最新ニュース National Grid (NYSE:NGG) 株価情報

National Grid

National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the UK, and the Grain (UK) liquefied natural gas facility.

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イギリスのリシ・スナック首相は、7月4日に行われる総選挙を公式に宣言しました。世論調査が正確であると最近の地方選挙が示しているように、この選挙では現在スナック首相の保守党に対する主要な野党である労働党が圧勝する可能性があります。

イギリス選挙に影響を受ける市場は？

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National Grid PLC

NATIONAL GRID PLC ORD by National Grid PLC

As of April 21, 2025, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">National Grid Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>)</h3>
<ul>
<li>On Nov. 20, 2024, National Grid named Steve Smith as Chief Strategy and Regulation Officer. "It's a privilege to be appointed to this role at the most exciting time for the energy sector in decades," said Steve Smith "The strategy and regulation teams already deliver outstanding work to ensure National Grid is set up for success and that we continue to put our customers first. I am very much looking forward to continuing to build on this, as I take up the role on a permanent basis." The company's stock jumped around 13% over the past month and has a 52-week high of $73.40.</li>
<li>RSI Value: 70.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>NGG Price Action: Shares of National Grid gained 0.9% to close at $72.11 on Thursday.</li>
<li>Edge Stock Ratings: 81.39 Momentum score with Value at 61.01. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/quote/ngg"><img loading="lazy" decoding="async" width="498" height="193" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/21024550/image-31.png" alt="" class="wp-image-879013" style="width:436px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/21024550/image-31.png 498w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/21024550/image-31-300x116.png 300w" sizes="(max-width: 498px) 100vw, 498px" /></a></figure>
<h3 class="wp-block-heading">Korea Electric Power Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEP#NYSE">KEP</a>)</h3>
<ul>
<li>The company's stock gained around 14% over the past month and <a href="https://www.benzinga.com/quote/KEP">has a 52-week high</a> of $9.42.</li>
<li>RSI Value: 71.9</li>
<li>KEP Price Action: Shares of Korea Electric Power fell 0.1% to close at $8.58 on Thursday.</li>
</ul>
How do other stocks rank? Get the full <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">BZ Edge Rankings breakdown here</a>. 
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Top 2 Utilities Stocks That May Collapse This Month

WIIM

GYRO

Shares of REITs and utilities stocks are trading lower amid a rise in Treasury yields, which could drive a rotation out of income-paying stocks.

U.S. stocks were lower, with the Dow Jones index falling over 1,200 points on Thursday.
Shares of Lamb Weston Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>) rose sharply during Thursday's session after the company reported better-than-expected third-quarter financial results and issued FY25 sales guidance <a href="https://www.benzinga.com/quote/LW/earnings">above estimates</a>.
Lamb Weston reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of 87 cents per share. The company reported quarterly sales of $1.52 billion which beat the analyst consensus estimate of $1.49 billion.
Lamb Weston shares jumped 10% to $59.52 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>The Goodyear Tire &amp; Rubber Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GT#NASDAQ">GT</a>) shares jumped 12.5% to $10.25.</li>
<li>Northern Dynasty Minerals Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAK#NYSE">NAK</a>) gained 12% to $1.0250.</li>
<li>Skyline Builders Group Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKBL#NASDAQ">SKBL</a>) shares rose 7.1% to $11.10.</li>
<li>National Grid plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>) shares rose 6.5% to $70.08.</li>
<li>SBA Communications Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBAC#NASDAQ">SBAC</a>) shares gained 6.1% to $232.69.</li>
<li>Anbio Biotechnology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNNN#NASDAQ">NNNN</a>) rose 5.6% to $7.39.</li>
<li>The Kroger Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) climbed 4.7% to $70.44.</li>
<li>American Tower Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMT#NYSE">AMT</a>) shares rose 4.4% to $227.53.</li>
<li>Valneva SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VALN#NASDAQ">VALN</a>) gained 4.2% to $7.29.</li>
<li>Fresenius Medical Care AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMS#NYSE">FMS</a>) rose 4.2% to $25.76.</li>
<li>McKesson Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCK#NYSE">MCK</a>) gained 4% to $721.00. McKesson, on Wednesday, completed acquisition of PRISM Vision Holdings, LLC.</li>
<li>Sanofi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) rose 3% to $55.59 as the FDA granted Orphan Drug Status to the company's Rilzabrutinib for two rare autoimmune diseases with high unmet needs.</li>
</ul>
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VALN

