AGR - Avangrid Inc Stock Price, Fair Value and News

37.30USD+0.45 (+1.22%)Market Closed

Market Summary

USD37.30+0.45

Market Closed

1.22%

AGR Alerts

Big jump in Earnings (Y/Y)

AGR Stock Price

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AGR RSI Chart

AGR Valuation

Market Cap

14.4B

Price/Earnings (Trailing)

16.18

Price/Sales (Trailing)

1.75

EV/EBITDA

6.49

Price/Free Cashflow

-6.74

AGR Price/Sales (Trailing)

AGR Profitability

EBT Margin

9.70%

Return on Equity

4.49%

Return on Assets

1.98%

Free Cashflow Yield

-14.83%

AGR Fundamentals

AGR Revenue

Revenue (TTM)

8.3B

Rev. Growth (Yr)

-1.99%

Rev. Growth (Qtr)

5.92%

AGR Earnings

Earnings (TTM)

892.0M

Earnings Growth (Yr)

43.27%

Earnings Growth (Qtr)

-11.59%

Breaking Down AGR Revenue

Last 7 days

1.4%

Last 30 days

4.3%

Last 90 days

23.4%

Trailing 12 Months

-9.1%

How does AGR drawdown profile look like?

AGR Financial Health

Current Ratio

0.58

Debt/Equity

0.07

Debt/Cashflow

0.62

AGR Investor Care

Dividend Yield

4.72%

Dividend/Share (TTM)

1.76

Shares Dilution (1Y)

0.07%

Diluted EPS (TTM)

2.31

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	8.3B	0	0	0
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

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Tracking the Latest Insider Buys and Sells of Avangrid Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	solomont alan d	bought	4,997	36.48	137	-
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	lagasse justin	sold (taxes)	-15,409	31.13	-495	svp - cfo and controller
Mar 01, 2024	mahoney r. scott	back to issuer	-	-	-9,100	svp - general counsel & sec.
Mar 01, 2024	mahoney r. scott	acquired	-	-	9,100	svp - general counsel & sec.
Mar 01, 2024	solomont alan d	bought	5,003	31.08	161	-
Mar 01, 2024	stempien catherine s	acquired	-	-	16,250	see below

Which funds bought or sold AGR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	CITIGROUP INC	added	759	3,645,400	4,066,080	-%
May 10, 2024	DIMENSIONAL FUND ADVISORS LP	added	13.73	3,064,620	14,064,600	-%
May 10, 2024	PNC Financial Services Group, Inc.	added	5.82	65,913	413,133	-%
May 10, 2024	Cullen/Frost Bankers, Inc.	unchanged	-	644	5,830	-%
May 10, 2024	JUPITER ASSET MANAGEMENT LTD	sold off	-100	-5,428,030	-	-%
May 10, 2024	CIBC Private Wealth Group, LLC	new	-	1,621	1,621	-%
May 10, 2024	JPMORGAN CHASE & CO	reduced	-20.76	-2,903,320	23,713,600	-%
May 10, 2024	TD Waterhouse Canada Inc.	new	-	3,605	3,605	-%
May 10, 2024	MACKENZIE FINANCIAL CORP	added	5.75	11,743,800	73,884,300	0.11%
May 10, 2024	FOSTER DYKEMA CABOT & PARTNERS, LLC	new	-	24,451	24,451	-%

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

AGR Alerts

Big jump in Earnings (Y/Y)

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
May 07, 2024	8-K	Current Report
May 02, 2024	4/A	Insider Trading
May 01, 2024	4	Insider Trading
Apr 26, 2024	10-K/A	Annual Report
Apr 24, 2024	10-Q	Quarterly Report
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

