Avangrid Stock Price, Forecast & Analysis (NYSE:AGR)

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

Avangrid declared a quarterly dividend on Tuesday, July 16th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.44 per share on Tuesday, October 1st. This represents a $1.76 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend is Thursday, September 5th. View Avangrid's Dividend History.

Avangrid Inc (NYSE:AGR) posted its quarterly earnings results on Tuesday, October, 29th. The utilities provider reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.51 by $0.11. The utilities provider earned $1.49 billion during the quarter, compared to the consensus estimate of $1.54 billion. Avangrid had a return on equity of 3.98% and a net margin of 9.32%. Avangrid's quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter last year, the company earned $0.45 earnings per share. View Avangrid's Earnings History.

Avangrid is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Avangrid.

Avangrid issued an update on its FY19 earnings guidance on Tuesday, October, 29th. The company provided EPS guidance of $2.25-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.24.

8 brokers have issued 1-year target prices for Avangrid's shares. Their forecasts range from $46.00 to $52.50. On average, they expect Avangrid's stock price to reach $50.00 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Avangrid.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last year. There are currently 3 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Avangrid.

Press coverage about AGR stock has trended very negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Avangrid earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Avangrid.

Avangrid saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 1,760,000 shares, a drop of 25.1% from the September 30th total of 2,350,000 shares. Based on an average trading volume of 455,300 shares, the short-interest ratio is presently 3.9 days. Currently, 3.2% of the shares of the company are sold short. View Avangrid's Current Options Chain.

Some companies that are related to Avangrid include American Electric Power (AEP), CLP (CLPHY), Eversource Energy (ES), FirstEnergy (FE), PPL (PPL), Edison International (EIX), Entergy (ETR), DTE Energy (DTE), Tenaga Nasional Bhd (TNABY), Fortis (FTS), SSE PLC/S (SSEZY), CenterPoint Energy (CNP), Korea Electric Power (KEP), EDP-Energias de Portugal, S.A (EDPFY) and CENTRAIS ELETRI/S (EBR.B).

Based on aggregate information from My MarketBeat watchlists, some companies that other Avangrid investors own include Input Capital (INP), Circle Oil (COP), Falcon Oil & Gas (FO), Ivanhoe Mines (IVN), Falcon Oil & Gas (FOG), Costco Wholesale (COST), Chemours (CC), Hawaiian Electric Industries (HE), AT&T (T) and Toronto-Dominion Bank (TD).

Avangrid's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (0.56%), Robecosam AG (0.15%), Gabelli Funds LLC (0.11%), Denali Advisors LLC (0.08%), Massachusetts Financial Services Co. MA (0.08%) and Russell Investments Group Ltd. (0.07%). Company insiders that own Avangrid stock include Alan D Solomont, Douglas K Stuver, Elizabeth Timm, John E Baldacci and Teresa A Herbert. View Institutional Ownership Trends for Avangrid.

AGR stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank, Massachusetts Financial Services Co. MA, Arnhold LLC, Tocqueville Asset Management L.P., Hennessy Advisors Inc., Robeco Institutional Asset Management B.V., Alps Advisors Inc. and Gabelli Funds LLC. View Insider Buying and Selling for Avangrid.

AGR stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., First Trust Advisors LP, Miller Howard Investments Inc. NY, Robecosam AG, Denali Advisors LLC, First Quadrant L P CA, ARP Americas LP and California Public Employees Retirement System. Company insiders that have bought Avangrid stock in the last two years include Alan D Solomont, Douglas K Stuver, Elizabeth Timm, John E Baldacci and Teresa A Herbert. View Insider Buying and Selling for Avangrid.

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

One share of AGR stock can currently be purchased for approximately $48.25.

Avangrid has a market capitalization of $14.91 billion and generates $6.48 billion in revenue each year. The utilities provider earns $595 million in net income (profit) each year or $2.21 on an earnings per share basis. Avangrid employs 6,449 workers across the globe.View Additional Information About Avangrid.

The official website for Avangrid is http://www.avangrid.com/.

Avangrid's mailing address is 180 Marsh Hill Road, ORANGE CT, 06477. The utilities provider can be reached via phone at 207-629-1200 or via email at [email protected]