LON:NG

National Grid Share Forecast, Price & News

GBX 918.60

+4.60 (+0.50 %)

(As of 06/11/2021 12:00 AM ET)

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Today's Range

914.40

▼

921.81

50-Day Range

863.50

▼

960.60

52-Week Range

805.40

▼

998.80

Volume3.73 million shs

Average Volume1.56 million shs

Market Capitalization£32.66 billion

P/E Ratio19.84

Dividend Yield5.38%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About National Grid

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.

National Grid (LON:NG) Rating Reiterated by Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell
June 12, 2021 | americanbankingnews.com

Government takeover of Luzon grid pushed
June 11, 2021 | msn.com

NGCP: Power bills to rise if DoE enforces rules on full reserves
June 10, 2021 | msn.com

UK competition watchdog probing National Grid's $11 bln WPD deal
June 10, 2021 | nasdaq.com

National Grid plc (LON:NG) Receives Average Rating of "Buy" from Analysts
June 8, 2021 | americanbankingnews.com

National Grid (LON:NG) Given a GBX 1,035 Price Target at UBS Group
June 7, 2021 | americanbankingnews.com

Moody's downgrades National Grid's two utilities in downstate New York
June 4, 2021 | lse.co.uk

Cusi says some people 'dramatizing' rotational brownouts
June 4, 2021 | msn.com

DoE says grid red alerts still possible if power plant outages continue
June 4, 2021 | msn.com

Federal judge allows negligence lawsuits tied to Newport Gas Outage to proceed
June 4, 2021 | msn.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange LON
Industry Diversified Utilities
Sub-IndustryN/A
SectorUtilities
Current SymbolLON:NG
Previous SymbolLON:NG/
CUSIPN/A
CIKN/A
Webwww2.nationalgrid.com
Phone+44-20-70043220
Employees23,069
Year FoundedN/A

Sales & Book Value

Annual Sales£14.78 billion
Price / Sales2.21
Cash FlowGBX 70.90 per share
Price / Cash Flow12.96
Book ValueGBX 561.50 per share
Price / Book1.64

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares3,555,360,000
Market Cap£32.66 billion
Next Earnings DateN/A
OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.07 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
National Grid has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 12 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 1,026.77, National Grid has a forecasted upside of 11.8% from its current price of GBX 918.60.
Amount of Analyst Coverage
National Grid has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
National Grid has received 838 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
National Grid has received 947 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
National Grid has received 53.05% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about National Grid and other stocks. Vote “Outperform” if you believe NG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NG will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
National Grid is a leading dividend payer. It pays a dividend yield of 5.38%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
National Grid does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of National Grid is 105.83%. Payout ratios above 75% are not desirable because they may not be sustainable.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, National Grid insiders have bought more of their company's stock than they have sold. Specifically, they have bought £455.46 in company stock and sold GBX 0 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of National Grid is 19.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 29.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Grid is 19.84, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.77.
Price to Book Value per Share Ratio
National Grid has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

National Grid (LON:NG) Frequently Asked Questions

Is National Grid a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for National Grid in the last year. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" National Grid stock.
View analyst ratings for National Grid or view top-rated stocks.

What stocks does MarketBeat like better than National Grid?

Wall Street analysts have given National Grid a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but National Grid wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How has National Grid's stock been impacted by COVID-19 (Coronavirus)?

National Grid's stock was trading at GBX 925.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NG shares have decreased by 0.7% and is now trading at GBX 918.60.
View which stocks have been most impacted by COVID-19.

How often does National Grid pay dividends? What is the dividend yield for National Grid?

National Grid declared a dividend on Thursday, May 20th. Shareholders of record on Thursday, June 3rd will be paid a dividend of GBX 32.16 per share on Wednesday, August 18th. This represents a dividend yield of 3.46%. The ex-dividend date of this dividend is Thursday, June 3rd. This is a positive change from National Grid's previous dividend of GBX 17. The official announcement can be accessed at this link.
View National Grid's dividend history.

Is National Grid a good dividend stock?

National Grid pays an annual dividend of GBX 49 per share and currently has a dividend yield of 5.38%. NG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of National Grid is 105.83%. Payout ratios above 75% are not desirable because they may not be sustainable.
View National Grid's dividend history.

What price target have analysts set for NG?

13 brokers have issued 12 month target prices for National Grid's stock. Their forecasts range from GBX 930 to GBX 1,100. On average, they expect National Grid's share price to reach GBX 1,026.77 in the next year. This suggests a possible upside of 11.8% from the stock's current price.
View analysts' price targets for National Grid or view top-rated stocks among Wall Street analysts.

Who are National Grid's key executives?

National Grid's management team includes the following people:

Mr. John Pettigrew, CEO & Exec. Director (Age 52, Pay $2.33M)
Mr. Andrew J. Agg, CFO & Exec. Director (Age 51, Pay $1.26M)
Ms. Lucy Nicola Shaw CBE, B.A, MST CBE, Pres of UK Networks & Exec. Director (Age 52, Pay $1.12M)
Kwok Liu, Deputy Treasurer, Funding & Investment
Ms. Lisa M. Lambert, Sr. VP and Chief Technology & Innovation Officer (Age 53)
Ms. Adriana Karaboutis, Group Chief Information & Digital Officer (Age 58)
Mr. Nicholas James Ashworth C.F.A., CFA, Director of Investor Relations
Ms. Justine Campbell, Group Gen. Counsel & Company Sec. (Age 50)
Mr. Andy Doyle, Chief People & Culture Officer (Age 54)
Ms. Alison H. Kay, Interim Chief Strategy & External Affairs Officer (Age 57)

Who are some of National Grid's key competitors?

Some companies that are related to National Grid include SSE (SSE), Centrica (CNA), AFC Energy (AFC), Atlantic Power (ATP), Etrion (ETX), Maxim Power (MXG), ARHT Media (ART), Rurelec (RUR), Alaska Hydro (ALKHF), Onenergy (OEG), AusNet Services (AST), Genesis Energy (GNE), Infigen Energy (IFN), Mass Megawatts Wind Power (MMMW) and Syngas (SYS).
View all of NG's competitors.

What other stocks do shareholders of National Grid own?

Based on aggregate information from My MarketBeat watchlists, some companies that other National Grid investors own include National Grid (NGG), Centrica (CNA), Royal Dutch Shell (RDSB), Legal & General Group (LGEN), Lloyds Banking Group (LLOY), Barclays (BARC), Vodafone Group (VOD), GlaxoSmithKline (GSK), HSBC (HSBA) and BP (BP).

What is National Grid's stock symbol?

National Grid trades on the London Stock Exchange (LON) under the ticker symbol "NG."

How do I buy shares of National Grid?

Shares of NG 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.

What is National Grid's stock price today?

One share of NG stock can currently be purchased for approximately GBX 918.60.

How much money does National Grid make?

National Grid has a market capitalization of £32.66 billion and generates £14.78 billion in revenue each year.

How many employees does National Grid have?

National Grid employs 23,069 workers across the globe.

What is National Grid's official website?

The official website for National Grid is www2.nationalgrid.com.

Where are National Grid's headquarters?

National Grid is headquartered at 1-3 Strand, LONDON, WC2N 5EH, United Kingdom.

How can I contact National Grid?

National Grid's mailing address is 1-3 Strand, LONDON, WC2N 5EH, United Kingdom. The company can be reached via phone at +44-20-70043220.

This page was last updated on 6/12/2021 by MarketBeat.com Staff

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