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LON:NG

National Grid (NG) Share Price, News & Analysis

National Grid logo
GBX 993.80 +29.80 (+3.09%)
(As of 11/22/2024 ET)

About National Grid Stock (LON:NG)

Key Stats

Today's Range
971.40
1,000.50
50-Day Range
960.60
1,056
52-Week Range
645
1,145.50
Volume
8.53 million shs
Average Volume
N/A
Market Capitalization
£48.60 billion
P/E Ratio
1,806.91
Dividend Yield
5.74%
Price Target
GBX 1,181.25
Consensus Rating
Buy

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.

National Grid Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
27th Percentile Overall Score

NG MarketRank™: 

National Grid scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 3 research reports in the past 90 days.

  • Read more about National Grid's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of National Grid is 1,806.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of National Grid is 1,806.91, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 99.28.

  • 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 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for NG.
  • 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.

  • Read more about National Grid's dividend.
  • Short Interest

    There is no current short interest data available for NG.
  • News Sentiment

    National Grid has a news sentiment score of -0.09. 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 0.71 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for National Grid this week, compared to 4 articles on an average week.
  • Search Interest

    Only 11 people have searched for NG on MarketBeat in the last 30 days. This is a decrease of -35% 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 -50% compared to the previous 30 days.
  • 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 £2,286,251.44 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.

  • Read more about National Grid's insider trading history.
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NG Stock News Headlines

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National Grid Regulatory News
UBS Remains a Buy on National Grid (NG)
See More Headlines

NG Stock Analysis - Frequently Asked Questions

National Grid's stock was trading at GBX 1,058 on January 1st, 2024. Since then, NG shares have decreased by 6.1% and is now trading at GBX 993.80.
View the best growth stocks for 2024 here
.

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.

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
11/22/2024
Dividend Payable
1/14/2025

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
Precious Metals
CIK
N/A
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
+22.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
£2.22 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£19.85 billion
Cash Flow
GBX 76.49 per share
Book Value
GBX 803 per share

Miscellaneous

Outstanding Shares
4,890,000,000
Free Float
N/A
Market Cap
£47.14 billion
Optionable
Not Optionable
Beta
0.25
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This page (LON:NG) was last updated on 11/23/2024 by MarketBeat.com Staff
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