Analysts Point To NiSource Inc (NYSE: NI) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, NI falls under the Utilities sector while operating within the Utilities – Regulated Gas industry segment. The current market capitalization of NiSource Inc is $13.70B. A total of 5.99 million shares were traded on the day, compared to an average of 4.24M shares.

In the most recent transaction, Berman Melanie B. sold 3,742 shares of NI for 27.96 per share on May 30 ’24. After the transaction, the CHRO & SVP Administration now owns 19,978 company shares. In a previous transaction on Mar 15 ’24, Gode Gunnar sold 950 shares at 26.46 per share. NI shares that VP & Chief Accounting Officer owns now total 28,526.

Among the insiders who sold shares, Brown Donald Eugene disposed of 37,490 shares on Mar 06 ’24 at a per-share price of $26.78. This resulted in the EVP & Chief Innovation Officer holding 195,855 shares of NI after the transaction. In another insider transaction, Berman Melanie B. sold 11,141 shares at $26.66 per share on Mar 05 ’24. Company shares held by the SVP & CHRO now total 23,720.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. NiSource Inc pays an annual dividend of $1.04, resulting in a dividend yield of 3.42%, and it has a price to earnings (P/E) ratio of 19.98. NI’s most recent ex-dividend date was 7/31/2024 when it declared a $0.2650 quarterly dividend that was paid in cash on 8/20/2024. Previously, the company paid the dividend on 5/20/2024 with an ex-dividend date of 4/29/2024. The NI stock dividend was $0.2650 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, NI has a high of $32.38 and a low of $22.86.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NI is Buy with a score of 5.00.

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