Avangrid Company Profile (NYSE:AGR)

About Avangrid (NYSE:AGR)

Avangrid logoAvangrid, Inc. is an energy and utility company. The Company operates through three segments: Networks, Renewables and Gas. The Networks segment includes all the energy transmission and distribution activities, and any other regulated activity originating in New York and Maine, and regulated electric distribution, electric transmission and gas distribution activities originating in Connecticut and Massachusetts. The Renewables segment owns, develops, constructs and/or operates electricity generation, including renewable and thermal generators, and associated transmission facilities. The Renewables segment includes activities relating to renewable energy, mainly wind energy generation and trading related with such activities. The Gas segment operates a natural gas storage and natural gas trading business through its subsidiaries, Enstor, Inc. and Enstor Energy Services, LLC.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Multiline Utilities - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:AGR
  • CUSIP: N/A
  • Web: www.avangrid.com
Capitalization:
  • Market Cap: $14.64 billion
  • Outstanding Shares: 309,005,000
Average Prices:
  • 50 Day Moving Avg: $45.28
  • 200 Day Moving Avg: $43.83
  • 52 Week Range: $35.42 - $47.46
P/E:
  • Trailing P/E Ratio: 21.72
  • Foreward P/E Ratio: 19.74
  • P/E Growth: 2.34
Sales & Book Value:
  • Annual Revenue: $6 billion
  • Price / Sales: 2.44
  • Book Value: $49.28 per share
  • Price / Book: 0.96
Dividend:
  • Annual Dividend: $1.73
  • Dividend Yield: 3.7%
Profitability:
  • EBIDTA: $1.94 billion
  • Net Margins: 11.25%
  • Return on Equity: 4.52%
  • Return on Assets: 2.20%
Debt:
  • Debt-to-Equity Ratio: 0.31%
  • Current Ratio: 0.78%
  • Quick Ratio: 0.63%
Misc:
  • Average Volume: 270,755 shs.
  • Beta: 0.56
  • Short Ratio: 6.13
 

Frequently Asked Questions for Avangrid (NYSE:AGR)

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 Friday, July 7th. Shareholders of record on Friday, September 8th will be paid a dividend of $0.432 per share on Monday, October 2nd. This represents a $1.73 dividend on an annualized basis and a yield of 3.65%. The ex-dividend date is Thursday, September 7th. View Avangrid's Dividend History.

How were Avangrid's earnings last quarter?

Avangrid, Inc. (NYSE:AGR) announced its quarterly earnings results on Wednesday, July, 19th. The company reported $0.46 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.40 by $0.06. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.43 billion. Avangrid had a return on equity of 4.52% and a net margin of 11.25%. The firm's quarterly revenue was down 7.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 earnings per share. View Avangrid's Earnings History.

When will Avangrid make its next earnings announcement?

Avangrid is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Avangrid.

What guidance has Avangrid issued on next quarter's earnings?

Avangrid issued an update on its FY17 earnings guidance on Wednesday, July, 19th. The company provided EPS guidance of $2.10-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.21.

Where is Avangrid's stock going? Where will Avangrid's stock price be in 2017?

5 brokerages have issued 1 year target prices for Avangrid's shares. Their forecasts range from $41.00 to $49.00. On average, they anticipate Avangrid's share price to reach $44.88 in the next twelve months. View Analyst Ratings for Avangrid.

Who are some of Avangrid's key competitors?

Who are Avangrid's key executives?

Avangrid's management team includes the folowing people:

  • Ignacio Sanchez Galan, Chairman of the Board
  • James P. Torgerson, Chief Executive Officer, Director
  • John E. Baldacci, Vice Chairman of the Board
  • Richard J. Nicholas, Chief Financial Officer, Senior Vice President
  • Frank Burkhartsmeyer, Chief Executive Officer of Renewables
  • Sara J. Burns, President, Chief Executive Officer of CMP
  • Daryl W. Gee, Chief Executive Officer of Gas
  • Robert D. Kump, President and Chief Executive Officer of Networks
  • Mark S. Lynch, President and Chief Executive Officer of NYSEG and RGE
  • Anthony Marone III, President and Chief Executive Officer of UIL

Who owns Avangrid stock?

