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

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$17.49 -0.47 (-2.62 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$17.49
Today's Range$17.4850 - $18.11
52-Week Range$16.58 - $26.56
Volume1.62 million shs
Average Volume1.39 million shs
Market Capitalization$1.76 billion
P/E Ratio92.05
Dividend Yield9.40%
Beta0.96
Pattern Energy Group logoPattern 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
SymbolNASDAQ:PEGI
CUSIPN/A
Phone415-283-4000

Debt

Debt-to-Equity Ratio0.93
Current Ratio0.68
Quick Ratio0.68

Price-To-Earnings

Trailing P/E Ratio92.05
Forward P/E Ratio13.25
P/E Growth0.46

Sales & Book Value

Annual Sales$411.34 million
Price / Sales4.17
Cash Flow$2.3074 per share
Price / Cash7.58
Book Value$24.00 per share
Price / Book0.73

Profitability

EPS (Most Recent Fiscal Year)$0.19
Net Income$-17,900,000.00
Net Margins26.62%
Return on Equity6.17%
Return on Assets2.84%

Miscellaneous

Employees210
Outstanding Shares98,100,000
Market Cap$1,761.80

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. Stockholders 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 dividend yield of 9.65%. 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) posted its earnings results on Thursday, May, 10th. The utilities provider reported $1.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $1.17. The utilities provider had revenue of $111.66 million for the quarter, compared to analyst estimates 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 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 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 Tuesday, August, 14th 2018. View Earnings Estimates for Pattern Energy Group.

What price target have analysts set for PEGI?

12 equities research analysts have issued 1-year price objectives for Pattern Energy Group's shares. Their predictions range from $17.00 to $26.50. On average, they expect Pattern Energy Group's share price to reach $22.7727 in the next year. This suggests a possible upside of 30.2% from the stock's current price. View Analyst Ratings 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."

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)

Has Pattern Energy Group been receiving favorable news coverage?

News stories about PEGI stock have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of 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 0.07 on Accern's scale. They also gave headlines about the utilities provider an impact score of 46.19 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect 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 many different 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.

Which institutional investors are selling Pattern Energy Group stock?

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.

Which institutional investors are buying Pattern Energy Group stock?

PEGI stock was bought 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.

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 $17.49.

How big of a company is Pattern Energy Group?

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.

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:  3.0 out of 5 (star star star)
Outperform Votes:  344 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  568
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 7/21/2018 by MarketBeat.com Staff

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