What is the price target for NIMC stock?
21 analysts have analysed NIMC and the average price target is 117.79 USD. This implies a price increase of 18.16% is expected in the next year compared to the current price of 99.69.
NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) Forecast, Price Target & Analyst Ratings
NYSE:NIMC • US65473P1214
Current stock price
99.69 USD
-1.62 (-1.6%)
At close:
100.11 USD
+0.42 (+0.42%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NISOURCE INC - NI 7 3/4 03/01/24 (NIMC).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Feb 20, 2024
- Period
- Q4 / 2023
- EPS Estimate
- $0.59
- Revenue Estimate
- 1.613B
Price Target Details & History
Consensus Price Target and Range
Mean target
$117.79
Upside
+ 18.16%
From current price of $99.69 to mean target of $117.79, Based on 21 analyst forecasts
Low
$108.93
Median
$118.16
High
$134.22
Price Target Revisions
1 Month
-2.44%
3 Months
-0.46%
Price Target Summary
21 Wall Street analysts provided a forecast for the next 12 months for NIMC. The average price target is 117.79 USD. This implies a price increase of 18.16% is expected in the next year compared to the current price of 99.69.
The average price target has been revised downward by 0.46% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
85.71%
NIMC was analyzed by 21 analysts. The buy percentage consensus is at 86. So analysts seem to be very confident about NIMC.
In the previous month the buy percentage consensus was at a similar level.
NIMC was analyzed by 21 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2021-04-23 | Evercore ISI Group | Downgrade | Outperform -> In-Line |
| 2021-04-16 | Credit Suisse | Maintains | Outperform |
| 2021-03-22 | UBS | Upgrade | Neutral -> Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Feb 20, 2024
- Period
- Q4 / 2023
- EPS Estimate
- $0.59
- Revenue Estimate
- 1.613B
- Revenue Q2Q
- -5.37%
- EPS Q2Q
- 17.42%
- Number of Analysts
- 10
Next Earnings Revisions
Revenue (1 Month)
-0.98%
Revenue (3 Months)
-6.49%
EPS (1 Month)
3.77%
EPS (3 Months)
1.11%
Next Earnings Summary
NIMC is expected to report earnings on 2/20/2024. The consensus EPS estimate for the next earnings is 0.59 USD and the consensus revenue estimate is 1.61B USD.
The next earnings revenue estimate has been revised downward by 6.49% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates 2023 - 2028
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 4.682B -10.12% | 4.9B 4.65% | 5.851B 19.41% | 6.061B 3.60% | 6.375B 5.18% | 6.753B 5.93% | 7.077B 4.80% | 7.551B 6.70% | 8.11B 7.40% | |
| EBITDA YoY % growth | 1.687B -16.58% | 1.763B 4.49% | 1.982B 12.44% | 2.285B 15.26% | 2.554B 11.77% | 2.794B 9.40% | 3.138B 12.31% | 3.41B 8.67% | 3.955B 15.98% | |
| EBIT YoY % growth | 961.4M -26.34% | 1.015B 5.53% | 1.162B 14.49% | 1.382B 18.97% | 1.578B 14.18% | 1.742B 10.39% | 2.031B 16.59% | 2.234B 10.00% | 2.583B 15.62% | |
| Operating Margin | 20.54% | 20.71% | 19.85% | 22.80% | 24.75% | 25.80% | 28.70% | 29.59% | 31.85% | |
| EPS YoY % growth | 1.32 0.00% | 1.40 6.06% | 1.47 5.00% | 1.63 11.15% | 1.76 7.52% | 1.89 7.71% | 2.02 6.80% | 2.16 6.87% | 2.27 4.93% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.59 17.42% | 0.87 13.03% | 0.17 54.50% | 0.13 -29.53% | 0.56 -5.26% | 0.96 10.06% | 0.15 -9.09% | 0.13 | 0.58 3.70% |
| Revenue Q2Q % growth | 1.613B -5.37% | 2.128B 8.24% | 1.225B 12.39% | 1.273B 23.91% | 1.356B -15.93% | N/A | N/A | N/A | N/A |
| EBITDA Q2Q % growth | 705.14M -40.61% | 840.42M 13.89% | 492.9M -19.01% | 521.54M -40.98% | 844.68M 19.79% | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 458.89M 25.17% | 625.91M 17.87% | 251.2M 48.99% | N/A | N/A | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
8.78%
EPS Next 5 Year
8.00%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
6.80%
Revenue Next 5 Year
6.37%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
29.12%
EBIT Next 5 Year
21.31%
NISOURCE INC - NI 7 3/4 03/01/24 / NIMC Forecast FAQ
What is the next earnings date for NIMC stock?
NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) will report earnings on 2024-02-20, after the market close.
What are the consensus estimates for NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) next earnings?
The consensus EPS estimate for the next earnings of NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) is 0.59 USD and the consensus revenue estimate is 1.61B USD.
Can you provide the analyst count for NISOURCE INC - NI 7 3/4 03/01/24 stock?
The number of analysts covering NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) is 21.