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
  • Sub-Industry: N/A
  • Symbol: NYSE:AGR
  • CUSIP: N/A
  • Web: www.avangrid.com
Capitalization:
  • Market Cap: $14.87 billion
  • Outstanding Shares: 309,005,000
Average Prices:
  • 50 Day Moving Avg: $47.73
  • 200 Day Moving Avg: $45.56
  • 52 Week Range: $35.42 - $49.04
P/E:
  • Trailing P/E Ratio: 22.06
  • Foreward P/E Ratio: 20.05
  • P/E Growth: 2.40
Sales & Book Value:
  • Annual Revenue: $6 billion
  • Price / Sales: 2.48
  • Book Value: $49.28 per share
  • Price / Book: 0.98
Dividend:
  • Annual Dividend: $1.73
  • Dividend Yield: 3.6%
Profitability:
  • EBITDA: $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: 325,467 shs.
  • Beta: 0.49
  • 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 3.59%. The ex-dividend date is Thursday, September 7th. View Avangrid's Dividend History.

How were Avangrid's earnings last quarter?

Avangrid, Inc. (NYSE:AGR) issued its quarterly earnings data on Wednesday, July, 19th. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.06. The firm earned $1.33 billion during the quarter, compared to analysts' expectations of $1.43 billion. Avangrid had a return on equity of 4.52% and a net margin of 11.25%. Avangrid's quarterly revenue was down 7.5% on a year-over-year basis. During the same quarter last year, the business earned $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 Tuesday, October, 24th 2017. View Earnings Estimates for Avangrid.

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

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

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

5 analysts have issued 12 month price targets for Avangrid's shares. Their forecasts range from $43.00 to $49.00. On average, they anticipate Avangrid's stock price to reach $46.38 in the next twelve months. View Analyst Ratings for Avangrid.

Are investors shorting Avangrid?

Avangrid saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 2,143,795 shares, an increase of 59.1% from the August 31st total of 1,347,442 shares. Based on an average daily volume of 324,131 shares, the short-interest ratio is currently 6.6 days. Approximately 3.9% of the company's shares are sold short.

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

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 $48.11.


MarketBeat Community Rating for Avangrid (NYSE AGR)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  68 (Vote Outperform)
Underperform Votes:  95 (Vote Underperform)
Total Votes:  163
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: $46.38 (3.61% downside)
Consensus Price Target History for Avangrid (NYSE:AGR)
Price Target History for Avangrid (NYSE:AGR)
Analysts' Ratings History for Avangrid (NYSE:AGR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017J P Morgan Chase & CoBoost Price TargetUnderweight$43.00 -> $47.00N/AView Rating Details
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
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 10/17/2015 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: $2.22 EPS
Next Year EPS Consensus Estimate: $2.40 EPS

