image
Utilities - Regulated Electric - NYSE - US
$ 35.97
0.587 %
$ 13.9 B
Market Cap
12.4
P/E
1. INTRINSIC VALUE

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. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. 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.[ Read More ]

The intrinsic value of one AGR stock under the base case scenario is HIDDEN Compared to the current market price of 36 USD, Avangrid, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AGR

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FINANCIALS
8.31 B REVENUE
4.87%
930 M OPERATING INCOME
-18.71%
665 M NET INCOME
-19.00%
919 M OPERATING CASH FLOW
-11.21%
-3.1 B INVESTING CASH FLOW
-21.62%
2.2 B FINANCING CASH FLOW
1938.89%
2.08 B REVENUE
8.55%
254 M OPERATING INCOME
27.64%
172 M NET INCOME
1.78%
301 M OPERATING CASH FLOW
-38.07%
-1.11 B INVESTING CASH FLOW
-2.69%
761 M FINANCING CASH FLOW
31.66%
Balance Sheet Decomposition Avangrid, Inc.
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Current Assets 3.4 B
Cash & Short-Term Investments 91 M
Receivables 1.6 B
Other Current Assets 1.71 B
Non-Current Assets 40.6 B
Long-Term Investments 764 M
PP&E 33.1 B
Other Non-Current Assets 6.77 B
Current Liabilities 5.24 B
Accounts Payable 1.92 B
Short-Term Debt 2.02 B
Other Current Liabilities 1.3 B
Non-Current Liabilities 18.1 B
Long-Term Debt 10.2 B
Other Non-Current Liabilities 7.84 B
EFFICIENCY
Earnings Waterfall Avangrid, Inc.
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Revenue 8.31 B
Cost Of Revenue 5.54 B
Gross Profit 2.77 B
Operating Expenses 1.84 B
Operating Income 930 M
Other Expenses 265 M
Net Income 665 M
RATIOS
33.35% GROSS MARGIN
33.35%
11.19% OPERATING MARGIN
11.19%
9.46% NET MARGIN
9.46%
4.00% ROE
4.00%
1.79% ROA
1.79%
2.98% ROIC
2.98%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Avangrid, Inc.
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Net Income 665 M
Depreciation & Amortization 1.16 B
Capital Expenditures -2.97 B
Stock-Based Compensation 0
Change in Working Capital -830 M
Others -948 M
Free Cash Flow -2.05 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Avangrid, Inc.
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Wall Street analysts predict an average 1-year price target for AGR of $45.2 , with forecasts ranging from a low of $39 to a high of $52 .
AGR Lowest Price Target Wall Street Target
39 USD 8.42%
AGR Average Price Target Wall Street Target
45.2 USD 25.80%
AGR Highest Price Target Wall Street Target
52 USD 44.56%
4. DIVIDEND ANALYSIS
1.23% DIVIDEND YIELD
0.44 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Avangrid, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
