National Grid (NGG)
NYSE:NGG
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$62.13 - $94.64
Previous CloseN/A
Volume161.11K
Average Volume (3M)1.31M
Market Cap
$81.42B
Enterprise Value$106.50B
Total Cash (Recent Filing)$4.06B
Total Debt (Recent Filing)$45.91B
Price to Earnings (P/E)21.6
Beta0.20
Next Earnings
May 14, 2026EPS Estimate
3.28Next Dividend Ex-DateN/A
Dividend Yield4.03%
Share Statistics
EPS (TTM)1.95
Shares Outstanding994,261,840
10 Day Avg. Volume1,442,799
30 Day Avg. Volume1,314,607
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 Cap1.31
Enterprise Value/Revenue6.16
Enterprise Value/Gross Profit20.87
Enterprise Value/Ebitda14.70
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)5.24
Revenue Forecast (FY)$26.26B
Bulls Say, Bears Say
Bulls Say
Regulatory Approvals And Price Control ClarityMaterial regulatory approvals and acceptance of RIIO‑T3 increase visibility of allowed revenue and returns, de-risking a large portion of future cash flows. This supports multi-year investment recovery, improves financing predictability and underpins long-term earnings durability.
High Gross Margins And Strong Operating Cash FlowConsistently high gross margins and operating cash generation indicate durable operational efficiency across networks. Strong OCF coverage of net income supports dividend policy and funds a portion of capital program, reducing reliance on volatile external financing over the medium term.
Large, Committed Capital Program With Delivery ProgressA sizeable, approved investment pipeline expands the regulated asset base, which is the primary driver of future allowed revenues. Demonstrated delivery and secured supply chains reduce execution risk and translate planned capex into predictable long-term asset-backed cash flows and growth.
Bears Say
Inconsistent And Declining Revenue TrendsDeclining and uneven revenue growth reduces top-line visibility for a company whose earnings depend on asset growth and tariff frameworks. Prolonged revenue softness can constrain earnings progression, pressure margins, and complicate regulatory negotiations for future allowed returns.
Negative Free Cash Flow Due To Heavy CapexPersistent negative free cash flow from capex outstripping OCF forces reliance on external funding or higher leverage to finance growth. Over 2–6 months this limits financial flexibility, raises refinancing needs, and can increase vulnerability to higher borrowing costs or capital market disruptions.
Moderate Leverage And Rising Finance CostsA utility-typical but material leverage profile combined with rising indexed-linked debt costs elevates interest expense. Higher finance costs reduce free cash flow available for dividends or discretionary investment, and sustained inflation or rate pressures could materially weigh on shareholder returns.
National Grid Transco News
NGG FAQ
What was National Grid’s price range in the past 12 months?
National Grid lowest stock price was $62.13 and its highest was $94.64 in the past 12 months.
What is National Grid’s market cap?
National Grid’s market cap is $81.42B.
When is National Grid’s upcoming earnings report date?
National Grid’s upcoming earnings report date is May 14, 2026 which is in 45 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 3.28.
How many shares outstanding does National Grid have?
National Grid has 994,261,840 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
Outperform
1
2
3
4
5
6
7
8
9
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
Neutral
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
33.69%
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
Q2 2025
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
―
Insiders
0.15% Mutual Funds
1.28% Other Institutional Investors
98.36% Public Companies and
Individual Investors