Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NiSource (NI) have what it takes?
NI makes a strong case for investment, given its growth prospects, debt management and capability to increase shareholders' value.
BofA Securities analyst Ross Fowler reinstated the Buy rating at NiSource Inc NI with a price target of $37 and the Neutral rating at CenterPoint Energy, Inc CNP with a price target of $29.
NiSource Inc. is a $15.0 billion holding company for six utilities, five of which are local distribution companies (LDCs) supplying natural gas, and one which supplies both gas and electricity. The company is seeing good growth throughout its service areas, particularly for electricity in NW Indiana. NiSource still plans to retire its coal units, accounting for 42% of its generation capacity, at a time when demand for reliable baseload power is increasing.
NiSource (NI) reported earnings 30 days ago. What's next for the stock?
NiSource (NI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NiSource (NI) have what it takes?
NiSource (NI) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
NiSource (NI) makes a strong case for investment, given its growth prospects, debt management and capability to increase shareholders' value.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NiSource (NI) have what it takes?
NiSource Inc. (NYSE:NI ) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET Company Participants Chris Turnure - Director of Investor Relations Lloyd Yates - President and Chief Executive Officer Michael Luhrs - Executive Vice President of Strategy and Risk and Chief Commercial Officer Shawn Anderson - Executive Vice President and Chief Financial Officer Melody Birmingham - Executive Vice President and Group President, NiSource Utilities Conference Call Participants Shar Pourreza - Guggenheim Partners Nicholas Campanella - Barclays Julien Dumoulin-Smith - Jefferies Durgesh Chopra - Evercore ISI Richard Sunderland - J.P. Morgan Steve Fleishman - Wolfe Research Paul Fremont - Ladenburg Thalmann Operator Thank you for standing by.
NiSource's (NI) second-quarter 2024 earnings increase year over year, while revenues decline. Total operating expenses decrease during the same period.