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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
New AI Stock Payouts (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
New AI Stock Payouts (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Are "The Magnificent Seven" the Next Sears? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
New AI Stock Payouts (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
New AI Stock Payouts (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Are "The Magnificent Seven" the Next Sears? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
New AI Stock Payouts (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
New AI Stock Payouts (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Are "The Magnificent Seven" the Next Sears? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
NYSE:AGR

Avangrid (AGR) Stock Forecast, Price & News

$33.43
+0.01 (+0.03%)
(As of 09/22/2023 ET)
Compare
Today's Range
$33.12
$33.69
50-Day Range
$33.42
$39.06
52-Week Range
$33.12
$46.33
Volume
699,018 shs
Average Volume
613,094 shs
Market Capitalization
$12.93 billion
P/E Ratio
22.29
Dividend Yield
5.26%
Price Target
$37.75

Avangrid MarketRank™ Forecast

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
12.9% Upside
$37.75 Price Target
Short Interest
Bearish
6.32% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.80
Upright™ Environmental Score
News Sentiment
0.76mentions of Avangrid in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.05%
From $2.09 to $2.30 Per Share

Overall MarketRank

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

2.04 out of 5 stars

Utilities Sector

65th out of 85 stocks

Electric Services Industry

36th out of 41 stocks


AGR stock logo

About Avangrid (NYSE:AGR) Stock

Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates in two segments: Networks and Renewables. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. It delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. In addition, the company generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. It owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 9.2 gigawatts of electricity capacity primarily through wind power in 22 states. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.

AGR Price History

AGR Stock News Headlines

Avangrid (NYSE:AGR) Reaches New 52-Week Low at $33.15
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk
I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.
Avangrid Earns Twelve ESG+F Accolades in 2023
Avangrid (NYSE:AGR) Upgraded by StockNews.com to "Hold"
Avangrid CEO Pedro Azagra Statement on Climate Week NYC
DBS Remains a Hold on Avangrid (AGR)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Avangrid Companies Preparing for Impacts from Hurricane Lee
See More Headlines
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AGR Company Calendar

Ex-Dividend for 7/3 Dividend
5/31/2023
Dividend Payable
7/03/2023
Last Earnings
7/27/2023
Ex-Dividend for 10/2 Dividend
8/31/2023
Today
9/24/2023
Dividend Payable
10/02/2023
Next Earnings (Estimated)
10/24/2023
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
$37.75
High Stock Price Forecast
$43.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+12.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$881 million
Pretax Margin
5.54%

Debt

Sales & Book Value

Annual Sales
$7.92 billion
Cash Flow
$5.14 per share
Book Value
$52.61 per share

Miscellaneous

Free Float
386,539,000
Market Cap
$12.93 billion
Optionable
Optionable
Beta
0.43
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Key Executives

  • Mr. Pedro Azagra Blazquez (Age 55)
    CEO & Director
    Comp: $2.23M
  • Ms. Patricia C. Cosgel (Age 57)
    Sr. VP & CFO
    Comp: $790.47k
  • Mr. R. Scott Mahoney (Age 57)
    Sr. VP, Gen. Counsel & Company Sec.
    Comp: $1.13M
  • Mr. Jose Antonio Miranda Soto (Age 51)
    Pres & CEO of Avangrid Renewables, LLC
    Comp: $1.04M
  • Mr. Dave Labelle
    Chief Admin. Officer
  • Alvaro Ortega Sebastian
    VP of Fin., Investor & Shareholder Relations and Risk
  • Ms. Kimberly A. Harriman (Age 50)
    Sr. VP of State Gov. Affairs & Corp. Communications
  • Mr. Ignacio Estella (Age 53)
    Sr. VP of Corp. Devel.
  • Ms. Kyra Patterson
    VP & Chief HR Officer
  • Nacho Arronte
    VP & Chief Risk Officer













AGR Stock - Frequently Asked Questions

Should I buy or sell Avangrid stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" AGR shares.
View AGR analyst ratings
or view top-rated stocks.

What is Avangrid's stock price forecast for 2023?

4 Wall Street analysts have issued 1-year price targets for Avangrid's stock. Their AGR share price forecasts range from $35.00 to $43.00. On average, they predict the company's stock price to reach $37.75 in the next twelve months. This suggests a possible upside of 12.9% 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 at the beginning of the year. Since then, AGR shares have decreased by 22.2% and is now trading at $33.43.
View the best growth stocks for 2023 here
.

Are investors shorting Avangrid?

Avangrid saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,480,000 shares, an increase of 11.4% from the August 15th total of 4,020,000 shares. Based on an average daily volume of 679,600 shares, the short-interest ratio is presently 6.6 days. Currently, 6.3% of the company's shares are short sold.
View Avangrid's Short Interest
.

When is Avangrid's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our AGR earnings forecast
.

How were Avangrid's earnings last quarter?

Avangrid, Inc. (NYSE:AGR) released its quarterly earnings results on Thursday, July, 27th. The utilities provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.29. The utilities provider had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.83 billion. Avangrid had a net margin of 7.23% and a trailing twelve-month return on equity of 2.94%. The firm's revenue for the quarter was down 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.46 EPS.

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

Avangrid declared a quarterly dividend on Tuesday, July 18th. Investors of record on Friday, September 1st will be paid a dividend of $0.44 per share on Monday, October 2nd. This represents a $1.76 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend is Thursday, August 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 5.26%. AGR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 117.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AGR will have a dividend payout ratio of 76.52% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AGR.

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

Avangrid updated its FY 2023 earnings guidance on Friday, July, 28th. The company provided earnings per share guidance of $2.20-$2.35 for the period, compared to the consensus EPS estimate of $2.12. 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.66%), Royal Bank of Canada (0.98%), State Street Corp (0.41%), Mackenzie Financial Corp (0.33%), Geode Capital Management LLC (0.25%) and JPMorgan Chase & Co. (0.17%). 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 $33.43.

How much money does Avangrid make?

Avangrid (NYSE:AGR) has a market capitalization of $12.93 billion and generates $7.92 billion in revenue each year. The utilities provider earns $881 million in net income (profit) each year or $1.50 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 9/24/2023 by MarketBeat.com Staff

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