National Grid plc Company Profile (NYSE:NGG)

About National Grid plc (NYSE:NGG)

National Grid plc logoNational Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company's segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain's gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York. Its other activities relate to non-regulated businesses and other commercial operations not included within the above segments.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Gas Utilities
  • Sub-Industry: N/A
  • Symbol: NYSE:NGG
  • CUSIP: N/A
  • Web: www.nationalgrid.com
Capitalization:
  • Market Cap: $53.04 billion
  • Outstanding Shares: 752,600,000
Average Prices:
  • 50 Day Moving Avg: $71.38
  • 200 Day Moving Avg: $66.57
  • 52 Week Range: $61.68 - $81.85
P/E:
  • Trailing P/E Ratio: 5.32
  • Foreward P/E Ratio: 16.62
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $19.31 billion
  • Price / Sales: 2.75
  • Book Value: $34.76 per share
  • Price / Book: 2.03
Dividend:
  • Annual Dividend: $2.96
  • Dividend Yield: 4.3%
Profitability:
  • EBIDTA: $5.16 billion
Debt:
  • Debt-to-Equity Ratio: 2.23%
  • Current Ratio: 0.75%
  • Quick Ratio: 0.70%
Misc:
  • Average Volume: 518,832 shs.
  • Beta: 0.43
  • Short Ratio: 1.88
 

Frequently Asked Questions for National Grid plc (NYSE:NGG)

What is National Grid plc's stock symbol?

National Grid plc trades on the New York Stock Exchange (NYSE) under the ticker symbol "NGG."

How often does National Grid plc pay dividends? What is the dividend yield for National Grid plc?

National Grid plc announced a special dividend on Monday, May 22nd. Investors of record on Friday, June 2nd will be given a dividend of $1.872 per share on Wednesday, August 16th. The ex-dividend date is Wednesday, May 31st. This is a boost from National Grid plc's previous special dividend of $0.93. View National Grid plc's Dividend History.

Where is National Grid plc's stock going? Where will National Grid plc's stock price be in 2017?

14 equities research analysts have issued 1-year price targets for National Grid plc's shares. Their predictions range from $69.00 to $69.00. On average, they expect National Grid plc's share price to reach $69.00 in the next year. View Analyst Ratings for National Grid plc.

What are analysts saying about National Grid plc stock?

Here are some recent quotes from research analysts about National Grid plc stock:

  • 1. According to Zacks Investment Research, "NATIONAL GRID -ADR is an international energy delivery business, whose principal activities are in the regulated electricity and gas industries. They own and operate the high-voltage electricity transmission network in England and Wales, and Britain's natural gas transportation system. In the US they are one of the top ten electricity companies, with the largest electricity transmission and distribution network in the New England/New York region. " (5/23/2017)
  • 2. Berenberg Bank analysts commented, "The bond-market-led fall in National Grid's share price at the end of 2016 has created an opportunity to buy this robust income stock. We do not believe that the current share price fairly reflects the GBP4bn net proceeds that National Grid expects to return to shareholders from the sale of its Gas Distribution stake starting in Q2 2017. We believe National Grid is mispriced, so we upgrade it to Buy." (1/20/2017)

Are investors shorting National Grid plc?

National Grid plc saw a increase in short interest in May. As of May 15th, there was short interest totalling 1,877,019 shares, an increase of 80.5% from the April 28th total of 1,040,048 shares. Based on an average daily volume of 485,156 shares, the days-to-cover ratio is presently 3.9 days.

Who are some of National Grid plc's key competitors?

Who owns National Grid plc stock?

National Grid plc's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.35%), Bank of America Corp DE (0.33%), Wells Fargo & Company MN (0.25%), Miller Howard Investments Inc. NY (0.17%), Hennessy Advisors Inc. (0.15%) and Macquarie Group Ltd. (0.15%). View Institutional Ownership Trends for National Grid plc.

Who sold National Grid plc stock? Who is selling National Grid plc stock?

