Avangrid Company Profile (NYSE:AGR)

About Avangrid (NYSE:AGR)

Avangrid, 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?

Some companies that are related to Avangrid include PPL Corporation (PPL), Ameren Corporation (AEE), CMS Energy Corporation (CMS), CenterPoint Energy (CNP), Centrica PLC (CNA), NiSource (NI), MDU Resources Group (MDU), Black Hills Corporation (BKH), Avista Corporation (AVA), Pennon Group plc (PNN), Empire District Electric Co (EDE) and Wec Acquisition Corp (TEG).

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 ( )
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.

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:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
7/24/2017	Evercore ISI	Upgrade	In-Line -> Outperform	$43.50 -> $46.50	Medium
2/21/2017	Janney Montgomery Scott	Upgrade	Neutral -> Buy	$49.00	N/A
1/10/2017	Guggenheim	Upgrade	Neutral -> Buy	$43.00	N/A
11/30/2016	Wells Fargo & Company	Reiterated Rating	Buy		N/A
9/23/2016	J P Morgan Chase & Co	Downgrade	Neutral -> Underweight	$44.00 -> $41.00	N/A
2/29/2016	Wolfe Research	Initiated Coverage	Market Perform		N/A
2/23/2016	Gabelli	Reiterated Rating	Buy		N/A
2/23/2016	Macquarie	Reiterated Rating	Outperform	$48.00 -> $42.00	N/A

(Data available from 8/21/2015 forward)

Earnings History for Avangrid (NYSE:AGR)

Earnings by Quarter for Avangrid (NYSE:AGR)

Earnings History by Quarter for Avangrid (NYSE AGR)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/23/2017		$0.40					N/A
7/19/2017	Q2 2017	$0.40	$0.46	$1.43 billion	$1.33 billion	View	N/A
4/25/2017	Q1 2017	$0.68	$0.73	$1.73 billion	$1.76 billion	View	N/A
2/21/2017	Q4 2016	$0.64	$0.67	$1.62 billion	$1.49 billion	View	Listen
10/25/2016	Q316	$0.59	$0.35	$1.58 billion	$1.42 billion	View	Listen
7/18/2016	Q216	$0.43	$0.32	$1.35 billion	$1.44 billion	View	Listen
4/25/2016	Q1	$0.56	$0.63	$1.38 billion	$1.67 billion	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Avangrid (NYSE:AGR)

Current Year EPS Consensus Estimate: $2.23 EPS
Next Year EPS Consensus Estimate: $2.40 EPS

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/7/2017	quarterly	$0.43	3.98%	9/7/2017	9/8/2017	10/2/2017
4/21/2017	quarterly	$0.43	3.95%	6/7/2017	6/9/2017	7/3/2017
2/17/2017	quarterly	$0.43	4.22%	3/8/2017	3/10/2017	4/3/2017
12/2/2016	quarterly	$0.43	4.84%	12/8/2016	12/12/2016	1/3/2017
7/15/2016	quarterly	$0.43	3.75%	9/7/2016	9/9/2016	10/3/2016
4/21/2016	quarterly	$0.43	4.63%	6/8/2016	6/10/2016	7/1/2016
2/23/2016	Quarterly	$0.43		3/8/2016	3/10/2016	4/1/2016

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Avangrid (NYSE:AGR)

Insider Ownership Percentage: 0.26%
Institutional Ownership Percentage: 13.50%

Institutional Ownership by Quarter for Avangrid (NYSE:AGR)

Insider Trades by Quarter for Avangrid (NYSE:AGR)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/15/2017	Elizabeth Timm	Director	Buy	215	$46.59	$10,016.85
8/1/2017	Alan D Solomont	Director	Buy	110	$45.69	$5,025.90
7/3/2017	Alan D Solomont	Director	Buy	113	$44.26	$5,001.38
6/1/2017	Alan D Solomont	Director	Buy	110	$45.46	$5,000.60
5/15/2017	Elizabeth Timm	Director	Buy	226	$44.33	$10,018.58
5/1/2017	Alan D Solomont	Director	Buy	115	$45.75	$5,261.25
4/3/2017	Alan D Solomont	Director	Buy	116	$42.75	$4,959.00
3/14/2017	James P Torgerson	Insider	Sell	6,687	$42.15	$281,857.05
3/1/2017	Alan D Solomont	Director	Buy	114	$43.44	$4,952.16
2/15/2017	Elizabeth Timm	Director	Buy	251	$40.14	$10,075.14
2/1/2017	Alan D Solomont	Director	Buy	129	$38.77	$5,001.33
1/3/2017	Alan D Solomont	Director	Buy	131	$38.05	$4,984.55
12/1/2016	Alan D Solomont	Director	Buy	139	$36.15	$5,024.85
11/15/2016	Elizabeth Timm	Director	Buy	273	$36.76	$10,035.48
11/1/2016	Alan D Solomont	Director	Buy	127	$39.45	$5,010.15
10/3/2016	Alan D Solomont	Director	Buy	119	$41.88	$4,983.72
9/1/2016	Alan D Solomont	Director	Buy	120	$41.75	$5,010.00
8/1/2016	Alan D Solomont	Director	Buy	219	$45.57	$9,979.83
5/12/2016	R. Scott Mahoney	Insider	Buy	1,000	$40.46	$40,460.00
3/4/2016	Ignacio Sanchez Galan	Director	Buy	100,000	$38.47	$3,847,000.00
3/1/2016	Arnold L Chase	Director	Buy	5,000	$38.72	$193,600.00
2/29/2016	Arnold L Chase	Director	Buy	20,000	$38.76	$775,200.00

(Data available from 1/1/2013 forward)

Headline Trends for Avangrid (NYSE:AGR) Latest Headlines for Avangrid (NYSE:AGR)

Source:

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