National 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
- Market Cap: $48.28 billion
- Outstanding Shares: 689,878,000
- 50 Day Moving Avg: $71.44
- 200 Day Moving Avg: $66.60
- 52 Week Range: $61.68 - $81.85
Sales & Book Value:
- Trailing P/E Ratio: 4.84
- Foreward P/E Ratio: 16.51
- P/E Growth: 0.00
- Annual Revenue: $19.31 billion
- Price / Sales: 2.50
- Book Value: $37.92 per share
- Price / Book: 1.85
- Annual Dividend: $2.96
- Dividend Yield: 4.6%
- Debt-to-Equity Ratio: 2.23%
- Current Ratio: 0.75%
- Quick Ratio: 0.70%
- Average Volume: 521,303 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 declared a special dividend on Monday, May 22nd. Investors of record on Friday, June 2nd will be paid a dividend of $1.872 per share on Wednesday, August 16th. The ex-dividend date of this dividend is Wednesday, May 31st. This is a positive change 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 analysts have issued 1-year price objectives for National Grid plc's shares. Their predictions range from $69.00 to $69.00. On average, they expect National Grid plc's stock price to reach $69.00 in the next twelve months. 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. " (5/26/2017)
- 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)
Are investors shorting National Grid plc?
National Grid plc saw a increase in short interest in the month of 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 short-interest ratio is presently 3.9 days.
Who are some of National Grid plc's key competitors?
Some companies that are related to National Grid plc include CenterPoint Energy (CNP), ONEOK (OKE), Atmos Energy (ATO), WGL Holdings (WGL), AmeriGas Partners, L.P. (APU), Southwest Gas Holdings (SWX), ONE Gas (OGS), New Jersey Resources Corp (NJR), UIL Holdings (UIL), South Jersey Industries (SJI), Transportadora de Gas del Sur SA (TGS), Northwest Natural Gas Co (NWN), Suburban Propane Partners LP (SPH), Chesapeake Utilities (CPK), Clean Energy Fuels Corp (CLNE), Southcross Energy Partners LP (SXE), Delta Natural Gas Company (DGAS) and Gas Natural (EGAS).
Who are National Grid plc's key executives?
National Grid 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
- Mike Westcott, Global Human Resources Director
- Nicola Shaw CBE, Executive Officer, UK
- 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 plc stock?
National Grid plc's stock is owned by a number of of institutional and retail 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.
What is National Grid plc's stock price today?
MarketBeat Community Rating for National Grid plc (NYSE NGG)MarketBeat's community ratings are surveys of what our community members think about National Grid 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.
One share of National Grid plc stock can currently be purchased for approximately $69.99.
Earnings History for National Grid plc (NYSE:NGG)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for National Grid plc (NYSE:NGG)
Current Year EPS Consensus Estimate: $4.10 EPS
Next Year EPS Consensus Estimate: $4.24 EPS
Current Dividend Information for National Grid plc (NYSE:NGG)
|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 History by Quarter for National Grid plc (NYSE NGG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for National Grid plc (NYSE:NGG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for National Grid plc (NYSE:NGG)
Latest Headlines for National Grid plc (NYSE:NGG)
|National Grid plc (NGG) Downgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 28 at 8:36 AM
|Zacks Investment Research Upgrades National Grid plc (NGG) to "Buy"|
www.americanbankingnews.com - May 26 at 7:52 PM
|National Grid plc (ngg) Plans Dividend Increase - $1.87 Per Share|
www.americanbankingnews.com - May 23 at 9:30 AM
|National Grid plc (NGG) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - May 23 at 8:36 AM
|National 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
|National Grid plc 2016 Q4 - Results - Earnings Call Slides|
seekingalpha.com - May 19 at 11:33 AM
|BUZZ-U.S. STOCKS ON THE MOVE-Target, AbbVie, Disney, UnitedHealth - Nasdaq|
www.nasdaq.com - May 17 at 8:59 AM
|National Grid plc (NGG) Raised to Buy at Bank of America Corp|
www.americanbankingnews.com - May 15 at 11:26 AM
|National Grid plc (NGG) Downgraded to "Hold" at Berenberg Bank|
www.americanbankingnews.com - May 14 at 8:46 AM
