NiSource Inc. (NI) fair value analysis
S&P 500 · Updated 2026-10-19
NI price how computed
Forward Fair Value verdict
Fairly valuedNI is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $40.76
- Sector
- Utilities
- 12-month range
- $39.00–$49.08
- Market cap
- $19.5B
- From 52-week high
- -17.0%
- Shares outstanding
- 480M
- Rank in Utilities by discount to fair value
- #31 of 36
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
NiSource Inc. is an energy holding company that provides natural gas and electric utility services to millions of customers. The company operates through its subsidiaries primarily in the Midwest and Northeast regions of the United States.
NI currently ranks #31 of 36 Utilities stocks by discount to fair value. It has screened as Fairly valued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $19.5B
- P/E (trailing)
- 21x
- Revenue (TTM)
- $6.88B
- Net margin
- 13.2%
- EPS (TTM)
- $1.92
- Gross margin
- 50.2%
- Debt / equity
- 1.83
- Revenue growth (3-yr avg)
- 10.2%
- Shares outstanding
- 480M
Derived indicators how computed
- Quality grade
- F
- Margin trend
- Stable
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 66 · neutral
- 50-day average
- $40.93
- 200-day average
- $44.82
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Dividends how computed
- Paid, last 12 months
- $1.18 per share (4 payments)
- Yield on last price
- 2.89%
- Consecutive years of increases
- 9
- Next ex-dividend date
- 2026-10-30
- Last payment date
- 2026-08-20
Earnings how computed
- Next earnings report
- 2026-10-28 (pre-market)
- Last 8 quarters vs consensus
- 6 beat, 2 missed
- Quarter by quarter
- 2026-06 ▲ beat (+6.7%)
2026-03 ▲ beat (+1.0%)
2025-12 ▲ beat (+2.0%)
2025-09 ▼ miss (-5.0%)
2025-06 ▲ beat (+4.8%)
2025-03 ▲ beat (+8.9%)
2024-12 ▼ miss (-2.3%)
2024-09 ▲ beat (+25.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 13 buy · 3 hold · 0 sell (16 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $48.3
- Target vs last price
- +18.5%
What our data shows for NI
- Our model validated 17 trailing price-to-earnings windows for NI, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $39.00–$49.08.
- The 14-day relative strength index sits at a neutral 66.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for NI
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent NI news
TickrTrends' derived news-sentiment signal for NI is currently leaning positive, computed from recent coverage.
- Nickel Prices Rise as Chinese Producers Consider Output Cuts (gurufocus.com, 2026-10-21)
TickrTrends take: NI operates in the Utilities sector and currently carries a Fairly valued designation according to TickrTrends metrics. Rising nickel prices could benefit NI's operations and cash generation, particularly if the company has exposure to nickel production or nickel-dependent processes. Investors focused on valuation should monitor whether any margin expansion from higher nickel prices becomes durable or if it proves temporary, as this will influence whether the Fairly valued assessment remains appropriate over time. - NI Maintained by JP Morgan -- Price Target Lowered to $51.00 (gurufocus.com, 2026-10-20)
TickrTrends take: NI's Fairly valued designation from TickrTrends suggests the market is currently pricing in the company's fundamentals appropriately within the Utilities sector. With JP Morgan reducing its price target to $51, investors tracking the stock should monitor whether the market reprices NI if the company's operational performance diverges from expectations that underpin the current Fairly valued assessment. The analyst action provides a reference point for evaluating whether NI trades closer to or away from levels consistent with its sector position and business trajectory. - NI Maintained by Barclays -- Price Target Lowered to $44.00 (gurufocus.com, 2026-10-19)
TickrTrends take: NI has been maintained by Barclays, with the analyst firm lowering its price target to $44, a move that carries implications for investors monitoring the utilities sector. Given TickrTrends' current assessment that NI trades at a fairly valued level, this price target adjustment represents a data point worth tracking to determine whether analyst sentiment is shifting relative to the company's intrinsic valuation metrics. Valuation-focused readers should continue monitoring how this revised price target influences consensus estimates and whether the stock's trading price begins to reflect any meaningful divergence from the fairly valued positioning.
More NI news
- NiSource Inc (NI) Shares Surge 3.5% -- What GF Score of 67 Tells Investors (gurufocus.com, 2026-10-16)
- NiSource (NI) Subsidiary Signs $2.2 Billion Battery Storage Tolling Agreement with AGP Group (gurufocus.com, 2026-10-16)
- NiSource (NI) Signs 20-Year Energy Deal with Microsoft to Supply 1,100 MW Starting 2028 (gurufocus.com, 2026-10-16)
- NI Maintained by Citigroup -- Price Target Lowered to $45.00 (gurufocus.com, 2026-10-14)
- NI Maintained by Keybanc -- Price Target Lowered to $48.00 (gurufocus.com, 2026-10-13)
- NI Initiates Coverage On Scotiabank -- Price Target Announced at $43 (gurufocus.com, 2026-09-29)
- NI Maintained by BMO Capital -- Price Target Lowered to $45.00 (gurufocus.com, 2026-09-28)
What people are saying
Follow the NI conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is NI stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), NI is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is NI's TickrTrends verdict?
NI's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does NI compare to other Utilities stocks?
NI ranks #31 of 36 Utilities stocks in TickrTrends' coverage by discount to fair value.
Is NI overbought or oversold?
NI's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does NI pay a dividend?
Yes. NI paid $1.18 per share over the last twelve months (4 payments), a 2.89% yield on TickrTrends' last price, and has raised the annual total for 9 consecutive years. The next ex-dividend date on file is 2026-10-30.
When does NI report earnings next?
NI's next earnings report is scheduled for 2026-10-28 (pre-market), per the published earnings calendar.
Does NI usually beat earnings estimates?
Over its last 8 reported quarters NI beat the consensus estimate 6 times and missed 2 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about NI?
Of 16 analysts covering NI, 13 rate it a buy, 3 a hold and 0 a sell - buy-leaning, with a consensus price target of $48.3 (+18.5% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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