Lamb Weston Posts Better-Than-Expected Results, Joins Sanofi And Other Big Stocks Moving Higher On Thursday

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">National Grid plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>)</h3>
<ul>
<li>On Nov. 20, National Grid named Steve Smith as Chief Strategy and Regulation Officer. &#8220;It&#8217;s a privilege to be appointed to this role at the most exciting time for the energy sector in decades,&#8221; said Steve Smith &#8220;The strategy and regulation teams already deliver outstanding work to ensure National Grid is set up for success and that we continue to put our customers first. I am very much looking forward to continuing to build on this, as I take up the role on a permanent basis.&#8221; The company's stock fell around 6% over the past month and has a <a href="https://www.benzinga.com/quote/NGG">52-week low of $55.13</a>.</li>
<li>RSI Value: 24&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>NGG Price Action: Shares of National Grid fell 0.3% to close at $58.86 on Tuesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1">latest NGG news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="913" height="842" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084059/image-204.png" alt="" class="wp-image-707637" style="width:520px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084059/image-204.png 913w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084059/image-204-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084059/image-204-768x708.png 768w" sizes="(max-width: 913px) 100vw, 913px" /></a></figure>
<h3 class="wp-block-heading">American Electric Power Company Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Dec. 12, JP Morgan analyst Jeremy Tonet downgraded American Electric Power from Overweight to Neutral and lowered the price target from $109 to $102. The company's stock fell around 7% over the past month and <a href="https://www.benzinga.com/quote/AEP">has a 52-week low</a> of $75.22.</li>
<li>RSI Value: 29</li>
<li>AEP Price Action: Shares of American Electric Power fell 0.5% to close at $92.37 on Tuesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1">AEP stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="921" height="847" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084230/image-205.png" alt="" class="wp-image-707638" style="width:585px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084230/image-205.png 921w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084230/image-205-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084230/image-205-768x706.png 768w" sizes="(max-width: 921px) 100vw, 921px" /></a></figure>
NextEra Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>)
<ul>
<li>On Dec. 12, Scotiabank analyst Andrew Weisel maintained NextEra Energy with a Sector Outperform and raised the price target from $92 to $96. The company's stock fell around 6% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/NEE">low of $53.95</a>.</li>
<li>RSI Value: 27</li>
<li>NEE Price Action: Shares of NextEra Energy gained 0.6% to close at $72.91 on Tuesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1">breakout in NEE shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="872" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084658/image-206.png" alt="" class="wp-image-707645" style="width:674px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084658/image-206.png 872w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084658/image-206-300x288.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26084658/image-206-768x737.png 768w" sizes="(max-width: 872px) 100vw, 872px" /></a></figure>
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</ul>

Long Ideas

Top 3 Utilities Stocks You'll Regret Missing In December

National Grid (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>) reported quarterly earnings of $0.36 per share. This is a 20 percent increase over earnings of $0.30 per share from the same period last year. The company reported $10.20 billion in sales this quarter. This is a 4.56 percent decrease over sales of $10.69 billion the same period last year.

Earnings

National Grid H1 Adj $0.36 Up From $0.30 YoY, Sales $10.20B Down From $10.69B YoY

National Grid Transco shares are trading lower after Citigroup downgraded the stock from Buy to Neutral.

Citigroup analyst Jenny Ping downgrades National Grid (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>) from Buy to Neutral.

