Analysts See $0.76 EPS for NiSource Inc. (NI)

April 21, 2018 - By Clifton Ray

NiSource Inc. (NYSE:NI) LogoInvestors sentiment increased to 1.46 in Q4 2017. Its up 0.11, from 1.35 in 2017Q3. It improved, as 27 investors sold NiSource Inc. shares while 109 reduced holdings. 48 funds opened positions while 150 raised stakes. 281.01 million shares or 4.47% more from 269.00 million shares in 2017Q3 were reported.
Aqr Capital Mgmt Lc accumulated 932,048 shares or 0.03% of the stock. Ls Invest Limited Liability Corporation reported 0.08% of its portfolio in NiSource Inc. (NYSE:NI). Clinton Group Incorporated Inc stated it has 90,471 shares or 0.2% of all its holdings. Da Davidson owns 8,860 shares for 0% of their portfolio. Adirondack Research & Incorporated reported 13,550 shares stake. Ledyard National Bank & Trust owns 522 shares. Daiwa Sb invested in 310 shares or 0% of the stock. Morgan Stanley, a New York-based fund reported 2.55 million shares. 25,206 were reported by Jackson Wealth Management Lc. Great West Life Assurance Company Can holds 233,049 shares. Oakbrook Invests Ltd Liability Corporation reported 0.02% in NiSource Inc. (NYSE:NI). Zimmer Prtn L P reported 8.50 million shares. Prudential reported 493,313 shares. World Asset Management accumulated 27,785 shares. First Manhattan invested in 0.04% or 319,745 shares.

Analysts expect NiSource Inc. (NYSE:NI) to report $0.76 EPS on May, 2 before the open.They anticipate $0.11 EPS change or 16.92 % from last quarter’s $0.65 EPS. NI’s profit would be $256.54 million giving it 7.81 P/E if the $0.76 EPS is correct. After having $0.33 EPS previously, NiSource Inc.’s analysts see 130.30 % EPS growth. The stock decreased 1.04% or $0.25 during the last trading session, reaching $23.75. About 3.18 million shares traded. NiSource Inc. (NYSE:NI) has declined 0.08% since April 21, 2017 and is downtrending. It has underperformed by 11.63% the S&P500.

NiSource Inc. (NYSE:NI) Ratings Coverage

Among 6 analysts covering NiSource (NYSE:NI), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. NiSource had 8 analyst reports since November 2, 2017 according to SRatingsIntel. As per Monday, November 20, the company rating was maintained by Citigroup. The firm earned “Neutral” rating on Thursday, January 25 by JP Morgan. Bank of America upgraded the stock to “Buy” rating in Friday, March 23 report. The company was upgraded on Wednesday, January 10 by Goldman Sachs. The rating was maintained by Jefferies with “Hold” on Wednesday, December 20. The rating was downgraded by Citigroup to “Neutral” on Tuesday, March 27. Credit Suisse maintained it with “Outperform” rating and $30 target in Thursday, November 2 report. JP Morgan maintained the stock with “Neutral” rating in Tuesday, April 10 report.

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility firm in the United States. The company has market cap of $8.02 billion. The firm operates through two divisions, Gas Distribution Operations and Electric Operations. It has a 60.9 P/E ratio. It provides natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services.

NiSource Inc. (NYSE:NI) Institutional Positions Chart

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