Pattern Energy Group Company Profile (NASDAQ:PEGI)

About Pattern Energy Group

Pattern Energy Group logoPattern Energy Group Inc. (Pattern Energy) is an independent power company focused on owning and operating power projects. The Company holds interests in over 16 wind power projects located in the United States, Canada and Chile with total capacity of over 2,280 megawatts (MW). Each of its projects has contracted to sell its output pursuant to a power sale agreement. Pattern Energy sells its electricity and environmental attributes, including renewable energy credits (RECs), to local utilities under long-term and fixed-price power purchase agreements (PPAs). The Company's operating projects include Gulf Wind, Texas; Hatchet Ridge, California; St. Joseph, Manitoba; Spring Valley, Nevada; Santa Isabel, Puerto Rico; Ocotillo, California; South Kent, Ontario; El Arrayan, Chile; Panhandle 1, Texas; Panhandle 2, Texas; Grand, Ontario; Post Rock, Kansas; Lost Creek, Missouri; K2, Ontario; Logan's Gap, Texas, and Amazon Wind Farm Fowler Ridge, Indiana.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: PEGI
  • CUSIP:
Key Metrics:
  • Previous Close: $22.69
  • 50 Day Moving Average: $23.697
  • 200 Day Moving Average: $21.974
  • 52-Week Range: $14.56 - $25.13
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 107.10
  • P/E Growth: -4.890
  • Market Cap: $1.70B
  • Outstanding Shares: 76,170,000
  • Beta: 1.17
Profitability:
  • Net Margins: -14.90%
  • Return on Equity: -0.21%
  • Return on Assets: -0.09%
Debt:
  • Debt-to-Equity Ratio: 0.83%
  • Current Ratio: 0.46%
  • Quick Ratio: 0.46%
Additional Links:
Companies Related to Pattern Energy Group:

Analyst Ratings

Consensus Ratings for Pattern Energy Group (NASDAQ:PEGI) (?)
Ratings Breakdown: 11 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $27.22 (21.04% upside)

Analysts' Ratings History for Pattern Energy Group (NASDAQ:PEGI)
Show:
DateFirmActionRatingPrice TargetDetails
9/25/2016RBC Capital MarketsReiterated RatingOutperformView Rating Details
9/8/2016Oppenheimer Holdings Inc.Initiated CoverageOutperform$36.00View Rating Details
8/18/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details
7/5/2016BMO Capital MarketsReiterated RatingOutperform$23.00 -> $25.00View Rating Details
6/7/2016Royal Bank Of CanadaReiterated RatingOutperformView Rating Details
4/13/2016GuggenheimInitiated CoverageBuy$26.00View Rating Details
3/1/2016Raymond James Financial Inc.Lower Price TargetOutperform$27.00 -> $25.00View Rating Details
2/29/2016Avondale PartnersReiterated RatingOutperformView Rating Details
12/8/2015JPMorgan Chase & Co.Boost Price TargetOverweight$25.00 -> $26.00View Rating Details
11/17/2015National Bank FinancialDowngradeSector Perform Under Weight -> Outperfrom Under WeightView Rating Details
11/2/2015CIBCLower Price TargetSector Outperform$31.50 -> $31.00View Rating Details
10/29/2015Bank of America Corp.UpgradeNeutral -> Buy$29.00View Rating Details
8/11/2015ScotiabankLower Price Target$38.00 -> $30.00View Rating Details
5/8/2015DesjardinsUpgradeHold -> Buy$32.50 -> $33.88View Rating Details
4/22/2015KeyCorpBoost Price TargetOverweight$34.00 -> $35.00View Rating Details
4/14/2015Citigroup Inc.Initiated CoverageBuy$35.00View Rating Details