Downgrades

Analyst Ratings

Citigroup Downgrades National Grid to Neutral

National Grid Renewables is pleased to announce the execution of a power purchase agreement (PPA) with Microsoft for its Portage Solar Project, a 250-megawatt (MW) development located in Portage County, Wisconsin.
"It's exciting to see business development and economic growth in our neighboring state of Wisconsin," said Blake Nixon, President of National Grid Renewables. "Through our contract with Microsoft, we are providing Wisconsin residents direct and indirect revenue streams from Portage Solar. The project will not only benefit the local communities through the production of new tax revenue and job creation, but it also contributes a clean, sustainable energy solution for years to come."

MSFT

National Grid Renewables Signs Power Purchase Agreement with Microsoft For Its Portage Solar Project, A 250-Megawatt Development Located In Portage County, Wisconsin

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">National Grid plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>)</h3>
<ul>
<li>On May 23, National Grid reported an equity raise of £7 billion and a year-over-year decrease in full-year revenue results. John Pettigrew, Chief Executive, said, "Alongside our new five-year financial framework, we are also today further evolving our strategy to focus on networks and will therefore be streamlining our business as we announce our intention to sell Grain LNG, our UK LNG asset, and National Grid Renewables, our US onshore renewables business." The company's stock fell around 22% over the past month and has a <a href="https://www.benzinga.com/quote/NGG">52-week low of $55.13</a>.</li>
<li>RSI Value: 28.78</li>
<li>NGG Price Action: Shares of National Grid fell 1.8% to close at $55.50 on Tuesday.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061224&amp;t=be2bearmibe3na1">Benzinga Pro's real-time newsfeed</a> alerted to latest National Grid&#8217;s news.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="682" height="733" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/12042512/Screenshot-2024-06-12-at-1.55.06-PM.png" alt="" class="wp-image-383783" style="width:433px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/12042512/Screenshot-2024-06-12-at-1.55.06-PM.png 682w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/12042512/Screenshot-2024-06-12-at-1.55.06-PM-279x300.png 279w" sizes="(max-width: 682px) 100vw, 682px" /></a></figure>
<h3 class="wp-block-heading">Pure Cycle Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCYO#NASDAQ">PCYO</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On April 10, Pure Cycle posted an increase in quarterly sales. &#8220;Due to the continued success of our Sky Ranch Master Planned community, we have three phases of lot development now under construction accelerating the timing of delivering our lots to our home builder customers as well as lots for our single-family rental segment. As we complete final landscaping in Phase 2A, lot production through our seasonally slow winter months will see accelerated deliveries in the remaining half of our fiscal year with completion of approximately 211 lots in Phase 2B and substantial progress on our overlapping production of 228 lots in Phase 2C&#8221; commented Mark Harding, CEO of Pure Cycle. The company's stock fell around 4% over the past month. It <a href="https://www.benzinga.com/quote/PCYO">has a 52-week low</a> of $9.00.</li>
<li>RSI Value: 21.49</li>
<li>PCYO Price Action: Shares of Pure Cycle rose 0.9% to close at $9.23 on Tuesday.</li>
<li>Benzinga Pro's charting tool helped identify the <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061224&amp;t=be2bearmibe3na1">trend in Pure Cycle's stock</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="686" height="747" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/12042722/Screenshot-2024-06-12-at-1.57.17-PM.png" alt="" class="wp-image-383785" style="width:490px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/12042722/Screenshot-2024-06-12-at-1.57.17-PM.png 686w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/12042722/Screenshot-2024-06-12-at-1.57.17-PM-276x300.png 276w" sizes="(max-width: 686px) 100vw, 686px" /></a></figure>
Also Check This Out: <a href="https://www.benzinga.com/markets/equities/24/06/39285318/s-p-500-nasdaq-hit-record-highs-as-apple-shares-surge-fear-and-greed-index-shows-progress-amid-i">S&amp;P 500, Nasdaq Hit Record Highs As Apple Shares Surge: Fear And Greed Index Shows Progress Amid Improving Market Sentiment</a>

PCYO

Top 2 Utilities Stocks That May Rocket Higher In June

Citigroup analyst Jenny Ping upgrades National Grid (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>) from Neutral to Buy.

