AGR Stock Overview
Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$41.70|
|52 Week High||US$53.95|
|52 Week Low||US$41.60|
|1 Month Change||-14.85%|
|3 Month Change||-12.82%|
|1 Year Change||-14.44%|
|3 Year Change||-19.09%|
|5 Year Change||-12.47%|
|Change since IPO||15.45%|
Recent News & Updates
Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Does the September share price for Avangrid, Inc. ( NYSE:AGR ) reflect what it's really worth? Today, we will estimate...
With EPS Growth And More, Avangrid (NYSE:AGR) Makes An Interesting Case
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Avangrid Non-GAAP EPS of $0.46 beats by $0.13, revenue of $1.79B beats by $180M
Avangrid press release (NYSE:AGR): Q2 Non-GAAP EPS of $0.46 beats by $0.13. Revenue of $1.79B (+20.9% Y/Y) beats by $180M. AVANGRID is re-affirming its 2022 U.S. GAAP Net Income and non-U.S. GAAP Adjusted Net Income outlook of $850-$920 million or $2.20-$2.38 per share, based on 387 million average shares outstanding.
|AGR||US Electric Utilities||US Market|
Return vs Industry: AGR underperformed the US Electric Utilities industry which returned -1.3% over the past year.
Return vs Market: AGR exceeded the US Market which returned -23.2% over the past year.
|AGR Average Weekly Movement||3.3%|
|Electric Utilities Industry Average Movement||3.3%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: AGR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AGR's weekly volatility (3%) has been stable over the past year.
About the Company
|1997||7,300||Pedro Azagra Blázquez||https://www.avangrid.com|
Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates through Networks and Renewables segments. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas.
Avangrid Fundamentals Summary
|AGR fundamental statistics|
Is AGR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AGR income statement (TTM)|
|Cost of Revenue||US$4.83b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.34|
|Net Profit Margin||12.12%|
How did AGR perform over the long term?See historical performance and comparison
4.2%Current Dividend Yield
Is AGR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AGR?
Other financial metrics that can be useful for relative valuation.
|What is AGR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does AGR's PE Ratio compare to its peers?
|AGR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
LNT Alliant Energy
Price-To-Earnings vs Peers: AGR is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the peer average (17.1x).
Price to Earnings Ratio vs Industry
How does AGR's PE Ratio compare vs other companies in the US Electric Utilities Industry?
Price-To-Earnings vs Industry: AGR is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the US Electric Utilities industry average (17.8x)
Price to Earnings Ratio vs Fair Ratio
What is AGR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||17.8x|
|Fair PE Ratio||22.4x|
Price-To-Earnings vs Fair Ratio: AGR is good value based on its Price-To-Earnings Ratio (17.8x) compared to the estimated Fair Price-To-Earnings Ratio (22.4x).
Share Price vs Fair Value
What is the Fair Price of AGR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AGR ($41.7) is trading above our estimate of fair value ($38.49)
Significantly Below Fair Value: AGR is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Avangrid forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGR's forecast earnings growth (6.6% per year) is above the savings rate (1.9%).
Earnings vs Market: AGR's earnings (6.6% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: AGR's earnings are forecast to grow, but not significantly.
Revenue vs Market: AGR's revenue (4.2% per year) is forecast to grow slower than the US market (7.7% per year).
High Growth Revenue: AGR's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AGR's Return on Equity is forecast to be low in 3 years time (4.9%).
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How has Avangrid performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGR has high quality earnings.
Growing Profit Margin: AGR's current net profit margins (12.1%) are higher than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: AGR's earnings have grown by 10.2% per year over the past 5 years.
Accelerating Growth: AGR's earnings growth over the past year (32%) exceeds its 5-year average (10.2% per year).
Earnings vs Industry: AGR earnings growth over the past year (32%) exceeded the Electric Utilities industry 10.1%.
Return on Equity
High ROE: AGR's Return on Equity (4.1%) is considered low.
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How is Avangrid's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: AGR's short term assets ($3.0B) do not cover its short term liabilities ($3.3B).
Long Term Liabilities: AGR's short term assets ($3.0B) do not cover its long term liabilities ($16.0B).
Debt to Equity History and Analysis
Debt Level: AGR's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: AGR's debt to equity ratio has increased from 35.6% to 40.9% over the past 5 years.
Debt Coverage: AGR's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: AGR's interest payments on its debt are not well covered by EBIT (3x coverage).
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What is Avangrid current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Avangrid Dividend Yield vs Market|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Electric Utilities)||3.3%|
|Analyst forecast in 3 Years (Avangrid)||4.3%|
Notable Dividend: AGR's dividend (4.22%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: AGR's dividend (4.22%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, AGR has been paying a dividend for less than 10 years.
Growing Dividend: AGR's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.4%), AGR's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AGR is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pedro Azagra Blázquez (54 yo)
Mr. Pedro Azagra Blázquez serves as Director of Corporate Development of Iberdrola, S.A. since 2008. He serves as a Director of Avangrid, Inc. since December 12, 2019 and has been its Chief Executive Offic...
Experienced Management: AGR's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: AGR's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|01 Jul 22||BuyUS$5,049||Alan Solomont||Individual||109||US$46.32|
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||29,982||0.008%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Avangrid, Inc.'s employee growth, exchange listings and data sources
- Name: Avangrid, Inc.
- Ticker: AGR
- Exchange: NYSE
- Founded: 1997
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: US$16.122b
- Shares outstanding: 386.62m
- Website: https://www.avangrid.com
Number of Employees
- Avangrid, Inc.
- 180 Marsh Hill Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AGR||NYSE (New York Stock Exchange)||Yes||New Common Stock||US||USD||Dec 2015|
|12A||DB (Deutsche Boerse AG)||Yes||New Common Stock||DE||EUR||Dec 2015|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.