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 Monday, March 4th. Investors of record on Friday, March 29th will be given a dividend of $0.422 per share on Tuesday, April 30th. This represents a $1.69 dividend on an annualized basis and a yield of 7.73%. The ex-dividend date is Thursday, March 28th. View Pattern Energy Group's Dividend History.

Pattern Energy Group Inc (NASDAQ:PEGI) issued its quarterly earnings data on Friday, March, 1st. The utilities provider reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.34. The utilities provider had revenue of $113 million for the quarter, compared to analyst estimates of $139.72 million. Pattern Energy Group had a return on equity of 6.45% and a net margin of 29.62%. The company's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.08) earnings per share. View Pattern Energy Group's Earnings History.

Pattern Energy Group is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Pattern Energy Group.

9 Wall Street analysts have issued 12-month target prices for Pattern Energy Group's shares. Their predictions range from $18.50 to $25.00. On average, they expect Pattern Energy Group's stock price to reach $22.1667 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Pattern Energy Group.

9 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pattern Energy Group.

Press coverage about PEGI stock has trended positive on Friday, InfoTrie reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pattern Energy Group earned a daily sentiment score of 2.2 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

Some companies that are related to Pattern Energy Group include OGE Energy (OGE), CPFL Energia (CPL), Brookfield Renewable Partners (BEP), Algonquin Power & Utilities (AQN), Enel Chile (ENIC), IDACORP (IDA), CEMIG (CIG), Portland General Electric (POR), Enel Generacion Chile (EOCC), Hawaiian Electric Industries (HE), Black Hills (BKH), PNM Resources (PNM), TerraForm Power (TERP), Clearway Energy (CWEN) and Ormat Technologies (ORA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pattern Energy Group investors own include AT&T (T), New Residential Investment (NRZ), Ares Capital (ARCC), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Iron Mountain (IRM), Uniti Group (UNIT), Verizon Communications (VZ), Buckeye Partners (BPL) and Realty Income (O).

Pattern Energy Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.91%), CI Investments Inc. (5.70%), Rare Infrastructure Ltd (2.83%), Dimensional Fund Advisors LP (2.07%), Dimensional Fund Advisors LP (2.07%) and Beach Investment Counsel Inc. PA (1.73%). Company insiders that own Pattern Energy Group stock include Christopher M Shugart, Daniel M Elkort, Douglas G Hall, Esben W Pedersen, Kevin E Devlin 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 Rare Infrastructure Ltd, Premier Fund Managers Ltd, Millennium Management LLC, Intact Investment Management Inc., James Investment Research Inc., New York State Common Retirement Fund, CI Investments Inc. and Beach Investment Counsel Inc. PA. Company insiders that have sold Pattern Energy Group company stock in the last year include Christopher M Shugart, Esben W Pedersen and Kevin E Devlin. View Insider Buying and Selling for Pattern Energy Group.

PEGI stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Northern Trust Corp, B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund, BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC, Robecosam AG and D. E. Shaw & Co. Inc.. 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 $21.83.

Pattern Energy Group has a market capitalization of $2.14 billion and generates $483 million in revenue each year. The utilities provider earns $142 million in net income (profit) each year or $1.45 on an earnings per share basis.

The official website for Pattern Energy Group is http://www.patternenergy.com.

Pattern Energy Group's mailing address is 1088 SANSOME STREET, SAN FRANCISCO CA, 94111. The utilities provider can be reached via phone at 415-283-4000 or via email at [email protected]