Avangrid Company Profile (NYSE:AGR)

About Avangrid (NYSE:AGR)

Avangrid logoAvangrid, Inc. is an energy and utility company. The Company operates through three segments: Networks, Renewables and Gas. The Networks segment includes all the energy transmission and distribution activities, and any other regulated activity originating in New York and Maine, and regulated electric distribution, electric transmission and gas distribution activities originating in Connecticut and Massachusetts. The Renewables segment owns, develops, constructs and/or operates electricity generation, including renewable and thermal generators, and associated transmission facilities. The Renewables segment includes activities relating to renewable energy, mainly wind energy generation and trading related with such activities. The Gas segment operates a natural gas storage and natural gas trading business through its subsidiaries, Enstor, Inc. and Enstor Energy Services, LLC.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NYSE:AGR
  • CUSIP: N/A
  • Web: www.avangrid.com
Capitalization:
  • Market Cap: $13.99 billion
  • Outstanding Shares: 309,069,000
Average Prices:
  • 50 Day Moving Avg: $43.89
  • 200 Day Moving Avg: $40.72
  • 52 Week Range: $35.42 - $46.74
P/E:
  • Trailing P/E Ratio: 21.36
  • Foreward P/E Ratio: 18.95
  • P/E Growth: 2.26
Sales & Book Value:
  • Annual Revenue: $6.11 billion
  • Price / Sales: 2.29
  • Book Value: $49.31 per share
  • Price / Book: 0.92
Dividend:
  • Annual Dividend: $1.73
  • Dividend Yield: 3.8%
Profitability:
  • EBIDTA: $2.05 billion
  • Net Margins: 9.14%
  • Return on Equity: 3.32%
  • Return on Assets: 1.64%
Debt:
  • Debt-to-Equity Ratio: 0.29%
  • Current Ratio: 1.00%
  • Quick Ratio: 0.84%
Misc:
  • Average Volume: 450,500 shs.
  • Beta: 0.22
  • Short Ratio: 2.56
 

Frequently Asked Questions for Avangrid (NYSE:AGR)

What is Avangrid's stock symbol?

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

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

Avangrid declared a quarterly dividend on Friday, April 21st. Shareholders of record on Friday, June 9th will be given a dividend of $0.432 per share on Monday, July 3rd. This represents a $1.73 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date is Wednesday, June 7th. View Avangrid's Dividend History.

How were Avangrid's earnings last quarter?

Avangrid Inc (NYSE:AGR) issued its quarterly earnings results on Tuesday, April, 25th. The company reported $0.73 EPS for the quarter, beating the Zacks' consensus estimate of $0.68 by $0.05. The firm had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.73 billion. Avangrid had a return on equity of 3.32% and a net margin of 9.14%. Avangrid's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period last year, the company posted $0.69 earnings per share. View Avangrid's Earnings History.

When will Avangrid make its next earnings announcement?

Avangrid is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017. View Earnings Estimates for Avangrid.

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

Avangrid issued an update on its FY17 earnings guidance on Tuesday, April, 25th. The company provided EPS guidance of $2.10-2.35 for the period, compared to the Thomson Reuters consensus estimate of $2.21.

Where is Avangrid's stock going? Where will Avangrid's stock price be in 2017?

5 brokerages have issued twelve-month target prices for Avangrid's shares. Their predictions range from $41.00 to $49.00. On average, they expect Avangrid's share price to reach $44.25 in the next twelve months. View Analyst Ratings for Avangrid.

Who are some of Avangrid's key competitors?

Who are Avangrid's key executives?

Avangrid's management team includes the folowing people:

  • Ignacio Sanchez Galan, Chairman of the Board
  • James P. Torgerson, Chief Executive Officer, Director
  • John E. Baldacci, Vice Chairman of the Board
  • Richard J. Nicholas, Chief Financial Officer, Senior Vice President
  • Frank Burkhartsmeyer, Chief Executive Officer of Renewables
  • Sara J. Burns, President, Chief Executive Officer of CMP
  • Daryl W. Gee, Chief Executive Officer of Gas
  • Robert D. Kump, President and Chief Executive Officer of Networks
  • Mark S. Lynch, President and Chief Executive Officer of NYSEG and RGE
  • Anthony Marone III, President and Chief Executive Officer of UIL

Who owns Avangrid stock?

Avangrid's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (0.00%), Vanguard Group Inc. (0.00%), FMR LLC (0.00%), First Trust Advisors LP (0.70%), BlackRock Inc. (0.00%) and Pzena Investment Management LLC (0.56%). Company insiders that own Avangrid stock include Alan D Solomont, Arnold L Chase, Elizabeth Timm, Ignacio Sanchez Galan, James P Torgerson and R Scott Mahoney. View Institutional Ownership Trends for Avangrid.