Avangrid's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.72%), Royal Bank of Canada (1.03%), FMR LLC (1.00%), BlackRock Inc. (0.67%), First Trust Advisors LP (0.63%) and Pzena Investment Management LLC (0.56%). Company insiders that own Avangrid stock include Alan D Solomont, Arnold L Chase, Elizabeth Timm, Ignacio Sanchez Galan, James P Torgerson and R Scott Mahoney. View Institutional Ownership Trends for Avangrid.

Who sold Avangrid stock? Who is selling Avangrid stock?

Avangrid's stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Cramer Rosenthal Mcglynn LLC, FMR LLC, Goldman Sachs Group Inc., Wells Fargo & Company MN, New York State Common Retirement Fund, BlackRock Inc. and GSA Capital Partners LLP. View Insider Buying and Selling for Avangrid.

Who bought Avangrid stock? Who is buying Avangrid stock?

Avangrid's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Trillium Asset Management LLC, Arrowstreet Capital Limited Partnership, Daiwa Securities Group Inc., AHL Partners LLP, Royal Bank of Canada, American Century Companies Inc. and Pinebridge Investments L.P.. Company insiders that have bought Avangrid stock in the last two years include Alan D Solomont, Arnold L Chase, Elizabeth Timm, Ignacio Sanchez Galan and R Scott Mahoney. View Insider Buying and Selling for Avangrid.

How do I buy Avangrid stock?

Shares of Avangrid can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Avangrid's stock price today?

One share of Avangrid stock can currently be purchased for approximately $47.37.


MarketBeat Community Rating for Avangrid (NYSE AGR)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  53 (Vote Outperform)
Underperform Votes:  74 (Vote Underperform)
Total Votes:  127
MarketBeat's community ratings are surveys of what our community members think about Avangrid and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Avangrid (NYSE:AGR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $44.88 (5.27% downside)

Analysts' Ratings History for Avangrid (NYSE:AGR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/24/2017Evercore ISIUpgradeIn-Line -> Outperform$43.50 -> $46.50MediumView Rating Details
2/21/2017Janney Montgomery ScottUpgradeNeutral -> Buy$49.00N/AView Rating Details
1/10/2017GuggenheimUpgradeNeutral -> Buy$43.00N/AView Rating Details
11/30/2016Wells Fargo & CompanyReiterated RatingBuyN/AView Rating Details
9/23/2016J P Morgan Chase & CoDowngradeNeutral -> Underweight$44.00 -> $41.00N/AView Rating Details
2/29/2016Wolfe ResearchInitiated CoverageMarket PerformN/AView Rating Details
2/23/2016GabelliReiterated RatingBuyN/AView Rating Details
2/23/2016MacquarieReiterated RatingOutperform$48.00 -> $42.00N/AView Rating Details
(Data available from 8/21/2015 forward)

Earnings

Earnings History for Avangrid (NYSE:AGR)
Earnings by Quarter for Avangrid (NYSE:AGR)
Earnings History by Quarter for Avangrid (NYSE AGR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017$0.40N/AView Earnings Details
7/19/2017Q2 2017$0.40$0.46$1.43 billion$1.33 billionViewN/AView Earnings Details
4/25/2017Q1 2017$0.68$0.73$1.73 billion$1.76 billionViewN/AView Earnings Details
2/21/2017Q4 2016$0.64$0.67$1.62 billion$1.49 billionViewListenView Earnings Details
10/25/2016Q316$0.59$0.35$1.58 billion$1.42 billionViewListenView Earnings Details
7/18/2016Q216$0.43$0.32$1.35 billion$1.44 billionViewListenView Earnings Details
4/25/2016Q1$0.56$0.63$1.38 billion$1.67 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Avangrid (NYSE:AGR)
Current Year EPS Consensus Estimate: $2.23 EPS
Next Year EPS Consensus Estimate: $2.40 EPS

