avangrid inc - AGR

AGR

Close Chg Chg %
36.08 0.17 0.47%

Closed Market

36.25

+0.17 (0.47%)

Volume: 706.56K

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: avangrid inc - AGR

AGR Key Data

Open

$36.08

Day Range

36.06 - 36.29

52 Week Range

29.71 - 37.69

Market Cap

$13.96B

Shares Outstanding

386.91M

Public Float

70.93M

Beta

0.56

Rev. Per Employee

N/A

P/E Ratio

12.45

EPS

$2.90

Yield

487.81%

Dividend

$0.44

EX-DIVIDEND DATE

Dec 2, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

549.05K

 

AGR Performance

1 Week
 
0.72%
 
1 Month
 
1.34%
 
3 Months
 
0.69%
 
1 Year
 
15.35%
 
5 Years
 
-24.91%
 

AGR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 5
Full Ratings ➔

About avangrid inc - AGR

Avangrid, Inc. engages in the energy transmission and gas distribution. It operates through the following segments: Networks, Renewables, and Other. The Networks segment includes energy transmission and distribution, electric transmission, and gas distribution activities. The Renewables segment relates to renewable energy, mainly wind energy generation and trading related to such activities. The Other segment covers miscellaneous corporate revenues including intersegment eliminations. The company was founded in 1852 and is headquartered in Orange, CT.

AGR At a Glance

Avangrid, Inc.
180 Marsh Hill Road
Orange, Connecticut 06477
Phone 1-207-629-1190 Revenue 8.32B
Industry Electric Utilities Net Income 786.00M
Sector Utilities 2023 Sales Growth 3.897%
Fiscal Year-end 12 / 2024 Employees 7,999
View SEC Filings

AGR Valuation

P/E Current 12.454
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.965
Price to Sales Ratio 1.508
Price to Book Ratio 0.638
Price to Cash Flow Ratio 13.595
Enterprise Value to EBITDA 10.764
Enterprise Value to Sales 3.094
Total Debt to Enterprise Value 0.476

AGR Efficiency

Revenue/Employee 1,040,005.001
Income Per Employee 98,262.283
Receivables Turnover 5.19
Total Asset Turnover 0.195

AGR Liquidity

Current Ratio 0.65
Quick Ratio 0.555
Cash Ratio 0.017

AGR Profitability

Gross Margin 22.851
Operating Margin 14.641
Pretax Margin 7.886
Net Margin 9.448
Return on Assets 1.847
Return on Equity 4.028
Return on Total Capital 2.464
Return on Invested Capital 2.723

AGR Capital Structure

Total Debt to Total Equity 62.357
Total Debt to Total Capital 38.408
Total Debt to Total Assets 27.852
Long-Term Debt to Equity 52.097
Long-Term Debt to Total Capital 32.088
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Avangrid Inc - AGR

