Pacific Gas & Electric Co. Company Profile (NYSE:PCG)

About Pacific Gas & Electric Co.

Pacific Gas & Electric Co. logoPG&E Corporation is a holding company. The Company's primary operating subsidiary is Pacific Gas and Electric Company (the Utility). The Utility's operations include sale and delivery of electricity and natural gas to customers. The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial and agricultural customers. The Utility provides electricity, transmission and distribution services to customers in its service territory. The Utility owns over 18,400 circuit miles of interconnected transmission lines operating at voltages ranging from 60 Kilovolts to 500 Kilovolts. The Utility also operated over 90 electric transmission substations with a capacity of over 63,400 Megavolt amperes (MVA). The Utility's electric transmission system is interconnected with electric power systems in the Western Electricity Coordinating Council.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Multi-Utilities
  • Exchange: NYSE
  • Symbol: PCG
  • CUSIP: 69331C10
Key Metrics:
  • Previous Close: $63.92
  • 50 Day Moving Average: $61.18
  • 200 Day Moving Average: $61.29
  • 52-Week Range: $507,782,000.00 - $54.71
  • Trailing P/E Ratio: 22.99
  • Foreward P/E Ratio: 16.65
  • P/E Growth: 3.83
  • Market Cap: $32.46B
  • Outstanding Shares: 507,782,000
  • Beta: 0.21
Profitability:
  • Net Margins: 4.94%
  • Return on Equity: 8.52%
  • Return on Assets: 2.23%
Debt:
  • Debt-to-Equity Ratio: 0.94%
  • Current Ratio: 0.92%
  • Quick Ratio: 0.84%
Additional Links:
Companies Related to Pacific Gas & Electric Co.:

Analyst Ratings

Consensus Ratings for Pacific Gas & Electric Co. (NYSE:PCG) (?)
Ratings Breakdown: 1 Hold Rating, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.91)
Consensus Price Target: $68.30 (6.85% upside)

