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How to Buy Nisource Stock

Nisource Inc

Nisource is a gas company located in Indiana, United States, which is part of the Utilities sector, and is traded under the ticker NI on the NYSE exchange.

Nisource stock last closed at $28.17, down 0.42% from the previous day, and has increased 3.72% in one year. It has overperformed other stocks in the Utilities - Regulated Gas industry by 0.14 percentage points. Nisource stock is currently +23.23% from its 52-week low of $22.86, and -4.31% from its 52-week high of $29.44.

There are currently 448.31M shares of NI outstanding. The market capitalization of NI is $12.63B. In the last 24 hours, 1.81M NI shares were traded.

How to Buy Nisource Stock

Wondering how to invest in Nisource stock? Here's how.
  1. Decide where to buy Nisource stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Nisource stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your method of payment and add your details.
  4. Analyze Nisource stock: The Nisource ticker symbol is NI. Is Nisource stock a good investment? Should you buy shares of NI? How do NI's underlying business fundamentals look? Do top analysts think Nisource is a good buy? Why has NI's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if NI is a good stock to buy).
  5. Execute your NI purchase: Decide if you will purchase NI shares at the current market price or use a limit order to buy NI shares at a given price.
  6. Keep tabs on your NI position: Create a watchlist to monitor your position in Nisource stock.

Step 1: Decide where to buy Nisource stock

You need an online brokerage account in order to access the NYSE market and buy NI shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected the best brokerage, you need to fill out some personal info so you can invest in NI today.

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  2. Input your personal info to create a new brokerage account.
  1. Send your details by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have finished signing up on stock market app, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help depositing funds into your new investment account.

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Step 4: Analyze Nisource stock

After you have identified the best place to buy Nisource stock, it's important to analyze their stock prior to investing, so you can understand the risk as well as the upside.

Nisource shares quick numbers

NI Price
$28.17
1w %
-0.39%
1y %
3.72%
5y %
-2.02%
P/E
17.61x
P/B
1.6x
P/S
2.41x
PEG
2.72x
Revenue
$5.25B
Earnings
$686.80M
Fore. Rev. Growth
7.29%
Fore. Earn. Growth
7.2%
Market Cap
$12.63B
Next Earnings
Jul 31, 2024
Next Dividend
Aug 20, 2024

Nisource Overview

WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.

You can view all of the due diligence checks on NI's stock page.

Is NI stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge NI's true value.

Using relative valuations metrics:

  • NI may be overvalued based on its P/E ratio of 17.61x, relative to Utilities - Regulated Gas industry P/E ratio of 9.52x
  • NI may be undervalued based on its P/B ratio of 1.6x, relative to Utilities - Regulated Gas industry P/B ratio of 1.69x
  • NI may be overvalued based on its PEG ratio of 2.72x

You can access additional valuation research on NI's stock here.

NI Financial Health Overview

Passed Health Checks:

  • Total NI debt is lower than 5 years ago, relative to shareholder equity.
  • NI profit margin has gone up from 11% to 13.1% in the past year.

Failed Health Checks:

  • There are more short-term liabilities than short-term assets on the NI balance sheet.
  • NI has $140.50M in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.08B.
  • There are more long-term liabilities than short-term assets on the NI balance sheet.
  • NI has a relatively high debt to equity ratio of 2.48.
  • NI has cash burn of 1080900000. It does not have enough cash and short-term investments to cover this.

Is Nisource stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 Equities analysts who track NI, the consensus analyst rating on Nisource is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Nisource stock forecast page.

NI Trading Indicators

SMA10
28.47
SMA20
28.5
SMA50
28.21
SMA100
27.26
SMA200
26.65
MACD
-0.01
MACD Signal
0.06
MACD Histogram
-0.07
RSI
46.44
Stochastic %K
37.42
Stochastic %D
39.78
StochRSI %K
37.29
StochRSI %D
38.61

NI Growth Numbers

Last year, NI earnings were $686.80M. In the last four year, NI's earnings have gone up by 34.43% per year. This was faster than the Utilities - Regulated Gas industry average of 21.12%.

Last year, NI revenue was $5.25B. In the last five year, NI's revenue has increased by 0.05% per year. This was slower than the Utilities - Regulated Gas industry average of 9.94%.

Dive into NI's earnings and revenue performance here.

Who is buying/selling NI?

In the past 12 months, executives and large shareholders at NI have bought more shares than they have sold.

Melanie B. Berman, CHRO SVP Administration of NI, was the latest NI insider to sell. They sold $104,637.55 worth of NI shares on May 30, 2024.

Learn more about who owns NI stock here.

Can I rely on NI as an income stream?

Nisource pays a dividend of 3.66%, compared to the Utilities - Regulated Gas industry's average dividend yield of 3.87%. If you owned $1,000 of NI stock, you would have received $36.56 in the past 12 months.

Nisource dividend payments have consistently grown over the past decade but have not remained stable.

Get more info about Nisource dividend yield and history here.

What others are saying about NI

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your NI purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price, place a limit order.

Click the Open Trade button and your broker will place the order.

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Step 6: Keep tabs on your NI position

Now that you own some NI shares, you'll want to stay up-to-date on your new company.

Start a watchlist to track your NI stock.

NI Feed

How to Buy Stock in Nisource

To reiterate, here are the 6 steps you need to take to buy Nisource stock right now:

  1. Decide where to buy Nisource stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Analyze Nisource stock
  5. Execute your NI purchase
  6. Keep tabs on your NI position

If you are looking for a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Nisource, create a watchlist on WallStreetZen today.

NYSE: NI
$28.17-0.12 (-0.42%)
Updated Jun 14, 2024
Open eToro Account
NYSE: NI
$28.17-0.12 (-0.42%)
Updated Jun 14, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nisource share?

As of Jun 14, 2024, it costs $28.17 to buy one share of Nisource stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.355 shares of NI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nisource stock?

According to 3 Wall Street analysts who monitor Nisource, their consensus recommendation is to buy Nisource stock.

What is the best way to buy Nisource stock?

One way to place an order for Nisource stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.