10.2 K USD 1
3-6 MONTHS
15 K USD 1
6-9 MONTHS
15 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
4 months ago
Jul 01, 2024
Bought 5.03 K USD
Solomont Alan D
Director
+ 141
35.68 USD
5 months ago
Jun 03, 2024
Bought 5.2 K USD
Solomont Alan D
Director
+ 141
36.85 USD
6 months ago
May 01, 2024
Bought 5 K USD
Solomont Alan D
Director
+ 137
36.48 USD
7 months ago
Apr 01, 2024
Bought 5.04 K USD
Solomont Alan D
Director
+ 138
36.52 USD
8 months ago
Mar 01, 2024
Bought 5 K USD
Solomont Alan D
Director
+ 161
31.08 USD
9 months ago
Feb 01, 2024
Bought 5.01 K USD
Solomont Alan D
Director
+ 165
30.39 USD
10 months ago
Jan 02, 2024
Bought 5.01 K USD
Solomont Alan D
Director
+ 155
32.31 USD
11 months ago
Dec 01, 2023
Bought 4.98 K USD
Solomont Alan D
Director
+ 162
30.75 USD
1 year ago
Nov 01, 2023
Bought 5.02 K USD
Solomont Alan D
Director
+ 168
29.9 USD
1 year ago
Oct 02, 2023
Bought 4.96 K USD
Solomont Alan D
Director
+ 166
29.9 USD
1 year ago
Mar 01, 2023
Bought 5 K USD
Solomont Alan D
Director
+ 129
38.78 USD
1 year ago
Feb 01, 2023
Bought 5 K USD
Solomont Alan D
Director
+ 119
42 USD
1 year ago
Jan 03, 2023
Bought 5.07 K USD
Solomont Alan D
Director
+ 117
43.33 USD
1 year ago
Dec 02, 2022
Bought 5.02 K USD
Solomont Alan D
Director
+ 117
42.92 USD
2 years ago
Nov 01, 2022
Bought 5.01 K USD
Solomont Alan D
Director
+ 123
40.73 USD
2 years ago
Oct 03, 2022
Bought 5.08 K USD
Solomont Alan D
Director
+ 120
42.33 USD
2 years ago
Sep 01, 2022
Bought 5.01 K USD
Solomont Alan D
director:
+ 102
49.07 USD
2 years ago
Aug 01, 2022
Bought 5.01 K USD
Solomont Alan D
director:
+ 103
48.6593 USD
2 years ago
Jul 01, 2022
Bought 5.05 K USD
Solomont Alan D
director:
+ 109
46.32 USD
2 years ago
Jun 01, 2022
Bought 4.99 K USD
Solomont Alan D
director:
+ 105
47.57 USD
2 years ago
Mar 01, 2022
Bought 5.02 K USD
Solomont Alan D
director:
+ 112
44.79 USD
2 years ago
Feb 01, 2022
Bought 5.04 K USD
Solomont Alan D
Director
+ 108
46.68 USD
2 years ago
Jan 03, 2022
Bought 5.04 K USD
Solomont Alan D
Director
+ 101
49.87 USD
2 years ago
Dec 01, 2021
Bought 5.04 K USD
Solomont Alan D
Director
+ 99
50.88 USD
3 years ago
Nov 01, 2021
Bought 5 K USD
Solomont Alan D
Director
+ 95
52.66 USD
3 years ago
Oct 01, 2021
Bought 5.04 K USD
Solomont Alan D
Director
+ 103
48.91 USD
3 years ago
Sep 01, 2021
Bought 5.05 K USD
Solomont Alan D
Director
+ 92
54.87 USD
3 years ago
Aug 02, 2021
Bought 5.02 K USD
Solomont Alan D
Director
+ 96
52.26 USD
3 years ago
Jul 01, 2021
Bought 5.05 K USD
Solomont Alan D
Director
+ 98
51.51 USD
3 years ago
Jun 01, 2021
Bought 4.94 K USD
Solomont Alan D
Director
+ 94
52.5803 USD
3 years ago
May 18, 2021
Bought 3.26 B USD
Iberdrola, S.A.