Dividends

Current Dividend Information for Avangrid (NYSE:AGR)
Next Dividend:10/2/2017
Annual Dividend:$1.73
Dividend Yield:3.65%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:79.36% (Trailing 12 Months of Earnings)
77.58% (Based on This Year's Estimates)
72.08% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Avangrid (NYSE:AGR)

Dividend History by Quarter for Avangrid (NYSE AGR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/7/2017quarterly$0.433.98%9/7/20179/8/201710/2/2017
4/21/2017quarterly$0.433.95%6/7/20176/9/20177/3/2017
2/17/2017quarterly$0.434.22%3/8/20173/10/20174/3/2017
12/2/2016quarterly$0.434.84%12/8/201612/12/20161/3/2017
7/15/2016quarterly$0.433.75%9/7/20169/9/201610/3/2016
4/21/2016quarterly$0.434.63%6/8/20166/10/20167/1/2016
2/23/2016Quarterly$0.433/8/20163/10/20164/1/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Avangrid (NYSE:AGR)
Insider Ownership Percentage: 0.26%
Institutional Ownership Percentage: 13.50%
Insider Trades by Quarter for Avangrid (NYSE:AGR)
Institutional Ownership by Quarter for Avangrid (NYSE:AGR)
Insider Trades by Quarter for Avangrid (NYSE:AGR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2017Elizabeth TimmDirectorBuy215$46.59$10,016.85View SEC Filing  
8/1/2017Alan D SolomontDirectorBuy110$45.69$5,025.90View SEC Filing  
7/3/2017Alan D SolomontDirectorBuy113$44.26$5,001.38View SEC Filing  
6/1/2017Alan D SolomontDirectorBuy110$45.46$5,000.60View SEC Filing  
5/15/2017Elizabeth TimmDirectorBuy226$44.33$10,018.58View SEC Filing  
5/1/2017Alan D SolomontDirectorBuy115$45.75$5,261.25View SEC Filing  
4/3/2017Alan D SolomontDirectorBuy116$42.75$4,959.00View SEC Filing  
3/14/2017James P TorgersonInsiderSell6,687$42.15$281,857.05View SEC Filing  
3/1/2017Alan D SolomontDirectorBuy114$43.44$4,952.16View SEC Filing  
2/15/2017Elizabeth TimmDirectorBuy251$40.14$10,075.14View SEC Filing  
2/1/2017Alan D SolomontDirectorBuy129$38.77$5,001.33View SEC Filing  
1/3/2017Alan D SolomontDirectorBuy131$38.05$4,984.55View SEC Filing  
12/1/2016Alan D SolomontDirectorBuy139$36.15$5,024.85View SEC Filing  
11/15/2016Elizabeth TimmDirectorBuy273$36.76$10,035.48View SEC Filing  
11/1/2016Alan D SolomontDirectorBuy127$39.45$5,010.15View SEC Filing  
10/3/2016Alan D SolomontDirectorBuy119$41.88$4,983.72View SEC Filing  
9/1/2016Alan D SolomontDirectorBuy120$41.75$5,010.00View SEC Filing  
8/1/2016Alan D SolomontDirectorBuy219$45.57$9,979.83View SEC Filing  
5/12/2016R. Scott MahoneyInsiderBuy1,000$40.46$40,460.00View SEC Filing  
3/4/2016Ignacio Sanchez GalanDirectorBuy100,000$38.47$3,847,000.00View SEC Filing  
3/1/2016Arnold L ChaseDirectorBuy5,000$38.72$193,600.00View SEC Filing  
2/29/2016Arnold L ChaseDirectorBuy20,000$38.76$775,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Avangrid (NYSE:AGR)
Latest Headlines for Avangrid (NYSE:AGR)
Source:
DateHeadline
americanbankingnews.com logoElizabeth Timm Acquires 215 Shares of Avangrid, Inc. (AGR) Stock
www.americanbankingnews.com - August 16 at 5:18 PM
americanbankingnews.com logoHead to Head Contrast: Avangrid (AGR) vs. Ameren Corporation (AEE)
www.americanbankingnews.com - August 15 at 12:16 PM
