NYSE:AGR - Avangrid Stock Price, Forecast & News

Avangrid trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGR."

Avangrid announced a quarterly dividend on Wednesday, February 19th. Shareholders of record on Friday, March 6th will be given a dividend of $0.44 per share on Wednesday, April 1st. This represents a $1.76 annualized dividend and a yield of 3.54%. The ex-dividend date is Thursday, March 5th. View Avangrid's Dividend History.

Avangrid Inc (NYSE:AGR) posted its quarterly earnings data on Tuesday, February, 25th. The utilities provider reported $0.74 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by $0.02. The utilities provider earned $1.61 billion during the quarter, compared to analyst estimates of $1.76 billion. Avangrid had a return on equity of 4.34% and a net margin of 11.04%. Avangrid's revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.56 EPS. View Avangrid's Earnings History.

Avangrid is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Avangrid.

Avangrid updated its FY20 earnings guidance on Tuesday, February, 25th. The company provided earnings per share guidance of $2.17 - $2.37 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.43.

7 equities research analysts have issued 1-year price objectives for Avangrid's shares. Their forecasts range from $46.00 to $52.50. On average, they anticipate Avangrid's stock price to reach $49.83 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price. View Analyst Price Targets for Avangrid.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last year. There are currently 4 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Avangrid.

Media stories about AGR stock have trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Avangrid earned a news impact score of -2.7 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Avangrid.

Avangrid saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,180,000 shares, an increase of 9.5% from the January 15th total of 1,990,000 shares. Based on an average daily trading volume, of 373,600 shares, the short-interest ratio is presently 5.8 days. Currently, 3.9% of the company's stock are short sold. View Avangrid's Current Options Chain.

Some companies that are related to Avangrid include American Electric Power (AEP), Eversource Energy (ES), Edison International (EIX), PPL (PPL), FirstEnergy (FE), CLP (CLPHY), Entergy (ETR), DTE Energy (DTE), SSE PLC/S (SSEZY), Fortis (FTS), EDP-Energias de Portugal, S.A (EDPFY), Tenaga Nasional Bhd (TNABY), Korea Electric Power (KEP), CenterPoint Energy (CNP) and CENTRAIS ELETRI/S (EBR.B).

Based on aggregate information from My MarketBeat watchlists, some companies that other Avangrid investors own include Input Capital (INP), Circle Oil (COP), Verizon Communications (VZ), AT&T (T), Alibaba Group (BABA), Home Depot (HD), Falcon Oil & Gas (FO), Arch Capital Group (ACGL), Walt Disney (DIS) and Altria Group (MO).

Avangrid's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (0.83%), First Trust Advisors LP (0.60%), Mitsubishi UFJ Trust & Banking Corp (0.39%), Renaissance Technologies LLC (0.33%), State Street Corp (0.32%) and Geode Capital Management LLC (0.20%). Company insiders that own Avangrid stock include Alan D Solomont, Douglas K Stuver, Elizabeth Timm, John E Baldacci and Teresa A Herbert. View Institutional Ownership Trends for Avangrid.

AGR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Man Group plc, Renaissance Technologies LLC, Goldman Sachs Group Inc., Boston Common Asset Management LLC, AJO LP, Bank of New York Mellon Corp and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Avangrid.

AGR stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, ArrowMark Colorado Holdings LLC, State Street Corp, First Trust Advisors LP, UBS Group AG, Assetmark Inc., Summit Global Investments and Robeco Institutional Asset Management B.V.. Company insiders that have bought Avangrid stock in the last two years include Alan D Solomont, Douglas K Stuver, Elizabeth Timm, John E Baldacci and Teresa A Herbert. View Insider Buying and Selling for Avangrid.

Shares of AGR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AGR stock can currently be purchased for approximately $49.78.

Avangrid has a market capitalization of $15.38 billion and generates $6.34 billion in revenue each year. The utilities provider earns $595 million in net income (profit) each year or $2.17 on an earnings per share basis. Avangrid employs 6,449 workers across the globe.View Additional Information About Avangrid.

The official website for Avangrid is http://www.avangrid.com/.

Avangrid's mailing address is 180 Marsh Hill Road, ORANGE CT, 06477. The utilities provider can be reached via phone at 207-629-1200 or via email at [email protected]