NYSE:NGG

National Grid Stock Forecast, Price & News

$59.47

-0.23 (-0.39 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$58.89

Now: $59.47▼

$59.68

50-Day Range

$56.68

MA: $58.49▼

$60.21

52-Week Range

$44.29

Now: $59.47▼

$69.08

Volume253,525 shs

Average Volume304,251 shs

Market Capitalization$44.96 billion

P/E Ratio16.85

Dividend Yield3.75%

Beta0.32

National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,212 kilometers of overhead lines; 2,239 kilometers of underground cables; and 347 substations in England and Wales, as well as Scottish electricity transmission systems. The UK Gas Transmission segment owns and operates gas transmission systems that include approximately 7,630 kilometres of high-pressure pipes; and 24 compressor stations connecting to 8 distribution networks in Great Britain, as well as third-party independent systems and liquefied natural gas (LNG) storage facilities. The US Regulated segments owns and operates transmission facilities across upstate New York, Massachusetts, New Hampshire, Rhode Island, and Vermont; and electricity distribution networks in upstate New York, Massachusetts, and Rhode Island. Its assets comprise 14,659 kilometres of overhead lines, 169 kilometres of underground cables, and 396 transmission substations; an electricity distribution network of approximately 117,488 circuit kilometres and 730 distribution substations; a network of approximately 57,425 kilometres of gas pipeline; and approximately 801 kilometres of gas transmission pipes. The NGV and Other segment engages in the energy metering business; transporting renewable energy long distances through its electricity interconnectors; and storing LNG, as well as property development and insurance activities in the United Kingdom and United States. The company was founded in 1990 and is headquartered in London, the United Kingdom.

MarketRank^™

Overall MarketRank^™

1.42 out of 5 stars

Utilities Sector

79th out of 238 stocks

Natural Gas Transmission Industry

14th out of 34 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for National Grid.

2.1 Community Rank

Outperform Votes
National Grid has received 472 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
National Grid has received 641 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
National Grid has received 57.59% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about National Grid and other stocks. Vote “Outperform” if you believe NGG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NGG will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
National Grid pays a meaningful dividend of 3.75%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
National Grid does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of National Grid is 63.46%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, National Grid will have a dividend payout ratio of 59.89% next year. This indicates that National Grid will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, National Grid insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 4.07% of the stock of National Grid is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for National Grid are expected to grow by 9.36% in the coming year, from $3.42 to $3.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of National Grid is 16.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Grid is 16.85, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 34.61.
Price to Earnings Growth Ratio
National Grid has a PEG Ratio of 6.40. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
National Grid has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Natural gas transmission

Sub-IndustryN/A

SectorUtilities

Current SymbolNYSE:NGG

Previous Symbol

CUSIPN/A

CIK1004315

Webwww.nationalgrid.com

Phone44-20-7004-3000

Employees23,069

Debt

Debt-to-Equity Ratio1.63

Current Ratio0.79

Quick Ratio0.71

Price-To-Earnings

Trailing P/E Ratio16.85

Forward P/E Ratio17.39

P/E Growth6.4

Sales & Book Value

Annual Sales$18.62 billion

Price / Sales2.41

Cash Flow$5.98 per share

Price / Cash Flow9.95

Book Value$32.93 per share

Price / Book1.81

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares756,047,000

Market Cap$44.96 billion

Next Earnings DateN/A

OptionableOptionable

$59.47

-0.23 (-0.39 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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National Grid (NYSE:NGG) Frequently Asked Questions

How has National Grid's stock price been impacted by COVID-19 (Coronavirus)?

National Grid's stock was trading at $59.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NGG shares have increased by 0.1% and is now trading at $59.47.
View which stocks have been most impacted by COVID-19.

Is National Grid a buy right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for National Grid in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" National Grid stock.
View analyst ratings for National Grid or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than National Grid?

Wall Street analysts have given National Grid a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but National Grid wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

National Grid declared a semi-annual dividend on Friday, November 13th. Shareholders of record on Friday, November 27th will be paid a dividend of $1.1285 per share on Wednesday, January 13th. This represents a yield of 4.9%. The ex-dividend date of this dividend is Wednesday, November 25th.
View National Grid's dividend history.

