NI

NiSource Inc.
NYSEUSDEQUITY Utilities DELAYED
Last price
40.67
▲ 1.12 (2.83%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
40.25
Prev close
39.55
Day high
40.70
Day low
39.59
Volume
6.01M
Market cap
$19.50B
P/E (TTM)
21.63
52W range
38.42 – 49.21

Day trading desk

Current session · delayed
Gap from prior close
+1.77%
Prior close 39.55
VWAP
40.41
+0.64% from price
Relative volume
2.41×
Unusually busy
Session range
2.79%
39.59 – 40.69
Position in range
98%
Near session high
ATR (14D)
0.66
1.62% of price
Prior day high
39.84
PDH
Prior day low
39.27
PDL
Bid / ask spread
—
Quote not published
Session volume
13.30M
Avg 5.53M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+3.43% +1.5%
1M
-1.74% -2.9%
3M
-13.19% -17.7%
6M
-14.65% -32.8%
YTD
-2.61% -16.9%
1Y
-7.21% -23.6%
3Y
+64.79% -17.5%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on NI open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-43.04K
Net selling
Buy transactions
11
41.88K shares
Sell transactions
4
84.91K shares
Net transactions
+15
Buys less sells
Sell : buy shares
2.0 : 1
Mixed
Insider-held shares
1.66M
Total on file
Bought 41.88KSold 84.91K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 14, 26
BIRMINGHAM-BYRD MELODY
Officer
SELL 37.51K $1.59M Direct
May 22, 26
BERMAN MELANIE B
Officer
SELL 15.00K $715.20K Direct
May 21, 26
YATES LLOYD M
Chief Executive Officer
SELL 19.91K $950.07K Direct
May 20, 26
BIRMINGHAM-BYRD MELODY
Officer
SELL 12.50K $590.42K Direct
May 11, 26
HERSMAN DEBORAH A. P.
Director
STOCK 3.81K $179.04K Direct
May 11, 26
MCAVOY JOHN
Director
STOCK 3.81K $179.04K Direct
May 11, 26
BARBOUR SONDRA L
Director
STOCK 3.81K $179.04K Direct
May 11, 26
BUTLER ERIC L.
Director
STOCK 3.81K $179.04K Direct
May 11, 26
HENRETTA DEBORAH ANN
Director
STOCK 3.81K $179.04K Direct
May 11, 26
LEE CASSANDRA S
Director
STOCK 3.81K $179.04K Direct
May 11, 26
JOHNSON WILLIAM D
Director
STOCK 3.81K $179.04K Direct
May 11, 26
ALTABEF PETER A
Director
STOCK 3.81K $179.04K Direct
May 11, 26
JESANIS MICHAEL E
Director
STOCK 3.81K $179.04K Direct
May 11, 26
KABAT KEVIN T
Director
STOCK 3.81K $179.04K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
ALTABEF PETER A
Director 56.62K Stock Award(Grant)
ANDERSON SHAWN
Chief Financial Officer 165.91K Stock Award(Grant)
BIRMINGHAM-BYRD MELODY
Officer 78.53K Sale
BUTLER ERIC L.
Director 67.69K Stock Award(Grant)
CUCCIA KIMBERLY S
General Counsel 66.59K Stock Award(Grant)
HENRETTA DEBORAH ANN
Director 77.15K Stock Award(Grant)
JEFFERSON WILLIAM JR.
Chief Operating Officer 98.38K Stock Award(Grant)
KABAT KEVIN T
Director 66.45K Stock Award(Grant)
LUHRS MICHAEL
Officer 120.18K Stock Award(Grant)
YATES LLOYD M
Chief Executive Officer 519.56K Sale

Fundamentals

TTM · reported
Market cap$19.50B
Enterprise value$39.20B
Revenue (TTM)$6.88B
Gross profit$3.51B
EBITDA$3.03B
Net income$906.00M
EPS (TTM)$1.88
Free cash flow$-1.77B
Total cash$70.00M
Total debt$17.44B
Book value / share$19.97
Shares outstanding479.56M
Float477.73M
Short % of float3.94%
Dividend yield3.03%
Beta (5Y)0.55

