NiSource Inc (NI) Stock
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations.
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About NiSource Inc
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
NiSource Inc is led by CEO Lloyd Yates, employs 7,687 people, headquartered in Merrillville, US, publicly traded since 1962.
NiSource Inc (NI) stock trades at $44.43 with a market capitalization of $21.30B. The stock is valued at a price-to-earnings (P/E) ratio of 23.24, price-to-book of 2.37, price-to-sales of 3.34. Over the past 52 weeks the stock has ranged between $38.45 and $49.00, and currently trades 9.3% below its 52-week high. It pays a dividend yielding 2.44%.
On profitability, NiSource Inc generates a return on equity (ROE) of 9.11%, return on capital employed of 15.74%, an operating margin of 27.63%, a net profit margin of 14.10%.
In its most recent fiscal year, NiSource Inc reported annual revenue of $6.6B, net profit of $930.0M, revenue has compounded at 7.2% a year over the last five years.
The balance sheet shows a debt-to-equity ratio of 1.74, a current ratio of 0.69, total assets of $36.6B, $136.0M in cash and equivalents.
NI has an average daily trading volume of 4,480,688 shares, a beta of 0.55 (less volatile than the overall market).
Official website: www.nisource.com