National Grid Transco, PLC Company Profile (NYSE:NGG)

About National Grid Transco, PLC (NYSE:NGG)

National Grid Transco, 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: Multiline Utilities
  • Sub-Industry: N/A
  • Symbol: NYSE:NGG
  • CUSIP: N/A
  • Web: www.nationalgrid.com
Capitalization:
  • Market Cap: $42.69207 billion
  • Outstanding Shares: 680,560,000
Average Prices:
  • 50 Day Moving Avg: $63.55
  • 200 Day Moving Avg: $65.72
  • 52 Week Range: $60.08 - $75.29
P/E:
  • Trailing P/E Ratio: 4.18
  • Foreward P/E Ratio: Infinity
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $19.84 billion
  • Price / Sales: 2.13
  • Book Value: $39.10 per share
  • Price / Book: 1.59
Dividend:
  • Annual Dividend: $2.89
  • Dividend Yield: 4.6%
Profitability:
  • EBITDA: $6.71 billion
Debt:
  • Debt-to-Equity Ratio: 1.14%
  • Current Ratio: 1.29%
  • Quick Ratio: 1.25%
Misc:
  • Average Volume: 374,685 shs.
  • Beta: 0.43
  • Short Ratio: 1.79
 

Frequently Asked Questions for National Grid Transco, PLC (NYSE:NGG)

What is National Grid Transco, PLC's stock symbol?

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

How often does National Grid Transco, PLC pay dividends? What is the dividend yield for National Grid Transco, PLC?

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

Where is National Grid Transco, PLC's stock going? Where will National Grid Transco, PLC's stock price be in 2017?

13 analysts have issued 12 month target prices for National Grid Transco, PLC's stock. Their predictions range from $69.00 to $69.00. On average, they expect National Grid Transco, PLC's share price to reach $69.00 in the next twelve months. View Analyst Ratings for National Grid Transco, PLC.

What are analysts saying about National Grid Transco, PLC stock?

Here are some recent quotes from research analysts about National Grid Transco, 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. " (7/26/2017)
  • 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)

Who are some of National Grid Transco, PLC's key competitors?

Who are National Grid Transco, PLC's key executives?

National Grid Transco, PLC's management team includes the folowing people:

  • John Pettigrew, Chief Executive Officer, Executive Director
  • Andrew Robert John Bonfield, Finance Director, Executive Director
  • Richard Adduci, Chief Information Officer
  • Alison Kay, Group General Counsel, Company Secretary
  • Dean Seavers, Executive Director, US , Director
  • Nicola Shaw CBE, Executive Director, UK, Director
  • Mike Westcott, Global Human Resources Director
  • Badar Khan, Group Director Corporate Development & National Grid Ventures
  • George Mayhew, Group Corporate Affairs Director
  • Peter Gershon CBE, Non-Executive Chairman of the Board

Who owns National Grid Transco, PLC stock?

National Grid Transco, PLC's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Treasurer State of Michigan (0.01%), Curbstone Financial Management Corp (0.00%) and Town & Country Bank & Trust CO dba First Bankers Trust CO (0.00%). View Institutional Ownership Trends for National Grid Transco, PLC.

Who sold National Grid Transco, PLC stock? Who is selling National Grid Transco, PLC stock?

National Grid Transco, PLC's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. View Insider Buying and Selling for National Grid Transco, PLC.

Who bought National Grid Transco, PLC stock? Who is buying National Grid Transco, PLC stock?

National Grid Transco, PLC's stock was bought by a variety of institutional investors in the last quarter, including Curbstone Financial Management Corp and Town & Country Bank & Trust CO dba First Bankers Trust CO. View Insider Buying and Selling for National Grid Transco, PLC.

How do I buy National Grid Transco, PLC stock?

Shares of National Grid Transco, 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.

What is National Grid Transco, PLC's stock price today?

One share of National Grid Transco, PLC stock can currently be purchased for approximately $62.01.


