Avangrid, Inc. (AGR)
| Market Cap | 12.54B |
| Revenue (ttm) | 8.19B |
| Net Income (ttm) | 536.00M |
| Shares Out | 386.77M |
| EPS (ttm) | 1.37 |
| PE Ratio | 23.66 |
| Forward PE | 11.96 |
| Dividend | $1.76 (5.43%) |
| Ex-Dividend Date | Nov 30, 2023 |
| Volume | 463,548 |
| Open | 32.53 |
| Previous Close | 32.77 |
| Day's Range | 32.25 - 32.67 |
| 52-Week Range | 27.46 - 44.77 |
| Beta | 0.49 |
| Analysts | Hold |
| Price Target | 38.67 (+19.32%) |
| Earnings Date | Feb 20, 2024 |
About AGR
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 in two segments: Networks and Renewables. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. It delivers natural ... [Read more]
Financial Performance
In 2022, Avangrid's revenue was $7.92 billion, an increase of 13.61% compared to the previous year's $6.97 billion. Earnings were $881.00 million, an increase of 24.61%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for AGR stock is "Hold." The 12-month stock price forecast is $38.67, which is an increase of 19.32% from the latest price.
News
FERC Rules in Favor of Avangrid in California Energy Crisis Litigation
ORANGE, Conn.--(BUSINESS WIRE)--FERC Rules in Favor of Avangrid in California Energy Crisis Litigation.
Avangrid Receives First Tax Equity Funding for Nation-Leading Vineyard Wind 1 Project
BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group announced today that the Vineyard Wind 1 project received the first funding ...
Avangrid Deploys Resources From New York and Connecticut to Assist Central Maine Power in Restoration Efforts Following Historic Storm
ORANGE, Conn.--(BUSINESS WIRE)-- #EmergencyResponse--AVANGRID DEPLOYS RESOURCES FROM NEW YORK AND CONNECTICUT TO ASSIST CENTRAL MAINE POWER IN RESTORATION EFFORTS FOLLOWING HISTORIC STORM.
Avangrid Foundation Awards $100,000 to Bats for the Future Fund to Combat White-Nose Syndrome
ORANGE, Conn.--(BUSINESS WIRE)-- #BatsForTheFutureFund--Avangrid Foundation Awards $100,000 to Bats for the Future Fund to Combat White-Nose Syndrome.
Avangrid, Vineyard Offshore, Nearly Double Union Hiring Target For Vineyard Wind 1
BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in green ener...
Avangrid's Fourteen ESG+F Accolades in 2023 Cement Company as a Clean Energy Leader
ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid's Fourteen ESG+F Accolades in 2023 Cement Company as a Clean Energy Leader.
Avangrid Completes Installation of First Five Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project
BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has installed the first five GE Haliade-X turbines ...
Avangrid Announces eBill Incentive to Benefit Local Food Banks
ORANGE, Conn.--(BUSINESS WIRE)-- #GivingBack--Avangrid Announces eBill Incentive to Benefit Local Food Banks.
Avangrid, University of Bridgeport Host Offshore Wind Workshop for Local High School, College Students
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and University of Bridgeport (UB) last week held the first Offshore ...
Avangrid Chairman Ignacio Galán named on the inaugural TIME100 Climate List of the 100 most influential leaders driving business climate action
ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Chairman Ignacio Galán named on the inaugural TIME100 Climate List of the 100 most influential leaders driving business climate action.
Avangrid Named a Leading Utility for Decarbonization by National Public Utilities Council
ORANGE, Conn.--(BUSINESS WIRE)-- #CarbonNeutrality--Avangrid Named a Leading Utility for Decarbonization by National Public Utilities Council.
Avangrid's Veteran Workforce Double National Energy Industry Average
ORANGE, Conn.--(BUSINESS WIRE)-- #VeteransDay--Avangrid's Veteran Workforce Double National Energy Industry Average.
Statement From Avangrid on the Maine Utility Takeover Referendum
ORANGE, Conn.--(BUSINESS WIRE)--Statement from Avangrid on the Maine utility takeover referendum.
Avangrid Annual Hackathon Invests in the Next Generation of Clean Energy Talent
ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Annual Hackathon Invests in the Next Generation of Clean Energy Talent.
Avangrid's Parent Company Iberdrola Marks Spain's Contributions to U.S. Independence
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid's Parent Company Iberdrola Marks Spain's Contributions to U.S. Independence.
Avangrid Third Quarter 2023 Financial Results Available on Company's Website
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) posted its third quarter 2023 earnings release and presentation in the Investors section of the Company's website. Interested parties can acce...
Avangrid and Copenhagen Infrastructure Partners Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.
BOSTON--(BUSINESS WIRE)-- #CleanEnergy--Avangrid and CIP Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.
Avangrid Establishes New Compliance Unit to Expand Leadership Involvement in its Compliance Program
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Establishes New Compliance Unit to Expand Leadership Involvement in its Compliance Program.
Avangrid Employees Volunteer More than 5,500 Hours During Company's Volunteer Week
ORANGE, Conn.--(BUSINESS WIRE)-- #GivingBack--Avangrid Employees Volunteer More than 5,500 Hours During Company's Volunteer Week.
Avangrid Declares Quarterly Dividend
ORANGE, Conn.--(BUSINESS WIRE)--Today Avangrid, Inc. (NYSE: AGR) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock. This dividend is payable Ja...
Avangrid Subsidiary CMP Wins $30M Federal Smart Grid Technology Grant
ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Subsidiary CMP Wins $30M Federal Smart Grid Technology Grant.
Avangrid, CIP Announce Successful Installation of the First Turbine for Vineyard Wind 1
BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in green ener...
Avangrid Subsidiaries NYSEG and RG&E's Reliable Energy New York Plan Approved by State: Plan Allows for Critical Investments Necessary for Safety, Reliability, and the Transition to the Clean Energy Future
BINGHAMTON, N.Y.--(BUSINESS WIRE)-- #CleanEnergyFuture--Avangrid Subsidiaries NYSEG and RG&E's Reliable Energy New York Plan Approved by State.
Avangrid Hosts First Trades Job Fair for Local Technical High School Students
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Hosts First Trades Job Fair for Local Technical High School Students.
Avangrid Hosts its First Ever Supplier Diversity Summit
ORANGE, Conn.--(BUSINESS WIRE)-- #DEI--Avangrid Hosts its First Ever Supplier Diversity Summit.