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

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$20.91 -0.09 (-0.43 %)
(As of 12/14/2018 01:04 AM ET)
Previous Close$21.00
Today's Range$20.90 - $21.2497
52-Week Range$16.58 - $22.18
Volume784,827 shs
Average Volume1.07 million shs
Market Capitalization$2.07 billion
P/E Ratio110.05
Dividend Yield8.00%
Beta1.08
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

Stock Exchange NASDAQ
Industry Electric services
Sub-IndustryN/A
SectorUtilities
Current SymbolNASDAQ:PEGI
Previous Symbol
CUSIPN/A
Phone415-283-4000

Debt

Debt-to-Equity Ratio0.97
Current Ratio0.54
Quick Ratio0.54

Price-To-Earnings

Trailing P/E Ratio110.05
Forward P/E Ratio14.73
P/E Growth0.5

Sales & Book Value

Annual Sales$411.34 million
Price / Sales4.99
Cash Flow$2.3468 per share
Price / Cash Flow8.91
Book Value$24.00 per share
Price / Book0.87

Profitability

EPS (Most Recent Fiscal Year)$0.19
Net Income$-17,900,000.00
Net Margins30.81%
Return on Equity7.35%
Return on Assets3.20%

Miscellaneous

Employees210
Outstanding Shares98,100,000
Market Cap$2.07 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 announced a quarterly dividend on Tuesday, November 6th. Stockholders of record on Monday, December 31st will be paid 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 8.07%. 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) announced its quarterly earnings results on Monday, November, 5th. The utilities provider reported ($0.13) EPS for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.09. The utilities provider had revenue of $118.39 million for the quarter, compared to the consensus estimate of $117.22 million. Pattern Energy Group had a return on equity of 7.35% and a net margin of 30.81%. The business's quarterly revenue was up 28.6% compared to the same quarter last year. During the same quarter last year, the company earned ($0.34) earnings per share. 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 brokerages have issued twelve-month target prices for Pattern Energy Group's stock. Their predictions range from $17.00 to $25.00. On average, they expect Pattern Energy Group's share price to reach $22.05 in the next twelve months. This suggests a possible upside of 5.5% 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 1 sell rating, 4 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 positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pattern Energy Group earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

Are investors shorting Pattern Energy Group?

Pattern Energy Group saw a decrease in short interest in November. As of November 15th, there was short interest totalling 13,111,499 shares, a decrease of 13.3% from the October 31st total of 15,130,459 shares. Based on an average daily volume of 1,818,693 shares, the days-to-cover ratio is currently 7.2 days. Currently, 13.6% of the company's stock are short sold. View Pattern Energy Group's Current Options Chain.

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 number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.56%), Vanguard Group Inc (8.56%), BlackRock Inc. (6.53%), CI Investments Inc. (5.74%), Brookfield Asset Management Inc. (2.00%) and Dimensional Fund Advisors LP (1.98%). 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 major investors are selling Pattern Energy Group stock?

PEGI stock was sold by a variety of institutional investors in the last quarter, including Riverstone Holdings LLC, Carlyle Group L.P., Wells Fargo & Company MN, BlackRock Inc., Morgan Stanley, TIAA CREF Investment Management LLC, American National Insurance Co. TX and Brookfield Asset Management Inc.. View Insider Buying and Selling for Pattern Energy Group.

Which major investors are buying Pattern Energy Group stock?

PEGI stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Vanguard Group Inc, Vanguard Group Inc., Daiwa SB Investments Ltd., Panagora Asset Management Inc., James Investment Research Inc., Bowling Portfolio Management LLC and Advisors Asset Management Inc.. 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 $20.91.

How big of a company is Pattern Energy Group?

Pattern Energy Group has a market capitalization of $2.07 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:  395 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  678
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 12/14/2018 by MarketBeat.com Staff

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