NiSource stock trades at 41.05 euros after plan extension

Published on 11/12/2026 at 03:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NiSource stock is in focus after the utility extended its long-term investment plan. Adjusted earnings guidance now covers 2027 through 2033.

NiSource extends its growth plan

NiSource extended its capital plan through 2033 and targets adjusted EPS growth of 10% to 11% from 2027 to 2033.
The utility expects 2027 adjusted EPS between USD 2.22 and USD 2.30.
New Microsoft-related agreements are expected to expand customer savings to USD 1.75 billion.

NiSource Inc., US65473P1057, Illustration mit AI erstellt.

NiSource stock traded at 41.05 euros on Lang & Schwarz at 11:00 p.m. CET on Wednesday, November 11, 2026. The utility's third-quarter announcement on October 28 set out a longer investment plan and new earnings targets.

Long-term targets move higher

According to NiSource's investor release, third-quarter GAAP net income available to common shareholders rose to USD 129.5 million from USD 94.7 million a year earlier. Adjusted net income increased to USD 130.9 million from USD 91.8 million, while adjusted earnings per share reached USD 0.27 compared with USD 0.19.

NiSource narrowed its 2026 adjusted EPS outlook to the upper half of the USD 2.02 to USD 2.07 range. It initiated 2027 guidance of USD 2.22 to USD 2.30 and extended its base-plan adjusted EPS growth target of 6% to 8% annually through 2033.

Investment plan supports expansion

The company plans USD 40.0 billion of consolidated capital spending from 2027 through 2033. The plan includes USD 32.0 billion for base investments and USD 8.0 billion for data center investments, with expected investment-base growth of 9% to 10%.

NiSource also raised its expected consolidated adjusted EPS compound annual growth rate to 10% to 11% for 2027 through 2033. Agreements involving Microsoft and its GenCo business are expected to generate approximately USD 1.75 billion in savings for existing customers.

NiSource serves regulated energy markets

NiSource is a fully regulated utility company in the United States. Through its Columbia Gas and NIPSCO brands, it serves approximately 3.3 million natural gas customers and 500,000 electric customers across six states.

The company distributes natural gas through Columbia Gas and provides gas and electric service in northern Indiana through NIPSCO. Its investment program is intended to strengthen infrastructure while supporting additional electricity demand from data centers.