NiSource Inc (NI) has recently shown a positive trend in share prices with a noticeable increase of
8.8% since the last earnings report, indicative of a promising performance. This trend has witnessed increased interest from several investment firms, including
Fmr LLC, Cerity Partners LLC, Bridgewater Associates LP, and
Verition Fund Management LLC. However, the shares were sold by some entities such as BNP Paribas Financial Markets and Glenmede Trust Co. NA. Q3 Earnings Surpass Estimates and revenues fell short, yet NI maintains to be a strong dividend stock. A SWOT analysis shows the company set to reap benefits amidst a data center boom. However, caution is witnessed by insider sales worth US$2.1m.
Jefferies initiated NiSource with a Buy, indicating a positive outlook, backed by the company's strong EPS Guidance, Strategic Growth Plans, and substantial benefits from data centers. Q3 earnings beat expectations and NiSource received international certification for system and safety management practices, further strengthening its market position.
Nisource NI News Analytics from Wed, 21 Feb 2024 08:00:00 GMT to Sat, 30 Nov 2024 13:39:22 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor -4
