Avangrid, Inc. (AGR)
| Market Cap | 19.47B |
| Revenue (ttm) | 6.58B |
| Net Income (ttm) | 685.00M |
| Shares Out | 347.12M |
| EPS (ttm) | 2.15 |
| PE Ratio | 23.37 |
| Forward PE | 20.16 |
| Dividend | $1.76 (3.51%) |
| Ex-Dividend Date | Sep 2, 2021 |
| Volume | 382,436 |
| Open | 50.07 |
| Previous Close | 50.42 |
| Day's Range | 49.52 - 50.66 |
| 52-Week Range | 42.89 - 55.33 |
| Beta | 0.24 |
| Analysts | Hold |
| Price Target | 52.71 (+5.2%) |
| Est. Earnings Date | Oct 26, 2021 |
About AGR
Avangrid, Inc. operates as an energy services holding company in the United States. It operates through two segments, Networks and Renewables. The company engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. It also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. The company delivers natural gas and electricity to residential, commercial, and institutio...
Financial Performance
In 2020, Avangrid's revenue was $6.32 billion, a decrease of -0.25% compared to the previous year's $6.34 billion. Earnings were $581.00 million, a decrease of -12.89%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for Avangrid stock is "Hold." The 12-month stock price forecast is 52.71, which is an increase of 5.17% from the latest price.
News
AVANGRID's Vineyard Wind I Joint Venture Reaches Financial Close
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID's Vineyard Wind I Joint Venture Reaches Financial Close
AVANGRID and PNM Resources Announce Additional Support for Merger
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID and PNM Resources announce additional support for merger.
PNM and AVANGRID File Additional Customer Benefits and Customer Safeguards in Merger Application
ALBUQUERQUE, N.M., July 30, 2021 /PRNewswire/ -- On Thursday, Joint Applicants Public Service Company of New Mexico (PNM) and AVANGRID (NYSE: AGR).
AVANGRID Companies Join Electric Highway Coalition Supporting EV Adoption
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID companies join Electric Highway Coalition supporting EV adoption.
Avangrid (AGR) Q2 Earnings and Revenues Miss Estimates
Avangrid (AGR) delivered earnings and revenue surprises of -16.67% and -1.26%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Avangrid Q2 Earnings
Shares of Avangrid (NYSE:AGR) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 9.37% over the past year to $0.35, which missed the es...
AVANGRID Second Quarter 2021 Financial Results Available on Company's Website
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) posted its second quarter 2021 earnings release and presentation in the Investors section of the Company's website. Interested parties can acces...
Avangrid Electric and Gas Companies Form Local Customer Listening Councils
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID electric and gas companies form local customer listening councils bringing voices, concerns and goals of customers to operating companies.
First Large-Scale Offshore Wind Project in U.S. to Be Built With Union Labor
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, is pleased to announce that its joint venture, Vineyard Wind, has today entered into a Project Labor Agr...
3 Companies That Warren Buffett's Berkshire Hathaway Should Acquire
These stocks check all the right boxes for the Oracle of Omaha.
Avangrid (AGR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Avangrid (AGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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 Octob...
AVANGRID Poised to Build Green Hydrogen Future
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID submits concepts for projects nationwide as part of U.S. Department of Energy RFI to enable low cost, clean hydrogen at scale.
BOEM Advances Permitting of Connecticut's Largest Offshore Wind Project
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR) today confirmed that the U.S. Bureau of Ocean Energy Management (BOEM) has issued a Notice of Intent (NOI) to proceed with an Environmental Imp...
AVANGRID Schedules Second Quarter 2021 Earnings Release and Conference Call
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will be releasing its second quarter 2021 financial results on Tuesday, July 20, 2021 after the market closes in a news release to be posted to ...
7 Stocks to Buy From the ‘Goldman Sachs Renewable Energy Picks' List
As sustainability becomes an increasingly important topic, you may want to take a look at these green stocks to buy from Goldman Sachs. The post 7 Stocks to Buy From the ‘Goldman Sachs Renewable Energy ...
New Mexico Regulator Sets Procedural Schedule for PNM Resources Merger With Avangrid
ORANGE, Conn.--(BUSINESS WIRE)--New Mexico regulator sets procedural schedule for PNM Resources Merger with AVANGRID
Hearings Scheduled on Amended Stipulation for PNM Resources' Merger with AVANGRID
ALBUQUERQUE, N.M., June 1, 2021 /PRNewswire/ -- On Friday, the Hearing Examiner for the New Mexico Public Regulation Commission (NMPRC) set the remaining procedural schedule for the amended stipulation ...
Nuclear Regulatory Commission Approval Received For AVANGRID Merger With PNM Resources
ORANGE, Conn.--(BUSINESS WIRE)--Nuclear Regulatory Commission approval received for AVANGRID merger with PNM Resources.
Nuclear Regulatory Commission Approves PNM Merger with AVANGRID
ALBUQUERQUE, N.M., May 26, 2021 /PRNewswire/ -- PNM Resources, Inc. (NYSE: PNM) and AVANGRID (NYSE: AGR) yesterday received approval from the sixth regulatory entity, the Nuclear Regulatory Commission (...
AVANGRID to Participate in the American Gas Association 2021 Financial Forum
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will participate in the AGA Financial Forum beginning on Wednesday, May 19, 2021. Investors and other interested parties will be able to access ...
AVANGRID Offshore Wind Joint Venture Makes History With Federal Approval
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, confirmed today that the U.S. Bureau of Ocean Energy Management (BOEM) has issued its Record of Decision...
Revised Stipulation Agreement for AVANGRID/PNM Resources Merger Receives Additional Support From New Mexico Stakeholders
ORANGE, Conn.--(BUSINESS WIRE)--Revised Stipulation Agreement for AVANGRID/PNM Resources Merger Receives Additional Support from New Mexico Stakeholders
PNM Resources Merger with AVANGRID Approved by Public Utility Commission of Texas
ALBUQUERQUE, N.M., May 6, 2021 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) voted to approve the unanimous stipulation and agreement among parties for the merger of PNM Resources...
Public Utility Commission of Texas Approves AVANGRID Merger With Texas-New Mexico Power Company
ORANGE, Conn.--(BUSINESS WIRE)--Public Utility Commission of Texas Approves AVANGRID Merger with Texas-New Mexico Power Company