Core Viewpoint - National Grid (NGG) is positioned to benefit from strategic investments in infrastructure upgrades and expansion, making it an attractive investment opportunity in the utility electric power industry [1] Earnings Growth Forecast - The Zacks Consensus Estimate for NGG's fiscal 2026 earnings per share (EPS) has increased by 2.7% to $4.94 over the past 30 days [2] - The company's earnings growth rate over the next three to five years is projected at 2.3% [2] Dividend Yield - NGG has consistently increased shareholder value through dividends, with a current dividend yield of 5.73%, significantly higher than the S&P 500 Composite's 1.24% [3] Strategic Investments and Customer Demand - National Grid plans to invest nearly $69 billion (£60 billion) across its service territory in the UK and the US over the next five years [4] - The company anticipates increased demand from new customer connections, with 2.5 gigawatts (GW) of customer projects connected to the transmission network this year, including 1.6 GW from renewables [4] Liquidity Position - NGG's current ratio at the end of fiscal 2025 was 1.35, exceeding the industry's average of 0.93, indicating a strong ability to meet future short-term liabilities [5] Solvency - The times interest earned (TIE) ratio for NGG at the end of fiscal 2025 was 3, suggesting the company can comfortably meet its interest payment obligations in the near term [6] Commitment to Clean Energy - National Grid aims to achieve net-zero emissions by 2050 and is actively investing in large-scale renewable energy projects such as wind and solar in the US [7] Stock Price Performance - Over the past six months, NGG shares have increased by 15.3%, outperforming the industry's growth of 3.9% [9] Other Stocks to Consider - Other top-ranked stocks in the same industry include Evergy, Inc. (EVRG), NiSource Inc. (NI), and CenterPoint Energy (CNP), all holding a Zacks Rank 2 [10][11]
Here's Why You Must Add National Grid Stock to Your Portfolio Now