Avangrid, Inc. (AGR)

NYSE: AGR · IEX Real-Time Price · USD
47.26 -0.03 (-0.06%)
Jan 19, 2022 9:56 AM EST - Market open
Market Cap18.30B
Revenue (ttm)6.71B
Net Income (ttm)709.00M
Shares Out387.20M
EPS (ttm)2.09
PE Ratio22.57
Forward PE19.27
Dividend$1.76 (3.72%)
Ex-Dividend DateDec 10, 2021
Volume30,004
Open47.15
Previous Close47.29
Day's Range47.05 - 47.39
52-Week Range44.10 - 55.57
Beta0.32
AnalystsHold
Price Target50.63 (+7.1%)
Earnings DateOct 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...

IndustryElectric Utilities
Founded1852
Employees7,000
Stock ExchangeNYSE
Ticker SymbolAGR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for Avangrid stock is "Hold." The 12-month stock price forecast is 50.63, which is an increase of 7.13% from the latest price.

Price Target
$50.63
(7.13% upside)
Analyst Consensus: Hold

News

AVANGRID Earns WELL Health-Safety Rating for 17 Workspaces

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID EARNS WELL HEALTH-SAFETY RATING FOR 17 WORKSPACES

6 days ago - Business Wire

AVANGRID Applauds Announcement of New York Bight Offshore Wind Auction

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID APPLAUDS ANNOUNCEMENT OF NEW YORK BIGHT OFFSHORE WIND AUCTION

6 days ago - Business Wire

AVANGRID Named One of America's Most JUST Companies by JUST Capital and CNBC for Second Consecutive Year

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID NAMED ONE OF AMERICA'S MOST JUST COMPANIES BY JUST CAPITAL AND CNBC FOR SECOND CONSECUTIVE YEAR

1 week ago - Business Wire

Avangrid Renewables Closes Vineyard Wind JV Restructuring and Increases Offshore Wind Portfolio to 4.9 GW

BOSTON--(BUSINESS WIRE)--Avangrid Renewables Closes Vineyard Wind JV Restructuring and Increases Offshore Wind Portfolio to 4.9 GW

1 week ago - Business Wire

Avangrid Renewables Completes Restructuring Agreement and Increases Offshore Wind Portfolio to 4.9 GW

BOSTON--(BUSINESS WIRE)--Avangrid Renewables Completes Restructuring Agreement and Increases Offshore Wind Portfolio to 4.9 GW

1 week ago - Business Wire

Merger Date of PNM Resources (PNM) & AVANGRID Gets Extended

The merger deal between PNM Resources (PNM) and AVANGRID (AGR) gets extended to April 2023 from fourth-quarter 2021 as the proposal was turned down by the New Mexico Public Regulation Commission.

Other symbols:PNM
1 week ago - Zacks Investment Research

AVANGRID and PNM Resources Merger Agreement Extended; Companies File Notice of Appeal With New Mexico Supreme Court

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID and PNM Resources Merger Agreement Extended; Companies File Notice of Appeal With New Mexico Supreme Court

Other symbols:PNM
2 weeks ago - Business Wire

Avangrid Renewables' Commonwealth Wind Joint Venture Selected by Massachusetts to Help State Meet Its Clean Energy Goals

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID RENEWABLES' COMMONWEALTH WIND JOINT VENTURE SELECTED BY MASSACHUSETTS TO HELP STATE MEET ITS CLEAN ENERGY GOALS

1 month ago - Business Wire

AVANGRID Statement In Response to PRC Decision

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID statement in response to PRC decision

1 month ago - Business Wire

AVANGRID Files Defamation and Tortious Interference Lawsuit Against Security Limits for Using False Allegations to Se...

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID Files Defamation and Tortious Interference Lawsuit Against Security Limits for Using False Allegations to Seek to Extort the Company

1 month ago - Business Wire

Officials of 15 Organizations Voice Support for PNM and AVANGRID Merger

ALBUQUERQUE, N.M., Dec. 3, 2021 /PRNewswire/ -- Yesterday, PNM Resources (NYSE: PNM) and AVANGRID, Inc. (NYSE: AGR) answered open questions at a news conference about their proposed merger and addressed...

Other symbols:PNM
1 month ago - PRNewsWire

AVANGRID Declares Quarterly Dividend

ORANGE, Conn.--(BUSINESS WIRE)--Today AVANGRID, Inc. (NYSE:AGR) announced that on December 1, 2021 its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock. This divid...

1 month ago - Business Wire

Will Chart Analysts Notice Bad Omen on Avangrid's Chart

If history is any guide, there may be trouble ahead for shares of Avangrid (NYSE:AGR). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

2 months ago - Benzinga

Avangrid and NECEC Take Action to Protect Historic Clean Energy Project

ORANGE, Conn.--(BUSINESS WIRE)--Today, NECEC Transmission LLC and Avangrid Networks, Inc., subsidiaries of AVANGRID, Inc. [NYSE: AGR] filed a lawsuit in Maine Superior Court challenging the citizens' in...

2 months ago - Business Wire

AVANGRID Statement on Results of Maine Referendum

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID STATEMENT ON RESULTS OF MAINE REFERENDUM

2 months ago - Business Wire

Avangrid's (AGR) Q3 Earnings & Revenues Beat Mark, Rise Y/Y

Avangrid's (AGR) third-quarter 2021 earnings and revenues surpass estimates and rise year over year. The company projects 2021 earnings per share range to be $2.04-$2.22.

2 months ago - Zacks Investment Research

Avangrid (AGR) Surpasses Q3 Earnings and Revenue Estimates

Avangrid (AGR) delivered earnings and revenue surprises of 9.68% and 2.47%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Avangrid: Q3 Earnings Insights

Avangrid (NYSE:AGR) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:15 PM. Here's what investors need to know about the announcement.

2 months ago - Benzinga

AVANGRID Third Quarter 2021 Financial Results Available on Company's Website

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) posted its third quarter 2021 earnings release and presentation in the Investors section of the Company's website. Interested parties can access...

2 months ago - Business Wire

Is a Surprise Coming for Avangrid (AGR) This Earnings Season?

Avangrid (AGR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - Zacks Investment Research

AVANGRID Selected for Inclusion in the S&P Global Clean Energy Index

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced today that it has been chosen to be a part of the S&P Global Clean Energy Index, which include...

2 months ago - Business Wire

Avangrid (AGR) Expected to Beat Earnings Estimates: Should You Buy?

Avangrid (AGR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

AVANGRID Announces Changes to Renewables Leadership

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID Announces Changes to Renewables Leadership

3 months ago - Business Wire

AVANGRID Schedules Third Quarter 2021 Earnings Release and Conference Call

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will be releasing its third quarter 2021 financial results on Tuesday, October 26, 2021, after the market closes in a news release to be posted ...

3 months ago - Business Wire

AVANGRID to Participate at the Wolfe Research Conference

ORANGE, Conn.--(BUSINESS WIRE)--Today AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, will participate at the Wolfe Research Utilities, Midstream and Clean Energy Conference. Investors...

3 months ago - Business Wire