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Avangrid Inc AGR Stock Quote

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NYSE: AGR

Morningstar‘s Stock Analysis AGR

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Maine Supreme Court Upholds Lease for NECEC Transmission Project, but Hurdles Remain

Andrew Bischof Senior Equity Analyst

Analyst Note

| Andrew Bischof |

We are maintaining our $41 per share fair value estimate for Avangrid after the Maine Supreme Court ruled that the lease for the company's stalled New England Clean Energy Connect, or NECEC, transmission project was valid. Our narrow moat and stable moat trend remain unchanged.

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Key Statistics AGR

Company Profile AGR

Business Description

Avangrid operates two business units, Networks and Renewables. Networks operates eight regulated electric and natural gas utilities across New York, Maine, Connecticut, and Massachusetts, serving over 3 million customers. Renewables has historically focused on developing onshore wind projects but is looking to make significant developments in solar and offshore wind over the next five years. It operates more than 8.3 gigawatts of renewable energy across the U.S. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.5% of Avangrid.

Contact
180 Marsh Hill Road
Orange, CT, 06477
Industry Utilities - Regulated Electric
Employees 7,300

Related Articles AGR

FAQs for Avangrid Inc Stock

No. AGR does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

AGR’s market cap is 16.49 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

AGR’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

AGR’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare AGR’s historical performance against its industry peers and the overall market.