National Grid (NGG)
NYSE:NGG
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NGG Stock Chart & Stats
$75.51
-$0.77(-1.31%)
At close: 4:00 PM EST
$75.51
-$0.77(-1.31%)
Day’s Range― - ―
52-Week Range$67.09 - $94.64
Previous CloseN/A
Volume161.11K
Average Volume (3M)1.12M
Market Cap
$87.33B
Enterprise Value$108.40B
Total Cash (Recent Filing)$4.06B
Total Debt (Recent Filing)$45.91B
Price to Earnings (P/E)21.6
Beta0.24
Next Earnings
May 14, 2026EPS Estimate
3.24Next Dividend Ex-DateN/A
Dividend Yield4.03%
Share Statistics
EPS (TTM)1.95
Shares Outstanding994,685,360
10 Day Avg. Volume667,978
30 Day Avg. Volume1,124,328
Financial Highlights & Ratios
PEG Ratio2.52
Price to Book (P/B)1.26
Price to Sales (P/S)2.60
P/FCF Ratio-14.12
Enterprise Value/Market Cap1.24
Enterprise Value/Revenue6.27
Enterprise Value/Gross Profit21.25
Enterprise Value/Ebitda14.96
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)6.01
Revenue Forecast (FY)$28.74B
Bulls Say, Bears Say
Bulls Say
Regulatory Certainty (RIIO‑T3 Acceptance)Acceptance of RIIO‑T3 gives multi-year regulatory clarity, permitting allowed returns above 9% and clearer recovery of investment. That structural certainty supports long-term cash flow visibility, underpins project economics and reduces regulatory execution risk for transmission investments.
Large Multi‑Year Investment ProgramA £70bn cumulative capex plan materially expands the regulated asset base, driving durable revenue via allowed returns as new assets come into service. This scale supports strategic positioning in grid upgrades and energy transition projects, reinforcing long-term growth and relevance to decarbonization agendas.
Strong Operating Cash GenerationConsistent operating cash flow coverage of net income indicates robust cash-generating operations from regulated networks. This enduring cash flow supports debt servicing, funds ongoing capex, and sustains dividend policy, making it a durable pillar of financial resilience despite high investment needs.
Bears Say
Heavy Capital Expenditures / Negative FCFPersistently negative free cash flow reflects capex materially exceeding operating cash inflows. Over time this raises reliance on external financing, constrains balance sheet flexibility, and increases refinancing risk if markets tighten, making capital allocation and financing strategy critical for sustainability.
Inconsistent Revenue GrowthVolatile top‑line trends reduce predictability of allowed revenue trajectories and complicate multi‑year planning under regulatory frameworks. For a regulator‑driven model, inconsistent revenue can reflect tariff/recovery timing or market pressures, increasing execution risk for planned investment returns and performance incentives.
Leverage And Rising Finance CostsModerate but significant leverage combined with rising finance costs and inflation‑linked debt increases interest expense and narrows net margins. Over the medium term, this elevates sensitivity to interest rates and inflation, pressuring cash flow available for discretionary uses and heightening refinancing needs.
National Grid Transco News
NGG FAQ
What was National Grid’s price range in the past 12 months?
National Grid lowest stock price was $67.08 and its highest was $94.64 in the past 12 months.
What is National Grid’s market cap?
National Grid’s market cap is $87.33B.
When is National Grid’s upcoming earnings report date?
National Grid’s upcoming earnings report date is May 14, 2026 which is in 24 days.
How were National Grid’s earnings last quarter?
National Grid released its earnings results on Nov 06, 2025. The company reported $1.952 earnings per share for the quarter, beating the consensus estimate of $1.845 by $0.107.
Is National Grid overvalued?
According to Wall Street analysts National Grid’s price is currently Overvalued.
Does National Grid pay dividends?
National Grid pays a Semiannually dividend of $1.056 which represents an annual dividend yield of 4.03%. See more information on National Grid dividends here
What is National Grid’s EPS estimate?
National Grid’s EPS estimate is 3.24.
How many shares outstanding does National Grid have?
National Grid has 994,685,360 shares outstanding.
What happened to National Grid’s price movement after its last earnings report?
National Grid reported an EPS of $1.952 in its last earnings report, beating expectations of $1.845. Following the earnings report the stock price went up 1.22%.
Which hedge fund is a major shareholder of National Grid?
Currently, no hedge funds are holding shares in NGG
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 Transco Stock Smart Score
Neutral
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10
Blogger Sentiment
Bullish
NGG Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 822.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.76%
12-Months-Change
Fundamentals
Return on Equity
7.66%
Trailing 12-Months
Asset Growth
2.25%
Trailing 12-Months
Company Description
National Grid
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, and New York 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. It also engages in the provision of transmission services through electricity interconnectors and LNG importation at the Isle of Grain; sale of renewables projects; and 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.
Technical Analysis
Ownership Overview
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Insiders
0.14% Mutual Funds
0.06% Other Institutional Investors
99.62% Public Companies and
Individual Investors