NiSource (NI) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.16
- Estimate
- $0.16
- Surprise
- +1.5%
- Revenue (period 2026-06-30)
- $1.29B
- Score at report (before → after)
- 5.3 → 5.4/10
Revenue source: xbrl.
How the report landed
NiSource (NI) reported diluted EPS of $0.16, in line with the $0.16 estimate. TrendMatrix's engine moved from Buy (Wait) (5.3/10) to Sell at 5.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates NI Sell at 4.5/10.
2 of the last 4 quarters beat the estimate; this quarter's +1.5% surprise compares with a +0.6% four-quarter average. Next scheduled report: 2026-10-28.
What supports the rating
- Sector modifier (Utilities): +1.0
What argues against it
- Thin upside margin: 4.7%
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.3)
- Leverage penalty (D/E 1.5): -0.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $41.41
- Price target
- $43.38
- Stop
- $40.17
- Upside to target
- +4.8%
- Reward-to-risk
- 0.9:1
The stock trades at 22.0× trailing but 18.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
NI at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Regulated Gas
- Market cap
- $19.86B
- P/E (fwd)
- 18.4
- P/E (ttm)
- 22.0
- 52-week range
- $39.30–$49.21
- Off 52-week high
- 15.9%
- RSI (14)
- 60
- Volume vs avg
- 0.71×
- Score today
- 4.5/10