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

Key Points

• PG&E will report Q1 2026 results before the market opens on Thursday, April 23, with analysts forecasting EPS of $0.3556 and revenue of $6.2046 billion and a conference call at 11:00 AM ET.
• In the prior quarter PG&E posted EPS of $0.36 on $6.8 billion of revenue (below expectations), and analysts model roughly $1.00 EPS for the current fiscal year and $2.00 for the next; the stock carries a consensus "Hold" rating and an average price target of $21.27.
• PG&E recently paid a $0.05 quarterly dividend (annualized $0.20, ~1.2% yield), and insiders have sold about 84,286 shares (~$1.53 million) over the past 90 days.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) is expected to post its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.3556 per share and revenue of $6.2046 billion for the quarter. Interested persons are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 23, 2026 at 11:00 AM ET.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last issued its earnings results on Wednesday, February 11th. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.36. Pacific Gas & Electric had a net margin of 10.84% and a return on equity of 11.28%. The firm had revenue of $6.80 billion for the quarter, compared to analysts' expectations of $7.05 billion. During the same quarter last year, the business earned $0.31 earnings per share. 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 Trading Down 1.0%

NYSE:PCG opened at $17.39 on Thursday. The company has a fifty day moving average of $17.91 and a 200 day moving average of $16.56. Pacific Gas & Electric has a 52 week low of $12.97 and a 52 week high of $19.16. The company has a quick ratio of 0.92, a current ratio of 0.97 and a debt-to-equity ratio of 1.84. The firm has a market capitalization of $38.21 billion, a P/E ratio of 14.73, a P/E/G ratio of 0.67 and a beta of 0.34.

Pacific Gas & Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.05 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.2%. Pacific Gas & Electric's payout ratio is presently 16.95%.

Insider Buying and Selling at Pacific Gas & Electric

In related news, Director Kerry Whorton Cooper sold 2,500 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $18.68, for a total value of $46,700.00. Following the completion of the transaction, the director directly owned 73,141 shares in the company, valued at $1,366,273.88. This trade represents a 3.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Carla J. Peterman sold 31,786 shares of Pacific Gas & Electric stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $18.31, for a total transaction of $582,001.66. Following the transaction, the executive vice president directly owned 195,091 shares of the company's stock, valued at approximately $3,572,116.21. This trade represents a 14.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 84,286 shares of company stock valued at $1,528,746. 0.14% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Pacific Gas & Electric

Institutional investors and hedge funds have recently made changes to their positions in the business. Brown Brothers Harriman & Co. lifted its holdings in shares of Pacific Gas & Electric by 42.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 9,454 shares of the utilities provider's stock valued at $152,000 after purchasing an additional 2,836 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in Pacific Gas & Electric by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 684,942 shares of the utilities provider's stock valued at $10,329,000 after buying an additional 4,248 shares in the last quarter. Empowered Funds LLC raised its stake in Pacific Gas & Electric by 16.4% during the first 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 during the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in Pacific Gas & Electric by 350.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 9,900 shares of the utilities provider's stock worth $149,000 after acquiring an additional 7,700 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Pacific Gas & Electric in the first quarter worth $203,000. Institutional investors own 78.56% of the company's stock.

Wall Street Analysts Forecast Growth

PCG has been the subject of a number of analyst reports. Wells Fargo & Company increased their target price on shares of Pacific Gas & Electric from $23.00 to $24.00 and gave the stock an "overweight" rating in a report on Tuesday, January 20th. UBS Group upgraded Pacific Gas & Electric from a "neutral" rating to a "buy" rating in a report on Monday, March 9th. Morgan Stanley set a $23.00 price target on Pacific Gas & Electric in a research report on Friday, February 20th. Jefferies Financial Group reiterated a "hold" rating and issued a $19.00 price objective (down from $20.00) on shares of Pacific Gas & Electric in a report on Monday, March 23rd. Finally, Barclays boosted their target price on Pacific Gas & Electric from $21.00 to $23.00 and gave the company an "overweight" rating in a research note on Wednesday, February 18th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $21.27.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.