National Grid Stock Symbol Performance Review

National Grid's stock symbol is NGG on the London Stock Exchange and GNC on the New York Stock Exchange.

The company has a long history, dating back to 1948, and has undergone significant transformations over the years.

National Grid has a strong presence in the UK and US, with a diverse portfolio of energy and utility assets.

Its shares have historically been a stable investment option, with a consistent dividend yield.

National Grid's financial performance in 2023 was a mixed bag. Revenue decreased by 8.35% to 19.85 billion, a significant drop from the previous year's 21.66 billion.

Earnings took a bigger hit, plummeting by 70.63% to 2.29 billion.

Here's a comparison of National Grid's performance to the S&P 500 over different time periods:

National Grid's revenue took a hit in 2023, decreasing by 8.35% to 19.85 billion compared to the previous year's 21.66 billion.

This significant drop in revenue is reflected in the company's earnings, which plummeted by 70.63% to 2.29 billion.

If we look at the bigger picture, National Grid's stock performance has been quite volatile. Over the past year, it's underperformed the S&P, returning -7.57% compared to the S&P's 24.74%.

However, if we take a 5-year view, National Grid's stock has actually done quite well, returning 24.44% compared to the S&P's 81.42%.

The UK is making a significant investment in its transmission business, with the National Grid planning to spend up to $44.45 billion over the next five years.

This massive investment is part of the National Grid's business plan, which aims to upgrade and expand the country's energy infrastructure.

The National Grid is gearing up to invest a massive sum, with plans to raise $8.9 billion through a rights issue of new shares.

This investment drive is a key part of the National Grid's strategy to improve its transmission business and meet the growing demand for energy in the UK.

The National Grid's transmission business is expected to grow, driven by the return on assets (RAB) that it receives.

However, the UK's politics could pose a threat to the National Grid's operations, with the Labour Party proposing the nationalization of electricity and gas infrastructure.

The National Grid is planning a significant investment drive, with a business plan that includes spending up to 35 billion pounds ($44.45 billion) over five years to March 2031.

This investment will go towards upgrading and expanding its transmission business, which is a crucial part of the UK's energy infrastructure.

To finance this massive investment, the National Grid plans to raise around 7 billion pounds ($8.9 billion) through a rights issue of 1.09 billion new shares.

This rights issue is fully underwritten, meaning that the company has secured the necessary funding to move forward with its investment plans.

The National Grid aims to invest a total of 60 billion pounds in energy infrastructure, which is a significant commitment to the UK's energy future.

This investment will have a positive impact on the UK's energy landscape, providing a more reliable and efficient energy supply to households and businesses.

The National Grid's investment plans are a testament to the company's commitment to supporting the UK's transition to a low-carbon economy.

National Grid's earnings and estimates are a crucial aspect of its financial performance. In 2025, the company is expected to generate a revenue of £20,580.

The dividend payout is also expected to increase, reaching £0.50 per share in 2029. This represents a significant growth from the £0.46 per share in 2025.

National Grid's dividend yield is also expected to increase, reaching 5.30% in 2029. This is a relatively stable and attractive yield for investors.

Here's a breakdown of National Grid's estimated earnings and estimates for the next few years:

National Grid's earnings per share (EPS) are also expected to grow, reaching £0.92 in 2029. This represents a significant increase from the £0.71 in 2025.

The company's pre-tax profit is expected to reach £5,552 in 2029, up from £3,903 in 2025. This indicates a steady increase in National Grid's profitability.

National Grid's free cash flow is expected to reach -£4,775 in 2029, down from -£2,985 in 2025. This suggests that the company may face some challenges in generating cash flow in the future.

The company's net debt is expected to reach £68,760 in 2029, up from £42,435 in 2025. This may be a concern for investors who prefer a lower debt-to-equity ratio.

National Grid's shareholder's equity is expected to reach £53,585 in 2029, up from £37,682 in 2025. This suggests that the company's equity is increasing, which is a positive sign for investors.

National Grid has a long history of paying dividends to its shareholders, with the first dividend payment recorded in 2007 at 0.29 GBP. The company has consistently paid dividends every year since then.

The dividend yield, which is the ratio of the annual dividend payment to the stock's current price, has varied over the years. In 2012, the dividend yield was as high as 6.23%, making it an attractive investment opportunity for income-seeking investors.

National Grid's dividend payments have increased over time, with the highest dividend payment recorded in 2010 at 7.81 USD.

National Grid has a long history of paying dividends, with a dividend calendar that stretches back to 2007. The company has consistently paid out dividends to its shareholders over the years.

In 2007, National Grid plc paid a dividend of 0.29 GBP per share, with a yield of 3.63%. This was the lowest dividend paid by the company in the past decade. In contrast, the highest dividend paid by National Grid plc was 0.43 GBP per share in 2012, with a yield of 6.23%.

Here is a breakdown of National Grid's dividend payments over the years:

National Grid's dividend payments have been steadily increasing over the years, with a few exceptions. The company has also maintained a relatively high dividend yield, with a peak of 14.68% in 2010.

National Grid Transco has been listed on the stock market for 20 years, and its stock price has fluctuated significantly over that period. The all-time high stock closing price was 72.14 on May 16, 2024.

The 52-week high stock price is 73.40, which is 24.1% above the current share price. The 52-week low stock price is 55.13, which is 6.8% below the current share price.

The average stock price for the last 52 weeks is 64.75. This indicates that the stock price has been relatively stable over the past year.

Here's a summary of National Grid Transco's historical annual stock price data for the past 20 years: