Media stories about NiSource (NYSE:NI) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NiSource earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 45.9539951285888 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of research firms recently commented on NI. KeyCorp reissued a “buy” rating and issued a $25.00 price target on shares of NiSource in a research report on Thursday. Zacks Investment Research lowered NiSource from a “buy” rating to a “hold” rating in a research report on Monday, January 29th. JPMorgan Chase & Co. lowered their price target on NiSource from $28.00 to $25.00 and set a “neutral” rating for the company in a research report on Thursday, January 25th. Guggenheim reissued a “buy” rating and issued a $27.00 price target on shares of NiSource in a research report on Friday, February 23rd. Finally, Jefferies Group reissued a “hold” rating and issued a $26.00 price target on shares of NiSource in a research report on Wednesday, December 20th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $27.00.
Shares of NiSource (NYSE NI) traded up $0.08 during trading on Thursday, hitting $23.39. The stock had a trading volume of 3,428,891 shares, compared to its average volume of 3,793,029. NiSource has a 1 year low of $22.44 and a 1 year high of $27.76. The stock has a market cap of $7,900.00, a price-to-earnings ratio of 58.48, a PEG ratio of 3.27 and a beta of 0.35. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 1.74.
NiSource (NYSE:NI) last announced its earnings results on Tuesday, February 20th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. NiSource had a return on equity of 8.90% and a net margin of 2.64%. The firm had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the firm posted $0.33 EPS. equities analysts forecast that NiSource will post 1.29 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 20th. Stockholders of record on Friday, February 9th were given a dividend of $0.195 per share. The ex-dividend date was Thursday, February 8th. This is a positive change from NiSource’s previous quarterly dividend of $0.18. This represents a $0.78 annualized dividend and a dividend yield of 3.33%. NiSource’s dividend payout ratio (DPR) is currently 195.00%.
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NiSource Inc is an energy holding company. The Company is engaged in the distribution of natural gas. The Company operates through two business segments: Gas Distribution Operations and Electric Operations. The Company’s Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts.
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