11/11/2014MacquarieUpgradeNeutral -> Outperform$34.00 -> $36.00View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Pattern Energy Group (NASDAQ:PEGI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/5/2016Q216$0.04($0.04)$103.00 million$93.40 millionViewN/AView Earnings Details
5/9/2016Q116$0.02($0.32)$97.37 million$87.60 millionViewN/AView Earnings Details
2/29/2016Q415$0.06$0.03$98.79 million$90.60 millionViewListenView Earnings Details
11/5/2015Q315($0.07)($0.14)$88.05 million$89.70 millionViewN/AView Earnings Details
8/10/2015Q215$0.11$0.21$80.48 million$84.70 millionViewListenView Earnings Details
5/7/2015$0.13($0.29)ViewN/AView Earnings Details
3/2/2015Q4 14$0.07($0.36)$79.40 millionViewN/AView Earnings Details
10/31/2014Q314$0.75($0.15)$2.78 billion$71.00 millionViewN/AView Earnings Details
8/5/2014Q214$0.25$0.20$65.60 million$66.05 millionViewN/AView Earnings Details
5/2/2014Q114$0.96($0.20)$57.18 billion$49.50 billionViewN/AView Earnings Details
2/28/2014Q413($0.19)($0.17)$53.96 million$41.77 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Pattern Energy Group (NASDAQ:PEGI)
Current Year EPS Consensus Estimate: $-0.36 EPS
Next Year EPS Consensus Estimate: $0.21 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.03$0.03$0.03
Q2 20162$0.03$0.07$0.05
Q3 20162($0.11)($0.09)($0.10)
Q4 20162$0.05$0.12$0.09
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Pattern Energy Group (NASDAQ:PEGI)
Annual Dividend:$1.60
Dividend Yield:7.11%
Payout Ratio:-219.18% (Based on Trailing 12 Months of Earnings)
-444.44% (Based on Current Year Consensus EPS Estimate)
761.90% (Based on Next Year Consensus EPS Estimate)

Dividend History for Pattern Energy Group (NASDAQ:PEGI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/5/2016quarterly$0.406.53%9/28/20169/30/201610/31/2016
5/9/2016quarterly$0.397.64%6/28/20166/30/20167/29/2016
2/29/2016quarterly$0.388.31%3/29/20163/31/20164/29/2016
11/5/2015quarterly$0.376.74%12/29/201512/31/20151/29/2016
7/21/2015quarterly$0.366.13%9/28/20159/30/201510/30/2015
5/8/2015quarterly$0.354.95%6/26/20156/30/20157/30/2015
3/2/2015quarterly$0.343/27/20153/31/20154/30/2015
10/31/2014quarterly$0.334.66%12/29/201412/31/20141/30/2015
8/5/2014quarterly$0.334.36%9/26/20149/30/201410/30/2014
5/5/2014quarterly$0.324.95%6/26/20146/30/20147/30/2014
2/28/2014quarterly$0.314.42%3/27/20143/31/20144/30/2014
11/26/2013special$0.3112/27/201312/31/20131/30/2014
11/26/2013quarterly$0.3112/31/20131/30/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Pattern Energy Group (NASDAQ:PEGI)
Insider Ownership Percentage: 1.79%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2016Christopher M ShugartVPSell500$24.00$12,000.00View SEC Filing  
9/1/2016Esben W PedersenInsiderSell1,200$23.80$28,560.00View SEC Filing  
8/31/2016Lord Of Madingley BrowneDirectorBuy10,000$23.89$238,900.00View SEC Filing  
8/18/2016Daniel M ElkortVPSell11,290$23.80$268,702.00View SEC Filing  
8/16/2016Patricia S BellingerDirectorBuy2,000$23.01$46,020.00View SEC Filing  
8/15/2016Kevin E DevlinSVPBuy1,271$23.97$30,465.87View SEC Filing  
8/12/2016Eric S LillybeckVPSell4,000$23.84$95,360.00View SEC Filing  
8/1/2016Christopher M ShugartVPSell500$24.30$12,150.00View SEC Filing  
8/1/2016Esben W PedersenInsiderSell1,200$24.30$29,160.00View SEC Filing  
7/11/2016Christopher M ShugartVPSell3,500$24.00$84,000.00View SEC Filing  
6/30/2016Esben W PedersenCIOSell1,200$23.00$27,600.00View SEC Filing  