National Grid plc's stock was sold by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Bank of America Corp DE, Renaissance Technologies LLC, United Capital Financial Advisers LLC, US Bancorp DE, KCG Holdings Inc., Hennessy Advisors Inc. and Reaves W H & Co. Inc.. View Insider Buying and Selling for National Grid plc.

Who bought National Grid plc stock? Who is buying National Grid plc stock?

National Grid plc's stock was purchased by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Jane Street Group LLC, Global Financial Private Capital LLC, Wells Fargo & Company MN, Karp Capital Management Corp, Thornburg Investment Management Inc., Mondrian Investment Partners LTD and Parametric Portfolio Associates LLC. View Insider Buying and Selling for National Grid plc.

How do I buy National Grid plc stock?

Shares of National Grid plc can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of National Grid plc stock cost?

One share of National Grid plc stock can currently be purchased for approximately $70.48.

Analyst Ratings

Consensus Ratings for National Grid plc (NYSE:NGG) (?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.21)
Consensus Price Target: $69.00 (2.10% downside)

Analysts' Ratings History for National Grid plc (NYSE:NGG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Bank of America CorpUpgradeNeutral -> BuyLowView Rating Details
5/12/2017Barclays PLCReiterated RatingOverweight -> Equal Weight$69.00LowView Rating Details
5/11/2017Berenberg BankDowngradeBuy -> HoldLowView Rating Details
5/4/2017Royal Bank of CanadaDowngradeOutperform -> Sector PerformMediumView Rating Details
3/21/2017BNP ParibasUpgradeUnderperform -> NeutralMediumView Rating Details
3/17/2017Societe GeneraleUpgradeSell -> HoldLowView Rating Details
1/13/2017InvestecUpgradeHold -> BuyN/AView Rating Details
12/9/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
12/9/2016Beaufort SecuritiesReiterated RatingBuyN/AView Rating Details
12/1/2016ArgusUpgradeHold -> BuyN/AView Rating Details
11/29/2016Goldman Sachs Group IncInitiated CoverageSellN/AView Rating Details
9/23/2016Jefferies Group LLCReiterated RatingHoldN/AView Rating Details
9/7/2016Sanford C. BernsteinDowngradeOutperform -> Market PerformN/AView Rating Details
8/3/2016Citigroup IncReiterated RatingNeutralN/AView Rating Details
5/5/2016MacquarieDowngradeNeutral -> UnderperformN/AView Rating Details
5/4/2016JPMorgan Chase & Co.UpgradeNeutral -> OverweightN/AView Rating Details
10/5/2015Morgan StanleyReiterated RatingOverweightN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for National Grid plc (NYSE:NGG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for National Grid plc (NYSE:NGG)
Current Year EPS Consensus Estimate: $4.10 EPS
Next Year EPS Consensus Estimate: $4.24 EPS

Dividends

Current Dividend Information for National Grid plc (NYSE:NGG)
Next Dividend:8/16/2017
Annual Dividend:$2.96
Dividend Yield:4.20%
Dividend Growth:0.10% (3 Year Average)
Payout Ratio:72.20% (Based on This Year's Estimates)
69.81% (Based on Next Year's Estimates)
Dividend Payments by Quarter for National Grid plc (NYSE:NGG)

