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66,000% upside on tiny biotech? (Ad)
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66,000% upside on tiny biotech? (Ad)
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66,000% upside on tiny biotech? (Ad)
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High-Quality, High-Yield Hormel Looks Tasty at These Levels 
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
66,000% upside on tiny biotech? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
66,000% upside on tiny biotech? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
66,000% upside on tiny biotech? (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
High-Quality, High-Yield Hormel Looks Tasty at These Levels 
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
66,000% upside on tiny biotech? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
66,000% upside on tiny biotech? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
66,000% upside on tiny biotech? (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
High-Quality, High-Yield Hormel Looks Tasty at These Levels 
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
66,000% upside on tiny biotech? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
66,000% upside on tiny biotech? (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
66,000% upside on tiny biotech? (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
High-Quality, High-Yield Hormel Looks Tasty at These Levels 
NYSE:AGR

Avangrid (AGR) Stock Forecast, Price & News

$38.11
+0.79 (+2.12%)
(As of 06/2/2023 ET)
Compare
Today's Range
$36.92
$38.32
50-Day Range
$37.19
$41.12
52-Week Range
$36.81
$51.71
Volume
740,617 shs
Average Volume
599,237 shs
Market Capitalization
$14.73 billion
P/E Ratio
21.65
Dividend Yield
4.62%
Price Target
$42.83

Avangrid MarketRank™ Forecast

Analyst Rating
Hold
1.83 Rating Score
Upside/​Downside
12.4% Upside
$42.83 Price Target
Short Interest
Bearish
5.95% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.80
Upright™ Environmental Score
News Sentiment
0.86mentions of Avangrid in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.83%
From $2.23 to $2.36 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Utilities Sector

67th out of 84 stocks

Electric Services Industry

34th out of 41 stocks


AGR stock logo

About Avangrid (NYSE:AGR) Stock

Avangrid, Inc. engages in the energy transmission and gas distribution. It operates through the following segments: Networks, Renewables, and Other. The Networks segment includes energy transmission and distribution, electric transmission, and gas distribution activities. The Renewables segment relates to renewable energy, mainly wind energy generation and trading related to such activities. The Other segment covers miscellaneous corporate revenues including intersegment eliminations. The company was founded in 1852 and is headquartered in Orange, CT.

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AGR Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Analysts Set Avangrid, Inc. (NYSE:AGR) PT at $42.83
Avangrid (NYSE:AGR) Coverage Initiated at StockNews.com
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Analysts Set Avangrid, Inc. (NYSE:AGR) Target Price at $42.83
Avangrid (NYSE:AGR) Announces Quarterly Earnings Results
Avangrid Inc. (AGR) Q1 2023 Earnings Call Transcript
Avangrid (AGR) Q1 Earnings Lag Estimates
Avangrid (AGR) to Release Quarterly Earnings on Tuesday
AVANGRID’s NECEC Project May Lawfully Proceed
See More Headlines

AGR Price History

AGR Company Calendar

Ex-Dividend for 4/3 Dividend
2/28/2023
Dividend Payable
4/03/2023
Last Earnings
4/26/2023
Ex-Dividend for 7/3 Dividend
5/31/2023
Today
6/02/2023
Dividend Payable
7/03/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Sector
Utilities
Fax
N/A
Employees
7,579
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$42.83
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+12.4%
Consensus Rating
Hold
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$881 million
Pretax Margin
6.58%

Debt

Sales & Book Value

Annual Sales
$7.92 billion
Cash Flow
$5.21 per share
Book Value
$53.05 per share

Miscellaneous

Free Float
386,448,000
Market Cap
$14.74 billion
Optionable
Optionable
Beta
0.42

Key Executives

  • Pedro Azagra Blázquez
    Chief Executive Officer & Director
  • Robert D. Kump
    President & Deputy Chief Executive Officer
  • Patricia C. Cosgel
    Chief Financial Officer & Senior Vice President
  • R. Scott Mahoney
    Secretary, Senior Vice President & General Counsel
  • Manuel Gonzalez
    Chief of Staff & Senior Vice President













AGR Stock - Frequently Asked Questions

Should I buy or sell Avangrid stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AGR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AGR, but not buy additional shares or sell existing shares.
View AGR analyst ratings
or view top-rated stocks.

What is Avangrid's stock price forecast for 2023?

6 Wall Street analysts have issued 12-month price objectives for Avangrid's shares. Their AGR share price forecasts range from $34.00 to $57.00. On average, they expect the company's share price to reach $42.83 in the next year. This suggests a possible upside of 12.4% from the stock's current price.
View analysts price targets for AGR
or view top-rated stocks among Wall Street analysts.

How have AGR shares performed in 2023?

Avangrid's stock was trading at $42.98 on January 1st, 2023. Since then, AGR stock has decreased by 11.3% and is now trading at $38.1150.
View the best growth stocks for 2023 here
.

When is Avangrid's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our AGR earnings forecast
.

How were Avangrid's earnings last quarter?

Avangrid, Inc. (NYSE:AGR) announced its quarterly earnings results on Wednesday, April, 26th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by $0.12. The utilities provider earned $2.47 billion during the quarter, compared to the consensus estimate of $2.22 billion. Avangrid had a trailing twelve-month return on equity of 3.43% and a net margin of 8.25%. The company's revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.16 earnings per share.

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

Avangrid announced a quarterly dividend on Wednesday, April 12th. Investors of record on Thursday, June 1st will be given a dividend of $0.44 per share on Monday, July 3rd. This represents a $1.76 annualized dividend and a yield of 4.62%. The ex-dividend date is Wednesday, May 31st.
Read our dividend analysis for AGR
.

Is Avangrid a good dividend stock?

Avangrid (NYSE:AGR) pays an annual dividend of $1.76 per share and currently has a dividend yield of 4.69%. AGR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AGR will have a dividend payout ratio of 74.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AGR.

What guidance has Avangrid issued on next quarter's earnings?

Avangrid issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $2.20-$2.35 for the period, compared to the consensus earnings per share estimate of $2.22. The company issued revenue guidance of -.

What other stocks do shareholders of Avangrid own?
What is Avangrid's stock symbol?

Avangrid trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGR."

Who are Avangrid's major shareholders?

Avangrid's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.57%), ATLAS Infrastructure Partners UK Ltd. (1.17%), Wellington Management Group LLP (0.72%), First Trust Advisors LP (0.59%), State Street Corp (0.45%) and Mackenzie Financial Corp (0.31%). Insiders that own company stock include Alan D Solomont, Alan D Solomont and SA Iberdrola.
View institutional ownership trends
.

How do I buy shares of Avangrid?

Shares of AGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Avangrid's stock price today?

One share of AGR stock can currently be purchased for approximately $38.12.

How much money does Avangrid make?

Avangrid (NYSE:AGR) has a market capitalization of $14.74 billion and generates $7.92 billion in revenue each year. The utilities provider earns $881 million in net income (profit) each year or $1.76 on an earnings per share basis.

How many employees does Avangrid have?

The company employs 7,579 workers across the globe.

How can I contact Avangrid?

Avangrid's mailing address is 180 Marsh Hill Road, ORANGE CT, 06477. The official website for the company is www.avangrid.com. The utilities provider can be reached via phone at (207) 629-1190 or via email at investors@avangrid.com.

This page (NYSE:AGR) was last updated on 6/3/2023 by MarketBeat.com Staff

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