Pacific Gas & Electric (PCG) to Release Earnings on Thursday

Pacific Gas & Electric (NYSE:PCG - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $6.37 billion for the quarter. Pacific Gas & Electric has set its FY 2025 guidance at 1.480-1.520 EPS.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last posted its earnings results on Thursday, April 24th. The utilities provider reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by ($0.02). The business had revenue of $5.98 billion during the quarter, compared to analyst estimates of $6.23 billion. Pacific Gas & Electric had a return on equity of 10.35% and a net margin of 9.81%. The company's revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 EPS. On average, analysts expect Pacific Gas & Electric to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Pacific Gas & Electric Stock Up 0.8%

NYSE:PCG traded up $0.11 on Thursday, hitting $13.27. The stock had a trading volume of 18,487,115 shares, compared to its average volume of 18,845,224. 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 market cap of $35.49 billion, a P/E ratio of 12.17, a price-to-earnings-growth ratio of 0.92 and a beta of 0.55. Pacific Gas & Electric has a 1 year low of $12.97 and a 1 year high of $21.72. The firm's fifty day simple moving average is $15.14 and its two-hundred day simple moving average is $16.23.

Pacific Gas & Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $0.025 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.10 annualized dividend and a yield of 0.75%. Pacific Gas & Electric's dividend payout ratio (DPR) is 9.17%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on PCG shares. BMO Capital Markets decreased their price objective on shares of Pacific Gas & Electric from $23.00 to $22.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Jefferies Financial Group raised their price target on shares of Pacific Gas & Electric from $20.00 to $22.00 and gave the stock a "buy" rating in a research note on Wednesday, April 23rd. Wells Fargo & Company restated an "overweight" rating and set a $24.00 price target on shares of Pacific Gas & Electric in a research note on Friday, April 25th. UBS Group downgraded shares of Pacific Gas & Electric from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $22.00 to $19.00 in a report on Wednesday, March 19th. Finally, Guggenheim raised their price objective on shares of Pacific Gas & Electric from $16.00 to $17.00 and gave the stock a "neutral" rating in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $20.73.

Insider Buying and Selling

In other Pacific Gas & Electric news, EVP Carla J. Peterman sold 32,519 shares of the firm's stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $17.30, for a total value of $562,578.70. Following the completion of the transaction, the executive vice president directly owned 151,116 shares of the company's stock, valued at $2,614,306.80. This trade represents a 17.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.14% of the stock is currently owned by insiders.

Institutional Trading of Pacific Gas & Electric

Several institutional investors and hedge funds have recently made changes to their positions in PCG. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Pacific Gas & Electric during the 1st quarter valued at $203,000. Empowered Funds LLC raised its position in shares of 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 raised its position in shares of 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. Finally, Focus Partners Wealth raised its position in Pacific Gas & Electric by 93.0% in the 1st quarter. Focus Partners Wealth now owns 83,816 shares of the utilities provider's stock worth $1,440,000 after purchasing an additional 40,380 shares during the period. Hedge funds and other institutional investors own 78.56% of the company's stock.

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.