NiSource Inc. is an energy holding company. The Company operates through two segments: Columbia Operations and NIPSCO Operations. Columbia Operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc, provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 37,200 miles of distribution main pipeline plus the associated individual customer service lines and 330 miles of transmission main pipeline. NIPSCO Operations segment NIPSCO Operations includes NIPSCO Holdings I and its subsidiaries, including NIPSCO, which has fully regulated gas and electric operations in northern Indiana. The Company has six renewable generation facilities in service: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, Dunns Bridge I Solar, Cavalry Solar and Storage and Dunns Bridge II Solar and Storage.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 20.65% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 6.64B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 65.44%.
Overvalued
The company’s latest PE is 23.62, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 474.69M shares, decreasing 3.26% quarter-over-quarter.
Held by Bill Nygren | OAKMX
Star Investor Bill Nygren | OAKMX holds 1.49K shares of this stock.