NiSource Surges to 316th Most Traded Stock with $314 Million Turnover

On May 7, 2025, NiSource (NI) experienced a significant surge in trading volume, with a turnover of $314 million, marking a 48.91% increase from the previous day. This substantial rise in trading activity positioned NiSource as the 316th most traded stock of the day. The company's stock price also saw a notable increase, rising by 2.85% over the past four days, with a cumulative gain of 3.90%.

NiSource reported strong financial results for the first quarter of 2025, with GAAP net income reaching $474.8 million, or $1.00 per diluted share, compared to $344.3 million, or $0.77 per share, in the same period last year. The company's non-GAAP adjusted net income also showed impressive growth, reaching $462.3 million, or $0.98 per share, up from $382.8 million, or $0.85 per share, in Q1 2024. These results reflect NiSource's robust business fundamentals and its commitment to providing reliable energy services despite challenging market conditions.

NiSource reaffirmed its 2025 non-GAAP adjusted EPS guidance of $1.85-$1.89, maintaining its long-term growth projections. The company aims for an 8%-10% rate base growth and 6%-8% non-GAAP adjusted EPS growth annually from 2025 to 2029. This strategic outlook underscores NiSource's focus on sustainable growth and value creation for its investors and customers.

In addition to its financial performance, NiSource has been recognized for its sustainability efforts. The company has been included in the Dow Jones Sustainability Indices for the 11th consecutive year, highlighting its strong performance in environmental, social, and governance (ESG) categories. This recognition reflects NiSource's commitment to environmental stewardship and its mission to deliver safe, reliable energy while driving value for customers and supporting economic development in the communities it serves.

NiSource's leadership changes and strategic initiatives also contribute to its overall growth trajectory. The company recently announced a leadership transition in its Investor Relations department, with Shawn Anderson, Chief Financial Officer, temporarily overseeing the responsibilities. This transition is part of NiSource's ongoing efforts to maintain strong investor engagement and continue implementing its business strategy focused on driving growth and increasing value for both investors and customers.