NiSource (NI) shares have seen a 2.4% decline since its last earnings report but there is potential for a rebound. This is noted in the midst of an Investor Relations Leadership transition, following a successful tenure of their senior director. The company’s recent activity outperforms other utilities stocks. In light of its performance, a
common stock dividend was declared. Key financial updates reveal NiSource’s Q4 results while its Q3 results demonstrated strong EPS growth. NiSource also made the Dow Jones Sustainability Indices for the 11th consecutive year.
Despite a somewhat
strained balance sheet,
strong EPS guidance, and strategic growth plans, and place on multiple most trusted utility brands award lists, forecast a promising future. Apart from analytical ratings, a $2M stock award was granted to an executive leader, boosting the company’s value further. Jefferies raised NiSource’s stock price target to $43 from $39. Though Wall Street analysts see potential, insiders have reportedly sold US$2.1m of stock. Ultra-modern photo prompt – two men shaking hands in front of
NiSource headquarters, symbolizing partnership and growth.
Nisource NI News Analytics from Tue, 24 Mar 2015 07:00:00 GMT to Fri, 14 Mar 2025 15:30:00 GMT -
Rating 4
- Innovation 5
- Information 7
- Rumor 8
