Thursday, February 27, 2025

NiSource’s (NI) Clean Energy Goals & CAPEX Plans Bode Well – November 22, 2021

NiSource Inc.’s (NI Quick QuoteNIFree Report) focus on strengthening its existing infrastructure and efforts to increase the production of clean energy are likely to boost its performance. Its strong liquidity position is a boon too.The Zacks Consensus Estimate for current-quarter earnings is pegged at 38 cents per share, indicating growth of 11.76% from the year-ago period’s reported figure. The consensus mark for current-quarter revenues stands at $1.47 billion, suggesting 21.01% growth from the prior-year period’s reported number. NI’s long-term (three to five years) earnings growth is pegged at 6.66%.In the past three months, shares of this currently Zacks Rank #3 (Hold) NiSource have lost 0.4% compared with the industry‘s fall of 1.7%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Three Months’ Price…

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