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NiSource Inc (NYSE:NI) reached an all-time high of 41.45 USD, marking a significant milestone for the company. With a market capitalization of $19.37 billion and a solid financial health score rated as "GOOD" by InvestingPro, the utility company trades at a P/E ratio of 21.6x. Over the past year, NiSource’s stock has experienced a remarkable 34.19% increase, reflecting strong investor confidence and robust market performance. The company has demonstrated impressive operational performance with 13.08% revenue growth and maintains a strong dividend track record, having paid dividends for 39 consecutive years. This surge in stock price highlights the company’s strategic initiatives and operational efficiencies that have driven substantial growth. As NiSource continues to expand its footprint in the energy sector, investors remain optimistic about its future prospects, contributing to the stock’s impressive upward trajectory. According to InvestingPro’s Fair Value analysis, the stock appears slightly overvalued at current levels, with additional insights available in the comprehensive Pro Research Report.
In other recent news, NiSource Inc. reported its first-quarter earnings for 2025, exceeding analyst expectations with an adjusted earnings per share (EPS) of $0.98, surpassing the forecasted $0.90. Despite this earnings beat, the company’s revenue fell short of projections, totaling $2.03 billion against an anticipated $2.21 billion. Additionally, NiSource reaffirmed its 2025 EPS guidance of $1.85 to $1.89, maintaining a target growth rate of 6-8% in EPS. Meanwhile, Jefferies analyst Julien Dumoulin-Smith maintained a Buy rating on NiSource, although the price target was slightly reduced from $46 to $45. The analyst expressed optimism about the company’s potential for higher risk-adjusted returns and long-term growth in earnings per share.
At the company’s annual shareholder meeting, NiSource shareholders approved all board nominees and executive compensation packages. The ratification of Deloitte & Touche LLP as the independent registered public accounting firm for 2025 was also confirmed. Furthermore, NiSource announced a quarterly dividend of $0.28 per share, scheduled for payment on August 20, 2025, to shareholders on record as of July 31, 2025. These developments reflect NiSource’s commitment to delivering value to its shareholders and maintaining strong financial performance.
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