NYSE:AGRAvangrid Stock Price, Forecast & News

Avangrid's stock was trading at $47.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AGR stock has decreased by 7.9% and is now trading at $43.80. 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 quarterly earnings results on Tuesday, April, 28th. The utilities provider reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The utilities provider earned $1.79 billion during the quarter, compared to analyst estimates of $1.90 billion. Avangrid had a net margin of 11.50% and a return on equity of 4.41%. The firm's revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.71 earnings per share. View Avangrid's earnings history.

Avangrid declared a quarterly dividend on Monday, April 27th. Shareholders of record on Tuesday, June 2nd will be given 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 4.02%. 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 (EPS) guidance of $2.17-2.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.20.

8 analysts have issued 12 month target prices for Avangrid's shares. Their forecasts range from $46.00 to $52.00. On average, they anticipate Avangrid's share price to reach $48.29 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View analysts' price targets for Avangrid.

Media stories about AGR stock have been trending negative recently, InfoTrie reports. InfoTrie identifies negative and positive news 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 negative five to positive five, with scores closest to five being the most favorable. Avangrid earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news about Avangrid.

Avangrid saw a decrease in short interest in June. As of June 30th, there was short interest totaling 2,180,000 shares, a decrease 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 stock are short sold. 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), Entergy (ETR), PPL (PPL), EDP-Energias de Portugal, S.A (EDPFY), SSE PLC/S (SSEZY), Fortis (FTS), 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 many different retail and institutional investors. Top institutional shareholders 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 acquired 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 $43.80.

Avangrid has a market capitalization of $13.53 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]