National Grid PLC (NGG)

NYSE: NGG · IEX Real-Time Price · USD
65.28
+1.85 (2.92%)
Jun 24, 2022 4:00 PM EDT - Market closed
2.92%
Market Cap 47.78B
Revenue (ttm) 24.28B
Net Income (ttm) 3.10B
Shares Out 731.96M
EPS (ttm) 3.99
PE Ratio 16.38
Forward PE 14.99
Dividend $3.25 (4.98%)
Ex-Dividend Date Jun 3, 2022
Volume 425,754
Open 64.84
Previous Close 63.43
Day's Range 64.70 - 65.39
52-Week Range 59.53 - 80.20
Beta 0.01
Analysts Buy
Price Target 74.11 (+13.5%)
Earnings Date May 19, 2022

About NGG

National Grid plc transmits and distributes electricity and gas. The company operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York 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 provides balancing serv... [Read more...]

Industry Multi-Utilities
IPO Date Oct 7, 1999
CEO John Pettigrew
Employees 29,292
Stock Exchange NYSE
Ticker Symbol NGG
Full Company Profile

Financial Performance

In 2021, National Grid's revenue was 18.45 billion, an increase of 23.55% compared to the previous year's 14.93 billion. Earnings were 2.35 billion, an increase of 55.72%.

Financial numbers in GBP Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for NGG stock is "Buy." The 12-month stock price forecast is 74.11, which is an increase of 13.53% from the latest price.

Price Target
$74.11
(13.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

National Grid Wins EEI's International Edison Award for North Sea Link Project

EEI Edison Award is electric power industry's highest honor in the US WALTHAM, Mass. , June 22, 2022 /PRNewswire/ -- National Grid received the 2022 International Edison Award from the Edison Electric I...

National Grid: The Energy Transition Company

National Grid PLC ( LSE:NG. , Financial)( NGG , Financial) is an energy company operating in the U.K. and the U.S. It delivers electricity and gas safely, reliably and efficiently to the customers and c...

National Grid Launches Scholarship to Aid Diverse Engineering Students in MA and NY

Six students to be awarded $10,000 per year and paid summer internships for up to four years WALTHAM, Mass. and BROOKLYN, N.Y.

NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS

SYRACUSE, N.Y. , May 31, 2022 /PRNewswire/ -- Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has declare...

Convergent Energy + Power Partners with National Grid

One of the first solar-plus-storage systems providing a non-wires-alternative to deliver sustainable, cost-effective, and reliable electricity to National Grid customers NEW YORK , May 24, 2022 /PRNewsw...

Hansen Drives Digital Innovation for Swissgrid, Switzerland's National Grid Operator

MELBOURNE, Australia--(BUSINESS WIRE)--Hansen Drives Digital Innovation for Swissgrid, Switzerland's National Grid Operator

National Grid Piloting Leap's Distributed Energy Platform at Four New York City Offices

SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)-- #distributedenergy--Leap and National Grid announce a pilot project in New York City to provide Demand Response using Leap's distributed energy software platf...

National Grid Announces Historic Fossil-Free Plan, Launching Bold Clean Energy Vision for Massachusetts and New York

Hybrid pathway for achieving net zero future to deliver affordable, reliable fossil-free heat through distribution networks, coupled with energy efficiency, hybrid heating systems, and targeted electrif...

National Grid CEO on the road to "net zero" and fossil-free heat in the Northeastern U.S.

John Pettigrew, the CEO utility giant National Grid, announces the company's new joint venture to develop and operate a wind farm off the coast of the Northeastern U.S., and plans to ramp up the use of ...

Reasons to Add National Grid (NGG) to Portfolio Right Now

National Grid (NGG) makes a strong case for investments, given the positive estimates movement and capital investments to strengthen infrastructure and cut emissions.

Siemens Energy and National Grid Team Up to Eliminate SF6 Gases in Cutting-Edge Substation Upgrade

ORLANDO, Fla.--(BUSINESS WIRE)--National Grid and Siemens Energy are upgrading a substation using fluorinated gas free “Blue circuit breakers” designed with clean air insulation.

