Zacks Research Issues Positive Estimate for PG&E Earnings

PG&E Co. (NYSE:PCG - Free Report) - Research analysts at Zacks Research lifted their Q2 2025 earnings estimates for PG&E in a report released on Thursday, May 15th. Zacks Research analyst A. Dutta now forecasts that the utilities provider will post earnings per share of $0.39 for the quarter, up from their previous estimate of $0.35. The consensus estimate for PG&E's current full-year earnings is $1.49 per share. Zacks Research also issued estimates for PG&E's Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.38 EPS, Q2 2026 earnings at $0.39 EPS, Q4 2026 earnings at $0.50 EPS and Q1 2027 earnings at $0.43 EPS.

Several other research analysts have also commented on the stock. UBS Group lowered shares of PG&E from a "buy" rating to a "neutral" rating and cut their price target for the company from $22.00 to $19.00 in a report on Wednesday, March 19th. Jefferies Financial Group raised their price target on shares of PG&E from $20.00 to $22.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Morgan Stanley restated an "underweight" rating on shares of PG&E in a report on Wednesday, April 23rd. Evercore ISI lifted their price objective on shares of PG&E from $15.00 to $17.00 and gave the company an "in-line" rating in a research note on Monday, April 28th. Finally, Guggenheim lifted their price objective on shares of PG&E from $16.00 to $17.00 and gave the company a "neutral" rating in a research note on Friday, April 25th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.13.

PG&E Trading Up 3.0%

NYSE PCG opened at $17.85 on Monday. PG&E has a one year low of $14.99 and a one year high of $21.72. The company's 50 day moving average price is $17.00 and its 200 day moving average price is $17.91. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.00 and a current ratio of 1.05. The firm has a market capitalization of $47.76 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 1.09 and a beta of 0.63.

PG&E (NYSE:PCG - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The utilities provider reported $0.33 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.02). PG&E had a net margin of 10.27% and a return on equity of 10.94%. The business had revenue of $5.98 billion during the quarter, compared to analysts' expectations of $6.23 billion. During the same quarter in the previous year, the business posted $0.37 EPS. The company's quarterly revenue was up 2.1% on a year-over-year basis.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Costello Asset Management INC acquired a new position in shares of PG&E in the 1st quarter valued at about $31,000. True Wealth Design LLC boosted its holdings in shares of PG&E by 1,233.6% in the 4th quarter. True Wealth Design LLC now owns 1,827 shares of the utilities provider's stock valued at $37,000 after buying an additional 1,690 shares during the period. Colonial Trust Co SC boosted its holdings in shares of PG&E by 563.0% in the 4th quarter. Colonial Trust Co SC now owns 1,916 shares of the utilities provider's stock valued at $39,000 after buying an additional 1,627 shares during the period. Deseret Mutual Benefit Administrators boosted its holdings in shares of PG&E by 45.0% in the 1st quarter. Deseret Mutual Benefit Administrators now owns 2,173 shares of the utilities provider's stock valued at $37,000 after buying an additional 674 shares during the period. Finally, Safe Harbor Fiduciary LLC acquired a new position in shares of PG&E in the 1st quarter valued at about $39,000. 78.56% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at PG&E

In other PG&E news, Director Arno Lockheart Harris purchased 6,389 shares of the firm's stock in a transaction dated Thursday, February 20th. The stock was acquired at an average cost of $15.66 per share, with a total value of $100,051.74. Following the acquisition, the director now owns 14,864 shares of the company's stock, valued at approximately $232,770.24. This represents a 75.39% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Carla J. Peterman sold 32,521 shares of PG&E stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $16.37, for a total transaction of $532,368.77. Following the completion of the transaction, the executive vice president now directly owns 183,635 shares of the company's stock, valued at $3,006,104.95. This trade represents a 15.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.14% of the company's stock.

PG&E Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date was Monday, March 31st. PG&E's payout ratio is currently 9.17%.

PG&E 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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