Avangrid Future Growth
Future criteria checks 1/6
Avangrid is forecast to grow earnings and revenue by 4.7% and 2.9% per annum respectively. EPS is expected to grow by 4.3% per annum. Return on equity is forecast to be 5.3% in 3 years.
Key information
4.7%
Earnings growth rate
4.3%
EPS growth rate
| Electric Utilities earnings growth | 9.1% |
| Revenue growth rate | 2.9% |
| Future return on equity | 5.3% |
| Analyst coverage | Good |
| Last updated | 19 Apr 2024 |
Recent future growth updates
Recent updates
Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44
Apr 15
Does Avangrid (NYSE:AGR) Have A Healthy Balance Sheet?
Mar 19Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Feb 19The Price Is Right For Avangrid, Inc. (NYSE:AGR)
Feb 16Avangrid: There Are Better Utilities To Buy
Dec 27A Look At The Fair Value Of Avangrid, Inc. (NYSE:AGR)
Dec 24These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt In A Risky Way
Nov 27Avangrid (NYSE:AGR) Is Paying Out A Dividend Of $0.44
Oct 23Avangrid: Dividend Should Be Suspended To Protect Cash
Oct 11Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Aug 28Avangrid (NYSE:AGR) Use Of Debt Could Be Considered Risky
Aug 18Avangrid Inc.: Expanding Wind Farms In Hopes Of Reaching Growth Targets
Jul 28Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Jul 22Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Jun 13Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44
May 16Avangrid's (NYSE:AGR) Dividend Will Be $0.44
Apr 16Here's Why We Think Avangrid (NYSE:AGR) Is Well Worth Watching
Mar 21Avangrid Non-GAAP EPS of $0.29 misses by $0.11, revenue of $2.16B beats by $350M
Feb 21Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Feb 20Is Avangrid (NYSE:AGR) Using Too Much Debt?
Dec 20Avangrid: Risks Outweigh The Reward
Oct 06Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Sep 05With EPS Growth And More, Avangrid (NYSE:AGR) Makes An Interesting Case
Aug 15Avangrid Non-GAAP EPS of $0.46 beats by $0.13, revenue of $1.79B beats by $180M
Jul 26Avangrid (NYSE:AGR) Will Pay A Dividend Of $0.44
Jul 25Avangrid declares $0.44 dividend
Jul 20These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt Extensively
Jun 21Avangrid's (NYSE:AGR) Dividend Will Be US$0.44
May 31Avangrid: Sustained Investment Looks Like It Will Bear Fruit
May 24Avangrid (NYSE:AGR) Has Announced A Dividend Of US$0.44
May 12Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Apr 13Avangrid (NYSE:AGR) Has A Somewhat Strained Balance Sheet
Mar 23Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 9,125 | 1,014 | 90 | N/A | 5 |
| 12/31/2025 | 8,785 | 953 | 7 | N/A | 8 |
| 12/31/2024 | 8,525 | 876 | -1,051 | N/A | 8 |
| 3/31/2024 | 8,260 | 892 | N/A | N/A | N/A |
| 12/31/2023 | 8,309 | 786 | -2,053 | 919 | N/A |
| 9/30/2023 | 8,185 | 536 | -1,759 | 898 | N/A |
| 6/30/2023 | 8,049 | 582 | -1,791 | 960 | N/A |
| 3/31/2023 | 8,256 | 681 | -1,693 | 851 | N/A |
| 12/31/2022 | 7,923 | 881 | -1,484 | 1,035 | N/A |
| 9/30/2022 | 7,698 | 898 | -1,558 | 1,461 | N/A |
| 6/30/2022 | 7,458 | 904 | -1,600 | 1,515 | N/A |
| 3/31/2022 | 7,141 | 818 | -1,640 | 1,524 | N/A |
| 12/31/2021 | 6,974 | 707 | -1,415 | 1,561 | N/A |
| 9/30/2021 | 6,710 | 709 | -1,528 | 1,190 | N/A |
| 6/30/2021 | 6,582 | 685 | -1,445 | 1,255 | N/A |
| 3/31/2021 | 6,497 | 675 | -1,256 | 1,406 | N/A |
| 12/31/2020 | 6,320 | 581 | -1,493 | 1,288 | N/A |
| 9/30/2020 | 6,258 | 605 | -1,214 | 1,436 | N/A |
| 6/30/2020 | 6,275 | 668 | -1,088 | 1,655 | N/A |
| 3/31/2020 | 6,283 | 690 | -1,472 | 1,580 | N/A |
| 12/31/2019 | 6,336 | 667 | -1,147 | 1,588 | N/A |
| 9/30/2019 | 6,394 | 596 | -941 | 1,718 | N/A |
| 6/30/2019 | 6,453 | 571 | -748 | 1,625 | N/A |
| 3/31/2019 | 6,455 | 568 | -304 | 1,509 | N/A |
| 12/31/2018 | 6,477 | 587 | 4 | 1,781 | N/A |
| 9/30/2018 | 6,346 | 399 | -127 | 1,758 | N/A |
| 6/30/2018 | 6,141 | 373 | -277 | 1,821 | N/A |
| 3/31/2018 | 6,070 | 386 | -371 | 1,919 | N/A |
| 12/31/2017 | 5,963 | 381 | N/A | 1,763 | N/A |
| 9/30/2017 | 5,921 | 667 | N/A | 1,669 | N/A |
| 6/30/2017 | 5,998 | 677 | N/A | 1,580 | N/A |
| 3/31/2017 | 6,106 | 659 | N/A | 1,606 | N/A |
| 12/31/2016 | 6,018 | 632 | N/A | 1,561 | N/A |
| 9/30/2016 | 5,680 | 519 | N/A | 1,614 | N/A |
| 6/30/2016 | 5,310 | 464 | N/A | 1,487 | N/A |
| 3/31/2016 | 4,810 | 373 | N/A | 1,299 | N/A |
| 12/31/2015 | 4,367 | 273 | N/A | 1,363 | N/A |
| 9/30/2015 | 4,332 | 268 | N/A | 1,140 | N/A |
| 6/30/2015 | 4,266 | 278 | N/A | 1,142 | N/A |
| 3/31/2015 | 4,265 | 330 | N/A | 1,322 | N/A |
| 12/31/2014 | 4,594 | 424 | N/A | 1,331 | N/A |
| 9/30/2014 | 5,347 | 12 | N/A | 1,749 | N/A |
| 6/30/2014 | 5,152 | 33 | N/A | 1,739 | N/A |
| 3/31/2014 | 4,800 | 396 | N/A | 2,063 | N/A |
| 12/31/2013 | 4,313 | -51 | N/A | 1,177 | N/A |
| 9/30/2013 | 3,258 | 259 | N/A | 753 | N/A |
| 6/30/2013 | 3,216 | 247 | N/A | 724 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGR's forecast earnings growth (4.7% per year) is above the savings rate (2.3%).
Earnings vs Market: AGR's earnings (4.7% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: AGR's earnings are forecast to grow, but not significantly.
Revenue vs Market: AGR's revenue (2.9% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: AGR's revenue (2.9% 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 (5.3%).