Nisource Stock Performance
| NI Stock | USD 28.18 0.25 0.90% |
NiSource has a performance score of 14 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.82, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NiSource's returns are expected to increase less than the market. However, during the bear market, the loss of holding NiSource is expected to be smaller as well. NiSource right now secures a risk of 0.93%. Please verify NiSource potential upside, as well as the relationship between the kurtosis and day typical price , to decide if NiSource will be following its current price movements.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in NiSource are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak forward indicators, NiSource may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return 0.72 | Five Day Return 2.25 | Year To Date Return 4.15 | Ten Year Return 99.65 | All Time Return 484.82 |
Forward Dividend Yield 0.038 | Payout Ratio 0.6438 | Last Split Factor 2545:1000 | Forward Dividend Rate 1.06 | Dividend Date 2024-05-20 |
| NiSource dividend paid on 20th of February 2024 | 02/20/2024 |
1 | NiSource Announces Fourth Quarter 2023 Results | 02/21/2024 |
2 | NiSource Full Year 2023 Earnings Misses Expectations | 02/23/2024 |
3 | Atmos Energy Rides on Investments, Expanding Customer Base | 03/07/2024 |
4 | Eversource to Gain From Investments Renewable Expansion | 03/18/2024 |
5 | NiSource announces retirement of director Aristides Candris | 03/19/2024 |
6 | Those who invested in NiSource three years ago are up 25 | 03/21/2024 |
7 | CMS Energy Arm to Build Large-Scale Solar Farm in Michigan | 03/26/2024 |
8 | Why Is Pinnacle West Up 10.7 percent Since Last Earnings Report | 03/28/2024 |
9 | Oak Thistle LLC Takes Position in NiSource Inc. - MarketBeat | 04/02/2024 |
10 | Reasons to Add MDU Resources to Your Portfolio Now | 04/05/2024 |
11 | Reasons to Add New Jersey Resources to Your Portfolio | 04/10/2024 |
12 | Heres Why You Should Add Unitil to Your Portfolio Now | 04/16/2024 |
13 | Is Atmos Energy Stock Outpacing Its Utilities Peers This Year | 04/22/2024 |
| Begin Period Cash Flow | 75.4 M |
NiSource |
NiSource Relative Risk vs. Return Landscape
If you would invest 2,530 in NiSource on January 25, 2024 and sell it today you would earn a total of 288.00 from holding NiSource or generate 11.38% return on investment over 90 days. NiSource is generating 0.1755% of daily returns and assumes 0.9333% volatility on return distribution over the 90 days horizon. Put differently, 8% of stocks are less risky than NiSource on the basis of their historical return distribution, and some 97% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
NiSource Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NiSource's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NiSource, and traders can use it to determine the average amount a NiSource's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1881
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| Small Returns | NI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average NiSource is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NiSource by adding it to a well-diversified portfolio.
NiSource Fundamentals Growth
NiSource Stock prices reflect investors' perceptions of the future prospects and financial health of NiSource, and NiSource fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NiSource Stock performance.
| Return On Equity | 0.0748 | ||||
| Return On Asset | 0.0276 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 26.77 B | ||||
| Shares Outstanding | 448.19 M | ||||
| Price To Earning | 17.24 X | ||||
| Price To Book | 1.56 X | ||||
| Price To Sales | 2.20 X | ||||
| Revenue | 5.51 B | ||||
| Gross Profit | 2.26 B | ||||
| EBITDA | 2.23 B | ||||
| Net Income | 674.4 M | ||||
| Cash And Equivalents | 40.8 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 14.13 B | ||||
| Debt To Equity | 1.34 % | ||||
| Current Ratio | 0.63 X | ||||
| Book Value Per Share | 17.40 X | ||||
| Cash Flow From Operations | 1.94 B | ||||
| Earnings Per Share | 1.48 X | ||||
| Market Capitalization | 12.52 B | ||||
| Total Asset | 31.08 B | ||||
| Retained Earnings | (967 M) | ||||
| Working Capital | (765.7 M) | ||||
| Current Asset | 1.58 B | ||||
| Current Liabilities | 2.66 B | ||||
About NiSource Performance
To evaluate NiSource Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when NiSource generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare NiSource Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand NiSource market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents NiSource's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 60.65 | 68.83 | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.05 | 0.07 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.09 | 0.08 |
Things to note about NiSource performance evaluation
Checking the ongoing alerts about NiSource for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NiSource help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reports 14.13 B of total liabilities with total debt to equity ratio (D/E) of 1.34, which is normal for its line of buisiness. NiSource has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist NiSource until it has trouble settling it off, either with new capital or with free cash flow. So, NiSource's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NiSource sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NiSource to invest in growth at high rates of return. When we think about NiSource's use of debt, we should always consider it together with cash and equity. | |
| Over 94.0% of NiSource shares are owned by institutional investors | |
| Latest headline from zacks.com: Is Atmos Energy Stock Outpacing Its Utilities Peers This Year |
- Analyzing NiSource's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NiSource's stock is overvalued or undervalued compared to its peers.
- Examining NiSource's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NiSource's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NiSource's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NiSource's stock. These opinions can provide insight into NiSource's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running NiSource's price analysis, check to measure NiSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NiSource is operating at the current time. Most of NiSource's value examination focuses on studying past and present price action to predict the probability of NiSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NiSource's price. Additionally, you may evaluate how the addition of NiSource to your portfolios can decrease your overall portfolio volatility.
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Is NiSource's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NiSource. If investors know NiSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NiSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 1.015 | Earnings Share 1.48 | Revenue Per Share 13.231 | Quarterly Revenue Growth (0.17) |
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NiSource's market value can be influenced by many factors that don't directly affect NiSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.