Zacks Research Issues Pessimistic Estimate for PCG Earnings

Pacific Gas & Electric Co. (NYSE:PCG - Free Report) - Equities researchers at Zacks Research dropped their Q2 2025 earnings per share estimates for Pacific Gas & Electric in a research report issued to clients and investors on Monday, July 21st. Zacks Research analyst A. Dutta now forecasts that the utilities provider will earn $0.37 per share for the quarter, down from their prior estimate of $0.40. The consensus estimate for Pacific Gas & Electric's current full-year earnings is $1.49 per share. Zacks Research also issued estimates for Pacific Gas & Electric's Q4 2025 earnings at $0.35 EPS.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The utilities provider reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.02). The business had revenue of $5.98 billion during the quarter, compared to analysts' expectations 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 quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 earnings per share.

A number of other research analysts also recently issued reports on PCG. Jefferies Financial Group lifted their price target on Pacific Gas & Electric from $20.00 to $22.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Argus raised Pacific Gas & Electric to a "hold" rating in a research report on Monday, June 16th. Evercore ISI lifted their price objective on Pacific Gas & Electric from $15.00 to $17.00 and gave the company an "in-line" rating in a research note on Monday, April 28th. Wells Fargo & Company reiterated an "overweight" rating and set a $24.00 price objective on shares of Pacific Gas & Electric in a research note on Friday, April 25th. Finally, Morgan Stanley set a $18.00 price target on Pacific Gas & Electric and gave the company an "underweight" rating in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $20.55.

Pacific Gas & Electric Stock Up 1.7%

Shares of NYSE:PCG traded up $0.24 on Thursday, reaching $14.09. The company had a trading volume of 30,885,087 shares, compared to its average volume of 22,811,028. Pacific Gas & Electric has a 52-week low of $12.97 and a 52-week high of $21.72. The firm's 50 day simple moving average is $14.71 and its 200-day simple moving average is $15.94. The firm has a market capitalization of $37.68 billion, a PE ratio of 12.92, a PEG ratio of 1.05 and a beta of 0.55. The company has a current ratio of 0.95, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79.

Pacific Gas & Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend was Monday, June 30th. Pacific Gas & Electric's dividend payout ratio is presently 9.17%.

Insider Buying and Selling

In related news, EVP Carla J. Peterman sold 32,519 shares of the company's stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $17.30, for a total value of $562,578.70. Following the transaction, the executive vice president directly owned 151,116 shares in the company, valued at approximately $2,614,306.80. This represents a 17.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.14% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PCG. Costello Asset Management INC acquired a new position in Pacific Gas & Electric during the first quarter worth $31,000. True Wealth Design LLC raised its stake in shares of Pacific Gas & Electric by 1,233.6% in the fourth quarter. True Wealth Design LLC now owns 1,827 shares of the utilities provider's stock valued at $37,000 after acquiring an additional 1,690 shares in the last quarter. Deseret Mutual Benefit Administrators raised its stake in shares of Pacific Gas & Electric by 45.0% in the first quarter. Deseret Mutual Benefit Administrators now owns 2,173 shares of the utilities provider's stock valued at $37,000 after acquiring an additional 674 shares in the last quarter. Colonial Trust Co SC raised its stake in shares of Pacific Gas & Electric by 563.0% in the fourth quarter. Colonial Trust Co SC now owns 1,916 shares of the utilities provider's stock valued at $39,000 after acquiring an additional 1,627 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new stake in shares of Pacific Gas & Electric in the first quarter valued at $39,000. 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.