AGR - Avangrid Inc Stock Price, Fair Value and News

37.02USD+0.18 (+0.49%)Market Closed

Market Summary

USD37.02+0.18

Market Closed

0.49%

AGR Stock Price

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AGR RSI Chart

AGR Valuation

Market Cap

14.3B

Price/Earnings (Trailing)

18.14

Price/Sales (Trailing)

1.72

EV/EBITDA

7.01

Price/Free Cashflow

-6.95

AGR Price/Sales (Trailing)

AGR Profitability

EBT Margin

7.90%

Return on Equity

Return on Assets

1.79%

Free Cashflow Yield

-14.4%

AGR Fundamentals

AGR Revenue

Revenue (TTM)

8.3B

Rev. Growth (Yr)

5.75%

Rev. Growth (Qtr)

15.6%

AGR Earnings

Earnings (TTM)

786.0M

Earnings Growth (Yr)

170.07%

Earnings Growth (Qtr)

572.88%

Breaking Down AGR Revenue

Last 7 days

3.3%

Last 30 days

3.0%

Last 90 days

23.3%

Trailing 12 Months

-10.0%

How does AGR drawdown profile look like?

AGR Financial Health

Current Ratio

0.65

Debt/Equity

0.07

Debt/Cashflow

0.65

AGR Investor Care

Dividend Yield

4.77%

Dividend/Share (TTM)

1.76

Shares Dilution (1Y)

0.04%

Diluted EPS (TTM)

2.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	8.3B	8.0B	8.2B	8.3B
2022	7.1B	7.5B	7.7B	7.9B
2021	6.5B	6.6B	6.7B	7.0B
2020	6.3B	6.3B	6.3B	6.3B
2019	6.5B	6.5B	6.4B	6.3B
2018	6.1B	6.1B	6.3B	6.5B
2017	6.1B	6.0B	5.9B	6.0B
2016	4.8B	5.3B	5.7B	6.0B
2015	4.5B	4.5B	4.4B	4.4B
2014	0	0	4.5B	4.6B
2013	0	0	0	4.3B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Avangrid Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	solomont alan d	bought	5,039	36.52	138	-
Mar 01, 2024	miranda soto jose antonio	acquired	-	-	4,940	see below
Mar 01, 2024	azagra blazquez pedro	sold (taxes)	-102,760	31.13	-3,301	chief executive officer
Mar 01, 2024	azagra blazquez pedro	acquired	-	-	10,532	chief executive officer
Mar 01, 2024	stempien catherine s	sold (taxes)	-158,545	31.13	-5,093	see below
Mar 01, 2024	lagasse justin	acquired	-	-	1,428	svp - cfo and controller
Mar 01, 2024	miranda soto jose antonio	sold (taxes)	-48,033	31.13	-1,543	see below
Mar 01, 2024	lagasse justin	sold (taxes)	-15,409	31.13	-495	svp - cfo and controller
Mar 01, 2024	stempien catherine s	acquired	-	-	16,250	see below
Mar 01, 2024	mahoney r. scott	back to issuer	-	-	-9,100	svp - general counsel & sec.

Which funds bought or sold AGR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Principle Wealth Partners LLC	added	100	424,125	763,782	0.03%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-40.06	-13,807	29,990	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-34.44	-52,000	148,000	-%
Apr 23, 2024	FIFTH THIRD BANCORP	new	-	765	765	-%
Apr 23, 2024	Venturi Wealth Management, LLC	added	16.67	1,031	4,337	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-1.85	2,312	44,791	-%
Apr 22, 2024	IFM Investors Pty Ltd	new	-	361,521	361,521	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	0.32	57,567	507,631	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	new	-	213,934	213,934	-%
Apr 19, 2024	Maryland State Retirement & Pension System	new	-	200,771	200,771	-%

Are Funds Buying or Selling AGR?

