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 $73.00, down 0.05% from the previous day, and has increased 9.53% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.11 percentage points. National Grid stock is currently +32.41% from its 52-week low of $55.13, and -2.43% from its 52-week high of $74.82.
There are currently 3.97B shares of NGG outstanding. The market capitalization of NGG is $57.92B. In the last 24 hours, 951,907 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.
Our recommended brokerage: eToro
We believe that eToro is the best stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Tech to Real Estate, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
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 Due Diligence 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 18.84x, relative to Utilities - Regulated Electric industry P/E ratio of 21.31x
- NGG could be undervalued based on its P/B ratio of 1.55x, relative to Utilities - Regulated Electric industry P/B ratio of 1.92x
- NGG may be overvalued based on its PEG ratio of 1.46x
You can access additional valuation analysis on NGG's stock here.
NGG Financials at a glance
Cons:
- 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.
- NGG earnings of $6.04B is not sufficient to cover its interest payments.
- NGG profit margin has gone down from 36% to 11.5% in the past year.
- There are more short-term liabilities than short-term assets on the NGG balance sheet.
- NGG has a relatively high debt to equity ratio of 2.29.
- NGG's operating cash flow of $8.67B allows it to safely service it's debt of $58.84B.
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 $2.86B. Over the past five year, NGG's earnings have grown by 5.98% per year. This was slower than the Utilities - Regulated Electric industry average of 10.66%.
Last year, NGG revenue was $24.81B. In the past five year, NGG's revenue has grown by 5.03% per year. This was faster than the Utilities - Regulated Electric industry average of 3.69%.
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 1.4%, compared to the Utilities - Regulated Electric industry's average dividend yield of 2.86%. If you owned $1,000 worth of NGG stock, you would have received $13.97 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.
Get opinions from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
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.
If you need additional assistance investing in stocks on eToro, watch the how to video below:
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.
Get Started with eToro TodayIf you want to keep tabs on your new investment in National Grid, click the button below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.