Evercore ISI Group has initiated coverage on NiSource Inc (NI) with an In-Line rating, effective October 6, 2025. This marks the firm's first assessment of the company, reflecting its analysis of NiSource's business and industry dynamics.
NiSource, headquartered in Merrillville, Indiana, operates in the utilities sector and employs 7,687 full-time staff. The company provides energy solutions through two segments: Columbia Operations and NIPSCO Operations. Columbia Operations serves approximately 2.4 million customers across several states, while NIPSCO manages regulated gas and electric operations in northern Indiana.
As of November 20, 2025, NiSource's market capitalization stands at $20.6 billion, with a P/E ratio of 23.01 and an EPS of 1.90. The company also offers a dividend yield of 262.3%. Upcoming earnings are scheduled for August 4, 2026, with an estimated EPS of $0.25 and revenue of $1.3 billion.
Analyst ratings and price targets provide insights based on research and financial models. However, they reflect assumptions that may not always hold true. Investment decisions should incorporate a variety of factors, including company fundamentals and industry trends.
Analyst consensus currently shows 8 Strong Buy, 12 Buy, and 3 Hold ratings, with a consensus rating of Buy. Recent analyst actions include a downgrade by Jefferies and a maintain rating from BMO Capital, indicating a mix of perspectives on the stock's outlook.