Are funds buying AGR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AGR

No. of Funds

Unveiling Avangrid Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 07, 2022	iberdrola, s.a.	81.5%	315,659,357	SC 13G/A

Recent SEC filings of Avangrid Inc

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	8-K	Current Report
Apr 15, 2024	8-K	Current Report
Apr 01, 2024	4	Insider Trading
Mar 18, 2024	8-K/A	Current Report
Mar 13, 2024	4	Insider Trading
Mar 07, 2024	8-K	Current Report
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading

Peers (Alternatives to Avangrid Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AEP	44.4B	19.0B	3.12%	-9.23%	20.06	2.34	-3.35%	-4.03%
AWK	23.3B	4.2B	1.79%	-20.89%	24.73	5.51	11.66%	15.12%
AEE	19.7B	7.5B	3.24%	-18.43%	17.03	2.63	-5.74%	7.23%
ATO	17.7B	3.9B	0.92%	1.22%	19.18	4.49	-15.47%	16.09%
NRG	14.9B	28.8B	6.42%	104.23%	-73.61	0.52	-8.62%	-116.54%
AGR	14.3B	8.3B	2.96%	-10.05%	18.14	1.72	4.87%	-10.78%
AES	12.2B	12.7B	5.42%	-28.09%	60.95	0.96	0.40%	141.39%
CPK	2.3B	670.6M	0.69%	-17.52%	26.95	3.5	-1.48%	-2.88%
MID-CAP
PNW	8.5B	4.7B	2.04%	-7.93%	16.29	1.8	8.59%	3.59%
ALE	3.4B	1.9B	2.22%	-6.21%	13.93	1.83	19.68%	30.53%
AVA	2.8B	1.7B	5.58%	-20.45%	16.25	1.6	2.36%	10.31%
SMALL-CAP
CWCO	392.1M	180.2M	-13.82%	45.00%	13.18	2.18	91.50%	388.02%
CDZI	150.2M	2.0M	-14.50%	-47.79%	-4.78	74.74	33.96%	-26.84%
VIA	34.9M	436.8M	-0.82%	-0.09%	2.33	0.08	-5.23%	97.61%
CREG	9.4M	-	6.09%	-19.21%	-12.58	12.3	-88.45%	83.25%

