How were Pattern Energy Group's earnings last quarter?

Pattern Energy Group Inc (NASDAQ:PEGI) posted its quarterly earnings data on Monday, March, 2nd. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.52. The utilities provider earned $147 million during the quarter, compared to analyst estimates of $137.54 million. Pattern Energy Group had a negative trailing twelve-month return on equity of 1.52% and a negative net margin of 5.73%. The company's revenue for the quarter was up 30.1% on a year-over-year basis. During the same period last year, the company earned ($0.15) EPS.

Is Pattern Energy Group a good dividend stock?

Pattern Energy Group (NASDAQ:PEGI) pays an annual dividend of $1.69 per share and currently has a dividend yield of 6.32%. PEGI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PEGI .

What other stocks do shareholders of Pattern Energy Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pattern Energy Group investors own include AT&T (T) , Energy Transfer (ET) , Enterprise Products Partners (EPD) , Verizon Communications (VZ) , Hannon Armstrong Sustainable Infrastructure Capital (HASI) , AbbVie (ABBV) , Iron Mountain (IRM) , New Residential Investment (NRZ) , Realty Income (O) and Exxon Mobil (XOM) .

NASDAQ:PEGI

Pattern Energy Group (PEGI) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $26.74
▼
$26.74
50-Day Range: $26.74
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$26.74
52-Week Range: $20.70
▼
$28.50

Volume: 100 shs
Average Volume: 2.21 million shs
Market Capitalization: $2.63 billion

P/E Ratio: N/A
Dividend Yield: 6.32%
Price Target: N/A

Stock Analysis

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About Pattern Energy Group Stock (NASDAQ:PEGI)

Pattern Energy Group Inc. operates as an integrated renewable energy company. The company operates in two segments, Operating Business and Development Business. The Operating Business segment holds interest in 24 renewable energy projects with an operating capacity that totals approximately 4 gigawatts located in the United States, Canada, and Japan. The Development Business segment develops and sells renewable energy projects focusing on wind, solar, storage, and transmission primarily in the United States, Canada, Japan,and Mexico. Pattern Energy Group Inc. sells electricity and renewable energy credits primarily to local utilities and local liquid independent system organizations markets. The company was founded in 2012 and is headquartered in San Francisco, California.

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PEGI Stock News Headlines

April 12, 2024 | businesswire.com

Pattern Energy Appoints Barry E. Davis and Carla Tully to Board of Directors

December 21, 2023 | investing.com

Ming Yang Smart Energy Group Ltd (601615)

April 20, 2024 | Crypto Swap Profits (Ad)

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December 19, 2023 | oilprice.com

Norwegian Energy Giant Signs 50 Billion Euro Natural Gas Deal With Germany

December 12, 2023 | investing.com

K&O Energy Group Inc (1663)

September 1, 2023 | benzinga.com

Pattern Energy's SunZia Transmission Project Receives Authorization to Begin Construction from U.S. Department of Interior

July 27, 2023 | benzinga.com

Stantec selected by Pattern Energy to serve as Owner's Engineer for the SunZia Transmission Project

June 14, 2023 | bizjournals.com

Renewable energy co. Pattern Energy moves Houston office to Montrose Collective

April 20, 2024 | Crypto Swap Profits (Ad)

He Is Giving Away Bitcoin

May 2, 2023 | markets.businessinsider.com

Entwistle & Cappucci LLP and Susman Godfrey L.L.P. Announce Pendency of Class Action Involving Purchasers of Pattern Energy Group Inc. Common Stock

April 16, 2023 | thestreet.com

Why Duke Energy (DUK) Stock Is Up Today

April 6, 2023 | yahoo.com

SunZia wind project in New Mexico, Arizona could generate $20.5B impact

March 22, 2023 | finance.yahoo.com

WEC Energy Group, Inc. (WEC)

March 1, 2023 | forbes.com

Integrys Energy Group

February 21, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Helix Energy Solutions Group's earnings report

February 5, 2023 | forbes.com

Naturgy Energy Group

February 5, 2023 | thestreet.com

3 Undervalued 'Green' Stocks That Warren Buffett Would Love

January 29, 2023 | msn.com

BRIEF-Valero Energy Says Would Like To Return To Dividend Growth Pattern

November 14, 2022 | markets.businessinsider.com

Pattern Energy's SunZia Transmission Project Receives Key Approvals in Arizona and New Mexico

