NYSE:AGR Avangrid (AGR) Stock Price, News & Analysis $35.50 -0.03 (-0.08%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$35.45▼$35.6350-Day Range$35.27▼$36.0452-Week Range$27.46▼$37.70Volume1.83 million shsAverage Volume807,110 shsMarket Capitalization$13.74 billionP/E Ratio15.37Dividend Yield4.96%Price Target$34.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Avangrid alerts: Email Address Avangrid MarketRank™ Stock AnalysisAnalyst RatingReduce1.67 Rating ScoreUpside/Downside2.3% Downside$34.67 Price TargetShort InterestHealthy1.65% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.80Upright™ Environmental ScoreNews Sentiment0.85Based on 9 Articles This WeekInsider TradingAcquiring Shares$5,031 Bought Last QuarterProj. Earnings Growth7.14%From $2.24 to $2.40 Per ShareSee Full Details Hide Full Details 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.3.84 out of 5 starsUtilities Sector34th out of 93 stocksElectric Services Industry19th out of 46 stocks 0.8 Analyst's Opinion Consensus RatingAvangrid has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageAvangrid has received no research coverage in the past 90 days.Read more about Avangrid's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.65% of the float of Avangrid has been sold short.Short Interest Ratio / Days to CoverAvangrid has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Avangrid has recently increased by 8.33%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAvangrid is a leading dividend payer. It pays a dividend yield of 4.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAvangrid does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Avangrid is 76.19%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Avangrid will have a dividend payout ratio of 73.33% next year. This indicates that Avangrid will be able to sustain or increase its dividend.Read more about Avangrid's dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAvangrid has received a 18.83% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Natural gas distribution services", "Main electricity grid operation services", and "Local electricity grid operation services" products. See details.Environmental SustainabilityThe Environmental Impact score for Avangrid is -2.80. Previous Next 3.2 News and Social Media Coverage News SentimentAvangrid has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Avangrid this week, compared to 6 articles on an average week.Search Interest1 people have searched for AGR on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Avangrid to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Avangrid insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,031.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.06% of the stock of Avangrid is held by insiders.Percentage Held by InstitutionsOnly 13.12% of the stock of Avangrid is held by institutions.Read more about Avangrid's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Avangrid are expected to grow by 7.14% in the coming year, from $2.24 to $2.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Avangrid is 15.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Avangrid is 15.37, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.11.Price to Earnings Growth RatioAvangrid has a PEG Ratio of 2.66. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAvangrid has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Avangrid's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. About Avangrid Stock (NYSE:AGR)Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates through Networks and Renewables segments. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. In addition, the company operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. Further, it delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities, as well as generates and provides power and other services to federal and state agencies, institutional retail, and joint action agencies. Additionally, the company delivers thermal output to wholesale customers in the Western United States. It owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 9.3 gigawatts of electricity capacity primarily through wind power in 22 states. Avangrid, Inc. was incorporated in 1997 and is headquartered in Orange, Connecticut. The company operates as a subsidiary of Iberdrola, S.A.Read More AGR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AGR Stock News HeadlinesSeptember 6 at 3:48 AM | businesswire.comIberdrola Subsidiary Avangrid Recognized as a Top Employer 2024 in the United StatesSeptember 6 at 3:48 AM | finance.yahoo.comAvangrid Announces Receipt of Federal Energy Regulatory Commission ApprovalSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.September 4 at 8:16 PM | forbes.comThis Utility Has A 4.94% Yield And Sells For Less Than BookSeptember 3, 2024 | americanbankingnews.comShort Interest in Avangrid, Inc. (NYSE:AGR) Expands By 8.3%September 3, 2024 | americanbankingnews.comAvangrid (NYSE:AGR) Now Covered by StockNews.comAugust 31, 2024 | stockhouse.comAvangrid Reports Significant Gains in Customer Service Metrics Across