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Avangrid, Inc.

AGR US

AGR USAvangrid, Inc.

United States Composite

37.02

USD

+0.18

(+0.49%)

2.03EPS Dil.

18.22P/E

14.32BMarket Cap

4.76%Div. Yield

Next Earnings

April 23

Ex-Dividend Date

February 29

Dividend Date

April 1

Held by Insiders

81.69%

Held by Institutions

13.88%

Short % of Float

1.10%

YTD Yield

-13.38%

3Y Yield

-24.49%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

2,007

1,028

2,016

LT Borrowings

8,318

9,919

9,984

LT Finance Leases

195

197

199

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

387

Market Capitalization

14,569

11,669

12,535

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

2,751

3,058

3,404

Cash, Cash Equivalents & STI

Accounts Receivable, Net

1,351

1,417

1,588

Inventories

451

476

495

Total Current Liabilities

4,655

3,927

5,239

Payables & Accruals

1,647

1,898

2,448

ST Debt

2,007

1,028

2,016

Deferred Revenue

361

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

7.35%

5.28%

4.87%

Net Income, GAAP

-78.49%

7.25%

-10.78%

Free Cash Flow

-2,949.86%

-5,768.63%

-38.34%

Total Cash Common Dividend

- -

5.01%

- -

Total Equity

87.69%

6.48%

1.64%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

1,966

1,477

1,598

1,933

6,974

2022

2,133

1,794

1,838

2,158

7,923

2023

2,466

1,587

1,974

2,282

8,309

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

1.08

0.28

0.29

0.42

1.97

2022

1.15

0.48

0.27

0.38

2.28

2023

0.63

0.22

0.15

1.03

2.03

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.44

0.39

0.44

1.71

2022

0.44

1.76

2023

0.44

1.76

Company Description

CEO: Mr. Pedro Azagra Blazquez, Ms. Catherine S. Stempien, Mr. Jose Antonio Miranda Soto
Full Time Employees: 7,999
Sector: Utilities
Industry: Utilities—Regulated Electric
Address: 180 Marsh Hill Road Orange CT United States 06477
Website: www.avangrid.com
Business: 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. In addition, the company operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. Further, 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, as well as generates and provides power and other services to federal and state agencies, institutional retail, and joint action agencies. Additionally, the company 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 9.3 gigawatts of electricity capacity primarily through wind power in 22 states. Avangrid, Inc. was incorporated in 1997 and is headquartered in Orange, Connecticut. The company operates as a subsidiary of Iberdrola, S.A.

Company News

Yahoo
23 days ago
Biden administration approves the nation's eighth large offshore wind project
Yahoo
23 days ago
Avangrid Receives Federal Record of Decision for New England Wind
CNBC
23 days ago
Jim Cramer's top 10 things to watch in the stock market Tuesday
Reuters
23 days ago
Biden administration approves eighth US offshore wind project
Bloomberg
23 days ago
New England Offshore Wind Farm Latest to Win Biden Approval
Utilitydive
a month ago
Ørsted, Avangrid and two others submit bids to first-ever 3-state offshore wind solicitation
Yahoo
a month ago
Massachusetts, Rhode Island and Connecticut receive proposals for offshore wind projects
Yahoo
a month ago
Avangrid Submits Multiple Proposals for Transformative New England Wind Projects to Regional Offshore Wind Solicitation
Yahoo
a month ago
UPDATE 3-New England offshore wind auction draws multiple bidders
Reuters
a month ago
Big turnout expected in New England offshore wind power auction
Yahoo
a month ago
Big turnout expected in New England offshore wind power auction
Yahoo
a month ago
Avangrid Foundation Celebrates National Reading Month
Yahoo
a month ago
Avangrid (AGR) Up 12.8% Since Last Earnings Report: Can It Continue?
Zacks
a month ago
Avangrid (AGR) Up 12.8% Since Last Earnings Report: Can It Continue?
Yahoo
a month ago
Avangrid Foundation Provides $100,000 Grant to Expand Food Pantry at SUNY Broome
Reuters
a month ago
Europe’s green giant is focusing on safer bets
Bloomberg
a month ago
Iberdrola Doubles Down on US Grid Focus in New Strategic Update
Zacks
a month ago
FirstEnergy (FE) Starts Work on Its Second Solar Site in WV
Yahoo
a month ago
Avangrid Foundation Grant to Support FeedMore WNY Commissary, Graduating Class of FeedMore WNY Workforce Development Program
Zacks
a month ago
Sempra Energy's (SRE) Arm Unveils 320 MW Wind Project in Mexico

Company Description

CEO: Mr. Pedro Azagra Blazquez, Ms. Catherine S. Stempien, Mr. Jose Antonio Miranda Soto
Full Time Employees: 7,999
Sector: Utilities
Industry: Utilities—Regulated Electric
Address: 180 Marsh Hill Road Orange CT United States 06477
Website: www.avangrid.com
Business: 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. In addition, the company operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. Further, 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, as well as generates and provides power and other services to federal and state agencies, institutional retail, and joint action agencies. Additionally, the company 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 9.3 gigawatts of electricity capacity primarily through wind power in 22 states. Avangrid, Inc. was incorporated in 1997 and is headquartered in Orange, Connecticut. The company operates as a subsidiary of Iberdrola, S.A.

Company News

Yahoo
23 days ago
Biden administration approves the nation's eighth large offshore wind project
Yahoo
23 days ago
Avangrid Receives Federal Record of Decision for New England Wind
CNBC
23 days ago
Jim Cramer's top 10 things to watch in the stock market Tuesday
Reuters
23 days ago
Biden administration approves eighth US offshore wind project
Bloomberg
23 days ago
New England Offshore Wind Farm Latest to Win Biden Approval
Utilitydive
a month ago
Ørsted, Avangrid and two others submit bids to first-ever 3-state offshore wind solicitation
Yahoo
a month ago
Massachusetts, Rhode Island and Connecticut receive proposals for offshore wind projects
Yahoo
a month ago
Avangrid Submits Multiple Proposals for Transformative New England Wind Projects to Regional Offshore Wind Solicitation
Yahoo
a month ago
UPDATE 3-New England offshore wind auction draws multiple bidders
Reuters
a month ago
Big turnout expected in New England offshore wind power auction
Yahoo
a month ago
Big turnout expected in New England offshore wind power auction
Yahoo
a month ago
Avangrid Foundation Celebrates National Reading Month
Yahoo
a month ago
Avangrid (AGR) Up 12.8% Since Last Earnings Report: Can It Continue?
Zacks
a month ago
Avangrid (AGR) Up 12.8% Since Last Earnings Report: Can It Continue?
Yahoo
a month ago
Avangrid Foundation Provides $100,000 Grant to Expand Food Pantry at SUNY Broome
Reuters
a month ago
Europe’s green giant is focusing on safer bets
Bloomberg
a month ago
Iberdrola Doubles Down on US Grid Focus in New Strategic Update
Zacks
a month ago
FirstEnergy (FE) Starts Work on Its Second Solar Site in WV
Yahoo
a month ago
Avangrid Foundation Grant to Support FeedMore WNY Commissary, Graduating Class of FeedMore WNY Workforce Development Program
Zacks
a month ago
Sempra Energy's (SRE) Arm Unveils 320 MW Wind Project in Mexico