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Avangrid, Inc. (AGR)

NYSE: AGR · Delayed Price · USD
50.12 -0.30 (-0.60%)
Sep 20, 2021 4:00 PM EDT - Market closed
Market Cap19.47B
Revenue (ttm)6.58B
Net Income (ttm)685.00M
Shares Out347.12M
EPS (ttm)2.15
PE Ratio23.37
Forward PE20.16
Dividend$1.76 (3.51%)
Ex-Dividend DateSep 2, 2021
Volume382,436
Open50.07
Previous Close50.42
Day's Range49.52 - 50.66
52-Week Range42.89 - 55.33
Beta0.24
AnalystsHold
Price Target52.71 (+5.2%)
Est. 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

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 Statements

Analyst 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.

Price Target
$52.71
(5.17% upside)
Analyst Consensus: Hold

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

5 days ago - Business Wire

AVANGRID and PNM Resources Announce Additional Support for Merger

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID and PNM Resources announce additional support for merger.

Other symbols:PNM
3 weeks ago - Business Wire

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).

Other symbols:PNM
1 month ago - PRNewsWire

AVANGRID Companies Join Electric Highway Coalition Supporting EV Adoption

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID companies join Electric Highway Coalition supporting EV adoption.

1 month ago - Business Wire

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?

2 months ago - Zacks Investment Research

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...

2 months ago - Benzinga

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...

2 months ago - Business Wire

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.

2 months ago - Business Wire

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...

2 months ago - Business Wire

3 Companies That Warren Buffett's Berkshire Hathaway Should Acquire

These stocks check all the right boxes for the Oracle of Omaha.

Other symbols:DVAFISV
2 months ago - The Motley Fool

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.

2 months ago - Zacks Investment Research

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...

2 months ago - Business Wire

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.

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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 ...

Other symbols:ARRYBEPCSIQNEENEP
2 months ago - InvestorPlace

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

Other symbols:PNM
3 months ago - Business Wire

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 ...

Other symbols:PNM
3 months ago - PRNewsWire

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.

3 months ago - Business Wire

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 (...

Other symbols:PNM
3 months ago - PRNewsWire

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 ...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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

Other symbols:PNM
4 months ago - Business Wire

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...

Other symbols:PNM
4 months ago - PRNewsWire

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

Other symbols:PNM
4 months ago - Business Wire