NYSE:AGR - Avangrid Stock Price, Forecast & News

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

Avangrid declared a quarterly dividend on Tuesday, December 3rd. Investors of record on Thursday, December 12th will be paid a dividend of $0.44 per share on Thursday, January 2nd. This represents a $1.76 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Wednesday, December 11th. View Avangrid's Dividend History.

Avangrid Inc (NYSE:AGR) posted its quarterly earnings results on Tuesday, October, 29th. The utilities provider reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.51 by $0.11. The utilities provider earned $1.49 billion during the quarter, compared to analysts' expectations of $1.54 billion. Avangrid had a net margin of 9.32% and a return on equity of 3.98%. The business's quarterly revenue was down 3.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 earnings per share. View Avangrid's Earnings History.

Avangrid is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Avangrid.

Avangrid updated its FY19 earnings guidance on Tuesday, October, 29th. The company provided earnings per share (EPS) guidance of $2.25-2.35 for the period, compared to the Thomson Reuters consensus estimate of $2.24.

7 Wall Street analysts have issued 12 month price objectives for Avangrid's shares. Their forecasts range from $46.00 to $52.50. On average, they expect Avangrid's share price to reach $49.83 in the next year. This suggests that the stock has a possible downside of 2.6%. View Analyst Price Targets for Avangrid.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last year. There are currently 4 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Avangrid.

News headlines about AGR stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Avangrid earned a news impact score of -2.5 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the next few days. View News Stories for Avangrid.

Avangrid saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,990,000 shares, a decline of 10.8% from the December 15th total of 2,230,000 shares. Based on an average daily trading volume, of 387,100 shares, the short-interest ratio is presently 5.1 days. Currently, 3.6% of the company's 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), Edison International (EIX), CLP (CLPHY), FirstEnergy (FE), PPL (PPL), DTE Energy (DTE), Entergy (ETR), SSE PLC/S (SSEZY), Fortis (FTS), Tenaga Nasional Bhd (TNABY), EDP-Energias de Portugal, S.A (EDPFY), Korea Electric Power (KEP), CenterPoint Energy (CNP) and CENTRAIS ELETRI/S (EBR.B).

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), Home Depot (HD), AT&T (T), Verizon Communications (VZ), Ivanhoe Mines (IVN), CROWN CASTLE IN/SH SH (CCI), Costco Wholesale (COST) and Cisco Systems (CSCO).

Avangrid's stock is owned by many different of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.06%), Tocqueville Asset Management L.P. (0.04%), Assenagon Asset Management S.A. (0.00%), IFP Advisors Inc (0.00%), Sciencast Management LP (0.00%) and Webster Bank N. A. (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 sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc. and Webster Bank N. A.. View Insider Buying and Selling for Avangrid.

AGR stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Sciencast Management LP, Tocqueville Asset Management L.P. and IFP Advisors 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 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 $51.18.

Avangrid has a market capitalization of $15.81 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.

The official website for Avangrid is http://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]