Avangrid (AGR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $36.02 to $36.02
• 50-Day Range: $35.48 to $36.21
• 52-Week Range: $34.96 to $37.70
• Volume: 10 shs
• Average Volume: 717,900 shs
• Market Capitalization: $13.94 billion
• P/E Ratio: 12.38
• Dividend Yield: 4.89%
• Price Target: N/A
• Consensus Rating: N/A

Avangrid Stock Analysis - MarketRank™

Avangrid scored higher than 34% of companies evaluated by MarketBeat, and ranked 80th out of 92 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Avangrid.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 3.85%

Earnings Growth

Earnings for Avangrid are expected to grow by 3.85% in the coming year, from $2.34 to $2.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Avangrid is 12.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Avangrid is 12.38, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 15.34.

Price to Earnings Growth Ratio

Avangrid has a PEG Ratio of 2.54. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Avangrid has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued 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 AGR.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Avangrid 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 Growth

Avangrid does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Avangrid is 60.48%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Avangrid will have a dividend payout ratio of 72.43% next year. This indicates that Avangrid will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.7 / 5
• Environmental Score: -2.80

Short Interest

There is no current short interest data available for AGR.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 4 news articles for Avangrid this week, compared to 5 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Avangrid insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.06% of the stock of Avangrid is held by insiders.

Percentage Held by Institutions

Only 13.12% of the stock of Avangrid is held by institutions.

AGR Stock Analysis - Frequently Asked Questions

How were Avangrid's earnings last quarter?

Avangrid, Inc. (NYSE:AGR) released its quarterly earnings data on Tuesday, October, 22nd. The utilities provider reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.22. The firm's revenue for the quarter was up 5.5% on a year-over-year basis.

What other stocks do shareholders of Avangrid own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Avangrid investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), Humana (HUM) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 10/22/2024
• Record date for 1/2 Dividend: 12/02/2024
• Ex-Dividend for 1/2 Dividend: 12/02/2024
• Dividend Payable: 1/02/2025
• Today: 4/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric services
• Sub-Industry: Utilities
• Current Symbol: NYSE:AGR
• CIK: 1634997
• Web: www.avangrid.com
• Phone: (207) 629-1190
• Fax: N/A
• Employees: 7,580
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.91
• Trailing P/E Ratio: 12.38
• Forward P/E Ratio: 15.39
• P/E Growth: 2.54
• Net Income: $786 million
• Net Margins: 12.89%
• Pretax Margin: 12.06%
• Return on Equity: 5.37%
• Return on Assets: 2.46%

Debt

• Debt-to-Equity Ratio: 0.52
• Current Ratio: 0.51
• Quick Ratio: 0.44

Sales & Book Value

• Annual Sales: $8.71 billion
• Price / Sales: 1.60
• Cash Flow: $5.15 per share
• Price / Cash Flow: 7.00
• Book Value: $53.46 per share
• Price / Book: 0.67

Miscellaneous

• Outstanding Shares: 386,911,000
• Free Float: 386,679,000
• Market Cap: $13.94 billion
• Optionable: Optionable
• Beta: 0.56