AGR Stock Overview
Avangrid, Inc. operates as an energy services holding company in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$50.85|
|52 Week High||US$55.57|
|52 Week Low||US$44.02|
|1 Month Change||-3.29%|
|3 Month Change||-8.05%|
|1 Year Change||8.52%|
|3 Year Change||0.14%|
|5 Year Change||38.75%|
|Change since IPO||40.78%|
Recent News & Updates
Here's Why Avangrid (NYSE:AGR) Has A Meaningful Debt Burden
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of US$0.44
Avangrid, Inc. ( NYSE:AGR ) has announced that it will pay a dividend of US$0.44 per share on the 1st of October. This...
Avangrid: A Utility With Potential Earnings Growth
Avangrid stock hasn’t increased much since December 2017. Adjusted earnings guidance for 2021 is about the same or lower than FY2017. There could be upside given Avangrid expects its earnings to grow in the future.
|AGR||US Electric Utilities||US Market|
Return vs Industry: AGR exceeded the US Electric Utilities industry which returned 6.2% over the past year.
Return vs Market: AGR underperformed the US Market which returned 17.8% over the past year.
|AGR Average Weekly Movement||3.0%|
|Electric Utilities Industry Average Movement||2.9%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.4%|
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
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 distribution of electricity, as well as 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$4.17b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.83|
|Net Profit Margin||10.57%|
How did AGR perform over the long term?See historical performance and comparison
3.5%Current Dividend 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 ($50.85) is trading above our estimate of fair value ($35.84)
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 (27.8x) compared to the US Electric Utilities industry average (21.3x).
PE vs Market: AGR is poor value based on its PE Ratio (27.8x) compared to the US market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: AGR is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: AGR is good value based on its PB Ratio (1x) compared to the US Electric Utilities industry average (1.8x).
How is Avangrid forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGR's forecast earnings growth (11.3% per year) is above the savings rate (2%).
Earnings vs Market: AGR's earnings (11.3% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: AGR's earnings are forecast to grow, but not significantly.
Revenue vs Market: AGR's revenue (6.2% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: AGR's revenue (6.2% 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 (6.3%).
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 (10.6%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: AGR's earnings have grown by 4.8% per year over the past 5 years.
Accelerating Growth: AGR's earnings growth over the past year (17.2%) exceeds its 5-year average (4.8% per year).
Earnings vs Industry: AGR earnings growth over the past year (17.2%) exceeded the Electric Utilities industry 3.7%.
Return on Equity
High ROE: AGR's Return on Equity (3.3%) is considered low.
How is Avangrid's financial position?
Financial Position Analysis
Short Term Liabilities: AGR's short term assets ($3.6B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: AGR's short term assets ($3.6B) do not cover its long term liabilities ($15.9B).
Debt to Equity History and Analysis
Debt Level: AGR's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: AGR's debt to equity ratio has increased from 30.7% to 39.9% over the past 5 years.
Debt Coverage: AGR's debt is not well covered by operating cash flow (15%).
Interest Coverage: AGR's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Avangrid current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AGR's dividend (3.46%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: AGR's dividend (3.46%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, AGR has been paying a dividend for less than 10 years.
Growing Dividend: AGR's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (84%), AGR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AGR's dividends in 3 years are forecast to be covered by earnings (72.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dennis Arriola (60 yo)
Mr. Dennis Victor Arriola serves as Chief Executive Officer and Director at Avangrid, Inc. since July 22, 2020. Mr. Arriola served as an Executive Vice President and Group President at Sempra Energy since...
CEO Compensation Analysis
Compensation vs Market: Dennis's total compensation ($USD1.78M) is below average for companies of similar size in the US market ($USD11.11M).
Compensation vs Earnings: Insufficient data to compare Dennis's compensation with company performance.
Experienced Management: AGR's management team is considered experienced (4.6 years average tenure).
Experienced Board: AGR's board of directors are considered experienced (3.9 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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.3%.
Avangrid, Inc.'s employee growth, exchange listings and data sources
- Name: Avangrid, Inc.
- Ticker: AGR
- Exchange: NYSE
- Founded: 1852
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$19.600b
- Shares outstanding: 387.20m
- Website: https://www.avangrid.com
Number of Employees
- Avangrid, Inc.
- 180 Marsh Hill Road
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 23:55|
|End of Day Share Price||2021/12/01 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.