Zacks Research Issues Optimistic Forecast for PCG Earnings

Pacific Gas & Electric Co. (NYSE:PCG - Free Report) - Equities researchers at Zacks Research raised their Q3 2025 earnings per share estimates for Pacific Gas & Electric in a note issued to investors on Monday, July 21st. Zacks Research analyst A. Dutta now expects that the utilities provider will earn $0.44 per share for the quarter, up from their previous forecast of $0.42. 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 FY2027 earnings at $1.79 EPS.

PCG has been the topic of a number of other research reports. Barclays lowered their price objective on Pacific Gas & Electric from $22.00 to $20.00 and set an "overweight" rating on the stock in a research note on Tuesday. Guggenheim raised their price objective on Pacific Gas & Electric from $16.00 to $17.00 and gave the stock a "neutral" rating in a research note on Friday, April 25th. BMO Capital Markets lowered their price objective on Pacific Gas & Electric from $23.00 to $22.00 and set an "outperform" rating on the stock in a research note on Monday, April 14th. Morgan Stanley set a $18.00 price objective on Pacific Gas & Electric and gave the stock an "underweight" rating in a research note on Thursday, May 22nd. Finally, Mizuho raised their price objective on Pacific Gas & Electric from $20.00 to $21.00 and gave the stock an "outperform" rating in a research note on Monday, May 19th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $20.55.

Pacific Gas & Electric Stock Performance

Shares of NYSE PCG traded up $0.24 during trading hours on Wednesday, reaching $14.09. 30,685,195 shares of the stock were exchanged, compared to its average volume of 23,089,738. The stock's fifty day simple moving average is $14.79 and its 200 day simple moving average is $16.00. Pacific Gas & Electric has a 52 week low of $12.97 and a 52 week 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 firm has a market capitalization of $37.68 billion, a price-to-earnings ratio of 12.92, a P/E/G ratio of 1.02 and a beta of 0.55.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last announced 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 firm had revenue of $5.98 billion for the quarter, compared to the consensus estimate of $6.23 billion. Pacific Gas & Electric had a return on equity of 10.35% and a net margin of 9.81%. Pacific Gas & Electric's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $0.37 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PCG. Costello Asset Management INC acquired a new position in Pacific Gas & Electric during the 1st quarter worth about $31,000. True Wealth Design LLC increased its position in Pacific Gas & Electric by 1,233.6% during the 4th quarter. True Wealth Design LLC now owns 1,827 shares of the utilities provider's stock valued at $37,000 after purchasing an additional 1,690 shares during the period. Deseret Mutual Benefit Administrators increased its position in Pacific Gas & Electric by 45.0% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 2,173 shares of the utilities provider's stock valued at $37,000 after purchasing an additional 674 shares during the period. Colonial Trust Co SC increased its position in Pacific Gas & Electric by 563.0% during the 4th quarter. Colonial Trust Co SC now owns 1,916 shares of the utilities provider's stock valued at $39,000 after purchasing an additional 1,627 shares during the period. Finally, Safe Harbor Fiduciary LLC acquired a new stake in Pacific Gas & Electric during the 1st quarter valued at approximately $39,000. 78.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Pacific Gas & Electric

In related news, EVP Carla J. Peterman sold 32,519 shares of the firm's stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $17.30, for a total transaction of $562,578.70. Following the sale, the executive vice president 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.14% of the stock is currently owned by company insiders.

Pacific Gas & Electric Dividend Announcement

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

About Pacific Gas & Electric

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.