|National Grid plc's (NGG) "Equal Weight" Rating Reaffirmed at Barclays PLC|
www.americanbankingnews.com - May 12 at 10:30 AM
|National Grid plc Expected to Post FY2017 Earnings of $4.00 Per Share (NGG)|
www.americanbankingnews.com - May 8 at 9:44 AM
|National Grid plc (NGG) Cut to "Sector Perform" at Royal Bank of Canada|
www.americanbankingnews.com - May 7 at 1:36 PM
|National Grid plc (NGG) Receiving Somewhat Negative Press Coverage, AlphaOne Reports|
www.americanbankingnews.com - May 2 at 11:00 PM
|National Grid plc (NGG) Getting Somewhat Positive News Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 29 at 7:59 PM
|TOP NEWS: National Grid Requests Update To Niagara Mohawk Rates|
www.morningstar.co.uk - April 28 at 7:49 PM
|National Grid plc (NGG) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - April 28 at 12:46 PM
|National Grid plc (NGG) Receiving Favorable Media Coverage, Analysis Shows|
www.americanbankingnews.com - April 25 at 10:08 AM
|National Grid plc Declares Special Dividend of $5.42 (NGG)|
www.americanbankingnews.com - April 21 at 7:24 PM
|Technical Reports on Utilities Equities -- CenterPoint Energy, American Water Works, National Grid, - PR Newswire (press release)|
www.prnewswire.com - April 21 at 9:34 AM
|National Grid plans share consolidation|
www.marketwatch.com - April 20 at 9:16 AM
|National Grid plc (NGG) Receives Daily Media Impact Score of 0.57|
www.americanbankingnews.com - April 17 at 10:31 AM
|Zacks Investment Research Upgrades National Grid plc (NGG) to Hold|
www.americanbankingnews.com - April 16 at 9:45 AM
|National Grid plc (NGG) Earning Positive Media Coverage, Analysis Shows|
www.americanbankingnews.com - April 14 at 2:52 PM
|National Grid raises 2017 earnings guidance - Seeking Alpha|
seekingalpha.com - April 13 at 8:18 AM
|EXTRA: National Grid Annual Earnings To Get Boost From Timing Impacts|
www.morningstar.co.uk - April 13 at 12:46 AM
|National Grid Expects Net Benefit To FY EPS To Be 5p Higher Than Prior View|
www.rttnews.com - April 12 at 9:29 AM
|BRIEF-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
|National Grid lifts full-year earnings target|
www.marketwatch.com - April 12 at 9:28 AM
|National Grid Sees Higher Full-Year Earnings|
www.nytimes.com - April 12 at 9:28 AM
|[$$] Green energy glut risks UK paying for cut in power generation|
finance.yahoo.com - April 7 at 11:28 AM
|[$$] Investors Are Building Their Own Green-Power Lines|
finance.yahoo.com - April 7 at 11:28 AM
|[$$] National Grid calls for rule change so it can own storage|
www.ft.com - April 2 at 6:40 PM
|National Grid faces loss of gas-related allowance|
www.marketwatch.com - March 31 at 9:17 AM
|2 of the safest FTSE 100 dividends for your ISA|
uk.finance.yahoo.com - March 31 at 9:17 AM
|UK GAS-Prompt prices edge higher on slight undersupply|
uk.finance.yahoo.com - March 30 at 5:30 AM
|National Grid Updates On UK Electricity Transmission Allowances|
www.rttnews.com - March 28 at 10:09 AM
|BUZZ-National Grid: star broker gets behind stock|
uk.finance.yahoo.com - March 24 at 8:50 AM
|Sunrun Maintaining Cash Position But Investors Looking for More|
www.bloomberg.com - March 21 at 6:41 PM
|Mid-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 GAS-Prompt prices rise on milder temperatures, lower imports|
uk.finance.yahoo.com - March 21 at 11:33 AM
|BNP Paribas Upgrades National Grid plc (NGG) to "Neutral"|
www.americanbankingnews.com - March 21 at 10:43 AM
|Societe Generale Analysts Give National Grid plc (NG) a GBX 990 Price Target|
www.americanbankingnews.com - March 20 at 6:42 AM
|National Grid Says EU Cleares Sale Of 61% Stake In UK Gas Distribution Business|
www.rttnews.com - March 17 at 6:58 PM
|UK GAS-Prices firm slightly on lower Norwegian supplies, higher exports|
uk.finance.yahoo.com - March 17 at 8:33 AM
|TOP NEWS: National Grid GBP3.60 Billion UK Gas Sale Cleared In Europe|
www.morningstar.co.uk - March 16 at 7:32 PM
|Vitol launches JV for British battery storage projects|
uk.finance.yahoo.com - February 28 at 10:25 AM
|The 1 High-Yield Dividend Stock I Want to Own in 2017|
www.fool.com - February 25 at 6:26 PM
|Are these the FTSE 100’s best value stocks?|
uk.finance.yahoo.com - February 12 at 4:58 AM
|If You're Retired, Consider Buying These 3 Stocks|
www.fool.com - February 11 at 6:55 PM
|UK 2017 power capacity auction ends with price of 5-10 stg/KW/yr|
us.rd.yahoo.com - February 3 at 7:35 PM
National Grid plc (NGG) Chart for Monday, May, 29, 2017