NiSource Inc (NI) concluded trading on Thursday at a closing price of $38.03, with 3.38 million shares of worth about $128.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.92% during that period and on January 16, 2025 the price saw a gain of about 3.03%. Currently the company’s common shares owned by public are about 466.71M shares, out of which, 465.70M shares are available for trading.
Stock saw a price change of 4.33% in past 5 days and over the past one month there was a price change of 4.05%. Year-to-date (YTD), NI shares are showing a performance of 3.45% which increased to 44.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.80 but also hit the highest price of $38.56 during that period. The average intraday trading volume for NiSource Inc shares is 3.57 million. The stock is currently trading 4.39% above its 20-day simple moving average (SMA20), while that difference is up 3.88% for SMA50 and it goes to 17.84% higher than SMA200.
NiSource Inc (NYSE: NI) currently have 466.71M outstanding shares and institutions hold larger chunk of about 96.25% of that.
The stock has a current market capitalization of $17.75B and its 3Y-monthly beta is at 0.54. PE ratio of stock for trailing 12 months is 23.11, while it has posted earnings per share of $1.65 in the same period. Its PEG reads 2.91 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 2.07% while standing at 1.81% over the month.
Stock’s fiscal year EPS is expected to rise by 8.43% while it is estimated to increase by 7.04% 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.
