ni stock NiSource Inc. (NI) Guide

NiSource Inc. (Ticker: NI)

ni stock refers to NiSource Inc., a U.S.-based regulated energy holding company whose common stock trades on the New York Stock Exchange under the symbol NI. This guide explains what ni stock represents, how NiSource operates, key financial and market information, regulatory and risk considerations, and where investors can find authoritative resources and real-time quotes. Readers will gain a practical, neutral overview suitable for beginners and active investors who want to better understand this regulated utility and its publicly traded security.

Quick facts / Infobox summary

• Company name: NiSource Inc.
• Ticker / Exchange: NI — New York Stock Exchange
• Headquarters: Merrillville, Indiana, United States
• Industry / Sector: Regulated Utilities — Natural Gas Distribution & Electric Transmission/Distribution
• Founded: Corporate lineage dates to early 20th century; modern NiSource formed through reorganizations and public listings in late 20th / early 21st century
• Number of employees: Several thousand (company disclosures provide exact counts in annual reports)
• Primary listing: NYSE (common stock)
• Common financial metrics: Market capitalization, P/E, dividend yield and shares outstanding vary over time; check real-time market-data providers and the company IR site for current values

Corporate history

NiSource's corporate history reflects the long, regulated development of regional U.S. utilities. The company has roots in multiple predecessor utilities that consolidated over decades. Through mergers, acquisitions, spin-offs, and reorganizations, NiSource evolved into a publicly traded holding company that owns and operates regulated gas distribution systems and electric transmission and distribution assets. Important historical milestones include expansion of gas distribution footprints, strategic asset transactions, and periodic corporate restructuring to align regulated operations under a central holding company.

Over time NiSource has adapted to changing regulatory and energy landscapes — shifting investment toward infrastructure replacement, safety programs and modernization of distribution networks. NiSource’s public filings and investor relations materials provide a detailed timeline of these events, including major acquisitions, divestitures, and any relevant corporate actions that affected shareholders and the public utility footprint.

Business operations and segments

NiSource organizes its business primarily into regulated operating segments that reflect the core activities of an integrated gas and electric utility holding company. Understanding these segments is essential for evaluating ni stock because revenues, capital spending, and regulatory risk are allocated across them.

Gas Distribution Operations

NiSource’s gas distribution operations deliver natural gas to residential, commercial and industrial customers across its service territories. Typical gas distribution activities include:

• Operation and maintenance of distribution mains, service lines, meter infrastructure and local pipeline connections.
• Safety and integrity programs such as pipeline replacement, leak detection and meter upgrades.
• Customer services including billing, demand-side programs and energy-efficiency initiatives.

Gas distribution is often the largest revenue contributor for NiSource. Customer counts for gas utilities are commonly in the hundreds of thousands to low millions across all service territories combined; NiSource’s public filings report precise customer counts and pipeline mileage. Gas customers are typically categorized as residential, commercial or industrial, and the economics of distribution are shaped by regulated rate mechanisms, weather-driven demand, and infrastructure investment needs.

Electric Operations

NiSource’s electric operations focus mainly on transmission and distribution (T&D) rather than large-scale merchant generation. Electric responsibilities include maintaining transmission lines, substations, distribution feeders, and related customer-facing infrastructure. Where NiSource owns generation assets, these are generally complementary to T&D operations and typically include a mix of generation types depending on the region (natural gas-fired generation, smaller-scale renewable or hydro assets where applicable). The electric segment’s revenue depends on regulated rates, load growth, and capital investments to modernize the grid and improve reliability.

Service territory and infrastructure

ni stock’s underlying business is geographically concentrated in a defined set of U.S. states. NiSource serves customers across multiple Midwestern and Northeastern states, with a footprint that combines urban, suburban and rural service territories. Key physical metrics that investors and analysts track include:

• Number of gas and electric customers by state and customer class.
• Pipeline and distribution mains mileage for gas operations.
• Transmission and distribution line miles, substation counts and other T&D statistics for electric operations.
• Generation capacity where applicable, described in megawatts (MW) and by fuel type.

For specific, up-to-date infrastructure counts and maps, consult NiSource’s most recent SEC filings (Form 10-K and Form 10-Q) and the company’s investor presentations. Those filings provide quantified figures such as pipeline miles, customer totals and generation capacity as of the report date.

Financial profile

NiSource’s financial profile reflects typical regulated utility characteristics: stable recurring revenue from rate-regulated operations, significant capital expenditure (capex) programs for infrastructure, and a financing profile dependent on access to debt and equity markets. Important financial items to consider when reviewing ni stock include:

• Annual revenue and operating income trends driven by rate decisions, customer growth and weather-driven demand.
• Capital expenditure plans: utilities commonly invest heavily in pipeline replacement, grid modernization and safety programs over multi-year horizons.
• Balance sheet composition: debt levels, maturities, credit ratings and liquidity positions, which influence capital costs and dividend coverage.
• Profitability metrics: net income, earnings per share (EPS), return on equity (ROE) allowed by regulators and payout ratios for common dividends.

