NI
NiSource Inc
NYSE: NI · UTILITIES · UTILITIES - REGULATED GAS
$39.25
-1.58% today
Updated 2026-09-23
Market cap
$19.46B
P/E ratio
21.59
P/S ratio
2.83x
EPS (TTM)
$1.88
Dividend yield
1.42%
52W range
$40 – $49
Volume
5.6M
WallStSmart proprietary scores
50
out of 100
Grade: C
Hold
Investment rating
3.3
Growth
D3.5
Quality
D6.5
Profitability
B5.0
Valuation
C+4/9
Piotroski F-Score
Moderate
0.6
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →255 stocks currently score above 75
Price targets
Analyst target
$47.91
+22.06%
12-Month target
$45.74
+16.54%
Intrinsic (DCF)
—
Margin of safety
—
3 Strong Buy9 Buy3 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
Insufficient data
Risks
- Altman Z 0.58 — distress zone
- Negative free cash flow $-417.00M
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $5.85B | $5.51B | $5.46B | $6.64B | $6.88B | $6.9B |
| Net income | $804.10M | $714.30M | $760.40M | $929.50M | $45.50M | — |
| EPS | — | — | — | — | $1.88 | $2.11 |
| Free cash flow | $-793.70M | $-710.70M | $-861.50M | $-420.00M | $-417.00M | — |
| Profit margin | 13.74% | 12.97% | 13.94% | 13.99% | 13.20% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-08-14 | BIRMINGHAM, MELODY | Sale | 37,509 | $42.40 |
| 2026-07-13 | JESANIS, MICHAEL E | Buy | 30,190 | — |
| 2026-05-22 | BERMAN, MELANIE B. | Sale | 15,000 | $47.68 |
Peer comparison
Smart narrative
NiSource Inc trades at $39.25. representing a P/E of 21.59x trailing earnings. Our Smart Value Score of 50/100 indicates the stock is fair. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 0.58, it sits in the distress. TTM revenue stands at $6.88B. with profit margins at 13.20%.
Frequently asked questions
What is NiSource Inc's stock price?
NiSource Inc (NI) trades at $39.25, on a P/E of 21.6x and a P/S of 2.8x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is NiSource Inc overvalued?
NiSource Inc carries a Smart Value Score of 50/100 (Grade C), which we rate Hold. That score blends growth, quality, and valuation into one read.
What is the price target of NiSource Inc (NI)?
The 12-month analyst consensus target is $47.91, about 22.1% above the current $39.25. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of NI by 2030?
Our research-backed model puts the 2030 base case at $208.96, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is NiSource Inc's revenue?
NiSource Inc's trailing twelve-month revenue is $6.88B, and our model projects it reaching about $8.27B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
NiSource Inc's Altman Z-Score is 0.58, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorUTILITIES
IndustryUTILITIES - REGULATED GAS
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio2.83x
ROE9.45%
Beta0.54
50D MA$43.05
200D MA$44.96
Shares out0.48B
Float0.48B
Short ratio—
Avg volume5.6M
Performance
1 week-4.07%
1 month-3.46%
3 months-17.91%
YTD-6.02%
1 year-7.40%
3 years—
5 years—