Nama Insights

NiSource (NI)

Utilities · Utilities Regulated Gas · NYSE

S&P 500
NiSource (NI) is a Utilities company in the Utilities Regulated Gas industry. It has a market capitalization of $21.18B, a trailing price-to-earnings ratio of 22.1 and a free-cash-flow yield of -3.8%. Over the most recent reported fiscal year, revenue grew 21.8%. Nama's AI scorecard rates it Hold, 5.3 out of 10. On 12-month momentum it ranks in the lagging band of its market.
AI scorecard
Hold · 5.3/10
The sections balance. As of Nov 7, 2026.
Momentum
Lagging · -5.2% over 12 months ex. last
Second-worst fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-10.3%
How far the last close sits under the highest price of the past five years.
Market cap$21.18B
Trailing P/E22.1
Price / book2.2
Price / sales3.0
FCF yield-3.8%
Dividend yield2.7%
Gross margin50.8%
Operating margin27.1%
Net margin13.2%
Revenue growth (YoY)+21.8%
Revenue growth (3-yr annual)+4.3%
EPS growth (YoY)+8.6%
FCF/share growth (YoY)—
Beta0.6
ExchangeNYSE
SectorUtilities
IndustryUtilities Regulated Gas

NI earnings

Next report: Feb 10, 2027 (Q4 2026, EPS estimate $0.59). Beat the EPS estimate in 3 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Oct 28, 2026 $0.27 $0.23 +17.4% —
Q2 2026 Aug 5, 2026 $0.16 $0.16 +0.0% $1.34B
Q1 2026 May 6, 2026 $1.06 $1.05 +0.9% $2.36B
Q4 2025 Feb 11, 2026 $0.51 $0.50 +2.0% $1.90B

NI analyst price target

Median target $49.00 from 16 analysts, ranging $43.00 – $52.00.

Utilities Regulated Gas peers

TickerCompanyMarket capP/E
ATO Atmos Energy $29.27B 20.4
UGI UGI $7.94B 12.7
SWX Southwest Gas $6.62B 23.3
BKH Black Hills $6.47B 19.7
NJR New Jersey Resources $5.51B 14.9
SR Spire $5.25B 18.5
OGS ONE Gas $5.09B 16.6
BIPC Brookfield Infrastructure $4.88B —
Explore live NI data on Nama Insights →

Recent Congressional trades

NiSource trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member Chamber Trade Amount Disclosed
Dan Newhouse House Sell $1,001 - $15,000 May 16, 2025
Dan Newhouse House Buy $1,001 - $15,000 Apr 25, 2024

NI FAQ

Is NI a buy?
Nama's AI scorecard currently rates NiSource Hold (5.3 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is NI's P/E ratio?
NiSource trades at a trailing price-to-earnings ratio of 22.1.
When does NI report earnings?
NiSource's next scheduled report is on Feb 10, 2027. Analysts expect EPS of $0.59.
What is the NI price target?
The median analyst price target from 16 analysts is $49.00, with a range of $43.00 – $52.00.
Is NI Shariah compliant?
Nama's AAOIFI-style screen reads NiSource as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does NI pay a dividend?
Yes — NiSource's dividend yield is 2.7%.