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 $72.71, down 0.15% from the previous day, and has increased 29.49% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.08 percentage points. National Grid stock is currently +30.66% from its 52-week low of $55.65, and -2.82% from its 52-week high of $74.82.
There are currently 5.13B shares of NGG outstanding. The market cap of NGG is $74.64B. In the last 24 hours, 671,000 NGG shares were traded.
How to Buy National Grid Stock
Not sure how to invest in National Grid stock? Here's how.
- Choose where to buy National Grid stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide 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: Pick your payment method 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 market analysis website can help you understand 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 purchase NGG shares at a given price.
- Get updates on your NGG position: Create a watchlist to get live updates on your position in National Grid shares.
Step 1: Choose where to buy National Grid stock
You will need an online brokerage account 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 your brokerage, it's time to fill out some personal information so you can buy NGG today.
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Step 3: Deposit money your brokerage account
Now that you've created your account on the best stock market app, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing money into your brokerage account.
Step 4: Analyze National Grid stock
Once you have decided on the best place to buy National Grid stock, it's very important to analyze their stock before you invest, so you actually understand the risk and upside.
Overview of key NGG info
NGG Due Diligence Score
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on NGG's stock page.
How is NGG stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge NGG's true value.
Using relative valuations measures:
- NGG could be undervalued based on its P/E ratio of 5.46x, relative to Utilities - Regulated Electric industry P/E ratio of 19.07x
- NGG may be undervalued based on its P/B ratio of 1.46x, relative to Utilities - Regulated Electric industry P/B ratio of 1.84x
You can access additional valuation analysis on NGG's stock here.
NGG Financials at a glance
Pros:
- Total NGG debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the NGG balance sheet.
- NGG profit margin has gone up from 11.5% to 36% in the past year.
- NGG has cash burn of 2629729729. It has sufficient cash and short-term investments to cover this for at least one year.
- NGG has $9.37B in cash and short term investments. This is enough to cover its annual cash burn of $2.63B.
Cons:
- NGG has a relatively high debt to equity ratio of 1.82.
- 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.
NGG Trading Indicators
NGG Growth Numbers
Last year, NGG earnings were $10.54B. Over the past five year, NGG's earnings have grown by 41.88% per year. This was faster than the Utilities - Regulated Electric industry average of 12.87%.
Last year, NGG revenue was $29.27B. In the past five year, NGG's revenue has grown by 9.67% per year. This was faster than the Utilities - Regulated Electric industry average of 4.51%.
Dive into NGG's earnings and revenue performance here.
Are NGG executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at NGG have not bought or sold any shares.
Dig into more about who owns NGG shares here.
Can I rely on NGG as an income stream?
National Grid pays a dividend of 4.23%, compared to the Utilities - Regulated Electric industry's average dividend yield of 2.95%. If you owned $1,000 worth of NGG stock, you would have received $42.29 in the past year.
National Grid dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about National Grid dividend yield and history here.
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Step 5: Make your NGG buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Hit the Open button and your broker will execute your order.
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Step 6: Get updates on your NGG position
Now that you own some NGG shares, you'll want to keep up with your new investment.
Put NGG on a watchlist to see the latest developments about your NGG stock.
NGG Feed
How to Buy Stock in National Grid
To summarize, here are the 6 steps you need to take to buy National Grid stock right now:
- 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 require a brokerage account, eToro is our favorite option.
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