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
6.33B 7.09B 8.01B 8.32B
Sales Growth
+1.59% +12.06% +12.93% +3.90%
Cost of Goods Sold (COGS) incl D&A
4.77B 5.47B 6.66B 6.42B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
998.00M 1.03B 1.10B 1.17B
Depreciation
984.00M 1.01B 1.08B 1.16B
Amortization of Intangibles
14.00M 13.00M 14.00M 15.00M
COGS Growth
+1.55% +14.67% +21.67% -3.60%
Gross Income
1.55B 1.62B 1.35B 1.90B
Gross Income Growth
+1.70% +4.05% -16.63% +40.92%
Gross Profit Margin
+24.58% +22.82% +16.85% +22.85%
2020 2021 2022 2023 5-year trend
SG&A Expense
- - - -
-
Research & Development
- - - -
-
Other SG&A
- - - -
-
SGA Growth
- - - -
-
Other Operating Expense
619.00M 640.00M 658.00M 683.00M
Unusual Expense
1.00M 111.00M (68.00M) 33.00M
EBIT after Unusual Expense
935.00M 867.00M 759.00M 1.19B
Non Operating Income/Expense
(55.00M) 86.00M 384.00M (164.00M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
(3.00M) 7.00M 262.00M 6.00M
Interest Expense
312.00M 289.00M 302.00M 365.00M
Interest Expense Growth
+4.00% -7.37% +4.50% +20.86%
Gross Interest Expense
363.00M 322.00M 355.00M 480.00M
Interest Capitalized
51.00M 33.00M 53.00M 115.00M
Pretax Income
568.00M 664.00M 841.00M 656.00M
Pretax Income Growth
-30.65% +16.90% +26.66% -22.00%
Pretax Margin
+8.98% +9.37% +10.50% +7.89%
Income Tax
29.00M 21.00M 20.00M (9.00M)
Income Tax - Current - Domestic
12.00M 10.00M 2.00M 35.00M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
105.00M 121.00M 116.00M 54.00M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
88.00M 110.00M 98.00M 98.00M
Equity in Earnings of Affiliates
(3.00M) 7.00M 262.00M 6.00M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
539.00M 643.00M 821.00M 665.00M
Minority Interest Expense
(42.00M) (64.00M) (60.00M) (121.00M)
Net Income
581.00M 707.00M 881.00M 786.00M
Net Income Growth
-17.00% +21.69% +24.61% -10.78%
Net Margin Growth
+9.18% +9.97% +11.00% +9.45%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
581.00M 707.00M 881.00M 786.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
581.00M 707.00M 881.00M 786.00M
EPS (Basic)
1.8772 1.9744 2.2781 2.032
EPS (Basic) Growth
-17.00% +5.18% +15.38% -10.80%
Basic Shares Outstanding
309.49M 358.09M 386.73M 386.81M
EPS (Diluted)
1.8769 1.9717 2.2752 2.0301
EPS (Diluted) Growth
-17.01% +5.05% +15.39% -10.77%
Diluted Shares Outstanding
309.56M 358.58M 387.22M 387.16M
EBITDA
1.93B 2.00B 1.79B 2.39B
EBITDA Growth
+2.65% +3.62% -10.68% +33.58%
EBITDA Margin
+30.57% +28.27% +22.36% +28.74%

Snapshot

Average Recommendation UNDERWEIGHT Average Target Price 37.30
Number of Ratings 5 Current Quarters Estimate 0.55
FY Report Date 12 / 2024 Current Year's Estimate 2.397
Last Quarter’s Earnings 0.55 Median PE on CY Estimate N/A
Year Ago Earnings 2.09 Next Fiscal Year Estimate 2.463
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 3 3
Mean Estimate 0.55 0.93 2.40 2.46
High Estimates 0.65 0.97 2.57 2.54
Low Estimate 0.45 0.89 2.25 2.40
Coefficient of Variance 25.71 6.08 6.75 2.88

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 3 3 3
UNDERWEIGHT 1 1 1
SELL 1 2 2
MEAN Underweight Underweight Underweight

Insider Actions for Avangrid Inc - AGR

Date Name Shares Transaction Value
Jul 3, 2024 Alan D. Solomont Director 11,024 Open market or private purchase of non-derivative security Non-derivative transaction at $35.68 per share 393,336.32
Mar 13, 2024 Justin Lagasse SVP - CFO and Controller 35,296 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 R. Scott Mahoney SVP - General Counsel & Sec. 15,032 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 R. Scott Mahoney SVP - General Counsel & Sec. 5,932 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 0.00
Mar 5, 2024 R. Scott Mahoney SVP - General Counsel & Sec. 9,100 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Pedro Azagra Blázquez Chief Executive Officer; Director 33,908 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Pedro Azagra Blázquez Chief Executive Officer; Director 30,607 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.13 per share 952,795.91
Mar 5, 2024 Pedro Azagra Blázquez Chief Executive Officer; Director 10,532 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Catherine S. Stempien See below 29,096 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Catherine S. Stempien See below 24,003 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.13 per share 747,213.39
Mar 5, 2024 Catherine S. Stempien See below 16,250 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Soto Jose Antonio Miranda See below 8,331 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Soto Jose Antonio Miranda See below 6,788 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.13 per share 211,310.44
Mar 5, 2024 Soto Jose Antonio Miranda See below 4,940 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Justin Lagasse SVP - CFO and Controller 1,942 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.13 per share 60,454.46
Mar 5, 2024 Justin Lagasse SVP - CFO and Controller 1,428 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Avangrid Inc in the News