Avangrid - AGR Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" AGR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AGR, but not buy additional shares or sell existing shares.
View AGR analyst ratings or view top-rated stocks.

6 analysts have issued 1 year target prices for Avangrid's shares. Their AGR share price forecasts range from $41.00 to $57.00. On average, they anticipate the company's stock price to reach $49.00 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
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Avangrid's stock was trading at $49.88 at the beginning of the year. Since then, AGR stock has decreased by 9.2% and is now trading at $45.28.
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Avangrid saw a increase in short interest in August. As of August 15th, there was short interest totaling 4,640,000 shares, an increase of 13.2% from the July 31st total of 4,100,000 shares. Based on an average daily trading volume, of 654,600 shares, the short-interest ratio is presently 7.1 days. Currently, 6.6% of the shares of the company are sold short.
View Avangrid's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our AGR earnings forecast.

Avangrid, Inc. (NYSE:AGR) posted its quarterly earnings data on Tuesday, July, 26th. The utilities provider reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.13. The utilities provider earned $1.79 billion during the quarter, compared to analyst estimates of $1.60 billion. Avangrid had a net margin of 12.12% and a trailing twelve-month return on equity of 4.65%. During the same period last year, the firm posted $0.35 earnings per share.

Avangrid announced a quarterly dividend on Thursday, July 21st. Investors of record on Friday, September 2nd will be paid a dividend of $0.44 per share on Monday, October 3rd. This represents a $1.76 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Thursday, September 1st.
Read our dividend analysis for AGR.

Avangrid (NYSE:AGR) pays an annual dividend of $1.76 per share and currently has a dividend yield of 3.89%. The dividend payout ratio is 75.21%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AGR will have a dividend payout ratio of 76.19% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AGR.

Avangrid updated its FY 2022 earnings guidance on Saturday, September, 24th. The company provided earnings per share (EPS) guidance of $2.20-$2.38 for the period, compared to the consensus earnings per share estimate of $2.34. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Avangrid investors own include AT&T (T), Casino, Guichard-Perrachon Societe Anonyme (COP), Input Capital (INP), Verizon Communications (VZ), Pfizer (PFE), AbbVie (ABBV), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Archer-Daniels-Midland (ADM) and Alibaba Group (BABA).

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

Avangrid's stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (0.47%), FMR LLC (0.20%), Legal & General Group Plc (0.20%), Goldman Sachs Group Inc. (0.16%), Mackenzie Financial Corp (0.14%) and Millennium Management LLC (0.14%). Insiders that own company stock include Alan D Solomont, Alan D Solomont and SA Iberdrola.
View institutional ownership trends.

Shares of AGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AGR stock can currently be purchased for approximately $45.28.

Avangrid (NYSE:AGR) has a market capitalization of $17.51 billion and generates $6.97 billion in revenue each year. The utilities provider earns $707 million in net income (profit) each year or $2.34 on an earnings per share basis.

The company employs 7,348 workers across the globe.

Avangrid's mailing address is 180 Marsh Hill Road, ORANGE CT, 06477. The official website for the company is www.avangrid.com. The utilities provider can be reached via phone at (207) 629-1200 or via email at investors@avangrid.com.