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

7 Wall Street 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 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 Wall Street analysts have issued 12-month target prices for PG&E's stock. Their PCG share price targets range from $14.00 to $21.00. On average, they expect the company's share price to reach $18.78 in the next year. 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 beginning 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 quarterly earnings data on Thursday, February, 22nd. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.01. The utilities provider earned $7.04 billion during 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 in the prior year, the business earned $0.26 EPS.

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

PG&E announced a quarterly dividend on Wednesday, February 14th. Stockholders 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 yield of 0.24%. The ex-dividend date 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 0.25%. 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 ETFs hold PG&E's stock?

ETFs with the largest weight of PG&E (NYSE:PCG) stock in their portfolio include VanEck Uranium+Nuclear Energy ETF (NLR) , Virtus Reaves Utilities ETF (UTES) , Utilities Select Sector SPDR Fund (XLU) , Invesco Dorsey Wright Utilities Momentum ETF (PUI) , Invesco S&P 500 Equal Weight Utilities ETF (RSPU) , First Trust Utilities AlphaDEX Fund (FXU) , TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) and Invesco S&P 500 Equal Weight Utilities ETF (RYU) .

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

PG&E issued an update on 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 earnings per share 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 number of retail and institutional 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 .

NYSE:PCG

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

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Free PCG Stock Alerts

$16.54

+0.09 (+0.55%)

(As of 04/18/2024 ET)

Compare

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: 15.94 million shs
Market Capitalization: $35.34 billion

P/E Ratio: 15.75
Dividend Yield: 0.24%
Price Target: $18.78

Get PG&E alerts:

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: 0.10
Based on 20 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.

2.78 out of 5 stars

Utilities Sector

62nd out of 90 stocks

Electric & Other Services Combined Industry

14th out of 17 stocks

2.3

Analyst's Opinion

Consensus Rating
PG&E has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
PG&E has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.43% of the outstanding shares of PG&E have been sold short.
Short Interest Ratio / Days to Cover
PG&E has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PG&E has recently increased by 9.48%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
PG&E has a dividend yield of 0.25%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
PG&E does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of PG&E is 3.81%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, PG&E will have a dividend payout ratio of 2.74% next year. This indicates that PG&E will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PCG.

2.3

News and Social Media Coverage

News Sentiment
PG&E has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 20 news articles for PG&E this week, compared to 12 articles on an average week.
Search Interest
37 people have searched for PCG on MarketBeat in the last 30 days. This is an increase of 85% compared to the previous 30 days.
MarketBeat Follows
Only 12 people have added PG&E to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PG&E insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.15% of the stock of PG&E is held by insiders.
Percentage Held by Institutions
78.56% of the stock of PG&E is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for PG&E are expected to grow by 8.15% in the coming year, from $1.35 to $1.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PG&E is 15.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of PG&E is 15.75, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 76.64.
Price to Book Value per Share Ratio
PG&E has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

PCG Stock News Headlines

April 18, 2024 | msn.com

PG&E, Edison apply for $2B federal grant for California grid upgrades

April 18, 2024 | americanbankingnews.com

PG&E (PCG) Set to Announce Earnings on Thursday

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 17, 2024 | msn.com

PG&E faces another $200M lawsuit over Dixie Fire damages, victims seek compensation

April 16, 2024 | msn.com

Dan Loeb Portfolio: A Peek of Dan Loeb’s Investment Strategy

April 16, 2024 | finance.yahoo.com

Multiplying Aid: REACH Triple Match Provides Energy Bill Assistance to Larger Group of Income-Eligible PG&E Customers

April 15, 2024 | msn.com

PG&E sends warning to California customers about utility scams

April 13, 2024 | americanbankingnews.com

Zacks Research Equities Analysts Decrease Earnings Estimates for PG&E Co. (NYSE:PCG)

April 19, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 13, 2024 | yahoo.com

PG&E outage leaves over 5,000 without power in south Bakersfield

April 13, 2024 | bizjournals.com

Oregon timber company sues California electric utility over wildfire in prized forest

April 12, 2024 | msn.com

PG&E OUTAGE: Planned 6-hour outage for areas within Shasta and Tehama Counties

April 12, 2024 | msn.com

Forest owners file $224M lawsuit against PG&E for 2021 Dixie Fire damage

April 12, 2024 | msn.com

PG&E ran a TV ad touting its undergrounding work. Now it wants customers to pay for it

April 12, 2024 | msn.com

Extremely high PG&E bills connected to 3 million aging meters | 10 On Your Side

April 11, 2024 | nasdaq.com

PCG Crosses Above Key Moving Average Level

April 11, 2024 | msn.com

$225M lawsuit filed against PG&E over Dixie Fire damage

April 11, 2024 | msn.com

Forest owners file $225M lawsuit against PG&E for Dixie Fire damages

April 11, 2024 | msn.com

PG&E reminds everyone to dig safely around underground utilities

April 11, 2024 | americanbankingnews.com

PG&E (NYSE:PCG) Now Covered by The Goldman Sachs Group

April 10, 2024 | finance.yahoo.com

The PG&E Corporation Foundation and PG&E Offering $900,000 in Grants for Environmental Stewardship and Climate Resilience Projects

April 10, 2024 | prnewswire.com

The PG&E Corporation Foundation and PG&E Offering $900,000 in Grants for Environmental Stewardship and Climate Resilience Projects

April 8, 2024 | prnewswire.com

When an Earthquake Strikes, Will Your Family Be Ready? Take Time During California Earthquake Preparedness Month to Shake-Proof Your Home and Business

April 8, 2024 | finance.yahoo.com

From Miles Above, Satellite Data Helps Spot Hazardous Trees and Reduce Wildfire Risk

April 6, 2024 | msn.com

More than 7,000 PG&E customers lose power across Tuolumne and Calaveras counties, outage maps shows

April 4, 2024 | msn.com

PG&E CEO, other execs with utility titan, land higher compensation

April 4, 2024 | ca.news.yahoo.com

Hundreds without power in SLO County due to PG&E outage

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: 4/18/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Utilities
Industry: Electric & other services combined
Sub-Industry: Multi-Utilities
Current Symbol: NYSE:PCG
CUSIP: 69331C10
CIK: 1004980
Web: www.pgecorp.com
Phone: (415) 973-1000
Fax: 415-973-8719
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: +13.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.05
Trailing P/E Ratio: 15.75
Forward P/E Ratio: 12.25
P/E Growth: N/A
Net Income: $2.26 billion
Net Margins: 9.24%
Pretax Margin: 2.86%
Return on Equity: 10.84%
Return on Assets: 2.16%

Debt

Debt-to-Equity Ratio: 2.04
Current Ratio: 0.83
Quick Ratio: 0.78

Sales & Book Value

Annual Sales: $24.43 billion
Price / Sales: 1.45
Cash Flow: $2.52 per share
Price / Cash Flow: 6.56
Book Value: $9.69 per share
Price / Book: 1.71

Miscellaneous

Outstanding Shares: 2,137,030,000
Free Float: 2,133,825,000
Market Cap: $35.35 billion
Optionable: Optionable
Beta: 1.32

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Key Executives

Ms. Patricia Kessler Poppe (Age 55)
CEO & Director
Comp: $5.21M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 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 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 Wall Street analysts have issued 12-month target prices for PG&E's stock. Their PCG share price targets range from $14.00 to $21.00. On average, they expect the company's share price to reach $18.78 in the next year. 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 beginning 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 quarterly earnings data on Thursday, February, 22nd. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.01. The utilities provider earned $7.04 billion during 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 in the prior year, the business earned $0.26 EPS.
How often does PG&E pay dividends? What is the dividend yield for PG&E?: PG&E announced a quarterly dividend on Wednesday, February 14th. Stockholders 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 yield of 0.24%. The ex-dividend date 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 0.25%. 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 ETFs hold PG&E's stock?: ETFs with the largest weight of PG&E (NYSE:PCG) stock in their portfolio include VanEck Uranium+Nuclear Energy ETF (NLR), Virtus Reaves Utilities ETF (UTES), Utilities Select Sector SPDR Fund (XLU), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust Utilities AlphaDEX Fund (FXU), TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) and Invesco S&P 500 Equal Weight Utilities ETF (RYU).
What guidance has PG&E issued on next quarter's earnings?: PG&E issued an update on 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 earnings per share 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 number of retail and institutional 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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PG&E (PCG) Stock Price, News & Analysis

PG&E MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About PG&E Stock (NYSE:PCG)

PCG Stock Price History

PCG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

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

Pros

Cons

PCG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™