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 declared a quarterly dividend on Thursday, May 10th. Shareholders of record on Friday, June 29th will be given a dividend of $0.422 per share on Tuesday, July 31st. This represents a $1.69 annualized dividend and a yield of 9.40%. The ex-dividend date is Thursday, June 28th. View Pattern Energy Group's Dividend History.

Pattern Energy Group Inc (NASDAQ:PEGI) announced its quarterly earnings results on Thursday, May, 10th. The utilities provider reported $1.32 earnings per share for the quarter, topping the consensus estimate of $0.15 by $1.17. The utilities provider had revenue of $111.66 million for the quarter, compared to the consensus estimate of $137.25 million. Pattern Energy Group had a net margin of 26.62% and a return on equity of 6.17%. The company's quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.06 earnings per share. 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 Wall Street analysts have issued twelve-month target prices for Pattern Energy Group's stock. Their forecasts range from $17.00 to $26.50. On average, they anticipate Pattern Energy Group's share price to reach $22.7727 in the next year. This suggests a possible upside of 26.8% 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), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP), CENTRAIS ELETRI/S (EBR), 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).

Press coverage about PEGI stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pattern Energy Group earned a news sentiment score of 0.08 on Accern's scale. They also gave news coverage about the utilities provider an impact score of 45.48 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.

Pattern Energy Group's stock is owned by many different of retail and institutional investors. Top institutional investors 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 purchased 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 $17.96.

Pattern Energy Group has a market capitalization of $1.75 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]