LON:NGNational Grid Share Price, Forecast & News

GBX 961.20

+23.00 (+2.45 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

929.20

Now: GBX 961.20▼

961.20

50-Day Range

880.60

MA: GBX 919.18▼

947.20

52-Week Range

8.90

Now: GBX 961.20▼

1,073.80

Volume6.43 million shs

Average Volume10.85 million shs

Market Capitalization£33.74 billion

P/E Ratio22.35

Dividend Yield5.17%

BetaN/A

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 and Other Activities segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,200 kilometers of overhead lines; 1,560 kilometers of underground cables; and 346 substations in England and Wales, as well as Scottish electricity transmission systems. The UK Gas Transmission segment owns and operates gas transmission systems that include approximately 7,660 kilometers of high-pressure pipes and 24 compressor stations connecting 8 distribution networks in Great Britain, as well as other 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. This segment's assets comprise 14,293 kilometers of overhead lines; 168 kilometers of underground cables; 387 transmission substations; and 740 distribution substations. It also engages in owning and operating gas distribution networks in upstate New York, New York City, Long Island, Massachusetts, and Rhode Island. The National Grid Ventures and Other Activities segment engages in the commercial operations in metering, LNG importation terminal, and electricity interconnectors businesses, as well as property development and insurance activities in the United Kingdom and United States. The company was founded in 1990 and is headquartered in London, the United Kingdom.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
National Grid has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 9 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 994.85, National Grid has a potential upside of 3.5% from its current price of GBX 961.20.
Amount of Analyst Coverage
National Grid has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
National Grid has received 789 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
National Grid has received 935 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
National Grid has received 54.23% “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 5.17%, 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 111.63 %. Payout ratios above 75% are not desirable because they may not be sustainable.

3.0 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 £294.69 in company stock and sold GBX 0 in company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for National Grid are expected to decrease by -100.00% in the coming year, from GBX 5,847 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of National Grid is 22.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Grid is 22.35, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 29.39.
Price to Book Value per Share Ratio
National Grid has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.98 out of 5 stars

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

Debt

Debt-to-Equity Ratio172.43

Current Ratio0.70

Quick Ratio0.64

Price-To-Earnings

Trailing P/E Ratio22.35

Forward P/E Ratio0.16

P/E GrowthN/A

Sales & Book Value

Annual Sales£14.87 billion

Price / Sales2.27

Cash FlowGBX 108.09 per share

Price / Cash Flow8.89

Book ValueGBX 553.80 per share

Price / Book1.74

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees23,023

Outstanding Shares3,509,819,904

Market Cap£33.74 billion

Next Earnings Date6/18/2020 (Estimated)

OptionableOptionable

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National Grid (LON:NG) Frequently Asked Questions

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 Coronavirus reached pandemic status according to the World Health Organization. Since then, NG stock has increased by 3.9% and is now trading at GBX 961.20. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of National Grid?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Grid in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for National Grid.

When is National Grid's next earnings date?

National Grid is scheduled to release its next quarterly earnings announcement on Thursday, June 18th 2020. View our earnings forecast for National Grid.

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

National Grid declared a dividend on Thursday, November 14th. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 16.57 per share on Wednesday, January 15th. This represents a yield of 1.85%. The ex-dividend date is Thursday, November 28th. The official announcement can be viewed at this link. View National Grid's dividend history.

What price target have analysts set for NG?

14 brokers have issued 1 year target prices for National Grid's stock. Their forecasts range from GBX 910 to GBX 1,080. On average, they anticipate National Grid's stock price to reach GBX 994.85 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for National Grid.

Has National Grid been receiving favorable news coverage?

Media stories about NG stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. National Grid earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutNational Grid.

Who are some of National Grid's key competitors?

Some companies that are related to National Grid include SSE (SSE), Ausnet Services (AST), Genesis Energy (GNE), Centrica (CNA), Infigen Energy (IFN), Atlantic Power (ATP), AFC Energy (AFC), Maxim Power (MXG), Etrion (ETX), ARHT Media (ART), Rurelec (RUR), Onenergy (OEG), Alaska Hydro (ALKHF), Mass Megawatts Windpower (MMMW) and Syngas (SYS). View all 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), Taylor Wimpey (TW), BP (BP) and CENTRICA PLC/S (CPYYY).

Who are National Grid's key executives?

National Grid's management team includes the following people:

Mr. John Pettigrew, CEO & Exec. Director (Age 50)
Mr. Dean L. Seavers, Exec. Director of US & Exec. Director (Age 58)
Ms. Lucy Nicola Shaw, Exec. Director of UK & Exec. Director (Age 50)
Mr. Andrew J. Agg, CFO & Exec. Director
Ms. Lisa M. Lambert, Sr. VP and Chief Technology & Innovation Officer

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.

What is National Grid's stock price today?

One share of NG stock can currently be purchased for approximately GBX 961.20.

How big of a company is National Grid?

National Grid has a market capitalization of £33.74 billion and generates £14.87 billion in revenue each year. National Grid employs 23,023 workers across the globe.

What is National Grid's official website?

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

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 6/3/2020 by MarketBeat.com Staff