NI
NiSource Inc. Utilities - Gas Investor Relations →
NiSource Inc. (NI) closed at $45.02 as of 2026-03-20, trading 45.1% above its 200-week moving average of $31.02. The stock is currently moving closer to the line, down from 53.2% last week. The 14-week RSI sits at 65, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.92 ratio) is neutral — neither side is clearly dominating.
Over the past 2721 weeks of data, NI has crossed below its 200-week moving average 36 times. On average, these episodes lasted 21 weeks. Historically, investors who bought NI at the start of these episodes saw an average one-year return of +9.3%.
With a market cap of $21.5 billion, NI is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 9.1%. The stock trades at 2.3x book value.
Share count has increased 16.1% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in NI would have grown to $3272, compared to $2683 for the S&P 500. That represents an annualized return of 11.1% vs 10.4% for the index — confirming NI as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NI Crosses Below the Line?
Across 15 historical episodes, buying NI when it crossed below its 200-week moving average produced an average return of +12.0% after 12 months (median +10.0%), compared to +10.2% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +30.1% vs +23.1% for the index.
Each line shows $100 invested at the moment NI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NI has crossed below its 200-week MA 36 times with an average 1-year return of +9.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Jun 1975 | 72 | 34.3% | -5.8% | +8189.3% |
| Jul 1975 | Nov 1975 | 15 | 14.1% | +5.2% | +8312.1% |
| Dec 1975 | Dec 1975 | 2 | 1.6% | +15.4% | +8250.3% |
| Mar 1976 | Mar 1976 | 1 | 1.2% | +6.6% | +8189.3% |
| May 1976 | Jun 1976 | 7 | 6.4% | +11.7% | +8189.3% |
| Apr 1978 | Jun 1978 | 8 | 3.4% | -10.9% | +8189.3% |
| Aug 1978 | Oct 1982 | 214 | 35.0% | -7.2% | +8070.0% |
| Oct 1982 | Nov 1982 | 1 | 6.9% | +26.6% | +11981.2% |
| Nov 1982 | Dec 1982 | 6 | 4.2% | +18.2% | +11371.1% |
| Jan 1983 | Feb 1983 | 2 | 0.3% | +14.1% | +11371.1% |
| Dec 1984 | Feb 1985 | 7 | 7.7% | -10.9% | +11532.5% |
| Apr 1985 | Jun 1985 | 7 | 4.8% | +4.9% | +11158.4% |
| Aug 1985 | Sep 1985 | 1 | 1.7% | +6.2% | +11046.6% |
| Sep 1985 | Mar 1986 | 26 | 19.9% | +3.9% | +11171.8% |
| Apr 1986 | May 1986 | 1 | 3.0% | N/A | +11002.7% |
| Jun 1986 | Jun 1986 | 1 | 0.3% | +8.9% | +10632.6% |
| Jul 1986 | Aug 1986 | 5 | 7.1% | +3.4% | +10876.5% |
| Sep 1986 | Oct 1986 | 5 | 7.3% | -5.6% | +10632.6% |
| Apr 1987 | May 1987 | 7 | 9.2% | +0.8% | +10876.5% |
| Jul 1987 | Mar 1988 | 37 | 22.8% | +2.3% | +10514.6% |
| Apr 1988 | May 1988 | 3 | 3.3% | +45.5% | +10920.8% |
| Oct 1999 | Aug 2000 | 45 | 38.3% | +27.8% | +1471.2% |
| Oct 2001 | Dec 2001 | 9 | 16.3% | -25.2% | +1222.5% |
| Jan 2002 | Mar 2002 | 7 | 12.6% | -2.3% | +1256.9% |
| Apr 2002 | Apr 2002 | 3 | 3.0% | -11.2% | +1242.3% |
| Jun 2002 | Jun 2003 | 53 | 28.5% | -7.3% | +1248.6% |
| Jul 2003 | Sep 2003 | 7 | 2.9% | +15.0% | +1325.7% |
| Apr 2004 | May 2004 | 4 | 0.7% | +20.3% | +1222.2% |
| Jul 2007 | Mar 2010 | 136 | 54.2% | -7.6% | +1113.6% |
| May 2010 | Jun 2010 | 3 | 3.7% | +44.3% | +1203.4% |
| Jun 2010 | Jul 2010 | 1 | 1.1% | +47.5% | +1218.5% |
| Mar 2020 | Apr 2020 | 3 | 14.3% | +16.8% | +162.4% |
| Apr 2020 | Apr 2021 | 49 | 10.8% | +10.1% | +125.2% |
| Sep 2021 | Sep 2021 | 2 | 0.2% | +24.0% | +117.6% |
| Oct 2022 | Oct 2022 | 3 | 1.8% | +4.0% | +106.4% |
| Oct 2023 | Oct 2023 | 1 | 0.3% | +46.3% | +98.4% |
| Average | 21 | — | +9.3% | — |
Frequently Asked Questions
Is NI below its 200-week moving average?
No. NiSource Inc. (NI) is currently 45.1% above its 200-week moving average of $31.02. It would need to fall to $31.02 to cross below the line.
What is NI's 200-week moving average price?
NiSource Inc.'s 200-week moving average is $31.02 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NI drops below its 200-week moving average?
NI has crossed below its 200-week moving average 36 times in our data. On average, buying at that moment produced a one-year return of +9.3%. These dips have historically been decent entry points. These episodes lasted 21 weeks on average.
Is NI a good value right now?
Here's what our data says about NI as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 65. Free cash flow is currently negative. Return on equity is 9.1%. Price-to-book is 2.3x. This is not a buy or sell recommendation — always do your own research.
How does NI compare to the S&P 500?
Over the past 33.2 years, $100 invested in NI would have grown to $3272, compared to $2683 for the S&P 500. That's 11.1% annualized vs 10.4% for the index. NI has outperformed the broader market over this period.
Does NI pay a dividend?
Yes. NiSource Inc. currently pays a dividend yield of 267.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20