NYSE:AGR Avangrid - AGR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Avangrid, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $42.19 +0.16 (+0.38%) (As of 01/26/2023 12:00 AM ET) Add Compare Share Share Today's Range$41.83▼$42.2550-Day Range$41.40▼$44.5452-Week Range$37.64▼$51.71Volume545,222 shsAverage Volume714,060 shsMarket Capitalization$16.31 billionP/E Ratio18.19Dividend Yield4.19%Price Target$46.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Avangrid MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside9.0% Upside$46.00 Price TargetShort InterestBearish5.68% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.80Upright™ Environmental ScoreNews Sentiment0.27Based on 6 Articles This WeekInsider TradingAcquiring Shares$10,079 Bought Last QuarterProj. Earnings Growth-2.59%From $2.32 to $2.26 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.61 out of 5 starsUtilities Sector75th out of 83 stocksElectric Services Industry36th out of 41 stocks 1.0 Analyst's Opinion Consensus RatingAvangrid has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $46.00, Avangrid has a forecasted upside of 9.0% from its current price of $42.19.Amount of Analyst CoverageAvangrid has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.68% of the float of Avangrid has been sold short.Short Interest Ratio / Days to CoverAvangrid has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in Avangrid has recently increased by 3.34%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipAvangrid is a leading dividend payer. It pays a dividend yield of 4.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAvangrid does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Avangrid is 75.86%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Avangrid will have a dividend payout ratio of 77.88% in the coming year. This indicates that Avangrid may not be able to sustain their current dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAvangrid has received a 18.83% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Natural gas distribution services", "Main electricity grid operation services", and "Local electricity grid operation services" products. See details.Environmental SustainabilityThe Environmental Impact score for Avangrid is -2.80. Previous Next 2.4 News and Social Media Coverage News SentimentAvangrid has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Avangrid this week, compared to 4 articles on an average week.Search Interest2 people have searched for AGR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Avangrid to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Avangrid insiders have bought more of their company's stock than they have sold. Specifically, they have bought $10,079.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.05% of the stock of Avangrid is held by insiders.Percentage Held by InstitutionsOnly 11.96% of the stock of Avangrid is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Avangrid are expected to decrease by -2.59% in the coming year, from $2.32 to $2.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Avangrid is 18.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Avangrid is 18.19, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.02.Price to Earnings Growth RatioAvangrid has a PEG Ratio of 3.40. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAvangrid has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Avangrid (NYSE:AGR) StockAvangrid, Inc. engages in the energy transmission and gas distribution. It operates through the following segments: Networks, Renewables, and Other. The Networks segment includes energy transmission and distribution, electric transmission, and gas distribution activities. The Renewables segment relates to renewable energy, mainly wind energy generation and trading related to such activities. The Other segment covers miscellaneous corporate revenues including intersegment eliminations. The company was founded in 1852 and is headquartered in Orange, CT.Read More Receive AGR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Avangrid and its competitors with MarketBeat's FREE daily newsletter. Email Address AGR Stock News HeadlinesJanuary 24, 2023 | americanbankingnews.comAvangrid (NYSE:AGR) vs. Heliogen (NYSE:HLGN) Head-To-Head ComparisonJanuary 20, 2023 | americanbankingnews.comQ4 2022 Earnings Estimate for