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Assessing Potential US Nuclear Plant-Data Center Partnerships
We reaffirm our fair value estimates and economic moat ratings for US utilities as we assess potential partnerships between data centers and nuclear plants.
NiSource Inc NI
Bulls Say, Bears Say
Bulls
We expect the dividend to grow near 6% annually during the next few years as NiSource's capital investment peaks.
Bears
Industrial customers account for over half of NiSource's electric sales, higher than most utilities. Industrial sales are more sensitive to the economy than residential and commercial sales.
News
-
NIPSCO’s Electric Generation Transition Continues With Completion of Third Solar Project
-
NiSource Declares Common Stock Dividends
-
NiSource announces second quarter 2024 results
-
NiSource to release financial results and host conference call on August 7
-
NiSource Celebrates Multiple Brands Named as 2024 Most Trusted Utility Brands Award Recipients
-
NiSource Demonstrates Commitment to Furthering a More Sustainable and Inclusive Future through 2024 ESG Report
-
NiSource Raises 2024 Earnings Outlook After Blackstone Deal
-
Blackstone paying $2.41B in minority stake deal with NiSource unit
Trading Information
- Previous Close Price
- $34.12
- Day Range
- $34.15–34.51
- 52-Week Range
- $22.86–34.57
- Bid/Ask
- $33.81 / $34.37
- Market Cap
- $15.42 Bil
- Volume/Avg
- 2.8 Mil / 4.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- 21.89
- Price/Sales
- 2.95
- Dividend Yield (Trailing)
- 3.04%
- Dividend Yield (Forward)
- 3.08%
- Total Yield
- 3.04%
Company Profile
NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource’s electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.
- Sector
- Utilities
- Industry
- Utilities - Regulated Gas
- Stock Style Box
- Mid Value
- Total Number of Employees
- 7,411
- Website
- https://www.nisource.com
Competitors
Valuation
|
Metric
|
NI
|
WEC
|
XEL
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.89 | 20.10 | 18.55 |
Price/Book Value | 1.96 | 2.49 | 2.00 |
Price/Sales | 2.95 | 3.49 | 2.60 |
Price/Cash Flow | 8.28 | 9.76 | 7.24 |
Price/Earnings
NI
WEC
XEL
Financial Strength
|
Metric
|
NI
|
WEC
|
XEL
|
|---|---|---|---|
Quick Ratio | 0.29 | 0.42 | 0.61 |
Current Ratio | 0.78 | 0.74 | 0.97 |
Interest Coverage | 2.74 | 3.05 | 2.58 |
Quick Ratio
NI
WEC
XEL
Profitability
|
Metric
|
NI
|
WEC
|
XEL
|
|---|---|---|---|
Return on Assets (Normalized) | 2.64% | 3.36% | 2.89% |
Return on Equity (Normalized) | 10.75% | 12.39% | 10.62% |
Return on Invested Capital (Normalized) | 5.43% | 6.96% | 5.98% |
Return on Assets
NI
WEC
XEL
Utilities - Regulated Gas Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Naturgy Energy Group SA ADR
GASNY
| — | Tdrsj | $25.2 Bil | |||
| Atmos Energy Corp
ATO
| Ympyhkgstc | Mpdxz | $21.4 Bil | |||
| GAIL (India) Ltd DR
GAILF
| — | Jflrh | $18.6 Bil | |||
| Snam SpA
SNMRF
| — | Cvdbw | $17.2 Bil | |||
| Snam SpA ADR
SNMRY
| — | Xgxkz | $17.2 Bil | |||
| Hong Kong and China Gas Co Ltd ADR
HOKCY
| — | Vndxm | $15.8 Bil | |||
| China Resources Gas Group Ltd
CRGGF
| — | Dmfqtj | $9.6 Bil | |||
| New Jersey Resources Corp
NJR
| Cbtymxnqv | Wdqtqv | $4.7 Bil | |||
| New Fortress Energy Inc Class A
NFE
| Kvzrrswrl | Xkq | $2.0 Bil |
United States