NYSE:NGG

National Grid Stock Forecast, Price & News

$54.56

-0.08 (-0.15 %)

(As of 09/28/2020 12:00 AM ET)

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Today's Range

$54.56

Now: $54.56▼

$55.20

50-Day Range

$53.50

MA: $56.47▼

$59.22

52-Week Range

$44.29

Now: $54.56▼

$69.08

Volume318,594 shs

Average Volume574,845 shs

Market Capitalization$40.24 billion

P/E Ratio15.46

Dividend Yield7.30%

Beta0.37

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 and Other Activities segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,200 kilometers of overhead lines; 1,560 kilometers of underground cables; and 346 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 7,660 kilometers of high-pressure pipes and 24 compressor stations connecting 8 distribution networks in Great Britain, as well as other 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. This segment's assets comprise 14,293 kilometers of overhead lines; 168 kilometers of underground cables; 387 transmission substations; and 740 distribution substations. It also engages in owning and operating gas distribution networks in upstate New York, New York City, Long Island, Massachusetts, and Rhode Island. The National Grid Ventures and Other Activities segment engages in the commercial operations in metering, LNG importation terminal, and electricity interconnectors businesses, 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.

Beat the Market (BTM) Rank^™

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 462 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
National Grid has received 635 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
National Grid has received 57.89% “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.

1.7 Dividend Strength

Dividend Leadership
National Grid is a leading dividend payer. It pays a dividend yield of 7.30%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
National Grid has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of National Grid is 113.03%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, National Grid will have a dividend payout ratio of 109.62% in the coming year. This indicates that National Grid may not be able to sustain their current 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 4.30% of the stock of National Grid is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for National Grid are expected to grow by 4.60% in the coming year, from $3.48 to $3.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of National Grid is 15.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Grid is 15.46, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 20.28.
Price to Earnings Growth Ratio
National Grid has a PEG Ratio of 4.64. 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 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.13 out of 5 stars

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

Debt

Debt-to-Equity Ratio1.36

Current Ratio0.68

Quick Ratio0.61

Price-To-Earnings

Trailing P/E Ratio15.46

Forward P/E Ratio15.68

P/E Growth4.64

Sales & Book Value

Annual Sales$18.62 billion

Price / Sales2.16

Cash Flow$6.15 per share

Price / Cash Flow8.87

Book Value$33.76 per share

Price / Book1.62

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees23,069

Outstanding Shares737,497,000

Market Cap$40.24 billion

Next Earnings DateN/A

OptionableOptionable

$54.56

-0.08 (-0.15 %)

(As of 09/28/2020 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 Coronavirus?

National Grid's stock was trading at $59.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NGG shares have decreased by 8.2% and is now trading at $54.56.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of National Grid?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Grid in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for National Grid.

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

National Grid announced a semi-annual dividend on Friday, June 19th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $2.0126 per share on Wednesday, August 19th. This represents a yield of 5.1%. The ex-dividend date is Wednesday, July 1st.
View National Grid's dividend history.

Are investors shorting National Grid?

National Grid saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 539,200 shares, a decline of 50.1% from the August 31st total of 1,080,000 shares. Based on an average daily trading volume, of 426,100 shares, the days-to-cover ratio is presently 1.3 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 Tc Pipelines (TRP), Enterprise Products Partners (EPD), Kinder Morgan (KMI), Williams Companies (WMB), Energy Transfer LP Unit (ET), Equitrans Midstream (ETRN), Western Midstream Partners (WES), Targa Resources (TRGP), Antero Midstream (AM), DCP Midstream (DCP), TC Pipelines (TCP), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), USA Compression Partners (USAC) and Rattler Midstream (RTLR).
View all 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 (NG), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Pfizer (PFE), Intel (INTC), Johnson & Johnson (JNJ), General Electric (GE), Cisco Systems (CSCO) 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 50)
Mr. Dean L. Seavers, Exec. Director of US & Exec. Director (Age 58)
Ms. Lucy Nicola Shaw, Exec. Director of UK & Exec. Director (Age 50)
Mr. Andrew J. Agg, CFO & Exec. Director
Ms. Lisa M. Lambert, Sr. VP and Chief Technology & Innovation Officer

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 institutional and retail investors. Top institutional investors include Bank of America Corp DE (0.42%), Federated Hermes Inc. (0.26%), Raymond James & Associates (0.18%), Goldman Sachs Group Inc. (0.10%), Hennessy Advisors Inc. (0.07%) and Envestnet Asset Management Inc. (0.07%).

Which institutional investors are selling National Grid stock?

NGG stock was sold by a variety of institutional investors in the last quarter, including Raymond James & Associates, Bank of America Corp DE, Goldman Sachs Group Inc., Miller Howard Investments Inc. NY, Federated Hermes Inc., Russell Investments Group Ltd., Bank of New York Mellon Corp, and Neuberger Berman Group LLC.

Which institutional investors are buying National Grid stock?

NGG stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Beach Investment Counsel Inc. PA, Atria Investments LLC, FNY Investment Advisers LLC, Verition Fund Management LLC, Elevated Capital Advisors LLC, Strategy Asset Managers LLC, and Park Avenue Securities LLC.

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 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 $54.56.

How big of a company is National Grid?

National Grid has a market capitalization of $40.24 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 9/28/2020 by MarketBeat.com Staff

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