Avangrid, Inc. operates as an energy services holding company in the United States. More Details
Questionable track record unattractive dividend payer.
Share Price & News
How has Avangrid's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
7 Day Return
US Electric Utilities
1 Year Return
US Electric Utilities
Return vs Industry: AGR exceeded the US Electric Utilities industry which returned 14.3% over the past year.
Return vs Market: AGR underperformed the US Market which returned 57.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Avangrid's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Avangrid (NYSE:AGR) A Risky Investment?
3 weeks ago | Simply Wall StCan Mixed Financials Have A Negative Impact on Avangrid, Inc.'s 's (NYSE:AGR) Current Price Momentum?
1 month ago | Simply Wall StAvangrid, Inc. (NYSE:AGR) Is About To Go Ex-Dividend, And It Pays A 3.8% Yield
Is Avangrid undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AGR ($52.58) is trading above our estimate of fair value ($30.33)
Significantly Below Fair Value: AGR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AGR is poor value based on its PE Ratio (28x) compared to the US Electric Utilities industry average (22.6x).
PE vs Market: AGR is poor value based on its PE Ratio (28x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: AGR is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: AGR is good value based on its PB Ratio (1.1x) compared to the US Electric Utilities industry average (2x).
How is Avangrid forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGR's forecast earnings growth (9.3% per year) is above the savings rate (2%).
Earnings vs Market: AGR's earnings (9.3% per year) are forecast to grow slower than the US market (18.4% 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 (9.4% 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%).
How has Avangrid performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGR has high quality earnings.
Growing Profit Margin: AGR's current net profit margins (9.2%) are lower than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: AGR's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: AGR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AGR had negative earnings growth (-13%) over the past year, making it difficult to compare to the Electric Utilities industry average (-2.1%).
Return on Equity
High ROE: AGR's Return on Equity (3.4%) is considered low.
How is Avangrid's financial position?
Financial Position Analysis
Short Term Liabilities: AGR's short term assets ($3.8B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: AGR's short term assets ($3.8B) do not cover its long term liabilities ($18.9B).
Debt to Equity History and Analysis
Debt Level: AGR's debt to equity ratio (70.1%) is considered high.
Reducing Debt: AGR's debt to equity ratio has increased from 32.7% to 70.1% over the past 5 years.
Debt Coverage: AGR's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: AGR's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Avangrid current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AGR's dividend (3.35%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: AGR's dividend (3.35%) is low compared to the top 25% of dividend payers in the US market (3.48%).
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 5 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (93.8%), AGR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AGR's dividends in 3 years are forecast to be covered by earnings (71.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dennis Arriola (59 yo)
Mr. Dennis Victor Arriola serves as Chief Executive Officer since July 22, 2020 and Director at Avangrid, Inc. since July 20, 2020. Mr. Arriola served as an Executive Vice President and Group President at ...
Experienced Management: AGR's management team is considered experienced (4.5 years average tenure).
Experienced Board: AGR's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AGR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Avangrid, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Avangrid, Inc.
- Ticker: AGR
- Exchange: NYSE
- Founded: 1852
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$16.310b
- Shares outstanding: 309.37m
- Website: https://www.avangrid.com
Number of Employees
- Avangrid, Inc.
- 180 Marsh Hill Road
- United States
Avangrid, Inc. operates as an energy services holding company in the United States. It operates through two segments, Networks and Renewables. The company engages in the generation, transmission, and distr...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/16 22:30|
|End of Day Share Price||2021/04/16 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.