Upgrades

Citigroup Upgrades National Grid to Buy

UK Prime Minister Rishi Sunak has called a general election <a href="https://www.benzinga.com/general/politics/24/05/38972328/uk-to-hold-snap-election-on-july-4-rishi-sunak-announces-surprising-decision">to be held on July 4.</a> If the polls are correct and recent council elections are anything to go by, the election could deliver a landslide victory to the Labour Party, currently the main opposition against Sunak&#8217;s Conservative Party.
How Does The UK Election System Work?
Unlike the college votes system in the U.S., the UK operates a more simple version of the first-past-the-post system.
The UK is politically divided into 650 constituencies, each represented by a member of parliament (MP) in Westminster, London.
On polling day, each person casts a single vote for one candidate on the ballot card. The candidate with the most votes wins that constituency. The political party that wins the most constituencies becomes the new ruling party, and its leader is sworn in by the King as prime minister.
Why Has An Election Been Called Now?
It&#8217;s a constitutional obligation to hold a general election in the U.K. every five years. Sunak could have waited until December to call the election for January 2025, but &#8211; in a surprise announcement on May 22 &#8211; he set the date for July 4.
Why didn&#8217;t he wait? He likely considered the benefits of hanging around were too few. The Conservatives have held power since David Cameron led the party to victory in the 2010 general election. Things were looking pretty stable for a while &#8211; there was cohesion in the party, the economy was on the up and the Conservative &#8211; and Cameron&#8217;s &#8211; mandate was renewed at the 2015 election.
However, a string of devisive events, including the Brexit referendum in 2016, the Conservative party&#8217;s difficulties in adopting Brexit-related policies and new trade terms, and the mishandling of the COVID-19 crisis, have resulted in the resignation of four prime ministers over the past six years.
And Sunak&#8217;s own position has been built on a less-than-stable foundation since he took the helm following Liz Truss&#8216; record short tenure as PM. The Conservative Party leadership has lost the trust of many of its MPs, with several now declaring they will not contest their seats on July 4.
He&#8217;s now throwing the dice, gambling that the Labour Party and its leader Keir Starmer are unprepared for a snap election.
What Happens In The Coming Weeks?
As the Electoral Commission springs into action to get polling cards sent to all registered voters and prepare voting locations and official vote counters, the political parties are putting the final details to their election manifestos.
In recent days Sunak&#8217;s team has unveiled its list of priority policies, including bringing back national service, reducing public health waiting lists and reduced taxation and spending &#8211; all aimed at its key 60+ demographic.
Starmer has hit the campaign trail with pledges to reform the health service, grow the economy and tighten up on border security. On taxation, Labour plans to crack down on tax-avoiders, but plans no rises in corporation or personal taxes.
Among the main differentiating factors is environmental&nbsp;policy. The Conservative Party has, over the past several months, backtracked on some of its environmental commitments.
Labour, however, remains committed to its green pledges, including clean power by 2030, the establishment of a new publicly-owned energy company and to increase windfall taxes on oil and gas producers.
Also Read: <a href="https://www.benzinga.com/news/24/05/38753595/uks-economy-exits-recession-with-0-6-gdp-growth-el-erian-calls-for-sustainable-growth">UK&#8217;s Economy Exits Recession With 0.6% GDP Growth: El-Erian Calls For Sustainable Growth</a>
How Have Markets Reacted?
And it&#8217;s these green energy pledges that have had the biggest impact on UK markets in the past few sessions.
Shares in National Grid Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>), the UK energy distribution giant, have fallen 15% in two days after announcing a £7 billion ($8.94 billion) rights issue to help fund its green investment up to March 2029.
Meanwhile, fears that Labour could wholly or partially re-nationalize swathes of the utilities sector following its announcement of plans to create a new publicly-owned energy company sent shivers through water and energy stocks.
&#8220;Overall, we see most risk at the water companies, where we expect most rhetoric and a key political battle ground ahead of next election,&#8221; said Citi analysts in a note last week.
Water companies United Utilities (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UUGRY#OTC">UUGRY</a>) and Severn Trent (OTC:<a class="ticker" href="https://www.benzinga.com/stock/STRNY#OTC">STRNY</a>) were down 7.9% and 7% respectively last week.
Since the May 22 announcement, the FTSE 100 index is down nearly 1%.
Among the U.S. stocks exposed to UK risk is Walgreens Boots Alliance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>), whose shares have fallen 13% over the past week.
Boots is one of the biggest high street retailers in the UK and, although no specific policies have been announced that might affect the stock, investors appear cautious.
Since the announcement, the yield on the benchmark 10-year Gilt has risen 127 basis points, pushing prices lower, over concerns of increased government borrowing under a potential new Labour government.
Now Read: <a href="https://www.benzinga.com/markets/equities/24/05/39040957/us-home-prices-hit-all-time-highs-fastest-growth-rate-in-a-year-weve-witnessed-records-repeatedl">US Home Prices Hit All-Time Highs, Fastest Growth Rate In A Year: &#8216;We&#8217;ve Witnessed Records Repeatedly Break&#8217;</a>
Photo: Unsplash

