Avangrid, Inc. (AGR)
| Market Cap | 13.84B |
| Revenue (ttm) | 8.26B |
| Net Income (ttm) | 892.00M |
| Shares Out | 386.91M |
| EPS (ttm) | 2.31 |
| PE Ratio | 15.52 |
| Forward PE | 15.81 |
| Dividend | $1.76 (4.91%) |
| Ex-Dividend Date | Jun 3, 2024 |
| Volume | 3,061,139 |
| Open | 35.80 |
| Previous Close | 37.53 |
| Day's Range | 35.67 - 35.87 |
| 52-Week Range | 27.46 - 39.22 |
| Beta | 0.55 |
| Analysts | Sell |
| Price Target | 34.50 (-3.74%) |
| Earnings Date | Apr 23, 2024 |
About 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 ... [Read more]
Financial Performance
In 2023, Avangrid's revenue was $8.31 billion, an increase of 4.87% compared to the previous year's $7.92 billion. Earnings were $786.00 million, a decrease of -10.78%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for AGR stock is "Sell." The 12-month stock price forecast is $34.5, which is a decrease of -3.74% from the latest price.
News
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Avangrid, Inc. - AGR
NEW YORK , May 17, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securitie...
AGR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Avangrid, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Avangrid, Inc. (NYSE: AGR) to Iberdrola, S.A. for $35.75 per share is fair to Avangrid sh...
Shareholder Alert: Ademi LLP investigates whether Avangrid, Inc. has obtained a Fair Price for its Public Shareholders
MILWAUKEE , May 17, 2024 /PRNewswire/ -- Ademi LLP is investigating Avangrid (NYSE: AGR) for possible breaches of fiduciary duty and other violations of law in its transaction with Iberdrola. Click he...
Avangrid to Be Acquired by Iberdrola
ORANGE, Conn.--(BUSINESS WIRE)--Today Avangrid, Inc. (NYSE: AGR) (“Company,” “Avangrid,” “we” or “our”), a leading sustainable energy company, and a member of the group of companies controlled by Iber...
Exclusive: Iberdrola nears $2.6 billion deal to buy rest of Avangrid, sources say
Spanish utility Iberdrola is nearing a deal to acquire the remaining 18.4% stake in its U.S. subsidiary Avangrid that it does not already own for about $2.6 billion, people familiar with the matter sa...
Avangrid Named Handshake Early Talent Award Winner
ORANGE, Conn.--(BUSINESS WIRE)-- #EarlyTalent--Avangrid Named Handshake Early Talent Award Winner.
Avangrid's Seventh Innovation Forum Brings Together Top Universities, National Labs and Incubators to Spark Collaboration
ORANGE, Conn.--(BUSINESS WIRE)-- #Innovation--Avangrid's Seventh Innovation Forum Brings Together Top Universities, National Labs and Incubators to Spark Collaboration.
Avangrid's Innovative Condor Conservation Plan Contributes to Rearing of 12 California Condors
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has successfully met and exceeded condition...
Statement From Avangrid CEO Pedro Azagra on Groundbreaking of New Array Technologies Manufacturing Facility in New Mexico
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today issued a statement from Avangrid CEO Pedro Azagra on the groun...
Avangrid CEO Pedro Azagra Named City & State Trailblazer in Clean Energy
ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid CEO Pedro Azagra Named City & State Trailblazer in Clean Energy.
Avangrid First Quarter 2024 Financial Results Available on Company's Website
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) posted its first quarter 2024 financial results in the Investors section of the Company's website. Interested parties can access using the fol...
Forbes Names Avangrid Among America's Best Employers for Diversity
ORANGE, Conn.--(BUSINESS WIRE)-- #AmericasBestEmployersforDiversity--Forbes Names Avangrid Among America's Best Employers for Diversity.
Avangrid's 2023 Sustainability Report Surpasses Previous Year Results on Climate Action
ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--On Earth Day, Avangrid's 2023 Sustainability Report Surpasses Previous Year Results on Climate Action.
Avangrid Featured on “EARTH with John Holden” to Kick off Earth Week
ORANGE, Conn.--(BUSINESS WIRE)-- #AcceleratingTransformation--Avangrid Featured on “EARTH with John Holden” to Kick off Earth Week.
Avangrid Thanks Southern Connecticut Gas Employee for 51 Years of Service
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Thanks Southern Connecticut Gas Employee for 51 Years of Service.
Avangrid Launches Lineworker Recruitment Efforts to Mark Lineworker Appreciation Day
ORANGE, Conn.--(BUSINESS WIRE)-- #LineworkerAppreciationDay--Avangrid Launches Lineworker Recruitment Efforts to Mark Lineworker Appreciation Day.
Avangrid Receives Final Shipment of Solar Panels at True North Solar Project in Texas, a Key Step Toward On-Time Construction
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it received its final shipment of solar panels...
Avangrid Schedules First Quarter 2024 Earnings
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) will be releasing its first quarter 2024 financial results on Tuesday, April 23, 2024, after the market closes. All first quarter earnings inf...
Avangrid Declares Quarterly Dividend
ORANGE, Conn.--(BUSINESS WIRE)--Today Avangrid, Inc. (NYSE: AGR) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock. This dividend is payable Ju...
Construction Begins at Avangrid's First California Solar Farm
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that construction is now underway at the Camino Sol...
Avangrid Recognized for Job Quality Performance by JUST Capital
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Recognized for Job Quality Performance by JUST Capital.
Avangrid and Statkraft Establish U.S. Relationship with Virtual Power Purchase Agreement (VPPA)
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe's largest producer of renewable energy, today...
Avangrid Dispatches UI Crews, Resources to Assist Restoration Efforts in Maine
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, has deployed 103 lineworkers, 81 tree crews, 41 bucket and digger de...
Vineyard Wind Named Climate Change Project of the Year by Environmental Business Council of New England
BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in green ener...
Avangrid Receives Federal Record of Decision for New England Wind
BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has received the federal Record of Decision (ROD) f...