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National Grid (NGG) Stock Price, News & Analysis

$63.62
+0.97 (+1.55%)
(As of 07/26/2024 ET)
Today's Range
$63.14
$63.68
50-Day Range
$55.49
$72.69
52-Week Range
$55.13
$73.40
Volume
519,174 shs
Average Volume
555,601 shs
Market Capitalization
$50.48 billion
P/E Ratio
N/A
Dividend Yield
7.76%
Price Target
N/A

National Grid MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.14% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.21mentions of National Grid in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.39%
From $4.54 to $4.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.39 out of 5 stars

Utilities Sector

89th out of 90 stocks

Natural Gas Transmission Industry

18th out of 18 stocks

NGG stock logo

About National Grid Stock (NYSE:NGG)

National Grid plc transmits and distributes electricity and gas. The company operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain, as well as sale of renewables projects. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

NGG Stock Price History

NGG Stock News Headlines

Kiss of death from Joe Biden
I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.
Kiss of death from Joe Biden
I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.
See More Headlines
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Company Calendar

Ex-Dividend for 7/19 Dividend
6/07/2024
Dividend Payable
7/19/2024
Today
7/27/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Utilities
Industry
Natural gas transmission
Sub-Industry
N/A
Employees
31,425
Year Founded
1990

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$19.85 billion
Cash Flow
$7.92 per share
Book Value
$47.36 per share

Miscellaneous

Free Float
N/A
Market Cap
$50.48 billion
Optionable
Optionable
Beta
0.61

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Key Executives

  • Mr. John Pettigrew FEI (Age 56)
    FIET, CEO & Executive Director
    Comp: $2.99M
  • Mr. Andrew Jonathan Agg (Age 55)
    CFO & Executive Director
    Comp: $1.94M
  • Mr. Shannon J. Soland
    Interim Group Chief Information & Digital Officer
  • Mr. Nicholas James Ashworth C.F.A.
    Director of Investor Relations
  • Ms. Justine Campbell (Age 54)
    Group General Counsel & Company Secretary
  • Mr. William Serle
    Chief People & Culture Officer
  • Mr. David Wright
    Group Chief Engineer
  • Ms. Alice Kyne Delahunty (Age 43)
    President of UK Electricity Transmission
  • Mr. Benjamin Hollis Wilson (Age 50)
    Chief Strategy & Regulation Officer
  • Ms. Sarah Orban Salati
    Chief Commercial Officer of NGV North East Team

Should I Buy National Grid Stock? NGG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in National Grid plc:

  • National Grid plc has received multiple analyst upgrades, indicating positive sentiment and potential for growth in the stock price.
  • Institutional investors have been increasing their stakes in National Grid, reflecting confidence in the company's future performance.
  • The company has a diverse business model operating in various segments, providing stability and potential for revenue growth.
  • Recent acquisitions and stake increases by financial advisors suggest a positive outlook for the company's financial health and growth prospects.
  • The current stock price of National Grid plc is showing a slight increase, indicating potential upward momentum in the near term.

Cons

Investors should be bearish about investing in National Grid plc for these reasons:

  • While the company has seen analyst upgrades, there is always a level of uncertainty in the market that could impact stock performance.
  • Ownership by institutional investors can sometimes lead to volatility in the stock price due to large-scale buying or selling activities.
  • Regulatory changes in the energy sector could affect National Grid's operations and profitability, posing a risk to investors.
  • Market conditions and economic factors can influence the utility sector, impacting National Grid's financial performance and stock price.
  • Investors should consider the debt-to-equity ratio of National Grid plc, as high debt levels can pose risks during economic downturns or interest rate hikes.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these National Grid pros and cons to contact@marketbeat.com.

NGG Stock Analysis - Frequently Asked Questions

How have NGG shares performed this year?

National Grid's stock was trading at $67.99 at the start of the year. Since then, NGG stock has decreased by 6.4% and is now trading at $63.62.
View the best growth stocks for 2024 here
.

Who are National Grid's major shareholders?

National Grid's top institutional shareholders include Raymond James & Associates (0.16%), Hennessy Advisors Inc. (0.02%), Bank of New York Mellon Corp (0.02%) and QRG Capital Management Inc. (0.01%).

How do I buy shares of National Grid?

Shares of NGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of National Grid own?

Based on aggregate information from My MarketBeat watchlists, some other companies that National Grid investors own include National Grid (NG), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Pfizer (PFE), Johnson & Johnson (JNJ) and Intel (INTC).

This page (NYSE:NGG) was last updated on 7/27/2024 by MarketBeat.com Staff

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