Avangrid, Inc. is a sustainable energy company in the U.S.. Co. operates in approximately 24 states with two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving approximately 3.3 million customers in New York and New England. Avangrid Renewables owns and operates 9.3 gigawatts of electricity capacity, primarily through wind and solar power, with a presence in 22 states across the U.S.. Co. operates through two segments: Networks and Renewables. We show 35 historical shares outstanding datapoints in our AGR shares outstanding history coverage, used to compute AGR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AGR market cap history over the course of time is important for investors
interested in comparing AGR's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AGR versus a peer is one thing; comparing
AGR market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AGR can fluctuate over the course of history.
With this page we aim to empower investors researching AGR by allowing them to research the AGR market cap history. |
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Video: The Importance of Market Cap
