NI Stock Recent News

NI's first-quarter earnings and revenues are better than expected. The company continues to strengthen its infrastructure to provide reliable services to customers.

NiSource (NI) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.85 per share a year ago.

U.S. electric and gas utility NiSource beat Wall Street estimates for first-quarter profit on Wednesday, driven by strong demand for power.

MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the quarter ended March 31, 2025, of $474.8 million, or $1.00 of earnings per diluted share, compared to net income available to common shareholders of $344.3 million, or $0.77 of earnings per diluted share, for the same period of 2024. NiSource also reported first quarter 2025 non-GAAP adjusted net income available to common shareholders of $462.3 mill.

NI's first-quarter 2025 results are expected to benefit from Dunns Bridge II project's operations, new rates, and flat operation and maintenance expenses.

NiSource (NI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NiSource is positioned for long-term growth with a projected 7% EPS growth rate through 2029, driven by increasing energy demand from AI, data centers, and natural gas usage. The company is investing $19 billion to modernize its grid and focus on cleaner energy, aiming for a 90% reduction in carbon emissions by 2030. NI offers stable cash flows, a strong financial profile, and a reasonable valuation, trading at a forward EV/EBITDA multiple of 11.87x, slightly above the sector median.

Here are four utility stocks that are expected to post an earnings beat this reporting cycle.

NiSource (NI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Five renewable energy stocks with strong long-term potential are: AES, OGE, WEC, NI, CMS.