Who sold Avangrid stock? Who is selling Avangrid stock?

Avangrid's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Baillie Gifford & Co., Morgan Stanley, Massachusetts Financial Services Co. MA, Brookfield Asset Management Inc., Reaves W H & Co. Inc., Robecosam AG and BlueCrest Capital Management Ltd. View Insider Buying and Selling for Avangrid.

Who bought Avangrid stock? Who is buying Avangrid stock?

Avangrid's stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, BlackRock Inc., Pzena Investment Management LLC, Karp Capital Management Corp, Global X Management Co. LLC, Asset Management One Co. Ltd., Victory Capital Management Inc. and Vanguard Group Inc.. Company insiders that have bought Avangrid stock in the last two years include Alan D Solomont, Arnold L Chase, Elizabeth Timm, Ignacio Sanchez Galan and R Scott Mahoney. View Insider Buying and Selling for Avangrid.

How do I buy Avangrid stock?

Shares of Avangrid can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Avangrid's stock price today?

One share of Avangrid stock can currently be purchased for approximately $45.28.


MarketBeat Community Rating for Avangrid (NYSE AGR)
Community Ranking:  1.9 out of 5 ()
Outperform Votes:  34 (Vote Outperform)
Underperform Votes:  55 (Vote Underperform)
Total Votes:  89
MarketBeat's community ratings are surveys of what our community members think about Avangrid and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Avangrid (NYSE:AGR) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $44.25 (2.27% downside)

Analysts' Ratings History for Avangrid (NYSE:AGR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/23/2017Evercore ISIDowngradeBuy -> Hold$44.00N/AView Rating Details
2/21/2017Janney Montgomery ScottUpgradeNeutral -> Buy$49.00N/AView Rating Details
1/10/2017GuggenheimUpgradeNeutral -> Buy$43.00N/AView Rating Details
11/30/2016Wells Fargo & CoReiterated RatingBuyN/AView Rating Details
9/23/2016JPMorgan Chase & Co.DowngradeNeutral -> Underweight$44.00 -> $41.00N/AView Rating Details
2/29/2016Wolfe ResearchInitiated CoverageMarket PerformN/AView Rating Details
2/23/2016GabelliReiterated RatingBuyN/AView Rating Details
2/23/2016MacquarieReiterated RatingOutperform$48.00 -> $42.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Avangrid (NYSE:AGR)
Earnings by Quarter for Avangrid (NYSE:AGR)
Earnings History by Quarter for Avangrid (NYSE:AGR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/17/2017        
4/25/2017Q1 2017$0.68$0.73$1.73 billion$1.76 billionViewN/AView Earnings Details
2/21/2017Q4 2016$0.64$0.67$1.62 billion$1.49 billionViewListenView Earnings Details
10/25/2016Q316$0.59$0.35$1.58 billion$1.42 billionViewListenView Earnings Details
7/18/2016Q216$0.43$0.32$1.35 billion$1.44 billionViewListenView Earnings Details
4/25/2016Q1$0.56$0.63$1.38 billion$1.67 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Avangrid (NYSE:AGR)
Current Year EPS Consensus Estimate: $2.22 EPS
Next Year EPS Consensus Estimate: $2.39 EPS

Dividends

Current Dividend Information for Avangrid (NYSE:AGR)
Next Dividend:7/3/2017
Annual Dividend:$1.73
Dividend Yield:3.82%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:77.93% (Based on This Year's Estimates)
72.38% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Avangrid (NYSE:AGR)

