NiSource Inc (NYSE: NI) is 9.00% higher on its value in year-to-date trading and has touched a low of $25.45 and a high of $40.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NI stock was last observed hovering at around $39.98 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $40.07, the stock is 4.61% and 7.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.46 million and changing 0.23% at the moment leaves the stock 19.43% off its SMA200. NI registered 54.00% gain for a year compared to 6-month gain of 24.63%.
The stock witnessed a 6.06% loss in the last 1 month and extending the period to 3 months gives it a 8.86%, and is 1.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.22% over the week and 1.95% over the month.
NiSource Inc (NI) has around 7746 employees, a market worth around $18.83B and $5.46B in sales. Current P/E ratio is 24.75 and Fwd P/E is 19.91. Profit margin for the company is 13.53%. Distance from 52-week low is 57.45% and -0.20% from its 52-week high. The company has generated returns on investments over the last 12 months (3.55%).
with sales reaching $2.12B over the same period.The EPS is expected to grow by 6.65% this year, but quarterly earnings will post 13.97% year-over-year. Quarterly sales are estimated to grow 24.25% in year-over-year returns.
NiSource Inc (NI) Top Institutional Holders
The shares outstanding are 469.82M, and float is at 468.30M with Short Float at 1.74%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 55.64 million shares valued at $1.6 billion. The investor’s holdings represent 12.4228% of the NI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 42.9 million shares valued at $$1.24 billion to account for 9.5776 of the shares outstanding. The other top investors are STATE STREET CORP which holds 21.44 million shares representing 4.7876% and valued at over $617.8 million, while DEUTSCHE BANK AG holds 4.0082 of the shares totaling 17.95 million with a market value of $517.21 million.
NiSource Inc (NI) Insider Activity
The most recent transaction is an insider sale by Gode Gunnar,the company’sVP & Chief Accounting Officer. SEC filings show that Gode Gunnar sold 5,500 shares of the company’s common stock on Feb 14 ’25 at a price of $39.92 per share for a total of $0.22 million. Following the sale, the insider now owns 24758.0 shares.
Still, SEC filings show that on Aug 21 ’24, Anderson Shawn (EVP & CFO) disposed off 6,730 shares at an average price of $32.24 for $0.22 million. The insider now directly holds 165,281 shares of NiSource Inc (NI).