Analysts' Ratings History for Pacific Gas & Electric Co. (NYSE:PCG)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017Jefferies Group LLCBoost Price Target$71.00View Rating Details
2/8/2017Barclays PLCBoost Price TargetOverweight$63.00 -> $65.00View Rating Details
1/4/2017RBC Capital MarketsReiterated RatingBuy$71.00View Rating Details
10/17/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$66.00 -> $67.00View Rating Details
10/4/2016Citigroup Inc.Reiterated RatingHold$60.00View Rating Details
7/29/2016Deutsche Bank AGLower Price TargetBuy$68.00 -> $67.00View Rating Details
7/25/2016ArgusReiterated RatingBuy$74.00 -> $79.00View Rating Details
7/15/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$60.00 -> $71.00View Rating Details
7/6/2016J P Morgan Chase & CoReiterated RatingBuyView Rating Details
6/29/2016MizuhoBoost Price TargetBuy$64.00 -> $67.00View Rating Details
5/10/2016Morgan StanleyReiterated RatingBuyView Rating Details
1/26/2016Evercore ISIUpgradeHold -> BuyView Rating Details
1/14/2016MacquarieBoost Price Target$57.00 -> $58.00View Rating Details
11/23/2015Sanford C. BernsteinReiterated RatingOutperformView Rating Details
7/30/2015Credit Suisse GroupDowngradeOutperform -> Neutral$61.00 -> $58.00View Rating Details
4/21/2015GuggenheimInitiated CoverageNeutralView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Pacific Gas & Electric Co. (NYSE:PCG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/16/2017Q416$1.30$1.33$4.61 billionViewN/AView Earnings Details
11/4/2016Q316$1.09$0.94$3.36 billion$4.81 billionViewN/AView Earnings Details
7/28/2016Q216$0.92$0.66$4.59 billion$4.17 billionViewListenView Earnings Details
5/4/2016Q116$0.73$0.82$4.15 billion$3.97 billionViewN/AView Earnings Details
2/18/2016Q415$0.44$0.50$4.45 billionViewListenView Earnings Details
10/28/2015Q315$0.96$0.84$4.74 billion$4.55 billionViewListenView Earnings Details
7/29/2015Q215$0.72$0.91$3.91 billion$4.22 billionViewListenView Earnings Details
4/29/2015Q115$0.69$0.87$3.99 billion$3.90 billionViewN/AView Earnings Details
2/10/2015Q414$0.53$0.53$4.02 billionViewN/AView Earnings Details
10/28/2014Q314$1.10$1.73$4.68 billion$4.94 billionViewN/AView Earnings Details
7/31/2014Q214$0.74$0.69$4.03 billion$3.95 billionViewN/AView Earnings Details
5/1/2014Q114$0.66$0.54$3.92 billion$3.89 billionViewN/AView Earnings Details
2/11/2014Q413$0.75$0.42$4.21 billionViewN/AView Earnings Details
10/30/2013Q313$0.75$0.88$4.21 billion$4.18 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.71$0.79$3.90 billion$3.78 billionViewListenView Earnings Details
5/2/2013Q1 2013$0.69$0.63$3.75 billion$3.67 billionViewListenView Earnings Details
2/21/2013Q4 2012$0.60$0.59$4.17 billionViewListenView Earnings Details
10/29/2012Q312$0.88$0.93$4.05 billion$3.98 billionViewN/AView Earnings Details
8/7/2012$0.83$0.81ViewN/AView Earnings Details
5/2/2012$0.72$0.89ViewN/AView Earnings Details
2/16/2012$0.85$0.89ViewN/AView Earnings Details
11/3/2011$1.06$1.08ViewN/AView Earnings Details
8/4/2011$1.02$1.02ViewN/AView Earnings Details
5/4/2011$0.81$0.58ViewN/AView Earnings Details
2/17/2011$0.73$0.70ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Pacific Gas & Electric Co. (NYSE:PCG)
Current Year EPS Consensus Estimate: $3.66 EPS
Next Year EPS Consensus Estimate: $3.84 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.80$0.80$0.80
Q2 20161$1.00$1.00$1.00
Q3 20161$1.20$1.20$1.20
Q4 20161$1.35$1.35$1.35
Q2 20171$0.90$0.90$0.90
Q3 20171$1.10$1.10$1.10
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Pacific Gas & Electric Co. (NYSE:PCG)
Annual Dividend:$1.96
Dividend Yield:3.07%
Dividend Growth:1.30% (3 Year Average)
Payout Ratio:117.37% (Based on Trailing 12 Months of Earnings)
53.55% (Based on Current Year Consensus EPS Estimate)
51.04% (Based on Next Year Consensus EPS Estimate)

