National Grid Plc Stock Today
| NGG Stock | USD 63.33 0.50 0.80% |
Performance0 of 100
| Odds Of DistressLess than 34
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National Grid is trading at 63.33 as of the 28th of November 2024. This is a 0.80% increase since the beginning of the trading day. The stock's lowest day price was 62.49. National Grid has about a 34 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for National Grid PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Utilities | IPO Date 7th of October 1999 |
National Grid plc transmits and distributes electricity and gas. The company was founded in 1990 and is headquartered in London, the United Kingdom. National Grid operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 977.21 M outstanding shares of which 617.94 K shares are now shorted by investors with about 1.24 days to cover. More on National Grid PLC
Moving together with National Stock
| 0.72 | ED | Consolidated Edison Sell-off Trend | PairCorr |
| 0.83 | ES | Eversource Energy | PairCorr |
| 0.83 | FE | FirstEnergy | PairCorr |
Moving against National Stock
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National Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Peter Gershon | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Multi-Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, Power Assets, Utilities, Multi-Utilities, Utilities—Regulated Electric, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsNational Grid can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand National Grid's financial leverage. It provides some insight into what part of National Grid's total assets is financed by creditors.
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National Grid PLC (NGG) is traded on New York Stock Exchange in USA. It is located in 1-3 Strand, London, United Kingdom, WC2N 5EH and employs 31,425 people. National Grid is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 61.4 B. National Grid PLC runs under Multi-Utilities sector within Utilities industry. The entity has 977.21 M outstanding shares of which 617.94 K shares are now shorted by investors with about 1.24 days to cover.
National Grid PLC has about 0 in cash with 6.94 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.59.
Check National Grid Probability Of Bankruptcy
Ownership AllocationNational Grid PLC maintains a total of 977.21 Million outstanding shares. Roughly 95.38 % of National Grid outstanding shares are held by general public with 0.01 pct. owned by insiders and only 4.61 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check National Ownership Details
National Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Envestnet Asset Management Inc | 2024-09-30 | 1.2 M | |
| Raymond James & Associates | 2024-09-30 | 1.2 M | |
| Merewether Investment Management, Lp | 2024-09-30 | 955 K | |
| Ausbil Investment Management Limited | 2024-09-30 | 896 K | |
| Lpl Financial Corp | 2024-09-30 | 756.5 K | |
| Clark Capital Management Group Inc | 2024-09-30 | 745.1 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 734.4 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 694.1 K | |
| Hsbc Holdings Plc | 2024-06-30 | 650.1 K | |
| Fmr Inc | 2024-09-30 | 4 M | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.6 M |
National Grid Historical Income Statement
National Stock Against Markets
National Grid Corporate Directors
| Jonathan Silver | Non-Executive Independent Director | Profile | |
| Andy Agg | Chief Financial Officer, Executive Director | Profile | |
| Earl Shipp | Non-Executive Independent Director | Profile | |
| John Pettigrew | Executive Director of UK and Executive Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Grid PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Grid. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Grid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.82) | Dividend Share 0.55 | Earnings Share 2.56 | Revenue Per Share 3.9126 | Quarterly Revenue Growth (0.06) |
The market value of National Grid PLC is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Grid's value that differs from its market value or its book value, called intrinsic value, which is National Grid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Grid's market value can be influenced by many factors that don't directly affect National Grid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Grid's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Grid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Grid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.