NI

Stock Performance: ONEOK Inc. shares dropped 12.77% to $80.86 amid a broader market decline, with the S&P 500 and Dow Jones also experiencing significant losses.

Market Trends: This decline marks the second consecutive day of losses for ONEOK's stock, reflecting ongoing volatility in the trading session.

Company Overview: NiSource Inc., a large-cap energy holding company based in Indiana, provides natural gas to 2.4 million customers and electricity to 0.5 million customers, focusing on safety and infrastructure investment while maintaining a strong regulatory framework.

Stock Performance and Outlook: Despite a recent decline from its 52-week high, NI stock has shown significant growth over the past year, with analysts giving it a "Strong Buy" rating and a mean price target suggesting further upside potential.

Momentum Trade Unwind: The momentum trade has experienced a rapid decline, erasing two years of gains in just three weeks, primarily driven by a shift from high-growth to low-volatility stocks amid macroeconomic pressures.

Investment Strategy Shift: Investors are advised to pivot towards low-volatility and defensive sectors, while also being cautious of potential overheating risks in these areas, as the market adjusts to changing rate expectations and economic conditions.

Jim Cramer's Stock Opinions: Cramer expresses positive views on Resmed and NiSource, while he is cautious about Twilio, Alcoa, and Alphabet. He suggests starting a position in Reddit but advises waiting for a better price.

Investment Resources: The article promotes Jim Cramer's Guide to Investing for building long-term wealth and encourages signing up for the CNBC Investing Club to track his market moves.

Dividend Announcement: NiSource Inc. declared a quarterly common stock dividend of $0.28 per share, payable on May 20, 2025, to shareholders recorded by April 30, 2025.

Company Overview: NiSource is a major utility company in the U.S., serving around 3.3 million natural gas and 500,000 electric customers across six states, with a commitment to sustainability and community investment.

Leadership Transition: NiSource Inc. announced that Chris Turnure, Senior Director of Investor Relations, will leave the company on March 14 to pursue another opportunity, with CFO Shawn Anderson taking over his responsibilities during the search for a successor.

Company Overview: NiSource is a major utility provider in the U.S., serving approximately 3.3 million natural gas and 500,000 electric customers across six states, focusing on delivering reliable energy and maintaining strong investor relations.

Analyst Ranking Methodology: The ranking of the 500 components is based on averaging analyst opinions from various brokers.

Stock Performance: NiSource has experienced a year-to-date stock price increase of 5.2%.

Pre-Market Activity: The NASDAQ 100 Pre-Market Indicator is up 70.5 points, with significant trading volumes observed in stocks like Walgreens Boots Alliance and NVIDIA Corporation, both showing positive movements.

Stock Recommendations: Several companies including NVIDIA, Intuitive Machines, and Boston Scientific have received "buy" recommendations from Zacks, while others like Hewlett Packard Enterprise and BigBear.ai also show varied performance in pre-market trading.

Nisource Inc. Performance: Nisource Inc. (NI) has received an 88% rating from Validea's Twin Momentum Investor model, indicating strong interest based on its fundamental and price momentum in the Natural Gas Utilities industry.

Dashan Huang's Strategy: The model, developed by Dashan Huang, combines traditional price momentum with improving fundamentals, identifying key variables that lead to market outperformance when stocks rank in the top 20% based on these measures.

Analyst Ratings and Price Targets: Durgesh Chopra from Evercore ISI has maintained a Buy rating on Nisource with a price target of $43.00, while Jefferies also supports a Buy rating with a $44.00 target; the analyst consensus for Nisource is a Strong Buy with a target of $42.13.

Financial Performance: Nisource reported quarterly revenue of $1.08 billion and a net profit of $85.7 million for the quarter ending September 30, showing growth compared to last year's revenue of $1.03 billion and net profit of $85.1 million.

NASDAQ 100 Pre-Market Activity: The NASDAQ 100 is up 84.7 points, with significant trading volumes in various stocks, including Direxion Daily TSLA Bull 2X Shares and Robinhood Markets, which show notable price movements and trading activity.