Valuation & profitability ratios

Account required
Trailing P/E21.63
Forward P/E18.07
PEG ratio2.03
Price / sales—
Price / book2.04
EV / revenue5.70
EV / EBITDA12.95
Gross margin50.97%
Operating margin17.16%
Profit margin13.15%
Return on equity8.55%
Return on assets3.24%
Debt / equity146.65
Current ratio0.50
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 6 quarters
Blank means not reported, not zero
Line item20252024202320222021YoY
Total revenue $6.64B$5.46B$5.51B$5.85B— +21.8%
Operating revenue $6.52B$5.28B$5.35B$5.74B— +23.5%
Cost of revenue $3.29B$2.65B$3.03B$3.60B— +24.4%
Gross profit $3.35B$2.81B$2.48B$2.25B— +19.2%
Selling, general & admin —$13.50M$24.00M-$27.60M-$35.50M —
Total operating expense $1.52B$1.34B$1.18B$1.09B— +12.8%
Operating income $1.83B$1.46B$1.30B$1.16B— +25.1%
Net interest income -$628.80M-$506.80M-$480.60M-$357.30M— -24.1%
Pre-tax income $1.22B$1.00B$813.90M$956.40M— +21.3%
Tax provision $203.80M$158.10M$139.50M$164.60M— +28.9%
Net income $929.50M$760.40M$714.30M$804.10M— +22.2%
Net income to common $926.90M$738.10M$661.10M$749.00M— +25.6%
Basic EPS 1.961.631.591.84— +20.2%
Diluted EPS 1.951.621.481.70— +20.4%
EBIT $1.88B$1.53B$1.32B$1.33B— +23.1%
EBITDA $3.05B$2.57B$2.22B$2.15B— +18.6%
Basic shares 472.90M454.20M416.10M407.10M— +4.1%
Diluted shares 474.50M456.00M447.90M442.70M— +4.1%

Options analytics

Account required
Put / call volume
0.27
Call-heavy session
Put / call open interest
0.14
Positioning, not flow
Max pain
40.00
-1.6% from spot
ATM implied vol
32.8%
Nearest strike to spot
Skew (10% OTM)
+33.6%
Puts bid over calls
Call volume
48
Contracts, this expiry
Put volume
13
Contracts, this expiry
Heaviest call OI
45.00
950 contracts
Heaviest put OI
40.00
153 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.160.16 +1.5%
Mar 2026 1.051.06 +1.4%
Dec 2025 0.500.51 +2.9%
Sep 2025 0.200.19 -3.2%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.22 7 $1.39B +9.8%
Next quarter 0.62 7 $2.00B +5.9%
Current year 2.05 14 $7.27B +10.0%
Next year 2.25 16 $7.65B +5.2%

Analyst targets & ownership

Account required
Mean target$49.13
High target$55.00
Low target$43.00
Implied upside20.81%
Analyst count15
ConsensusBUY
Strong buy / Buy4 / 9
Hold3
Sell / Strong sell0 / 0
Held by insiders0.35%
Held by institutions98.13%
Institutions holding1.23K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
39.44
+3.13% from price
SMA 20
40.15
+1.29% from price
SMA 50
41.44
-1.85% from price
SMA 100
44.14
-7.87% from price
SMA 200
44.83
-9.29% from price
EMA 12
39.82
+2.13% from price
EMA 26
40.39
+0.70% from price
EMA 50
41.52
-2.05% from price
RSI (14)
52.5
Neutral
MACD (12,26,9)
-0.57
Hist 0.14
ATR (14)
0.66
1.62% of price
Realised vol 30D
15.3%
Annualised
Bollinger upper
41.88
20, 2σ
Bollinger lower
38.43
20, 2σ
50 / 200 cross
Death
41.44 vs 44.83
Trend bias
Below 200
-9.29%

Options chain

Account required
Expiry
Spot 40.67
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.17
Less volatile than market
Correlation to SPY
0.13
Largely independent
Realised vol 30D
15.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-20.5%
Peak to trough
Max drawdown 5Y
-28.6%
Peak to trough
ATR 14
0.66
1.62% of price
Beta (reported)
0.55
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
14.72M
Prior 13.39M
Change vs prior
+10.0%
Shorts adding
% of float
3.94%
Normal
% of shares out
3.07%
Against total outstanding
Days to cover
2.9
Liquid
Float
477.73M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

161 on file
DateFirm ActionFromTo
Sep 29, 26 Scotiabank INITIATED — Sector Perform
Sep 28, 26 BMO Capital MAINTAINED Outperform Outperform
Aug 26, 26 Mizuho MAINTAINED Outperform Outperform
Aug 17, 26 Ladenburg Thalmann MAINTAINED Buy Buy
Aug 7, 26 Barclays MAINTAINED Overweight Overweight
Jul 23, 26 Keybanc MAINTAINED Overweight Overweight
Jul 20, 26 Barclays MAINTAINED Overweight Overweight
Jul 17, 26 BMO Capital MAINTAINED Outperform Outperform
Jul 2, 26 RBC Capital INITIATED — Outperform
May 11, 26 Citigroup MAINTAINED Neutral Neutral
May 7, 26 Wells Fargo MAINTAINED Overweight Overweight
Apr 17, 26 Barclays MAINTAINED Overweight Overweight

Dividends & splits

Declared · from the issuer
Forward rate$1.20 / yr
Forward yield3.03%
5-year avg yield3.08%
Payout ratio61.70%
Ex-dividend dateOct 30, 2026
Next pay dateNov 20, 2026
Last split2545:1000
Split dateJul 2, 2015

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.