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Earnings Preview: What To Expect From NiSource Report
Yahoo Finance· 2025-10-14 15:23
Core Insights - NiSource Inc. is a prominent U.S. utility holding company with a market cap of $20.2 billion, serving nearly 4 million natural gas and electric customers across six states [1] - The company is expected to report a fiscal third-quarter earnings of $0.17 per share, reflecting a 15% decline year-over-year [2] - For the full fiscal year 2025, analysts project an EPS of $1.88, a 7.4% increase from $1.75 in fiscal 2024, with further growth anticipated to $2.03 in fiscal 2026 [3] Stock Performance - NiSource's stock has increased by 25.9% over the past 52 weeks, outperforming the S&P 500 Index's 14.4% gains and the Utilities Select Sector SPDR Fund's 14.7% gains [4] - The stock's performance is attributed to strong financial results, strategic initiatives, and favorable market sentiment [5] Analyst Ratings - The consensus opinion on NiSource stock is moderately bullish, with a "Moderate Buy" rating from analysts; 10 out of 15 analysts recommend a "Strong Buy" while 5 suggest a "Hold" [6] - The average analyst price target for NI stock is $44.77, indicating a potential upside of 4.8% from current levels [6] Capital Expenditure - NiSource has outlined a robust capital expenditure plan of $19.4 billion for the years 2025–2029, aimed at modernizing infrastructure and improving service reliability [5]
How Is NiSource's Stock Performance Compared to Other Utilities Stocks?
Yahoo Finance· 2025-09-23 13:49
Core Insights - NiSource Inc. is valued at a market cap of $19.4 billion and operates as an energy holding company providing natural gas and electricity services [1] - The company is heavily investing in modernizing infrastructure and transitioning to cleaner energy sources, which positions it for long-term growth [2] Company Overview - NiSource is classified as a large-cap stock due to its market cap exceeding $10 billion, highlighting its size and influence in the regulated gas industry [2] - The company benefits from being a fully regulated utility, ensuring stable and predictable cash flows [2] Financial Performance - In Q2, NiSource reported an 18.3% year-over-year increase in operating revenue to $1.3 billion, with adjusted EPS growing 4.8% to $0.22, surpassing consensus estimates [5] - The company narrowed its fiscal 2025 adjusted EPS guidance to the upper half of the $1.85 to $1.89 range, indicating confidence in achieving financial targets [5] Stock Performance - NiSource's shares are currently trading 5.1% below their 52-week high of $43.51, reached on August 4 [3] - Over the past three months, shares have gained 4.5%, underperforming the Utilities Select Sector SPDR Fund's (XLU) 5.5% return [3] - Year-to-date, shares are up 12.4%, slightly lagging behind XLU's 12.6% increase [4] - Over the past 52 weeks, NiSource has rallied 21.2%, outperforming XLU's 6.4% rise [4] - Despite positive earnings results, shares fell 2.5% on the day of the Q2 earnings release [5]
August 11 is National 811 Day--A Reminder to Call 811 Before Any Digging Project, Large or Small
Prnewswire· 2025-08-08 15:00
Core Message - The article emphasizes the importance of calling 811 before any digging project to prevent damage to underground utility lines and avoid costly repairs averaging $3,500 [1][3][8] Company Information - Pacific Gas and Electric Company (PG&E) serves over 16 million people across 70,000 square miles in Northern and Central California [9] - PG&E has reported 471 incidents of underground utility line damage due to digging in 2025, with 59% of those incidents occurring without a call to 811 [3][8] Industry Insights - The average repair cost for damaged utility lines is $3,500, highlighting the financial implications of not calling 811 before digging [3][8] - The leading causes of damage to underground utility lines include activities such as building or replacing fences, gardening, and landscaping [8] - The 811 call center operates 24/7 and provides services in multiple languages, ensuring accessibility for all customers [8]