NiSource: Microsoft Data Center Deal Supports Earnings Growth Outlook
NiSource announced it signed a long-term agreement to supply energy to a previously announced large Microsoft data center in its northwest Indiana service territory.
NiSource announced it signed a long-term agreement to supply energy to a previously announced large Microsoft data center in its northwest Indiana service territory.
We expect the dividend to grow near 6% annually during the next few years even as NiSource executes its large capital investment plan.
Industrial customers account for half of NiSource's electric sales, higher than most utilities. Industrial sales are more sensitive to the economy than residential and commercial sales.
|
Metric
|
NI
|
CMS
|
WEC
|
|---|---|---|---|
Price/Earnings (Normalized) | 22.39 | 20.16 | 19.82 |
Price/Book Value | 2.15 | 2.24 | 2.50 |
Price/Sales | 2.99 | 2.37 | 3.51 |
Price/Cash Flow | 8.20 | 9.34 | 9.68 |
|
Metric
|
NI
|
CMS
|
WEC
|
|---|---|---|---|
Quick Ratio | 0.22 | 0.41 | 0.30 |
Current Ratio | 0.50 | 0.94 | 0.53 |
Interest Coverage | 2.45 | 2.31 | 2.99 |
|
Metric
|
NI
|
CMS
|
WEC
|
|---|---|---|---|
Return on Assets (Normalized) | 2.65% | 2.62% | 3.39% |
Return on Equity (Normalized) | 10.11% | 11.60% | 12.54% |
Return on Invested Capital (Normalized) | 5.72% | 5.80% | 7.12% |
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1-Day Chart
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