National Grid (NGG) Projected to Post Earnings on Thursday

National Grid (NYSE:NGG - Get Free Report) will likely be posting its H2 2025 quarterly earnings results before the market opens on Thursday, May 29th. Analysts expect National Grid to post earnings of $2.82 per share and revenue of $16.34 billion for the quarter.

National Grid Stock Down 1.6%

NGG traded down $1.17 on Friday, reaching $71.40. The company's stock had a trading volume of 785,260 shares, compared to its average volume of 737,156. The company has a market capitalization of $69.86 billion, a price-to-earnings ratio of 13.73, a P/E/G ratio of 5.64 and a beta of 0.63. National Grid has a fifty-two week low of $54.24 and a fifty-two week high of $74.82. The company has a quick ratio of 1.54, a current ratio of 1.61 and a debt-to-equity ratio of 1.18. The stock has a 50 day moving average of $69.91 and a two-hundred day moving average of $64.10.

National Grid Cuts Dividend

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

Analyst Ratings Changes

Several research firms have issued reports on NGG. BNP Paribas upgraded National Grid from an "outperform" rating to a "strong-buy" rating in a research report on Thursday. Sanford C. Bernstein upgraded National Grid from a "market perform" rating to an "outperform" rating in a report on Monday, March 17th. Royal Bank of Canada lowered shares of National Grid from an "outperform" rating to a "sector perform" rating in a report on Wednesday. UBS Group downgraded National Grid from a "buy" rating to a "neutral" rating in a research report on Tuesday, April 29th. Finally, Barclays reiterated an "overweight" rating on shares of National Grid in a report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, National Grid presently has a consensus rating of "Moderate Buy" and an average price target of $80.40.

Institutional Trading of National Grid

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

National Grid Company Profile

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.