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
CPK	2.5T	698.2M	8.39%	-12.53%	25.4K	3.5K	3.29%	8.78%
AEP	48.2B	19.3B	11.47%	-0.15%	17.12	2.5	-2.13%	41.75%
AWK	26.1B	4.3B	14.82%	-10.63%	27.19	6.05	10.78%	15.26%
AEE	19.9B	7.3B	3.82%	-15.07%	17.22	2.74	-10.88%	5.77%
ATO	17.6B	4.1B	2.07%	-2.35%	17.56	4.33	-11.13%	20.48%
NRG	17.2B	28.5B	11.51%	151.42%	10.45	0.6	-9.05%	188.86%
AGR	14.4B	8.3B	4.34%	-9.07%	16.18	1.75	0.05%	30.98%
AES	14.2B	12.5B	18.52%	-8.98%	-2.2K	1.13	-3.77%	98.49%
MID-CAP
PNW	8.7B	4.7B	6.58%	-4.73%	16.22	1.86	4.84%	12.15%
ALE	3.7B	1.7B	8.90%	2.57%	15.29	2.13	-1.93%	32.23%
AVA	3.0B	1.9B	12.53%	-13.08%	15.93	1.59	9.47%	35.66%
SMALL-CAP
CWCO	448.0M	180.2M	14.96%	60.81%	15.07	2.49	91.50%	388.02%
CDZI	167.7M	2.0M	7.76%	-40.48%	-5.33	83.41	33.96%	-26.84%
VIA	35.4M	415.8M	0.46%	-13.52%	1.49	0.09	-11.16%	525.10%
CREG	8.0M	-	-23.48%	-36.08%	-10.77	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	5.9%	2,417	2,282	1,974	1,587	2,466	2,158	1,838	1,794	2,133	1,933	1,598	1,477	1,966	1,669	1,470	1,392	1,789	1,609	1,487	1,400	1,842
EBITDA Margin	9.3%	0.29*	0.27*	0.24*	0.24*	0.24*	0.28*	0.29*	0.30*	0.30*	0.28*	0.29*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	15.7%	125	108	107	99.00	95.00	77.00	76.00	79.00	71.00	80.00	70.00	75.00	73.00	65.00	86.00	89.00	76.00	84.00	72.00	76.00	78.00
Income Taxes	150.0%	20.00	8.00	-8.00	9.00	-18.00	6.00	-50.00	-4.00	68.00	21.00	-24.00	10.00	14.00	8.00	15.00	-6.00	12.00	66.00	33.00	29.00	41.00
Earnings Before Taxes	-9.0%	342	376	23.00	60.00	197	133	56.00	157	495	155	80.00	94.00	335	160	96.00	70.00	242	249	172	134	257
EBT Margin	22.8%	0.10*	0.08*	0.05*	0.06*	0.07*	0.11*	0.11*	0.12*	0.12*	0.10*	0.10*	-	-	-	-	-	-	-	-	-	-
Net Income	-11.6%	351	397	59.00	85.00	245	147	105	184	445	164	111	98.00	334	166	87.00	88.00	240	223	150	110	217
Net Income Margin	14.2%	0.11*	0.09*	0.07*	0.07*	0.08*	0.11*	0.12*	0.12*	0.11*	0.10*	0.11*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	1.8%	-719	-732	-416	-273	-632	-438	-448	-175	-423	-512	-490	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.4%	45,062	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
Current Assets	6.3%	3,619	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
Cash Equivalents	67.0%	152	91.00	75.00	58.00	75.00	72.00	63.00	414	651	1,477	1,414	1,733	817	1,467	106	51.00	32.00	184	108	172	38.00
Net PPE	1.4%	33,323	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
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	3,119	3,127	3,127	3,127
Liabilities	3.7%	24,173	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
Current Liabilities	18.5%	6,208	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
Short Term Borrowings	-	-	-	-	4.00	4.00	171	131	94.00	35.00	161	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-100.0%	-	1,406	-	100	8,235	-	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
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	313	813	523	726	730	232	374	325
LT Debt, Non Current	-100.0%	-	1,406	-	100	-	-	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
Shareholder's Equity	1.2%	19,876	19,648	19,439	20,443	20,510	20,342	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
Retained Earnings	9.0%	2,196	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
Additional Paid-In Capital	0.0%	17,702	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
Accumulated Depreciation	2.0%	12,732	12,479	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
Shares Outstanding	0.0%	387	387	387	387	387	387	387	387	387	358	348	347	-	-	-	-	-	-	-	-	-
Minority Interest	-1.5%	1,013	1,028	936	966	1,003	962	983	976	879	885	724	596	611	617	631	638	582	349	368	414	298
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-5.6%	153	162	27.00	526	204	141	89.00	417	388	567	143	426	425	196	208	577	307	344	427	502	315
Cashflow From Investing	12.2%	-944	-1,075	-467	-738	-819	-528	-528	-544	-948	-975	-464	-362	-639	-902	-604	-603	-749	-552	-704	-926	-526
Cashflow From Financing	-7.7%	852	923	463	198	618	396	88.00	-110	-266	471	2.00	852	-436	2,067	451	45.00	290	284	213	558	206
Dividend Payments	-0.6%	170	171	170	170	170	171	170	170	170	170	171	136	136	137	136	136	136	137	136	137	135
Buy Backs	-	-	-	-	-	-	-	-	-	-	31.00	-	-	2.00	-	-	2.00	-	-	-	-	-

