Avangrid, Inc. (AGR)

NYSE: AGR · IEX Real-Time Price · USD
30.93
-1.15 (-3.58%)
Feb 26, 2024, 4:00 PM EST - Market closed
-3.58%
Market Cap 12.00B
Revenue (ttm) 8.31B
Net Income (ttm) 786.00M
Shares Out 386.77M
EPS (ttm) 2.03
PE Ratio 15.24
Forward PE 13.78
Dividend $1.76 (5.69%)
Ex-Dividend Date Feb 29, 2024
Volume 679,594
Open 31.81
Previous Close 32.08
Day's Range 30.84 - 31.94
52-Week Range 27.46 - 41.22
Beta 0.54
Analysts Hold
Price Target 34.33 (+10.99%)
Earnings Date Feb 21, 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]

Sector Utilities
Founded 1847
Employees 7,999
Stock Exchange NYSE
Ticker Symbol AGR
Full Company Profile

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 Statements

Analyst Forecast

According to 4 analysts, the average rating for AGR stock is "Hold." The 12-month stock price forecast is $34.33, which is an increase of 10.99% from the latest price.

Price Target
$34.33
(10.99% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Avangrid's Customer Experience and Digital Center of Excellence Leading the Way

ORANGE, Conn.--(BUSINESS WIRE)-- #CustomerExcellence--Avangrid's Customer Experience and Digital Center of Excellence Leading the Way.

12 hours ago - Business Wire

Avangrid Hosts Federal Leadership at New Bedford Marine Commerce Terminal

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, hosted Bureau of Safety and Environmental Enforcement (BSEE) Director Kevin...

12 hours ago - Business Wire

Avangrid Foundation Awards $140,000 to Wildlife Rehabilitation Centers

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Foundation Awards $140,000 to Wildlife Rehabilitation Centers.

3 days ago - Business Wire

Avangrid Powers Up Five Vineyard Wind 1 Turbines, Delivers Clean Energy to 30,000 Massachusetts Homes

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...

4 days ago - Business Wire

Avangrid Subsidiaries NYSEG and RG&E Advance Their First Whole Home Electrification Project in New York

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Subsidiaries NYSEG and RG&E Advance Their First Whole Home Electrification Project in New York.

4 days ago - Business Wire

Avangrid Fourth Quarter & Full Year 2023 Financial Results Available on Company's Website

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) posted its fourth quarter & full year 2023 earnings release and presentation in the Investors section of the Company's website. Interested par...

5 days ago - Business Wire

Nasdaq's Times Square Tower Honors Avangrid's Top JUST 100 Ranking

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Nasdaq's Times Square Tower Honors Avangrid's Top JUST 100 Ranking.

5 days ago - Business Wire

Avangrid's Fourth Wind Farm in Illinois Achieves Commercial Operation

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced Midland Wind has achieved commercial operation. The...

5 days ago - Business Wire

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 Ap...

11 days ago - Business Wire

Avangrid Subsidiaries NYSEG and RG&E Deliver Best Reliability in Five Years

BINGHAMTON, N.Y.--(BUSINESS WIRE)--New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E) subsidiaries of Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and memb...

12 days ago - Business Wire

Avangrid and Amazon Expand U.S. Partnership with 98.4 MW Wind Project in Oregon

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the signing of a new power purchase agreement (PPA)...

17 days ago - Business Wire

Avangrid Pilots Mobile Robot Dog to Advance Substation Inspections with Artificial Intelligence

ORANGE, Conn.--(BUSINESS WIRE)-- #ArtificialIntelligence--Avangrid Pilots Mobile Robot Dog to Advance Substation Inspections with Artificial Intelligence.

18 days ago - Business Wire

ICYMI: Avangrid CEO Pedro Azagra Guest on CNBC's “Squawk Box” to Discuss JUST 100 Ranking

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid CEO Pedro Azagra Guest on CNBC's “Squawk Box” to Discuss JUST 100 Ranking.

19 days ago - Business Wire

Avangrid CEO Pedro Azagra on #12 Just 100 ranking

Avangrid CEO Pedro Azagra joins 'Squawk Box' to discuss the company's #12 ranking on Just Capital's annual Just 100 list, the sustainable energy sector, investments in clean energy, and more.

19 days ago - CNBC Television

True North Solar Project Achieves Construction Milestone with Delivery of Main Power Transformers

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has delivered and installed both Main Power...

20 days ago - Business Wire

Avangrid Ranks First Among Utilities on 2024 JUST 100

ORANGE, Conn.--(BUSINESS WIRE)-- #AmericasMostJUSTCompanies--Avangrid Ranks First Among Utilities on 2024 JUST 100.

21 days ago - Business Wire

3 cheap utility stocks that shouldn't be so

Everyone is worrying about the rising effects of the Red Sea conflict. Most investors will likely see success in following the pop in oil prices through stocks like Hess NYSE: HES for reasons you can ...

Other symbols: AQNBEP
21 days ago - MarketBeat

Avangrid Partners with Colby College to Launch Global Sustainability Independent-Study

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Partners with Colby College to Launch Global Sustainability Independent-Study.

24 days ago - Business Wire

Avangrid Partners with SUNY Broome Community College to Launch New Lineworker Training Program

ORANGE, Conn.--(BUSINESS WIRE)-- #Lineworkers--Avangrid Partners with SUNY Broome Community College to Launch New Lineworker Training Program.

25 days ago - Business Wire

Avangrid Schedules Fourth Quarter & Full Year 2023 Earnings Release and Conference Call & Announces 2024 Investor Day

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) will be releasing its fourth quarter & full year 2023 financial results on Wednesday, February 21, 2024, after the market closes in a news rel...

26 days ago - Business Wire

Avangrid Announces First Onshore Wind Project in Oklahoma, Will Expand Company's U.S. Footprint to 25 states

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced its first renewable energy project in Oklahoma. Pon...

27 days ago - Business Wire

Avangrid Foundation Provides More Than $2.8 Million in Grants in 2023

ORANGE, Conn.--(BUSINESS WIRE)-- #AvangridFoundation--Avangrid Foundation Provides More Than $2.8 Million in Grants in 2023.

5 weeks ago - Business Wire

Avangrid's Early Career Programs Named in Top 50 in the United States by RippleMatch

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid's Early Career Programs Named in Top 50 in the United States by RippleMatch.

6 weeks ago - Business Wire

Avangrid Employees Volunteer More Than 23,000 Hours in 2023

ORANGE, Conn.--(BUSINESS WIRE)-- #GivingBack--Avangrid Employees Volunteer More Than 23,000 Hours in 2023.

7 weeks ago - Business Wire

Avangrid, CIP Announce First Power from Nation-Leading Vineyard Wind 1 Project

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 greenfield...

7 weeks ago - Business Wire