NiSource Inc. (NYSE:NI) registered a 0.82% increase, still its new closing price is 9.40% up from the company’s 1 year high of 26.57.It posted -0.27% losses in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 15 stock analysts following this company have an average price target at $24.04, with individual PT in the $22.00-$25.50 range. The shares moved at $22.16, implying that brokerage firms see shares gaining about 6.09% in twelve months time.
NiSource Inc. (NI) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 0.09% rise year to date. A Director at NiSource Inc. (NI) acquired shares in a transaction closed on Monday January 09, 2017. Jesanis Michael E bought 12,000 shares in the company at $22.53 each and collected $270,000 in proceeds. Jesanis Michael E now owns 26,725 shares in the company after this transaction. A EVP & President Columbia Gas in the company, Vegas Pablo, disclosed a transaction on Wednesday November 16, 2016 that ended up paying $468,001 from the purchase of 21,541 shares at $21.75 per share.
NiSource Inc. (NYSE:NI) Upcoming Results on Tap
NiSource Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.12 in that period. Sales during the quarter are predicted to arrive at $1.55 billion.
Earnings surprise history: Last quarter, the company posted approximately $853.9 million in revenue and EPS of $0.06. The mean forecast was for $850.18 million and $0.07 a share, respectively. One quarter earlier, revenue for the stock was at $893 million, with earnings at $0.08/share.
NiSource Inc. (NI) Brokerage Update
NiSource Inc. (NI) is in Guggenheim’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Guggenheim, according to news reported on Monday January 09, 2017.Another important research note was issued by Citigroup on Wednesday December 14, 2016.The firm upgraded NI to Buy from Neutral. Over the last six months and over the last three months, the shares of NiSource Inc. (NI), have changed -11.91% and -0.81%, respectively.