10 percent owner
+ 63424125
51.4 USD
3 years ago
May 03, 2021
Bought 5.06 K USD
Solomont Alan D
Director
+ 99
51.0624 USD
3 years ago
Apr 01, 2021
Bought 5.04 K USD
Solomont Alan D
Director
+ 101
49.95 USD
3 years ago
Mar 01, 2021
Bought 4.97 K USD
Solomont Alan D
Director
+ 108
46.02 USD
3 years ago
Feb 26, 2021
Bought 1.16 M USD
ARRIOLA DENNIS V
see below
+ 25000
46.53 USD
3 years ago
Feb 01, 2021
Bought 5.02 K USD
Solomont Alan D
Director
+ 108
46.4689 USD
3 years ago
Jan 04, 2021
Bought 5 K USD
Solomont Alan D
Director
+ 110
45.48 USD
3 years ago
Dec 01, 2020
Bought 5.04 K USD
Solomont Alan D
Director
+ 108
46.71 USD
4 years ago
Nov 02, 2020
Bought 5.02 K USD
Solomont Alan D
Director
+ 101
49.69 USD
4 years ago
Oct 01, 2020
Bought 5.01 K USD
Solomont Alan D
Director
+ 99
50.61 USD
4 years ago
Sep 01, 2020
Bought 5 K USD
Solomont Alan D
Director
+ 104
48.07 USD
4 years ago
Aug 03, 2020
Bought 4.96 K USD
Solomont Alan D
Director
+ 100
49.61 USD
4 years ago
May 01, 2020
Bought 9.88 K USD
Solomont Alan D
Director
+ 232
42.58 USD
4 years ago
Apr 01, 2020
Bought 9.58 K USD
Solomont Alan D
Director
+ 228
42.02 USD
4 years ago
Mar 02, 2020
Bought 10.1 K USD
Solomont Alan D
Director
+ 202
50.1263 USD
4 years ago
Feb 03, 2020
Bought 10 K USD
Solomont Alan D
Director
+ 188
53.37 USD
4 years ago
Jan 02, 2020
Bought 10 K USD
Solomont Alan D
Director
+ 196
51.19 USD
4 years ago
Dec 02, 2019
Bought 10 K USD
Solomont Alan D
Director
+ 207
48.4514 USD
5 years ago
Nov 01, 2019
Bought 10 K USD
Solomont Alan D
Director
+ 200
50.09 USD
5 years ago
Oct 01, 2019
Bought 10 K USD
Solomont Alan D
Director
+ 192
52.2406 USD
5 years ago
Sep 03, 2019
Bought 9.96 K USD
Solomont Alan D
Director
+ 197
50.5661 USD
5 years ago
Aug 01, 2019
Bought 10 K USD
Solomont Alan D
Director
+ 198
50.59 USD
5 years ago
Jul 26, 2019
Bought 49 K USD
HERBERT TERESA A
Director
+ 1000
48.9513 USD
5 years ago
Mar 01, 2019
Bought 9.99 K USD
Solomont Alan D
Director
+ 206
48.49 USD
5 years ago
Feb 01, 2019
Bought 9.92 K USD
Solomont Alan D
Director
+ 200
49.6058 USD
5 years ago
Jan 03, 2019
Bought 9.91 K USD
Solomont Alan D
Director
+ 199
49.7958 USD
5 years ago
Dec 03, 2018
Bought 10 K USD
Solomont Alan D
Director
+ 198
50.64 USD
6 years ago
Nov 15, 2018
Bought 10 K USD
Timm Elizabeth
Director
+ 201
49.82 USD
6 years ago
Nov 01, 2018
Bought 10.1 K USD
Solomont Alan D
Director
+ 213
47.4216 USD
6 years ago
Oct 01, 2018
Bought 10 K USD
Solomont Alan D
Director
+ 209
48.01 USD
6 years ago
Sep 18, 2018
Bought 3.73 K USD
Baldacci John E.
Director
+ 75
49.77 USD
6 years ago
Sep 04, 2018
Bought 10 K USD
Solomont Alan D
Director
+ 202
49.66 USD
6 years ago
Aug 15, 2018
Bought 10.1 K USD
Timm Elizabeth
Director
+ 203
49.68 USD
6 years ago
Aug 13, 2018
Bought 9.85 K USD
Stuver Douglas K
SVP - Chief Financial Officer
+ 200
49.25 USD
6 years ago
Aug 01, 2018
Bought 9.98 K USD
Solomont Alan D
Director
+ 200
49.89 USD
6 years ago
Jul 02, 2018
Bought 10 K USD
Solomont Alan D
Director
+ 189
53.14 USD
6 years ago
Jun 15, 2018
Bought 3.75 K USD
Baldacci John E.
Director
+ 75
50.02 USD
6 years ago
Jun 01, 2018
Bought 10 K USD
Solomont Alan D
Director
+ 189
53.16 USD
6 years ago
May 15, 2018
Bought 10 K USD
Timm Elizabeth
Director
+ 192
52.2385 USD
6 years ago
Mar 15, 2018
Bought 4.96 K USD
Baldacci John E.