Recent financial results

As with all publicly traded companies, NiSource releases quarterly and annual financial statements that summarize revenue, operating results and outlook. When assessing ni stock, review the most recent quarterly report for updates on revenue, net income, EPS and management guidance. Regulatory rate case outcomes and notable one-time items (asset sales, impairment charges, or litigation settlements) can materially affect reported results for a given period.

Stock market information

ni stock (NYSE: NI) is a commonly covered utility security. Public market characteristics that investors monitor include market capitalization, average daily trading volume, shares outstanding, free float and intraday liquidity. These indicators help gauge how easily investors can buy or sell NI shares and how market participants price the regulated utility franchise.

Historical price performance

NiSource’s share price history reflects long-term utility sector trends, macroeconomic and interest-rate conditions, regulatory developments and company-specific news. Sources such as historical price charts and databases provide long-term series (decades in some databases) that illustrate total-return patterns, dividend reinvestment impacts and key price milestones. For ni stock, look at 1-year, 5-year and multi-decade charts to understand volatility relative to peers and major market indices.

Dividends and total return

Dividends are a central part of ni stock’s appeal for income-oriented investors. NiSource’s dividend policy historically targets consistent payouts supported by regulated cash flows, though the level and sustainability of dividends depend on earnings, regulatory ROE allowances and balance-sheet strength. Important dividend metrics include yield (annualized dividend divided by share price), payout frequency (commonly quarterly), payout ratio and dividend growth history. When evaluating ni stock for income, check the company’s latest dividend declaration and coverage metrics reported in quarterly statements.

Shareholder structure and liquidity

Ownership of ni stock typically includes a mix of institutional investors, mutual funds, pension funds and retail shareholders. Institutional ownership levels and insider holdings are disclosed in SEC filings and can indicate investor confidence and governance dynamics. Short interest and days-to-cover metrics illustrate short sellers’ activity, while average volume and float reflect trading liquidity. These metrics are available from major market-data providers and company filings.

Analyst coverage and investor sentiment

NiSource is followed by sell-side analysts and independent equity research providers who publish ratings, target prices and thematic coverage related to regulated utilities. Analyst coverage aggregates into consensus recommendations (buy/hold/sell distribution) and a range of price targets. Investor sentiment can be inferred from earnings call reactions, analyst revisions, and institutional buying or selling disclosed in filings. When researching ni stock, compare multiple reputable sources to capture a balanced view of sentiment and forward-looking estimates.

Corporate governance and management

Corporate governance matters for ni stock include the board structure, executive management experience, compensation practices and governance disclosures that relate to regulatory compliance and shareholder rights. Key executives (CEO, CFO and other senior leaders) typically appear in proxy statements and investor materials. Governance practices such as independent directors, committee composition and shareholder proposals may influence investor views of management effectiveness and long-term strategy execution.

Recent developments and news

Material developments that have affected ni stock include regulatory rate-case outcomes, capital-raising activities, large infrastructure investment programs, safety or compliance incidents and notable earnings surprises. For time-sensitive coverage, consult market-data providers and NiSource’s investor relations releases. To ensure clarity on timing, media and financial pages typically report dates; for example, as of 2024-06-01, financial summary snapshots were available on leading market-data platforms for historical reference.

When reviewing news about ni stock, note any regulatory proceedings or capital market transactions that may materially change the company’s leverage, allowed return on equity, or investment cadence. Management guidance updates in quarterly calls are another important source of forward-looking context.

Risk factors

NiSource faces several risks typical to regulated utilities; these are particularly relevant to holders or prospective buyers of ni stock:

• Regulatory and rate-case risk: NiSource’s revenues and allowed returns depend on approvals from state utility commissions. Adverse rate decisions or delayed rate recovery for capital projects can reduce earnings and cash flow.
• Weather and demand variability: Cold winters or hot summers affect natural gas and electric consumption, causing quarter-to-quarter swings in revenue.
• Commodity and wholesale market exposure: While distribution utilities have limited direct commodity exposure, wholesale energy markets and transportation costs can indirectly influence operations and procurement costs.
• Infrastructure and operational risk: Aging pipeline and grid infrastructure require continuous investment; failures or safety incidents can produce regulatory penalties and reputational damage.
• Interest-rate and financing risk: Utilities are capital-intensive and sensitive to interest-rate changes that affect borrowing costs and valuation multiples used by investors in ni stock.
• Legal and environmental liabilities: Environmental remediation, litigation or penalties tied to safety or emissions can result in unexpected costs.

Regulatory and legal environment

NiSource operates within state and federal regulatory frameworks that govern rates, service quality and safety standards. Common regulatory processes include rate filings, infrastructure rider requests, and performance-based mechanisms tied to reliability or customer programs. Regulatory bodies (state public utility commissions and federal agencies where applicable) review NiSource’s proposals and set allowed returns, depreciation schedules and cost recovery mechanisms. Investors in ni stock should monitor pending rate cases and commission decisions, as these can materially affect future cash flows.

Investment considerations

For investors evaluating ni stock, the following high-level considerations are relevant and factual in nature (not investment advice):

• Utilities like NiSource often offer steady, regulated cash flows and dividend income, appealing to income-oriented portfolios.
• Growth prospects are commonly tied to multi-year capital programs to replace aging infrastructure and modernize networks; these programs increase rate base and, over time, allowed earnings if regulators approve cost recovery and fair returns.
• Valuation of ni stock is sensitive to interest rates, regulatory outcomes and the company’s ability to execute capital projects on time and on budget.
• Liquidity and analyst coverage are moderate to strong for NYSE-listed utilities; investors should use multiple public data sources to cross-check real-time quotes and corporate disclosures.

Investor resources

Official and reliable resources for researching ni stock include:

• NiSource Investor Relations — corporate press releases, SEC filings (Form 10-K, 10-Q, 8-K) and investor presentations.
• Major market-data providers and financial platforms for real-time quotes, historical charts and analyst estimates.
• SEC EDGAR — for the company’s official filings and proxy statements.
• Earnings call transcripts and investor-day materials — for management commentary on strategy and first-hand guidance.

See also

For comparative context, investors often review other regulated utilities and public power companies to benchmark operating metrics, dividend yields and regulatory outcomes. Utility sector reports from independent research providers can also provide broader industry trends and regulatory developments that affect ni stock.

References and sources

The following primary sources are helpful for factual figures and time-stamped reporting about ni stock and NiSource. When consulting these sources, note the report date shown on each page or document:

• Yahoo Finance — NiSource Inc. (NI) stock page (price, market cap, dividends, P/E and other market metrics). As of specific report dates, Yahoo provides snapshot metrics and historical charts.
• CNN Markets — NI stock quote and analyst coverage summaries.
• Morningstar — NI equity quote, financials and analyst commentary.
• The Motley Fool — company coverage and educational materials on NiSource.
• Macrotrends — long-term historical stock price data and dividend history for NiSource.
• TradingView — interactive NYSE:NI charting and technical indicators.
• Finviz — stock snapshot including institutional ownership, short interest and key ratios.
• NiSource Investor Relations — official company releases, stock performance page and SEC filings.
• Nasdaq — market-activity page for NiSource common stock (NI) which includes trading data and historical activity.

Notable reporting notes

To provide time context for market data and news coverage of ni stock, readers should note the reporting date in each cited source. For example: as of 2024-06-01, major market-data pages provided up-to-date snapshots of NiSource’s market capitalization, dividend yield and recent trading volume. For the most current figures at your time of research, consult the NiSource investor relations site and live market-data pages.

How to access ni stock (practical steps)

If you are considering accessing the public markets where ni stock trades, retail investors typically use a brokerage platform that offers NYSE-listed securities. Bitget is available as a trading platform offering access to U.S.-listed equities where permitted; if you prefer crypto-native custody and web3 wallet integration, Bitget Wallet is recommended for on-chain asset management and broader account integration. Always verify local regulatory permissions and account requirements before placing trades.

Common questions about ni stock

What does ni stock represent?

ni stock represents common equity ownership in NiSource Inc., a regulated gas distribution and electric transmission/distribution utility holding company. Owners of ni stock are equity shareholders who have residual claims on earnings and assets after creditors and preferred holders.

Is ni stock a dividend-paying security?

Historically, NiSource has paid regular dividends. The dividend level and yield fluctuate with the share price and company declarations. For the latest dividend declaration and payment dates, check NiSource’s investor relations releases and recent filings.

What drives ni stock performance?

Key drivers include regulatory rate decisions, capital investment programs and their approved recovery, weather-driven demand, operational reliability and safety performance, and macro factors such as interest rates which influence utility valuation multiples.

Risk disclosure and neutrality

This article provides factual information about ni stock and NiSource Inc. It is not investment advice or a recommendation to buy, sell or hold any security. Readers should perform their own due diligence, review primary source filings and consult licensed financial professionals for personalized advice. The article aims for neutral, factual presentation and cites common public sources for further verification.

Further exploration

To explore ni stock further, consider the following practical steps:

1. Review the latest NiSource Form 10-K and most recent Form 10-Q for audited financials and management commentary.
2. Listen to the latest earnings call and read the accompanying presentation deck for management’s priorities on capex and regulatory filings.
3. Check current market metrics (price, market cap, yield, P/E) on reputable real-time platforms and cross-reference with NiSource’s IR site for dividend and share count details.
4. If you plan to trade, set up and verify an account on Bitget where available, and consider custody preferences such as Bitget Wallet for integrated assets.

For ongoing monitoring, add ni stock to your watchlist on market-data platforms and subscribe to NiSource investor alerts to receive timely filings and press releases.

Sources and reporting dates: Readers should verify dates on the cited sources. For example, stock snapshot data and analyst summaries were accessible on major financial pages as of June 1, 2024. For the latest, consult NiSource Investor Relations and SEC EDGAR filings with their specific report dates.

Note: This content references public sources for factual details and does not provide real-time quotes. When considering trading ni stock, consult live market data and the official NiSource filings for the most current information.

Action: Explore ni stock market pages and NiSource’s investor materials, and consider accessing the market via Bitget where available. To manage on-chain assets or web3-native holdings alongside equities, Bitget Wallet is a recommended option.