its UtilitiesAugust 29, 2024 | americanbankingnews.comAvangrid, Inc. Plans Quarterly Dividend of $0.44 (NYSE:AGR)September 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 27, 2024 | stockhouse.comLiberna Charles and Ruth Thompson Named 2024 Women on the Rise by Paradigm for ParityAugust 27, 2024 | finance.yahoo.comAvangrid Completes Module Installation at True North Solar projectAugust 21, 2024 | finance.yahoo.comAvangrid Leverages Data to Boost Grid Reliability and Customer SatisfactionAugust 20, 2024 | finance.yahoo.comAvangrid Subsidiaries NYSEG and RG&E Install More Than 700,000 Smart Meters Across Upstate New YorkAugust 19, 2024 | businesswire.comAVANGRID INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Avangrid, Inc. - AGRAugust 18, 2024 | finance.yahoo.comAGR Sep 2024 30.000 put (AGR240920P00030000)August 15, 2024 | finance.yahoo.comAvangrid and Statkraft Sign Second Virtual Power Purchase Agreement (VPPA) In the Past Nine MonthsAugust 14, 2024 | finance.yahoo.comAvangrid Eclipses 9GW of Installed Capacity at Wind and Solar Sites Powering Over 2 Million HomesAugust 8, 2024 | businesswire.comADDING MULTIMEDIA Avangrid Appoints New Chief Information OfficerSee More Headlines Receive AGR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Avangrid and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/1 Dividend6/03/2024Dividend Payable7/01/2024Last Earnings7/23/2024Ex-Dividend for 10/1 Dividend8/30/2024Today9/07/2024Dividend Payable10/01/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryUtilities Current SymbolNYSE:AGR CUSIPN/A CIK1634997 Webwww.avangrid.com Phone(207) 629-1190FaxN/AEmployees7,999Year FoundedN/APrice Target and Rating Average Stock Price Target$34.67 High Stock Price Target$35.00 Low Stock Price Target$34.00 Potential Upside/Downside-2.3%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.31 Trailing P/E Ratio15.37 Forward P/E Ratio15.85 P/E Growth2.66Net Income$786 million Net Margins11.35% Pretax Margin10.26% Return on Equity4.87% Return on Assets2.28% Debt Debt-to-Equity Ratio0.49 Current Ratio0.52 Quick Ratio0.44 Sales & Book Value Annual Sales$8.60 billion Price / Sales1.60 Cash Flow$5.06 per share Price / Cash Flow7.02 Book Value$53.88 per share Price / Book0.66Miscellaneous Outstanding Shares386,906,000Free Float386,674,000Market Cap$13.74 billion OptionableOptionable Beta0.55 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Pedro Azagra Blazquez (Age 56)CEO & Director Comp: $2.23MMr. R. Scott Mahoney (Age 58)Senior VP, General Counsel & Company Secretary Comp: $1.13MMs. Catherine S. Stempien (Age 54)President & CEO of Avangrid Networks, Inc. Comp: $1.56MMr. Jose Antonio Miranda Soto (Age 52)President & CEO of Avangrid Renewables, LLC Comp: $1.04MMr. Justin B. Lagasse (Age 36)CFO, Senior VP & Controller Ms. Charlotte AncelVice President of Investor RelationsGerman Gonzalez AvecillaVP & Chief Compliance OfficerMs. Kimberly A. Harriman (Age 51)Senior Vice President of State Government Affairs & Corporate Communications Mr. Ignacio Estella (Age 54)Senior Vice President of Corporate Development Ms. Kyra PattersonVP & Chief Human Resources OfficerMore ExecutivesKey CompetitorsConstellation EnergyNASDAQ:CEGAmerican Electric PowerNASDAQ:AEPEnergy TransferNYSE:ETTC EnergyNYSE:TRPExelonNASDAQ:EXCView All CompetitorsInsiders & InstitutionsWater Island Capital LLCBought 33,890 shares on 8/16/2024Ownership: 0.009%Creative PlanningBought 1,862 shares on 8/16/2024Ownership: 0.008%Mackenzie Financial CorpSold 8,646 shares on 8/15/2024Ownership: 0.522%Dark Forest Capital Management LPBought 12,718 shares on 8/15/2024Ownership: 0.003%The Manufacturers Life Insurance Company Bought 8,951 shares on 8/15/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions AGR Stock Analysis - Frequently Asked Questions How have AGR shares performed this year? Avangrid's stock was trading at $32.41 at the beginning of the year. Since then, AGR shares have increased by 9.5% and is now trading at $35.50. View the best growth stocks for 2024 here. How were Avangrid's earnings last quarter? Avangrid, Inc. (NYSE:AGR) posted its quarterly earnings results on Tuesday, July, 23rd. The utilities provider reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.22. The company's quarterly revenue was up 21.2% compared to the same quarter last year. Who are Avangrid's major shareholders? Avangrid's top institutional investors include Mackenzie Financial Corp (0.52%), Millennium Management LLC (0.08%), Gabelli Funds LLC (0.08%) and Dimensional Fund Advisors LP (0.07%). View institutional ownership trends. How do I buy shares of Avangrid? Shares of AGR 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 Avangrid own? Based on aggregate information from My MarketBeat watchlists, some other companies that Avangrid investors own include AT&T (T), Casino, Guichard-Perrachon Societe Anonyme (COP), Input Capital (INP), Verizon Communications (VZ), Pfizer (PFE), AbbVie (ABBV) and Advanced Micro Devices (AMD). This page (NYSE:AGR) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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