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AGR Income Statement

2024-03-31

Condensed Consolidated Statements of Income (unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Operating Revenues	$ 2,417	$ 2,466
Operating Expenses
Purchased power, natural gas and fuel used	724	977
Operations and maintenance	792	761
Depreciation and amortization	298	280
Taxes other than income taxes	196	183
Total Operating Expenses	2,010	2,201
Operating Income	407	265
Other Income and (Expense)
Other income	54	25
Earnings from equity method investments	6	2
Interest expense, net of capitalization	(125)	(95)
Income Before Income Tax	342	197
Income tax expense (benefit)	20	(18)
Net Income	322	215
Net loss attributable to noncontrolling interests	29	30
Net Income Attributable to Avangrid, Inc.	$ 351	$ 245
Earnings Per Common Share, Basic (in dollars per share)	$ 0.91	$ 0.63
Earnings Per Common Share, Diluted (in dollars per share)	$ 0.91	$ 0.63
Weighted-average Number of Common Shares Outstanding:
Basic (in shares)	386,916,234	386,744,996
Diluted (in shares)	387,239,544	387,077,213

AGR Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 152	$ 91
Derivative assets	87	68
Fuel and gas in storage	169	185
Materials and supplies	321	310
Prepayments and other current assets	496	429
Regulatory assets	745	718
Total Current Assets	3,619	3,404
Total Property, Plant and Equipment ($2,621 and $2,643 related to VIEs, respectively)	33,323	32,857
Operating lease right-of-use assets	204	195
Equity method investments	836	718
Other investments	49	46
Regulatory assets	3,061	2,811
Other Assets
Goodwill	3,119	3,119
Intangible assets	280	284
Derivative assets	185	162
Other	386	393
Total Other Assets	3,970	3,958
Total Assets	45,062	43,989
Current Liabilities
Current portion of debt	729	612
Interest accrued	116	104
Accounts payable and accrued liabilities	1,769	1,924
Dividends payable	171	170
Taxes accrued	88	66
Operating lease liabilities	15	16
Derivative liabilities	66	64
Other current liabilities	584	662
Regulatory liabilities	275	261
Total Current Liabilities	6,208	5,239
Regulatory liabilities	2,676	2,694
Other Non-current Liabilities
Deferred income taxes	2,501	2,451
Deferred income	979	996
Pension and other postretirement	546	554
Operating lease liabilities	208	199
Derivative liabilities	116	111
Asset retirement obligations	310	306
Environmental remediation costs	243	254
Other	527	525
Total Other Non-current Liabilities	5,430	5,396
Total Non-current Liabilities	17,965	18,074
Total Liabilities	24,173	23,313
Commitments and Contingencies	0	0
Stockholders’ Equity:
Common stock, $.01 par value, 500,000,000 shares authorized, 388,008,132 and 387,872,787 shares issued; 386,906,260 and 386,770,915 shares outstanding, respectively	4	4
Additional paid in capital	17,702	17,701
Treasury stock	(47)	(47)
Retained earnings	2,196	2,015
Accumulated other comprehensive income (loss)	21	(25)
Total Stockholders’ Equity	19,876	19,648
Non-controlling interests	1,013	1,028
Total Equity	20,889	20,676
Total Liabilities and Equity	45,062	43,989
Nonrelated Party
Current Assets
Accounts receivable and unbilled revenues, net	1,640	1,588
Current Liabilities
Notes payable	1,862	1,347
Other Non-current Liabilities
Non-current debt	9,059	9,184
Related Party
Current Assets
Accounts receivable and unbilled revenues, net	5	11
Notes receivable from affiliates	4	4
Current Liabilities
Notes payable	515	13
Accounts payable to affiliates	18	0
Other Non-current Liabilities
Non-current debt	$ 800	$ 800

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 Mon May 13 2024, market cap of Avangrid Inc is 14.43 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 Mon May 13 2024, AGR's PE ratio (Price to Earnings) is 16.18 and Price to Sales (PS) ratio is 1.75. 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.