Director
+ 100
49.63 USD
6 years ago
Feb 15, 2018
Bought 10.2 K USD
Timm Elizabeth
Director
+ 210
48.703 USD
6 years ago
Feb 01, 2018
Bought 5.01 K USD
Solomont Alan D
Director
+ 103
48.63 USD
6 years ago
Jan 02, 2018
Bought 5.03 K USD
Solomont Alan D
Director
+ 99
50.77 USD
6 years ago
Dec 14, 2017
Bought 5.14 K USD
Baldacci John E.
Director
+ 100
51.44 USD
6 years ago
Dec 01, 2017
Bought 5 K USD
Solomont Alan D
Director
+ 94
53.21 USD
7 years ago
Nov 15, 2017
Bought 10 K USD
Timm Elizabeth
Director
+ 191
52.6012 USD
7 years ago
Nov 01, 2017
Bought 4.95 K USD
Solomont Alan D
Director
+ 97
51.05 USD
7 years ago
Oct 02, 2017
Bought 5.05 K USD
Solomont Alan D
Director
+ 106
47.6056 USD
7 years ago
Sep 01, 2017
Bought 5.03 K USD
Solomont Alan D
Director
+ 103
48.88 USD
7 years ago
Aug 15, 2017
Bought 10 K USD
Timm Elizabeth
Director
+ 215
46.5904 USD
7 years ago
Aug 01, 2017
Bought 5.03 K USD
Solomont Alan D
Director
+ 110
45.69 USD
7 years ago
Jul 03, 2017
Bought 5 K USD
Solomont Alan D
Director
+ 113
44.26 USD
7 years ago
Jun 01, 2017
Bought 5 K USD
Solomont Alan D
Director
+ 110
45.46 USD
7 years ago
May 15, 2017
Bought 10 K USD
Timm Elizabeth
Director
+ 226
44.326 USD
7 years ago
May 01, 2017
Bought 5.26 K USD
Solomont Alan D
Director
+ 115
45.7513 USD
7 years ago
Apr 03, 2017
Bought 4.96 K USD
Solomont Alan D
Director
+ 116
42.75 USD
7 years ago
Mar 14, 2017
Sell 282 K USD
Torgerson James P
See Remarks
- 6687
42.15 USD
7 years ago
Mar 07, 2017
Bought 276 K USD
Galan Ignacio Sanchez
Director
+ 6400
43.08 USD
7 years ago
Feb 24, 2017
Sell 59.8 K USD
Marone Anthony III
See Remarks
- 1370.846
43.65 USD
7 years ago
Mar 01, 2017
Bought 4.95 K USD
Solomont Alan D
Director
+ 114
43.44 USD
7 years ago
Feb 15, 2017
Bought 2.05 K USD
Timm Elizabeth
Director
+ 51
40.2114 USD
7 years ago
Feb 15, 2017
Bought 8.02 K USD
Timm Elizabeth
Director
+ 200
40.125 USD
7 years ago
Feb 01, 2017
Bought 5 K USD
Solomont Alan D
Director
+ 129
38.77 USD
7 years ago
Jan 03, 2017
Bought 4.98 K USD
Solomont Alan D
Director
+ 131
38.05 USD
7 years ago
Dec 01, 2016
Bought 5.02 K USD
Solomont Alan D
Director
+ 139
36.15 USD
8 years ago
Nov 15, 2016
Bought 10 K USD
Timm Elizabeth
Director
+ 273
36.755 USD
8 years ago
Nov 01, 2016
Bought 38.5 K USD
Marone Anthony III
See Remarks
+ 1000
38.51 USD
8 years ago
Nov 01, 2016
Bought 5.01 K USD
Solomont Alan D
Director
+ 127
39.45 USD
8 years ago
Oct 03, 2016
Bought 4.98 K USD
Solomont Alan D
Director
+ 119
41.88 USD
8 years ago
Sep 01, 2016
Bought 5.01 K USD
Solomont Alan D
Director
+ 120
41.75 USD
8 years ago
Aug 01, 2016
Bought 4.96 K USD
Solomont Alan D
Director
+ 110
45.07 USD
8 years ago
Jul 01, 2016
Bought 5.02 K USD
Solomont Alan D
Director
+ 109
46.07 USD
8 years ago
May 12, 2016
Bought 40.5 K USD
Mahoney R. Scott
See Remarks
+ 1000
40.46 USD
8 years ago
Mar 04, 2016
Bought 3.85 M USD
Galan Ignacio Sanchez
Director
+ 100000
38.467 USD
8 years ago
Mar 01, 2016
Bought 194 K USD
CHASE ARNOLD L
Director
+ 5000
38.72 USD
8 years ago
Feb 29, 2016
Bought 194 K USD
CHASE ARNOLD L
Director
+ 5000
38.8 USD
8 years ago
Feb 26, 2016
Bought 194 K USD
CHASE ARNOLD L
Director
+ 5000
38.8 USD
8 years ago
Feb 26, 2016
Bought 194 K USD
CHASE ARNOLD L
Director
+ 5000
38.75 USD
8 years ago
Feb 26, 2016
Bought 194 K USD
CHASE ARNOLD L
Director
+ 5000
38.7 USD
17 years ago
Feb 06, 2007
Bought 79.7 K USD
CLEMMER RICHARD L
President and CEO
+ 4000
19.9245 USD
17 years ago
Feb 06, 2007
Bought 69.3 K USD
CLEMMER RICHARD L
President and CEO
+ 3500
19.79 USD
17 years ago
Feb 06, 2007
Bought 9.89 K USD
CLEMMER RICHARD L
President and CEO
+ 500
