Avangrid is majority-owned by European utility Iberdrola. Avangrid investors must be comfortable with regulated operations across the Northeast and the outlook for the U.S. onshore and offshore renewable energy growth.
Avangrid's diversified set of utilities operate in supportive regulatory jurisdictions, reducing the risk of adverse rulings and supporting long-term earnings and dividend growth.
Avangrid's aggressive investment plan increases regulatory risk, particularly with offshore wind where costs are rising. Regulatory relationships in the Northeast can be challenging at times.
|
Metric
|
AGR
|
WEC
|
NEE
|
|---|---|---|---|
Price/Earnings (Normalized) | 24.40 | 17.70 | 20.37 |
Price/Book Value | 0.73 | 2.21 | 2.80 |
Price/Sales | 1.72 | 2.91 | 4.99 |
Price/Cash Flow | 8.16 | 9.30 | 10.13 |
|
Metric
|
AGR
|
WEC
|
NEE
|
|---|---|---|---|
Quick Ratio | 0.32 | 0.30 | 0.31 |
Current Ratio | 0.65 | 0.55 | 0.55 |
Interest Coverage | 2.60 | 3.11 | 3.19 |
|
Metric
|
AGR
|
WEC
|
NEE
|
|---|---|---|---|
Return on Assets (Normalized) | 1.92% | 3.40% | 2.39% |
Return on Equity (Normalized) | 4.15% | 12.56% | 8.94% |
Return on Invested Capital (Normalized) | 3.63% | 6.97% | 4.85% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Ldmjnzbfk | Pxmqz | $136.0 Bil | |
SO
| Southern Co | Gfdcnrpyvw | Gvhwhjy | $80.2 Bil | |
DUK
| Duke Energy Corp | Jhskvqpg | Fcgzncc | $75.7 Bil | |
NGG
| National Grid PLC ADR | Rwyhhwhht | Pwbx | $48.1 Bil | |
AEP
| American Electric Power Co Inc | Nvrvlfkgb | Jvkgv | $44.7 Bil | |
PCG
| PG&E Corp | Yqdzytrm | Svwz | $44.3 Bil | |
D
| Dominion Energy Inc | Hmftxtc | Dwdkh | $42.4 Bil | |
EXC
| Exelon Corp | Kgqynhnb | Ysfgq | $36.7 Bil | |
PEG
| Public Service Enterprise Group Inc | Qkcmvkc | Ygllspt | $33.2 Bil | |
ED
| Consolidated Edison Inc | Wcwwmjjq | Fpy | $32.1 Bil |
:quality(80)/s3.amazonaws.com/arc-authors/morningstar/689ab3b8-4029-4d7c-9975-43e4305e927a.jpg)