Dividend History by Quarter for National Grid plc (NYSE:NGG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/22/2017special$1.875/31/20176/2/20178/16/2017
4/21/2017special$5.424.92%5/17/20175/19/20176/2/2017
11/10/2016$0.9311/22/201611/25/20161/11/2017
5/19/2016$2.026/1/20166/3/20168/10/2016
11/10/2015interim$1.1211/24/201511/27/20151/13/2016
5/22/2015semiannual$2.194.43%6/3/20156/5/20158/5/2015
11/11/2014semiannual$1.174.21%11/19/201411/21/20141/7/2015
5/16/2014semiannual$2.314.29%6/4/20146/6/20148/20/2014
11/25/2013semiannual$1.175%12/4/201312/6/20131/22/2014
5/29/2013semiannual$2.016.65%6/5/20136/7/20138/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for National Grid plc (NYSE:NGG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for National Grid plc (NYSE:NGG)
Latest Headlines for National Grid plc (NYSE:NGG)
Source:
DateHeadline
americanbankingnews.com logoNational Grid plc (ngg) Plans Dividend Increase - $1.87 Per Share
www.americanbankingnews.com - May 23 at 9:30 AM
americanbankingnews.com logoNational Grid plc (NGG) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 23 at 8:36 AM
finance.yahoo.com logoNational Grid Plc : NGG-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 19, 2017
finance.yahoo.com - May 19 at 7:17 PM
seekingalpha.com logoNational Grid plc 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - May 19 at 11:33 AM
nasdaq.com logoBUZZ-U.S. STOCKS ON THE MOVE-Target, AbbVie, Disney, UnitedHealth - Nasdaq
www.nasdaq.com - May 17 at 8:59 AM
americanbankingnews.com logoNational Grid plc (NGG) Raised to Buy at Bank of America Corp
www.americanbankingnews.com - May 15 at 11:26 AM
americanbankingnews.com logoNational Grid plc (NGG) Downgraded to "Hold" at Berenberg Bank
www.americanbankingnews.com - May 14 at 8:46 AM
americanbankingnews.com logoNational Grid plc's (NGG) "Equal Weight" Rating Reaffirmed at Barclays PLC
www.americanbankingnews.com - May 12 at 10:30 AM
americanbankingnews.com logoNational Grid plc Expected to Post FY2017 Earnings of $4.00 Per Share (NGG)
www.americanbankingnews.com - May 8 at 9:44 AM
americanbankingnews.com logoNational Grid plc (NGG) Cut to "Sector Perform" at Royal Bank of Canada
www.americanbankingnews.com - May 7 at 1:36 PM
americanbankingnews.com logoNational Grid plc (NGG) Receiving Somewhat Negative Press Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 11:00 PM
americanbankingnews.com logoNational Grid plc (NGG) Getting Somewhat Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 7:59 PM
morningstar.co.uk logoTOP NEWS: National Grid Requests Update To Niagara Mohawk Rates
www.morningstar.co.uk - April 28 at 7:49 PM
americanbankingnews.com logoNational Grid plc (NGG) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 28 at 12:46 PM
americanbankingnews.com logoNational Grid plc (NGG) Receiving Favorable Media Coverage, Analysis Shows
www.americanbankingnews.com - April 25 at 10:08 AM
americanbankingnews.com logoNational Grid plc Declares Special Dividend of $5.42 (NGG)
www.americanbankingnews.com - April 21 at 7:24 PM
prnewswire.com logoTechnical Reports on Utilities Equities -- CenterPoint Energy, American Water Works, National Grid, - PR Newswire (press release)
www.prnewswire.com - April 21 at 9:34 AM
marketwatch.com logoNational Grid plans share consolidation
www.marketwatch.com - April 20 at 9:16 AM
americanbankingnews.com logoNational Grid plc (NGG) Receives Daily Media Impact Score of 0.57
www.americanbankingnews.com - April 17 at 10:31 AM
americanbankingnews.com logoZacks Investment Research Upgrades National Grid plc (NGG) to Hold
www.americanbankingnews.com - April 16 at 9:45 AM
americanbankingnews.com logoNational Grid plc (NGG) Earning Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 14 at 2:52 PM