Dividend History by Quarter for Avangrid (NYSE:AGR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/21/2017quarterly$0.433.95%6/7/20176/9/20177/3/2017
2/17/2017quarterly$0.434.22%3/8/20173/10/20174/3/2017
12/2/2016quarterly$0.434.84%12/8/201612/12/20161/3/2017
7/15/2016quarterly$0.433.75%9/7/20169/9/201610/3/2016
4/21/2016quarterly$0.434.63%6/8/20166/10/20167/1/2016
2/23/2016Quarterly$0.433/8/20163/10/20164/1/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Avangrid (NYSE:AGR)
Insider Ownership Percentage: 0.55%
Institutional Ownership Percentage: 12.61%
Insider Trades by Quarter for Avangrid (NYSE:AGR)
Institutional Ownership by Quarter for Avangrid (NYSE:AGR)
Insider Trades by Quarter for Avangrid (NYSE:AGR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/15/2017Elizabeth TimmDirectorBuy226$44.33$10,018.58View SEC Filing  
5/1/2017Alan D SolomontDirectorBuy115$45.75$5,261.25View SEC Filing  
4/3/2017Alan D SolomontDirectorBuy116$42.75$4,959.00View SEC Filing  
3/14/2017James P TorgersonInsiderSell6,687$42.15$281,857.05View SEC Filing  
3/1/2017Alan D SolomontDirectorBuy114$43.44$4,952.16View SEC Filing  
2/15/2017Elizabeth TimmDirectorBuy251$40.14$10,075.14View SEC Filing  
2/1/2017Alan D SolomontDirectorBuy129$38.77$5,001.33View SEC Filing  
1/3/2017Alan D SolomontDirectorBuy131$38.05$4,984.55View SEC Filing  
12/1/2016Alan D SolomontDirectorBuy139$36.15$5,024.85View SEC Filing  
11/15/2016Elizabeth TimmDirectorBuy273$36.76$10,035.48View SEC Filing  
11/1/2016Alan D SolomontDirectorBuy127$39.45$5,010.15View SEC Filing  
10/3/2016Alan D SolomontDirectorBuy119$41.88$4,983.72View SEC Filing  
9/1/2016Alan D SolomontDirectorBuy120$41.75$5,010.00View SEC Filing  
8/1/2016Alan D SolomontDirectorBuy219$45.57$9,979.83View SEC Filing  
5/12/2016R. Scott MahoneyInsiderBuy1,000$40.46$40,460.00View SEC Filing  
3/4/2016Ignacio Sanchez GalanDirectorBuy100,000$38.47$3,847,000.00View SEC Filing  
3/1/2016Arnold L ChaseDirectorBuy5,000$38.72$193,600.00View SEC Filing  
2/29/2016Arnold L ChaseDirectorBuy20,000$38.76$775,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Avangrid (NYSE:AGR)
Latest Headlines for Avangrid (NYSE:AGR)
Source:
DateHeadline
finance.yahoo.com logoFirstEnergy Investments to Boost Growth Amid Debt Burden
finance.yahoo.com - May 25 at 3:45 PM
finance.yahoo.com logoApple’s Oregon wind farm eyes bigger, and fewer, turbines
finance.yahoo.com - May 19 at 9:40 AM
americanbankingnews.com logoAvangrid Inc (AGR) Director Acquires $10,018.58 in Stock
www.americanbankingnews.com - May 16 at 1:40 PM
americanbankingnews.com logoAvangrid Inc (AGR) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 16 at 8:42 AM
nasdaq.com logoNotable ETF Outflow Detected - FXU, TDS, AGR, SCG
www.nasdaq.com - May 12 at 8:59 PM
americanbankingnews.com logoAvangrid Inc (AGR) Expected to Post Quarterly Sales of $1.37 Billion
www.americanbankingnews.com - May 10 at 11:52 AM
streetinsider.com logoAvangrid (AGR), Vineyard Wind Enter Pact to Develop Large Scale Wind Energy Project Off Coast of Massachusetts
www.streetinsider.com - May 9 at 8:27 PM
bizjournals.com logoPortland's Avangrid Renewables makes a major play at Martha's Vineyard
www.bizjournals.com - May 9 at 8:27 PM
finance.yahoo.com logoAVANGRID Acquires Major Stake in Massachusetts Off-Shore Wind Project with Vineyard Wind
finance.yahoo.com - May 9 at 9:25 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Avangrid Inc (AGR) Will Announce Earnings of $0.37 Per Share
www.americanbankingnews.com - May 8 at 10:52 AM
americanbankingnews.com logoAvangrid Inc (AGR) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - May 2 at 7:20 PM
americanbankingnews.com logoGabelli Comments on Avangrid Inc's FY2019 Earnings (AGR)
www.americanbankingnews.com - April 29 at 12:20 AM
seekingalpha.com logoAvangrid's (AGR) CEO Jim Torgerson on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 26 at 3:36 PM
finance.yahoo.com logoEdited Transcript of AGR earnings conference call or presentation 25-Apr-17 2:00pm GMT
finance.yahoo.com - April 26 at 7:09 AM
americanbankingnews.com logoAvangrid Inc (AGR) Upgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - April 25 at 5:00 PM
finance.yahoo.com logoAvangrid Renewables Leadership Change
finance.yahoo.com - April 25 at 3:23 PM
finance.yahoo.com logoAvangrid CEO: Offshore in North Carolina coming 'well beyond 2020'
finance.yahoo.com - April 25 at 3:23 PM