September 9, 2022 | finance.yahoo.com

Pattern Energy Closes Financing of Japan's Largest Offshore Wind Power and Storage Project

August 16, 2022 | investing.com

PEGI_old Historical Data

May 14, 2022 | news.yahoo.com

Talen bankruptcy filing won't affect operations, pursuit of solar project, company says

May 2, 2022 | thestreet.com

John Browne: Europe Has Energy Options to Loosen Putin's Grip

November 29, 2021 | bizjournals.com

Matt Narvaiz

November 9, 2021 | sg.finance.yahoo.com

Pattern Energy Starts Construction of Lanfine Wind Project in Alberta

October 26, 2021 | finance.yahoo.com

Pattern Energy (PEGI) to Acquire Stake in Armow Wind Farm

August 3, 2021 | law360.com

Meet The Judge: Delaware Chancery Court's Morgan T. Zurn

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Company Calendar

Last Earnings: 3/02/2020
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Utilities
Industry: Electric Services
Sub-Industry: N/A
Current Symbol: NASDAQ:PEGI
CUSIP: N/A
CIK: 1561660
Web: www.patternenergy.com
Phone: 415-283-4000
Fax: N/A
Employees: 209
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.35)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 26.22
P/E Growth: N/A
Net Income: $-31,000,000.00
Net Margins: -5.73%
Pretax Margin: N/A
Return on Equity: -1.52%
Return on Assets: -0.53%

Debt

Debt-to-Equity Ratio: 1.24
Current Ratio: 0.36
Quick Ratio: 0.36

Sales & Book Value

Annual Sales: $541 million
Price / Sales: 4.85
Cash Flow: $3.28 per share
Price / Cash Flow: 8.15
Book Value: $23.93 per share
Price / Book: 1.12

Miscellaneous

Outstanding Shares: 98,218,000
Free Float: N/A
Market Cap: $2.63 billion
Optionable: Optionable
Beta: 1.05

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Key Executives

Mr. Michael M. Garland (Age 68)
CEO & Director
Mr. Michael J. Lyon (Age 60)
Pres
Mr. Esben W. Pedersen (Age 46)
Chief Financial Officer
Mr. Daniel M. Elkort (Age 61)
Exec. VP, Chief Legal Officer & Chief Compliance Officer
Mr. Hunter H. Armistead (Age 50)
Pres of Pattern Devel. & Exec. VP of Bus. Devel.

Key Competitors

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PEGI Stock Analysis - Frequently Asked Questions

How were Pattern Energy Group's earnings last quarter?: Pattern Energy Group Inc (NASDAQ:PEGI) posted its quarterly earnings data on Monday, March, 2nd. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.52. The utilities provider earned $147 million during the quarter, compared to analyst estimates of $137.54 million. Pattern Energy Group had a negative trailing twelve-month return on equity of 1.52% and a negative net margin of 5.73%. The company's revenue for the quarter was up 30.1% on a year-over-year basis. During the same period last year, the company earned ($0.15) EPS.
Is Pattern Energy Group a good dividend stock?: Pattern Energy Group (NASDAQ:PEGI) pays an annual dividend of $1.69 per share and currently has a dividend yield of 6.32%. PEGI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PEGI.
What other stocks do shareholders of Pattern Energy Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Pattern Energy Group investors own include AT&T (T), Energy Transfer (ET), Enterprise Products Partners (EPD), Verizon Communications (VZ), Hannon Armstrong Sustainable Infrastructure Capital (HASI), AbbVie (ABBV), Iron Mountain (IRM), New Residential Investment (NRZ), Realty Income (O) and Exxon Mobil (XOM).

This page (NASDAQ:PEGI) was last updated on 4/20/2024 by MarketBeat.com Staff

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Pattern Energy Group (PEGI) Stock Price, News & Analysis

About Pattern Energy Group Stock (NASDAQ:PEGI)

PEGI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

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PEGI Stock Analysis - Frequently Asked Questions

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