12/1/2015Douglas G HallDirectorBuy5,500$18.09$99,495.00View SEC Filing  
11/4/2015Christopher M. ShugartVPSell3,000$24.00$72,000.00View SEC Filing  
11/3/2015Esben W PedersenCIOSell3,600$24.00$86,400.00View SEC Filing  
8/20/2015Douglas G HallDirectorBuy4,000$22.85$91,400.00View SEC Filing  
8/14/2015Alan R BatkinDirectorBuy5,000$23.15$115,750.00View SEC Filing  
8/14/2015Michael J LyonCFOBuy9,000$23.12$208,080.00View SEC Filing  
7/1/2015Christopher M ShugartVPSell1,000$28.66$28,660.00View SEC Filing  
7/1/2015Esben W PedersenCIOSell1,200$28.66$34,392.00View SEC Filing  
6/2/2015Christopher M ShugartVPSell1,700$29.17$49,589.00View SEC Filing  
4/6/2015Christopher M ShugartVPSell1,400$30.00$42,000.00View SEC Filing  
2/9/2015Renewable Energy Gp Ii L R/CMajor ShareholderSell5,000,000$29.25$146,250,000.00View SEC Filing  
1/7/2015Christopher M ShugartVPSell1,000$26.72$26,720.00View SEC Filing  
1/2/2015Esben W PedersenCIOSell1,200$24.62$29,544.00View SEC Filing  
11/17/2014Patricia S BellingerDirectorBuy1,000$27.07$27,070.00View SEC Filing  
11/7/2014Eric S LillybeckVPSell2,712$26.80$72,681.60View SEC Filing  
8/15/2014Patricia S BellingerDirectorBuy1,000$30.89$30,890.00View SEC Filing  
5/14/2014Daniel ElkortVPSell5,354$29.25$156,604.50View SEC Filing  
5/14/2014Patricia BellingerDirectorBuy1,500$28.83$43,245.00View SEC Filing  
5/13/2014Eric LillybeckVPSell6,615$29.30$193,819.50View SEC Filing  
5/13/2014Renewable Energy Gp Ii R/Cmajor shareholderSell2,754,413$27.75$76,434,960.75View SEC Filing  
3/12/2014Patricia NewsonDirectorBuy5,000$27.75$138,750.00View SEC Filing  
3/7/2014Patricia BellingerDirectorBuy1,500$28.50$42,750.00View SEC Filing  
10/8/2013Renewable Energy Gp Ii L R/CDirectorSell2,400,000$20.79$49,896,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Pattern Energy Group (NASDAQ:PEGI)
DateHeadline
News IconShares Slipping Lower Over the Past Month: Pattern Energy Group Inc. (NASDAQ:PEGI) - Post News (NASDAQ:PEGI)
www.kentuckypostnews.com - September 29 at 11:53 AM
News IconBroker Roundup For Pattern Energy Group Inc. (NASDAQ:PEGI) - The De Soto Edge (NASDAQ:PEGI)
desotoedge.com - September 29 at 11:53 AM
forbes.com logoPattern Energy Group (PEGI) Passes Through 7% Yield Mark - Forbes (NASDAQ:PEGI)
www.forbes.com - September 28 at 11:46 AM
forbes.com logoPattern Energy Group (PEGI) Passes Through 7% Yield Mark (NASDAQ:PEGI)
www.forbes.com - September 27 at 6:36 PM
finance.yahoo.com logoCoverage initiated on Pattern Energy by UBS (NASDAQ:PEGI)
finance.yahoo.com - September 27 at 6:36 PM
News IconPattern Energy Group Inc. (NASDAQ:PEGI) expected to pay $0.40 ... - Post News (NASDAQ:PEGI)
www.kentuckypostnews.com - September 27 at 11:20 AM
forbes.com logoEx-Dividend Reminder: Pattern Energy Group, National Fuel Gas and Danaher - Forbes (NASDAQ:PEGI)
www.forbes.com - September 26 at 11:33 AM
capitalcube.com logoPattern Energy Group, Inc. breached its 50 day moving average in a Bearish Manner : PEGI-US : September 26, 2016 (NASDAQ:PEGI)
www.capitalcube.com - September 26 at 11:33 AM
News IconStock Tracker: Earnings & Estimates for Pattern Energy Group Inc ... - Frisco Fastball (NASDAQ:PEGI)
friscofastball.com - September 25 at 5:59 PM
wallstrt24.com logoVolatile Stocks to Watch - Southwest Airlines, (NYSE:LUV), Pattern Energy Group, (NASDAQ:PEGI), Western Digital ... - Wall Street 24 (NASDAQ:PEGI)