UK Election: How It Works And Which Markets Could Be Affected

These&nbsp;10&nbsp;large-cap stocks were the worst performers last week. Are they in your portfolio?
<ol>
<li>National Grid Transco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>) decreased 17.1% after the company reported an equity raise of £7 billion and a year-over-year <a href="https://www.benzinga.com//node/38991860" target="_blank" rel="noreferrer noopener">decrease in full-year revenue results</a>. </li>
<li>James Hardie Industries Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHX#NYSE">JHX</a>) shares declined 14.4% after the company reported <a href="https://www.benzinga.com//node/38929144" target="_blank" rel="noreferrer noopener">worse-than-expected Q4 financial results</a>.</li>
<li>KE Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>) shares lost 14% in the last week after the company <a href="https://www.benzinga.com//node/38981059" target="_blank" rel="noreferrer noopener">reported Q1 financial results</a>.</li>
<li>JD.Com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) stock tumbled 13.70% after the company announced interim Q1 results and proposed an offering <a href="https://www.benzinga.com//node/38944001" target="_blank" rel="noreferrer noopener">of $1.5 billion convertible senior notes</a>.</li>
<li>XP Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) shares dived 13.3% after the company reported <a href="https://www.benzinga.com//node/38950599" target="_blank" rel="noreferrer noopener">worse-than-expected Q1 EPS results</a>.</li>
<li>Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) stock decreased 12.3%  following mixed Q2 earnings and soft Q3 revenue guidance, and several <a href="https://www.benzinga.com//node/38966867" target="_blank" rel="noreferrer noopener">analysts slashed their forecasts</a>. </li>
<li>BeiGene, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGNE#NASDAQ">BGNE</a>) shares were down 11.6%.</li>
<li>Lululemon Athletica Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NYSE">LULU</a>) shares lost 11.3% in the last week following the <a href="https://www.benzinga.com//node/38962335">announcement of chief product officer</a> Sun Choe resigning from his role. The company said it plans to implement organizational changes.</li>
<li>Walgreens Boots Alliance, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) stock dropped 10.80% following the <a href="https://www.benzinga.com//node/38975615">disclosure of its sale</a> of Cencora, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COR#NYSE">COR</a>) shares for $400 million and reduced its ownership stake from 13% to 12%.</li>
<li>Li Auto Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) shares tumbled 10.40% after the company reported <a href="https://www.benzinga.com//node/38915754">worse-than-expected Q1 results</a> on Monday and issued Q2 outlook.</li>
</ol>
Also Read: <a href="https://www.benzinga.com/news/large-cap/24/05/39022913/moderna-was-among-the-best-performing-large-cap-stocks-last-week-may-20-may-26-2024-are-they-in-yo">Moderna Was Among The Best Performing Large-Cap Stocks Last Week: Are They In Your Portfolio?</a>
Image: Pedro Alvarez from Pixabay

Equities

Large Cap

BEKE

BGNE

LULU

MSTR

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Lululemon Athletica Was Among The Worst-Performing Stocks Last Week (May 19-May 26, 2024): Are These 10 Large-Cap Stock Losers In Your Portfolio?

National Grid plc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>) shares are trading lower after the company reported an equity raise of&nbsp;£7 billion and a year-over-year decrease in full-year revenue&nbsp;<a target="_blank" href="https://otp.tools.investis.com/clients/uk/national_grid2/rns/regulatory-story.aspx?cid=374&amp;newsid=1823644" rel="noreferrer noopener">results</a>.&nbsp;
In its 2023/24 full-year, adjusted EPS increased 32%&nbsp;year over year&nbsp;to £0.84, and gross revenue declined 8%&nbsp;year over year&nbsp;to £19.850 billion.
Underlying operating profit rose 4% Y/Y to&nbsp;£4.8 billion&nbsp;(+6% Y/Y at constant currency), aided by growth in revenues in&nbsp;UK&nbsp;Electricity Transmission through the RIIO-T2 price control, non-recurrence of Western Link liquidated damages, and higher rates in&nbsp;New York&nbsp;and New England.
Dividend: The company disclosed a final dividend of&nbsp;39.12 pence, bringing the full-year dividend to&nbsp;58.52 pence, up&nbsp;5.55%&nbsp;and in line with policy.
Outlook: For 2024/25, the company expects underlying EPS to be broadly in line with 2023/24 EPS once this has&nbsp;been adjusted&nbsp;by the number of bonus shares&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">issued as part of the rights issue</a>.
Investment: The company plans to invest&nbsp;£60 billion (around $75 billion) in the U.S. and U.K. over the next five&nbsp;<a target="_blank" href="https://otp.tools.investis.com/clients/uk/national_grid2/rns/regulatory-story.aspx?cid=374&amp;newsid=1823644" rel="noreferrer noopener">years</a>.
In New York, National Grid is investing around $21 billion between now and 2029, <a href="https://www.benzinga.com//node/38981778">per the company&#8217;s statement.</a>
The investment&nbsp;is expected&nbsp;to deliver annual group asset growth of around 10%,&nbsp;and 6%-8% underlying EPS CAGR from a 2024/25 baseline to 2028/29, assuming an exchange rate of £1:$1.25.&nbsp;&nbsp;
This&nbsp;is projected&nbsp;to be led by a comprehensive financing plan that includes a&nbsp;£7 billion&nbsp;equity raise.
John Pettigrew, Chief Executive, said, &#8220;Alongside our new five-year financial framework, we are also today further evolving our strategy to focus on networks and will therefore be streamlining our business as we announce our intention to sell Grain LNG, our&nbsp;UK&nbsp;LNG asset, and National Grid Renewables, our US onshore renewables business.&#8221;
Investors can gain exposure to the stock via&nbsp;Invesco International&nbsp;Dividend Achievers ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PID#NASDAQ">PID</a>) and&nbsp;Trust For&nbsp;Professional Managers ActivePassive International Equity ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APIE#NYSE">APIE</a>).
Price Action: NGG shares are down 14.11% at $61.83 at the last check Thursday.
Photo via Midjourney

Guidance

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PowerShares ETF Trust International Dividend Achievers Portfolio

Why UK's National Grid Shares Are Diving Today

National Grid shares are trading lower after the company reported a year-over-year decrease in FY24 revenue results. The company plans to invest an estimated $75 billion in the US and UK over the next five years.

National Grid Transco Expects EPS CAGR 6%-8% From 2024/25 Baseline Through 2028/29 Assuming Exchange Rate Of  £1:$1.25

National Grid Transco Expects 2024/25 Underlying EPS Broadly In Line With 2023/24 EPS One This Has Been Adjusted By Number Of Bonus Shares Issued As Part Of Rights Issue

National Grid Transco FY24 Adj. EPS £0.84 Up From £0.638 YoY; Revenue £19.850M Down From £21.69M YoY

General

National Grid shares are trading lower. The company announced it plans to invest an estimated $75 billion in the US and UK over the next five years.

