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LON:NG

National Grid (NG) Share Price, News & Analysis

GBX 872.80
-4.80 (-0.55%)
(As of 06/13/2024 ET)
Today's Range
866.16
882.80
50-Day Range
838.40
1,142.50
52-Week Range
889.40
1,145.50
Volume
15.35 million shs
Average Volume
N/A
Market Capitalization
£41.98 billion
P/E Ratio
1,454.67
Dividend Yield
6.76%
Price Target
GBX 1,251.67

National Grid MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.4% Upside
GBX 1,251.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.44
Upright™ Environmental Score
News Sentiment
1.26mentions of National Grid in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
£30,002 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.08 out of 5 stars

NG stock logo

About National Grid Stock (LON:NG)

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. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain, as well as sale of renewables projects. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

NG Stock Price History

NG Stock News Headlines

John Pettigrew Buys 17 Shares of National Grid plc (LON:NG) Stock
Are National Grid shares now a brilliant bargain?
Trending tickers: Nvidia, Boeing, National Grid, Abrdn
National Grid PLC FY EPS 61.7p
See More Headlines
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Company Calendar

Ex-Dividend for 7/19 Dividend
6/06/2024
Today
6/14/2024
Dividend Payable
7/19/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
31,425
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 1,251.67
High Stock Price Target
GBX 1,330
Low Stock Price Target
GBX 1,125
Potential Upside/Downside
+43.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
£2.22 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£19.85 billion
Cash Flow
GBX 69.26 per share
Book Value
GBX 803 per share

Miscellaneous

Outstanding Shares
4,810,000,000
Free Float
N/A
Market Cap
£41.98 billion
Optionable
Not Optionable
Beta
0.29
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Key Executives

  • Mr. John Pettigrew FEI (Age 56)
    FIET, CEO & Executive Director
    Comp: $2.41M
  • Mr. Andrew Jonathan Agg (Age 55)
    CFO & Executive Director
    Comp: $1.53M
  • Mr. Talvis P. Love (Age 55)
    Group Chief Information & Digital Officer
  • Mr. Nicholas James Ashworth C.F.A.
    Director of Investor Relations
  • Ms. Justine Campbell (Age 54)
    Group General Counsel & Company Secretary
  • Mr. William Serle
    Chief People & Culture Officer
  • Mr. David Wright
    Group Chief Engineer
  • Ms. Alice Kyne Delahunty (Age 43)
    President of UK Electricity Transmission
  • Mr. Benjamin Hollis Wilson (Age 50)
    Chief Strategy & Regulation Officer
  • Ms. Sarah Orban Salati
    Chief Commercial Officer of NGV North East Team

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

Pros

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

  • National Grid plc has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company has a solid dividend yield, providing investors with a steady income stream. Dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
  • National Grid plc has a low debt-to-equity ratio, which signifies a healthy balance sheet and financial stability. This ratio compares a company's total debt to its total equity.
  • The stock price of National Grid plc has been relatively stable, offering investors a sense of security and predictability in their investment.
  • The company has a strong market position and operates in a regulated industry, reducing the risk associated with market fluctuations.

Cons

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

  • Recent regulatory changes in the energy sector could impact National Grid plc's profitability and growth prospects.
  • Fluctuations in interest rates could affect the company's borrowing costs and overall financial performance.
  • Increased competition in the energy market may put pressure on National Grid plc's market share and margins.
  • Environmental regulations and shifts towards renewable energy sources could require significant investments from the company, impacting its bottom line.
  • Global economic uncertainties and geopolitical risks could affect National Grid plc's operations in different regions, leading to potential challenges in revenue generation.
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 Thursday, June 6, 2024. Please send any questions or comments about these National Grid pros and cons to contact@marketbeat.com.

NG Stock Analysis - Frequently Asked Questions

Should I buy or sell National Grid stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for National Grid in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NG shares.
View NG analyst ratings
or view top-rated stocks.

What is National Grid's stock price target for 2024?

4 brokerages have issued 12 month price targets for National Grid's shares. Their NG share price targets range from GBX 1,125 to GBX 1,330. On average, they anticipate the company's stock price to reach GBX 1,251.67 in the next twelve months. This suggests a possible upside of 43.4% from the stock's current price.
View analysts price targets for NG
or view top-rated stocks among Wall Street analysts.

How have NG shares performed in 2024?

National Grid's stock was trading at GBX 1,058 at the beginning of the year. Since then, NG stock has decreased by 17.5% and is now trading at GBX 872.80.
View the best growth stocks for 2024 here
.

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

National Grid declared a dividend on Thursday, May 23rd. Stockholders of record on Thursday, June 6th will be paid a dividend of GBX 39.12 per share on Friday, July 19th. This represents a yield of 3.47%. The ex-dividend date of this dividend is Thursday, June 6th. This is an increase from the stock's previous dividend of GBX 19.40. The official announcement can be viewed at this link.
Read our dividend analysis for NG
.

Is National Grid a good dividend stock?

National Grid (LON:NG) pays an annual dividend of GBX 59 per share and currently has a dividend yield of 6.58%. NG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 9,833.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NG.

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 Public (VOD), GSK (GSK), HSBC (HSBA) and BP (BP).

How do I buy shares of National Grid?

Shares of NG 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) was last updated on 6/14/2024 by MarketBeat.com Staff

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