NiSource Surges to 448th in Trading Volume with $181 Million in Shares Exchanged

Generated by AI AgentAinvest Market Brief
Wednesday, Mar 26, 2025 7:59 pm ET1min read

On March 26, 2025,

(NI) saw a significant increase in trading volume, with a total of $181 million in shares exchanged, marking a 40.53% rise from the previous day. This surge placed NiSource at the 448th position in terms of trading volume for the day. The stock price of NiSource also rose by 0.93%.

NiSource is considered a strong investment option within the utility sector due to its growth opportunities. The company's solid earnings growth prospects, increasing investments, and ability to enhance shareholder value make it an attractive choice for investors.

Analysts have expressed optimism about NiSource's future performance. Jim Cramer, a prominent financial commentator, has described NiSource as a reliable and consistent stock, recommending it as a strong buy. This endorsement adds to the positive sentiment surrounding the company.

Mizuho analyst Gabriel Moreen recently raised the price target for NiSource from $42 to $44, maintaining an Outperform rating. This adjustment reflects the analyst's confidence in the company's potential for growth and its ability to deliver value to shareholders.

NiSource announced a quarterly dividend on March 18th, with stockholders of record on April 30th set to receive a dividend of $0.28 per share. This dividend payout further underscores the company's commitment to returning value to its shareholders.

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