Nisource Inc (NYSE: NI), announces a consistent annual dividend of $1.12 per share and $0.28 quarterly set due on May 2025. Despite experiencing a 2.4% decrease since its prior earnings call, the firm has secured a robust position in the market, having surpassed Q4 earnings and revenue expectations. The company has also pronounced changes in investor relations leadership along with strong EPS growth.
UBS has, therefore, raised the firm's price target from $40 to $45. The commitment to stakeholders is further evident in the 5.7% dividend increase and the allocation of a $2M stock award to executive Luhr. Their Q4 2024 earnings report showed revenue growth, pushing NI stocks to an all-time high of $38.56. With the recent use of AI technology, the company has been able to raise its 2025 earnings forecast. Notably, NiSource has acquired a spot in the Dow Jones Sustainability Indices for 11 consecutive times, therefore promising substantial long-term value. The robust growth and future guidance have led analysts, such as
JPMorgan and Jefferies, to suggest that NI stocks are expected to see further growth, with Jefferies adjusting its price target from $43 to $44.
Nisource NI News Analytics from Wed, 29 Aug 2012 07:00:00 GMT to Fri, 21 Mar 2025 13:21:23 GMT -
Rating 8
- Innovation 5
- Rumor 1
