18.6 C
New York
Saturday, June 3, 2023

Is Avangrid Inc. (NYSE: AGR) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Avangrid Inc. (AGR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.0988, or -0.25%, to $38.6812. The Avangrid Inc. has recorded 6,775 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that AVANGRID: New Mexico Supreme Court Denies Motion to Dismiss and Remand Merger Appeal, Schedules Oral Argument.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


Stocks Info

AGR belongs to the Utilities sector of the NYSE while operating in the Utilities – Regulated Electric industry. At the end of the last regular session, the stock closed at $38.78 and fluctuated between $39.00 as its day high and $38.40 as its day low. The current market capitalization of Avangrid Inc. is $14.86B. A total of 0.75 million shares were traded on the day, compared to an average of 619.00K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AGR has seen 2 BUY and 1 SELL insider trades, representing the acquisition of 5,512 and the disposition of 1,742 shares. Over the last 12 months, there were 12 BUYs and 2 SELLs from insiders. Insiders purchased 19,285 shares during that period but sold 5,810.

In the most recent transaction, Solomont Alan D bought 129 shares of AGR for 38.78 per share on Mar 01. After the transaction, the Director now owns 9,490 company shares. In a previous transaction on Feb 01, Solomont Alan D bought 119 shares at 42.00 per share. AGR shares that Director owns now total 9,361.

Among the insiders who bought shares, Solomont Alan D acquired of 117 shares on Jan 03 at a per-share price of $43.33. This resulted in the Director holding 9,242 shares of AGR after the transaction. In another insider transaction, Solomont Alan D bought 117 shares at $42.92 per share on Dec 02. Company shares held by the Director now total 9,125.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Avangrid Inc. pays an annual dividend of $1.76, resulting in a dividend yield of 4.54%, and it has a price to earnings (P/E) ratio of 22.05. AGR’s most recent ex-dividend date was 5/31/2023 when it declared a $0.44 quarterly dividend that was paid in cash on 7/3/2023. Previously, the company paid the dividend on 4/3/2023 with an ex-dividend date of 2/28/2023. The AGR stock dividend was $0.44 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AGR in the last 3 months, the mean price target is $41.00 with high estimates of $52.00 and low estimates of $34.00. In terms of 52-week highs and lows, AGR has a high of $51.71 and a low of $37.44.

As of this writing, AGR has an earnings estimate of $ARMOUR Residential REIT, Inc. per share for the current quarter. EPS was calculated based on a consensus of Arbor Realty Trust estimates, with a high estimate of $Progressive Corporation (The) per share and a lower estimate of $First Majestic Silver Corp.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. AGR’s latest balance sheet shows that the firm has $1.47B in Cash & Short Term Investments as of fiscal 2021. There were $8.62B in debt and $3.33B in liabilities at the time. Its Book Value Per Share was $50.44, while its Total Shareholder’s Equity was $19.96B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AGR is Buy with a score of 2.70.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles