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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
NYSE:PCG

PG&E (PCG) Stock Price, News & Analysis

$16.54
+0.09 (+0.55%)
(As of 04/18/2024 ET)
Today's Range
$16.42
$16.60
50-Day Range
$16.03
$17.03
52-Week Range
$14.71
$18.32
Volume
9.49 million shs
Average Volume
12.50 million shs
Market Capitalization
$35.34 billion
P/E Ratio
15.75
Dividend Yield
0.24%
Price Target
$18.78

PG&E MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
13.6% Upside
$18.78 Price Target
Short Interest
Healthy
1.43% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.25mentions of PG&E in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.15%
From $1.35 to $1.46 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.98 out of 5 stars

Utilities Sector

61st out of 90 stocks

Electric & Other Services Combined Industry

15th out of 18 stocks

PCG stock logo

About PG&E Stock (NYSE:PCG)

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. PG&E Corporation was incorporated in 1905 and is based in Oakland, California.

PCG Stock Price History

PCG Stock News Headlines

PG&E (PCG) Set to Announce Earnings on Thursday
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During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
New crypto project uncovers 2,050% in 65 days
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
PCG Crosses Above Key Moving Average Level
PG&E (NYSE:PCG) Now Covered by The Goldman Sachs Group
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/19/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
CUSIP
69331C10
Employees
28,010
Year Founded
1905

Price Target and Rating

Average Stock Price Target
$18.78
High Stock Price Target
$21.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+13.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$2.26 billion
Pretax Margin
2.86%

Debt

Sales & Book Value

Annual Sales
$24.43 billion
Cash Flow
$2.46 per share
Book Value
$9.69 per share

Miscellaneous

Outstanding Shares
2,137,030,000
Free Float
2,133,825,000
Market Cap
$35.34 billion
Optionable
Optionable
Beta
1.32

Social Links

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Should I Buy PG&E Stock? PCG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in PG&E Co.:

  • PG&E Co. has shown a consistent increase in revenue, surpassing analyst estimates, indicating strong financial performance.
  • PG&E Co. offers a quarterly dividend, providing investors with a steady income stream.
  • Analysts have upgraded PG&E Co.'s stock rating, suggesting positive sentiment towards the company's future performance.
  • PG&E Co. has a diversified energy generation portfolio, including nuclear, hydroelectric, and renewable sources, reducing risk associated with a single energy source.
  • Despite recent challenges, PG&E Co. has maintained a stable net margin and return on equity, showcasing financial resilience.

Cons

Investors should be bearish about investing in PG&E Co. for these reasons:

  • PG&E Co. has faced regulatory and legal challenges, leading to uncertainties regarding future liabilities and costs.
  • The company operates in a highly regulated industry, subject to government policies and regulations that can impact operations and profitability.
  • PG&E Co. has a history of controversies and safety issues, which could affect its reputation and investor confidence.
  • Market volatility and energy price fluctuations can impact PG&E Co.'s financial performance and stock price.
  • Investing in PG&E Co. involves risks associated with natural disasters and climate change, affecting infrastructure and operations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these PG&E pros and cons to contact@marketbeat.com.

PCG Stock Analysis - Frequently Asked Questions

Should I buy or sell PG&E stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PG&E in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PCG shares.
View PCG analyst ratings
or view top-rated stocks.

What is PG&E's stock price target for 2024?

7 equities research analysts have issued 1-year target prices for PG&E's stock. Their PCG share price targets range from $14.00 to $21.00. On average, they predict the company's share price to reach $18.78 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price.
View analysts price targets for PCG
or view top-rated stocks among Wall Street analysts.

How have PCG shares performed in 2024?

PG&E's stock was trading at $18.03 at the start of the year. Since then, PCG stock has decreased by 8.3% and is now trading at $16.5350.
View the best growth stocks for 2024 here
.

When is PG&E's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our PCG earnings forecast
.

How can I listen to PG&E's earnings call?

PG&E will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "92587".

How were PG&E's earnings last quarter?

PG&E Co. (NYSE:PCG) released its earnings results on Thursday, February, 22nd. The utilities provider reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.01. The utilities provider had revenue of $7.04 billion for the quarter, compared to analysts' expectations of $6.43 billion. PG&E had a trailing twelve-month return on equity of 10.84% and a net margin of 9.24%. During the same period last year, the firm posted $0.26 earnings per share.

How often does PG&E pay dividends? What is the dividend yield for PG&E?

PG&E declared a quarterly dividend on Wednesday, February 14th. Investors of record on Thursday, March 28th will be paid a dividend of $0.01 per share on Monday, April 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for PCG
.

Is PG&E a good dividend stock?

PG&E (NYSE:PCG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.24%. The dividend payout ratio is 3.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PCG will have a dividend payout ratio of 2.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PCG.

What guidance has PG&E issued on next quarter's earnings?

PG&E updated its FY24 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of $1.33-$1.37 for the period, compared to the consensus EPS estimate of $1.35.

What is William D. Johnson's approval rating as PG&E's CEO?

60 employees have rated PG&E Chief Executive Officer William D. Johnson on Glassdoor.com. William D. Johnson has an approval rating of 80% among the company's employees.

What other stocks do shareholders of PG&E own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PG&E investors own include General Electric (GE), Intel (INTC), AT&T (T), Pfizer (PFE), Johnson & Johnson (JNJ), Cisco Systems (CSCO), NVIDIA (NVDA), Procter & Gamble (PG), Walt Disney (DIS) and JPMorgan Chase & Co. (JPM).

Who are PG&E's major shareholders?

PG&E's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.31%), Portman Square Capital LLP (0.00%), Hennessy Advisors Inc. (0.04%), Czech National Bank (0.02%), Financiere des Professionnels Fonds d investissement inc. (0.01%) and NBC Securities Inc. (0.01%). Insiders that own company stock include Arno Lockheart Harris, Carolyn Jeanne Burke, Cheryl F Campbell, Patricia K Poppe, Pg&E Fire Victim Trust and Robert C Flexon.
View institutional ownership trends
.

How do I buy shares of PG&E?

Shares of PCG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PCG) was last updated on 4/19/2024 by MarketBeat.com Staff

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