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. 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 8.75%. The ex-dividend date of this dividend 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 Zacks' 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%. Pattern Energy Group's quarterly revenue was up 28.6% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.34) earnings per share. 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 Wall Street analysts have issued 1 year target prices for Pattern Energy Group's stock. Their forecasts range from $17.00 to $26.50. On average, they expect Pattern Energy Group's stock price to reach $22.6364 in the next twelve months. This suggests a possible upside of 17.3% 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 1 sell rating, 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pattern Energy Group.

Press coverage about PEGI stock has trended somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Pattern Energy Group earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term.

Some companies that are related to Pattern Energy Group include OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), Great Plains Energy (GXP), Brookfield Renewable Partners (BEP), IDACORP (IDA), Algonquin Power & Utilities (AQN), Enel Generacion Chile (EOCC), Enel Chile (ENIC), Portland General Electric (POR), Hawaiian Electric Industries (HE), Black Hills (BKH), Clearway Energy (CWEN), CEMIG (CIG) and PNM Resources (PNM).

Pattern Energy Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.53%), CI Investments Inc. (5.74%), Dimensional Fund Advisors LP (1.98%), Beach Investment Counsel Inc. PA (1.77%), Robecosam AG (1.20%) and Mirae Asset Global Investments Co. Ltd. (1.05%). Company insiders that own Pattern Energy Group stock include Alan R Batkin, 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 Riverstone Holdings LLC, Carlyle Group L.P., Wells Fargo & Company MN, BlackRock Inc., American National Insurance Co. TX, AGF Investments America Inc., Narwhal Capital Management and Credit Suisse AG. View Insider Buying and Selling for Pattern Energy Group.

PEGI stock was acquired by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Daiwa SB Investments Ltd., Panagora Asset Management Inc., James Investment Research Inc., Bowling Portfolio Management LLC, Trexquant Investment LP, Alps Advisors Inc. and Dimensional Fund Advisors LP. Company insiders that have bought Pattern Energy Group stock in the last two years include Alan R Batkin, 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 $19.29.

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]