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NG Stock Chart & Stats
1274.80 p
10.20 p(1.09%)
At close: 4:00 PM EST
1274.80 p
10.20 p(1.09%)
Day’s Range― - ―
52-Week Range1,000.00 p - 1,428.50 p
Previous CloseN/A
Volume916.99K
Average Volume (3M)9.07M
Market Cap
£61.97B
Enterprise Value106.88B
Total Cash (Recent Filing)£2.83B
Total Debt (Recent Filing)£46.76B
Price to Earnings (P/E)19.0
Beta0.77
Next Earnings
Nov 05, 2026EPS Estimate
0.34Next Dividend Ex-DateN/A
Dividend Yield4.15%
Share Statistics
EPS (TTM)0.66
Shares Outstanding4,975,710,400
10 Day Avg. Volume10,299,451
30 Day Avg. Volume9,074,946
Financial Highlights & Ratios
PEG Ratio1.92
Price to Book (P/B)1.60
Price to Sales (P/S)3.55
P/FCF Ratio-16.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£1,373.33Price Target Upside7.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)0.89
Revenue Forecast (FY)£19.91B
Bulls Say, Bears Say
Bulls Say
Visible Multi-year GBP70bn Investment ProgrammeA large, regulated five‑year capex plan (~GBP70bn) materially expands the regulated asset base, which underpins durable earnings via allowed returns. With ~10% annual asset growth and EPS guidance, the programme drives structural revenue and RAV growth over the medium term.
Consistent, Strong Operating Cash GenerationSustained operating cash flow (mid-single-digit billions annually, and GBP7.9bn reported) provides a stable funding base for ongoing investment and regulatory working capital. Reliable OCF supports credit profiles and funds a large portion of regulated activity even amid heavy capex cycles.
Technology-led Productivity And Reliability GainsTangible operational improvements from digital pilots and automation reduce TotEx and outage minutes, improving reliability metrics regulators value. These technology-driven efficiencies can persistently lower operating costs and support service metrics that underpin regulated returns.
Bears Say
Elevated Net Debt And Rising LeverageVery large absolute debt (~£44bn) and a trajectory toward high-60% gearing constrain financial flexibility, increase interest-rate and refinancing risk, and reduce buffer for cost shocks. Elevated leverage limits optionality for incremental investment or shareholder returns over the medium term.
Persistently Negative Free Cash Flow Amid Heavy CapexChronic negative free cash flow means the company must rely on external financing (debt or equity) to fund the capex step-up. Over the medium term this raises refinancing needs and cost of capital sensitivity, weakening resilience to market or regulatory shocks.
Portion Of Capex Not Fully De-risked; Regulatory Uncertainty (RIIO-ED3)Significant residual exposure remains where investment recovery and allowed returns are not fully secured. Pending RIIO-ED3 methodology and uncovered project scope create structural execution and revenue-recovery risk, potentially affecting permitted returns and earnings durability.
National Grid News
NG FAQ
What was National Grid’s price range in the past 12 months?
National Grid lowest share price was 1000.00 p and its highest was 1428.50 p in the past 12 months.
What is National Grid’s market cap?
National Grid’s market cap is £61.97B.
When is National Grid’s upcoming earnings report date?
National Grid’s upcoming earnings report date is Nov 05, 2026 which is in 128 days.
How were National Grid’s earnings last quarter?
National Grid released its earnings results on May 14, 2026. The company reported 0.482 p earnings per share for the quarter, the consensus estimate of 0.482 p by 0 p.
Is National Grid overvalued?
According to Wall Street analysts National Grid’s price is currently Undervalued.
Does National Grid pay dividends?
National Grid pays a Semiannually dividend of 32.14 p which represents an annual dividend yield of 4.15%. See more information on National Grid dividends here
What is National Grid’s EPS estimate?
National Grid’s EPS estimate is 0.34.
How many shares outstanding does National Grid have?
National Grid has 4,975,710,400 shares outstanding.
What happened to National Grid’s price movement after its last earnings report?
National Grid reported an EPS of 0.482 p in its last earnings report, expectations of 0.482 p. Following the earnings report the stock price went up 1.136%.
Which hedge fund is a major shareholder of National Grid?
Currently, no hedge funds are holding shares in GB:NG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
National Grid Stock Smart Score
Outperform
1
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
£1,373.33 (7.73% Upside)
£1,373.33 (7.73% Upside)
Insider Transactions
Bought Shares
Worth £95.3K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.48%
12-Months-Change
Fundamentals
Return on Equity
8.47%
Trailing 12-Months
Asset Growth
1.44%
Trailing 12-Months
Company Description
National Grid
National Grid plc operates as a major energy utility, focusing on the transmission and distribution of both electricity and natural gas. Its business is organized into distinct geographical and operational segments. Within the United Kingdom, it oversees the high-voltage electricity transmission network and related construction across England and Wales. It also handles electricity distribution for specific regions, including the Midlands, South West England, and South Wales. Furthermore, as the UK Electricity System Operator, the company plays a crucial role in balancing electricity supply and demand throughout Great Britain's transmission system and acts on behalf of other transmission operators. In the United States, its New England and New York divisions are responsible for the distribution of electricity and gas, alongside electricity transmission services, in their respective territories. Beyond these core functions, National Grid also provides cross-border electricity transmission via interconnectors, manages an LNG importation facility at the Isle of Grain, divests renewable energy projects, engages in the leasing and sale of commercial properties, and undertakes insurance activities within the UK. The company was founded in 1990 and maintains its headquarters in London, United Kingdom.
NG Stock 12 Month Forecast
Average Price Target
1,373.33 p
▲(7.73% Upside)
Technical Analysis
Options Prices
Currently, No data available
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