Positive News Coverage Somewhat Unlikely to Impact NiSource (NI) Share Price

News articles about NiSource (NYSE:NI) have trended positive on Thursday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NiSource earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 47.0347511256544 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

NiSource (NI) traded up $0.18 on Thursday, reaching $25.24. 1,765,300 shares of the company traded hands, compared to its average volume of 2,574,847. The company has a market cap of $8,440.00, a PE ratio of 30.41, a P/E/G ratio of 3.59 and a beta of 0.42. NiSource has a 1-year low of $21.65 and a 1-year high of $27.76. The company has a quick ratio of 0.32, a current ratio of 0.52 and a debt-to-equity ratio of 1.72.

NiSource (NYSE:NI) last posted its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $0.07 EPS for the quarter, meeting the consensus estimate of $0.07. The business had revenue of $917.00 million for the quarter, compared to analysts’ expectations of $901.00 million. NiSource had a net margin of 5.61% and a return on equity of 8.97%. During the same period in the previous year, the firm posted $0.06 EPS. equities research analysts predict that NiSource will post 1.2 EPS for the current fiscal year.

A number of brokerages have recently weighed in on NI. Zacks Investment Research cut shares of NiSource from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. Credit Suisse Group lifted their price target on shares of NiSource from $29.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, November 2nd. JPMorgan Chase & Co. lifted their price target on shares of NiSource from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. KeyCorp reissued a “buy” rating and set a $29.50 price target on shares of NiSource in a research report on Friday, October 20th. Finally, Jefferies Group reissued a “hold” rating and set a $26.00 price target on shares of NiSource in a research report on Wednesday, December 20th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. NiSource currently has a consensus rating of “Buy” and a consensus price target of $27.95.

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NiSource Company Profile

NiSource Inc is an energy holding company. The Company is engaged in the distribution of natural gas. The Company operates through two business segments: Gas Distribution Operations and Electric Operations. The Company’s Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts.

Insider Buying and Selling by Quarter for NiSource (NYSE:NI)

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