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National Grid PLC (NGG)

NYSE: NGG · Delayed Price · USD
64.97 -1.05 (-1.59%)
Sep 20, 2021 4:00 PM EDT - Market closed
Market Cap47.40B
Revenue (ttm)20.46B
Net Income (ttm)2.07B
Shares Out723.38M
EPS (ttm)3.18
PE Ratio20.43
Forward PE16.39
Dividend$2.28 (3.51%)
Ex-Dividend DateJun 3, 2021
Volume397,065
Open64.88
Previous Close66.02
Day's Range64.49 - 65.52
52-Week Range50.37 - 67.16
Beta0.08
AnalystsBuy
Price Target64.94 (0.0%)
Est. Earnings DateNov 18, 2021

About NGG

National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,236 kilometers of overhead lines. The UK Gas Transmission segment owns and operates gas transmission systems, as well as third-party independent systems and liquefied natural gas (LNG) storage facilities. The US Regu...

IndustryMulti-Utilities
IPO DateOct 7, 1999
CEOJohn Pettigrew
Employees23,683
Stock ExchangeNYSE
Ticker SymbolNGG
Full Company Profile

Financial Performance

In 2020, National Grid's revenue was 14.93 billion, an increase of 2.70% compared to the previous year's 14.54 billion. Earnings were 1.51 billion, an increase of 19.54%.

Financial numbers in millions GBPFinancial Statements

Analyst Forecast

According to 3 analysts, the average rating for National Grid stock is "Buy." The 12-month stock price forecast is 64.94, which is a decrease of -0.05% from the latest price.

Price Target
$64.94
(-0.05% downside)
Analyst Consensus: Buy

News

More Than 1,000 National Grid Employees Give Back To Local Communities To Celebrate Company's New York Day Of Service

NEW YORK, Sept. 17, 2021 /PRNewswire/ -- More than 1,000 National Grid employees are giving back to their local communities today to celebrate a Day of Service across the company's 26,000-square-mile Ne...

3 days ago - PRNewsWire

National Grid Renewables Pledges to Donate $720,000 to Illinois School District

MINNEAPOLIS, Sept. 15, 2021 /PRNewswire/ -- Today, National Grid Renewables announced its pledge to donate an estimated $720,000 to the Kansas, Illinois School District through its 200 megawatt (MW) Pra...

5 days ago - PRNewsWire

National Grid/Hitachi ABB Power Grids Study Highlights Major Opportunities for Electrification of Fleet Vehicles

WALTHAM, Mass., Sept. 15, 2021 /PRNewswire/ -- Proactive planning and coordination will be needed to enable the electrification of large fleet vehicles, such as buses and delivery trucks, and meet their...

5 days ago - PRNewsWire

National Grid Announces Stephen Woerner to Lead New England Businesses

WALTHAM, Mass., Aug. 30, 2021 /PRNewswire/ -- National Grid today announced Stephen Woerner will become its New England President and join the company's executive leadership team on October 1.

3 weeks ago - PRNewsWire

Niagara Mohawk Power Corporation Declares Preferred Stock Dividends

SYRACUSE, N.Y., Aug. 17, 2021 /PRNewswire/ -- Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has declare...

1 month ago - PRNewsWire

National Grid Statement on President Biden's Clean Transportation Executive Order

WALTHAM, Mass., Aug. 9, 2021 /PRNewswire/ -- A statement from Badar Khan, President, National Grid, US on the Biden administration's clean transportation announcement: "National Grid applauds President ...

1 month ago - PRNewsWire

Sunnova, National Grid and SolarEdge Partner to Leverage DERs for New England's Grid

HOUSTON--(BUSINESS WIRE)-- #batterystorage--Sunnova partners with National Grid & SolarEdge to utilize its solar & storage assets in N.E. to help improve power quality in National Grid's area.

Other symbols:NOVASEDG
1 month ago - Business Wire

National Grid Joint Venture Secures $150 Million Portfolio Revolving Facility to Advance Multiple U.S. Renewable Ener...

WALTHAM, Mass., July 21, 2021 /PRNewswire/ -- National Grid (NYSE: NGG), one of the largest investor-owned utility companies in the world, announced today that its Emerald Energy Venture, LLC joint vent...

1 month ago - PRNewsWire

'We Make More Money With Bitcoin Than Selling Electricity To The National Grid,' Says CEO Of World's Oldest Power Plant

The Mechanicville hydroelectric power plant, built in New York in 1897 by the Hudson River Power Transmission company, owned and operated today by Albany Engineering Corp (AEC), has started mining Bitco...