Other symbols: SIEGY

National Grid stock gains 6% in four days: you can buy the stock here

The price of National Grid stock has been on the rise in the last four days despite the growing cyber-attack threat from Russia amid the ongoing Ukraine-Russia conflict. The stock has jumped by more tha...

Kwarteng to meet National Grid chair amid Russian cyber attack threat

Business Secretary Kwasi Kwarteng will this week hold talks with the chair of National Grid amid anticipation of a surge in state-sponsored cyber attacks from Russia.

Is National Grid (NGG) Outperforming Other Utilities Stocks This Year?

Here is how National Grid (NGG) and RWE AG (RWEOY) have performed compared to their sector so far this year.

Electric Vehicle Generates Revenue and Energy Savings Paving the Way for Mainstream Adoption of Vehicle-to-Everything...

NEW HOPE, Pa. & CHARLOTTESVILLE, Va.--(BUSINESS WIRE)-- #V2G--Electric Vehicle successfully supplied power to back up grid at summer peak.

A Dynamic Duo for Yield in 2022

COVID-19, inflation and the Federal Reserve have so dominated the financial news that it was easy to miss the run-up in utility and real estate shares. In the fourth quarter of 2021, real estate investm...

Other symbols: AWKCHCTHSTOHIXELXHRXLU

National Grid Renewables Announces Commercial Operation of 200 MW Prairie Wolf Solar Project in Illinois

MINNEAPOLIS, Dec. 17, 2021 /PRNewswire/ -- Today, National Grid Renewables announced the start of commercial operation for its Prairie Wolf Solar Project (Prairie Wolf), located in Coles County, Illinoi...

Other symbols: FSLR

National Grid and Town of Hempstead to Develop One of the First Green Hydrogen Blending Projects in the Country

HEMPSTEAD, N.Y., Dec. 15, 2021 /PRNewswire/ -- National Grid and the Town of Hempstead , today announced a joint project to build one of the first and largest clean hydrogen projects in the country, to ...

National Grid Renewables Secures $98 Million in Tax Equity Financing from Bank of America for New 200 MW Prairie Wolf...

MINNEAPOLIS, Dec. 7, 2021 /PRNewswire/ -- National Grid Renewables announced today the closing of $98 million in tax equity financing from Bank of America to support its Prairie Wolf Solar Project (Prai...

National Grid Recipient of 2021 ReliabilityOne® Award for Outstanding Suburban and Rural Service Area Utility in Nort...

SYRACUSE, N.Y., Nov. 18, 2021 /PRNewswire/ -- National Grid was recognized by PA Consulting as a recipient of the 2021 ReliabilityOne® Award for Outstanding Reliability Performance in the Northeast Regi...

Britain's National Grid boosts annual earnings outlook

Britain's National Grid Plc forecast on Thursday its annual underlying earnings per share growth to be "significantly above" the top end of its 5%-7% outlook range, partly helped by higher auction price...

Kevala Partners with National Grid and Exelon Corporation on Total Carbon Accounting Framework

SAN FRANCISCO, Nov. 4, 2021 /PRNewswire/ -- Kevala Inc. , a nationwide leader in energy data and grid analytics, today announced the release of groundbreaking new carbon accounting research conducted in...

Other symbols: EXC

National Grid Connects Renewables, Installs EV Charging Ports, as Part of Comprehensive Effort to Reduce Emissions

WALTHAM, Mass., Nov. 4, 2021 /PRNewswire/ -- In a year since launching its Net Zero Plan, National Grid has made strides in its efforts to improve energy efficiency, integrate clean energy resources and...

National Grid Renewables Hosts Celebration Event at Noble Solar and Storage Project

MINNEAPOLIS, Oct. 28, 2021 /PRNewswire/ -- As part of the first annual American Clean Power Week, National Grid Renewables hosted a community event at the Noble Solar and Storage Project (Noble) in Dent...

Other symbols: FSLR