Avangrid, Inc. (NYSE:AGR) Issued By KeyCorpJanuary 26, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 19, 2023 | americanbankingnews.comAvangrid (NYSE:AGR) Cut to Hold at StockNews.comJanuary 19, 2023 | americanbankingnews.comAvangrid, Inc. (NYSE:AGR) Receives Average Recommendation of "Hold" from BrokeragesJanuary 17, 2023 | finance.yahoo.comThe past three years for Avangrid (NYSE:AGR) investors has not been profitableJanuary 17, 2023 | americanbankingnews.comAvangrid (NYSE:AGR) Price Target Increased to $36.00 by Analysts at KeyCorpJanuary 17, 2023 | americanbankingnews.comAnalysts Set Avangrid, Inc. (NYSE:AGR) Price Target at $45.80January 26, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 21, 2022 | finance.yahoo.comAre Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?November 8, 2022 | finance.yahoo.comMassachusetts denies motion to delay offshore wind contractsNovember 2, 2022 | benzinga.comAVANGRID's Digital Summit Showcases Latest in Disruptive TechnologyNovember 2, 2022 | msn.com7 Analysts Have This to Say About AvangridOctober 27, 2022 | seekingalpha.comAvangrid, Inc. (AGR) Q3 2022 Earnings Call TranscriptOctober 26, 2022 | benzinga.comAVANGRID Third Quarter 2022 Financial Results Available on Company's WebsiteOctober 25, 2022 | finance.yahoo.comAVANGRID Third Quarter 2022 Financial Results Available on Company’s WebsiteOctober 25, 2022 | msn.comA Preview Of Avangrid's EarningsOctober 21, 2022 | finance.yahoo.comAVANGRID Statement on Commonwealth Wind Project ProceedingOctober 18, 2022 | finance.yahoo.comEarnings Preview: Avangrid (AGR) Q3 Earnings Expected to DeclineOctober 14, 2022 | benzinga.comWhat 5 Analyst Ratings Have To Say About Avangrid - Avangrid (NYSE:AGR) - BenzingaOctober 14, 2022 | finance.yahoo.comEnergy Transition in Motion (Week of Oct. 14, 2022): Advancing Projects, Investment - Yahoo FinanceOctober 14, 2022 | benzinga.comExpert Ratings for Avangrid - Avangrid (NYSE:AGR) - BenzingaOctober 14, 2022 | benzinga.comBenzinga's Top Ratings Upgrades, Downgrades For October 14, 2022 - Avangrid (NYSE:AGR), Alkermes (NASDAQ: - BenzingaOctober 13, 2022 | reuters.comIberdrola explores sale of wind assets in Romania, Hungary -sources - ReutersOctober 12, 2022 | finance.yahoo.comSempra Infrastructure and AVANGRID Announce Plans to Develop U.S. Green Hydrogen and Ammonia ProjectsOctober 7, 2022 | finance.yahoo.comAVANGRID Announces Winners of Inaugural Clean Energy Hackathon and Awards Scholarships for Quantum Computing Solution - Yahoo FinanceOctober 6, 2022 | seekingalpha.comAvangrid: Risks Outweigh The Reward (NYSE:AGR) - Seeking AlphaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AGR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Avangrid and its competitors with MarketBeat's FREE daily newsletter. Email Address AGR Company Calendar Last Earnings10/25/2021Ex-Dividend for 1/3 Dividend11/30/2022Dividend Payable1/03/2023Today1/26/2023Next Earnings (Estimated)2/28/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorUtilities Current SymbolNYSE:AGR CUSIPN/A CIK1634997 Webwww.avangrid.com Phone(207) 629-1200FaxN/AEmployees7,348Year FoundedN/APrice Target and Rating Average Stock Price Forecast$46.00 High Stock Price Forecast$57.00 Low Stock Price Forecast$36.00 Forecasted Upside/Downside+9.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.32 Trailing P/E Ratio18.19 Forward P/E Ratio18.19 P/E Growth3.4Net Income$707 million Net Margins11.66% Pretax Margin11.21% Return on Equity4.56% Return on Assets2.32% Debt Debt-to-Equity Ratio0.38 Current Ratio0.74 Quick Ratio0.61 Sales & Book Value Annual Sales$6.97 billion Price / Sales2.34 Cash Flow$4.39 per share Price / Cash Flow9.61 Book Value$51.55 per share Price / Book0.82Miscellaneous Outstanding Shares386,624,000Free Float386,431,000Market Cap$16.31 billion OptionableOptionable Beta0.39 Key ExecutivesPedro Azagra BlázquezChief Executive Officer & DirectorRobert D. KumpPresident & Deputy Chief Executive OfficerPatricia C. CosgelChief Financial Officer & Senior Vice PresidentR. Scott MahoneySecretary, Senior Vice President & General CounselManuel GonzalezChief of Staff & Senior Vice PresidentKey CompetitorsCenterPoint EnergyNYSE:CNPCentrais Elétricas Brasileiras S.A. - EletrobrásNYSE:EBRFortisNYSE:FTSPPLNYSE:PPLEntergyNYSE:ETRView All CompetitorsInsiders & InstitutionsGreenwood Capital Associates LLCBought 12,039 shares on 1/26/2023Ownership: 0.014%Inspire Investing LLCBought 455 shares on 1/26/2023Ownership: 0.013%Long Run Wealth Advisors LLCBought 1,391 shares on 1/26/2023Ownership: 0.007%Steel Peak Wealth Management LLCBought 11,370 shares on 1/25/2023Ownership: 0.003%Park Avenue Securities LLCSold 3,967 shares on 1/24/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions AGR Stock - Frequently Asked Questions Should I buy or sell Avangrid stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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. What is Avangrid's stock price forecast for 2023? 