Is National Grid a good dividend stock?

National Grid pays an annual dividend of $2.24 per share and currently has a dividend yield of 3.75%. The dividend payout ratio of National Grid is 63.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, National Grid will have a dividend payout ratio of 59.89% next year. This indicates that National Grid will be able to sustain or increase its dividend.
View National Grid's dividend history.

Are investors shorting National Grid?

National Grid saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 373,400 shares, a decline of 66.4% from the December 15th total of 1,110,000 shares. Based on an average daily trading volume, of 372,900 shares, the days-to-cover ratio is currently 1.0 days.
View National Grid's Short Interest.

Who are some of National Grid's key competitors?

Some companies that are related to National Grid include Enterprise Products Partners (EPD), TC Energy (TRP), Kinder Morgan (KMI), The Williams Companies (WMB), Energy Transfer (ET), Western Midstream Partners (WES), Targa Resources (TRGP), DCP Midstream (DCP), Antero Midstream (AM), Equitrans Midstream (ETRN), Enable Midstream Partners (ENBL), TC PipeLines (TCP), EnLink Midstream (ENLC), Rattler Midstream (RTLR) and USA Compression Partners (USAC).
View all of NGG's competitors.

What other stocks do shareholders of National Grid own?

Based on aggregate information from My MarketBeat watchlists, some companies that other National Grid investors own include National Grid plc (NG.L) (NG), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Pfizer (PFE), Johnson & Johnson (JNJ), Intel (INTC), Cisco Systems (CSCO), General Electric (GE) and Duke Energy (DUK).

Who are National Grid's key executives?

National Grid's management team includes the following people:

Mr. John Pettigrew, CEO & Exec. Director (Age 52)
Mr. Andrew J. Agg, CFO & Exec. Director (Age 51)
Ms. Lucy Nicola Shaw CBE, B.A, MST CBE, Exec. Director of UK & Exec. Director (Age 52)
Kwok Liu, Deputy Treasurer, Funding & Investment
Ms. Lisa M. Lambert, Sr. VP and Chief Technology & Innovation Officer
Ms. Adriana Karaboutis, Group Chief Information & Digital Officer (Age 58)
Mr. Nicholas James Ashworth C.F.A., CFA, Director of Investor Relations
Ms. Justine Campbell, Group Gen. Counsel & Company Sec. (Age 50)
Mr. Andy Doyle, Chief HR Officer (Age 54)
Mr. Kenneth D. Daly, Chief Operating Officer for U.S. Electricity Bus.es

What is National Grid's stock symbol?

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

Who are National Grid's major shareholders?

National Grid's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Gofen & Glossberg LLC IL (0.01%), Crossmark Global Holdings Inc. (0.01%), Fulton Bank N.A. (0.00%), Albert D Mason Inc. (0.00%), Gradient Investments LLC (0.00%) and Burns J W & Co. Inc. NY (0.00%).

Which institutional investors are selling National Grid stock?

NGG stock was sold by a variety of institutional investors in the last quarter, including Albert D Mason Inc., Fulton Bank N.A., Gradient Investments LLC, Gofen & Glossberg LLC IL, and Burns J W & Co. Inc. NY.

Which institutional investors are buying National Grid stock?

NGG stock was purchased by a variety of institutional investors in the last quarter, including Founders Capital Management, and Crossmark Global Holdings Inc..

How do I buy shares of National Grid?

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

What is National Grid's stock price today?

One share of NGG stock can currently be purchased for approximately $59.47.

How big of a company is National Grid?

National Grid has a market capitalization of $44.96 billion and generates $18.62 billion in revenue each year. The utilities provider earns $1.61 billion in net income (profit) each year or $3.53 on an earnings per share basis. National Grid employs 23,069 workers across the globe.

What is National Grid's official website?

The official website for National Grid is www.nationalgrid.com.

How can I contact National Grid?

National Grid's mailing address is 1-3 STRAND, LONDON X0, WC2N 5EH. The utilities provider can be reached via phone at 44-20-7004-3000 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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