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How to buy National Grid (NGG) stocks in Canada
Learn how to easily invest in National Grid stocks.
National Grid is an utilities-regulated electric business based in the US. National Grid stocks (NGG.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $64.73 – a decrease of 0.37% over the previous week. National Grid employs 23,683 staff and has a trailing 12-month revenue of around $15.7 billion.
How to buy shares in National Grid
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – NGG – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in National Grid?
- Has coronavirus impacted National Grid shares?
- National Grid shares summary
- Compare share dealing platforms
- Is National Grid stock a buy or sell?
- National Grid performance over time
- Are National Grid shares over-valued?
- National Grid's financials
- How volatile are National Grid shares?
- Does National Grid pay a dividend?
- Have National Grid shares ever split?
- Other common questions
National Grid stock price (NYSE:NGG)Use our graph to track the performance of NGG stocks over time.
National Grid shares at a glance
|Latest market close||$73.31|
|52-week range||$53.07 - $74.71|
|50-day moving average||$69.80|
|200-day moving average||$65.74|
|Wall St. target price||$77.64|
|Dividend yield||$0.494 (4.71%)|
|Earnings per share (TTM)||$2.88|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy National Grid 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.
National Grid price performance over time
|1 week (2022-01-21)||-0.37%|
|1 month (2021-12-29)||-0.18%|
|3 months (2021-10-29)||14.40%|
|6 months (2021-07-29)||12.73%|
|1 year (2021-01-29)||26.22%|
|2 years (2020-01-28)||10.97%|
|3 years (2019-01-28)||39.90%|
|5 years (2017-01-27)||26.66%|
Is National Grid under- or over-valued?
Valuing National Grid stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of National Grid's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
National Grid's P/E ratio
National Grid's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, National Grid shares trade at around 25x 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.
National Grid's PEG ratio
National Grid's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8872. 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 National Grid's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
National Grid's EBITDA
National Grid's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.3 billion.
The EBITDA is a measure of a National Grid's overall financial performance and is widely used to measure a its profitability.
National Grid financials
|Revenue TTM||$15.7 billion|
|Operating margin TTM||24.75%|
|Gross profit TTM||$14.8 billion|
|Return on assets TTM||3.13%|
|Return on equity TTM||7.82%|
|Market capitalisation||$53.4 billion|
TTM: trailing 12 months
National Grid share dividends
Dividend payout ratio: 9.97% of net profits
Recently National Grid has paid out, on average, around 9.97% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.71% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), National Grid shareholders could enjoy a 4.71% return on their shares, in the form of dividend payments. In National Grid's case, that would currently equate to about $0.494 per share.
While National Grid's payout ratio might seem low, this can signify that National Grid is investing more in its future growth.
National Grid's most recent dividend payout was on 18 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 1 December 2021 (the "ex-dividend date").
Have National Grid's shares ever split?
National Grid's shares were split on a 916:1000 basis on 21 May 2017. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 916 shares. This wouldn't directly have changed the overall worth of your National Grid shares – just the quantity. However, indirectly, the new 9.2% higher share price could have impacted the market appetite for National Grid shares which in turn could have impacted National Grid's share price.
National Grid share price volatility
Over the last 12 months, National Grid's shares have ranged in value from as little as $53.0722 up to $74.71. 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 National Grid's is 0.0411. This would suggest that National Grid's shares are less volatile than average (for this exchange).
National Grid overview
National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,236 kilometers of overhead lines. The UK Gas Transmission segment owns and operates gas transmission systems, as well as third-party independent systems and liquefied natural gas (LNG) storage facilities. The US Regulated segments owns and operates transmission facilities across upstate New York, Massachusetts, New Hampshire, Rhode Island, and Vermont; and electricity distribution networks in upstate New York, Massachusetts, and Rhode Island. Its assets comprise 14,439 kilometers of overhead lines; an electricity distribution network of approximately 117,498 circuit miles; and a network of approximately 57,551 kilometers of gas pipeline. The NGV and Other segment engages in the energy metering business; transporting renewable energy long distances through its electricity interconnectors; and storing LNG, as well as commercial property and insurance activities in the United Kingdom.
National Grid in the news
National Grid Named Best Place to Work for LGBTQ Equality
Electric Vehicle Generates Revenue and Energy Savings Paving the Way for Mainstream Adoption of Vehicle-to-Everything (V2X) Technology
LONDON BROKER RATINGS: Credit Suisse likes Hargreaves Lansdown, abrdn
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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