Market Cap
$18.7B
NI
NISOURCE INC.
$39.41 ▼ -0.23%
Prev close $39.50Market cap$18.7B
ConsensusStrong Buy
12-mo target$49.13 (+24.7%)
▲ Bullish
Analyst conviction 8/10
Insider Selling Cluster (3 insiders)37 New Institutional Positions13 Institutional Exits Traditional Energy
Snapshot
The big-picture read on NI right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Strong Buy (83%)
Inst. Holders
50 funds
Inst. Value
$15.5B
Inst. Activity
37 buys / 13 sells
Insider Activity
$0.00 buy / $4.5M sell
Insider Net $
-$4.5M
Social Sentiment
80° Bullish
SEC Reports
6
Congressional
1 trades
Price chart 30d -5.4%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: NI — 57.5% short (1.2M / 2.0M)
Short: 1,171,748 | Exempt: 7,363 | TRF Vol: 2,036,313 | Short Ratio: 57.5% | Off-exchange volume (da
Aug 14, 2026 Insider
Aug 5, 2026 SEC BIRMINGHAM MELODY sold 37,509.173 shares
EVP & Grp President, Utilities @ $42.40 ($1.6M)
NiSource reported Q2 2026 GAAP EPS of $0.09, down sharply from $0.22 a year ago, driven by a $21.4M lockout cost and ele
8-K — Impact 4/10
A small institutional cluster formed in NI during 2026-Q2, with 4 asset managers adding modest positions totaling $1.4M
INST-CLUSTER — Impact 3/10
Jul 13, 2026 Insider
Jesanis Michael E acquired 30,189.569 shares
Director
Jun 30, 2026 Inst.
NORGES BANK — NEW
7,789,733 shares ($370.4M)
Jun 30, 2026 Inst.
CITADEL ADVISORS LLC — DOUBLED
3,715,541 shares ($176.7M)
Jun 16, 2026 Congress
John Fetterman buy
$1,001 - $15,000 — Senate
Analyst ratings buy % -4.6%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
83% rate it Buy or better · 24 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 29, 2026 | Scotiabank | INITIATE | Sector Perform | 56% |
| Sep 28, 2026 | BMO Capital | MAINTAIN | Outperform | 53% |
| Aug 26, 2026 | Mizuho | MAINTAIN | Outperform | 52% |
| Aug 17, 2026 | Ladenburg Thalmann | MAINTAIN | Buy | 45% |
| Aug 7, 2026 | Barclays | MAINTAIN | Overweight | 54% |
| Jul 23, 2026 | Keybanc | MAINTAIN | Overweight | 52% |
| Jul 20, 2026 | Barclays | MAINTAIN | Overweight | 54% |
| Jul 17, 2026 | BMO Capital | MAINTAIN | Outperform | 53% |
| Jul 2, 2026 | RBC Capital | INITIATE | Outperform | 55% |
| May 11, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 8 | 12 | 4 | 0 | 0 | 83% | |
| Aug 1, 2026 | 8 | 12 | 5 | 0 | 0 | 80% | |
| Jul 1, 2026 | 8 | 11 | 5 | 0 | 0 | 79% | |
| Jun 1, 2026 | 8 | 12 | 4 | 0 | 0 | 83% | |
| May 1, 2026 | 8 | 12 | 4 | 0 | 0 | 83% | |
| Apr 1, 2026 | 8 | 12 | 4 | 0 | 0 | 83% | |
| Mar 1, 2026 | 8 | 11 | 4 | 0 | 0 | 83% | |
| Feb 1, 2026 | 8 | 12 | 3 | 0 | 0 | 87% |
Price targets
Where 15 covering analysts think NI trades over the next 12 months.