Avangrid Inc News

Latest updates

Avangrid Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	15.6%	2,282,000	1,974,000	1,587,000	2,466,000	2,158,000	1,838,000	1,794,000	2,133,000	1,933,000	1,598,000	1,477,000	1,966,000	1,669,000	1,470,000	1,392,000	1,789,000	1,609,000	1,487,000	1,400,000	1,842,000	1,665,000
EBITDA Margin	13.3%	0.27*	0.24*	0.24*	0.24*	0.28*	0.29*	0.30*	0.30*	0.28*	0.29*	0.30*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	0.9%	108,000	107,000	99,000	95,000	77,000	76,000	79,000	71,000	80,000	70,000	75,000	73,000	65,000	86,000	89,000	76,000	84,000	72,000	76,000	78,000	84,000
Income Taxes	200.0%	8,000	-8,000	9,000	-18,000	6,000	-50,000	-4,000	68,000	21,000	-24,000	10,000	14,000	8,000	15,000	-6,000	12,000	66,000	33,000	29,000	41,000	39,000
Earnings Before Taxes	1534.8%	376,000	23,000	60,000	197,000	133,000	56,000	157,000	495,000	155,000	80,000	94,000	335,000	160,000	96,000	70,000	242,000	249,000	172,000	134,000	257,000	147,000
EBT Margin	56.5%	0.08*	0.05*	0.06*	0.07*	0.11*	0.11*	0.12*	0.12*	0.10*	0.10*	0.10*	-	-	-	-	-	-	-	-	-	-
Net Income	572.9%	397,000	59,000	85,000	245,000	147,000	105,000	184,000	445,000	164,000	111,000	98,000	334,000	166,000	87,000	88,000	240,000	223,000	150,000	110,000	217,000	119,000
Net Income Margin	44.5%	0.09*	0.07*	0.07*	0.08*	0.11*	0.12*	0.12*	0.11*	0.10*	0.11*	0.10*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-76.0%	-732,000	-416,000	-273,000	-632,000	-438,000	-448,000	-175,000	-423,000	-512,000	-490,000	-215,000	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.8%	43,989	42,386	41,606	41,458	41,123	39,907	39,752	39,541	39,504	38,879	38,650	37,768	37,823	35,640	34,856	34,593	34,394	33,547	33,141	32,608	32,167
Current Assets	11.3%	3,404	3,058	2,751	3,140	3,210	2,804	2,989	3,229	3,777	3,627	3,670	3,239	3,777	1,923	1,713	1,896	2,025	1,880	1,803	1,998	1,963
Cash Equivalents	21.3%	91.00	75.00	58.00	72.00	69.00	63.00	414	651	1,477	1,414	1,733	817	1,467	106	51.00	32.00	184	108	172	38.00	43.00
Net PPE	2.5%	32,857	32,068	31,737	31,249	30,994	30,406	30,063	29,719	28,866	28,158	27,648	27,168	26,751	26,432	25,882	25,488	25,196	787	24,373	23,555	23,459
Goodwill	0%	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,119	3,127	3,127	3,127	3,127
Liabilities	5.9%	23,313	22,011	21,163	20,948	20,781	19,573	19,366	19,481	19,543	19,053	18,815	21,776	21,997	19,786	18,940	18,685	18,855	18,029	17,592	17,152	16,764
Current Liabilities	33.4%	5,239	3,927	4,655	4,570	4,416	3,803	3,346	3,300	3,329	3,112	2,958	2,792	3,069	4,184	3,235	3,447	3,589	2,848	2,812	3,153	3,004
Short Term Borrowings	-	-	-	4.00	4.00	171	131	94.00	35.00	161	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-	1,406	-	100	8,235	1,977	7,764	7,888	8,033	7,922	7,486	7,274	7,401	7,478	7,081	7,159	6,715	6,716	6,718	6,282	5,487	5,368
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	313	813	523	726	730	232	374	325	394
LT Debt, Non Current	-	1,406	-	100	-	1,977	7,764	7,888	8,033	7,922	7,486	7,274	7,401	7,478	7,081	7,159	6,715	6,716	6,718	6,282	5,487	5,368
Shareholder's Equity	1.1%	19,648	19,439	20,443	20,510	19,380	20,334	20,386	20,060	19,961	19,826	19,835	15,992	15,826	15,807	15,869	15,861	15,539	15,518	15,549	15,456	15,389
Retained Earnings	12.6%	2,015	1,789	1,900	1,985	1,910	1,934	2,003	1,819	1,714	1,723	1,790	1,864	1,666	1,684	1,733	1,784	1,634	1,599	1,594	1,620	1,528
Additional Paid-In Capital	0.0%	17,701	17,699	17,695	17,697	17,694	17,688	17,687	17,683	17,679	17,675	17,671	13,667	13,665	13,664	13,664	13,667	13,660	13,659	13,659	13,658	13,657
Accumulated Depreciation	-100.0%	-	12,278	12,035	11,789	11,542	11,302	11,071	10,830	10,589	10,421	10,185	10,028	9,799	9,713	9,493	9,262	9,059	8,886	8,692	8,518	8,359
Shares Outstanding	0%	387	387	387	387	387	387	387	387	358	348	328	309	-	-	-	-	-	-	-	-	-
Minority Interest	9.8%	1,028	936	966	1,003	962	983	976	879	885	724	596	611	617	631	638	582	349	368	414	298	299
Float	-	-	-	2,665	-	-	-	3,262	-	-	-	3,684	-	-	-	2,374	-	-	-	2,836	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	500.0%	162	27.00	526	204	141	89.00	417	388	567	143	426	425	196	208	577	307	344	427	502	315	464
Cashflow From Investing	-130.2%	-1,075	-467	-738	-819	-528	-528	-544	-948	-975	-464	-362	-639	-902	-604	-603	-749	-552	-704	-926	-526	-521
Cashflow From Financing	99.4%	923	463	198	618	396	88.00	-110	-266	471	2.00	852	-436	2,067	451	45.00	290	284	213	558	206	60.00
Dividend Payments	0.6%	171	170	170	170	171	170	170	170	170	171	136	136	137	136	136	136	137	136	137	135	136
Buy Backs	-	-	-	-	-	-	-	-	-	31.00	-	-	2.00	-	-	2.00	-	-	-	-	-	-

AGR Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Millions	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Operating Revenues	$ 8,309	$ 7,923	$ 6,974
Operating Expenses
Purchased power, natural gas and fuel used	2,429	2,456	1,719
Operations and maintenance	3,109	2,872	2,706
Depreciation and amortization	1,158	1,085	1,014
Taxes other than income taxes, net	683	658	640
Total Operating Expenses	7,379	7,071	6,079
Operating Income	930	852	895
Other Income and (Expense)
Other income	129	30	60
Earnings (losses) from equity method investments	6	262	7
Interest expense, net of capitalization	(409)	(303)	(298)
Income Before Income Tax	656	841	664
Income tax (benefit) expense	(9)	20	21
Net Income	665	821	643
Net loss attributable to noncontrolling interests	121	60	64
Net Income Attributable to Avangrid, Inc.	$ 786	$ 881	$ 707
Earnings Per Common Share, Basic (in dollars per share)	$ 2.03	$ 2.28	$ 1.97
Earnings Per Common Share, Diluted (in dollars per share)	$ 2.03	$ 2.27	$ 1.97
Weighted-average Number of Common Shares Outstanding:
Basic (in shares)	386,810,088	386,727,246	358,086,621
Diluted (in shares)	387,164,874	387,215,785	358,578,608