Dividend History for Pacific Gas & Electric Co. (NYSE:PCG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/15/2017quarterly$0.493/31/20174/15/2017
12/16/2016quarterly$0.4912/28/201612/30/20161/15/2017
9/21/2016quarterly$0.493.06%9/28/20169/30/201610/15/2016
5/23/2016quarterly$0.493.35%6/28/20166/30/20167/15/2016
2/17/2016quarterly$0.463.25%3/29/20163/31/20164/15/2016
12/16/2015quarterly$0.463.38%12/29/201512/31/20151/15/2016
9/16/2015quarterly$0.463.63%9/28/20159/30/201510/15/2015
6/17/2015quarterly$0.463.56%6/26/20156/30/20157/15/2015
2/18/2015quarterly$0.463.31%3/27/20153/31/20154/15/2015
12/17/2014quarterly$0.463.41%12/29/201412/31/20141/15/2015
9/16/2014quarterly$0.463.97%9/26/20149/30/201410/15/2014
6/18/2014quarterly$0.463.77%6/26/20146/30/20147/15/2014
2/19/2014quarterly$0.464.17%3/27/20143/31/20144/15/2014
12/18/2013quarterly$0.464.53%12/27/201312/31/20131/15/2014
9/18/2013quarterly$0.464.33%9/26/20139/30/201310/15/2013
6/19/2013quarterly$0.464.18%6/27/20137/1/20137/15/2013
2/20/2013quarterly$0.464.4%3/26/20133/28/20134/15/2013
12/19/2012quarterly$0.464.34%12/27/201212/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Pacific Gas & Electric Co. (NYSE:PCG)
Insider Ownership Percentage: 0.14%
Institutional Ownership Percentage: 82.01%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/4/2016Hyun ParkSVPSell6,807$56.35$383,574.45View SEC Filing  
3/4/2016John R SimonEVPSell3,899$56.34$219,669.66View SEC Filing  
8/17/2015Nickolas StavropoulosInsiderSell1,439$54.17$77,950.63View SEC Filing  
5/22/2015Hyun ParkSVPSell6,181$52.99$327,531.19View SEC Filing  
5/15/2014Christopher JohnsInsiderSell5,234$43.78$229,144.52View SEC Filing  
3/6/2014Christopher JohnsInsiderSell16,631$42.84$712,472.04View SEC Filing  
3/6/2014Dinyar MistryVPSell2,487$43.24$107,537.88View SEC Filing  
3/6/2014Hyun ParkSVPSell3,322$43.24$143,643.28View SEC Filing  
3/6/2014Kent HarveyCFOSell10,613$43.24$458,906.12View SEC Filing  
6/12/2013David R AndrewsDirectorSell5,037$44.93$226,312.41View SEC Filing  
5/15/2013Christopher P JohnsInsiderSell5,235$46.81$245,050.35View SEC Filing  
5/15/2013Kent M HarveyCFOSell9,203$46.81$430,792.43View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Pacific Gas & Electric Co. (NYSE:PCG)
DateHeadline
4-traders.com logoPACIFIC GAS & ELECTRIC CO : Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:PCG)
www.4-traders.com - February 19 at 6:09 PM
4-traders.com logoPACIFIC GAS & ELECTRIC CO : Change in Directors or Principal Officers (form 8-K) (NYSE:PCG)
www.4-traders.com - February 19 at 9:28 AM
biz.yahoo.com logoPG&E CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:PCG)
biz.yahoo.com - February 18 at 11:41 AM
capitalcube.com logoPG&E Corp. :PCG-US: Earnings Analysis: Q4, 2016 By the Numbers : February 17, 2017 (NYSE:PCG)
www.capitalcube.com - February 17 at 4:48 PM
blogs.barrons.com logoTesla: Power Packing (NYSE:PCG)
blogs.barrons.com - February 17 at 4:48 PM
News IconPacific Gas and Electric Company (NYSE:PCG)
electricenergyonline.com - February 16 at 11:46 PM
marketwatch.com logo10-K: PACIFIC GAS & ELECTRIC CO (NYSE:PCG)
www.marketwatch.com - February 16 at 11:46 PM
4-traders.com logoPACIFIC GAS & ELECTRIC CO : Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:PCG)
www.4-traders.com - February 16 at 11:46 PM
seekingalpha.com logoPG&E (PCG) Q4 2016 Results - Earnings Call Transcript (NYSE:PCG)
seekingalpha.com - February 16 at 11:46 PM
finance.yahoo.com logoPG&E Opens Annual Better Together STEM Scholarship Program (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoPG&E Opens Annual Better Together STEM Scholarship Program (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoDates Set for PG&E Quarterly Stock Dividends (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoDates Set for PG&E Quarterly Stock Dividends (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
biz.yahoo.com logoQ4 2016 PG&E Corp Earnings Release - Before Market Open (NYSE:PCG)
biz.yahoo.com - February 16 at 6:44 PM
biz.yahoo.com logoQ4 2016 PG&E Corp Earnings Release - Before Market Open (NYSE:PCG)
biz.yahoo.com - February 16 at 6:44 PM
biz.yahoo.com logoPG&E CORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Stat (NYSE:PCG)
biz.yahoo.com - February 16 at 6:44 PM
biz.yahoo.com logoPG&E CORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Stat (NYSE:PCG)
biz.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logo8:39 am PG&E beats by $0.09; reaffirms FY17 EPS guidance (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