finance.yahoo.com logoAvangrid, Inc. – Value Analysis (NYSE:AGR) : August 4, 2017
finance.yahoo.com - August 12 at 8:29 PM
americanbankingnews.com logo$1.35 Billion in Sales Expected for Avangrid, Inc. (AGR) This Quarter
www.americanbankingnews.com - August 12 at 1:30 AM
americanbankingnews.com logo Brokerages Anticipate Avangrid, Inc. (NYSE:AGR) to Announce $0.39 Earnings Per Share
www.americanbankingnews.com - August 10 at 11:10 PM
finance.yahoo.com logoAvangrid, Inc. – Value Analysis (NYSE:AGR) : August 4, 2017
finance.yahoo.com - August 4 at 2:47 AM
americanbankingnews.com logoAvangrid, Inc. (AGR) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - August 1 at 8:58 AM
finance.yahoo.com logoAVANGRID Offers Bids for New England’s Clean Energy Future
finance.yahoo.com - July 27 at 3:49 PM
finance.yahoo.com logoETFs with exposure to Avangrid, Inc. : July 27, 2017
finance.yahoo.com - July 27 at 3:49 PM
finance.yahoo.com logoEdited Transcript of AGR earnings conference call or presentation 19-Jul-17 2:00pm GMT
finance.yahoo.com - July 26 at 8:42 PM
americanbankingnews.com logoAvangrid, Inc. (AGR) Rating Increased to Outperform at Evercore ISI
www.americanbankingnews.com - July 24 at 10:43 AM
americanbankingnews.com logoAnalyzing Avangrid (AGR) and MDU Resources Group (MDU)
www.americanbankingnews.com - July 22 at 4:08 PM
finance.yahoo.com logoEarnings Review and Free Research Report: Avangrid’s Adjusted Earnings Jumped 21%; Outperformed Estimates
finance.yahoo.com - July 21 at 5:08 PM
finance.yahoo.com logoAs wind moratorium awaits signature, Avangrid CEO touts Amazon success
finance.yahoo.com - July 21 at 5:08 PM
finance.yahoo.com logoAvangrid, Inc. breached its 50 day moving average in a Bullish Manner : AGR-US : July 20, 2017
finance.yahoo.com - July 20 at 4:32 PM
finance.yahoo.com logoAvangrid (AGR) Q2 Earnings Beat, Revenues Miss Estimates
finance.yahoo.com - July 20 at 4:32 PM
seekingalpha.com logoAvangrid's (AGR) CEO Jim Torgerson on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 19 at 4:35 PM
finance.yahoo.com logoAvangrid beats 2Q profit forecasts
finance.yahoo.com - July 19 at 4:35 PM
americanbankingnews.com logoAvangrid, Inc. (NYSE:AGR) Announces Quarterly Earnings Results, Beats Estimates By $0.07 EPS
www.americanbankingnews.com - July 19 at 11:35 AM
americanbankingnews.com logoAvangrid, Inc. (NYSE:AGR) Updates FY17 Earnings Guidance
www.americanbankingnews.com - July 19 at 10:03 AM
finance.yahoo.com logoETFs with exposure to Avangrid, Inc. : July 17, 2017
finance.yahoo.com - July 17 at 3:58 PM
americanbankingnews.com logoAvangrid, Inc. (NYSE:AGR) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - July 17 at 7:46 AM
americanbankingnews.com logoAvangrid, Inc. (AGR) Announces $0.43 Quarterly Dividend
www.americanbankingnews.com - July 7 at 11:14 PM
americanbankingnews.com logoAvangrid, Inc. (AGR) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 7 at 12:02 PM
finance.yahoo.com logoETFs with exposure to Avangrid, Inc. : July 4, 2017
finance.yahoo.com - July 4 at 5:27 PM
finance.yahoo.com logoAvangrid, Inc. breached its 50 day moving average in a Bearish Manner : AGR-US : June 30, 2017
finance.yahoo.com - June 30 at 3:43 PM