19.78 USD
17 years ago
Feb 06, 2007
Bought 39.8 K USD
CLEMMER RICHARD L
President and CEO
+ 2000
19.9245 USD
17 years ago
Feb 06, 2007
Bought 99.7 K USD
KELLY PETER
EVP and CFO
+ 4950
20.15 USD
17 years ago
Jan 30, 2007
Sell 800 K USD
RANKIN JEAN F
EVP GC and Sec
- 40000
20 USD
20 years ago
Oct 01, 2004
Bought 64.8 K USD
KHAN SOHAIL A
EVP Strat & Bus Dev
+ 60000
1.08 USD
20 years ago
Aug 12, 2004
Bought 83.2 K USD
KELLY PETER
EVP, Operations
+ 73000
1.14 USD
7. News
5 Defensive Stocks to Counter Volatility as Post-Election Rally Halts Low-beta defensive stocks like AGR, ATO, DTE, CLX and INGR are a safe bet during times of market volatility. zacks.com - 1 day ago
AGR or OGE: Which Is the Better Value Stock Right Now? Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Avangrid (AGR) and OGE Energy (OGE). But which of these two stocks offers value investors a better bang for their buck right now? zacks.com - 1 day ago
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sustainable companies offer dividends exceeding their share prices, signalling potential buy opportunities for investors. Analysts estimate net gains of 17.47% to 69.69% for the top ten sustainable companies by November 2025, based on target prices and dividends. seekingalpha.com - 2 days ago
Statement from Avangrid CEO Pedro Azagra on Veterans Day ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today issued the following statement for Veterans Day. “This Veterans Day, we pause to honor the women and men who served in the military, both in times of war and peace. We thank them for their unwavering courage to answer the call of service, their sacrifice and love for their country whether abroad or at home and for preserving the core principles of freedom. At. businesswire.com - 6 days ago
Applications Open for Avangrid Foundation's Wildlife Rehabilitation Grant Program ORANGE, Conn.--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading sustainable energy company Avangrid, Inc. (NYSE: AGR), announced today that it has opened applications for its 2024 Wildlife Rehabilitation Grant Program on Friday, Nov. 1. The company welcomes eligible wildlife organizations with its service areas to apply by midnight, November 15, 2024. “This program has grown year over year and we're proud we've been able make an impact and assist organizations providin. businesswire.com - 2 weeks ago
Avangrid Committed to ‘Leading in Digital' During Fourth Annual Digital Summit, Showcasing Technologies Advancing the Energy Sector ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, recently welcomed 13 leading technology providers to its headquarters for its fourth annual Digital Summit to showcase the latest disruptive strategies that are driving innovation in customer service, smartgrids, operations, and renewable energy. This year's theme was ‘Leading in Digital' and highlighted a shared commitment to accelerating the clean energy transiti. businesswire.com - 2 weeks ago
Avangrid Finishes Installing 105,000 Solar Modules at California Clean Energy Project KERN COUNTY, Calif.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has installed the final solar modules at its Camino Solar project in California. The Company installed about 105,000 modules over the past four months. “This is great progress for our first solar energy project in California, and I am happy to see us move into the next phase of construction,” said Pedro Azagra, Avangrid CEO. “Projects. businesswire.com - 2 weeks ago
