National Grid plc (NGG)

NYSE: NGG · Real-Time Price · USD
58.50
+0.82 (1.42%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.42%
Market Cap 57.04B
Revenue (ttm) 25.90B
Net Income (ttm) 2.42B
Shares Out 4.53B
EPS (ttm) 0.59
PE Ratio 23.53
Forward PE 13.04
Dividend $7.02 (12.00%)
Ex-Dividend Date Nov 22, 2024
Volume 708,359
Open 57.96
Previous Close 57.68
Day's Range 57.96 - 58.89
52-Week Range 55.13 - 73.40
Beta 0.27
Analysts Buy
Price Target n/a
Earnings Date Dec 31, 2024

About NGG

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment p... [Read more]

Sector Utilities
IPO Date Oct 7, 1999
Employees 31,425
Stock Exchange NYSE
Ticker Symbol NGG
Full Company Profile

Financial Performance

In 2023, National Grid's revenue was 19.85 billion, a decrease of -8.35% compared to the previous year's 21.66 billion. Earnings were 2.29 billion, a decrease of -70.63%.

Financial numbers in GBP Financial Statements

News

UK's National Grid to invest up to $44 bln in transmission business

Britain's National Grid said on Wednesday it would invest up to 35 billion pounds ($44.45 billion) over the five years to March 2031 as per its business plan for its transmission business.

3 days ago - Reuters

AM Best Assigns Credit Ratings to National Grid Insurance USA Ltd

LONDON--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to National Grid Insurance USA Ltd (NG...

19 days ago - Business Wire

National Grid appoints Steve Smith as Chief Strategy and Regulation Officer

BROOKLYN, N.Y. and WALTHAM, Mass.

4 weeks ago - PRNewsWire

National Grid: Growth And Yield

National Grid has streamlined its business, focusing on core UK and US electricity and gas networks, enhancing its defensive nature and growth potential. Asset sales and a £7 billion rights issue have...

6 weeks ago - Seeking Alpha

National Grid plc (NGG) Q2 2025 Earnings Call Transcript

National Grid plc (NYSE:NGG) Q2 2025 Earnings Conference Call November 7, 2024 4:15 AM ET Company Participants Angela Broad - Director, Investor Relations John Pettigrew - Chief Executive Officer And...

6 weeks ago - Seeking Alpha

Fourth Annual National Grid Project C Week of Service Celebrates Company's Commitment to Its Communities

Thousands of employees lend time and talent to local causes BROOKLYN, N.Y. , Sept. 16, 2024 /PRNewswire/ -- More than 1,500 National Grid employees will step away from their desks to volunteer with co...

3 months ago - PRNewsWire

National Grid to sell electricity system operator in $827 mln deal

Britain's National Grid said on Friday that it has agreed to sell its electricity system operator to the UK government for 630 million pounds ($827.95 million) including debt.

3 months ago - Reuters

National Grid: An Upside Is There, But I'd Wait For A Small Drop

National Grid's dividend cut and funding snag led to a drop in share price, but I see potential for growth and solid yield. I stand by my "Buy" rating for NGG stock, doubled my investment stake follow...

4 months ago - Seeking Alpha

Bert's July Dividend Income Summary (2024)

In July 2024, we received $1,683.75 in dividend income. We have been buying at least 4 shares of SCHD every single week. I accepted a long time ago that Leggett & Platt's dividend cut was terrible.

Other symbols: AMTBPCAHCMCSCOGPCHBAN
4 months ago - Seeking Alpha

Dividend Income: Lanny's July 2024 Summary

In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high l...

Other symbols: BNLBNSBRTCAHCMCSCOEMN
4 months ago - Seeking Alpha

National Grid Announces Sally Librera to Lead New York Business

BROOKLYN, N.Y. , Aug. 1, 2024 /PRNewswire/ -- National Grid today announced that Sally Librera will join National Grid as President of its New York business, and sit on the Group Executive Committee, ...

