
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- weak fundamentals
Valuation
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $30.51 and expensive above $45.76 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $34.92 (cash-flow model) and $38.30 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 7.4%. At 8.4% the fair value would be $32.79, at 6.4% it would be $43.41.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (19.6).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 10% on the twelve months before. Revenue has stayed largely stable since 2006.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 50%, operating 28%, net 14%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 10 Feb 2027in 89 days
- Last reported
- 28 Oct 2026EPS reported $0.27 (expected $0.23)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $2.06+0.2%
- Revenue
- $7.13B+0.4%
- Earnings per share
- $2.26+0.2%
- Revenue
- $7.54B+0.6%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +2.6%NiSource narrowed its 2026 EPS guidance to the upper half of the $2.02 to $2.07 range, initiated 2027 guidance at $2.22 to $2.30, and raised its long term EPS growth target through 2033 to 10% to 11% annually.
“As a result of our progress, we are narrowing our 2026 consolidated adjusted EPS guidance to the upper half of our previously stated range of $2.02 to $2.07 We are also initiating 2027 consolidated adjusted EPS guidance of 2022¢ to $2.30 and expanding our growth commitments through 2033 supported by an increased …”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 28 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 5 insiders sold, $6.22M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Anderson ShawnSale
5 Nov 2026, EVP & CFO
- Shares
- 6,500
- Price
- $45.58
- Value
- $296,270
- Anderson ShawnSale
30 Oct 2026, EVP & CFO
- Shares
- 6,500
- Price
- $45.00
- Value
- $292,500
- Jefferson William Jr.Sale
30 Oct 2026, EVP, Chief Op & Safety Officer
- Shares
- 40,000
- Price
- $44.56
- Value
- $1.78M
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- Birmingham MelodySale
14 Aug 2026, EVP & Grp President, Utilities
- Shares
- 37,509.17
- Price
- $42.40
- Value
- $1.59M
- Berman Melanie B.Sale
22 May 2026, EVP Administration & CHRO
- Shares
- 15,000
- Price
- $47.68
- Value
- $715,200
- Yates Lloyd MSale
21 May 2026, Director and President & CEO
- Shares
- 19,905
- Price
- $47.73
- Value
- $950,066
- Birmingham MelodySale
20 May 2026, EVP & Grp President, Utilities
- Shares
- 2,500
- Price
- $47.43
- Value
- $118,575
- Birmingham MelodySale
14 May 2026, EVP & Grp President, Utilities
- Shares
- 10,000
- Price
- $47.19
- Value
- $471,850
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at NiSource
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 50
- Sector median
- 53
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Regulated Gas
The next larger and next smaller companies by market value
- Naturgy Energy GroupNTGY.MC $31.47B69
- Atmos EnergyATO $29.73B58
- SnamSRG.MI $23.06B57
- Hong Kong and China Gas0003.HK $17.53B57
- Osaka Gas9532.T $13.92B63
- Tokyo Gas9531.T $13.57B70
- GAIL (India)GAIL.NS $13.13B67
- AltaGasALA.TO $12.22B51
ETFs that hold NiSource
Held by 96 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Global X S&P 500 Covered Call UCITS ETF IncXY7D | 3.06% | 0.45% | €206.82M |
| State Street SPDR S&P U.S. Utilities Select Sector UCITS ETF (Acc)ZPDU | 1.58% | 0.15% | €166.4M |
| iShares S&P 500 Utilities Sector UCITS ETF2B7A | 1.57% | 0.15% | €1.05B |
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| State Street SPDR S&P 500 Low Volatility UCITS ETF (Acc)SPY1 | 1.14% | 0.35% | €107.29M |
| Xtrackers MSCI World Utilities UCITS ETF 1CXDWU | 0.96% | 0.25% | €895.44M |
| UBS Factor MSCI USA Low Volatility UCITS ETF hEUR accUBUV | 0.82% | 0.21% | €65.24M |
| iShares Dow Jones U.S. Select Dividend UCITS ETF (DE)EXX5 | 0.80% | 0.31% | €415.03M |
| iShares Global Infrastructure UCITS ETF Accum USDCBUX | 0.65% | 0.65% | €218.67M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
- Valuation signal Overvalued since 13 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.