Avangrid, Inc. (AGR)

NYSE: AGR · IEX Real-Time Price · USD
42.64
+0.12 (0.28%)
Dec 9, 2022 4:00 PM EST - Market closed
0.28%
Market Cap 16.36B
Revenue (ttm) 7.70B
Net Income (ttm) 898.00M
Shares Out 386.74M
EPS (ttm) 2.31
PE Ratio 18.46
Forward PE 18.55
Dividend $1.76 (4.13%)
Ex-Dividend Date Nov 30, 2022
Volume 388,364
Open 42.46
Previous Close 42.52
Day's Range 42.51 - 43.07
52-Week Range 37.64 - 51.71
Beta 0.41
Analysts Sell
Price Target 43.35 (+1.7%)
Earnings Date Oct 25, 2022

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. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. It delivers natural ... [Read more]

Industry Electric Utilities
Founded 1847
CEO Pedro Azagra Blazquez
Employees 7,300
Stock Exchange NYSE
Ticker Symbol AGR
Full Company Profile

Financial Performance

In 2021, Avangrid's revenue was $6.97 billion, an increase of 10.35% compared to the previous year's $6.32 billion. Earnings were $707.00 million, an increase of 21.69%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for AGR stock is "Sell." The 12-month stock price forecast is 43.35, which is an increase of 1.67% from the latest price.

Price Target
$43.35
(1.67% upside)
Analyst Consensus: Sell
Stock Forecasts

News

AVANGRID: Maine Supreme Court Rules State-Issued Lease for NECEC Transmission Project Valid

PORTLAND, Maine--( BUSINESS WIRE )--In a long-anticipated decision, the Maine Supreme Judicial Court today ruled that the State of Maine acted within its constitutional authority in granting a lease to ...

1 week ago - Business Wire

Avangrid Foundation, United Illuminating Deliver $30,000 Grant to Support Ronald McDonald House Charities

ORANGE, Conn.--( BUSINESS WIRE )--Building on AVANGRID's commitment to positive community impact in Connecticut and its other service areas, the Avangrid Foundation and the United Illuminating Company t...

2 weeks ago - Business Wire

UI Outlines Assistance Programs to Help Customers Manage Rising Energy Costs

ORANGE, Conn.--( BUSINESS WIRE )--As a result of the ongoing global energy crisis and associated price increases, United Illuminating today is encouraging its customers to explore the assistance program...

3 weeks ago - Business Wire

AVANGRID Sets Industry-Leading 2030 Carbon Neutrality Targets for Scopes 1 And 2

ORANGE, Conn.--( BUSINESS WIRE )--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company and member of the group of companies controlled by Iberdrola, S.A., is furthering its industry-leading ...

3 weeks ago - Business Wire

Avangrid (AGR) Q3 Earnings Lag Estimates

Avangrid (AGR) delivered earnings and revenue surprises of -3.12% and 8.72%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

AVANGRID Statement on Commonwealth Wind Project Proceeding

ORANGE, Conn.

1 month ago - Business Wire

AVANGRID Declares Quarterly Dividend

ORANGE, Conn.

1 month ago - Business Wire

Earnings Preview: Avangrid (AGR) Q3 Earnings Expected to Decline

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.

1 month ago - Zacks Investment Research

Sempra Infrastructure and AVANGRID Announce Plans to Develop U.S. Green Hydrogen and Ammonia Projects

HOUSTON , Oct. 12, 2022 /PRNewswire/ -- AVANGRID, a member of the Iberdrola Group (NYSE: AGR), and Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced they have entered...

Other symbols: SRE
1 month ago - PRNewsWire

AVANGRID Announces Winners of Inaugural Clean Energy Hackathon and Awards Scholarships for Quantum Computing Solution

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID Announces Winners of Inaugural Clean Energy Hackathon and Awards Scholarships for Quantum Computing Solution

2 months ago - Business Wire

AVANGRID Schedules Third Quarter 2022 Earnings Release and Conference Call

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will be releasing its third quarter 2022 financial results on Tuesday, October 25, 2022, after the market closes in a news release to be posted ...

2 months ago - Business Wire

AGR or CNP: Which is a Better Electric Power Utility Stock?

At present, AVANGRID (AGR) appears to be a better utility when compared with CenterPoint Energy (CNP).

Other symbols: CNP
2 months ago - Zacks Investment Research

AVANGRID Provides Strategic Update at 2022 Investor Day

ORANGE, Conn.--(BUSINESS WIRE)--Today AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, and a core member of the IBERDROLA group, will hold its Investor Day at the New York Stock Exchang...

2 months ago - Business Wire

AVANGRID Consolidates Onshore and Offshore Renewables Businesses

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR), a leading sustainable energy company, announced today the consolidation of its onshore and offshore renewables businesses. Leading the consolid...

2 months ago - Business Wire

AVANGRID (AGR) Benefits From Investment & Debt Management

AVANGRID (AGR), with consistent investments, proper debt management and an expanding clean energy generation portfolio, is poised for growth. However, a delay in the PNM merger and regulations are headw...

3 months ago - Zacks Investment Research

Maine Law Court Rules Referendum Blocking the New England Clean Energy Connect Unconstitutional

PORTLAND, Maine--(BUSINESS WIRE)--Maine Law Court Rules Referendum Blocking the New England Clean Energy Connect Unconstitutional

3 months ago - Business Wire

AVANGRID Recognized by Just Capital as Top Company for Workforce Equity and Mobility

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID Recognized by Just Capital as Top Company for Workforce Equity and Mobility

3 months ago - Business Wire

First-Ever Fleet Electrification Management Program Presents Plans for 285 EVs in New York

AUSTIN, Texas--(BUSINESS WIRE)-- #ElectricVehicles--New York fleet managers presented plans to electrify 285 vehicles in the final workshop of a unique pilot program led by CLEAResult, NYSEG and RG&E.

3 months ago - Business Wire

AVANGRID Recognized for Strong ESG Performance on FTSE4Good Index

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID Recognized for Strong ESG Performance on FTSE4Good Index

3 months ago - Business Wire

AVANGRID Announces Appointments to Boards of Directors

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID ANNOUNCES APPOINTMENTS TO BOARDS OF DIRECTORS

4 months ago - Business Wire

AVANGRID Reaches Agreement to Operate First-in-the-Nation Vineyard Wind 1 Project

BOSTON--(BUSINESS WIRE)--AVANGRID Reaches Agreement to Operate First-in-the-Nation Vineyard Wind 1 Project

4 months ago - Business Wire

AVANGRID's (AGR) Q2 Earnings & Revenues Beat Estimates

AVANGRID (AGR) is on the path to adding more renewable assets to its generation portfolio.

4 months ago - Zacks Investment Research

Avangrid (AGR) Tops Q2 Earnings and Revenue Estimates

Avangrid (AGR) delivered earnings and revenue surprises of 39.39% and 12.33%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research