Scotiabank sets USD 43.00 target for NiSource stock

Published on 10/06/2026 at 14:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Scotiabank forecasts USD 2.03 earnings per share for fiscal 2026. NiSource stock costs EUR 35.34 on October 6, 2026 versus EUR 35.24.

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NiSource stock (ISIN US65473P1057) was trading at EUR 35.34 at Lang & Schwarz on October 6, 2026 at 2:45 p.m. CEST, while Scotiabank set a USD 43.00 target in a note dated October 1, 2026. The estimate places the bank's fiscal 2026 earnings-per-share forecast at USD 2.03, versus consensus of USD 2.05, giving the utility a measured analyst backdrop rather than a broad forecast reset.

Scotiabank keeps a measured view

According to MarketBeat on October 5, 2026, Scotiabank maintained a Sector Perform rating and the USD 43.00 target after issuing its fiscal 2026 estimate. The USD 2.03 forecast sits USD 0.02 below the USD 2.05 consensus cited in the same report, a narrow gap that points to limited disagreement over the year's earnings outlook.

The target picture is not uniformly constructive. As Investing.com reported on September 28, 2026, BMO Capital lowered its target from USD 49.00 to USD 45.00 while keeping an Outperform rating. BMO cited regulatory attention in Indiana, including investigations involving the Indiana Utility Regulatory Commission.

Second-quarter profit fell sharply

NiSource's latest reported quarter ended June 30, 2026. The company reported GAAP net income available to common shareholders of USD 45.5 million, or USD 0.09 in diluted earnings per share, compared with USD 102.2 million and USD 0.22 in the second quarter of 2025, according to Business Wire. The comparison makes earnings quality the central counterweight to the analyst targets, even as fiscal 2026 adjusted earnings guidance remained USD 2.02 to USD 2.07 per share.

Dividend adds a dated income signal

NiSource declared a quarterly dividend of USD 0.30 per share, payable November 20, 2026, to shareholders of record on October 30, 2026. The payout equals USD 1.20 on an annualized basis and a 3.00 percent yield, according to MarketBeat.

Stock stays near its yearly low

NiSource has a USD 38.42 to USD 49.21 52-week range and a USD 19.0 billion market capitalization as of October 5, 2026. The Lang & Schwarz quote therefore sits above the primary-exchange 52-week low in the latest market snapshot, while the analyst targets remain above the current US-dollar quotation.

NiSource was trading at EUR 35.34 at Lang & Schwarz on October 6, 2026 at 2:45 p.m. CEST, up 0.28 percent versus the prior close of EUR 35.24 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of NiSource stock.