AGR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 91	$ 69
Derivative assets	68	60
Fuel and gas in storage	185	268
Materials and supplies	310	235
Prepayments and other current assets	429	386
Regulatory assets	718	447
Total Current Assets	3,404	3,210
Total Property, Plant and Equipment ($2,643 and $2,707 related to VIEs, respectively)	32,857	30,994
Operating lease right-of-use assets	195	159
Equity method investments	718	437
Other investments	46	49
Regulatory assets	2,811	2,321
Other Assets
Goodwill	3,119	3,119
Intangible assets	284	281
Derivative assets	162	140
Other	393	413
Total Other Assets	3,958	3,953
Total Assets	43,989	41,123
Current Liabilities
Current portion of debt	612	412
Interest accrued	104	66
Accounts payable and accrued liabilities	1,924	2,007
Dividends payable	170	170
Taxes accrued	66	61
Operating lease liabilities	16	13
Derivative liabilities	64	133
Other current liabilities	662	593
Regulatory liabilities	261	354
Total Current Liabilities	5,239	4,416
Regulatory liabilities	2,694	2,915
Other Non-current Liabilities
Deferred income taxes	2,451	2,234
Deferred income	996	1,062
Pension and other postretirement	554	491
Operating lease liabilities	199	161
Derivative liabilities	111	164
Asset retirement obligations	306	273
Environmental remediation costs	254	279
Other	525	563
Total Other Non-current Liabilities	5,396	5,227
Total Non-current Liabilities	18,074	16,365
Total Liabilities	23,313	20,781
Commitments and Contingencies	0	0
Stockholders' Equity:
Common stock, $.01 par value, 500,000,000 shares authorized, 387,872,787 and 387,734,757 shares issued; 386,770,915 and 386,628,586 shares outstanding, respectively	4	3
Additional paid-in capital	17,701	17,694
Treasury stock	(47)	(47)
Retained earnings	2,015	1,910
Accumulated other comprehensive loss	(25)	(180)
Total Stockholders’ Equity	19,648	19,380
Noncontrolling interests	1,028	962
Total Equity	20,676	20,342
Total Liabilities and Equity	43,989	41,123
Nonrelated Party
Current Assets
Accounts receivable from affiliates	1,588	1,737
Current Liabilities
Notes payable	1,347	566
Other Non-current Liabilities
Non-current debt	9,184	8,215
Related Party
Current Assets
Accounts receivable from affiliates	11	5
Notes receivable from affiliates	4	3
Current Liabilities
Notes payable	13	2
Accounts payable to affiliates	0	39
Other Non-current Liabilities
Non-current debt	$ 800	$ 8

About Avangrid Inc

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 gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. In addition, the company generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. It owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 9.2 gigawatts of electricity capacity primarily through wind power in 22 states. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.

CEO	Mr. Pedro Azagra Blazquez
WEBSITE	avangrid.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	7600

Avangrid Inc Frequently Asked Questions

What is the ticker symbol for Avangrid Inc? What does AGR stand for in stocks?

AGR is the stock ticker symbol of Avangrid Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Avangrid Inc (AGR)?

As of Tue Apr 23 2024, market cap of Avangrid Inc is 14.26 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AGR stock?

You can check AGR's fair value in chart for subscribers.

What is the fair value of AGR stock?

You can check AGR's fair value in chart for subscribers. The fair value of Avangrid Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Avangrid Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AGR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Avangrid Inc a good stock to buy?

The fair value guage provides a quick view whether AGR is over valued or under valued. Whether Avangrid Inc is cheap or expensive depends on the assumptions which impact Avangrid Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AGR.

What is Avangrid Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, AGR's PE ratio (Price to Earnings) is 18.14 and Price to Sales (PS) ratio is 1.72. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AGR PE ratio will change depending on the future growth rate expectations of investors.