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

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

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 dividend on an annualized basis and a dividend yield of 9.65%. The ex-dividend date is Thursday, June 28th. View Pattern Energy Group's Dividend History.

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 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% compared to the same quarter last year. During the same period in the prior year, the business posted $0.06 EPS. View Pattern Energy Group's Earnings History.

Pattern Energy Group is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Pattern Energy Group.

12 analysts have issued 12 month price objectives for Pattern Energy Group's shares. Their forecasts range from $17.00 to $26.50. On average, they expect Pattern Energy Group's share price to reach $22.7727 in the next twelve months. This suggests a possible upside of 30.2% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Pattern Energy Group include Great Plains Energy (GXP), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), CENTRAIS ELETRI/S (EBR), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), IDACORP (IDA), Algonquin Power & Utilities (AQN), Portland General Electric (POR), Hawaiian Electric Industries (HE), NRG Yield Inc Class C (NYLD), Black Hills (BKH), PNM Resources (PNM) and Pampa Energia (PAM).

Headlines about PEGI stock have been trending somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pattern Energy Group earned a news impact score of 0.08 on Accern's scale. They also assigned news headlines about the utilities provider an impact score of 47.58 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Pattern Energy Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PATTERN RENEWABLES LP (6.20%), Miller Howard Investments Inc. NY (0.36%), Daiwa SB Investments Ltd. (0.31%), Nisa Investment Advisors LLC (0.06%), Bank of Montreal Can (0.06%) and Narwhal Capital Management (0.05%). 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.

PEGI stock was sold by a variety of institutional investors in the last quarter, including Narwhal Capital Management, Bank of Montreal Can and Miller Howard Investments Inc. NY. 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.

PEGI stock was acquired by a variety of institutional investors in the last quarter, including Daiwa SB Investments Ltd., Nisa Investment Advisors LLC and Xact Kapitalforvaltning AB. 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.

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 $17.49.

Pattern Energy Group has a market capitalization of $1.76 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.

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]