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 150 points on Thursday.
Shares of V.F. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) fell sharply in today's pre-market trading following worse-than-expected <a href="https://www.benzinga.com/news/earnings/24/05/38974358/vans-the-north-face-parent-v-f-corporation-shares-drop-after-worse-than-expected-q4-results">fourth-quarter financial results.</a>
VF Corp. reported quarterly losses of 32 cents per share which missed the analyst consensus estimate of earnings of 1 cent per share. Quarterly sales came in at $2.37 billion which missed the analyst consensus estimate of $2.41 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
The company appointed Paul Vogel as CFO, effective July 8, 2024.
V.F. Corporation shares tumbled 15.2% to $10.46 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>Cytokinetics, Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYTK#NASDAQ">CYTK</a>) shares dipped 14.7% to $50.55 in pre-market trading. Cytokinetics priced its public offering of 9,803,922 common stock at $51 per share.</li>
<li>Solowin Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWIN#NASDAQ">SWIN</a>) shares fell 8.7% to $36.01 in pre-market trading after gaining around 5% on Wednesday.</li>
<li>National Grid plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>) shares fell 8.3% to $66.05 in pre-market trading.</li>
<li>Live Nation Entertainment, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) shares declined 6.3% to $95.01 in pre-market trading. The U.S. Department of Justice will announce antitrust action against Live Nation as soon as Thursday, according to Washington Post.</li>
<li>GLOBALFOUNDRIES Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) shares fell 6.3% to $51.75 in pre-market trading. GlobalFoundries announced pricing of $950 million secondary offering of ordinary shares, including concurrent $200 million share repurchase.</li>
<li>Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) shares fell 5.8% to $16.00 in pre-market trading after the company announced a private offering of $250 million green convertible senior notes due 2029 to qualified institutional buyers.</li>
<li>NetEase, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) shares fell 4.6% to $93.85 in pre-market trading after the company reported worse-than-expected first-quarter revenue.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/05/38978558/bjs-wholesale-club-likely-to-report-lower-q1-earnings-here-are-the-recent-forecast-changes-from-wal">BJ&#8217;s Wholesale Club Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a>
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>

CYTK

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VF Corp Posts Weak Q4 Results, Joins NetEase, Cytokinetics And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Exane BNP Paribas analyst Harry Wyburd upgrades National Grid (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGG#NYSE">NGG</a>) from Underperform to Outperform.

Exane BNP Paribas Upgrades National Grid to Outperform

Commodities

Press Releases

National Grid Opens Applications for DEI Engineering Scholarship and Internship Program

National Grid Commits to Investing $35 Billion in New York & Massachusetts to Meet Decarbonization Goals and Build a Stronger, Cleaner Grid

Fourth Annual National Grid Project C Week of Service Celebrates Company's Commitment to Its Communities

National Grid appoints Steve Smith as Chief Strategy and Regulation Officer

National Grid and National Grid Foundation Add $1.4 Million to Heating Assistance Funds

Amperon Secures Strategic Investment from National Grid Partners to Accelerate AI-powered Energy Forecasting Solutions

Ameren

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CenterPoint Energy, Inc (Holding Co) Common Stock