6 Wall Street analysts have issued 1-year target prices for Avangrid's stock. Their AGR share price forecasts range from $36.00 to $57.00. On average, they predict the company's stock price to reach $46.00 in the next year. This suggests a possible upside of 9.0% from the stock's current price. View analysts price targets for AGR or view top-rated stocks among Wall Street analysts. How have AGR shares performed in 2023? Avangrid's stock was trading at $42.98 on January 1st, 2023. Since then, AGR stock has decreased by 1.8% and is now trading at $42.19. View the best growth stocks for 2023 here. When is Avangrid's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023. View our AGR earnings forecast. How were Avangrid's earnings last quarter? Avangrid, Inc. (NYSE:AGR) posted its earnings results on Monday, October, 25th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.05. The utilities provider earned $1.60 billion during the quarter, compared to analyst estimates of $1.55 billion. Avangrid had a trailing twelve-month return on equity of 4.56% and a net margin of 11.66%. The business's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.32 earnings per share. How often does Avangrid pay dividends? What is the dividend yield for Avangrid? Avangrid announced a quarterly dividend on Wednesday, October 19th. Investors of record on Thursday, December 1st will be given a dividend of $0.44 per share on Tuesday, January 3rd. This represents a $1.76 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend is Wednesday, November 30th. Read our dividend analysis for AGR. Is Avangrid a good dividend stock? Avangrid (NYSE:AGR) pays an annual dividend of $1.76 per share and currently has a dividend yield of 4.19%. AGR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.86%. 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 77.88% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for AGR. What guidance has Avangrid issued on next quarter's earnings? Avangrid updated its FY 2022 earnings guidance on Saturday, October, 29th. The company provided earnings per share guidance of $2.20-$2.38 for the period, compared to the consensus earnings per share estimate of $2.33. The company issued revenue guidance of -. What other stocks do shareholders of Avangrid own? 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). What is Avangrid's stock symbol? Avangrid trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGR." Who are Avangrid's major shareholders? Avangrid's stock is owned by a variety of retail and institutional investors. Top institutional investors include ATLAS Infrastructure Partners UK Ltd. (0.58%), PATRIZIA Pty Ltd (0.07%), Assenagon Asset Management S.A. (0.03%), Hennessy Advisors Inc. (0.03%), Greenwood Capital Associates LLC (0.01%) and Inspire Investing LLC (0.01%). Insiders that own company stock include Alan D Solomont, Alan D Solomont and SA Iberdrola. View institutional ownership trends. How do I buy shares of Avangrid? 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. Compare Top Brokerages Here. What is Avangrid's stock price today? One share of AGR stock can currently be purchased for approximately $42.19. How much money does Avangrid make? Avangrid (NYSE:AGR) has a market capitalization of $16.31 billion and generates $6.97 billion in revenue each year. The utilities provider earns $707 million in net income (profit) each year or $2.32 on an earnings per share basis. How many employees does Avangrid have? The company employs 7,348 workers across the globe. How can I contact Avangrid? 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. This page (NYSE:AGR) was last updated on 1/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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