Avangrid, Inc. (AGR)
| Market Cap | 13.94B |
| Revenue (ttm) | 8.71B |
| Net Income (ttm) | 1.12B |
| Shares Out | 386.91M |
| EPS (ttm) | 2.90 |
| PE Ratio | 12.42 |
| Forward PE | 15.14 |
| Dividend | $1.76 (4.89%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 2,917,369 |
| Open | 35.65 |
| Previous Close | 35.73 |
| Day's Range | 35.65 - 36.15 |
| 52-Week Range | 29.71 - 37.70 |
| Beta | 0.56 |
| Analysts | Sell |
| Price Target | 34.50 (-4.22%) |
| Earnings Date | Feb 19, 2025 |
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 3 analysts, the average rating for AGR stock is "Sell." The 12-month stock price forecast is $34.5, which is a decrease of -4.22% from the latest price.
News
Avangrid Brings Together Energy Leaders to Pursue Innovation in Grid Modernization, AI, and Resiliency
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, hosted its eighth Innovation Forum at The Engine, a nonprofit Tough Tech incubator founde...
Avangrid Wins Eddy Award for Fifth Time in Five Years
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it earned its fifth prestigious Eddy Award from Pension & Investments f...
Avangrid Delivers First Energy from Powell Creek Solar Project to Ohio Grid, Supporting Putnam County with Jobs and Investment
PUTNAM COUNTY, Ohio--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, announced that its Powell Creek solar project in Putnam County, Ohio has begun to expo...
Avangrid Foundation Supported 89 Charitable Organizations Across the U.S. in 2024
ORANGE, Conn.--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading energy company Avangrid Inc., a member of the Iberdrola Group, today announced that it supported 89 different ...
Avangrid True North Solar Farm Achieves Commercial Operation, Its Largest Solar Project To Date
WACO, Texas--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that its True North Solar project has achieved commercial operation. As Avangr...
Avangrid Wins Two New York Capital Region American Advertising Awards
ALBANY, N.Y.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it recently won two New York Capital Region American Advertising Awards,...
Avangrid's First Time Right Autopilot Transforms Field Operations with Generative AI
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it has deployed a new solution built to transform field operations, res...
Avangrid Continues Outreach Efforts to Hispanic Communities with Roundtable Hosted in Texas
HOUSTON--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, hosted a Hispanic roundtable led by CEO, Pedro Azagra, during our time at the CERAWeek energy conf...
Avangrid Announces $20 Billion Investment Plan for U.S. Grid Infrastructure Through 2030
HOUSTON--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced it has plans to invest $20 billion in U.S. electrical grid infrastructure through ...
Avangrid Recognized as One of the World's Most Ethical Companies® for the 7th Consecutive Year
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced its recognition by Ethisphere for the seventh consecutive year as one of the...
Avangrid Foundation Awards $400,000 to Wildlife Rehabilitation Organizations
ORANGE, Conn.--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading energy company Avangrid Inc., a member of the Iberdrola Group, today announced $400,000 in grants to 19 wildli...
Avangrid Recognized by Ethisphere with Compliance Leader Verification for Fourth Consecutive Term
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that Ethisphere has awarded it with the coveted Compliance Leader Verificati...
Avangrid Approaches Milestone of 10.5 GW Installed Energy Generating Capacity
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it is approaching 10.5 Gigawatts (GW) in installed energy generating ca...
Avangrid Companies in New York, Connecticut, and Maine Restore Power Following Winter Storm
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, and its subsidiaries in New York, Connecticut, and Maine worked to restore power to roughly ...
Avangrid to Construct New Projects to Meet Surging Energy Demand from AI Data Center Growth
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, is helping deliver energy to the organizations operating data centers that will power the AI...
Avangrid Signs Deal with American Municipal Power to Provide Energy to Ohio Homes and Businesses from Blue Creek Project
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced the signing of a short-term Power Purchase Agreement (PPA) with American Mu...
Avangrid Named One of America's Most JUST Companies by JUST Capital and CNBC
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it was recognized for the fifth consecutive year on the annual JUST 100...
Avangrid Employees Volunteered Over 37,000 Hours in 2024, Exceeding Goal by nearly 50%
ORANGE, Conn.--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading sustainable energy company Avangrid Inc., a member of the Iberdrola Group, announced today that employees volu...
Avangrid Subsidiary RG&E Completes $23 Million Investment in New Substation in Sodus
SODUS, N.Y.--(BUSINESS WIRE)--Avangrid subsidiary, Rochester Gas and Electric (RG&E) today announced the completion of upgrades on a new substation in Sodus, New York that will increase reliability an...
Avangrid Energy Plants Power Over 1 Million Homes and Businesses During Coldest Winter Months
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading sustainable energy company and member of the Iberdrola Group, continues to provide electricity from its energy assets located throughout the U...
Iberdrola and Avangrid Invited to the Inauguration of President Donald J. Trump
ORANGE, Conn.--(BUSINESS WIRE)--Iberdrola and Avangrid, Inc., today announced that Iberdrola and Avangrid received an invitation to the Inauguration of President Donald J. Trump in Washington, D.C. As...
Avangrid Companies in New York and Maine Honored with Dual Emergency Response Awards
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has received dual Emergency Response Awards from Ediso...
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...
Avangrid Continues to Electrify its Utility Fleet, To Significantly Grow Use of Hybrid Trucks
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it will be purchasing over 130 new hybrid bucke...
Avangrid Continues to Provide State-of-the-Art Training to New Hires at National Training Center, Second Cohort Graduates
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the second cohort of newly hired technicians h...