5 months ago - PRNewsWire

U.K. Top 40 Quality Dividend Stocks: Summer 2024

Unfortunately, UK investors have had to suffer weak or negative capital gains in recent years to get those high yields. The good news is that the UK remains an attractive market for dividend investors...

Other symbols: AZNBTIDEOPOLARELXSNNUL
6 months ago - Seeking Alpha

Top 2 Utilities Stocks That May Rocket Higher In June

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Other symbols: PCYO
6 months ago - Benzinga

National Grid: Rights Issue Highlights Lack Of Compounding

A couple of years after the step down of baseline compensation for the transmission network, the distribution concession is now also seeing lower baseline comp. Transmission is growing because RAB get...

7 months ago - Seeking Alpha

National Grid plc (NGG) Q4 2024 Earnings Call Transcript

National Grid plc (NYSE:NGG) Q4 2024 Earnings Conference Call May 23, 2024 4:15 AM ET Company Participants Nicholas Ashworth - Director, IR John Pettigrew - CEO Andy Agg - CFO Conference Call Partici...

7 months ago - Seeking Alpha

National Grid Recognizes Runwise - Top ProNet Partner in 2023 For Energy Conservation

NEW YORK--(BUSINESS WIRE)--Runwise was celebrated for outstanding achievements in energy efficiency by National Grid. National Grid awarded certain ProNet partners with GridEE awards. ProNet (New York...

7 months ago - Business Wire

UK's National Grid seeks buyer for Europe's biggest LNG terminal

British energy infrastructure operator National Grid said on Thursday it is looking to sell its Grain liquefied natural gas (LNG) terminal in Britain, Europe's largest such facility, in a bid to strea...

7 months ago - Reuters

National Grid Commits to Investing $35 Billion in New York & Massachusetts to Meet Decarbonization Goals and Build a Stronger, Cleaner Grid

Projects Across Northeast Will Harden Grid, Reduce Emissions and  Deliver Benefits for Customers & Local Economies BROOKLYN, N.Y. and WALTHAM, Mass.

7 months ago - PRNewsWire

UK's National Grid plans $9 bln rights issue for investment drive

Britain's National Grid plans to raise about 7 billion pounds ($8.9 billion) through a fully underwritten rights issue of 1.09 billion new shares as it gears up to invest 60 billion pounds in energy n...

7 months ago - Reuters

National Grid Opens Applications for DEI Engineering Scholarship and Internship Program

The program reflects the company's commitment to workforce development and employment pathways for underrepresented talent WALTHAM, Mass. and BROOKLYN, N.Y.

8 months ago - PRNewsWire

U.K. Top 40 Quality Dividend Stocks: Q2 2024

The list ranks stocks based on their market cap and dividend yield alone. What I am looking for is quality dividend stocks with long track records of progressive dividend growth, and while dividend yi...

Other symbols: AZNBTIDEORELXSNNUL
9 months ago - Seeking Alpha

Britain's National Grid to invest $4 bln in New York infrastructure

The U.S. unit of Britain's National Grid said on Wednesday it would invest more than $4 billion to improve New York's infrastructure to meet growing demand for more reliable and cleaner energy.

9 months ago - Reuters

National Grid Announces the Upstate Upgrade; Multi-year Initiative Will Improve Grid Resilience, Deliver Significant Benefits for Customers, Local Economies

Portfolio of 70+ transmission upgrade projects across Upstate NY will generate thousands of jobs and more than a billion dollars in regional economic growth over next 6 years, while delivering a smart...

9 months ago - PRNewsWire

Bert's January Dividend Income Summary

In January 2024, we received $6851.67 in dividend income. Leggett & Platt was the highest dividend payer this month.

Other symbols: CAHCMGPCHBANIRMITWLEG
11 months ago - Seeking Alpha

National Grid, Constellation Energy agree on LNG supply deal for Mass. facility

Britain's National Grid on Friday said it reached an agreement with gas-supplier Constellation Energy that would allow it to keep operating its Everett gas-import terminal for six years.

Other symbols: CEG
11 months ago - Reuters