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

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

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.

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.

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 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.

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 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.

Some companies that are related to Pattern Energy Group include Enel Chile (ENIC), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP), IDACORP (IDA), CEMIG (CIG), 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), CENTRAIS ELETRI/S (EBR.B) and TerraForm Power (TERP).

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.

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.

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.

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 $1.97 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.

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]