National Grid Plc Stock Today
| NGG Stock | USD 66.82 0.02 0.03% |
Performance0 of 100
| Odds Of DistressLess than 6
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National Grid is trading at 66.82 as of the 25th of April 2024. This is a -0.03 percent decrease since the beginning of the trading day. The stock's lowest day price was 66.4. National Grid has only a 6 % chance of going through financial distress over the next few years, but 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 26th of January 2024 and ending today, the 25th of April 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 743.95 M outstanding shares of which 2.79 M shares are now shorted by investors with about 9.08 days to cover. More on National Grid PLC
Follow Valuation Options Odds of Bankruptcy
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National Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. National Grid's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding National Grid or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| 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 Analysts covering National Grid report their recommendations after researching National Grid's financial statements, talking to executives and customers, or listening in on National Grid's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering National Grid PLC. The National consensus assessment is calculated by taking the average forecast from all of the analysts covering National Grid. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from National Grid's historical financial statements, National Grid PLC may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of National Grid PLC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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National Grid's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to National Grid's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 29,450 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 49.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate National Grid's market, we take the total number of its shares issued and multiply it by National Grid's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. National Grid PLC runs under Multi-Utilities sector within Utilities industry. The entity has 743.95 M outstanding shares of which 2.79 M shares are now shorted by investors with about 9.08 days to cover.
National Grid PLC has about 0 in cash with 6.9 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 743.95 Million outstanding shares. Roughly 95.0 % of National Grid outstanding shares are held by general public with 0.01 pct. owned by insiders and only 4.7 % 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 Price Odds Analysis
In reference to a normal probability distribution, the odds of National Grid jumping above the current price in 90 days from now is about 44.99%. The National Grid PLC probability density function shows the probability of National Grid stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon National Grid has a beta of 0.4643. This indicates as returns on the market go up, National Grid average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding National Grid PLC will be expected to be much smaller as well. Additionally, national Grid PLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of National Grid to move above the current price in 90 days from now is about 44.99 (This National Grid PLC probability density function shows the probability of National Stock to fall within a particular range of prices over 90 days) .
National Stock Institutional Holders
Institutional Holdings refers to the ownership stake in National Grid that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of National Grid's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing National Grid's value.| Instituion | Recorded On | Shares | |
| Lpl Financial Corp | 2023-12-31 | 778.9 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 670.6 K | |
| Blackrock Inc | 2023-12-31 | 630.3 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 587 K | |
| Amvescap Plc. | 2023-12-31 | 553.2 K | |
| Ameriprise Financial Inc | 2023-12-31 | 509.9 K | |
| Bank Of Montreal | 2023-12-31 | 439.5 K | |
| Bmo Capital Markets Corp. | 2023-12-31 | 439.5 K | |
| Neuberger Berman Group Llc | 2023-12-31 | 415.1 K | |
| Bank Of America Corp | 2023-12-31 | 3.5 M | |
| Renaissance Technologies Corp | 2023-12-31 | 3.3 M |
National Grid Historical Income Statement
National Grid PLC Income Statement is one of the three primary financial statements used for reporting National's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of National Grid PLC revenue and expense. National Grid Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, National Grid's Other Operating Expenses is most likely to increase significantly in the upcoming years. The National Grid's current Research Development is estimated to increase to about 27.8 M, while Interest Expense is projected to decrease to roughly 1 B. View More FundamentalsNational Stock Against Markets
Picking the right benchmark for National Grid stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in National Grid stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for National Grid is critical whether you are bullish or bearish towards National Grid PLC at a given time. Please also check how National Grid's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in National Grid without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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National Grid Corporate Directors
National Grid corporate directors refer to members of a National Grid board of directors. The board of directors generally takes responsibility for the National Grid's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of National Grid's board members must vote for the resolution. The National Grid board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Maria Richter | Non-Executive Independent Director | Profile | |
| Jonathan Silver | Non-Executive Independent Director | Profile | |
| Mike Westcott | Global Human Resources Director and Group Commercial Property Director | Profile | |
| John Dawson | Director of Investor Relations | Profile |
How to buy National Stock?
Before investing in National Grid, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in National Grid. To buy National Grid stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of National Grid. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase National Grid stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located National Grid PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased National Grid PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as National Grid PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy National Stock please use our How to Invest in National Grid guide.
Already Invested in National Grid PLC?
The danger of trading National Grid PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of National Grid is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than National Grid. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile National Grid PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether National Grid PLC is a strong investment it is important to analyze National Grid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Grid's future performance. For an informed investment choice regarding National Stock, refer to the following important reports: 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 tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the National Grid PLC information on this page should be used as a complementary analysis to other National Grid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for National Stock analysis
When running National Grid's price analysis, check to measure National Grid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Grid is operating at the current time. Most of National Grid's value examination focuses on studying past and present price action to predict the probability of National Grid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Grid's price. Additionally, you may evaluate how the addition of National Grid to your portfolios can decrease your overall portfolio volatility.
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Is National Grid's industry 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 (0.11) | Dividend Share 0.57 | Earnings Share 4.29 | Revenue Per Share 4.694 | Quarterly Revenue Growth (0.10) |
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.