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NYSE:AGR

Avangrid - AGR Stock Forecast, Price & News

$42.52
+0.20 (+0.47%)
(As of 12/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$42.01
$42.76
50-Day Range
$38.29
$43.52
52-Week Range
$37.64
$51.71
Volume
508,156 shs
Average Volume
693,052 shs
Market Capitalization
$16.44 billion
P/E Ratio
18.33
Dividend Yield
4.16%
Price Target
$45.20

Avangrid MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.3% Upside
$45.20 Price Target
Short Interest
Bearish
5.33% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.80
Upright™ Environmental Score
News Sentiment
-0.05mentions of Avangrid in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$10,089 Bought Last Quarter
Proj. Earnings Growth
-3.42%
From $2.34 to $2.26 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.58 out of 5 stars

Utilities Sector

82nd out of 87 stocks

Electric Services Industry

41st out of 42 stocks

AGR stock logo

About Avangrid (NYSE:AGR) Stock

Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates through Networks and Renewables segments. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. It delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. In addition, the company generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. It owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 8.8 gigawatts of electricity capacity primarily through wind power in 22 states. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.

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AGR Stock News Headlines

Analysts Set Avangrid, Inc. (NYSE:AGR) Price Target at $45.20
7 Analysts Have This to Say About Avangrid
Avangrid, Inc. (AGR) Q3 2022 Earnings Call Transcript
A Preview Of Avangrid's Earnings
See More Headlines
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AGR Company Calendar

Ex-Dividend for 10/3 Dividend
9/01/2022
Dividend Payable
10/03/2022
Last Earnings
10/25/2022
Ex-Dividend for 1/3 Dividend
11/30/2022
Today
12/08/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/03/2023
Next Earnings (Estimated)
2/28/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Sector
Utilities
Fax
N/A
Employees
7,348
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$45.20
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+6.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$707 million
Pretax Margin
11.21%

Debt

Sales & Book Value

Annual Sales
$6.97 billion
Cash Flow
$4.41 per share
Book Value
$51.55 per share

Miscellaneous

Free Float
386,431,000
Market Cap
$16.44 billion
Optionable
Optionable
Beta
0.40

Key Executives

  • Mr. Pedro Azagra Blázquez (Age 54)
    CEO & Director
    Comp: $140k
  • Mr. R. Scott Mahoney (Age 56)
    Sr. VP, Gen. Counsel & Company Sec.
    Comp: $950.9k
  • Ms. Catherine S. Stempien (Age 52)
    Pres & CEO of Avangrid Networks, Inc.
    Comp: $1.12M
  • Ms. Patricia C. Cosgel
    Sr. VP & CFO
  • Mr. Dave Labelle
    Chief Admin. Officer
  • Alvaro Ortega Sebastian
    VP of Fin., Investor & Shareholder Relations and Risk
  • Ms. Kimberly A. Harriman (Age 49)
    Sr. VP of State Gov. Affairs & Corp. Communications
  • Mr. Ignacio Estella (Age 52)
    Sr. VP of Corp. Devel.
  • Ms. Kyra Patterson
    VP & Chief HR Officer
  • Mr. F. Michael McClain (Age 73)
    Chief Devel. Officer, Chief Integration Officer & Sr. VP













AGR Stock - Frequently Asked Questions

Should I buy or sell Avangrid stock right now?

6 Wall Street 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 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 brokerages have issued 12-month price targets for Avangrid's shares. Their AGR share price forecasts range from $35.00 to $57.00. On average, they expect the company's share price to reach $45.20 in the next year. This suggests a possible upside of 5.9% 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 2022?

Avangrid's stock was trading at $49.88 at the start of the year. Since then, AGR shares have decreased by 14.4% and is now trading at $42.68.
View the best growth stocks for 2022 here
.

Are investors shorting Avangrid?

Avangrid saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 3,800,000 shares, an increase of 8.9% from the October 15th total of 3,490,000 shares. Based on an average trading volume of 725,500 shares, the days-to-cover ratio is currently 5.2 days. Currently, 5.4% of the shares of the company are short sold.
View Avangrid's Short Interest
.

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) released its quarterly earnings data on Tuesday, October, 25th. The utilities provider reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by $0.01. The utilities provider had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.73 billion. Avangrid had a trailing twelve-month return on equity of 4.56% and a net margin of 11.66%. During the same quarter in the prior year, the business posted $0.34 EPS.

How often does Avangrid pay dividends? What is the dividend yield for Avangrid?

Avangrid declared 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 dividend on an annualized basis and a yield of 4.12%. 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 4.10%. 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 issued an update on 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 estimate of $2.33. The company issued revenue guidance of -.

What other stocks do shareholders of Avangrid own?
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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.98%), BlackRock Inc. (1.67%), Royal Bank of Canada (0.97%), ATLAS Infrastructure Partners UK Ltd. (0.60%), State Street Corp (0.47%) and First Trust Advisors LP (0.45%). 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 $42.68.

How much money does Avangrid make?

Avangrid (NYSE:AGR) has a market capitalization of $16.50 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 12/8/2022 by MarketBeat.com Staff