-1.11%
2.59%
8.15%
17.26%
45.70%
26.01%
25.21%
AI Spotlight on NI
Company Description
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States.It operates through two segments, Gas Distribution Operations and Electric Operations.The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.
It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines.The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions.It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana.
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.
Market Data
| Last Price | 37.3 |
| Change Percentage | -1.11% |
| Open | 37.66 |
| Previous Close | 37.72 |
| Market Cap ( Millions) | 17411 |
| Volume | 4410005 |
| Year High | 38.83 |
| Year Low | 24.8 |
| M A 50 | 36.95 |
| M A 200 | 32.78 |
Financial Ratios
| FCF Yield | -5.60% |
| Dividend Yield | 2.13% |
| ROE | 9.56% |
| Debt / Equity | 163.15% |
| Net Debt / EBIDTA | 548.48% |
| Price To Book | 2.02 |
| Price Earnings Ratio | 21.78 |
| Price To FCF | -17.84 |
| Price To sales | 3.29 |
| EV / EBITDA | 12.56 |
News
- Jan -31 - 16 Upcoming Dividend Increases
- Jan -29 - NiSource to Release Financial Results and Host Conference Call on February 12
- Jan -24 - NiSource Boosts Shareholder Value With 5.7% Dividend Hike
- Jan -23 - NiSource Declares Common Stock Dividend
- Jan -16 - Are Utilities The New Tech? Why Entergy, NiSource, Vistra Are JPMorgan's Top Picks For 2025
- Jan -07 - NI or CNP: Which Is a Better Utility Electric Power Stock?
- Dec -23 - NiSource Earns Spot on Dow Jones Sustainability Indices for 11th Consecutive Year
- Dec -17 - Vistra, Entergy, NiSource, PG&E: 4 Utilities Power Up For Bullish 2025, Says JPMorgan
- Dec -11 - Dividend Investing: 5 Must-Have High-Yield S&P 500 Stocks for 2025
- Nov -23 - NiSource: Well-Positioned With Data Center Upside (Rating Upgrade)
- Oct -30 - NiSource Inc. (NI) Q3 2024 Earnings Call Transcript
- Oct -30 - NiSource Q3 Earnings Surpass Estimates, Revenues Miss
- Oct -30 - NiSource (NI) Tops Q3 Earnings Estimates
- Oct -30 - NiSource Announces Third Quarter 2024 Results
- Oct -28 - NiSource to Release Q3 Earnings: Here's What You Need to Know
- Oct -17 - Evercore is bullish on utilities, upgrades from line to outperform
- Oct -16 - Here's Why You Should Add NiSource Stock to Your Portfolio Now
- Oct -16 - NiSource to Release Financial Results and Host Conference Call on October 30
- Sep -25 - What Makes NiSource (NI) a Good Fit for 'Trend Investing'
- Sep -16 - Top 2 Utilities Stocks That May Implode In Q3
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Gas Distribution
Expected Growth : 6.5 %
What the company do ?
NiSource Inc.'s Gas Distribution segment provides natural gas to residential, commercial, and industrial customers through its local gas distribution companies.
Why we expect these perspectives ?
NiSource Inc.'s Gas Distribution segment growth of 6.5% is driven by increasing demand for natural gas, infrastructure investments, and rate base growth. Additionally, favorable weather conditions, customer additions, and cost savings initiatives contribute to the segment's growth.
Segment n°2 -> Electric
Expected Growth : 7.2 %
What the company do ?
NiSource Inc.'s Electric segment provides electric transmission and distribution services to approximately 500,000 customers in northern Indiana.
Why we expect these perspectives ?
NiSource Inc.'s 7.2% growth in Electric segment is driven by increasing demand for clean energy, investments in grid modernization, and favorable regulatory policies. Additionally, the company's focus on renewable energy sources, such as wind and solar, contributes to the growth. Furthermore, NiSource's efforts to improve operational efficiency and reduce costs also support the segment's expansion.
Segment n°3 -> Corporate and Other
Expected Growth : 6.8 %
What the company do ?
Corporate and Other from NiSource Inc. refers to the company's non-utility operations, including unallocated corporate expenses and other miscellaneous items.
Why we expect these perspectives ?
NiSource Inc.'s Corporate and Other segment growth of 6.8% is driven by increased investments in infrastructure, cost savings initiatives, and favorable regulatory outcomes. Additionally, the company's focus on operational efficiency and effective cost management have contributed to the segment's growth.
Nisource Inc. Products
| Product Range | What is it ? |
|---|---|
| Natural Gas Distribution | NiSource Inc. provides natural gas distribution services to residential, commercial, and industrial customers through its subsidiaries. |
| Electricity Generation | NiSource Inc. generates electricity through its power plants, providing wholesale electricity to the market. |
| Transmission and Storage | NiSource Inc. owns and operates natural gas transmission and storage facilities, providing transportation and storage services to customers. |
| Midstream Services | NiSource Inc. provides midstream services, including gathering, processing, and transporting natural gas and natural gas liquids. |
| Electricity Transmission | NiSource Inc. owns and operates electricity transmission lines, providing transmission services to customers. |
NiSource Inc.'s Porter Forces
Threat Of Substitutes
NiSource Inc. operates in a highly regulated industry, which limits the threat of substitutes. However, the increasing adoption of renewable energy sources and energy-efficient technologies poses a moderate threat to the company's traditional business model.
Bargaining Power Of Customers
NiSource Inc. serves a large customer base, which reduces the bargaining power of individual customers. Additionally, the company's diversified customer mix and long-term contracts further mitigate the bargaining power of customers.
Bargaining Power Of Suppliers
NiSource Inc. relies on a few large suppliers for its natural gas and energy infrastructure needs. While the company has some bargaining power due to its scale, suppliers may still exert some pressure on prices and terms.
Threat Of New Entrants
The energy industry is highly regulated, and significant barriers to entry exist, including high capital requirements and complex infrastructure needs. This limits the threat of new entrants to NiSource Inc.'s business.
Intensity Of Rivalry
NiSource Inc. operates in a highly competitive industry, with several large players vying for market share. The company faces intense competition in terms of pricing, customer service, and innovation, which may impact its market position and profitability.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 63.08% |
| Debt Cost | 4.28% |
| Equity Weight | 36.92% |
| Equity Cost | 6.34% |
| WACC | 5.04% |
| Leverage | 170.84% |
NiSource Inc. : Quality Control
NiSource Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| SWX | Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and … |
| OGS | ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas … |
| NJR | New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy … |
| ATO | Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and … |
| NFE | New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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NiSource
A-Score
1-Year Total Return ->
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ONE Gas
A-Score
1-Year Total Return ->
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New Jersey Resources
A-Score
1-Year Total Return ->
4
Southwest Gas Holdings
A-Score
1-Year Total Return ->
5
Atmos Energy
A-Score
1-Year Total Return ->
6
