Looking at top Wall Street opinions, NiSource Inc. (NYSE: NI) has recently made its way into the research list of Goldman – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Buy in the eyes of Goldman, whereas its previous rating was Neutral in the eyes of Goldman, as reported on Monday, April 8th, 2019. Another heavy-hitting research note was published by Guggenheim on Monday January 7th, 2019, with this firm upgrading NI to an updated rating of Buy from its previous rating of Neutral. In the past six months and three months of trading, shares of NiSource Inc. (NI) have moved by 13.51% and 7.95%, respectively.
Brokerage Updates Related to NiSource Inc. (NI) Stock
This publicly-traded organization generated losses of -0.11% over the last 5 sessions. Right now, this stock is the subject of 13 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 4 have given a rating of Buy or better. Based on the 13 stock market experts following this company, the average 12-month price target is $28.18. Moreover, individual price targets range between $27.00-$32.00. With its recent move to $29.00, we can see that these firms project this stock will gain by 18.81% in one year.
Updates from NiSource Inc. (NI) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.30% rise since the beginning of the calendar year. A EVP & Chief Financial Officer at NiSource Inc. (NI) sold off some of its shares in a transaction that was finalized on Nov 08. Similarly, Hightman Carrie J sold 27,000 shares of the organization’s stock at $26.75 apiece and racked up $722,334 in earnings from the sale. Now, Hightman Carrie J holds 316,619 shares of the company following the exchange. A EVP & Chief Financial Officer of the organization named Brown Donald Eugene, was engaged in a transaction that occurred on Aug 08 that managed to be worth $63,600 from the sale of 2,400 common shares at a price of $26.50 per individual share.
NiSource Inc. (NYSE:NI) Results in the Pipeline
The next scheduled release of financial results for NiSource Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.36. In the same vein, they expect sales for the quarter to amount to $1,415.04 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $1,461.70 million in revenue alongside EPS at $0.38. On average, the analyst projection was calling for $895.00 million with $0.10 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $1,007.00 million, with earnings per share ending up at $0.07.
MGIC Investment Corporation (NYSE:MTG) experienced a drop of -1.15% from the closing price in the previous trading day. That drove the price to $13.80 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 1,882,870 shares of stock – compared to the typical average of 2.45M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $15.85.
Pricing Indications for MGIC Investment Corporation (MTG)
This organization has had a price-to-earnings ratio of 7.74 in the last year. Meanwhile, it gained 13.18 from its observable 50-day simple moving average. Right at this moment, the per-share value is 12.75% higher than the mean per-share price over the last 200 days in the market.
MGIC Investment Corporation (NYSE:MTG) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 4 have a Buy rating, 5 have an outperform rating, while 2 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.10, based on information from Thomson Reuters.
MTG Stock Value Potential
In trading activity as of late, this stock’s value was 12.26 up from its 200 day moving average, while also 4.93% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $12.00-$18.00. The market value for the entire organization reached 4.89B. In the last trading session, the price ended the day at $13.96. The institutional holdings related to this organization account for 1.30%, and the Beta factor is now 1.80. This company’s RSI (Relative Strength Index) managed to hit 57.87.
MGIC Investment Corporation (NYSE:MTG) Analyst Points of Focus
MGIC Investment Corporation (MTG) has found itself inside of Compass Point’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to Buy, by Compass Point, as garnered from a news report on Monday October 22nd, 2018. An additional helpful research note was sent out by BofA/Merrill’s on Wednesday June 13th, 2018. The brokerage decided to downgrade MTG to Underperform from its previous rating of Neutral.