NASDAQ:PEGI - Pattern Energy Group Stock Price, Price Target & More

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$19.09 +0.05 (+0.26 %)
(As of 06/25/2018 11:43 AM ET)
Previous Close$19.18
Today's Range$18.96 - $19.18
52-Week Range$16.58 - $26.56
Volume13,336 shs
Average Volume773,528 shs
Market Capitalization$1.87 billion
P/E Ratio100.21
Dividend Yield8.87%
Beta0.96
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

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

Debt

Debt-to-Equity Ratio0.93
Current Ratio0.68
Quick Ratio0.68

Price-To-Earnings

Trailing P/E Ratio100.21
Forward P/E Ratio23.57
P/E Growth1.19

Sales & Book Value

Annual Sales$411.34 million
Price / Sales4.55
Cash Flow$2.3744 per share
Price / Cash8.04
Book Value$24.00 per share
Price / Book0.80

Profitability

EPS (Most Recent Fiscal Year)$0.19
Net Income$-17,900,000.00
Net Margins26.62%
Return on Equity6.17%
Return on Assets2.84%

Miscellaneous

Employees210
Outstanding Shares98,100,000

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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 announced a quarterly dividend on Thursday, May 10th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.422 per share on Tuesday, July 31st. This represents a $1.69 annualized dividend and a dividend yield of 8.83%. The ex-dividend date of this dividend is Thursday, June 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 quarterly earnings data on Thursday, May, 10th. The utilities provider reported $1.32 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.15 by $1.17. The utilities provider earned $111.66 million during the quarter, compared to analysts' expectations of $137.25 million. Pattern Energy Group had a return on equity of 6.17% and a net margin of 26.62%. The firm's revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.06 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 Tuesday, August, 14th 2018. View Earnings Estimates for Pattern Energy Group.

What price target have analysts set for PEGI?

12 brokerages have issued 12 month price objectives for Pattern Energy Group's stock. Their predictions range from $17.00 to $26.50. On average, they expect Pattern Energy Group's share price to reach $22.7727 in the next year. 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 & Gen. Counsel (Age 60)
  • Mr. Hunter H. Armistead, Exec. VP of Bus. Devel. (Age 49)

Has Pattern Energy Group been receiving favorable news coverage?

News stories about PEGI stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pattern Energy Group earned a coverage optimism score of 0.16 on Accern's scale. They also assigned media stories about the utilities provider an impact score of 45.82 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Pattern Energy Group's major shareholders?

Pattern Energy Group's stock is owned by many different of institutional and retail investors. Top institutional investors include PATTERN RENEWABLES LP (7.30%), BlackRock Inc. (6.27%), PATTERN RENEWABLES LP (6.20%), CI INVESTMENTS INC. (5.18%), CI Investments Inc. (5.10%) and Brookfield Asset Management Inc. (2.39%). Company insiders that own Pattern Energy Group stock include Alan R Batkin, Christopher M Shugart, Daniel M Elkort, Douglas G Hall, Eric S Lillybeck, Esben W Pedersen, Kevin E Devlin, Lord Of Madingley Browne, 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 Russell Investments Group Ltd., BNP Paribas Arbitrage SA, Atlantic Trust Group LLC, Brookfield Asset Management Inc., Nuveen Asset Management LLC, The Manufacturers Life Insurance Company , Sei Investments Co. and Capital Advisors Inc. OK. Company insiders that have sold Pattern Energy Group company stock in the last year include Christopher M Shugart, Daniel M Elkort 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 acquired by a variety of institutional investors in the last quarter, including CI Investments Inc., Robecosam AG, Global X Management Co. LLC, Ostrum Asset Management, Advisors Capital Management LLC, Sentry Investments Corp., Great West Life Assurance Co. Can and BlackRock Inc.. Company insiders that have bought Pattern Energy Group stock in the last two years include Alan R Batkin, Douglas G Hall, Kevin E Devlin, Lord Of Madingley Browne 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 $19.12.

How big of a company is Pattern Energy Group?

Pattern Energy Group has a market capitalization of $1.87 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 (PEGI)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  324 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  532
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 6/25/2018 by MarketBeat.com Staff

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