Avangrid, Inc operates as an energy services holding company in the United States. It operates through two segments, Networks and Renewables. The company engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. It also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power.
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Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorUtilities
Phone207-629-1200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.48 billion
Profitability
Miscellaneous
Employees6,449
Next Earnings Date10/22/2019 (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 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 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend is Thursday, September 5th. View Avangrid's Dividend History.
How were Avangrid's earnings last quarter?
Avangrid Inc (NYSE:AGR) issued its quarterly earnings data on Tuesday, July, 23rd. The utilities provider reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.07. The utilities provider had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.38 billion. Avangrid had a return on equity of 4.09% and a net margin of 8.85%. The business's revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 EPS. View Avangrid's Earnings History.
When is Avangrid's next earnings date?
What guidance has Avangrid issued on next quarter's earnings?
Avangrid issued an update on its FY19 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share guidance of $2.25-2.35 for the period, compared to the Thomson Reuters consensus estimate of $2.24.
What price target have analysts set for AGR?
6 brokerages 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 twelve months. This suggests that the stock has a possible downside of 3.0%. View Analyst Price Targets for Avangrid.
What is the consensus analysts' recommendation for Avangrid?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Avangrid.
Has Avangrid been receiving favorable news coverage?
Media coverage about AGR stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Avangrid earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Avangrid.
Are investors shorting Avangrid?
Avangrid saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,842,300 shares, an increase of 19.2% from the July 31st total of 1,545,400 shares. Based on an average daily volume of 442,600 shares, the days-to-cover ratio is currently 4.2 days. Currently, 3.3% of the shares of the company are sold short. View Avangrid's Current Options Chain.
Who are some of Avangrid's key competitors?
Some companies that are related to Avangrid include American Electric Power (AEP), Eversource Energy (ES), FirstEnergy (FE), CLP (CLPHY), Edison International (EIX), DTE Energy (DTE), Entergy (ETR), PPL (PPL), Tenaga Nasional Bhd (TNABY), Fortis (FTS), SSE PLC/S (SSEZY), CenterPoint Energy (CNP), CENTRAIS ELETRI/S (EBR.B), EDP-Energias de Portugal, S.A (EDPFY) and CENTRAIS ELETRI/S (EBR).
What other stocks do shareholders of Avangrid own?
Who are Avangrid's key executives?
Avangrid's management team includes the folowing people:
- Mr. James P. Torgerson, CEO & Director (Age 67)
- Mr. Douglas K. Stuver, Sr. VP & CFO (Age 55)
- Mr. Peter T. Church, Sr. VP of HR & Corp. Admin. (Age 46)
- Mr. R. Scott Mahoney, Sr. VP, Gen. Counsel & Sec. (Age 53)
- Mr. Robert Daniel Kump, Pres & CEO of Networks (Age 58)
Who are Avangrid's major shareholders?
Avangrid's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.93%), Royal Bank of Canada (1.05%), BlackRock Inc. (0.80%), First Trust Advisors LP (0.54%), Renaissance Technologies LLC (0.31%) and Covalis Capital LLP (0.20%). 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.
Which major investors are selling Avangrid stock?
AGR stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Silvercrest Asset Management Group LLC, AQR Capital Management LLC, Renaissance Technologies LLC, Man Group plc, Wells Fargo & Company MN, Bank of New York Mellon Corp and Icon Advisers Inc. Co.. View Insider Buying and Selling for Avangrid.
Which major investors are buying Avangrid stock?
AGR stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Covalis Capital LLP, BlackRock Inc., Aperio Group LLC, Hennessy Advisors Inc., Nuveen Asset Management LLC, Pinebridge Investments L.P. and Summit Global Investments. 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.
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, Robinhood, Fidelity and Charles Schwab.
What is Avangrid's stock price today?
One share of AGR stock can currently be purchased for approximately $51.57.
How big of a company is Avangrid?
Avangrid has a market capitalization of $15.94 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.
What is Avangrid's official website?
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)
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.