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イギリスのリシ・スナック首相は、7月4日に行われる総選挙を公式に<a href="https://www.benzinga.com/general/politics/24/05/38972328/uk-to-hold-snap-election-on-july-4-rishi-sunak-announces-surprising-decision">宣言しました</a>。世論調査が正確であると最近の地方選挙が示しているように、この選挙では現在スナック首相の保守党に対する主要な野党である労働党が圧勝する可能性があります。
イギリスの選挙制度はどのように機能しているのか？
アメリカの大統領選挙で行われる選挙人投票制度とは異なり、イギリスはより簡単な比較多数制度を採用しています。
イギリスは650の選挙区に分割されており、それぞれの選挙区にはロンドンのウェストミンスターにいる議員（MP）が代表しています。
投票日において、各個人は投票用紙に記載されている候補者の中から1人にだけ投票します。最も多くの投票を獲得した候補者がその選挙区を制します。最も多くの選挙区を制した政党が新政権となり、その党首が首相として任命されます。
なぜ総選挙が今行われることになったのか
イギリスでは5年ごとに総選挙を実施するという憲法上の義務があります。スナック首相は2025年1月の総選挙を実施するために12月まで待つことができましたが、彼は5月22日に7月4日に総選挙を実施することを発表しました。
なぜ彼が待たなかったのか？ 彼はおそらくそのことについてあまりメリットを感じなかったと考えられます。2010年の総選挙で保守党が勝利した以降、保守党は政権を維持し続けてきました。当初は党内の結束が取れており、経済も上向きに推移していたし、2015年の総選挙で保守党は多数を獲得できました。
しかし、2016年のEU離脱国民投票、保守党のEU離脱関連政策や新しい貿易条件の採択に対する困難、またCOVID-19危機の対応における失敗など、過去6年間で4人の首相が辞任するという状況が生じました。
スナック首相自身も、首相を兼任する前のリズ・トラス首相の記録短期間在任中に、彼自身の地位は不安定なものとなりました。保守党の指導部は多くの議員の信頼を失っており、7月4日に投票権を行使しないと宣言した議員も複数名存在します。
スナック首相は今、労働党とその党首キア・スターマーが、総選挙を突然実施されることに備えていないという賭けに出ています。
今後数週間で何が起こるか
選挙管理委員会が、登録された全有権者に投票用紙を送付し、投票場所および公式の投票用紙カウンターを準備するために動き出している一方で、政党は選挙政綱の最終的な詳細を整備しています。
最近になってスナック首相のチームが公開している優先政策リストには、国家公共勤務（国家役務従事）の復活、公共医療待機リストの削減、およびその大半を目指している60歳以上のデモグラフィックを対象とした減税および支出削減が含まれています。
スターマーは、医療サービスの改革、経済の成長、国境セキュリティの強化を約束しながら選挙活動の一環としてキャンペーンを行っています。税制については、労働党は節税回避者を取り締まることを計画しており、法人税および個人所得税については上昇を見込んでいません。
最大の相違点の一つは環境政策であり、保守党はこの数か月でいくつかの環境に関する約束を撤回しています。
一方で労働党は、2030年までにクリーンエネルギーを導入し、新たな国有のエネルギー会社を設立し、そして石油およびガス生産者に対する臨時税を増税するという環境に関する約束を守り続けています。
過去数セッションで、これらの緑のエネルギー約束がイギリスの株式市場に最も大きな影響を与えたこともあり、保守党の株価は最近急落しています。
イギリスの大手エネルギー流通会社であるNational Grid Plc（NYSE：NGG）の株価が、2029年3月までの同社の緑の投資を資金調達するために70億ポンド（894億ドル）の新株公開を発表してから2日間で15％下落しています。
一方、労働党が新たな国有エネルギー会社の設立計画を発表したことで、水道およびエネルギー関連銘柄に対する懸念が広がりました。
先週、ユナイテッド・ユーティリティーズ（OTC：UUGRY）とセブン・トレント（OTC：STRNY）の水道会社の株価はそれぞれ7.9％と7％下落しました。
5月22日の発表以来、FTSE100指数はほぼ1％下落しています。
イギリスリスクを抱える主要な米国株の一つがウォルグリーンズ・ブーツ・アライアンス（NASDAQ：WBA）で、その株価は過去1週間で13％下落しています。
ブーツはイギリスで最大級の大手小売業者の一つであり、このストックに影響を及ぼすような具体的な政策が発表されていないにも関わらず、投資家たちは慎重な姿勢を見せています。
この発表以来、イギリス国債の金利（10年物の基準金利）は127ベーシスポイント上昇し、価格の低下をもたらしています。これには潜在的に新たな労働党政権の下で政府の借入が増加するという懸念が関係しています。
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最新ニュース National Grid (NYSE:NGG) 株価情報

水曜日, 5 29, 2024

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