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

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

Pattern Energy Group announced a quarterly dividend on Monday, March 4th. Investors of record on Friday, March 29th will be given a dividend of $0.422 per share on Tuesday, April 30th. This represents a $1.69 dividend on an annualized basis and a yield of 7.64%. The ex-dividend date is Thursday, March 28th. View Pattern Energy Group's Dividend History.

Pattern Energy Group Inc (NASDAQ:PEGI) posted its earnings results on Friday, March, 1st. The utilities provider reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.34. The utilities provider earned $113 million during the quarter, compared to analyst estimates of $139.72 million. Pattern Energy Group had a return on equity of 6.45% and a net margin of 29.62%. The business's revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm earned ($0.08) earnings per share. View Pattern Energy Group's Earnings History.

Pattern Energy Group is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Pattern Energy Group.

9 Wall Street analysts have issued twelve-month target prices for Pattern Energy Group's shares. Their predictions range from $18.50 to $25.00. On average, they anticipate Pattern Energy Group's stock price to reach $22.1667 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price. View Analyst Price Targets for Pattern Energy Group.

9 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pattern Energy Group.

News headlines about PEGI stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pattern Energy Group earned a news impact score of 0.8 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.

Some companies that are related to Pattern Energy Group include CPFL Energia (CPL), Brookfield Renewable Partners (BEP), Algonquin Power & Utilities (AQN), IDACORP (IDA), Enel Chile (ENIC), Portland General Electric (POR), Enel Generacion Chile (EOCC), CEMIG (CIG), Hawaiian Electric Industries (HE), Black Hills (BKH), PNM Resources (PNM), TerraForm Power (TERP), Clearway Energy (CWEN), Ormat Technologies (ORA) and Nextera Energy Partners (NEP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pattern Energy Group investors own include AT&T (T), New Residential Investment (NRZ), Ares Capital (ARCC), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Iron Mountain (IRM), Uniti Group (UNIT), Verizon Communications (VZ), Buckeye Partners (BPL) and Realty Income (O).

Pattern Energy Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.91%), CI Investments Inc. (5.70%), Rare Infrastructure Ltd (2.83%), Dimensional Fund Advisors LP (2.07%), Dimensional Fund Advisors LP (2.07%) and Beach Investment Counsel Inc. PA (1.73%). Company insiders that own Pattern Energy Group stock include Christopher M Shugart, Daniel M Elkort, Douglas G Hall, Esben W Pedersen, Kevin E Devlin and Renewable Energy Gp Ii L R/C. View Institutional Ownership Trends for Pattern Energy Group.

PEGI stock was sold by a variety of institutional investors in the last quarter, including Rare Infrastructure Ltd, Premier Fund Managers Ltd, Millennium Management LLC, Intact Investment Management Inc., James Investment Research Inc., New York State Common Retirement Fund, CI Investments Inc. and Beach Investment Counsel Inc. PA. Company insiders that have sold Pattern Energy Group company stock in the last year include Christopher M Shugart, Esben W Pedersen and Kevin E Devlin. View Insider Buying and Selling for Pattern Energy Group.

PEGI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Northern Trust Corp, B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund, BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC, Robecosam AG and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for 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.

One share of PEGI stock can currently be purchased for approximately $22.08.

Pattern Energy Group has a market capitalization of $2.17 billion and generates $483 million in revenue each year. The utilities provider earns $142 million in net income (profit) each year or $1.45 on an earnings per share basis.

The official website for Pattern Energy Group is http://www.patternenergy.com.

Pattern Energy Group's mailing address is 1088 SANSOME STREET, SAN FRANCISCO CA, 94111. The utilities provider can be reached via phone at 415-283-4000 or via email at [email protected]