NiSource Inc. (NI) had a very encouraging financial run in the first quarter of 2025, surpassing the
earnings and revenue estimates with net income of US$474 Million and sales touching US$2.1 Billion. With the announcement of their Q1 results, the company outlined its growth trajectory for 2025, forecasting an EPS between $1.85 and $1.89 and a whopping $19B capital plan. This strategic growth path led to Wells Fargo maintaining an
Overweight rating and Guggenheim boosting the price target to $43. However, the revenue was impacted by weather adjustments, and
EPS of $1.00 beat the estimate. The intrinsic value of NiSource Inc. saw major speculation and decodings. Leveraging its strong earnings, NiSource declared a common stock dividend. Reportedly, NiSource has crafted proactive strategies despite market challenges and expects to capitalize on the next wave of energy demand. However, the company faced a shareholder proposal against which it advised voting. Amid the impressive performance, NiSource saw a senior director exit, ensuing a smooth IR transition, and the VP & CAO cashed in on the stock sale.
Nisource NI News Analytics from Wed, 08 Nov 2023 08:00:00 GMT to Sat, 10 May 2025 23:51:18 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -3