Dividends

Current Dividend Information for Avangrid (NYSE:AGR)
Most Recent Dividend:10/2/2017
Annual Dividend:$1.73
Dividend Yield:3.60%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:79.36% (Trailing 12 Months of Earnings)
77.93% (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: 13.22%
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
10/2/2017Alan D SolomontDirectorBuy106$47.61$5,046.66View SEC Filing  
9/1/2017Alan D SolomontDirectorBuy103$48.88$5,034.64View SEC Filing  
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 logoFinancial Contrast: Avangrid (AGR) & Its Competitors
www.americanbankingnews.com - October 17 at 6:30 AM
americanbankingnews.com logoAvangrid, Inc. (AGR) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - October 16 at 3:12 AM
americanbankingnews.com logoAvangrid, Inc. (AGR) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - October 15 at 9:28 AM
americanbankingnews.com logoAvangrid, Inc. (AGR) Price Target Raised to $47.00
www.americanbankingnews.com - October 14 at 11:26 PM
americanbankingnews.com logoAvangrid, Inc. (AGR) Downgraded by Zacks Investment Research
www.americanbankingnews.com - October 13 at 5:10 PM
finance.yahoo.com logoETFs with exposure to Avangrid, Inc. : October 13, 2017
finance.yahoo.com - October 13 at 3:33 PM
finance.yahoo.com logoAvangrid Renewables Statement on Finalization of BOEM Offshore Lease – North Carolina (Kitty Hawk)
finance.yahoo.com - October 13 at 3:33 PM
finance.yahoo.com logoAvangrid, Inc. – Value Analysis (NYSE:AGR) : October 12, 2017
finance.yahoo.com - October 12 at 4:18 PM
finance.yahoo.com logoAvangrid, Inc. breached its 50 day moving average in a Bullish Manner : AGR-US : October 11, 2017
finance.yahoo.com - October 11 at 4:57 PM
americanbankingnews.com logoAvangrid (AGR) vs. Sempra Energy (SRE) Head to Head Comparison
www.americanbankingnews.com - October 10 at 10:22 PM
americanbankingnews.com logoAvangrid (AGR) vs. Its Rivals Head to Head Survey
www.americanbankingnews.com - October 10 at 10:32 AM
americanbankingnews.com logoSempra Energy (SRE) vs. Avangrid (AGR) Financial Review
www.americanbankingnews.com - October 9 at 12:40 PM
americanbankingnews.com logoHead-To-Head Contrast: Avangrid (AGR) versus NiSource (NI)
www.americanbankingnews.com - October 9 at 8:10 AM
americanbankingnews.com logoHead-To-Head Analysis: Avangrid (AGR) versus Its Peers
www.americanbankingnews.com - October 8 at 6:16 PM
americanbankingnews.com logo Brokerages Expect Avangrid, Inc. (AGR) Will Announce Quarterly Sales of $1.35 Billion
www.americanbankingnews.com - October 7 at 6:00 AM
finance.yahoo.com logoAVANGRID Schedules Third Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - October 3 at 3:21 PM
americanbankingnews.com logoComparing Avangrid (AGR) & PPL Corporation (PPL)
www.americanbankingnews.com - October 3 at 2:26 AM
americanbankingnews.com logoShort Interest in Avangrid, Inc. (AGR) Increases By 59.1%
www.americanbankingnews.com - October 3 at 2:18 AM
finance.yahoo.com logoAvangrid, Inc. : AGR-US: Dividend Analysis : September 08th, 2017 (record date) : By the numbers : September 29, 2017
finance.yahoo.com - October 2 at 3:29 PM
americanbankingnews.com logoAvangrid (AGR) vs. Its Peers Financial Survey
www.americanbankingnews.com - September 30 at 2:24 PM
americanbankingnews.com logoAnalyzing PPL Corporation (PPL) and Avangrid (AGR)
www.americanbankingnews.com - September 23 at 6:12 PM
finance.yahoo.com logoAvangrid, Inc. breached its 50 day moving average in a Bearish Manner : AGR-US : September 21, 2017
finance.yahoo.com - September 22 at 2:53 PM
americanbankingnews.com logoAnalyzing Avangrid (AGR) and Its Peers
www.americanbankingnews.com - September 21 at 2:30 PM
finance.yahoo.com logoSouthern Connecticut Gas Company -- Moody's places Southern Connecticut Gas ratings on review for upgrade
finance.yahoo.com - September 20 at 3:31 PM
americanbankingnews.com logoAvangrid, Inc. (AGR) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - September 20 at 9:24 AM
finance.yahoo.com logoIberdrola Chairman at UN Urges World Leaders and Global Community to Join Escalated Action against Climate Change
finance.yahoo.com - September 18 at 4:04 PM
americanbankingnews.com logoHead to Head Analysis: Avangrid (AGR) vs. Its Competitors
www.americanbankingnews.com - September 18 at 2:30 PM
americanbankingnews.com logo$1.35 Billion in Sales Expected for Avangrid, Inc. (AGR) This Quarter
www.americanbankingnews.com - September 18 at 3:02 AM
americanbankingnews.com logo$0.39 EPS Expected for Avangrid, Inc. (AGR) This Quarter
www.americanbankingnews.com - September 16 at 8:24 PM
nasdaq.com logoWhy Avangrid Is a Top 10 Utility Dividend Stock (AGR)
www.nasdaq.com - September 14 at 3:46 PM
finance.yahoo.com logoETFs with exposure to Avangrid, Inc. : September 13, 2017
finance.yahoo.com - September 13 at 9:46 PM
finance.yahoo.com logoAVANGRID Honors Partners at Supplier Awards Event
finance.yahoo.com - September 13 at 4:42 PM
americanbankingnews.com logoContrasting Sempra Energy (SRE) and Avangrid (AGR)
www.americanbankingnews.com - September 12 at 10:24 PM
finance.yahoo.com logoETFs with exposure to Avangrid, Inc. : August 31, 2017
finance.yahoo.com - August 31 at 8:29 PM
finance.yahoo.com logoAvangrid Foundation Donates $50,000 to American Red Cross Disaster Relief for Hurricane Harvey
finance.yahoo.com - August 29 at 3:58 PM
finance.yahoo.com logoAvangrid, Inc. :AGR-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017
finance.yahoo.com - August 28 at 3:45 PM
americanbankingnews.com logoAvangrid, Inc. (AGR) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 26 at 9:26 AM
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 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

Social

Chart

Avangrid (AGR) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.