Published on 1 Jun 2024 on Simply Wall St. via Yahoo Finance
Estimating The Fair Value Of NiSource Inc. (NYSE:NI)
Key Insights
The projected fair value for NiSource is US$31.95 based on Dividend Discount ModelNiSource's US$29.06 share price indicates it is trading at similar levels as its fair value estimate Analyst price target for NI is US$31.54 which is 1.3% below our fair value estimate
Does the June share price for NiSource Inc. (NYSE:NI) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the forecast future cash flows of the company and discounting them back to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine.