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Avangrid Inc Stock Research

AGR

39.78USD0.00(0.00%)Market Closed

Market Summary

USD39.780.00
Market Closed
0.00%

AGR Stock Price

AGR RSI Chart

AGR Valuation

Market Cap

15.4B

Price/Earnings (Trailing)

17.46

Price/Sales (Trailing)

1.94

EV/EBITDA

10.55

Price/Free Cashflow

-10.36

AGR Price/Sales (Trailing)

AGR Profitability

EBT Margin

10.61%

Return on Equity

4.55%

Return on Assets

2.14%

Free Cashflow Yield

-9.65%

AGR Fundamentals

AGR Revenue

Revenue (TTM)

7.9B

Revenue Y/Y

11.64%

Revenue Q/Q

17.41%

AGR Earnings

Earnings (TTM)

881.0M

Earnings Y/Y

-10.37%

Earnings Q/Q

40%

Price Action

52 Week Range

37.6451.71
(Low)(High)

Last 7 days

1.2%

Last 30 days

-2.9%

Last 90 days

-7.0%

Trailing 12 Months

-10.2%

AGR Financial Health

Current Ratio

0.73

Debt/Equity

0.42

Debt/Cashflow

0.13

AGR Investor Care

Dividend Yield

4.42%

Dividend/Share (TTM)

1.76

Shares Dilution (1Y)

0.02%

Diluted EPS (TTM)

2.27

Peers (Alternatives to Avangrid)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
151.5B
21.0B
-0.13% -6.43%
36.52
7.23
22.77% 16.06%
47.3B
19.6B
1.65% -1.22%
20.5
2.41
16.96% -7.33%
26.8B
12.3B
-4.32% -8.73%
18.95
2.18
24.60% 15.01%
21.5B
13.8B
-0.70% -2.94%
19.53
1.56
17.21% -1.37%
15.4B
7.9B
-2.86% -10.24%
17.46
1.94
13.61% 24.61%
MID-CAP
8.9B
4.3B
4.77% 9.89%
17.79
2.06
13.68% -21.25%
7.3B
31.5B
-13.33% -18.67%
5.94
0.23
16.87% -44.17%
7.2B
3.4B
-8.04% -4.74%
10.86
2.14
-7.61% -9.71%
5.4B
1.6B
2.19% -2.54%
21.04
3.31
12.75% 5.47%
4.1B
3.7B
-13.27% -8.92%
17.07
1.11
31.28% -2.03%
2.3B
620.7M
-1.69% 15.73%
31.49
3.75
8.19% 22.07%
SMALL-CAP
1.4B
162.4M
-11.55% -24.16%
31.93
8.34
13.48% 16.11%
886.7M
563.2M
5.51% 11.70%
21.42
1.57
18.99% 14.68%
278.1M
364.5M
-21.32% 49.86%
2.8
0.76
3.55% 9592.01%

Financials for Avangrid

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.9%7,9237,6987,4587,1416,974
EBITDA-0.4%2,2292,2382,2362,148-
EBITDA Margin-3.2%0.28*0.29*0.30*0.30*-
Earnings Before Taxes-2.5%841863887824664
EBT Margin-5.3%0.11*0.11*0.12*0.12*-
Interest Expenses-1.0%303306300296298
Net Income-1.9%881898904818707
Net Income Margin-4.7%0.11*0.12*0.12*0.11*-
Free Cahsflow4.7%-1,484-1,558-1,600-1,640-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets3.0%41,12339,90739,75239,54139,504
  Current Assets14.5%3,2102,8042,9893,2293,777
    Cash Equivalents15.0%69.0060.004116481,474
  Net PPE1.9%30,99430,40630,06329,71928,866
  Goodwill0%3,1193,1193,1193,1193,119
Liabilities6.2%20,78119,57319,36619,48119,543
  Current Liabilities16.1%4,4163,8033,3463,3003,329
  Long Term Debt3.7%8,2157,922---
    LT Debt, Non Current-1.6%7,7647,8888,0337,922-
Shareholder's Equity0.1%19,38019,35120,38620,06019,076
  Retained Earnings-1.2%1,9101,9342,0031,8191,714
  Additional Paid-In Capital0.0%17,69417,68817,68717,68317,679
Accumulated Depreciation2.1%11,30211,07110,83010,589-
Shares Outstanding0.0%387387387387387
Minority Interest-2.1%962983976879885
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-29.2%1,0351,4611,5151,5241,561
Cashflow From Investing14.9%-2,548-2,995-2,931-2,749-2,440
Cashflow From Financing-41.0%10818397.001,059889
  Dividend Payments0.1%681680681647613
  Buy Backs-100.0%0.0031.0031.0031.0033.00

Risks for AGR

What is the probability of a big loss on AGR?

28.5%


Probability that Avangrid stock will be more than 20% underwater in next one year

0%


Probability that Avangrid stock will be more than 30% underwater in next one year.

0%


Probability that Avangrid stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AGR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Avangrid was unfortunately bought at previous high price.

Drawdowns

Returns for AGR

Cumulative Returns on AGR

3.6%


7-Year Cumulative Returns

-1.5%


5-Year Cumulative Returns

-1.9%


3-Year Cumulative Returns

What are the long-term rolling returns for AGR?

FIve years rolling returns for Avangrid.

Annualized Returns

Which funds bought or sold AGR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
0.71
42,970
1,168,970
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-3.29
-2,000
664,000
-%
2023-02-28
Voya Investment Management LLC
added
426
1,683,930
2,064,930
-%
2023-02-24
NATIXIS
added
92.92
3,309,460
6,726,460
0.04%
2023-02-24
SRS Capital Advisors, Inc.
added
1.02
518
25,518
-%
2023-02-22
CVA Family Office, LLC
new
-
2,364
2,364
-%
2023-02-21
MACQUARIE GROUP LTD
added
54.68
674,976
1,812,980
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
27.54
27,441
119,441
-%
2023-02-17
Ascent Group, LLC
reduced
-2.81
52,751
2,031,750
0.24%
2023-02-15
Virtu Financial LLC
sold off
-100
-281,000
-
-%

1–10 of 48

Latest Funds Activity

Are funds buying AGR calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AGR
No. of Funds

Avangrid News

Defense World

Avangrid, Inc. (NYSE:AGR) Short Interest Up 6.6% in February.

Defense World,
45 hours ago

Schedule 13G FIlings of Avangrid

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 07, 2022
iberdrola, s.a.
81.5%
315,659,357
SC 13G/A

AGR Fair Value

Avangrid fair value in different scenarios

The table shows the Fair Value estimates for Avangrid for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

37.18

-6.54%

43.26

8.75%

62.16

56.26%

78.97

98.52%

93.98

136.25%
Current Inflation

35.11

-11.74%

40.30

1.31%

56.18

41.23%

70.17

76.40%

82.61

107.67%
Very High Inflation

32.53

-18.23%

36.70

-7.74%

49.17

23.60%

60.02

50.88%

69.63

75.04%

Historical Avangrid Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Avangrid

View All Filings
Date Filed Form Type Document
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Feb 22, 2023
10-K
Annual Report
Feb 21, 2023
8-K
Current Report
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4/A
Insider Trading

Latest Insider Trading transactions for AGR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
Stempien Catherine S
acquired
-
-
5,383
see below
2023-03-01
Stempien Catherine S
sold (taxes)
-66,370
38.1
-1,742
see below
2023-03-01
Solomont Alan D
bought
5,002
38.78
129
-
2023-02-01
Solomont Alan D
bought
4,998
42.00
119
-
2023-01-10
Azagra Blazquez Pedro
acquired
-
-
12,757
chief executive officer
2023-01-10
Azagra Blazquez Pedro
sold (taxes)
-178,667
43.92
-4,068
chief executive officer
2023-01-03
Solomont Alan D
bought
5,069
43.33
117
-
2022-12-02
Solomont Alan D
bought
5,021
42.92
117
-
2022-11-01
Solomont Alan D
bought
5,009
40.73
123
-
2022-10-03
Solomont Alan D
bought
5,079
42.33
120
-

1–10 of 50

Dennis V. Arriola
7350
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. 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 8.8 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.

AGR Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Operating Revenues$ 7,923$ 6,974$ 6,320
Operating Expenses   
Purchased power, natural gas and fuel used2,4561,7191,379
Operations and maintenance2,8722,7062,466
Depreciation and amortization1,0851,014987
Taxes other than income taxes, net658640619
Total Operating Expenses7,0716,0795,451
Operating Income852895869
Other Income and (Expense)   
Other income (expense)306018
Earnings (losses) from equity method investments2627(3)
Interest expense, net of capitalization(303)(298)(316)
Income Before Income Tax841664568
Income tax expense202129
Net Income821643539
Net loss attributable to noncontrolling interests606442
Net Income Attributable to Avangrid, Inc.$ 881$ 707$ 581
Earnings Per Common Share, Basic (in dollars per share)$ 2.28$ 1.97$ 1.88
Earnings Per Common Share, Diluted (in dollars per share)$ 2.27$ 1.97$ 1.88
Weighted-average Number of Common Shares Outstanding:   
Basic (in shares)386,727,246358,086,621309,494,939
Diluted (in shares)387,215,785358,578,608309,559,387

AGR Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 69$ 1,474
Accounts receivable and unbilled revenues, net1,7371,269
Accounts receivable from affiliates511
Notes receivable from affiliates30
Derivative assets6035
Fuel and gas in storage268139
Materials and supplies235204
Prepayments and other current assets386245
Regulatory assets447400
Total Current Assets3,2103,777
Total Property, Plant and Equipment ($2,707 and $1,959 related to VIEs, respectively)30,99428,866
Operating lease right-of-use assets159148
Equity method investments437560
Other investments4961
Regulatory assets2,3212,247
Other Assets  
Goodwill3,1193,119
Intangible assets281293
Derivative assets14059
Other413374
Total Other Assets3,9533,845
Total Assets41,12339,504
Current Liabilities  
Current portion of debt412372
Notes payable566159
Notes payable to affiliate22
Interest accrued6669
Accounts payable and accrued liabilities2,0071,586
Accounts payable to affiliates3961
Dividends payable170170
Taxes accrued6143
Operating lease liabilities1312
Derivative liabilities13364
Other current liabilities593484
Regulatory liabilities354307
Total Current Liabilities4,4163,329
Regulatory liabilities2,9153,022
Other Non-current Liabilities  
Deferred income taxes2,2342,016
Deferred income1,0621,130
Pension and other postretirement491684
Operating lease liabilities161149
Derivative liabilities164160
Asset retirement obligations273253
Environmental remediation costs279298
Other563580
Total Other Non-current Liabilities5,2275,270
Total Non-current Debt8,2157,922
Non-current debt to affiliate80
Total Non-current Liabilities16,36516,214
Total Liabilities20,78119,543
Commitments and Contingencies00
Stockholders' Equity:  
Common stock, $.01 par value, 500,000,000 shares authorized, 387,734,757 and 387,678,630 shares issued; 386,628,586 and 386,568,104 shares outstanding, respectively33
Additional paid-in capital17,69417,679
Treasury stock(47)(47)
Retained earnings1,9101,714
Accumulated other comprehensive loss(180)(273)
Total Stockholders’ Equity19,38019,076
Noncontrolling interests962885
Total Equity20,34219,961
Total Liabilities and Equity$ 41,123$ 39,504