americanbankingnews.com logoAvangrid Inc (AGR) Announces Earnings Results
www.americanbankingnews.com - April 25 at 11:32 AM
americanbankingnews.com logoAvangrid Inc (AGR) Releases FY17 Earnings Guidance
www.americanbankingnews.com - April 25 at 11:24 AM
finance.yahoo.com logoAvangrid Reports First Quarter 2017 Earnings Results and Affirms 2017 Earnings Outlook
finance.yahoo.com - April 25 at 8:01 AM
finance.yahoo.com logoAvangrid beats 1Q profit forecasts
finance.yahoo.com - April 25 at 8:01 AM
americanbankingnews.com logoAvangrid Inc (AGR) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 23 at 7:06 AM
americanbankingnews.com logoAvangrid Inc to Issue Quarterly Dividend of $0.43 (AGR)
www.americanbankingnews.com - April 21 at 6:33 PM
americanbankingnews.com logoAvangrid Inc (AGR) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 21 at 9:23 AM
americanbankingnews.com logoZacks: Brokerages Expect Avangrid Inc (AGR) Will Post Quarterly Sales of $1.61 Billion
www.americanbankingnews.com - April 19 at 11:42 AM
americanbankingnews.com logo Analysts Expect Avangrid Inc (AGR) to Announce $0.68 EPS
www.americanbankingnews.com - April 17 at 11:54 AM
finance.yahoo.com logoETFs with exposure to Avangrid, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 8:25 PM
nasdaq.com logoAvangrid Reaches Analyst Target Price
www.nasdaq.com - April 7 at 7:21 AM
americanbankingnews.com logoAvangrid Inc (AGR) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 27 at 1:05 PM
seekingalpha.com logoAvangrid (AGR) Presents At Williams Capital Group West Coast Seminar - Slideshow
seekingalpha.com - March 23 at 3:36 PM
biz.yahoo.com logoAVANGRID, INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 21 at 8:47 PM
streetinsider.com logoAVANGRID (AGR) Announced as Preliminary Auction Winner for ~122K Acre North Carolina Offshore Wind Lease - StreetInsider.com
www.streetinsider.com - March 17 at 4:07 PM
streetinsider.com logoAVANGRID (AGR) Announced as Preliminary Auction Winner for ~122K Acre North Carolina Offshore Wind Lease
www.streetinsider.com - March 17 at 2:58 AM
finance.yahoo.com logo5:39 pm AVANGRID issues statement regarding the U.S. Bureau of Ocean Energy Management's declaration of Avangrid Renewables as the preliminary winner of today's auction for 122,405 acres off the coast of Kitty Hawk, N.C., for development as
finance.yahoo.com - March 16 at 9:57 PM
finance.yahoo.com logoAVANGRID, INC. Financials
finance.yahoo.com - March 16 at 4:56 PM
americanbankingnews.com logoInsider Selling: Avangrid Inc (AGR) Insider Sells 6,687 Shares of Stock
www.americanbankingnews.com - March 15 at 7:45 PM
biz.yahoo.com logoAVANGRID, INC. Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits
biz.yahoo.com - March 15 at 3:30 PM
nasdaq.com logoTop Buys by Directors: Galan's $275.7K Bet on AGR
www.nasdaq.com - March 10 at 8:28 PM
biz.yahoo.com logoAVANGRID, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 10 at 8:28 PM
nasdaq.com logoThis Utility Has A 4.14% Yield And Sells For Less Than Book
www.nasdaq.com - March 9 at 8:32 PM
thestreet.com logoAvangrid: Cramer's Top Takeaways
www.thestreet.com - March 8 at 8:33 PM
nasdaq.com logoAvangrid, Inc. (AGR) Ex-Dividend Date Scheduled for March 08 ... - Nasdaq
www.nasdaq.com - March 8 at 1:28 AM
seekingalpha.com logoAvangrid (AGR) Presents At UBS Utilities and Natural Gas One-on-One Conference
seekingalpha.com - March 2 at 8:39 PM
nasdaq.com logoAGR Breaks Above 4% Yield Territory
www.nasdaq.com - February 28 at 8:32 AM
prnewswire.com logoResearch Reports Coverage on Gas Utilities Stocks -- ONEOK, Clean Energy Fuels, Avangrid, and WGL Holdings
www.prnewswire.com - February 28 at 8:32 AM
biz.yahoo.com logoAVANGRID, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
biz.yahoo.com - February 23 at 8:25 PM
finance.yahoo.com logoEdited Transcript of AGR earnings conference call or presentation 21-Feb-17 3:00pm GMT
finance.yahoo.com - February 22 at 3:24 PM
us.rd.yahoo.com logo7:04 am AVANGRID beats by $0.03, misses on revs; guides FY17 EPS above consensus
us.rd.yahoo.com - February 22 at 11:38 AM
biz.yahoo.com logoQ4 & FY 2016 Avangrid Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 22 at 11:38 AM
biz.yahoo.com logoAVANGRID, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Other Eve
us.rd.yahoo.com - February 22 at 11:38 AM

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Chart

Avangrid (AGR) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff