NYSE:AGRAvangrid Stock Price, Forecast & News

Avangrid's stock was trading at $47.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AGR stock has decreased by 10.6% and is now trading at $42.54. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last year. There are currently 2 sell ratings, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Avangrid.

Avangrid is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Avangrid.

Avangrid will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Avangrid Inc (NYSE:AGR) issued its earnings results on Tuesday, April, 28th. The utilities provider reported $0.76 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.76. The utilities provider had revenue of $1.79 billion for the quarter, compared to analysts' expectations of $1.90 billion. Avangrid had a net margin of 11.50% and a return on equity of 4.41%. The business's quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.71 earnings per share. View Avangrid's earnings history.

Avangrid announced a quarterly dividend on Monday, April 27th. Investors of record on Tuesday, June 2nd will be paid a dividend of $0.44 per share on Wednesday, July 1st. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date of this dividend is Monday, June 1st. View Avangrid's dividend history.

Avangrid updated its FY20 earnings guidance on Tuesday, April, 28th. The company provided earnings per share guidance of $2.17-2.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.20.

8 Wall Street analysts have issued 1 year target prices for Avangrid's shares. Their forecasts range from $46.00 to $52.00. On average, they expect Avangrid's stock price to reach $48.29 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price. View analysts' price targets for Avangrid.

Media stories about AGR stock have trended negative recently, according to InfoTrie. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. 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 news impact score of -2.3 on InfoTrie's scale. They also assigned press coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Avangrid.

Avangrid saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,180,000 shares, a decline of 9.9% from the June 15th total of 2,420,000 shares. Based on an average daily volume of 731,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 3.9% 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), Eversource Energy (ES), CLP (CLPHY), FirstEnergy (FE), DTE Energy (DTE), Edison International (EIX), PPL (PPL), Entergy (ETR), EDP-Energias de Portugal, S.A (EDPFY), Fortis (FTS), SSE PLC/S (SSEZY), Tenaga Nasional Bhd (TNABY), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY) and Korea Electric Power (KEP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Avangrid investors own include Verizon Communications (VZ), Circle Oil (COP), Input Capital (INP), AT&T (T), Alibaba Group (BABA), Home Depot (HD), Walt Disney (DIS), Altria Group (MO), Costco Wholesale (COST) and Cisco Systems (CSCO).

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

Avangrid's stock is owned by a number of retail and institutional investors. Top institutional investors include Robecosam AG (0.21%) and Ellevest Inc. (0.00%). 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 purchased by a variety of institutional investors in the last quarter, including Robecosam AG, and Ellevest Inc.. 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 activity 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 $42.54.

Avangrid has a market capitalization of $13.15 billion and generates $6.34 billion in revenue each year. The utilities provider earns $700 million in net income (profit) each year or $2.17 on an earnings per share basis. Avangrid employs 6,597 workers across the globe.

The official website for Avangrid is 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]