National Grid plc (NGG)

NYSE: NGG · Real-Time Price · USD
67.03
-0.97 (-1.43%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-1.43%
Market Cap 64.67B
Revenue (ttm) 25.07B
Net Income (ttm) 2.89B
Shares Out 3.72B
EPS (ttm) 0.78
PE Ratio 22.36
Forward PE 14.95
Dividend $7.19 (10.73%)
Ex-Dividend Date Jun 7, 2024
Volume 304,686
Open 67.54
Previous Close 68.00
Day's Range 66.73 - 67.66
52-Week Range 55.13 - 73.40
Beta 0.26
Analysts Buy
Price Target n/a
Earnings Date Nov 7, 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

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...

5 weeks 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.

5 weeks 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...

2 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
2 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
2 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, ...

2 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
3 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
4 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...

4 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...

5 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...

5 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...

5 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.

5 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...

5 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.

6 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
6 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.

7 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...

7 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
9 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
9 months ago - Reuters

NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS

SYRACUSE, N.Y. , Nov. 20, 2023 /PRNewswire/ -- Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has decl...

1 year ago - PRNewsWire

National Grid Submits Comprehensive Performance Investment Plan as Part of Rate Review to Build a Smarter, Stronger, Cleaner, and More Equitable Energy Future

Plan includes innovative programs and foundational investments to increase energy equity, advance electrification, enhance safety and reliability, and hold the company accountable for delivering for c...

1 year ago - PRNewsWire

National Grid: Grid Investments Could Power Growth

National Grid benefits from more EV adoption in the future. In terms of grid investments, National Grid expects capital investments of £42 billion from FY2022-2026, up from the previous £40 billion. N...

1 year ago - Seeking Alpha

National Grid share price is stuck in a range: wait before you buy

National Grid (LON: NG) share price reacted mildly to the company's financial results. The stock was trading at 976p on Thursday, where it has been in the past few days.

1 year ago - Invezz

UK's National Grid to speed up connection of 20 GW of clean energy projects

National Grid said on Monday it was speeding up the connection of up to 20 gigawatts (GW) of clean energy projects to its electricity transmission and distribution networks in England and Wales.

1 year ago - Reuters