Avangrid Company Profile (NYSE:AGR)

About Avangrid

Avangrid logoAvangrid, Inc. is a diversified energy and utility company with more than $30 billion in assets and operations in 25 states. The company operates regulated utilities and electricity generation through two primary lines of business. Avangrid Networks includes eight electric and natural gas utilities, serving approximately 3.1 million customers in New York and New England. Avangrid Renewables operates 6.3 gigawatts of electricity capacity, primarily through wind power, in states across the United States. Iberdrola S.A. (Madrid: IBE), a worldwide leader in the energy industry, owns 81.5% of AVANGRID.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: AGR
  • CUSIP:
Key Metrics:
  • Previous Close: $42.99
  • 50 Day Moving Average: $39.538
  • 200 Day Moving Average: $39.758
  • 52-Week Range: $35.42 - $46.74
  • Trailing P/E Ratio: 24.988
  • Foreward P/E Ratio: 17.91
  • P/E Growth: 2.160
  • Market Cap: $13.41B
  • Outstanding Shares: 309,003,000
  • Beta: 0.22
Profitability:
  • 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%
Additional Links:
Companies Related to Avangrid:

Analyst Ratings

Consensus Ratings for Avangrid (NYSE:AGR) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $44.25 (2.93% upside)

Analysts' Ratings History for Avangrid (NYSE:AGR)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017Evercore ISIDowngradeBuy -> Hold$44.00View Rating Details
2/21/2017Janney Montgomery ScottUpgradeNeutral -> Buy$49.00View Rating Details
1/10/2017GuggenheimUpgradeNeutral -> Buy$43.00View Rating Details
11/30/2016Wells Fargo & CompanyReiterated RatingBuyView Rating Details
9/23/2016J P Morgan Chase & CoDowngradeNeutral -> Underweight$44.00 -> $41.00View Rating Details
2/29/2016Wolfe ResearchInitiated CoverageMarket PerformView Rating Details
2/23/2016GabelliReiterated RatingBuyView Rating Details
2/23/2016MacquarieReiterated RatingOutperform$48.00 -> $42.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Avangrid (NYSE:AGR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2017        
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$1.29 billionViewListenView Earnings Details
4/26/2016Q1$0.56$0.63$2.23 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Avangrid (NYSE:AGR)
Current Year EPS Consensus Estimate: $2.21 EPS
Next Year EPS Consensus Estimate: $2.40 EPS

Dividends

Current Dividend Information for Avangrid (NYSE:AGR)
Annual Dividend:$1.73
Dividend Yield:4.02%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:78.28% (Based on Current Year Consensus EPS Estimate)
72.08% (Based on Next Year Consensus EPS Estimate)

