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 Tuesday, November 6th. Shareholders of record on Monday, December 31st will be paid a dividend of $0.422 per share on Thursday, January 31st. This represents a $1.69 dividend on an annualized basis and a yield of 8.41%. The ex-dividend date of this dividend is Friday, December 28th. View Pattern Energy Group's Dividend History.

Pattern Energy Group Inc (NASDAQ:PEGI) posted its quarterly earnings results on Monday, November, 5th. The utilities provider reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.09. The utilities provider earned $118.39 million during the quarter, compared to the consensus estimate of $117.22 million. Pattern Energy Group had a net margin of 30.81% and a return on equity of 7.35%. The company's revenue was up 28.6% on a year-over-year basis. During the same period last year, the business earned ($0.34) earnings per share. View Pattern Energy Group's Earnings History.

Pattern Energy Group is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Pattern Energy Group.

12 equities research analysts have issued 12-month price objectives for Pattern Energy Group's stock. Their forecasts range from $18.50 to $25.00. On average, they anticipate Pattern Energy Group's share price to reach $22.20 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets 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 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pattern Energy Group.

News headlines about PEGI stock have trended positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. 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 media sentiment score of 2.8 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 7.0 out of 10, meaning that recent news coverage is 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), Enel Chile (ENIC), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP), CEMIG (CIG), IDACORP (IDA), Enel Generacion Chile (EOCC), Portland General Electric (POR), Hawaiian Electric Industries (HE), Black Hills (BKH), PNM Resources (PNM), Clearway Energy (CWEN), Ormat Technologies (ORA), Pampa Energia (PAM) and Companhia Paranaense de Energia (ELP).

Pattern Energy Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Daiwa SB Investments Ltd. (0.53%) and Corrado Advisors LLC (0.02%). Company insiders that own Pattern Energy Group stock include 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.

PEGI stock was sold by a variety of institutional investors in the last quarter, including Daiwa SB Investments Ltd. and Corrado Advisors LLC. 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 $20.06.

Pattern Energy Group has a market capitalization of $1.91 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.

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

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]