Is NiSource (NI) overvalued or fairly valued?

MarketChacha shows NiSource's valuation in context — a forward P/E of about 20.6, a price-to-book of about 2.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is the share price of NiSource (NI)?

NiSource last traded at $46.37 (+2.2% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

NiSource

NI · NYSE · Utilities · United States

$46.37+2.2%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 5:36 PM

Snapshot

TickerNI

ExchangeNYSE

SectorUtilities

IndustryUtilities - Regulated Gas

CountryUnited States

Employees7,668

HeadquartersMerrillville, United States

Market cap$22.2B

P/B2.3

Volume1.37M

Websitewww.nisource.com

Filings tracked0

About NiSource

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.

Profile as reported by Yahoo Finance.

Who owns it

Insiders0.4%
Institutions98.8%
Public & other0.9%

1,197 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.10.74%
T. Rowe Price Investment Management, Inc.10.39%
Vanguard Capital Management LLC6.50%
State Street Corporation5.65%
Vanguard Portfolio Management LLC5.63%
Geode Capital Management, LLC2.63%
Deutsche Bank AG2.44%
Jennison Associates LLC1.92%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

What's expected next

Next quarter

Rev $1.0B · EPS 0.22

Est. earnings growth +15.7%

Next fiscal year

Rev $7.6B · EPS 2.25

Est. earnings growth +9.5%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$38.4552-wk range$49.21

Delayed · as reported by Yahoo Finance

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Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.