NiSource (NI) posted a
20.7% growth in its earnings, yet it raises uncertainties regarding value and dividend risks. The company has unveiled a
$1.5 billion equity offering program, replacing a former $900M scheme. However, NiSource reported
Q3 2025 earnings that remained below market expectations. Amidst these developments,
Wells Fargo began coverage of the company with an overweight recommendation.
Jeffe, along with other firms such as
Evercore ISI, BofA Securities, and Cfra, revised their ratings and raised target prices. Despite a quarterly miss, NiSource is
advancing growth initiatives and has been classified as a strong growth stock. Projections for 2025 earnings remain firm, even as the company acknowledged value assessment following CEO's retirement announcement. On the positive side, a
contract for a Combined Cycle Generation Project has been awarded to Zachry Group. The company has also introduced strategies to tap into rising data center demand. However, NiSource's Q3 adjusted earnings experienced a decline, and it narrowly missed analyst estimates on earnings. As part of a well-measured strategy, the company continues to make strategic investments despite the quarterly miss, thereby reaffirming an optimistic outlook for 2025.
Nisource NI News Analytics from Fri, 13 Jun 2025 07:00:00 GMT to Sat, 01 Nov 2025 11:30:48 GMT -
Rating 2
- Innovation 4
- Information 7
- Rumor -3
