NiSource Inc (NI) concluded trading on Wednesday at a closing price of $36.25, with 3.4 million shares of worth about $123.3 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 24.44% during that period and on November 13, 2024 the price saw a gain of about 0.83%. Currently the company’s common shares owned by public are about 466.78M shares, out of which, 465.66M shares are available for trading.
Stock saw a price change of 3.10% in past 5 days and over the past one month there was a price change of 5.10%. Year-to-date (YTD), NI shares are showing a performance of 36.53% which increased to 46.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.61 but also hit the highest price of $36.40 during that period. The average intraday trading volume for NiSource Inc shares is 3.55 million. The stock is currently trading 2.98% above its 20-day simple moving average (SMA20), while that difference is up 4.91% for SMA50 and it goes to 20.57% higher than SMA200.
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NiSource Inc (NYSE: NI) currently have 466.78M outstanding shares and institutions hold larger chunk of about 95.46% of that.
The stock has a current market capitalization of $16.92B and its 3Y-monthly beta is at 0.52. PE ratio of stock for trailing 12 months is 22.03, while it has posted earnings per share of $1.65 in the same period. Its PEG reads 2.77 and has Quick Ratio of 0.35 while making debt-to-equity ratio of 1.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NI, volatility over the week remained 1.71% while standing at 1.61% over the month.
Stock’s fiscal year EPS is expected to rise by 8.40% while it is estimated to increase by 6.97% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on September 12, 2024 offering a Buy rating for the stock and assigned a target price of $37 to it. Coverage by Mizuho stated NiSource Inc (NI) stock as an Outperform in their note to investors on July 11, 2024, suggesting a price target of $33 for the stock. On January 22, 2024, Barclays Initiated their recommendations, while on October 06, 2023, Ladenburg Thalmann Initiated their ratings for the stock with a price target of $25. Stock get a Buy rating from UBS on June 06, 2023.