About Pattern Energy Group (NASDAQ:PEGI)
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.
Industry, Sector and Symbol
Industry Electric services
Trailing P/E Ratio101.84
Forward P/E Ratio23.89
Sales & Book Value
Annual Sales$411.34 million
Price / Sales4.61
Cash Flow$2.3684 per share
Price / Cash8.17
Book Value$24.00 per share
Price / Book0.81
EPS (Most Recent Fiscal Year)$0.19
Return on Equity6.17%
Return on Assets2.84%
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 Thursday, May 10th. Shareholders 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 dividend on an annualized basis and a yield of 8.72%. 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 analyst estimates of $137.25 million. Pattern Energy Group had a return on equity of 6.17% and a net margin of 26.62%. The company's revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.06 EPS. View Pattern Energy Group's Earnings History.
When is Pattern Energy Group's next earnings date?
What price target have analysts set for PEGI?
13 brokerages have issued 12-month price targets for Pattern Energy Group's shares. Their forecasts range from $17.00 to $26.50. On average, they anticipate Pattern Energy Group's share price to reach $22.9583 in the next year. View Analyst Ratings for Pattern Energy Group.
Who are some of Pattern Energy Group's key competitors?
Some companies that are related to Pattern Energy Group include Great Plains Energy (GXP), OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), Enel Generacion Chile (EOCC), CPFL Energia (CPL), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), CENTRAIS ELETRI/S (EBR), Algonquin Power & Utilities (AQN), IDACORP (IDA), Portland General Electric (POR), Hawaiian Electric Industries (HE), Pampa Energia (PAM), NRG Yield Inc Class C (NYLD) and Black Hills (BKH).
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 headlines about PEGI stock have been trending somewhat positive on Sunday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news 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 news sentiment score of 0.15 on Accern's scale. They also assigned press coverage about the utilities provider an impact score of 46.46 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
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 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 institutional 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, Esben W Pedersen and Renewable Energy Gp Ii L R/C. View Insider Buying and Selling for Pattern Energy Group.
Which institutional 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 $19.35.
How big of a company is Pattern Energy Group?
Pattern Energy Group has a market capitalization of $1.90 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)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.