National Grid (NG) Share Price, News & Analysis

Company Overview

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain, as well as sale of renewables projects. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

Key Stats

• Today's Range: 919.20 to 931.35
• 50-Day Range: 921.60 to 1,031.50
• 52-Week Range: 645 to 1,145.50
• Volume: 20.49 million shs
• Average Volume: N/A
• Market Capitalization: £45.41 billion
• P/E Ratio: 1,688.36
• Dividend Yield: 6.14%
• Price Target: GBX 1,181.25
• Consensus Rating: Buy

National Grid Stock Analysis - MarketRank™

National Grid scored higher than 41% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

National Grid has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

National Grid has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of National Grid is 1,688.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of National Grid is 1,688.36, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 95.36.

Price to Earnings Growth Ratio

National Grid has a PEG Ratio of 2.06. 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 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

National Grid is a leading dividend payer. It pays a dividend yield of 5.72%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

National Grid does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of National Grid is 10,363.64%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: 1.3 / 5
• Environmental Score: -4.44

Short Interest

There is no current short interest data available for NG.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.15

News Sentiment

National Grid has a news sentiment score of -0.15. 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 lower news sentiment than the 0.65 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for National Grid this week, compared to 5 articles on an average week.

Search Interest

Only 5 people have searched for NG on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added National Grid to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, National Grid insiders have bought more of their company's stock than they have sold. Specifically, they have bought £2,286,251.52 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 0.18% of the stock of National Grid is held by insiders.

Percentage Held by Institutions

59.40% of the stock of National Grid is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NG Stock Analysis - Frequently Asked Questions

How have NG shares performed this year?

National Grid's stock was trading at GBX 1,058 at the beginning of the year. Since then, NG stock has decreased by 12.2% and is now trading at GBX 928.60.
View the best growth stocks for 2024 here.

How do I buy shares of National Grid?

Shares of NG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of National Grid own?

Based on aggregate information from My MarketBeat watchlists, some other companies that National Grid investors own include Aviva (AV), BP (BP), Legal & General Group (LGEN), Meta Platforms (META), Glencore (GLEN), NVIDIA (NVDA) and Coca-Cola (KO).

Company Calendar

• Ex-Dividend for 1/14 Dividend: 11/21/2024
• Today: 12/22/2024
• Dividend Payable: 1/14/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Utilities
• Industry: Utilities - Regulated Electric
• Sub-Industry: Precious Metals
• Current Symbol: LON:NG
• CUSIP: N/A
• CIK: N/A
• Web: www.nationalgridet.com
• Phone: 44 20 7004 3000
• Fax: N/A
• Employees: 10
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 1,181.25
• High Stock Price Target: GBX 1,330
• Low Stock Price Target: GBX 1,070
• Potential Upside/Downside: +27.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.55
• Trailing P/E Ratio: 1,688.36
• Forward P/E Ratio: 13.86
• P/E Growth: 2.06
• Net Income: £2.22 billion
• Net Margins: 11.54%
• Pretax Margin: N/A
• Return on Equity: 7.46%
• Return on Assets: 3.66%

Debt

• Debt-to-Equity Ratio: 161.24
• Current Ratio: 0.91
• Quick Ratio: 0.34

Sales & Book Value

• Annual Sales: £19.85 billion
• Price / Sales: 2.29
• Cash Flow: GBX 73.69 per share
• Price / Cash Flow: 12.60
• Book Value: GBX 803 per share
• Price / Book: 1.16

Miscellaneous

• Outstanding Shares: 4,890,000,000
• Free Float: N/A
• Market Cap: £45.41 billion
• Optionable: Not Optionable
• Beta: 0.25