wallstrt24.com - September 25 at 5:59 PM
4-traders.com logoPattern Energy : Commits To 50% Stake In Ontarios Armow Wind (NASDAQ:PEGI)
www.4-traders.com - September 24 at 11:07 AM
News IconStocks Luring Active Investors: Fiat Chrysler Automobiles (NYSE:FCAU), Pattern Energy (PEGI), Amkor Technology ... - Street Wise Report (press release) (blog) (NASDAQ:PEGI)
streetwisereport.com - September 23 at 6:13 PM
News IconPattern Energy to take 50% interest in 180-MW Armow wind farm (NASDAQ:PEGI)
renewables.seenews.com - September 23 at 11:28 AM
streetinsider.com logoPattern Energy (PEGI) to Take 80-MW Stake in Armow Wind Facility (NASDAQ:PEGI)
www.streetinsider.com - September 23 at 11:28 AM
seekingalpha.com logoPattern Energy to buy stake in Armow Wind power facility (NASDAQ:PEGI)
seekingalpha.com - September 23 at 11:28 AM
biz.yahoo.com logoPATTERN ENERGY GROUP INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Ex (NASDAQ:PEGI)
biz.yahoo.com - September 23 at 11:28 AM
finance.yahoo.com logoPattern Energy (PEGI) to Acquire Stake in Armow Wind Farm (NASDAQ:PEGI)
finance.yahoo.com - September 23 at 11:28 AM
streetinsider.com logoPattern Energy (PEGI) to Take 80-MW Stake in Armow Wind Facility - StreetInsider.com (NASDAQ:PEGI)
www.streetinsider.com - September 22 at 6:23 PM
publicnow.com logoPattern Energy to Acquire Interest in Armow Wind Power Facility (NASDAQ:PEGI)
www.publicnow.com - September 22 at 6:23 PM
News IconStock Perspective: Pattern Energy Group Inc. (NASDAQ:PEGI) Company Earnings Watch - Frisco Fastball (NASDAQ:PEGI)
friscofastball.com - September 22 at 11:32 AM
finance.yahoo.com logoPattern Energy faces downside position (NASDAQ:PEGI)
finance.yahoo.com - September 20 at 12:00 PM
News IconShares With Gains Over the Past Half Year: Pattern Energy Group Inc. (NASDAQ:PEGI) - Post News (NASDAQ:PEGI)
www.kentuckypostnews.com - September 19 at 11:12 AM
capitalcube.com logoPattern Energy Group, Inc. – Value Analysis (NASDAQ:PEGI) : September 13, 2016 (NASDAQ:PEGI)
www.capitalcube.com - September 14 at 11:01 AM
4-traders.com logoPattern Energy : Panhandle Wind Awards $25,000 To Panhandle ISD In Second Grant Cycle (NASDAQ:PEGI)
www.4-traders.com - September 13 at 11:36 AM
News IconEarnings Take Center Stage; Analysts Weighing in on Pattern Energy Group Inc. (NASDAQ:PEGI) - Frisco Fastball (NASDAQ:PEGI)
friscofastball.com - September 12 at 6:25 PM
capitalcube.com logoPattern Energy Group, Inc. breached its 50 day moving average in a Bearish Manner : PEGI-US : September 12, 2016 (NASDAQ:PEGI)
www.capitalcube.com - September 12 at 11:20 AM
News IconThe Sell-side Consensus is in on Pattern Energy Group Inc. (NASDAQ:PEGI); Earnings & Target Updates (NASDAQ:PEGI)
www.nationaldailypress.com - September 9 at 6:22 PM
streetinsider.com logoUPDATE: Oppenheimer Starts Pattern Energy Group (PEGI) at Outperform (NASDAQ:PEGI)
www.streetinsider.com - September 9 at 6:22 PM
News IconThe Sell-side Consensus is in on Pattern Energy Group Inc. (NASDAQ:PEGI); Earnings & Target Updates - National Daily Press (NASDAQ:PEGI)
www.nationaldailypress.com - September 9 at 11:30 AM
streetinsider.com logoUPDATE: Oppenheimer Starts Pattern Energy Group (PEGI) at Outperform - StreetInsider.com (NASDAQ:PEGI)
www.streetinsider.com - September 8 at 6:29 PM
