Should I buy or sell National Grid stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Grid in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NGG shares. View NGG analyst ratings or view top-rated stocks .

How have NGG shares performed in 2024?

National Grid's stock was trading at $67.99 at the beginning of 2024. Since then, NGG shares have decreased by 5.1% and is now trading at $64.51. View the best growth stocks for 2024 here .

When is National Grid's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our NGG earnings forecast .

How often does National Grid pay dividends? What is the dividend yield for National Grid?

National Grid declared a semi-annual dividend on Friday, November 10th. Shareholders of record on Friday, November 24th will be given a dividend of $1.1899 per share on Thursday, January 11th. This represents a dividend yield of 5.8%. The ex-dividend date of this dividend is Wednesday, November 22nd. Read our dividend analysis for NGG .

Is National Grid a good dividend stock?

National Grid (NYSE:NGG) pays an annual dividend of $2.36 per share and currently has a dividend yield of 3.63%. Read our dividend analysis for NGG .

What ETFs hold National Grid's stock?

ETFs with the largest weight of National Grid (NYSE:NGG) stock in their portfolio include Invesco International Dividend Achievers ETF (PID) . Constrained Capital ESG Orphans ETF (ORFN) .

What other stocks do shareholders of National Grid own?

Based on aggregate information from My MarketBeat watchlists, some companies that other National Grid investors own include National Grid (NG) , AT&T (T) , Verizon Communications (VZ) , Enterprise Products Partners (EPD) , Pfizer (PFE) , Johnson & Johnson (JNJ) , Intel (INTC) , Cisco Systems (CSCO) , General Electric (GE) and Duke Energy (DUK) .

Who are National Grid's major shareholders?

National Grid's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Miller Howard Investments Inc. NY (0.01%), Fulton Bank N.A. (0.00%), Gilman Hill Asset Management LLC (0.00%), Park Avenue Securities LLC (0.00%), Elevated Capital Advisors LLC (0.00%) and Wealth Enhancement Advisory Services LLC (0.00%).

How do I buy shares of National Grid?

Shares of NGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NYSE:NGG

National Grid (NGG) Stock Price, News & Analysis

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$64.51

-0.49 (-0.75%)

(As of 04/15/2024 ET)

Compare

Today's Range: $64.41
▼
$65.20
50-Day Range: $63.69
▼
$68.80
52-Week Range: $56.40
▼
$74.48

Volume: 312,167 shs
Average Volume: 285,247 shs
Market Capitalization: $47.99 billion

P/E Ratio: N/A
Dividend Yield: 3.66%
Price Target: N/A

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National Grid MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.37% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.47
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.95%
From $4.37 to $4.63 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.71 out of 5 stars

Utilities Sector

83rd out of 89 stocks

Natural Gas Transmission Industry

18th out of 19 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for National Grid.

3.0

Short Interest

Percentage of Shares Shorted
0.37% of the outstanding shares of National Grid have been sold short.
Short Interest Ratio / Days to Cover
National Grid has a short interest ratio ("days to cover") of 6.8.
Change versus previous month
Short interest in National Grid has recently decreased by 0.36%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Leadership
National Grid is a leading dividend payer. It pays a dividend yield of 3.63%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
National Grid does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, National Grid will have a dividend payout ratio of 50.97% next year. This indicates that National Grid will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NGG.

2.5

News and Social Media Coverage

News Sentiment
National Grid has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for National Grid this week, compared to 6 articles on an average week.
Search Interest
Only 3 people have searched for NGG on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.
MarketBeat Follows
9 people have added National Grid to their MarketBeat watchlist in the last 30 days. This is an increase of 80% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, National Grid insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 4.68% of the stock of National Grid is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for National Grid are expected to grow by 5.95% in the coming year, from $4.37 to $4.63 per share.
Price to Earnings Growth Ratio
National Grid has a PEG Ratio of 5.18. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
National Grid has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About National Grid Stock (NYSE:NGG)

National Grid plc transmits and distributes electricity and gas. The company operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain, as well as sale of renewables projects. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

