Avangrid, Inc. (AGR)

NYSE: AGR · IEX Real-Time Price · USD
36.97
+0.12 (0.33%)
May 10, 2024, 11:10 AM EDT - Market open
0.33%
Market Cap 14.30B
Revenue (ttm) 8.26B
Net Income (ttm) 892.00M
Shares Out 386.91M
EPS (ttm) 2.31
PE Ratio 15.95
Forward PE 15.09
Dividend $1.76 (4.76%)
Ex-Dividend Date Jun 3, 2024
Volume 127,983
Open 36.95
Previous Close 36.85
Day's Range 36.82 - 37.09
52-Week Range 27.46 - 41.22
Beta 0.55
Analysts Sell
Price Target 34.50 (-6.68%)
Earnings Date Apr 23, 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 through Networks and Renewables segments. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. In addition, the company operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. Further, it ... [Read more]

Sector Utilities
Founded 1847
Employees 7,999
Stock Exchange NYSE
Ticker Symbol AGR
Full Company Profile

Financial Performance

In 2023, Avangrid's revenue was $8.31 billion, an increase of 4.87% compared to the previous year's $7.92 billion. Earnings were $786.00 million, a decrease of -10.78%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AGR stock is "Sell." The 12-month stock price forecast is $34.5, which is a decrease of -6.68% from the latest price.

Price Target
$34.5
(-6.68% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Avangrid's Seventh Innovation Forum Brings Together Top Universities, National Labs and Incubators to Spark Collaboration

ORANGE, Conn.--(BUSINESS WIRE)-- #Innovation--Avangrid's Seventh Innovation Forum Brings Together Top Universities, National Labs and Incubators to Spark Collaboration.

1 day ago - Business Wire

Avangrid's Innovative Condor Conservation Plan Contributes to Rearing of 12 California Condors

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has successfully met and exceeded condition...

8 days ago - Business Wire

Statement From Avangrid CEO Pedro Azagra on Groundbreaking of New Array Technologies Manufacturing Facility in New Mexico

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today issued a statement from Avangrid CEO Pedro Azagra on the groun...

10 days ago - Business Wire

Avangrid CEO Pedro Azagra Named City & State Trailblazer in Clean Energy

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid CEO Pedro Azagra Named City & State Trailblazer in Clean Energy.

16 days ago - Business Wire

Avangrid First Quarter 2024 Financial Results Available on Company's Website

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) posted its first quarter 2024 financial results in the Investors section of the Company's website. Interested parties can access using the fol...

16 days ago - Business Wire

Forbes Names Avangrid Among America's Best Employers for Diversity

ORANGE, Conn.--(BUSINESS WIRE)-- #AmericasBestEmployersforDiversity--Forbes Names Avangrid Among America's Best Employers for Diversity.

16 days ago - Business Wire

Avangrid's 2023 Sustainability Report Surpasses Previous Year Results on Climate Action

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--On Earth Day, Avangrid's 2023 Sustainability Report Surpasses Previous Year Results on Climate Action.

17 days ago - Business Wire

Avangrid Featured on “EARTH with John Holden” to Kick off Earth Week

ORANGE, Conn.--(BUSINESS WIRE)-- #AcceleratingTransformation--Avangrid Featured on “EARTH with John Holden” to Kick off Earth Week.

18 days ago - Business Wire

Avangrid Thanks Southern Connecticut Gas Employee for 51 Years of Service

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Thanks Southern Connecticut Gas Employee for 51 Years of Service.

21 days ago - Business Wire

Avangrid Launches Lineworker Recruitment Efforts to Mark Lineworker Appreciation Day

ORANGE, Conn.--(BUSINESS WIRE)-- #LineworkerAppreciationDay--Avangrid Launches Lineworker Recruitment Efforts to Mark Lineworker Appreciation Day.

21 days ago - Business Wire

Avangrid Receives Final Shipment of Solar Panels at True North Solar Project in Texas, a Key Step Toward On-Time Construction

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it received its final shipment of solar panels...

22 days ago - Business Wire

Avangrid Schedules First Quarter 2024 Earnings

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) will be releasing its first quarter 2024 financial results on Tuesday, April 23, 2024, after the market closes. All first quarter earnings inf...

23 days ago - Business Wire

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 Ju...

4 weeks ago - Business Wire

Construction Begins at Avangrid's First California Solar Farm

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that construction is now underway at the Camino Sol...

4 weeks ago - Business Wire

Avangrid Recognized for Job Quality Performance by JUST Capital

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Recognized for Job Quality Performance by JUST Capital.

4 weeks ago - Business Wire

Avangrid and Statkraft Establish U.S. Relationship with Virtual Power Purchase Agreement (VPPA)

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe's largest producer of renewable energy, today...

4 weeks ago - Business Wire

Avangrid Dispatches UI Crews, Resources to Assist Restoration Efforts in Maine

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, has deployed 103 lineworkers, 81 tree crews, 41 bucket and digger de...

4 weeks ago - Business Wire

Vineyard Wind Named Climate Change Project of the Year by Environmental Business Council of New England

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...

5 weeks ago - Business Wire

Avangrid Receives Federal Record of Decision for New England Wind

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has received the federal Record of Decision (ROD) f...

5 weeks ago - Business Wire

Avangrid Submits Multiple Proposals for Transformative New England Wind Projects to Regional Offshore Wind Solicitation

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England W...

6 weeks ago - Business Wire

Avangrid Foundation Celebrates National Reading Month

ORANGE, Conn.--(BUSINESS WIRE)-- #Literacy--Avangrid Foundation Celebrates National Reading Month.

6 weeks ago - Business Wire

Avangrid Foundation Provides $100,000 Grant to Expand Food Pantry at SUNY Broome

BINGHAMTON, N.Y.--(BUSINESS WIRE)-- #AvangridFoundation--Avangrid Foundation Provides $100,000 Grant to Expand Food Pantry at SUNY Broome.

7 weeks ago - Business Wire

Avangrid Foundation Grant to Support FeedMore WNY Commissary, Graduating Class of FeedMore WNY Workforce Development Program

BUFFALO, N.Y.--(BUSINESS WIRE)-- #FoodSecurity--Avangrid Foundation grant to support FeedMore WNY commissary, graduating class of FeedMore WNY workforce development program.

7 weeks ago - Business Wire

Avangrid Receives Eddy Award for Student Loan Debt Repayment Program

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Receives Eddy Award for Student Loan Debt Repayment Program.

7 weeks ago - Business Wire

Avangrid Launches New Educational Tool to Simplify Billing for Utility Customers

ORANGE, Conn.--(BUSINESS WIRE)-- #CustomerService--Avangrid Launches New Educational Tool to Simplify Billing for Utility Customers.

2 months ago - Business Wire