New insider activity at Nisource ( (NI) ) has taken place on February 19, 2025.
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Vice President and Chief Accounting Officer Gunnar Gode recently sold 5,500 shares of Nisource stock, generating a total of $219,560 from the transaction.
Recent Updates on NI stock
In recent developments, NiSource has seen several price target adjustments following its strong financial performance in 2024. Wells Fargo raised its price target due to a positive year-end update and minimal wildfire risk exposure, while BofA and Guggenheim also increased their targets citing strong earnings and a solid growth outlook. NiSource reported a robust adjusted EPS of $1.75, surpassing guidance and reflecting operational efficiency. The company’s strategic capital investments aim to drive significant rate base growth in the coming years, supported by a constructive regulatory environment. However, challenges such as a decline in Q4 EPS due to non-controlling interest and depreciation expenses, and pending regulatory approvals for NIPSCO Genco, were noted. Despite these hurdles, NiSource’s focus on sustainability, customer satisfaction, and infrastructure investment underpins its optimistic growth trajectory.
More about Nisource
YTD Price Performance: 8.77%
Average Trading Volume: 3,672,992
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $18.65B