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NYSE:AGRAvangrid Stock Price, Forecast & News

$44.48
+0.52 (+1.18 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$43.63
Now: $44.48
$44.61
50-Day Range
$39.68
MA: $43.01
$45.99
52-Week Range
$35.62
Now: $44.48
$57.24
Volume1.11 million shs
Average Volume676,661 shs
Market Capitalization$13.74 billion
P/E Ratio19.01
Dividend Yield4.00%
Beta0.28
Avangrid, Inc. operates as an energy services holding company in the United States. It operates through two segments, Networks and Renewables. The company engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. It also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. The company 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, it 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. As of February 26, 2019, Avangrid, Inc. owned 8 electric and natural gas utilities, serving 3.2 million customers in New York and New England, as well as owned and operated 7.2 gigawatts of electricity capacity, primarily through wind power in 22 states. The company was founded in 1852 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.9Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.09 out of 5 stars


Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone207-629-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.34 billion
Cash Flow$5.47 per share
Book Value$51.48 per share

Profitability

Net Income$700 million

Miscellaneous

Employees6,597
Market Cap$13.74 billion
Next Earnings Date7/28/2020 (Estimated)
OptionableOptionable

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Avangrid (NYSE:AGR) Frequently Asked Questions

How has Avangrid's stock been impacted by COVID-19 (Coronavirus)?

Avangrid's stock was trading at $47.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AGR stock has decreased by 6.5% and is now trading at $44.48. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Avangrid?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avangrid in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Avangrid.

When is Avangrid's next earnings date?

Avangrid is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Avangrid.

How were Avangrid's earnings last quarter?

Avangrid Inc (NYSE:AGR) announced its quarterly earnings results on Tuesday, April, 28th. The utilities provider reported $0.76 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.76. The utilities provider earned $1.79 billion during the quarter, compared to analysts' expectations of $1.90 billion. Avangrid had a net margin of 11.50% and a return on equity of 4.41%. Avangrid's revenue was down 2.9% compared to the same quarter last year. During the same period last year, the firm posted $0.71 earnings per share. View Avangrid's earnings history.

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

Avangrid announced a quarterly dividend on Monday, April 27th. Stockholders of record on Tuesday, June 2nd will be given a dividend of $0.44 per share on Wednesday, July 1st. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend is Monday, June 1st. View Avangrid's dividend history.

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

Avangrid issued an update on its FY20 earnings guidance on Tuesday, April, 28th. The company provided EPS guidance of $2.17-2.37 for the period, compared to the Thomson Reuters consensus estimate of $2.20.

What price target have analysts set for AGR?

7 equities research analysts have issued 1 year price objectives for Avangrid's shares. Their forecasts range from $46.00 to $52.00. On average, they anticipate Avangrid's stock price to reach $48.80 in the next year. This suggests a possible upside of 9.7% from the stock's current price. View analysts' price targets for Avangrid.

Has Avangrid been receiving favorable news coverage?

Media headlines about AGR stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Avangrid earned a daily sentiment score of -1.6 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutAvangrid.

Are investors shorting Avangrid?

Avangrid saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,180,000 shares, an increase of 10.4% from the April 30th total of 2,880,000 shares. Based on an average daily volume of 881,700 shares, the days-to-cover ratio is presently 3.6 days. Approximately 5.7% of the company's shares are sold short. View Avangrid's Current Options Chain.

Who are some of Avangrid's key competitors?

What other stocks do shareholders of Avangrid own?

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

Who are Avangrid's key executives?

Avangrid's management team includes the following people:
  • Mr. James P. Torgerson, CEO & Director (Age 67)
  • Mr. Douglas K. Stuver, Sr. VP & CFO (Age 55)
  • Mr. Peter T. Church, Sr. VP of HR & Corp. Admin. (Age 46)
  • Mr. R. Scott Mahoney, Sr. VP, Gen. Counsel & Sec. (Age 53)
  • Mr. Robert Daniel Kump, Pres & CEO of Networks (Age 58)

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 retail and institutional investors. Top institutional investors include Wellington Management Group LLP (3.01%), BlackRock Inc. (1.07%), Pzena Investment Management LLC (0.90%), First Trust Advisors LP (0.53%), Mitsubishi UFJ Trust & Banking Corp (0.34%) and State Street Corp (0.32%). 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.

Which institutional investors are selling Avangrid stock?

AGR stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Mitsubishi UFJ Trust & Banking Corp, Squarepoint Ops LLC, UBS Group AG, AQR Capital Management LLC, Aperio Group LLC, Denali Advisors LLC, and JPMorgan Chase & Co.. View insider buying and selling activity for Avangrid.

Which institutional investors are buying Avangrid stock?

AGR stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlackRock Inc., Pzena Investment Management LLC, Gamco Investors INC. ET AL, Robecosam AG, Advisor Group Holdings Inc., Gabelli Funds LLC, and Optimal Asset Management Inc.. 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 activity for Avangrid.

How do I buy shares of 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.

What is Avangrid's stock price today?

One share of AGR stock can currently be purchased for approximately $44.48.

How big of a company is Avangrid?

Avangrid has a market capitalization of $13.74 billion and generates $6.34 billion in revenue each year. The utilities provider earns $700 million in net income (profit) each year or $2.17 on an earnings per share basis. Avangrid employs 6,597 workers across the globe.

What is Avangrid's official website?

The official website for Avangrid is www.avangrid.com.

How can I contact Avangrid?

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]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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