NiSource Inc (NYSE:NI) shares, rose in value on Wednesday, March 26, with the stock price up by 0.93% to the previous day’s close as strong demand from buyers drove the stock to $39.98.
Actively observing the price movement in the last trading, the stock closed the session at $39.61, falling within a range of $39.74 and $40.07. The value of beta (5-year monthly) was 0.499 whereas the PE ratio was 24.70 over 12-month period. Referring to stock’s 52-week performance, its high was $41.44, and the low was $26.25. On the whole, NI has fluctuated by 0.35% over the past month.
With the market capitalization of NiSource Inc currently standing at about $18.79 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11. The company’s Forward Dividend Ratio is 1.08, with its dividend yield at 2.69%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.2B, with a low estimate of 1.84B and a high estimate of 3.15B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.31B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NI’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.36, with the price of NI currently trading nearly 1.35% and 3.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.57, while the 7-day volatility ratio is showing 1.51% which for the 30-day chart, stands at 1.89%. Furthermore, NiSource Inc (NI)’s beta value is 0.49, and its average true range (ATR) is 0.71.
A comparison of NiSource Inc (NI) with its peers suggests the former has fared considerably weaker in the market. NI showed an intraday change of 0.93% in last session, and over the past year, it grew by 47.53%%.
Data on historical trading for NiSource Inc (NYSE:NI) indicates that the trading volumes over the past 10 days have averaged 5.14 and over the past 3 months, they’ve averaged 4.36 million. According to company’s latest data on outstanding shares, there are 469.82 million shares outstanding.
Nearly 0.34% of NiSource Inc’s shares belong to company insiders and institutional investors own 96.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.69 million shares as on 2025-03-14, resulting in a short ratio of 1.67. According to the data, the short interest in NiSource Inc (NI) stood at 209.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 8.99 million. The stock has risen by 8.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NI stock heading into the next quarter.
