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

Pattern Energy Group's stock was trading at $26.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PEGI shares have decreased by 0.0% and is now trading at $26.74. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pattern Energy Group in the last year. There are currently 1 sell rating and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Pattern Energy Group.

Pattern Energy Group is scheduled to release its next quarterly earnings announcement on Friday, May 8th 2020. View our earnings forecast for Pattern Energy Group.

Pattern Energy Group Inc (NASDAQ:PEGI) issued its quarterly earnings results on Monday, March, 2nd. The utilities provider reported $0.54 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.52. The utilities provider earned $147 million during the quarter, compared to analysts' expectations of $137.54 million. Pattern Energy Group had a negative return on equity of 1.52% and a negative net margin of 5.73%. The business's revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.15) earnings per share. View Pattern Energy Group's earnings history.

Pattern Energy Group announced a quarterly dividend on Monday, March 2nd. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.422 per share on Thursday, April 30th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.31%. The ex-dividend date is Monday, March 30th. View Pattern Energy Group's dividend history.

7 brokers have issued 12-month price targets for Pattern Energy Group's shares. Their forecasts range from $23.50 to $27.00. On average, they anticipate Pattern Energy Group's share price to reach $25.94 in the next year. This suggests that the stock has a possible downside of 3.0%. View analysts' price targets for Pattern Energy Group.

Media coverage about PEGI stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media 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 media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutPattern Energy Group.

Some companies that are related to Pattern Energy Group include Korea Electric Power (KEP), RED ELECTRICA C/ADR (RDEIY), Pinnacle West Capital (PNW), Vistra Energy (VST), Brookfield Renewable Partners (BEP), CenterPoint Energy (CNP), NRG Energy (NRG), ENGIE BRASIL EN/S (EGIEY), Enel Americas (ENIA), Algonquin Power & Utilities (AQN), CENTRAIS ELETRI/S (EBR.B), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), CENTRAIS ELETRI/S (EBR) and Huaneng Power International Inc ADR Class N (HNP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pattern Energy Group investors own include AT&T (T), Energy Transfer LP Unit (ET), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD), Hannon Armstrong Sustnbl Infrstr Cap (HASI), New Residential Investment (NRZ), Exxon Mobil (XOM), Enbridge (ENB) and Iron Mountain (IRM).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of PEGI stock can currently be purchased for approximately $26.74.

Pattern Energy Group has a market capitalization of $2.63 billion and generates $541 million in revenue each year. The utilities provider earns $-31,000,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis. Pattern Energy Group employs 209 workers across the globe. View additional information about Pattern Energy Group.

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]