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Upturn AI Summary - About
NiSource Inc(NI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NI
10/02/2026: NI (2-star) is currently NOT-A-BUY. Pass it for now.
NiSource Inc is a regulated utility holding company providing essential natural gas and electric services in the Midwestern United States. The company benefits from a stable, predictable business model centered on government-approved rates and ongoing infrastructure investment. Its primary growth opportunity lies in transitioning its electric generation fleet toward renewable energy while continuing to modernize its gas distribution network. Key risks include heavy capital expenditure needs, regulatory sensitivity, and the potential impact of interest rate changes on borrowing costs. This stock is well-suited for income-oriented investors seeking stable, long-term dividends, provided they monitor regulatory developments and infrastructure execution closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is moderate and tied to regulated rate base expansion rather than high-growth innovation. |
| Momentum investor | Weak fit | Utility stocks typically lack the high-volatility price momentum sought by this style. |
| Value investor | Mixed fit | The stock is often priced based on yield and regulatory stability rather than deep value discount. |
| Dividend investor | Strong fit | NiSource is well-suited for income-focused portfolios due to its regulated, recurring cash flow model. |
| Low-risk investor | Strong fit | Regulated utilities offer lower beta and more stable price characteristics compared to broader equities. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | The regulated nature of the business limits exposure to sudden market price swings. |
| Valuation risk | Medium | Valuations in the utility sector are highly sensitive to interest rate environments. |
| Competition risk (Regulatory Monopoly) | Low | As a regulated utility, the company operates in territories with limited direct competition. |
| Business quality | Strong | Essential services create a stable, long-term franchise quality. |
| Dividend income | Strong | Predictable cash flows support reliable dividend distributions. |
| Execution risk | Medium | Successfully managing large-scale infrastructure projects and regulatory filings is critical. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type Stock | Historic Profit 35.37% | Avg. Invested days 82 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/02/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 18.94B USD | Price to earnings Ratio 20.79 | 1Y Target Price 49.13 |
Price to earnings Ratio 20.79 | 1Y Target Price 49.13 | ||
Volume (30-day avg) 5.5M shares | Beta 0.54 | 52 Weeks Range 38.42 - 48.88 | Updated Date 10/02/2026 |
52 Weeks Range 38.42 - 48.88 | Updated Date 10/02/2026 | ||
Dividends yield (FY) 1.49% | Basic EPS (TTM) 1.9 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Regulated Gas Distribution | Delivery of natural gas to residential and commercial customers across six states. | Revenue comes from reliable monthly utility bills based on government-approved rates. |
| Regulated Electric Operations | Generation and delivery of electricity in Indiana. | Core earnings are backed by state-approved utility service contracts. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 20.79 | Forward PE 17.36 | Enterprise Value 36.16B | Price to Sales(TTM) 2.75 |
Enterprise Value 36.16B | Price to Sales(TTM) 2.75 | ||
Enterprise Value to Revenue 5.25 | Enterprise Value to EBITDA 11.29 | Shares Outstanding 479.56M | Shares Floating 477.73M |
Shares Outstanding 479.56M | Shares Floating 477.73M | ||
Percent Insiders 0.35 | Percent Institutions 98.08 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About NiSource Inc
Exchange NYSE | Headquarters Merrillville, IN, United States | ||
IPO Launch date 1984-10-19 | President, CEO & Director Mr. Lloyd M. Yates | ||
Sector Utilities | Industry Utilities - Regulated Gas | Full time employees 7668 | Website https://www.nisource.com |
Full time employees 7668 | Website https://www.nisource.com | ||
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
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