National Grid/NG

2.02%
-
1D1W1MYTD1YMAX

About National Grid

National Grid plc is an energy company. The Company's businesses supply gas and electricity to various customers and communities. Its segments include UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York and National Grid Ventures. UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. UK Electricity Distribution segment includes the electricity distribution networks of Western Power Distribution in East Midlands, West Midlands, and Southwest of England and South Wales. UK Electricity System Operator segment is the Great Britain system operator. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.

Ticker

NG

Sector

Utilities

Trading on

LSE

Industry

Electric Utilities

CEO

John Pettigrew

Employees

31,275

Headquarters

London, United Kingdom

National Grid Metrics

BasicAdvanced
£37.68B
Market cap
4.87
P/E ratio
£2.08
EPS
0.40
Beta
£0.57
Dividend rate
5.63%
Dividend yield
£37.68B
0.39584
£11.81
£9.18
10.62M
£0.57
0.93
0.817
142.95
152.086
79.15%
4.25%
2.72%
9.58%
3.19%
4.866
1.82
1.268
2.38
5.1%
5.63%
5.63%
-0.28%
-10.2%
14.21%
26.35%
4.51%

What the Analysts think about National Grid

Analyst Ratings

Majority rating from 16 analysts.
Buy

Price Targets

Average projection from 13 analysts.
15.63% upside
High £13.30
Low £10.01
£10.30
Current price
£11.91
Average price target

National Grid Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
13.28% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
£8.49B
-30.5%
Net income
£1.13B
-82.75%
Profit margin
13.28%
-75.2%

National Grid Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 13.49%
QuarterlyAnnual
Q1 22
Q3 23
Q1 23
Q3 24
Q1 24
Actual
£0.41
£0.25
£0.39
£0.26
-
Expected
£0.41
£0.28
£0.36
£0.23
£0.45
Surprise
-0.32%
-10.49%
7.54%
13.49%
-
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by ICE Data Services and LSEG. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for National Grid stock?

National Grid (NG) has a market cap of £37.68B as of April 19, 2024.

What is the P/E ratio for National Grid stock?

The price to earnings (P/E) ratio for National Grid (NG) stock is 4.87 as of April 19, 2024.

Does National Grid stock pay dividends?

Yes, the National Grid (NG) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is £0.57 and the yield is 5.63%. National Grid has a payout ratio of 79.15% on a trailing twelve-month basis.

When is the next National Grid dividend payment date?

The next National Grid (NG) dividend payment date is unconfirmed.

What is the beta indicator for National Grid?

National Grid (NG) has a beta rating of 0.4. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the National Grid stock price target?

The target price for National Grid (NG) stock is £11.91, which is 15.63% above the current price of £10.3. This is an average based on projections from 13 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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