americanbankingnews.com logoAvangrid, Inc. (AGR) Expected to Announce Quarterly Sales of $1.37 Billion
www.americanbankingnews.com - June 29 at 11:09 AM
finance.yahoo.com logoAVANGRID Schedules Second Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - June 28 at 3:50 PM
americanbankingnews.com logoAvangrid, Inc. (AGR) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 27 at 7:40 PM
americanbankingnews.com logoZacks: Analysts Expect Avangrid, Inc. (AGR) Will Post Earnings of $0.37 Per Share
www.americanbankingnews.com - June 27 at 2:20 PM
zacks.com logoNextEra (NEP) Looks Good: Stock Moves Up 5.5% in Session
www.zacks.com - June 23 at 3:56 PM
finance.yahoo.com logoAVANGRID Shareholders Overwhelmingly Approve All Board Proposals at 2017 Annual Meeting
finance.yahoo.com - June 22 at 3:22 PM
finance.yahoo.com logoETFs with exposure to Avangrid, Inc. : June 22, 2017
finance.yahoo.com - June 22 at 3:22 PM
finance.yahoo.com logoIberdrola and MIT Energy Initiative Announce $10.3 Million Collaboration to Spur Energy and Environmental Innovation
finance.yahoo.com - June 22 at 12:29 PM
finance.yahoo.com logoAvangrid, Inc. :AGR-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 21 at 4:09 PM
finance.yahoo.com logoPattern Energy Poised to Grow on Strategic Initiatives
finance.yahoo.com - June 20 at 3:55 PM
americanbankingnews.com logoAvangrid, Inc. (AGR) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - June 15 at 4:32 PM
americanbankingnews.com logoAvangrid, Inc. (AGR) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - June 14 at 5:58 PM
americanbankingnews.com logoWec Acquisition Corp (TEG) & Avangrid (AGR) Critical Survey
www.americanbankingnews.com - June 13 at 7:44 AM
americanbankingnews.com logoAvangrid, Inc. (AGR) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 12 at 10:58 AM
americanbankingnews.com logoAnalyzing Avangrid (AGR) & CenterPoint Energy (CNP)
www.americanbankingnews.com - June 10 at 6:08 PM
nasdaq.com logoThis Utility Has A 3.83% Yield And Sells For Less Than Book
www.nasdaq.com - June 9 at 3:34 PM
finance.yahoo.com logoAvangrid, Inc. : AGR-US: Dividend Analysis : June 09th, 2017 (record date) : By the numbers : June 8, 2017
finance.yahoo.com - June 8 at 3:40 PM
americanbankingnews.com logoAvangrid Inc (AGR) Expected to Post Quarterly Sales of $1.37 Billion
www.americanbankingnews.com - June 3 at 9:00 AM
americanbankingnews.com logoZacks: Analysts Expect Avangrid Inc (AGR) to Post $0.37 EPS
www.americanbankingnews.com - June 1 at 12:30 PM
finance.yahoo.com logoFirstEnergy Investments to Boost Growth Amid Debt Burden
finance.yahoo.com - May 25 at 3:45 PM
finance.yahoo.com logoApple’s Oregon wind farm eyes bigger, and fewer, turbines
finance.yahoo.com - May 19 at 9:40 AM
americanbankingnews.com logoAvangrid Inc (AGR) Director Acquires $10,018.58 in Stock
www.americanbankingnews.com - May 16 at 1:40 PM
americanbankingnews.com logoAvangrid Inc (AGR) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 16 at 8:42 AM
nasdaq.com logoNotable ETF Outflow Detected - FXU, TDS, AGR, SCG
www.nasdaq.com - May 12 at 8:59 PM

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Chart

Avangrid (AGR) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff