NiSource Inc (NYSE: NI) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NYSE and operates within the Utilities – Regulated Gas industry segment. The current market capitalization of NiSource Inc is $13.10B. A total of 3.63 million shares were traded on the day, compared to an average of 4.39M shares.

In the most recent transaction, Berman Melanie B. sold 3,742 shares of NI for 27.96 per share on May 30 ’24. After the transaction, the CHRO & SVP Administration now owns 19,978 company shares. In a previous transaction on Mar 15 ’24, Gode Gunnar sold 950 shares at 26.46 per share. NI shares that VP & Chief Accounting Officer owns now total 28,526.

Among the insiders who sold shares, Brown Donald Eugene disposed of 37,490 shares on Mar 06 ’24 at a per-share price of $26.78. This resulted in the EVP & Chief Innovation Officer holding 195,855 shares of NI after the transaction. In another insider transaction, Berman Melanie B. sold 11,141 shares at $26.66 per share on Mar 05 ’24. Company shares held by the SVP & CHRO now total 23,720.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. NiSource Inc pays an annual dividend of $1.03, resulting in a dividend yield of 3.53%, and it has a price to earnings (P/E) ratio of 19.09. NI’s most recent ex-dividend date was 7/31/2024 when it declared a $0.2650 quarterly dividend that was paid in cash on 8/20/2024. Previously, the company paid the dividend on 5/20/2024 with an ex-dividend date of 4/29/2024. The NI stock dividend was $0.2650 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NI has a high of $29.44 and a low of $22.86.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NI’s latest balance sheet shows that the firm has $84.20M in Cash & Short Term Investments as of fiscal 2021. There were $9.99B in debt and $2.75B in liabilities at the time. Its Book Value Per Share was $17.62, while its Total Shareholder’s Equity was $7.27B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NI is Buy with a score of 5.00.

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