NASDAQ:PEGI - Pattern Energy Group Stock Price, News, & Analysis

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$20.48 +0.03 (+0.15 %)
(As of 09/21/2018 04:04 AM ET)
Previous Close$20.45
Today's Range$20.36 - $20.72
52-Week Range$16.58 - $26.55
Volume951,000 shs
Average Volume1.05 million shs
Market Capitalization$2.03 billion
P/E Ratio107.79
Dividend Yield8.14%
Beta0.97
Pattern Energy Group logoPattern Energy Group Inc., an independent power company, focuses on the construction, ownership, and operation of various power projects in the United States, Canada, and Chile. It holds interests in various wind and solar power projects. The company sells electricity and renewable energy credits primarily to local utilities and local liquid independent system organizations markets. Pattern Energy Group Inc. was founded in 2012 and is headquartered in San Francisco, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Electric services
Sub-IndustryN/A
SectorUtilities
SymbolNASDAQ:PEGI
CUSIPN/A
Phone415-283-4000

Debt

Debt-to-Equity Ratio0.86
Current Ratio0.91
Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio107.79
Forward P/E Ratio13.65
P/E Growth0.47

Sales & Book Value

Annual Sales$411.34 million
Price / Sales4.88
Cash Flow$2.3406 per share
Price / Cash8.75
Book Value$24.00 per share
Price / Book0.85

Profitability

EPS (Most Recent Fiscal Year)$0.19
Net Income$-17,900,000.00
Net Margins28.80%
Return on Equity6.91%
Return on Assets3.09%

Miscellaneous

Employees210
Outstanding Shares98,100,000
Market Cap$2.03 billion

Pattern Energy Group (NASDAQ:PEGI) Frequently Asked Questions

What is Pattern Energy Group's stock symbol?

Pattern Energy Group trades on the NASDAQ under the ticker symbol "PEGI."

How often does Pattern Energy Group pay dividends? What is the dividend yield for Pattern Energy Group?

Pattern Energy Group declared a quarterly dividend on Friday, August 10th. Stockholders of record on Friday, September 28th will be given a dividend of $0.422 per share on Wednesday, October 31st. This represents a $1.69 annualized dividend and a dividend yield of 8.24%. The ex-dividend date of this dividend is Thursday, September 27th. View Pattern Energy Group's Dividend History.

How were Pattern Energy Group's earnings last quarter?

Pattern Energy Group Inc (NASDAQ:PEGI) announced its quarterly earnings data on Thursday, August, 9th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.26. The utilities provider had revenue of $136 million for the quarter, compared to analyst estimates of $141.20 million. Pattern Energy Group had a return on equity of 6.91% and a net margin of 28.80%. The firm's quarterly revenue was up 26.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.16 EPS. View Pattern Energy Group's Earnings History.

When is Pattern Energy Group's next earnings date?

Pattern Energy Group is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Pattern Energy Group.

What price target have analysts set for PEGI?

12 equities research analysts have issued 1 year price targets for Pattern Energy Group's shares. Their forecasts range from $17.00 to $26.50. On average, they anticipate Pattern Energy Group's share price to reach $22.4091 in the next year. This suggests a possible upside of 9.4% from the stock's current price. View Analyst Price Targets for Pattern Energy Group.

What is the consensus analysts' recommendation for Pattern Energy Group?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pattern Energy Group in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pattern Energy Group.

Who are some of Pattern Energy Group's key competitors?

Who are Pattern Energy Group's key executives?

Pattern Energy Group's management team includes the folowing people:
  • Mr. Michael M. Garland, CEO, Pres & Director (Age 67)
  • Mr. Michael J. Lyon, Chief Financial Officer (Age 59)
  • Mr. Esben W. Pedersen, Chief Investment Officer (Age 45)
  • Mr. Daniel M. Elkort, Exec. VP & Chief Legal Officer (Age 60)
  • Mr. Hunter H. Armistead, Exec. VP of Bus. Devel. (Age 49)

Has Pattern Energy Group been receiving favorable news coverage?

News articles about PEGI stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pattern Energy Group earned a news impact score of 0.18 on Accern's scale. They also gave headlines about the utilities provider an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Pattern Energy Group.

Who are Pattern Energy Group's major shareholders?

Pattern Energy Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.73%), Riverstone Holdings LLC (5.23%), Carlyle Group L.P. (5.23%), Dimensional Fund Advisors LP (1.95%), Morgan Stanley (1.89%) and Beach Investment Counsel Inc. PA (1.75%). Company insiders that own Pattern Energy Group stock include Alan R Batkin, Christopher M Shugart, Daniel M Elkort, Douglas G Hall, Esben W Pedersen, Patricia S Bellinger and Renewable Energy Gp Ii L R/C. View Institutional Ownership Trends for Pattern Energy Group.

Which major investors are selling Pattern Energy Group stock?

PEGI stock was sold by a variety of institutional investors in the last quarter, including Riverstone Holdings LLC, Carlyle Group L.P., Advisors Asset Management Inc., Advisors Asset Management Inc., Great West Life Assurance Co. Can, Morgan Stanley, Narwhal Capital Management and K2 Principal Fund L.P.. Company insiders that have sold Pattern Energy Group company stock in the last year include Christopher M Shugart and Esben W Pedersen. View Insider Buying and Selling for Pattern Energy Group.

Which major investors are buying Pattern Energy Group stock?

PEGI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., HITE Hedge Asset Management LLC, Standard Life Aberdeen plc, Intact Investment Management Inc., Daiwa SB Investments Ltd., Canada Pension Plan Investment Board, Schwab Charles Investment Management Inc. and Sterling Capital Management LLC. Company insiders that have bought Pattern Energy Group stock in the last two years include Alan R Batkin, Douglas G Hall and Patricia S Bellinger. View Insider Buying and Selling for Pattern Energy Group.

How do I buy shares of Pattern Energy Group?

Shares of PEGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Pattern Energy Group's stock price today?

One share of PEGI stock can currently be purchased for approximately $20.48.

How big of a company is Pattern Energy Group?

Pattern Energy Group has a market capitalization of $2.03 billion and generates $411.34 million in revenue each year. The utilities provider earns $-17,900,000.00 in net income (profit) each year or $0.19 on an earnings per share basis. Pattern Energy Group employs 210 workers across the globe.

How can I contact Pattern Energy Group?

Pattern Energy Group's mailing address is PIER 1 BAY 3, SAN FRANCISCO CA, 94111. The utilities provider can be reached via phone at 415-283-4000 or via email at [email protected]


MarketBeat Community Rating for Pattern Energy Group (NASDAQ PEGI)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  371 (Vote Outperform)
Underperform Votes:  263 (Vote Underperform)
Total Votes:  634
MarketBeat's community ratings are surveys of what our community members think about Pattern Energy Group and other stocks. Vote "Outperform" if you believe PEGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2018 by MarketBeat.com Staff

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