businesswire.com logoPG&E Creates New California External Affairs Organization as Part of Broader Realignment of the Company's Strategy ... - Business Wire (press release) (NYSE:PCG)
www.businesswire.com - February 16 at 6:44 PM
finance.yahoo.com logo8:39 am PG&E beats by $0.09; reaffirms FY17 EPS guidance (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
businesswire.com logoPG&E Opens Annual Better Together STEM Scholarship Program - Business Wire (press release) (NYSE:PCG)
www.businesswire.com - February 16 at 6:44 PM
finance.yahoo.com logoPG&E Corporation Releases Full-Year and Fourth-Quarter 2016 Financial Results (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoPG&E Corporation Releases Full-Year and Fourth-Quarter 2016 Financial Results (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoPG&E Corp (PCG) Tops Q4 Earnings, Keeps FY17 View (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoPG&E Corp (PCG) Tops Q4 Earnings, Keeps FY17 View (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoPG&E Creates New California External Affairs Organization as Part of Broader Realignment of the Company’s Strategy, Policy and Outreach Efforts (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoPG&E Creates New California External Affairs Organization as Part of Broader Realignment of the Company’s Strategy, Policy and Outreach Efforts (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
capitalcube.com logoPG&E Corp. : PCG-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:PCG)
www.capitalcube.com - February 16 at 6:44 PM
capitalcube.com logoPG&E Corp. : PCG-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:PCG)
www.capitalcube.com - February 16 at 6:44 PM
finance.yahoo.com logoPG&E Corp (PCG) Beats on Q4 Earnings, Expenses Increase Y/Y (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoPG&E Corp (PCG) Beats on Q4 Earnings, Expenses Increase Y/Y (NYSE:PCG)
finance.yahoo.com - February 16 at 6:44 PM
finance.yahoo.com logoAfter Mass Evacuation in Oroville, PG&E Urges Customers: ‘Make an Emergency Plan’ (NYSE:PCG)
finance.yahoo.com - February 14 at 11:09 PM
finance.yahoo.com logoCan PG&E Corp (PCG) Spring a Surprise in Q4 Earnings? (NYSE:PCG)
finance.yahoo.com - February 13 at 9:45 PM
News IconForward Earnings Estimate of Pacific Gas & Electric Co.(PCG) - Highland Mirror (NYSE:PCG)
www.highlandmirror.com - February 11 at 1:07 AM
News IconThe General Electric Company (GE) to Release Quarterly Earnings on Friday (NYSE:PCG)
nyhetsbanken.info - February 10 at 1:43 AM
bizjournals.com logoDid you notice PG&E raised their business rates as much as 32% over the last year? (NYSE:PCG)
www.bizjournals.com - February 9 at 3:46 PM
bizjournals.com logoState senator looking into PG&E's double-digit rate hikes (NYSE:PCG)
feeds.bizjournals.com - February 9 at 12:10 PM
biz.yahoo.com logoPG&E CORP Files SEC form 8-K, Other Events (NYSE:PCG)
biz.yahoo.com - February 8 at 8:06 PM
finance.yahoo.com logoPG&E Says ‘Keep Loved Ones – and Metallic Balloons – Close to Your Heart’ (NYSE:PCG)
finance.yahoo.com - February 8 at 8:06 PM
marketrealist.com logoWill PG&E Beat Analysts’ 4Q16 Earnings Estimates? (NYSE:PCG)
marketrealist.com - February 8 at 8:06 PM
marketrealist.com logoPCG, EIX, and SRE: What’s Their Current Valuation? (NYSE:PCG)
marketrealist.com - February 8 at 8:06 PM
marketrealist.com logoWhere Will PG&E Stock Go in the Future? (NYSE:PCG)
marketrealist.com - February 8 at 8:06 PM
marketrealist.com logoWhat Analysts Think about PG&E ahead of 4Q16 Earnings (NYSE:PCG)
marketrealist.com - February 8 at 8:06 PM
News IconUPDATE: Power restored to all but one in Palo Cedro (NYSE:PCG)
www.redding.com - February 8 at 1:15 AM
bizjournals.com logoBay Area customers cry foul as PG&E enacts double-digit rate hikes (NYSE:PCG)
feeds.bizjournals.com - February 7 at 11:14 AM
foxnews.com logoEarthquake early-warning systems finally becoming a reality (NYSE:PCG)
www.foxnews.com - February 6 at 7:15 PM
seekingalpha.com logoWorld’s biggest solar-thermal power plant making enough power, NRG says (NYSE:PCG)
seekingalpha.com - February 2 at 8:04 PM
News IconEarnings Forecast Research on Pacific Gas & Electric Co. (PCG) - Highland Mirror (NYSE:PCG)
www.highlandmirror.com - February 1 at 1:14 AM
businesswire.com logoPotential Benefits of Earthquake Early Warning Prompts PG&E to be Among First Energy Companies to Implement the ... - Business Wire (press release) (NYSE:PCG)
www.businesswire.com - January 31 at 8:13 PM
finance.yahoo.com logoPotential Benefits of Earthquake Early Warning Prompts PG&E to be Among First Energy Companies to Implement the Technology (NYSE:PCG)
finance.yahoo.com - January 31 at 8:13 PM