seekingalpha.com logoNational Grid raises 2017 earnings guidance - Seeking Alpha
seekingalpha.com - April 13 at 8:18 AM
morningstar.co.uk logoEXTRA: National Grid Annual Earnings To Get Boost From Timing Impacts
www.morningstar.co.uk - April 13 at 12:46 AM
rttnews.com logoNational Grid Expects Net Benefit To FY EPS To Be 5p Higher Than Prior View
www.rttnews.com - April 12 at 9:29 AM
News IconBRIEF-National Grid says headline FY results to show higher favourable timing in UK,U.S. businesses
www.businessinsider.com - April 12 at 9:29 AM
marketwatch.com logoNational Grid lifts full-year earnings target
www.marketwatch.com - April 12 at 9:28 AM
nytimes.com logoNational Grid Sees Higher Full-Year Earnings
www.nytimes.com - April 12 at 9:28 AM
finance.yahoo.com logo[$$] Green energy glut risks UK paying for cut in power generation
finance.yahoo.com - April 7 at 11:28 AM
finance.yahoo.com logo[$$] Investors Are Building Their Own Green-Power Lines
finance.yahoo.com - April 7 at 11:28 AM
ft.com logo[$$] National Grid calls for rule change so it can own storage
www.ft.com - April 2 at 6:40 PM
marketwatch.com logoNational Grid faces loss of gas-related allowance
www.marketwatch.com - March 31 at 9:17 AM
uk.finance.yahoo.com logo2 of the safest FTSE 100 dividends for your ISA
uk.finance.yahoo.com - March 31 at 9:17 AM
uk.finance.yahoo.com logoUK GAS-Prompt prices edge higher on slight undersupply
uk.finance.yahoo.com - March 30 at 5:30 AM
rttnews.com logoNational Grid Updates On UK Electricity Transmission Allowances
www.rttnews.com - March 28 at 10:09 AM
uk.finance.yahoo.com logoBUZZ-National Grid: star broker gets behind stock
uk.finance.yahoo.com - March 24 at 8:50 AM
bloomberg.com logoSunrun Maintaining Cash Position But Investors Looking for More
www.bloomberg.com - March 21 at 6:41 PM
feeds.benzinga.com logoMid-Afternoon Market Update: Crude Oil Down 1.5%; Canadian Solar Shares Drop On Earnings Miss
feeds.benzinga.com - March 21 at 3:17 PM
uk.finance.yahoo.com logoUK GAS-Prompt prices rise on milder temperatures, lower imports
uk.finance.yahoo.com - March 21 at 11:33 AM
americanbankingnews.com logoBNP Paribas Upgrades National Grid plc (NGG) to "Neutral"
www.americanbankingnews.com - March 21 at 10:43 AM
americanbankingnews.com logoSociete Generale Analysts Give National Grid plc (NG) a GBX 990 Price Target
www.americanbankingnews.com - March 20 at 6:42 AM
rttnews.com logoNational Grid Says EU Cleares Sale Of 61% Stake In UK Gas Distribution Business
www.rttnews.com - March 17 at 6:58 PM
uk.finance.yahoo.com logoUK GAS-Prices firm slightly on lower Norwegian supplies, higher exports
uk.finance.yahoo.com - March 17 at 8:33 AM
morningstar.co.uk logoTOP NEWS: National Grid GBP3.60 Billion UK Gas Sale Cleared In Europe
www.morningstar.co.uk - March 16 at 7:32 PM
uk.finance.yahoo.com logoVitol launches JV for British battery storage projects
uk.finance.yahoo.com - February 28 at 10:25 AM
fool.com logoThe 1 High-Yield Dividend Stock I Want to Own in 2017
www.fool.com - February 25 at 6:26 PM
uk.finance.yahoo.com logoAre these the FTSE 100’s best value stocks?
uk.finance.yahoo.com - February 12 at 4:58 AM
fool.com logoIf You're Retired, Consider Buying These 3 Stocks
www.fool.com - February 11 at 6:55 PM
uk.finance.yahoo.com logoUK 2017 power capacity auction ends with price of 5-10 stg/KW/yr
us.rd.yahoo.com - February 3 at 7:35 PM
uk.finance.yahoo.com logoNational Grid confident on prospects for UK-EU power links
uk.finance.yahoo.com - January 25 at 8:58 PM
nasdaq.com logoInteresting NGG Put And Call Options For September 15th
www.nasdaq.com - January 23 at 7:07 PM

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Chart

National Grid plc (NGG) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff