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

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$20.06 -0.18 (-0.89 %)
(As of 01/20/2019 04:00 PM ET)
Previous Close$20.06
Today's Range$19.88 - $20.43
52-Week Range$16.58 - $21.93
Volume1.41 million shs
Average Volume1.01 million shs
Market Capitalization$1.97 billion
P/E Ratio105.58
Dividend Yield8.41%
Beta0.94
Pattern 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$411.34 million
Cash Flow$2.3684 per share
Book Value$24.00 per share

Profitability

Net Income$-17,900,000.00

Miscellaneous

Employees210
Market Cap$1.97 billion
OptionableOptionable

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

How were Pattern Energy Group's earnings last quarter?

Pattern Energy Group Inc (NASDAQ:PEGI) issued its earnings results on Monday, November, 5th. The utilities provider reported ($0.13) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.09. The utilities provider earned $118.39 million during the quarter, compared to analyst estimates of $117.22 million. Pattern Energy Group had a net margin of 30.81% and a return on equity of 7.35%. The business's revenue for the quarter was up 28.6% on a year-over-year basis. During the same period last year, the firm earned ($0.34) 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, March 7th 2019. View Earnings Estimates for Pattern Energy Group.

What price target have analysts set for PEGI?

12 brokers have issued twelve-month target prices for Pattern Energy Group's shares. Their predictions range from $18.50 to $25.00. On average, they expect 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.

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 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pattern Energy Group.

Has Pattern Energy Group been receiving favorable news coverage?

News coverage about PEGI stock has trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog 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 sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

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)

Who are Pattern Energy Group's major shareholders?

Pattern Energy Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Advisors Capital Management LLC (0.59%), Daiwa SB Investments Ltd. (0.53%), Nisa Investment Advisors LLC (0.08%) 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.

Which institutional investors are selling Pattern Energy Group stock?

PEGI stock was sold by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, Daiwa SB Investments Ltd. and Corrado Advisors LLC. View Insider Buying and Selling for Pattern Energy Group.

Which institutional investors are buying Pattern Energy Group stock?

PEGI stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC. Company insiders that have bought Pattern Energy Group stock in the last two years include 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 $20.06.

How big of a company is Pattern Energy Group?

Pattern Energy Group has a market capitalization of $1.97 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.

What is Pattern Energy Group's official website?

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

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:  404 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  697
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 1/20/2019 by MarketBeat.com Staff

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