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NiSource Inc (NYSE:NI). reached a significant milestone as its stock hit an all-time high of 42.32 USD, with InvestingPro data showing the company maintains a "GOOD" overall financial health score of 2.65. This achievement underscores a remarkable year for the company, with its stock price appreciating by 38.42% over the past 12 months. The utility company’s consistent performance, evidenced by its 39-year streak of maintaining dividend payments and 8 consecutive years of dividend increases, has likely contributed to this upward trajectory. With a beta of 0.55 indicating lower volatility than the market, NiSource has attracted investor confidence and driven the stock to new heights. As NiSource continues to expand its operations and enhance its service offerings, market participants will be keenly observing whether the company can maintain this momentum in the coming quarters. Analysts remain optimistic, with a consensus "Strong Buy" recommendation and price targets ranging from $36 to $48.15. For deeper insights into NiSource’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro, which includes additional expert analysis and key metrics.
In other recent news, NiSource Inc. reported first-quarter earnings for 2025 that exceeded analyst expectations, with an adjusted earnings per share (EPS) of $0.98 compared to the forecasted $0.90. However, the company’s revenue fell short, coming in at $2.03 billion against a forecast of $2.21 billion. Jefferies has adjusted its price target for NiSource multiple times, most recently raising it to $48 from $45, citing potential data center announcements expected in the latter half of 2025. Previously, Jefferies had reduced the price target to $45 from $46 while maintaining a Buy rating, highlighting the company’s engagement with large-load customers and the progress of its Generation Company. NiSource also announced a quarterly dividend of $0.28 per share, payable on August 20, 2025, to shareholders of record as of July 31, 2025. Additionally, the company successfully held its annual shareholder meeting, where all nominated directors were elected with significant majority support. These developments reflect NiSource’s ongoing strategic initiatives and shareholder engagement efforts.
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