Somewhat Positive News Coverage Somewhat Unlikely to Impact NiSource (NI) Stock Price

Media stories about NiSource (NYSE:NI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NiSource earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.3200421501784 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

Shares of NiSource (NI) traded up $0.11 during midday trading on Monday, hitting $23.48. 3,910,000 shares of the stock traded hands, compared to its average volume of 3,580,000. NiSource has a 1-year low of $22.44 and a 1-year high of $27.76. The firm has a market capitalization of $7,910.00, a price-to-earnings ratio of 28.29, a price-to-earnings-growth ratio of 2.78 and a beta of 0.29. The company has a current ratio of 0.52, a quick ratio of 0.32 and a debt-to-equity ratio of 1.72.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 20th. Stockholders of record on Friday, February 9th will be given a $0.195 dividend. This is a positive change from NiSource’s previous quarterly dividend of $0.18. The ex-dividend date is Thursday, February 8th. This represents a $0.78 annualized dividend and a dividend yield of 3.32%. NiSource’s dividend payout ratio (DPR) is 93.98%.

Several analysts recently commented on NI shares. Zacks Investment Research upgraded shares of NiSource from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research report on Monday, January 22nd. Citigroup raised their price target on shares of NiSource from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Monday, November 20th. Goldman Sachs Group upgraded shares of NiSource from a “neutral” rating to a “buy” rating and set a $23.00 target price on the stock in a research report on Wednesday, January 10th. Edward Jones upgraded shares of NiSource from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th. Finally, Jefferies Group reiterated a “hold” rating and issued a $26.00 target price on shares of NiSource in a research report on Wednesday, December 20th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. NiSource presently has a consensus rating of “Buy” and an average price target of $27.14.

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NiSource Company Profile

NiSource Inc is an energy holding company. The Company is engaged in the distribution of natural gas. The Company operates through two business segments: Gas Distribution Operations and Electric Operations. The Company’s Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts.

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