$49.13 +24.7% upside Strong Buy
Current$39.41 Low$43.00 Median$50.00 High$55.00 15 analysts
$43.00$55.00
Analyst rating Buy· 1.6/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
80°
Bullish
BearishNeutralBullish
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
6 SEC filing reports analyzed · 1 bullish, 0 bearish, 1 mixed, 4 neutral · avg impact 3.7/10.
NEUTRAL8-K4/10
NiSource reported Q2 2026 GAAP EPS of $0.09, down sharply from $0.22 a year ago, driven by a $21.4M
Aug 5, 2026
MIXEDINST-CLUSTER3/10
A small institutional cluster formed in NI during 2026-Q2, with 4 asset managers adding modest posit
Jul 21, 2026
NEUTRAL1442/10
Melody Birmingham, an officer of NiSource Inc., filed a Form 144 on May 14, 2026, indicating intent
May 14, 2026
NEUTRAL424B54/10
NiSource filed a preliminary prospectus supplement for a senior unsecured debt offering of two serie
May 11, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: NI — 57.5% short (1.2M / 2.0M)
Short: 1,171,748 | Exempt: 7,363 | TRF Vol: 2,036,313 | Short Ratio: 57.5% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: NI — 73.3% short (1.6M / 2.2M)
Short: 1,590,263 | Exempt: 318 | TRF Vol: 2,168,671 | Short Ratio: 73.3% | Off-exchange volume (dark pool + OTC)
Sep 25, 2026
short_volume
Short Volume: NI — 67.6% short (1.2M / 1.8M)
Short: 1,217,765 | Exempt: 64 | TRF Vol: 1,802,754 | Short Ratio: 67.6% | Off-exchange volume (dark pool + OTC)
Sep 24, 2026
short_volume
Short Volume: NI — 64.1% short (1.8M / 2.9M)
Short: 1,839,668 | Exempt: 1,510 | TRF Vol: 2,868,101 | Short Ratio: 64.1% | Off-exchange volume (dark pool + OTC)
Sep 21, 2026
short_volume
Short Volume: NI — 71.4% short (1.4M / 1.9M)
Short: 1,373,378 | Exempt: 2,013 | TRF Vol: 1,922,678 | Short Ratio: 71.4% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.22 | $0.16–$0.26 | 13.2% | -1.7% | 2↑ 4↓ | $1.4B | 7 |
| Next Q | $0.62 | $0.56–$0.69 | 21.6% | +0.5% | 5↑ 1↓ | $2.0B | 7 |
| Current FY | $2.05 | $2.03–$2.07 | 7.9% | -0.1% | 1↑ 4↓ | $7.3B | 14 |
| Next FY | $2.25 | $2.20–$2.33 | 9.8% | -0.1% | 1↑ 4↓ | $7.7B | 16 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.215 | — |
| 7d ago | $0.215 | — |
| 30d ago | $0.219 | -0.004 |
| 60d ago | $0.219 | -0.003 |
| 90d ago | $0.217 | -0.002 |
Institutional ownership
Which big funds own NI (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $15.5B total value (326,344,601 shares) as of 2026-Q2. Top holders: BlackRock,, VANGUARD, STATE. Net buying activity: 37 institutions added/increased vs 13 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 54,957,602 | $2.6B | 16.8% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 31,351,094 | $1.5B | 9.6% | — |
| STATE STREET CORP | 27,622,784 | $1.3B | 8.5% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 27,067,956 | $1.3B | 8.3% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 12,920,034 | $611.9M | 3.9% | — |
| DEUTSCHE BANK AG\ | 12,077,706 | $574.3M | 3.7% | — |
| FMR LLC | 10,170,078 | $483.6M | 3.1% | — |
| JENNISON ASSOCIATES LLC | 9,235,389 | $439.1M | 2.8% | — |
| Invesco Ltd. | 7,790,163 | $370.4M | 2.4% | — |
| NORGES BANK | 7,789,733 | $370.4M | 2.4% | NEW |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 7,789,733 | — | $370.4M |
| CITADEL ADVISORS LLC | DOUBLED | 806,380 | 3,715,541 | +360.8% | $176.7M |
| BALYASNY ASSET MANAGEMENT L.P. | DOUBLED | 12,583 | 3,457,694 | +27379.1% | $164.4M |
| Nuveen, LLC | ADD | 2,220,405 | 3,248,805 | +46.3% | $154.5M |
| Qube Research & Technologies Ltd | DOUBLED | 103,144 | 2,496,134 | +2320.0% | $118.7M |
| UBS Group AG | TRIM | 5,873,793 | 2,046,373 | -65.2% | $97.3M |
| Amundi | ADD | 920,306 | 1,788,427 | +94.3% | $85.0M |
| ONTARIO TEACHERS PENSION PLAN BOARD | DOUBLED | 27,756 | 1,750,406 | +6206.4% | $83.2M |
| BANK OF MONTREAL /CAN/ | TRIM | 3,393,371 | 1,688,775 | -50.2% | $80.3M |
| SCHRODER INVESTMENT MANAGEMENT GROUP | ADD | 1,026,791 | 1,625,247 | +58.3% | $78.3M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
19 insiders, 45 transactions. Net -$4.5M — $0.00 bought, $4.5M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 14, 2026 | BIRMINGHAM MELODY | EVP & Grp President, Utilities | SELL | 37,509.173 | $42.40 | $1.6M |
| Jul 13, 2026 | Jesanis Michael E | Director | J | 30,189.569 | — | — |
| May 22, 2026 | Berman Melanie B. | EVP Administration & CHRO | SELL | 15,000 | $47.68 | $715.2K |
| May 21, 2026 | Yates Lloyd M | Director and President & CEO | SELL | 19,905 | $47.73 | $950.1K |
| May 20, 2026 | BIRMINGHAM MELODY | EVP & Grp President, Utilities | SELL | 2,500 | $47.43 | $118.6K |
| May 14, 2026 | BIRMINGHAM MELODY | EVP & Grp President, Utilities | SELL | 10,000 | $47.19 | $471.9K |
| May 11, 2026 | ALTABEF PETER | Director | AWARD | 3,807 | $47.03 | $179.0K |
| May 11, 2026 | Barbour Sondra L | Director | AWARD | 3,807 | $47.03 | $179.0K |
| May 11, 2026 | Bunting Theodore H JR | Director | AWARD | 3,807 | $47.03 | $179.0K |
| May 11, 2026 | BUTLER ERIC L | Director | AWARD | 3,807 | $47.03 | $179.0K |
Congressional trades
NI trades disclosed by members of Congress, with disclosure delay.
1 members · 1 buys / 0 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Jun 16, 2026 | John Fetterman | D | SENATE | BUY | $1,001 - $15,000 | NiSource Inc | Jul 9, 2026(24d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for NI.
Shares short
14,724,912
Settlement Sep 15, 2026
Change vs prior
+0.5%
Semi-monthly cycle
Days to cover
3.1
At avg daily volume
Of shares outstanding
≈3.1%
Estimate — not % of float
All NI filing & press-release reports (6)
- 8-K reportAug 5, 2026
- INST-CLUSTER reportJul 21, 2026
- 144 reportMay 14, 2026
- 424B5 reportMay 11, 2026
- 8-K reportMay 6, 2026
- DEFA14A reportMar 30, 2026