Jefferies has downgraded NiSource Inc (NI) to Hold from Buy as of September 4, 2025. The current price stands at $42.73.
This move underscores increased caution regarding NiSource's outlook, potentially reflecting concerns about competitive pressures, market conditions, or execution risks that could impact the company's performance.
NiSource, headquartered in Merrillville, Indiana, operates through two segments: Columbia Operations and NIPSCO Operations. The firm provides natural gas to approximately 2.4 million customers across several states and has a market capitalization of $20.6 billion. The company reported a P/E ratio of 23.01 and an EPS of 1.90 as of November 20, 2025.
Upcoming earnings are scheduled for August 4, 2026, with an estimated EPS of $0.25 and revenue of $1.3 billion. Analyst consensus remains at Buy, with 8 Strong Buy, 12 Buy, and 3 Hold ratings as of November 1, 2025.
Analyst ratings and price targets represent professional opinions based on research and financial models. While these assessments can offer perspective, they are based on assumptions that may not materialize as expected. Investment decisions should consider various factors, including company fundamentals and industry trends, rather than relying solely on analyst views.