NYSE:AGR - Avangrid Stock Price, News, & Analysis

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$49.27 +0.37 (+0.76 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$49.27
Today's Range$48.64 - $49.28
52-Week Range$45.81 - $54.55
Volume553,129 shs
Average Volume441,741 shs
Market Capitalization$15.22 billion
P/E Ratio22.29
Dividend Yield3.60%
Beta0.09
Avangrid, Inc. operates as an energy services holding company in the United States. It engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. The company also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. It delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. In addition, the company generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. As of November 2, 2018, it owned eight electric and natural gas utilities, serving 3.2 million customers in New York and New England, as well as owned and operated 7.1 gigawatts of electricity capacity, primarily through wind power in 22 states across the United States. The company was formerly known as Iberdrola USA, Inc. The company was founded in 1852 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone207-629-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.48 billion
Cash Flow$5.0482 per share
Book Value$48.85 per share

Profitability

Net Income$381 million

Miscellaneous

Employees6,570
Market Cap$15.22 billion
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable

Avangrid (NYSE:AGR) Frequently Asked Questions

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 Thursday, February 14th. Shareholders of record on Friday, March 8th will be given a dividend of $0.44 per share on Monday, April 1st. This represents a $1.76 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date is Thursday, March 7th. View Avangrid's Dividend History.

How were Avangrid's earnings last quarter?

Avangrid Inc (NYSE:AGR) released its quarterly earnings results on Tuesday, February, 19th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.62 by $0.06. The utilities provider earned $1.67 billion during the quarter, compared to analyst estimates of $1.32 billion. Avangrid had a return on equity of 4.43% and a net margin of 9.18%. The company's quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.61 earnings per share. View Avangrid's Earnings History.

When is Avangrid's next earnings date?

Avangrid is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for Avangrid.

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

Avangrid updated its FY19 earnings guidance on Tuesday, February, 19th. The company provided earnings per share guidance of $2.25-$2.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.41. Avangrid also updated its FY 2019 guidance to $2.25-2.40 EPS.

What price target have analysts set for AGR?

8 analysts have issued 1 year price objectives for Avangrid's stock. Their forecasts range from $46.00 to $57.00. On average, they anticipate Avangrid's stock price to reach $52.7143 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Avangrid.

What is the consensus analysts' recommendation 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, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Avangrid.

Has Avangrid been receiving favorable news coverage?

News coverage about AGR stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Avangrid earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

Who are some of Avangrid's key competitors?

What other stocks do shareholders of Avangrid own?

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), Cisco Systems (CSCO), Pfizer (PFE), Healthequity (HQY) and Zebra Technologies (ZBRA).

Who are Avangrid's key executives?

Avangrid's management team includes the folowing people:
  • Mr. James P. Torgerson, CEO & Director (Age 67)
  • Ms. Sheila Duncan, Sr. VP of HR & Corp. Admin. (Age 54)
  • Mr. Robert Daniel Kump, Pres & CEO of Networks (Age 58)
  • Mr. Douglas K. Stuver, Sr. VP & CFO (Age 55)
  • Ms. Patricia C. Cosgel, VP Investor & Shareholder Relations

Who are Avangrid's major shareholders?

Avangrid's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.72%), Pzena Investment Management LLC (0.69%), Massachusetts Financial Services Co. MA (0.29%), First Trust Advisors LP (0.20%), Jennison Associates LLC (0.20%) and Bank of New York Mellon Corp (0.18%). Company insiders that own Avangrid stock include Alan D Solomont, Douglas K Stuver, Elizabeth Timm, James P Torgerson and John E Baldacci. View Institutional Ownership Trends for Avangrid.

Which major investors are selling Avangrid stock?

AGR stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Massachusetts Financial Services Co. MA, Bank of America Corp DE, D. E. Shaw & Co. Inc., Daiwa SB Investments Ltd., Barclays PLC, Mackenzie Financial Corp and Squarepoint Ops LLC. View Insider Buying and Selling for Avangrid.

Which major investors are buying Avangrid stock?

AGR stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Millennium Management LLC, Zurcher Kantonalbank Zurich Cantonalbank, Bank of New York Mellon Corp, BlackRock Inc., Baillie Gifford & Co., Prudential Financial Inc. and Whitehelm Capital Pty Ltd. Company insiders that have bought Avangrid stock in the last two years include Alan D Solomont, Douglas K Stuver, Elizabeth Timm and John E Baldacci. View Insider Buying and Selling for Avangrid.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Avangrid's stock price today?

One share of AGR stock can currently be purchased for approximately $49.27.

How big of a company is Avangrid?

Avangrid has a market capitalization of $15.22 billion and generates $6.48 billion in revenue each year. The utilities provider earns $381 million in net income (profit) each year or $2.21 on an earnings per share basis. Avangrid employs 6,570 workers across the globe.

What is Avangrid's official website?

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

How can I contact Avangrid?

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]


MarketBeat Community Rating for Avangrid (NYSE AGR)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  195 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  416
MarketBeat's community ratings are surveys of what our community members think about Avangrid and other stocks. Vote "Outperform" if you believe AGR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AGR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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