- NiSource reported 1Q earnings per share (EPS) at 77c.
- The company’s adjusted net operating EPS increased to 85c from 77c year-over-year, beating the estimate of 83c.
- NiSource continues to expect its adjusted net operating EPS for the year to be between $1.70 and $1.74, aligning with the estimated forecast of $1.72.
- The company reaffirm its annual adjusted EPS growth of 6-8% for the years 2023-2028.
- The firm is favored by analysts with 12 buys, 1 hold, and 0 sells.
A look at Nisource Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
As per the Smartkarma Smart Scores, Nisource Inc shows a promising long-term outlook based on its strong performance across various key factors. With a high Growth score of 5, the company is well-positioned for future expansion and development in the energy sector. Complementing this, its Dividend score of 4 reflects a stable and attractive dividend payout to investors, indicating solid financial health and potential returns.
While Nisource Inc may face some challenges in terms of Resilience with a score of 2, its overall Momentum score of 4 suggests positive market momentum and investor interest. Coupled with a Value score of 3, indicating a reasonable valuation, Nisource Inc stands as a solid contender in the energy market, showcasing a balanced outlook for investors seeking growth and stability in their portfolios.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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