2 months ago - Benzinga

Here's What Could Help National Grid (NGG) Maintain Its Recent Price Strength

National Grid (NGG) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through o...

2 months ago - Zacks Investment Research

This Summer, Electric Frog Company Will Provide an Electric Vehicle to Help Power the New England Electric Grid

NEW HOPE, Pa.--(BUSINESS WIRE)-- #EV--Climate Tech Start-Ups Pilot Dual Use of Electric Car for Transportation and Electric Grid Back-up

2 months ago - Business Wire

First Book Launches Black Kids Matter Campaign to Amplify and Celebrate Young Black Voices

WASHINGTON, June 15, 2021 /PRNewswire/ -- First Book, a nonprofit dedicated to educational equity as a path out of poverty, today announced the launch of Black Kids Matter, an initiative designed to amp...

3 months ago - PRNewsWire

National Grid Renewables' Operating 40 MW Michigan Solar Portfolio Constructed by Michigan Workers, Will Provide Mill...

MINNEAPOLIS, June 10, 2021 /PRNewswire/ -- National Grid Renewables today announced significant economic benefits provided by its MiSolar Portfolio (MiSolar), which recently began operation and includes...

3 months ago - PRNewsWire

National Grid Launches Electric Vehicle Road Trip to Highlight Northeast Charging Infrastructure

WALTHAM, Mass., June 3, 2021 /PRNewswire/ -- National Grid today unveiled its new EV Road Trip, an effort to raise awareness around the location of charging infrastructure and accelerate adoption of ele...

3 months ago - PRNewsWire

National Grid achieves "solid underlying financial performance"

National Grid PLC (LON:NG.) expects to invest £30-£35 billion in the UK and US over the five-year period to 2025/26.

4 months ago - Proactive Investors

National Grid and RWE Renewables Sign Partnership to Jointly Bid in the New York Bight Lease Auction

WALTHAM, Mass. and AUSTIN, Texas, May 20, 2021 /PRNewswire/ -- National Grid (NYSE: NGG), one of the world's largest publicly listed utilities, and RWE Renewables (RWE), one of the world's leading renew...

4 months ago - PRNewsWire

Kingfisher, easyJet, National Grid in the spotlight for Thursday

Try to get a patio heater or some gizmo designed to make socialising in the garden a bit more palatable and you probably won't be able to find one for love nor money, which bodes well for the fiscal fir...

4 months ago - Proactive Investors

National Grid 'reinforcing its key role' in the UK's energy transition, says broker

National Grid PLC's (LON:NG.) agreed acquisition to strengthen its focus on the UK electricity networks makes it a key investment in the UK energy transition story, said Berenberg as it upgraded the sha...

4 months ago - Proactive Investors

10 Low-Volatility Safe Stocks to Buy Now

There are 11 low-volatility ETFs with assets more than $1 billion. Here are 10 safe stocks from the top five of those ETFs.

4 months ago - InvestorPlace

Jacobs (J)-Morrison JV Secures Seat on National Grid's Framework

A joint venture between Jacobs Engineering Group (J) and Morrison Energy Services gets a place on National Grid Electricity Transmission's six-year substations EPC framework.

4 months ago - Zacks Investment Research

Con Edison and National Grid Select CPower for Dynamic Load Management Program in New York

BALTIMORE, April 21, 2021 /PRNewswire/ -- CPower Energy Management (" CPower "), a leading energy solutions provider, today announced that it has been selected as one of the awardees by Con Edison and N...

4 months ago - PRNewsWire

National Grid Partners Announces $150 Million in Fresh Investment Capital; Adds Two Disruptive Startups to its Fast-G...

LOS GATOS, Calif., April 19, 2021 /PRNewswire/ -- Since its launch less than three years ago, National Grid Partners  (NGP) has put $227 million to work in dozens of startups at the intersection of ener...

5 months ago - PRNewsWire

National Grid Partners raises $150 million to invest in energy and tech crossovers

National Grid Partners raises $150 million to invest in startups focused on energy and information technology crossovers.

5 months ago - VentureBeat

The Great Give-Back: Green River Wind Farm Makes First Annual Donation to Local Community Fund

MINNEAPOLIS, April 6, 2021 /PRNewswire/ -- Green River Wind Farm, an operational 194 megawatt (MW) clean wind energy project located in Lee and Whiteside Counties in Illinois within the PJM Regional Tra...

5 months ago - PRNewsWire

PPL Signs Buyout & U.K. Divestiture Deal With National Grid

In order to enhance its domestic footprint, PPL Corporation (PPL) decides to acquire Rhode Island utility business from National Grid and divest its UK's Western Power Distribution to the latter.

6 months ago - Zacks Investment Research