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$67.52 - $94.64
Previous CloseN/A
Volume161.11K
Average Volume (3M)1.11M
Market Cap
$78.78B
Enterprise Value$105.49B
Total Cash (Recent Filing)$4.06B
Total Debt (Recent Filing)$45.91B
Price to Earnings (P/E)19.2
Beta0.18
Next Earnings
Nov 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.03%
Share Statistics
EPS (TTM)2.88
Shares Outstanding995,109,400
10 Day Avg. Volume752,857
30 Day Avg. Volume1,108,323
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 Cap1.34
Enterprise Value/Revenue6.11
Enterprise Value/Gross Profit20.68
Enterprise Value/Ebitda14.56
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)6.04
Revenue Forecast (FY)$29.02B
Bulls Say, Bears Say
Bulls Say
Regulatory Approval & Investment PlanOfgem acceptance of RIIO‑T3 and a formal £70bn+ capex framework provides long-term revenue visibility and allowed returns above 9%. This secures a multi‑year regulated cashflow runway, supports RAB growth and underpins durable EPS and dividend prospects as new assets enter the regulatory base.
Execution Of Large Capital ProgramStrong execution (record investment and high delivery underpinning) materially de‑risks the infrastructure programme. Secured supply chains and ongoing construction reduce delivery risk, limit costly delays, and increase probability that invested capex will convert to regulated revenue and asset growth over the medium term.
Cash Generation & Margin ProfileConsistent operating cash flow coverage and very high gross margins reflect structural efficiency in regulated operations and strong cost control. This durable cash generation supports servicing debt, maintaining dividends and funding high capex, even if free cash flow is currently depressed by investment timing.
Bears Say
Declining Revenue TrendNegative revenue growth signals pressure on allowed revenues or demand dynamics in key markets. For a regulated utility, slower tariff or volume progression can compress earnings growth absent offsetting RAB additions, and indicates exposure to regulatory mechanisms and regional headwinds that may persist over multiple years.
Negative Free Cash Flow From Heavy CapexSustained negative free cash flow driven by very large capex requirements increases reliance on external financing and elevates liquidity risk. While capex is growth‑oriented, prolonged negative FCF can pressure credit metrics, limit flexibility for discretionary spend, and raise financing costs over the investment cycle.
Moderate Leverage And Rising Finance CostsModerate leverage combined with rising net finance costs increases interest burden and makes returns sensitive to interest rates and inflation on index‑linked liabilities. With a large investment plan ahead, elevated finance costs can erode net income and constrain the company's ability to fund projects internally without additional borrowing.
National Grid Transco News
NGG FAQ
What was National Grid’s price range in the past 12 months?
National Grid lowest stock price was $67.52 and its highest was $94.64 in the past 12 months.
What is National Grid’s market cap?
National Grid’s market cap is $78.78B.
When is National Grid’s upcoming earnings report date?
National Grid’s upcoming earnings report date is Nov 05, 2026 which is in 173 days.
How were National Grid’s earnings last quarter?
National Grid released its earnings results on May 14, 2026. The company reported $3.243 earnings per share for the quarter, the consensus estimate of $3.243 by $0.
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 for its next earnings report is not yet available.
How many shares outstanding does National Grid have?
National Grid has 995,109,400 shares outstanding.
What happened to National Grid’s price movement after its last earnings report?
National Grid reported an EPS of $3.243 in its last earnings report, expectations of $3.243. Following the earnings report the stock price went up 0.517%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
NGG Sentiment 80%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 822.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.9%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
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.
NGG Company Deck
NGG Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
National Grid's earnings call highlights significant achievements in capital investment, regulatory approvals, and operational performance, despite facing some challenges in revenue pressures and cost management. The company's strong financial and strategic position points towards continued growth and resilience.View all NGG earnings summariesTechnical Analysis
Ownership Overview
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Insiders
0.14% Mutual Funds
0.67% Other Institutional Investors
99.02% Public Companies and
Individual Investors