National Grid (NGG) to Release Quarterly Earnings on Thursday

National Grid (NYSE:NGG - Get Free Report) is expected to issue its H2 2025 quarterly earnings data before the market opens on Thursday, May 29th. Analysts expect the company to announce earnings of $2.82 per share and revenue of $16.34 billion for the quarter.

National Grid Price Performance

Shares of NGG stock traded down $1.96 on Wednesday, reaching $72.74. 1,089,675 shares of the company were exchanged, compared to its average volume of 738,818. National Grid has a 1 year low of $54.24 and a 1 year high of $74.82. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.54 and a current ratio of 1.61. The business has a 50-day moving average price of $69.55 and a 200 day moving average price of $63.99. The company has a market cap of $71.17 billion, a price-to-earnings ratio of 13.99, a P/E/G ratio of 5.64 and a beta of 0.63.

National Grid Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, July 28th. Investors of record on Friday, May 30th will be issued a $2.0345 dividend. This represents a yield of 4.7%. The ex-dividend date of this dividend is Friday, May 30th. National Grid's payout ratio is 78.08%.

Institutional Investors Weigh In On National Grid

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC purchased a new stake in National Grid in the 1st quarter valued at $490,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of National Grid by 79.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,966 shares of the utilities provider's stock valued at $2,360,000 after acquiring an additional 15,873 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of National Grid by 12.5% in the first quarter. NewEdge Advisors LLC now owns 8,767 shares of the utilities provider's stock valued at $575,000 after purchasing an additional 971 shares during the period. Finally, Focus Partners Wealth grew its holdings in shares of National Grid by 11.1% in the first quarter. Focus Partners Wealth now owns 10,375 shares of the utilities provider's stock valued at $681,000 after purchasing an additional 1,036 shares during the period. Institutional investors and hedge funds own 4.68% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NGG. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of National Grid in a research report on Wednesday, May 21st. Royal Bank of Canada lowered National Grid from an "outperform" rating to a "sector perform" rating in a report on Wednesday. Wall Street Zen cut shares of National Grid from a "hold" rating to a "sell" rating in a research note on Friday, May 16th. Barclays reiterated an "overweight" rating on shares of National Grid in a research report on Friday, May 16th. Finally, Sanford C. Bernstein raised shares of National Grid from a "market perform" rating to an "outperform" rating in a research note on Monday, March 17th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold".

About National Grid

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.