Avangrid Secures Two Lease Areas in Gulf of Maine Floating Wind Auction BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced it has secured two lease areas in the auction of sites for offshore wind development in the Gulf of Maine held by the federal Bureau of Ocean Energy Management (BOEM). Avangrid was named provisional winner of lease areas OCS-A 0564 (98,565 acres) for $4.9 million and OCS-A 0568 (124,897 acres) for $6.2 million. Avangrid will work to develop the lease areas. businesswire.com - 2 weeks ago
Avangrid Recognizes Business Partners with Supplier Awards ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, recently recognized business partners at its 2024 Avangrid Supplier Awards. The Company announced six winners at last week's event at Avangrid's headquarters in Orange, Connecticut. “We are thrilled to recognize our business partners that help Avangrid address the immediate needs of our customers while advancing our efforts to create a clean energy future,” said Pe. businesswire.com - 2 weeks ago
Avangrid's Onshore Business Achieves First Ever Joint Health & Safety and Environmental Certifications ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, has achieved a joint certification in ISO 14001 and ISO 45001 for its Onshore Renewables business, becoming one of the first businesses within the Iberdrola Group to do so. ISO 14001 is for environmental management systems and ISO 45001 is for occupational health and safety systems. “We are incredibly proud to achieve this joint certification under ISO 14001 and IS. businesswire.com - 3 weeks ago
Avangrid Achieves Near-Perfect Cybersecurity Rating from SecurityScorecard ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it achieved a security score of 98 from SecurityScorecard, a global leader in cybersecurity ratings that evaluates the threats, vulnerabilities, and mitigations of over 25,000 companies. Avangrid's score, significantly higher than the energy industry average of 86, demonstrates the Company's commitment to the safety and security of its infrastr. businesswire.com - 3 weeks ago
Avangrid Q3 Earnings Beat Estimates, Revenues Increase Y/Y AGR's third-quarter 2024 earnings and revenues increase year over year. Operating expenses also decline during the same period. zacks.com - 3 weeks ago
8. Profile Summary

Avangrid, Inc. AGR

image
COUNTRY US
INDUSTRY Regulated Electric
MARKET CAP $ 13.9 B
Dividend Yield 1.23%
Description 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. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. 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. In addition, the company 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. 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 8.8 gigawatts of electricity capacity primarily through wind power in 22 states. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.
Contact 180 Marsh Hill Road, Orange, CT, 06477 https://www.avangrid.com
IPO Date Dec. 17, 2015
Employees 8000
Officers German Gonzalez Avecilla Vice President & Chief Compliance Officer Nacho Arronte Vice President & Chief Risk Officer Ms. Kimberly A. Harriman Senior Vice President of State Government Affairs & Corporate Communications Ms. Charlotte Ancel Vice President of Investor Relations Mr. John O'Neil Senior Vice President of People & Organization Mr. Ignacio Estella Senior Vice President of DEI, Talent & Innovation Ms. Nelly Jefferson Chief Information Officer Mr. Pedro Azagra Blazquez Chief Executive Officer & Director Mr. Jose Antonio Miranda Soto President & Chief Executive Officer of Avangrid Renewables, LLC Mr. Justin B. Lagasse Chief Financial Officer, Senior Vice President & Controller