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LON:NG.L

National Grid (NG.L) Share Price, News & Analysis

Today's Range
N/A
50-Day Range
N/A
52-Week Range
N/A
Volume
8.45 million shs
Average Volume
N/A
Market Capitalization
£45.42 billion
P/E Ratio
29.17
Dividend Yield
4.15%
Price Target
N/A
NG.L stock logo

About National Grid Stock (LON:NG.L)

National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,236 kilometers of overhead lines. The UK Gas Transmission segment owns and operates gas transmission systems, as well as third-party independent systems and liquefied natural gas (LNG) storage facilities. The US Regulated segments owns and operates transmission facilities across upstate New York, Massachusetts, New Hampshire, Rhode Island, and Vermont; and electricity distribution networks in upstate New York, Massachusetts, and Rhode Island. Its assets comprise 14,439 kilometers of overhead lines; an electricity distribution network of approximately 117,498 circuit miles; and a network of approximately 57,551 kilometers of gas pipeline. The NGV and Other segment engages in the energy metering business; transporting renewable energy long distances through its electricity interconnectors; and storing LNG, as well as commercial property and insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

NG.L Stock News Headlines

Who are Nvidia’s Silent Partners?
Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.
National Grid plc (NGG)
Who are Nvidia’s Silent Partners?
Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.
National Grid PLC
National Grid falls Monday, underperforms market
National Grid Says Continues To Perform In Line With Its Expectations
Collapsing grid
See More Headlines
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Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
23,683
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£15.66 billion
Book Value
GBX 577.80 per share

Miscellaneous

Outstanding Shares
3,646,599,936
Free Float
N/A
Market Cap
£45.42 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. John Pettigrew (Age 53)
    CEO & Exec. Director
    Comp: $2.45M
  • Mr. Andrew J. Agg (Age 52)
    CFO & Exec. Director
    Comp: $1.4M
  • Ms. Lisa M. Lambert (Age 54)
    Sr. VP and Chief Technology & Innovation Officer
  • Ms. Adriana Karaboutis (Age 59)
    Group Chief Information & Digital Officer
  • Mr. Nicholas James Ashworth C.F.A.
    Director of Investor Relations
  • Ms. Justine Campbell (Age 51)
    Group Gen. Counsel & Company Sec.
  • Ms. Claire Jenkins
    Interim Chief People & Culture Officer
  • Mr. Kenneth D. Daly
    Chief Operating Officer for U.S. Electricity Bus.es
  • Ms. Megan Barnes
    Head of Company Secretariat
  • Mr. Ross Turrini
    Chief Gas Engineer and Sr. VP of US Gas Engineering & Process

Should I Buy National Grid Stock? NG.L Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in National Grid plc:

  • Stable Dividend Yield: National Grid plc has a history of providing stable dividend yields to its investors, offering a reliable income stream.
  • Strong Market Position: The company holds a strong market position in the utilities sector, providing essential services that are in constant demand.
  • Resilience to Economic Downturns: Utilities like National Grid plc tend to be less affected by economic downturns, providing a defensive investment option.
  • Investment in Renewable Energy: National Grid plc has been actively investing in renewable energy projects, positioning itself well for the transition to a greener economy.
  • Current Stock Price: The current stock price of National Grid plc presents a favorable entry point for investors looking to capitalize on potential future growth.

Cons

Investors should be bearish about investing in National Grid plc for these reasons:

  • Regulatory Risks: The utility sector is subject to regulatory changes that could impact National Grid plc's operations and profitability.
  • Interest Rate Sensitivity: Utilities are sensitive to changes in interest rates, which could affect National Grid plc's borrowing costs and financial performance.
  • Slow Growth Potential: As a mature company in a regulated industry, National Grid plc may have limited growth opportunities compared to other sectors.
  • Dependency on Infrastructure: National Grid plc's business heavily relies on maintaining and expanding its infrastructure, which could require significant capital investments.
  • Environmental Concerns: Despite investments in renewable energy, National Grid plc may still face scrutiny over its environmental impact and sustainability practices.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, June 11, 2024. Please send any questions or comments about these National Grid pros and cons to contact@marketbeat.com.

NG.L Stock Analysis - Frequently Asked Questions

Is National Grid a good dividend stock?

National Grid (LON:NG.L) pays an annual dividend of GBX 49 per share and currently has a dividend yield of 4.15%. NG.L has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 115.57%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NG.L.

How do I buy shares of National Grid?

Shares of NG.L stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:NG.L) was last updated on 6/23/2024 by MarketBeat.com Staff

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