Dividend History for Avangrid (NYSE:AGR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Avangrid (NYSE:AGR)
Insider Ownership Percentage: 0.55%
Institutional Ownership Percentage: 12.61%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Avangrid (NYSE:AGR)
DateHeadline
News IconIs a Pullback Coming For Avangrid, Inc. (NYSE:AGR)? - Aiken Advocate (NYSE:AGR)
aikenadvocate.com - February 24 at 10:26 AM
News IconAnalyst's Indicator Review for Avangrid, Inc. (AGR), Las Vegas ... - The USA Commerce (NYSE:AGR)
www.theusacommerce.com - February 24 at 10:26 AM
biz.yahoo.com logoAVANGRID, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:AGR)
biz.yahoo.com - February 23 at 8:25 PM
News IconCompany in Focus: Avangrid Inc (AGR) - Baldwin Journal (NYSE:AGR)
baldwinjournal.com - February 23 at 3:25 PM
News IconRevenue Approximations Analysis: Realty Income Corporation (O), Avangrid, Inc. (AGR) - StockNewsJournal (NYSE:AGR)
www.stocknewsjournal.com - February 23 at 3:25 PM
marketexclusive.com logoAnalyst Downgrades – Avangrid (NYSE:AGR) Stock Gets Downgraded By Evercore ISI from Buy to Hold - Market Exclusive (NYSE:AGR)
marketexclusive.com - February 23 at 3:25 PM
News IconCentral Maine Power Tree Care Will Enhance Service in Southern and Coastal Maine (NYSE:AGR)
electricenergyonline.com - February 23 at 1:26 AM
News IconAnalyst's Indicator Review for Norwegian Cruise Line Holdings Ltd. (NCLH), Avangrid, Inc. (AGR) - The USA Commerce (NYSE:AGR)
www.theusacommerce.com - February 22 at 3:24 PM
News IconAvangrid, Inc. (NYSE:AGR) Enters Overbought Range - Aiken Advocate (NYSE:AGR)
aikenadvocate.com - February 22 at 3:24 PM
finance.yahoo.com logoEdited Transcript of AGR earnings conference call or presentation 21-Feb-17 3:00pm GMT (NYSE:AGR)
finance.yahoo.com - February 22 at 3:24 PM
4-traders.com logoAvangrid : beats 4Q profit forecasts (NYSE:AGR)
www.4-traders.com - February 22 at 11:38 AM
News IconAvangrid Inc (NYSE:AGR) Shares Downgraded To A Buy Rating (NYSE:AGR)
stockmarketdaily.co - February 22 at 11:38 AM
us.rd.yahoo.com logo7:04 am AVANGRID beats by $0.03, misses on revs; guides FY17 EPS above consensus (NYSE:AGR)
us.rd.yahoo.com - February 22 at 11:38 AM
biz.yahoo.com logoQ4 & FY 2016 Avangrid Inc Earnings Release - Before Market Open (NYSE:AGR)
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 (NYSE:AGR)
us.rd.yahoo.com - February 22 at 11:38 AM
marketexclusive.com logoAnalyst Upgrades – Avangrid (NYSE:AGR) Stock Gets Upgraded By Janney Montgomery Scott from Neutral to Buy - Market Exclusive (NYSE:AGR)
marketexclusive.com - February 21 at 3:41 PM
sg.finance.yahoo.com logoAvangrid beats 4Q profit forecasts (NYSE:AGR)
sg.finance.yahoo.com - February 21 at 3:41 PM
finance.yahoo.com logoAvangrid Posts Presentation Materials for Investor Meetings (NYSE:AGR)
finance.yahoo.com - February 21 at 3:41 PM
biz.yahoo.com logoAvangrid Inc Earnings Presentation Call scheduled for 10:00 am ET today (NYSE:AGR)
biz.yahoo.com - February 21 at 3:41 PM
News IconAnalysts Take the Wheel on Avangrid Inc (NYSE:AGR) Shares and Where They Might Be Headed - Aiken Advocate (NYSE:AGR)
aikenadvocate.com - February 21 at 6:34 AM
News IconAnalyst Consensus Estimates & Projections are in For Shares of Avangrid Inc (NYSE:AGR) - Aiken Advocate (NYSE:AGR)
aikenadvocate.com - February 14 at 8:41 PM
businesswire.com logoAmazon Wind Farm US East, Powered by Avangrid Renewables, North Carolina's First Wind Farm, Now Fully ... - Business Wire (press release) (NYSE:AGR)
www.businesswire.com - February 9 at 3:25 PM
finance.yahoo.com logoAmazon Wind Farm US East, Powered by Avangrid Renewables, North Carolina’s First Wind Farm, Now Fully Operational (NYSE:AGR)
finance.yahoo.com - February 9 at 3:25 PM
businesswire.com logoAVANGRID Schedules 2017 Financial Update - Business Wire (press release) (NYSE:AGR)
www.businesswire.com - February 8 at 3:29 PM
finance.yahoo.com logoAVANGRID Schedules 2017 Financial Update (NYSE:AGR)
finance.yahoo.com - February 8 at 3:29 PM
News IconTop Gainers of the Day: Avangrid, Inc. (NYSE:AGR) from Gas Utilities - Twin County News (NYSE:AGR)
twincountynews.com - February 7 at 3:43 PM
capitalcube.com logoAvangrid, Inc. breached its 50 day moving average in a Bullish Manner : AGR-US : February 1, 2017 (NYSE:AGR)
www.capitalcube.com - February 1 at 3:27 PM
finance.yahoo.com logoAVANGRID Chooses Itron for Energy Smart Community in New York - Yahoo Finance (NYSE:AGR)
finance.yahoo.com - January 31 at 8:35 PM
News IconWhat are Brokerage Firms Saying About Avangrid Inc (NYSE:AGR)? - Aiken Advocate (NYSE:AGR)
aikenadvocate.com - January 30 at 8:35 PM
News IconFuel Cell Installed at Amity Regional High School in Woodbridge (NYSE:AGR)
patch.com - January 28 at 3:23 PM
News IconWhat are the Levels Indicating for This Stock: Avangrid Inc. (AGR) - Springdale Times (NYSE:AGR)
springdaletimes.com - January 24 at 3:44 PM
News IconSell-side Consensus Sees Avangrid Inc (NYSE:AGR) Going Where Near-Term? - Aiken Advocate (NYSE:AGR)
aikenadvocate.com - January 23 at 8:28 PM
News IconTechnical Study: Following Indicators for Avangrid Inc. (AGR) - Rives Journal (NYSE:AGR)
rivesjournal.com - January 23 at 3:26 PM
News IconTechnical Watch: ATR in View on Shares of Avangrid Inc. (AGR) - Sherwood Daily (NYSE:AGR)
sherwooddaily.com - January 21 at 3:22 PM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Avangrid, Inc. (NYSE:AGR) - Wall Street Beacon (NYSE:AGR)
wsbeacon.com - January 21 at 3:22 PM
marketwatch.com logoResearch Reports Coverage on Gas Utilities Stocks -- Avangrid, New Jersey Resources, Atmos Energy, and South Jersey Industries (NYSE:AGR)
www.marketwatch.com - January 19 at 3:43 PM
sg.finance.yahoo.com logoShell bolsters offshore wind interests with bid in U.S. tender (NYSE:AGR)
sg.finance.yahoo.com - January 18 at 3:52 PM
News IconShares of Avangrid, Inc. (NYSE:AGR) Sees Large Inflow of Net ... - Highland Mirror (NYSE:AGR)
www.highlandmirror.com - January 17 at 10:12 AM
News IconInvestors are Looking at Levels for Avangrid Inc. (AGR) - Wall Street Beacon (NYSE:AGR)
wsbeacon.com - January 12 at 3:26 PM
seekingalpha.com logoAvangrid: Utility With A Renewable Power Kicker - Seeking Alpha (NYSE:AGR)
seekingalpha.com - January 11 at 3:39 PM
seekingalpha.com logoAvangrid: Utility With A Renewable Power Kicker - Avangrid, Inc ... - Seeking Alpha (NYSE:AGR)
seekingalpha.com - January 11 at 3:39 PM
News IconAvangrid, Inc. (AGR) stock coverage initiated with "Buy" in note to investors by Evercore ISI - BNB Daily (blog) (NYSE:AGR)
www.baseball-news-blog.com - January 10 at 3:26 PM
finance.yahoo.com logoAVANGRID upgraded by Guggenheim (NYSE:AGR)
finance.yahoo.com - January 10 at 3:26 PM
wallstrt24.com logoTraders Alert Avangrid Inc (NYSE:AGR), DDR Corp (NYSE:DDR) - Wall Street 24 (NYSE:AGR)
wallstrt24.com - January 6 at 3:29 PM
News IconTraders Alert: Avangrid, Inc. (NYSE:AGR), Philip Morris International, Inc. (NYSE:PM) - The Newburgh Press (NYSE:AGR)
newburghpress.com - January 6 at 3:29 PM
publicnow.com logoAGR starts a blog for technical knowledge management (NYSE:AGR)
www.publicnow.com - January 5 at 3:29 PM
bizjournals.com logoVestas' U.S. wind-turbine orders in December rise to more than 1,500 megawatts (NYSE:AGR)
www.bizjournals.com - December 30 at 3:25 PM
publicnow.com logoVestas receives 30 MW order in the United States (NYSE:AGR)
www.publicnow.com - December 30 at 3:25 PM
capitalcube.com logoAvangrid, Inc. breached its 50 day moving average in a Bullish Manner : AGR-US : December 30, 2016 (NYSE:AGR)
www.capitalcube.com - December 30 at 3:25 PM
News IconAVANGRID Subsidiaries Distribute $280K to Nonprofits Across Connecticut - Patch.com (NYSE:AGR)
patch.com - December 29 at 3:26 PM

