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. Shareholders 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 9.30%. The ex-dividend date is Thursday, June 28th. View Pattern Energy Group's Dividend History.

Pattern Energy Group (NASDAQ:PEGI) issued its earnings results on Thursday, May, 10th. The utilities provider reported $1.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm's revenue was up 10.8% compared to the same quarter last year. During the same quarter last 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.

13 Wall Street analysts have issued 1-year price targets for Pattern Energy Group's shares. Their forecasts range from $17.00 to $26.50. On average, they anticipate Pattern Energy Group's stock price to reach $22.9583 in the next year. View Analyst Ratings for Pattern Energy Group.

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

News coverage about PEGI stock has trended very positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Pattern Energy Group earned a media sentiment score of 0.65 on Accern's scale. They also assigned news articles about the utilities provider an impact score of 48.61 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Pattern Energy Group's stock is owned by many different of retail and institutional investors. Top institutional investors include PATTERN RENEWABLES LP (7.30%), BlackRock Inc. (6.27%), PATTERN RENEWABLES LP (6.20%), CI INVESTMENTS INC. (5.18%), CI Investments Inc. (5.10%) and Brookfield Asset Management Inc. (2.39%). 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 Russell Investments Group Ltd., BNP Paribas Arbitrage SA, Atlantic Trust Group LLC, Brookfield Asset Management Inc., Nuveen Asset Management LLC, The Manufacturers Life Insurance Company , Sei Investments Co. and Capital Advisors Inc. OK. Company insiders that have sold Pattern Energy Group company stock in the last year include Christopher M Shugart, Daniel M Elkort, Esben W Pedersen and Renewable Energy Gp Ii L R/C. View Insider Buying and Selling for Pattern Energy Group.

PEGI stock was acquired by a variety of institutional investors in the last quarter, including CI Investments Inc., Robecosam AG, Global X Management Co. LLC, Ostrum Asset Management, Advisors Capital Management LLC, Sentry Investments Corp., Great West Life Assurance Co. Can and BlackRock Inc.. 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 $18.15.

Pattern Energy Group has a market capitalization of $1.77 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]