Nisource Stock Beta
| NI Stock | USD 27.91 0.33 1.20% |
NiSource fundamentals help investors to digest information that contributes to NiSource's financial success or failures. It also enables traders to predict the movement of NiSource Stock. The fundamental analysis module provides a way to measure NiSource's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NiSource stock.
NiSource | Beta |
NiSource Company Beta Analysis
NiSource's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current NiSource Beta | 0.49 |
Most of NiSource's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NiSource is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NiSource Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for NiSource is extremely important. It helps to project a fair market value of NiSource Stock properly, considering its historical fundamentals such as Beta. Since NiSource's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NiSource's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NiSource's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, NiSource has a Beta of 0.491. This is 9.11% higher than that of the Multi-Utilities sector and significantly higher than that of the Utilities industry. The beta for all United States stocks is notably lower than that of the firm.
NiSource Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NiSource's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NiSource could also be used in its relative valuation, which is a method of valuing NiSource by comparing valuation metrics of similar companies.NiSource is currently under evaluation in beta category among related companies.
NiSource ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NiSource's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NiSource's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
NiSource Institutional Holders
Institutional Holdings refers to the ownership stake in NiSource that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NiSource's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NiSource's value.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 7.3 M | Cohen & Steers Inc | 2023-12-31 | 7.3 M | Newport Trust Co. | 2023-12-31 | 6.4 M | Thrivent Financial For Lutherans | 2023-12-31 | 6.1 M | Goldman Sachs Group Inc | 2023-12-31 | 5.9 M | Balyasny Asset Management Llc | 2023-12-31 | 5.6 M | Amvescap Plc. | 2023-12-31 | 5.5 M | Legal & General Group Plc | 2023-12-31 | 5 M | Royal Bank Of Canada | 2023-12-31 | 4.7 M | Vanguard Group Inc | 2023-12-31 | 54 M | Blackrock Inc | 2023-12-31 | 39.4 M |
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 Fundamentals
| Return On Equity | 0.0748 | ||||
| Return On Asset | 0.0276 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 26.61 B | ||||
| Shares Outstanding | 448.19 M | ||||
| Shares Owned By Insiders | 0.12 % | ||||
| Shares Owned By Institutions | 92.74 % | ||||
| Number Of Shares Shorted | 6.07 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 | ||||
| Short Ratio | 1.26 X | ||||
| Earnings Per Share | 1.48 X | ||||
| Price To Earnings To Growth | 3.35 X | ||||
| Target Price | 29.96 | ||||
| Number Of Employees | 7.36 K | ||||
| Beta | 0.49 | ||||
| Market Capitalization | 12.36 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 | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.14 % | ||||
| Net Asset | 31.08 B | ||||
| Last Dividend Paid | 1.01 |
About NiSource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NiSource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NiSource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NiSource based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
NiSource Investors Sentiment
The influence of NiSource's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in NiSource. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to NiSource's public news can be used to forecast risks associated with an investment in NiSource. The trend in average sentiment can be used to explain how an investor holding NiSource can time the market purely based on public headlines and social activities around NiSource. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
NiSource's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NiSource's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average NiSource's news discussions. The higher the estimated score, the more favorable is the investor's outlook on NiSource.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NiSource in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NiSource's short interest history, or implied volatility extrapolated from NiSource options trading.
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Try AI Portfolio ArchitectCheck out NiSource Piotroski F Score and NiSource Altman Z Score analysis. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for NiSource Stock analysis
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.