Pacific Gas & Electric (NYSE:PCG) Issues FY 2025 Earnings Guidance

Key Points

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Pacific Gas & Electric (NYSE:PCG - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.480-1.520 for the period, compared to the consensus EPS estimate of 1.501. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on PCG. Argus raised shares of Pacific Gas & Electric to a "hold" rating in a research note on Monday, June 16th. Morgan Stanley set a $18.00 price target on shares of Pacific Gas & Electric and gave the stock an "underweight" rating in a report on Thursday, May 22nd. BMO Capital Markets cut their price target on shares of Pacific Gas & Electric from $23.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. Barclays cut their price target on shares of Pacific Gas & Electric from $22.00 to $20.00 and set an "overweight" rating on the stock in a report on Tuesday, July 22nd. Finally, Wells Fargo & Company restated an "overweight" rating and issued a $24.00 price target on shares of Pacific Gas & Electric in a report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Pacific Gas & Electric presently has an average rating of "Moderate Buy" and an average target price of $20.55.

Pacific Gas & Electric Stock Down 0.7%

PCG traded down $0.11 during trading on Thursday, hitting $13.92. The stock had a trading volume of 21,638,101 shares, compared to its average volume of 23,121,627. The company has a market capitalization of $37.23 billion, a PE ratio of 12.78, a PEG ratio of 1.04 and a beta of 0.55. Pacific Gas & Electric has a twelve month low of $12.97 and a twelve month high of $21.72. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.90 and a current ratio of 0.95. The stock has a 50 day simple moving average of $14.50 and a two-hundred day simple moving average of $15.87.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last announced its earnings results on Thursday, July 31st. The utilities provider reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.09). Pacific Gas & Electric had a net margin of 9.81% and a return on equity of 10.35%. The firm's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 earnings per share. On average, research analysts predict that Pacific Gas & Electric will post 1.49 earnings per share for the current year.

Pacific Gas & Electric Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend was Monday, June 30th. Pacific Gas & Electric's dividend payout ratio (DPR) is presently 9.17%.

Institutional Trading of Pacific Gas & Electric

A number of institutional investors have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd acquired a new stake in Pacific Gas & Electric during the 1st quarter valued at approximately $203,000. Empowered Funds LLC lifted its stake 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 acquiring an additional 6,601 shares during the period. Focus Partners Wealth lifted its stake 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 acquiring an additional 40,380 shares during the period. Finally, Woodline Partners LP lifted its stake 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 acquiring an additional 54,033 shares during the period. 78.56% of the stock is currently owned by institutional investors and hedge funds.

Pacific Gas & Electric Company Profile

PG&E Corp. operates as a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in Oakland, CA.

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