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 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NG shares. View NG analyst ratings or view top-rated stocks .

What is National Grid's stock price target for 2024?

6 analysts have issued 1-year price targets for National Grid's stock. Their NG share price targets range from GBX 1,080 to GBX 1,330. On average, they predict the company's stock price to reach GBX 1,212 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View analysts price targets for NG or view top-rated stocks among Wall Street analysts .

How have NG shares performed in 2024?

National Grid's stock was trading at GBX 1,058 at the beginning of the year. Since then, NG stock has decreased by 3.1% and is now trading at GBX 1,025. View the best growth stocks for 2024 here .

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

National Grid announced a dividend on Thursday, November 9th. Investors of record on Thursday, November 23rd will be paid a dividend of GBX 19.40 per share on Thursday, January 11th. This represents a dividend yield of 2%. The ex-dividend date is Thursday, November 23rd. The official announcement can be viewed at this link . Read our dividend analysis for NG .

Is National Grid a good dividend stock?

National Grid (LON:NG) pays an annual dividend of GBX 57 per share and currently has a dividend yield of 5.58%. NG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 8,260.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for NG .

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 (NGG) , Centrica (CNA) , Royal Dutch Shell (RDSB) , Legal & General Group (LGEN) , Lloyds Banking Group (LLOY) , Barclays (BARC) , Vodafone Group Public (VOD) , GSK (GSK) , HSBC (HSBA) and BP (BP) .

How do I buy shares of National Grid?

Shares of NG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:NG

National Grid (NG) Share Price, News & Analysis

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Free NG Stock Alerts

GBX 1,025

-12.50 (-1.20%)

(As of 04/15/2024 ET)

Compare

Today's Range: 1,024.36
▼
1,037.50
50-Day Range: 997
▼
1,073
52-Week Range: 918
▼
1,181

Volume: 4.80 million shs
Average Volume: N/A
Market Capitalization: £38.13 billion

P/E Ratio: 1,503.62
Dividend Yield: 5.56%
Price Target: GBX 1,212

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades Sustainability

Get National Grid alerts:

National Grid MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 18.2% Upside
GBX 1,212 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -4.44
Upright™ Environmental Score
News Sentiment: 0.20
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

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

2.3

Analyst's Opinion

Consensus Rating
National Grid has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
National Grid has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for NG.

1.7

Dividend Strength

Dividend Leadership
National Grid is a leading dividend payer. It pays a dividend yield of 5.58%, 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 Coverage
The dividend payout ratio of National Grid is 8,260.87%. Payout ratios above 75% are not desirable because they may not be sustainable.

1.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
National Grid has received a -32.73% net impact score from Upright. The largest negative impact of National Grid in category "GHG emissions" seems to be driven mostly by its "Natural gas distribution services", "Natural gas distribution equipment", and "Electricity trade" products. See details.
Environmental Sustainability
The Environmental Impact score for National Grid is -4.44.

2.3

News and Social Media Coverage

News Sentiment
National Grid has a news sentiment score of 0.20. 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 is a lower news sentiment than the 0.44 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for National Grid this week, compared to 4 articles on an average week.
Search Interest
12 people have searched for NG on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added National Grid to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

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 Insiders
Only 0.19% of the stock of National Grid is held by insiders.
Percentage Held by Institutions
53.95% of the stock of National Grid is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of National Grid is 1,503.62, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Grid is 1,503.62, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 76.08.
Price to Earnings Growth Ratio
National Grid has a PEG Ratio of 3.26. 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 1.28. 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 (LON:NG)

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.

NG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NG Stock News Headlines

April 15, 2024 | msn.com

National grid collapses again, throws Nigerians into blackout

April 14, 2024 | msn.com

Water scarcity: Governor Bala Mohammed apologises to Bauchi residents

April 16, 2024 | InvestorPlace (Ad)

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He's doing something he's never done before. In ten years, this nerd investor has picked 210+ stocks that have gone up at least 100%.

April 14, 2024 | americanbankingnews.com

National Grid plc (LON:NG) Receives GBX 1,182.50 Average Target Price from Analysts

April 14, 2024 | msn.com

New substation will power 2,000 Ondo communities – NDDC

April 13, 2024 | msn.com

NDDC connects sub-station to power five Ondo LGs

April 12, 2024 | americanbankingnews.com

National Grid's (NG) Buy Rating Reaffirmed at Jefferies Financial Group

April 8, 2024 | msn.com

700 megawatts Zungeru power plant starts testing

April 16, 2024 | InvestorPlace (Ad)

Nerd Investor Reveals Secret To Make Money With A.I.

He's doing something he's never done before. In ten years, this nerd investor has picked 210+ stocks that have gone up at least 100%.

April 6, 2024 | americanbankingnews.com

National Grid (LON:NG) Stock Price Up 0.2%

April 4, 2024 | msn.com

How plant-to-grid coordination can help Nigeria’s industrialisation quest

April 1, 2024 | msn.com

DOE applies measures to avert power interruptions amid El Niño, dry season

March 31, 2024 | msn.com

Buying 3,027 National Grid shares now would give me a second income of £150 a month

March 30, 2024 | finance.yahoo.com

National Grid's Gas Bill Sparks Outrage Among UK Consumers

March 29, 2024 | msn.com

Nigerian Newspapers: 10 things you need to know this Friday morning

March 28, 2024 | msn.com

Easter: Nationwide darkness hits Nigeria as national grid collapsed

March 28, 2024 | msn.com

RFK Jr. supported building national ‘smart grid’ that can remotely shut off personal appliances

March 25, 2024 | msn.com

2 ‘super-safe’ dividend shares that have paid income for decades

March 24, 2024 | msn.com

National Grid upgrading infrastructure, anticipating increase in load, renewable sources

March 23, 2024 | msn.com

National Grid announces Upstate Upgrade program

March 20, 2024 | msn.com

3 top dividend stocks for passive income

March 19, 2024 | msn.com

Nigerian government backs 20MW solar-hydro hybrid project to boost electricity supply

March 19, 2024 | msn.com

Extra £58bn funding for grid needed, report claims

March 18, 2024 | msn.com

Britain's National Grid proposes $74 billion energy system upgrade

March 18, 2024 | reuters.com

Britain's National Grid proposes $74 bln energy system upgrade

March 18, 2024 | msn.com

Varsity don calls for repeal of privatisation of electricity distribution

March 18, 2024 | msn.com

The states and the blackout nation

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: LON
Sector: Utilities
Industry: Utilities - Regulated Electric
Sub-Industry: N/A
Current Symbol: LON:NG
CUSIP: N/A
CIK: N/A
Web: www.nationalgridet.com
Phone: 44 20 7004 3000
Fax: N/A
Employees: 29,450
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 1,212
High Stock Price Target: GBX 1,330
Low Stock Price Target: GBX 1,080
Potential Upside/Downside: +16.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.69
Trailing P/E Ratio: 1,503.62
Forward P/E Ratio: 14.52
P/E Growth: 3.26
Net Income: £2.56 billion
Net Margins: 37.04%
Pretax Margin: N/A
Return on Equity: 9.23%
Return on Assets: 2.68%

Debt

Debt-to-Equity Ratio: 156.83
Current Ratio: 0.93
Quick Ratio: 0.34

Sales & Book Value

Annual Sales: £20.70 billion
Price / Sales: 1.86
Cash Flow: GBX 82.33 per share
Price / Cash Flow: 12.60
Book Value: GBX 800 per share
Price / Book: 1.30

Miscellaneous

Outstanding Shares: 3,720,000,000
Free Float: N/A
Market Cap: £38.60 billion
Optionable: Not Optionable
Beta: 0.29

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Key Executives

Mr. John Pettigrew FEI (Age 56)
FIET, CEO & Executive Director
Comp: $2.39M
Mr. Andrew Jonathan Agg (Age 55)
CFO & Executive Director
Comp: $1.55M
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

Insiders

View All Insider Transactions

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

Pros

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

National Grid plc has a market cap of £37.98 billion, indicating a stable and well-established company in the utilities sector.
The company operates in multiple segments, including electricity transmission, distribution, and system operation, providing diversified revenue streams.
Analysts have set a target price of GBX 1,182.50 for National Grid plc, suggesting potential for capital appreciation.
National Grid plc has a low beta of 0.29, indicating lower volatility compared to the overall market.
The company's presence in the UK, New England, and New York regions offers geographic diversification and reduces regional risk.

Cons

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

The company has a high debt-to-equity ratio of 156.83, which may indicate higher financial risk.
National Grid plc's stock price has experienced fluctuations, with a 1-year low of GBX 918 and a 1-year high of GBX 1,181, potentially leading to uncertainty for investors.
The company's price-to-earnings ratio of 1,479.71 may be considered high, impacting the valuation of the stock.
National Grid plc's P/E/G ratio of 3.26 suggests that the stock may be overvalued relative to its earnings growth potential.
The company's quick ratio of 0.34 and current ratio of 0.93 may raise concerns about its short-term liquidity and ability to meet financial obligations.

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 Saturday, April 13, 2024. Please send any questions or comments about these National Grid pros and cons to contact@marketbeat.com.

NG 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 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NG shares.
View NG analyst ratings or view top-rated stocks.
What is National Grid's stock price target for 2024?: 6 analysts have issued 1-year price targets for National Grid's stock. Their NG share price targets range from GBX 1,080 to GBX 1,330. On average, they predict the company's stock price to reach GBX 1,212 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price.
View analysts price targets for NG or view top-rated stocks among Wall Street analysts.
How have NG shares performed in 2024?: National Grid's stock was trading at GBX 1,058 at the beginning of the year. Since then, NG stock has decreased by 3.1% and is now trading at GBX 1,025.
View the best growth stocks for 2024 here.
How often does National Grid pay dividends? What is the dividend yield for National Grid?: National Grid announced a dividend on Thursday, November 9th. Investors of record on Thursday, November 23rd will be paid a dividend of GBX 19.40 per share on Thursday, January 11th. This represents a dividend yield of 2%. The ex-dividend date is Thursday, November 23rd. The official announcement can be viewed at this link.
Read our dividend analysis for NG.

Is National Grid a good dividend stock?: National Grid (LON:NG) pays an annual dividend of GBX 57 per share and currently has a dividend yield of 5.58%. NG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 8,260.87%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NG.
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 (NGG), Centrica (CNA), Royal Dutch Shell (RDSB), Legal & General Group (LGEN), Lloyds Banking Group (LLOY), Barclays (BARC), Vodafone Group Public (VOD), GSK (GSK), HSBC (HSBA) and BP (BP).
How do I buy shares of National Grid?: Shares of NG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

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

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National Grid (NG) Share Price, News & Analysis

National Grid MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About National Grid Stock (LON:NG)

NG Stock Price History

NG Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

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

Pros

Cons

NG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™