Anthony Marone - Avangrid President and Chief Executive Officer of Networks
| AGR Stock | USD 35.75 0.01 0.03% |
CEO
Mr. Anthony Marone, III serves as President and Chief Executive Officer of UIL., a Subsidiary of the Company. In this role, he has overall responsibility for Avangrid Networks electric and natural gas operating companies in Connecticut and Massachusetts and functional responsibility for AVANGRIDs regulatory and asset management planning. Mr. Marone also serves as President Connecticut and Massachusetts Operations of Networks. Previously Mr. Marone served as senior vice president of customer and business services of UIL since May 14, 2013. Mr. Marone served as senior vice president business services of UI and vice president of business services of UIL from November 16, 2010 to May 2013 since 2019.
| Age | 55 |
| Tenure | 5 years |
| Address | 180 Marsh Hill Road, Orange, CT, United States, 06477 |
| Phone | 207 629 1190 |
| Web | https://www.avangrid.com |
Avangrid Management Efficiency
The company has Return on Asset of 0.014 % which means that on every $100 spent on assets, it made $0.014 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0324 %, implying that it generated $0.0324 on every 100 dollars invested. Avangrid's management efficiency ratios could be used to measure how well Avangrid manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Avangrid's Return On Tangible Assets are relatively stable compared to the past year. As of 04/16/2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.02. At this time, Avangrid's Debt To Assets are relatively stable compared to the past year. As of 04/16/2024, Return On Assets is likely to grow to 0.02, while Other Assets are likely to drop slightly above 2.4 B.Similar Executives
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Management Performance
| Return On Equity | 0.0324 | ||||
| Return On Asset | 0.014 |
Avangrid Leadership Team
Elected by the shareholders, the Avangrid's board of directors comprises two types of representatives: Avangrid inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avangrid. The board's role is to monitor Avangrid's management team and ensure that shareholders' interests are well served. Avangrid's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avangrid's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Catherine Stempien, President, Chief Executive Officer of Networks | ||
| Teresa Herbert, Independent Director | ||
| Pedro Blzquez, CEO Director | ||
| Sheila Duncan, Senior Vice President – Human Resources & Corporate Administration | ||
| Frank Burkhartsmeyer, CEO of Renewables | ||
| Alfredo Canto, Senior Staff | ||
| Laura Beane, President and Chief Executive Officer of Renewables | ||
| Michael McClain, Chief Officer | ||
| Douglas Stuver, Chief Financial Officer, Principal Financial Officer and Senior Vice President | ||
| Elizabeth Timm, Independent Director | ||
| Carol Folt, Independent Director | ||
| Zsoka McDonald, Chief Sustainability Officer and Senior Vice President of Corporate Communications | ||
| Kimberly Harriman, Senior Communications | ||
| Sara Burns, President CEO of CMP | ||
| Santiago Garrido, Director | ||
| Jose Soto, LLC Renewables | ||
| Mark Lynch, President and CEO of NYSEG and RGE | ||
| Daniel Alcain, Senior Vice President Controller | ||
| Patricia Cosgel, Interim Chief Financial Officer, Vice President Investor and Shareholder Relations | ||
| Jose Armada, Director | ||
| German Avecilla, VP Officer | ||
| Alan Solomont, Independent Director | ||
| Peter Church, Senior Vice President - Human Resources and Corporate Administration | ||
| Ignacio Galan, Chairman of the Board | ||
| Sonsoles Reinoso, Director | ||
| Alejandro GarciaBellido, President and Chief Executive Officer of Renewables | ||
| Robert Duffy, Independent Director | ||
| Sy Oytan, Senior Vice President - Offshore Project Management, Deputy Chief Executive Officer - Vineyard Wind 1 | ||
| David Flanagan, Executive Chairman of CMP | ||
| Jose Rodriguez, Director | ||
| Alfredo Ayub, Independent Director | ||
| Daryl Gee, CEO of Gas | ||
| Azagra Blazquez, Director | ||
| Patricia Jacobs, Independent Director | ||
| Charlotte Ancel, Vice Relations | ||
| Justin Lagasse, Senior CFO | ||
| Douglas Herling, President and Chief Executive Officer of CMP | ||
| Felipe Hinojosa, Director | ||
| John Baldacci, Vice Chairman of the Board of Directors | ||
| Scott Mahoney, VP, General Counsel and Secretary | ||
| James Torgerson, CEO, Director and Member of Executive Committee | ||
| Alcain Lopez, Director | ||
| Anthony Marone, President and Chief Executive Officer of Networks | ||
| Nacho Arronte, Chief Risk Officer, Vice President | ||
| Bill White, Offshore President and Chief Executive Officer - Avangrid Renewables, LLC | ||
| Scott Tremble, Senior Vice President - Controller, Principal Accounting Officer | ||
| Kyra Patterson, Chief Human Resource Officer, Senior Vice President | ||
| Robert Kump, President, Interim Principal Executive Officer | ||
| Dennis Arriola, Chief Executive Officer, Director | ||
| Daniel Lopez, Director | ||
| Arnold Chase, Director | ||
| Jose Miranda, Onshore President and Chief Executive Officer - Avangrid Renewables | ||
| Franklyn Reynolds, President and Chief Executive Officer of UIL | ||
| Dave Labelle, Chief Administrative Officer | ||
| Ignacio Estella, Senior Vice President – Corporate Development | ||
| Pedro Blazquez, CEO Director | ||
| John Lahey, Independent Director | ||
| Alvaro Ortega, Vice President - Finance | ||
| John Prete, President and CEO of UIL | ||
| Richard Nicholas, CFO | ||
| Juan Liceaga, Director | ||
| R Mahoney, Senior Vice President, General Counsel, Corporate Secretary | ||
| Carl Taylor, President and Chief Executive Officer of NYSEG and RG&E | ||
| Alvaro Sebastian, Investor Finance |
Avangrid Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Avangrid a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0324 | ||||
| Return On Asset | 0.014 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 27.02 B | ||||
| Shares Outstanding | 386.77 M | ||||
| Shares Owned By Insiders | 81.60 % | ||||
| Shares Owned By Institutions | 13.71 % | ||||
| Number Of Shares Shorted | 3.4 M | ||||
| Price To Earning | 19.42 X |
Pair Trading with Avangrid
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avangrid position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avangrid will appreciate offsetting losses from the drop in the long position's value.Moving together with Avangrid Stock
| 0.88 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
| 0.8 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
| 0.84 | FE | FirstEnergy Sell-off Trend | PairCorr |
Moving against Avangrid Stock
| 0.83 | HE | Hawaiian Electric Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Avangrid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avangrid when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avangrid - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avangrid to buy it.
The correlation of Avangrid is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avangrid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avangrid moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avangrid can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avangrid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.Note that the Avangrid information on this page should be used as a complementary analysis to other Avangrid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Avangrid Stock analysis
When running Avangrid's price analysis, check to measure Avangrid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.
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Is Avangrid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avangrid. If investors know Avangrid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avangrid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.773 | Dividend Share 1.76 | Earnings Share 2.03 | Revenue Per Share 21.481 | Quarterly Revenue Growth 0.057 |
The market value of Avangrid is measured differently than its book value, which is the value of Avangrid that is recorded on the company's balance sheet. Investors also form their own opinion of Avangrid's value that differs from its market value or its book value, called intrinsic value, which is Avangrid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avangrid's market value can be influenced by many factors that don't directly affect Avangrid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avangrid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avangrid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avangrid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.