Previous close | 1,245.50 |
Open | 1,222.50 |
Bid | 1,217.00 x 0 |
Ask | 1,218.00 x 0 |
Day's range | 1,217.50 - 1,243.44 |
52-week range | 880.60 - 1,243.44 |
Volume | |
Avg. volume | 7,558,902 |
Market cap | 44.056B |
Beta (5Y monthly) | 0.01 |
PE ratio (TTM) | 28.73 |
EPS (TTM) | 42.40 |
Earnings date | 10 Nov 2021 - 15 Nov 2021 |
Forward dividend & yield | 0.49 (4.05%) |
Ex-dividend date | 02 Dec 2021 |
1y target est | 1,139.31 |
National Grid has reported a sharp jump in profits as it cashes in on energy market turmoil.
The business plans to invest £24 billion in decarbonising energy grids.
National Grid, which runs Britain's energy systems and operates a gas franchise in New York City and Long Island, posted a 16% jump in underlying profit before tax from continuing operations to 3.06 billion pounds ($3.78 billion) for the year ended March 31. The company expects earnings for 2022/23 to be broadly flat on the reported figures and said it maintains its financial outlook over the five-year period to 2025/26. "The UK and U.S. communities we serve are facing significant cost-of-living challenges."