AGR Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of AGR, the DDM model generated by StockNews estimates a return of positive 69.31% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Avangrid Inc are:

• AGR generates about 6 billion US dollars in revenue annually; relative to its peers in the mid-sized revenue class, it has a dividend yield higher than 83.15%.
• In comparison to other stocks in the mid-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 86.29% of companies in the same revenue class.

AGR Dividends vs. Peers