Earnings Reports and Forecasts: Companies like Alibaba and Bloom Energy are preparing for upcoming earnings reports, with forecasts indicating substantial increases in earnings per share compared to the previous year, while other stocks like NVIDIA and Reddit have mixed recommendations from analysts.

Financial Performance: NiSource Inc. reported a net income of $739.7 million for 2024, an increase from $661.7 million in 2023, with adjusted earnings per share rising to $1.75 from $1.60 year-over-year.

Future Guidance: The company has raised its non-GAAP adjusted EPS guidance for 2025 to a range of $1.85-$1.89 and increased its capital expenditure plan to $19.4 billion, anticipating significant growth in rate base and adjusted EPS over the next few years.

Financial Performance: NiSource (NI) reported a non-GAAP EPS of $1.75 for 2024, reflecting an 8.5% compound annual growth rate over three years, highlighting strong financial growth and customer satisfaction.

Employee Appreciation: CEO Lloyd Yates expressed gratitude towards employees and suppliers for their contributions, which have created significant value for regulators, customers, shareholders, and stakeholders.

Financial Projections: The consensus for FY25 EPS is $1.86, with an increased capital expenditure plan of $19.4M, leading to expected rate base growth of 8%-10% and non-GAAP adjusted EPS growth of 6%-8% from 2025 to 2029.

Investment Insights: TipRanks offers a Smart Score tool to help investors identify top-performing stocks and compare their picks with recommendations from Wall Street analysts.

Earnings Report: NiSource reported a Q4 non-GAAP EPS of $0.49, missing expectations by $0.01, while raising its 2025 non-GAAP adjusted EPS guidance to $1.85-$1.89.

Capital Expenditure and Growth Outlook: The company increased its base capital expenditure plan to $19.4 billion, projecting 8%-10% rate base growth and reaffirming a 6%-8% annual non-GAAP adjusted EPS growth for the 2025-2029 period.

Company Overview and Performance: NiSource Inc., a regulated utility company with a market cap of $17.7 billion, has shown strong performance, with shares rising 51.2% over the past year, significantly outperforming the S&P 500 and the Utilities Select Sector SPDR Fund.

Earnings and Future Outlook: Following a positive Q3 earnings report, NiSource reaffirmed its EPS guidance for 2024 and projected continued growth through 2029, supported by substantial capital expenditures, while maintaining a "Strong Buy" rating from analysts.

Debt Issuance Trends: Companies are increasingly opting to pay more when selling debt to maintain their credit ratings and ensure future financial flexibility.

Hybrid Bonds Characteristics: Hybrid bonds, mainly issued by investment-grade energy and utility firms, offer higher interest rates due to their subordinated status and allow for deferred coupon payments.

Utilities Sector Performance: The Utilities Select Sector SPDR Fund (XLU) has risen 26% in the past year, driven by interest in companies supporting AI and data centers, with significant gains seen in major players like Vistra Corp and Constellation Energy. Investors are now advised to be more selective in choosing utility stocks that can adapt to increasing power demands and climate considerations.

Investment Strategies: Analysts suggest focusing on integrated utilities and midcap companies for better growth potential, with recommendations for names like Exelon, PPL Corp, and Evergy, which offer attractive dividend yields. The midcap space is highlighted as having less risk and greater upside potential, with specific mentions of NiSource and WEC Energy as promising options.

Conference Call Announcement: NiSource Inc. will host a conference call on February 12, 2025, at 11 a.m. ET to discuss its fourth quarter 2024 financial results and provide a business update, with results released before market opening that day.

Company Overview: NiSource is a major utility provider in the U.S., serving over 3.8 million customers across six states, and is recognized for its commitment to sustainability and diversity in the workplace.

Dividend Predictability: Dividend amounts are generally unpredictable and fluctuate based on a company's profitability, with NiSource Inc. serving as an example for assessing future dividend expectations.

Author's Perspective: The opinions expressed in the article reflect the author's views and may not represent those of Nasdaq, Inc.