capitalcube.com logoETF’s with exposure to Pattern Energy Group, Inc. : August 31, 2016 (NASDAQ:PEGI)
www.capitalcube.com - August 31 at 11:52 AM
capitalcube.com logoPattern Energy Group, Inc. breached its 50 day moving average in a Bullish Manner : PEGI-US : August 30, 2016 (NASDAQ:PEGI)
www.capitalcube.com - August 30 at 10:03 AM
4-traders.com logoPattern Energy : Announces Closing of Over-Allotment Option for Class A Common Stock (NASDAQ:PEGI)
www.4-traders.com - August 24 at 6:31 PM
4-traders.com logoPATTERN ENERGY GROUP INC. : Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:PEGI)
www.4-traders.com - August 22 at 11:22 AM
publicnow.com logoPattern Energy Announces Closing of Over-Allotment Option for Class A Common Stock (NASDAQ:PEGI)
www.publicnow.com - August 22 at 11:22 AM
istreetwire.com logoStocks Movement Analysis: Pattern Energy Group Inc (NASDAQ ... - iStreetWire (NASDAQ:PEGI)
istreetwire.com - August 20 at 6:26 PM
News IconIt's Earnings Time: What to Do with Pattern Energy Group Inc. (NASDAQ:PEGI) Stock - The Voice Registrar (NASDAQ:PEGI)
voiceregistrar.com - August 17 at 7:03 PM
News IconPattern Energy Group Inc. (NASDAQ:PEGI) Near to Lift Curtain on September 2016 Earnings - The Voice Registrar (NASDAQ:PEGI)
voiceregistrar.com - August 17 at 7:03 PM
capitalcube.com logoPattern Energy Group, Inc. breached its 50 day moving average in a Bearish Manner : PEGI-US : August 17, 2016 (NASDAQ:PEGI)
www.capitalcube.com - August 17 at 9:48 AM
streetinsider.com logoPattern Energy (PEGI) Affirms Talks to Take Stake in Ontario-Located Armow Wind Power Facility - StreetInsider.com (NASDAQ:PEGI)
www.streetinsider.com - August 16 at 6:54 PM
finance.yahoo.com logo4:32 pm Pattern Energy says in discussions to acquire a 90 MW interest in the 180 MW Armow Wind power facility in Ontario from Pattern Energy Group LP (NASDAQ:PEGI)
finance.yahoo.com - August 16 at 6:54 PM
publicnow.com logoPattern Energy Announces It is in Discussions to Acquire Interest in Armow Wind Power Facility in Ontario (NASDAQ:PEGI)
www.publicnow.com - August 16 at 6:54 PM
News IconTraders Recap: Pattern Energy Group Inc (NASDAQ:PEGI), Celanese Corporation (NYSE:CE) - NYSE Journal (press release) (NASDAQ:PEGI)
stockznews.com - August 16 at 10:01 AM
News IconUPDATE - Pattern Energy closes USD-239m share sale (NASDAQ:PEGI)
renewables.seenews.com - August 12 at 6:54 PM
forbes.com logoPEGI Added as Top 10 Utility Dividend Stock With 6.70% Yield (NASDAQ:PEGI)
www.forbes.com - August 12 at 9:57 AM
publicnow.com logoPattern Energy Announces Closing of Public Offering of Class A Common Stock (NASDAQ:PEGI)
www.publicnow.com - August 12 at 9:56 AM
forbes.com logoInvestors Grab PEGI Even Cheaper Than Its Secondary Stock Offering (NASDAQ:PEGI)
www.forbes.com - August 11 at 7:15 PM
capitalcube.com logoETF’s with exposure to Pattern Energy Group, Inc. : August 11, 2016 (NASDAQ:PEGI)
www.capitalcube.com - August 11 at 7:15 PM
News IconHot Stocks in Focus: Pattern Energy Group Inc (NASDAQ:PEGI ... - NYSE Journal (press release) (NASDAQ:PEGI)
stockznews.com - August 9 at 7:02 PM
nasdaq.com logoPattern Energy (PEGI) Beats Earnings, Misses on Revenues - Nasdaq (NASDAQ:PEGI)
www.nasdaq.com - August 9 at 7:02 PM

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Pattern Energy Group (NASDAQ:PEGI) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff