NYSE:AGR - Avangrid Stock Price, Forecast & News

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

Avangrid declared a quarterly dividend on Tuesday, December 3rd. Investors of record on Thursday, December 12th will be paid a dividend of $0.44 per share on Thursday, January 2nd. This represents a $1.76 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Wednesday, December 11th. View Avangrid's Dividend History.

Avangrid Inc (NYSE:AGR) announced its earnings results on Tuesday, October, 29th. The utilities provider reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate 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%. The firm's revenue for the quarter was down 3.8% on a year-over-year basis. During the same period last year, the firm posted $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 updated 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 estimate of $2.24.

7 Wall Street analysts have issued 12 month target prices for Avangrid's stock. Their forecasts range from $46.00 to $52.50. On average, they expect Avangrid's share price to reach $50.00 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets for Avangrid.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last year. There are currently 3 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Avangrid.

News stories about AGR stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Avangrid earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Avangrid.

Avangrid saw a decline in short interest during the month of October. As of October 15th, there was short interest totalling 1,760,000 shares, a decline of 25.1% from the September 15th total of 2,350,000 shares. Based on an average daily volume of 455,300 shares, the days-to-cover ratio is presently 3.9 days. Approximately 3.2% of the company's shares are sold short. View Avangrid's Current Options Chain.

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

Avangrid's stock is owned by a variety of of institutional and retail investors. Top institutional investors include First Trust Advisors LP (0.56%), State Street Corp (0.26%), Robecosam AG (0.15%), Man Group plc (0.15%), Parametric Portfolio Associates LLC (0.12%) and Gabelli Funds LLC (0.11%). 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, Man Group plc, Tocqueville Asset Management L.P., Hennessy Advisors Inc., Robeco Institutional Asset Management B.V. and Redpoint Investment Management Pty Ltd. View Insider Buying and Selling for Avangrid.

AGR stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Parametric Portfolio Associates LLC, First Trust Advisors LP, Squarepoint Ops LLC, Miller Howard Investments Inc. NY, Barclays PLC, Robecosam AG and Denali Advisors LLC. 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 $48.88.

Avangrid has a market capitalization of $15.10 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]