Pacific Gas & Electric (PCG) Projected to Announce Earnings on Thursday

Pacific Gas & Electric (NYSE:PCG) is expected to be releasing its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect Pacific Gas & Electric to post earnings of $0.37 per share and revenue of $6.2043 billion for the quarter. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 11:00 AM ET.

Pacific Gas & Electric (NYSE:PCG) last announced its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $0.43 EPS for the quarter, beating the consensus estimate of $0.39 by $0.04. The firm had revenue of $6.88 billion for the quarter, compared to the consensus estimate of $6.20 billion. Pacific Gas & Electric had a net margin of 11.44% and a return on equity of 11.95%. The company’s revenue was up 15.0% on a year-over-year basis. During the same period last year, the firm earned $0.33 EPS. On average, analysts expect Pacific Gas & Electric to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Pacific Gas & Electric Trading Up 0.3%

Shares of Pacific Gas & Electric stock opened at $17.49 on Wednesday. The company has a market capitalization of $46.87 billion, a P/E ratio of 13.56, a P/E/G ratio of 1.13 and a beta of 0.27. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.13 and a current ratio of 1.20. The company has a fifty day moving average of $16.80 and a 200 day moving average of $16.95. Pacific Gas & Electric has a fifty-two week low of $13.31 and a fifty-two week high of $19.16.

Pacific Gas & Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, June 30th. Pacific Gas & Electric’s payout ratio is presently 15.50%.

Insider Buying and Selling

In other Pacific Gas & Electric news, EVP Jason M. Glickman sold 47,264 shares of the business’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $16.35, for a total value of $772,766.40. Following the sale, the executive vice president owned 136,433 shares in the company, valued at $2,230,679.55. The trade was a 25.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.22% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Pacific Gas & Electric

Several large investors have recently made changes to their positions in PCG. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Pacific Gas & Electric in the first quarter worth about $203,000. Empowered Funds LLC grew its holdings in Pacific Gas & Electric by 16.4% during the 1st quarter. Empowered Funds LLC now owns 46,936 shares of the utilities provider’s stock valued at $806,000 after buying an additional 6,601 shares in the last quarter. Woodline Partners LP grew its holdings in Pacific Gas & Electric by 41.2% during the 1st quarter. Woodline Partners LP now owns 185,324 shares of the utilities provider’s stock valued at $3,184,000 after buying an additional 54,033 shares in the last quarter. Focus Partners Wealth grew its holdings in Pacific Gas & Electric by 93.0% during the 1st quarter. Focus Partners Wealth now owns 83,816 shares of the utilities provider’s stock valued at $1,440,000 after buying an additional 40,380 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S increased its stake in Pacific Gas & Electric by 499.7% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 433,064 shares of the utilities provider’s stock worth $6,037,000 after acquiring an additional 360,845 shares during the last quarter. 78.56% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Wall Street Zen raised Pacific Gas & Electric from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Weiss Ratings downgraded Pacific Gas & Electric from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. JPMorgan Chase & Co. lowered their price target on Pacific Gas & Electric from $24.00 to $23.00 and set an “overweight” rating on the stock in a report on Friday, May 15th. Wells Fargo & Company restated an “overweight” rating and issued a $25.00 price target on shares of Pacific Gas & Electric in a research note on Tuesday, April 21st. Finally, Truist Financial dropped their price target on Pacific Gas & Electric from $23.00 to $22.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $22.10.

About Pacific Gas & Electric

Pacific Gas & Electric (NYSE: PCG) is an investor-owned utility holding company whose principal operating subsidiary, Pacific Gas and Electric Company, provides electricity and natural gas service in northern and central California. The company’s core activities include the generation, procurement, transmission and distribution of electric power, as well as the transmission and distribution of natural gas. PG&E serves a broad mix of residential, commercial, and industrial customers across urban and rural communities within its California service territory.

PG&E’s operations encompass utility infrastructure planning and construction, grid operations, customer service and energy procurement.