NGG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NGG Stock News Headlines

April 15, 2024 | msn.com

Nigeria's grid collapses weeks after tariffs raised for wealthier consumers

April 14, 2024 | americanbankingnews.com

National Grid plc (NYSE:NGG) Receives Average Rating of "Moderate Buy" from Analysts

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 12, 2024 | msn.com

MP calls for National Grid Norwich to Tilbury pylon consultation pause

April 11, 2024 | msn.com

National Grid's VC arm makes three Q1 investments

April 10, 2024 | lse.co.uk

National Grid files three-year rate plan for New York gas businesses

April 7, 2024 | americanbankingnews.com

National Grid (NYSE:NGG) Shares Gap Down to $68.21

April 5, 2024 | msn.com

Worcester development leaders, officials rap National Grid business practices

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 3, 2024 | finance.yahoo.com

National Grid and Boston Children's Museum Select Six Afterschool Programs for Pilot STEAM Program

March 28, 2024 | markets.businessinsider.com

Bank of America Securities Reaffirms Their Buy Rating on National Grid Transco (NGG)

March 28, 2024 | msn.com

Man indicted on murder charges for crash that killed Waltham police officer, National Grid worker

March 27, 2024 | msn.com

New Hampshire man accused of killing Waltham cop, National Grid worker indicted

March 20, 2024 | bizjournals.com

National Grid announces $178M in upgrades for Western New York

March 20, 2024 | msn.com

National Grid outlines plan to spend $4B to upgrade New York power infrastructure

March 20, 2024 | reuters.com

Britain's National Grid to invest $4 bln in New York infrastructure

March 20, 2024 | prnewswire.com

National Grid Announces the Upstate Upgrade; Multi-year Initiative Will Improve Grid Resilience, Deliver Significant Benefits for Customers, Local Economies

March 19, 2024 | msn.com

National Grid says £58B U.K. energy grid upgrade needed to hit green target

March 19, 2024 | msn.com

Wind farms, pylons and an ‘electrical spine’: Inside the National Grid’s plan to overhaul UK power

March 18, 2024 | bbc.co.uk

National Grid will 'carefully consider' pylon plan

March 17, 2024 | investorplace.com

The 3 Most Undervalued Utilities Stocks to Buy in March 2024

March 17, 2024 | thetimes.co.uk

National Grid’s net-zero vision: £60bn and an ‘electrical spine’

March 16, 2024 | finance.yahoo.com

NGG Apr 2024 65.000 call

March 16, 2024 | finance.yahoo.com

NGG Apr 2024 60.000 put

March 14, 2024 | msn.com

A 5%+ yield but down 11%! National Grid’s share price looks cheap to me

March 13, 2024 | bbc.co.uk

National Grid consultation into Lincolnshire pylons ending

March 11, 2024 | msn.com

National Grid gears up for potential wind, snow damage in Central NY, seeks outage reports

See More Headlines

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Company Calendar

Today: 4/16/2024
Next Earnings (Estimated): 5/16/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Utilities
Industry: Natural gas transmission
Sub-Industry: N/A
Current Symbol: NYSE:NGG
CUSIP: N/A
CIK: 1004315
Web: www.nationalgrid.com
Phone: 442070043000
Fax: 011-44-20-7004-3004
Employees: 31,275
Year Founded: 1990

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 14.76
P/E Growth: 5.18
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 1.43
Current Ratio: 0.93
Quick Ratio: 0.82

Sales & Book Value

Annual Sales: $26.31 billion
Price / Sales: 1.82
Cash Flow: $6.60 per share
Price / Cash Flow: 9.77
Book Value: $45.33 per share
Price / Book: 1.42

Miscellaneous

Outstanding Shares: 743,940,000
Free Float: N/A
Market Cap: $47.99 billion
Optionable: Optionable
Beta: 0.64

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Key Executives

Mr. John Pettigrew FEI (Age 56)
FIET, CEO & Executive Director
Comp: $3.02M
Mr. Andrew Jonathan Agg (Age 55)
CFO & Executive Director
Comp: $1.96M
Mr. Shannon J. Soland
Interim Group Chief Information & Digital Officer
Mr. Nicholas James Ashworth C.F.A.
Director of Investor Relations
Ms. Justine Campbell (Age 54)
Group General Counsel & Company Secretary
Mr. William Serle
Chief People & Culture Officer
Mr. David Wright
Group Chief Engineer
Ms. Alice Kyne Delahunty (Age 43)
President of UK Electricity Transmission
Mr. Benjamin Hollis Wilson (Age 50)
Chief Strategy & Regulation Officer
Ms. Sarah Orban Salati
Chief Commercial Officer of NGV North East Team

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy National Grid Stock? NGG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in National Grid plc:

National Grid plc operates in the natural gas transmission industry, which is essential for energy distribution, providing a stable revenue stream.
The company has a diversified business model with operations in various segments, including electricity transmission, distribution, and system operation, reducing risk exposure.
Recent developments show that National Grid plc has been investing in renewable energy projects, aligning with the global shift towards sustainable energy sources, which could attract environmentally conscious investors.
With a strong presence in the UK, New England, and New York, National Grid plc benefits from a geographically diverse revenue base, potentially mitigating regional economic risks.
Considering the current stock price and the company's stable performance, National Grid plc may present a value investment opportunity for long-term investors seeking steady returns.

Cons

Investors should be bearish about investing in National Grid plc for these reasons:

As a utility company, National Grid plc is subject to regulatory oversight, which could impact profitability and operational flexibility.
The energy sector is highly competitive and susceptible to market fluctuations, affecting National Grid plc's financial performance.
Despite investments in renewables, the transition to sustainable energy sources may require significant capital expenditures, potentially impacting short-term profitability.
Geopolitical factors and regulatory changes in the regions where National Grid plc operates could introduce uncertainties and risks to the company's operations.
Investors should carefully assess the impact of interest rate changes on National Grid plc's debt obligations and financing costs, considering the company's capital structure.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these National Grid pros and cons to contact@marketbeat.com.

NGG Stock Analysis - Frequently Asked Questions

Should I buy or sell National Grid stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Grid in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NGG shares.
View NGG analyst ratings or view top-rated stocks.
How have NGG shares performed in 2024?: National Grid's stock was trading at $67.99 at the beginning of 2024. Since then, NGG shares have decreased by 5.1% and is now trading at $64.51.
View the best growth stocks for 2024 here.
When is National Grid's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our NGG earnings forecast.
How often does National Grid pay dividends? What is the dividend yield for National Grid?: National Grid declared a semi-annual dividend on Friday, November 10th. Shareholders of record on Friday, November 24th will be given a dividend of $1.1899 per share on Thursday, January 11th. This represents a dividend yield of 5.8%. The ex-dividend date of this dividend is Wednesday, November 22nd.
Read our dividend analysis for NGG.
Is National Grid a good dividend stock?: National Grid (NYSE:NGG) pays an annual dividend of $2.36 per share and currently has a dividend yield of 3.63%.
Read our dividend analysis for NGG.

What ETFs hold National Grid's stock?: ETFs with the largest weight of National Grid (NYSE:NGG) stock in their portfolio include Invesco International Dividend Achievers ETF (PID).Constrained Capital ESG Orphans ETF (ORFN).
What other stocks do shareholders of National Grid own?: Based on aggregate information from My MarketBeat watchlists, some companies that other National Grid investors own include National Grid (NG), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Pfizer (PFE), Johnson & Johnson (JNJ), Intel (INTC), Cisco Systems (CSCO), General Electric (GE) and Duke Energy (DUK).
Who are National Grid's major shareholders?: National Grid's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Miller Howard Investments Inc. NY (0.01%), Fulton Bank N.A. (0.00%), Gilman Hill Asset Management LLC (0.00%), Park Avenue Securities LLC (0.00%), Elevated Capital Advisors LLC (0.00%) and Wealth Enhancement Advisory Services LLC (0.00%).
How do I buy shares of National Grid?: Shares of NGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NGG) was last updated on 4/16/2024 by MarketBeat.com Staff

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National Grid (NGG) Stock Price, News & Analysis

National Grid MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About National Grid Stock (NYSE:NGG)

NGG Stock Price History

NGG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

Should I Buy National Grid Stock? NGG Pros and Cons Explained

Pros

Cons

NGG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™