NiSource (NI) continues to outpace its utility peers, with various industry experts retaining their buy ratings for the company, and Bank of America recently increasing
NI's price target to $45. In Q1 2025, NiSource demonstrated strong earnings per share (EPS) growth and strategic investments, beating its earnings and revenue estimates. As such, NiSource's income growth and dividend stock reputation remain solid. Appointing
Durgesh Chopra as Vice President of Investor Relations further reinforces their robust team. The firm recently completed a $1.65 billion notes offering, and the legendary
Jim Cramer of Mad Money dubbed NI as a \"stock I want to own: reliable, consistent, buy, buy, buy.\" NiSource is ideally positioned to leverage the imminent wave of energy demand, particularly with its extensive growth opportunities and laudable customer programs. Analysts remain bullish on
NiSource, and the
GenCo strategy and economic development opportunities promise substantial growth and investment potential. The 16.75% rate hike for a $2 billion grid upgrade by
NIPSCO, a NiSource subsidiary, is greenlit. Despite Jefferies cutting the NiSource price target to $45, they retain their buy rating.
NiSource recently sold a $2.15 billion stake in its Indiana unit to Blackstone, indicating strategic business moves. A minority equity interest issued in NIPSCO to Blackstone shows further business prowess. NiSource honed in on leadership changes and bolstered its team, enhancing the company's overall potential.
Nisource NI News Analytics from Thu, 20 Feb 2020 22:02:07 GMT to Fri, 25 Jul 2025 13:40:03 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 1