MarketBeat Community Rating for National Grid Transco, PLC (NYSE NGG)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  234 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  616
MarketBeat's community ratings are surveys of what our community members think about National Grid Transco, PLC 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.

Analyst Ratings

Consensus Ratings for National Grid Transco, PLC (NYSE:NGG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $69.00 (11.27% upside)
Consensus Price Target History for National Grid Transco, PLC (NYSE:NGG)
Price Target History for National Grid Transco, PLC (NYSE:NGG)
Analysts' Ratings History for National Grid Transco, PLC (NYSE:NGG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/1/2017Berenberg BankUpgradeHold -> BuyLowView Rating Details
7/13/2017HSBC Holdings plcUpgradeHold -> BuyLowView Rating Details
6/20/2017Citigroup Inc.UpgradeNeutral -> BuyLowView Rating Details
6/8/2017Deutsche Bank AGDowngradeHold -> SellLowView Rating Details
5/15/2017Bank of America CorporationUpgradeNeutral -> BuyLowView Rating Details
5/12/2017Barclays PLCReiterated RatingOverweight -> Equal Weight$69.00LowView 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
12/9/2016Beaufort 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
5/5/2016MacquarieDowngradeNeutral -> UnderperformN/AView Rating Details
5/4/2016J P Morgan Chase & CoUpgradeNeutral -> OverweightN/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

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

Estimates

Earnings Estimates for National Grid Transco, PLC (NYSE:NGG)
Current Year EPS Consensus Estimate: $4.15 EPS

Dividends

Current Dividend Information for National Grid Transco, PLC (NYSE:NGG)
Most Recent Dividend:8/16/2017
Annual Dividend:$2.89
Dividend Yield:4.66%
Dividend Growth:0.10% (3 Year Average)
Payout Ratio:69.64% (Based on This Year's Estimates)
Infinity (Based on Next Year's Estimates)
Dividend Payments by Quarter for National Grid Transco, PLC (NYSE:NGG)