Social

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 announced a quarterly dividend on Friday, February 17th. Investors of record on Friday, March 10th will be paid a dividend of $0.432 per share on Monday, April 3rd. This represents a $1.73 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date is Wednesday, March 8th.

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

6 equities research analysts 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 stock price to reach $44.25 in the next twelve months.

When will Avangrid announce their earnings?

Avangrid is scheduled to release their next quarterly earnings announcement on Tuesday, February, 21st 2017.

Who owns Avangrid stock?

Avangrid's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (1.34%), State Street Corp (0.22%), Ecofin Ltd. (0.21%), Baillie Gifford & Co. (0.17%), Gabelli Funds LLC (0.11%) and Dimensional Fund Advisors LP (0.08%). Company insiders that own Avangrid stock include Alan D Solomont, Arnold L Chase, Elizabeth Timm, Ignacio Sanchez Galan and R Scott Mahoney.

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 Ecofin Ltd., Renaissance Technologies LLC, Baird Financial Group Inc., AQR Capital Management LLC, Boothbay Fund Management LLC, Dimensional Fund Advisors LP, Ladenburg Thalmann Financial Services Inc. and Tudor Investment Corp Et Al.

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 FMR LLC, Zimmer Partners LP, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Cigna Investments Inc. New, Luminus Management LLC, State Board of Administration of Florida Retirement System, NN Investment Partners Holdings N.V. and Numeric Investors LLC. 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.

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.

How much does a share of Avangrid stock cost?

One share of Avangrid stock can currently be purchased for approximately $42.99.

Avangrid (NYSE:AGR) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Avangrid (NYSE:AGR)

Earnings History Chart

Earnings by Quarter for Avangrid (NYSE:AGR)

Dividend History Chart

Dividend Payments by Quarter for Avangrid (NYSE:AGR)

Last Updated on 2/24/2017 by MarketBeat.com Staff