How to Buy National Grid Stock
National Grid PLC
National Grid is a regulated electric utility company located in United Kingdom, which is part of the Utilities sector, and is traded under the ticker NGG on the NYSE exchange.
National Grid stock last closed at $64.59, up 1.68% from the previous day, and has decreased 7.02% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.06 percentage points. National Grid stock is currently +14.51% from its 52-week low of $56.41, and -13.28% from its 52-week high of $74.48.
There are currently 3.93B shares of NGG outstanding. The market capitalization of NGG is $50.77B. In the last 24 hours, 286,462 NGG shares were traded.
How to Buy National Grid Stock
Wondering how to invest in National Grid stock? Here's how.
- Choose where to buy National Grid stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy National Grid stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your method of payment and add your information.
- Analyze National Grid stock: The National Grid ticker symbol is NGG. Is National Grid stock a good investment? Should you buy shares of NGG? How do NGG's underlying business fundamentals look? Do top analysts think National Grid is a good buy? Why has NGG's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if NGG is a good stock to buy).
- Make your NGG buy order: Decide if you will purchase NGG shares at the current market price or use a limit order to buy NGG stock at a particular price.
- Get updates on your NGG position: Create a watchlist to watch your investment in National Grid shares.
Step 1: Choose where to buy National Grid stock
You will need an online brokerage account in order to access the NYSE market and buy NGG stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy NGG today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on apps for stock market, you can securely and quickly fund your account:
Watch the tutorial below to see the process of depositing money into your investment account.
Step 4: Analyze National Grid stock
Once you have chosen the best place to buy National Grid stock, it's absolutely critical to research their stock before you buy, so you can comprehend the risk and upside.
Overview of key NGG info
National Grid Zen Score
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on NGG's stock page.
What is the fair value of NGG stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NGG's fair value.
Using relative valuations measures:
- NGG may be undervalued based on its P/E ratio of 4.91x, relative to Utilities - Regulated Electric industry P/E ratio of 15.93x
- NGG could be undervalued based on its P/B ratio of 1.39x, relative to Utilities - Regulated Electric industry P/B ratio of 1.58x
You can do additional valuation analysis on NGG's stock here.
NGG Financial Overview
Pros:
- NGG profit margin has gone up from 12.8% to 36% in the past year.
- NGG earnings of $12.68B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the NGG balance sheet.
Cons:
- NGG has a relatively high debt to equity ratio of 2.14.
- NGG's operating cash flow of $8.52B allows it to safely service it's debt of $53.07B.
- Total NGG debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the NGG balance sheet.
You can dive deeper into what analysts are forecasting on the National Grid stock forecast page.
Metrics for Advanced NGG Traders
NGG Performance Metrics
Last year, NGG earnings were $9.63B. During the last 5 year, NGG's earnings have increased by -2.33% per year. This was slower than the Utilities - Regulated Electric industry average of 2.62%.
Last year, NGG revenue was $26.74B. In the past 5 year, NGG's revenue has gone up by 4.47% per year. This was faster than the Utilities - Regulated Electric industry average of 4.05%.
Dig into NGG's earnings and revenue performance here.
Are NGG insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at NGG have not bought or sold any shares.
Research more about who owns NGG stock here.
Can I get consistent income from NGG stock?
National Grid pays a dividend of 5.47%, compared to the Utilities - Regulated Electric industry's average dividend yield of 4.1%. If you owned $1,000 of NGG stock, you would have been paid $54.74 last year.
National Grid dividend payments have not consistently grown over the past decade and have not remained stable.
Find more data about National Grid dividend yield and history here.
NGG Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your NGG buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you need more info about buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your NGG position
Now that you own some NGG shares, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to get notified of important updates regarding your NGG stock.
NGG Feed
How to Buy Stock in National Grid
To summarize, here are the 6 steps to buy stock in National Grid:
- Choose where to buy National Grid stock
- Create a brokerage account
- Deposit money your brokerage account
- Analyze National Grid stock
- Make your NGG buy order
- Get updates on your NGG position
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in National Grid, click below.
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