BMO Capital Reiterates Outperform on NiSource, Maintains $31 Price Target
$NI
Power Generation
Utilities
BMO Capital analyst James Thalacker reiterates NiSource (NYSE:NI) with a Outperform and maintains $31 price target.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/12/2024 | $37.00 | Buy | BofA Securities |
| 7/11/2024 | $33.00 | Outperform | Mizuho |
| 1/22/2024 | $28.00 | Overweight | Barclays |
| 10/6/2023 | $25.00 | Buy | Ladenburg Thalmann |
| 6/6/2023 | $31.00 | Neutral → Buy | UBS |
| 11/9/2022 | $27.00 | Neutral → Outperform | Credit Suisse |
| 7/27/2022 | Hold → Buy | Edward Jones | |
| 4/26/2022 | $32.00 | Neutral | Credit Suisse |
Reaffirming 2024 non-GAAP adjusted EPS guidance Introducing 2025 non-GAAP adjusted EPS guidance and extending expected annual 6-8% growth to 2025-2029 Updating 5-year capital expenditure base plan to $19.3 billion NiSource Inc. (NYSE:NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended September 30, 2024, of $85.7 million, or $0.19 of earnings per diluted share, compared to net income available to common shareholders of $77.0 million, or $0.17 of earnings per diluted share, for the same period of 2023. For the nine months ended September 30, 2024, on a GAAP basis NiSource's net income available to common shareholders was $515.8
NiSource Inc. (NYSE:NI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, October 30, 2024, to review its third quarter 2024 financial results and provide a general business update. NiSource will release its third quarter 2024 financial results before U.S. financial markets open on October 30. All interested parties may listen to the conference call live on October 30 by logging onto the NiSource website at www.nisource.com. A link on the home page will provide access to the webcast and news release. A replay of the call will be available beginning at 2 p.m. ET on October 30 through 11:59 p.m. ET on November 6, 2024. To access the record
NIPSCO's latest solar facility is expected to generate 200 megawatts of solar energy with an additional 45 megawatts of battery storage technology Taking the next step forward in its electric generation transition to a more diverse, balanced and reliable portfolio, Northern Indiana Public Service Company LLC (NIPSCO) – a subsidiary of NiSource Inc. (NYSE:NI), today announced the completion of another solar project in its electric generation fleet. Cavalry Solar is now online and operating, producing more cost-effective, cleaner energy for homes and businesses. "The completion of Cavalry Solar, the third solar project in NIPSCO's generating mix, is a crucial step in advancing our energy
10-Q - NISOURCE INC. (0001111711) (Filer)
8-K - NISOURCE INC. (0001111711) (Filer)
8-K - NISOURCE INC. (0001111711) (Filer)
Reaffirming 2024 non-GAAP adjusted EPS guidance Introducing 2025 non-GAAP adjusted EPS guidance and extending expected annual 6-8% growth to 2025-2029 Updating 5-year capital expenditure base plan to $19.3 billion NiSource Inc. (NYSE:NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended September 30, 2024, of $85.7 million, or $0.19 of earnings per diluted share, compared to net income available to common shareholders of $77.0 million, or $0.17 of earnings per diluted share, for the same period of 2023. For the nine months ended September 30, 2024, on a GAAP basis NiSource's net income available to common shareholders was $515.8
NiSource Inc. (NYSE:NI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, October 30, 2024, to review its third quarter 2024 financial results and provide a general business update. NiSource will release its third quarter 2024 financial results before U.S. financial markets open on October 30. All interested parties may listen to the conference call live on October 30 by logging onto the NiSource website at www.nisource.com. A link on the home page will provide access to the webcast and news release. A replay of the call will be available beginning at 2 p.m. ET on October 30 through 11:59 p.m. ET on November 6, 2024. To access the record
The board of directors of NiSource Inc. (NYSE:NI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable November 20, 2024, to stockholders of record at the close of business on October 31, 2024. About NiSource NiSource Inc. (NYSE:NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,400 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America
BofA Securities resumed coverage of NiSource with a rating of Buy and set a new price target of $37.00
Mizuho initiated coverage of NiSource with a rating of Outperform and set a new price target of $33.00
Barclays initiated coverage of NiSource with a rating of Overweight and set a new price target of $28.00
BMO Capital analyst James Thalacker maintains NiSource (NYSE:NI) with a Outperform and raises the price target from $31 to $32.
Barclays analyst Nicholas Campanella maintains NiSource (NYSE:NI) with a Overweight and raises the price target from $31 to $34.
In the preceding three months, 5 analysts have released ratings for NiSource (NYSE:NI), presenting a wide array of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 5 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 2 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $31.6, along with a high estimate of $33.00 and a low estimate of $31.00. This current average has increased
4 - NISOURCE INC. (0001111711) (Issuer)
4 - NISOURCE INC. (0001111711) (Issuer)
4 - NISOURCE INC. (0001111711) (Issuer)
SC 13G/A - NISOURCE INC. (0001111711) (Subject)
SC 13G/A - NISOURCE INC. (0001111711) (Subject)
SC 13G/A - NISOURCE INC. (0001111711) (Subject)
NiSource Inc. (NYSE:NI) today announced Aristides S. Candris, who has served as a director since 2012, has retired from the NiSource Board, and that it has appointed John McAvoy to its Board of Directors, effective immediately. "We are pleased with the appointment of John McAvoy and the deep utility operational expertise he brings to the Board," said NiSource Board Chair Kevin T. Kabat. "John also possesses substantial experience in executive leadership, finance, engineering, and operations that will be invaluable assets to our Board and the company." Kabat added, "On behalf of the entire Board, I would like to thank Aris for his leadership and direction to NiSource. We have benefitted
MERRILLVILLE, Ind., March 15, 2023 /PRNewswire/ -- NiSource (NYSE:NI) today announced the appointment of Michael Luhrs to the NiSource executive leadership team, along with a reconfiguration of leadership responsibilities for several others on that team. Michael Luhrs is joining NiSource's executive leadership team on March 27 as executive vice president of strategy and risk and the company's chief commercial officer. Luhrs will oversee economic development, strategy and risk management, sustainability, customer experience, corporate insurance and energy supply and optimizat
Jennifer Montague appointed president and chief operating officer, Columbia Gas of Virginia MERRILLVILLE, Ind., March 10, 2023 /PRNewswire/ -- NiSource (NYSE:NI) today announced the appointment of Jennifer Montague to the role of president and chief operating officer, Columbia Gas of Virginia, effective May 1, following the retirement of Brent Archer. "Brent has been an outstanding leader and a valuable member of the NiSource and Columbia Gas teams for the past 37 years," said Lloyd Yates, NiSource president and chief executive officer. "For the past eight years, he has led C