Dividend History by Quarter for National Grid Transco, 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 Transco, PLC (NYSE:NGG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for National Grid Transco, PLC (NYSE:NGG)
Latest Headlines for National Grid Transco, PLC (NYSE:NGG)
Source:
DateHeadline
americanbankingnews.com logoNational Grid Transco, PLC (NGG) and CenterPoint Energy (CNP) Critical Review
www.americanbankingnews.com - October 19 at 11:33 AM
fool.co.uk logoWhy I’d buy this Neil Woodford dividend grower over National Grid plc
www.fool.co.uk - October 19 at 6:46 AM
thestreet.com logoWilliams Partners' New York Bay Expansion Project Has Been Placed Into Service; Enables Increased Natural Gas Deliveries To New York City
www.thestreet.com - October 9 at 3:46 PM
News IconPRESS DIGEST- Financial Times - Sept 28
www.businessinsider.com - September 28 at 12:39 PM
americanbankingnews.com logoNational Grid Transco, PLC (NGG) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - September 27 at 2:28 AM
americanbankingnews.com logoNational Grid Transco, PLC (NGG) Sees Large Increase in Short Interest
www.americanbankingnews.com - September 19 at 1:20 AM
finance.yahoo.com logoThis Undervalued Utility Is Buying Back Its Shares at Good Prices
finance.yahoo.com - September 16 at 6:57 AM
finance.yahoo.com logoETFs with exposure to National Grid Plc : September 13, 2017
finance.yahoo.com - September 14 at 8:17 AM
americanbankingnews.com logoSempra Energy (SRE) versus National Grid Transco, PLC (NGG) Financial Survey
www.americanbankingnews.com - September 13 at 12:38 AM
americanbankingnews.com logoNational Grid Transco, PLC (NGG) versus Avangrid (AGR) Critical Survey
www.americanbankingnews.com - September 7 at 12:06 AM
fool.co.uk logoNational Grid plc isn’t the only defensive dividend stock I’d buy today
www.fool.co.uk - September 4 at 7:52 PM
americanbankingnews.com logoNational Grid Transco, PLC (NGG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - September 2 at 2:44 AM
morningstar.co.uk logoOfgem Challenges Costs Of National Grid's Upgrade To Hinkley Point
www.morningstar.co.uk - August 30 at 7:13 AM
marketwatch.com logoOfgem queries National Grid's Hinkley Point costs
www.marketwatch.com - August 30 at 7:13 AM
americanbankingnews.com logoAnalyzing Avangrid (AGR) and National Grid Transco, PLC (NGG)
www.americanbankingnews.com - August 24 at 10:26 PM
finance.yahoo.com logo[$$] National Grid warns on electric car home packs
finance.yahoo.com - August 20 at 8:09 PM
americanbankingnews.com logoSempra Energy (SRE) and National Grid Transco, PLC (NGG) Critical Survey
www.americanbankingnews.com - August 19 at 6:34 AM
americanbankingnews.com logoNational Grid Transco, PLC (NGG) & PPL Corporation (PPL) Head-To-Head Contrast
www.americanbankingnews.com - August 13 at 8:10 PM
finance.yahoo.com logoETFs with exposure to National Grid Plc : August 11, 2017
finance.yahoo.com - August 12 at 6:15 AM
americanbankingnews.com logoReviewing MDU Resources Group (MDU) & National Grid Transco, PLC (NGG)
www.americanbankingnews.com - August 10 at 9:52 AM
americanbankingnews.com logoNational Grid Transco, PLC (NYSE:NGG) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 8 at 7:34 AM
americanbankingnews.com logoNational Grid Transco, PLC (NYSE:NGG) Lifted to Buy at Berenberg Bank
www.americanbankingnews.com - August 1 at 10:11 AM
finance.yahoo.com logoETFs with exposure to National Grid Plc : July 31, 2017
finance.yahoo.com - July 31 at 10:12 PM
americanbankingnews.com logoNiSource (NI) and National Grid Transco, PLC (NYSE:NGG) Critical Contrast
www.americanbankingnews.com - July 28 at 8:31 AM
finance.yahoo.com logoNational Grid Hires Adriana Karaboutis to Lead Global Technology
finance.yahoo.com - July 21 at 3:45 AM
finance.yahoo.com logo[$$] National Grid Hires Global Technology Chief
finance.yahoo.com - July 21 at 3:45 AM
americanbankingnews.com logoNational Grid Transco, PLC (NGG) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 14 at 2:11 PM
finance.yahoo.com logoETFs with exposure to National Grid Plc : July 13, 2017
finance.yahoo.com - July 14 at 6:52 AM
americanbankingnews.com logoNational Grid Transco, PLC (NGG) Lifted to Buy at HSBC Holdings plc
www.americanbankingnews.com - July 13 at 7:50 AM
bloomberg.com logoU.K. Grid Faces Test of 1 Million Electric Cars in 5 Years
www.bloomberg.com - July 13 at 7:17 AM
americanbankingnews.com logoNational Grid Transco, PLC (NGG) Sees Large Drop in Short Interest
www.americanbankingnews.com - July 4 at 7:04 AM
finance.yahoo.com logoETFs with exposure to National Grid Plc : July 3, 2017
finance.yahoo.com - July 4 at 12:40 AM
prnewswire.com logoPre-Market Technical Pulse on Utilities Stocks -- CenterPoint Energy, National Grid, New Jersey Resources, and American Water Works
www.prnewswire.com - June 16 at 8:08 AM
finanznachrichten.de logoAustral Gold Completes Connection to National Grid and Commences Ramp up Testing of New Plant
www.finanznachrichten.de - June 6 at 7:31 PM
morningstar.co.uk logoTOP NEWS: National Grid Commences First Tranche Of Share Buyback
www.morningstar.co.uk - June 3 at 1:11 AM
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
morningstar.co.uk logoTOP NEWS: National Grid Requests Update To Niagara Mohawk Rates
www.morningstar.co.uk - April 28 at 7:49 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
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
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

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Chart

National Grid Transco, PLC (NGG) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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