Is NiSource Inc (NYSE: NI) The Best Stock To Invest In?

After Hours

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Stocks Info

NiSource Inc is listed on the NYSE in the Utilities sector while operating in the Utilities – Regulated Gas industry. The current market capitalization of NiSource Inc is $16.54B. A total of 3.61 million shares were traded on the day, compared to an average of 3.42M shares.

In the most recent transaction, Anderson Shawn sold 6,730 shares of NI for 32.24 per share on Aug 21 ’24. After the transaction, the EVP & CFO now owns 165,281 company shares. In a previous transaction on Aug 19 ’24, Jefferson William Jr. sold 4,364 shares at 32.07 per share. NI shares that EVP, Chief Op & Safety Officer owns now total 33,129.

Among the insiders who bought shares, Anderson Shawn acquired of 6,730 shares on Aug 21 ’24 at a per-share price of $32.24. In another insider transaction, Jefferson William Jr. bought 4,364 shares at $32.07 per share on Aug 19 ’24.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. NiSource Inc pays an annual dividend of $1.06, resulting in a dividend yield of 2.99%, and it has a price to earnings (P/E) ratio of 21.53. NI’s most recent ex-dividend date was 3.35% when it declared a $0.2650 quarterly dividend that was paid in cash on 10/31/2024. Previously, the company paid the dividend on 7/31/2024 with an ex-dividend date of 3.68%. The NI stock dividend was $0.2650 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, NI has a high of $38.56 and a low of $24.80.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. NI’s latest balance sheet shows that the firm has $84.20M in Cash & Short Term Investments as of fiscal 2021. There were $9.99B in debt and $2.75B in liabilities at the time. Its Book Value Per Share was $17.88, while its Total Shareholder’s Equity was $7.27B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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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