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How to buy Avangrid stock | $53.93

Own Avangrid stock in just a few minutes.

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Avangrid, Inc is an utilities—regulated electric business based in the US. Avangrid shares (AGR) are listed on the NYSE and all prices are listed in US Dollars. Avangrid employs 6,600 staff and has a trailing 12-month revenue of around USD$6.3 billion.

How to buy shares in Avangrid

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Avangrid. Find the stock by name or ticker symbol: AGR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Avangrid reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$53.93, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Avangrid, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Avangrid. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Avangrid share price

Use our graph to track the performance of AGR stocks over time.

Avangrid shares at a glance

Information last updated 2020-10-20.
Latest market close USD$53.93
52-week range USD$36.14 - USD$57.24
50-day moving average USD$50.9449
200-day moving average USD$46.4209
Wall St. target price USD$48.25
PE ratio 23.8628
Dividend yield USD$1.76 (3.26%)
Earnings per share (TTM) USD$2.26

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Avangrid stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Avangrid price performance over time

Historical closes compared with the close of $53.93 from 2020-10-19

1 week (2020-11-25) 14.94%
1 month (2020-11-06) 6.79%
3 months (2020-09-04) 10.81%
6 months (2020-06-05) 20.57%
1 year (2019-12-06) 10.33%
2 years (2018-12-06) 4.07%
3 years (2017-12-06) 4.19%
5 years (2015-12-04) 9.57%

Is Avangrid under- or over-valued?

Valuing Avangrid stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Avangrid's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Avangrid's P/E ratio

Avangrid's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, Avangrid shares trade at around 24x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Avangrid's PEG ratio

Avangrid's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.1737. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Avangrid's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Avangrid's EBITDA

Avangrid's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.9 billion.

The EBITDA is a measure of a Avangrid's overall financial performance and is widely used to measure a its profitability.

Avangrid financials

Revenue TTM USD$6.3 billion
Operating margin TTM 14.23%
Gross profit TTM USD$2.5 billion
Return on assets TTM 1.64%
Return on equity TTM 4.2%
Profit margin 11.17%
Book value $49.442
Market capitalisation USD$16.7 billion

TTM: trailing 12 months

Shorting Avangrid shares

There are currently 2.4 million Avangrid shares held short by investors – that's known as Avangrid's "short interest". This figure is 14% down from 2.8 million last month.

There are a few different ways that this level of interest in shorting Avangrid shares can be evaluated.

Avangrid's "short interest ratio" (SIR)

Avangrid's "short interest ratio" (SIR) is the quantity of Avangrid shares currently shorted divided by the average quantity of Avangrid shares traded daily (recently around 505090.18789144). Avangrid's SIR currently stands at 4.79. In other words for every 100,000 Avangrid shares traded daily on the market, roughly 4790 shares are currently held short.

However Avangrid's short interest can also be evaluated against the total number of Avangrid shares, or, against the total number of tradable Avangrid shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Avangrid's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Avangrid shares in existence, roughly 10 shares are currently held short) or 0.0431% of the tradable shares (for every 100,000 tradable Avangrid shares, roughly 43 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Avangrid.

Find out more about how you can short Avangrid stock.

Avangrid share dividends

79%

Dividend payout ratio: 79.28% of net profits

Recently Avangrid has paid out, on average, around 79.28% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Avangrid shareholders could enjoy a 3.26% return on their shares, in the form of dividend payments. In Avangrid's case, that would currently equate to about $1.76 per share.

Avangrid's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Avangrid's most recent dividend payout was on 1 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 31 August 2020 (the "ex-dividend date").

Avangrid share price volatility

Over the last 12 months, Avangrid's shares have ranged in value from as little as $36.14 up to $57.24. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Avangrid's is 0.2983. This would suggest that Avangrid's shares are less volatile than average (for this exchange).

Avangrid overview

Avangrid, Inc. operates as an energy services holding company in the United States. It operates through two segments, Networks and Renewables. The company engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. It also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. The company 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, it 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. Avangrid, Inc. owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 8.0 gigawatts of electricity capacity, primarily through wind power in 22 states. The company was founded in 1852 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.

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