Social

What is Pacific Gas & Electric Co.'s stock symbol?

Pacific Gas & Electric Co. trades on the New York Stock Exchange (NYSE) under the ticker symbol "PCG."

How often does Pacific Gas & Electric Co. pay dividends? What is the dividend yield for Pacific Gas & Electric Co.?

Pacific Gas & Electric Co. declared a quarterly dividend on Wednesday, February 15th. Stockholders of record on Friday, March 31st will be given a dividend of $0.49 per share on Saturday, April 15th. This represents a $1.96 annualized dividend and a dividend yield of 3.07%.

Where is Pacific Gas & Electric Co.'s stock going? Where will Pacific Gas & Electric Co.'s stock price be in 2017?

11 brokers have issued twelve-month target prices for Pacific Gas & Electric Co.'s shares. Their forecasts range from $60.00 to $79.00. On average, they expect Pacific Gas & Electric Co.'s stock price to reach $68.30 in the next year.

When will Pacific Gas & Electric Co. announce their earnings?

Pacific Gas & Electric Co. is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Pacific Gas & Electric Co. stock?

Here are some recent quotes from research analysts about Pacific Gas & Electric Co. stock:

  • Jefferies Group LLC analysts commented, "PCG announced 4Q16 EPS of $1.33 vs our estimate of $1.25, consensus of $1.34, and last year's earnings of $0.50. The company affirmed 2017 ongoing EPS guidance of $3.55-$3.75 with equity issuances of $400-$600 million and a weighted average $34.4 billion rate base. A cost of capital proposal was recently filed with the CPUC, and we expect that with the overhang of San Bruno complete, PCG will return to a premium PE multiple." (2/17/2017)
  • According to Zacks Investment Research, "PG&E Corporation’s systematic investments in infrastructure projects, backed by a stable financial position, will allow it to improve service reliability and meet increasing customer demand. Further, steady growth in customer count is expected to boost the company’s top line. PG&E Corporation’s share price has outperformed the Zacks Categorized Utility-Electric power industry price in the last one year backed by its stable financial position that allows the company to pay regular dividends, which in turn, help it to retain investor interest. On the flip side, cost of compliance to new and stringent regulations is a major concern for management. Moreover, penalties worth $1.6 billion levied for the 2010 San Bruno case and changes in environmental mandates could impact the company’s financial performance." (1/25/2017)

Who owns Pacific Gas & Electric Co. stock?

Pacific Gas & Electric Co.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.46%), Janus Capital Management LLC (0.35%), Loomis Sayles & Co. L P (0.20%), Gabelli Funds LLC (0.03%), Comerica Bank (0.03%) and Calamos Advisors LLC (0.01%). Company insiders that own Pacific Gas & Electric Co. stock include Hyun Park, John R Simon and Nickolas Stavropoulos.

Who sold Pacific Gas & Electric Co. stock? Who is selling Pacific Gas & Electric Co. stock?

Pacific Gas & Electric Co.'s stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Teachers Retirement System of The State of Kentucky, Calamos Advisors LLC and Baird Financial Group Inc.. Company insiders that have sold Pacific Gas & Electric Co. stock in the last year include Hyun Park and John R Simon.

Who bought Pacific Gas & Electric Co. stock? Who is buying Pacific Gas & Electric Co. stock?

Pacific Gas & Electric Co.'s stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Loomis Sayles & Co. L P, Ffcm LLC, Horizon Investments LLC, Parallel Advisors LLC, Comerica Bank, ZWJ Investment Counsel Inc. and Cleararc Capital Inc..

How do I buy Pacific Gas & Electric Co. stock?

Shares of Pacific Gas & Electric Co. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Pacific Gas & Electric Co. stock cost?

One share of Pacific Gas & Electric Co. stock can currently be purchased for approximately $63.92.

Pacific Gas & Electric Co. (NYSE:PCG) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Pacific Gas & Electric Co. (NYSE:PCG)

Earnings History Chart

Earnings by Quarter for Pacific Gas & Electric Co. (NYSE:PCG)

Dividend History Chart

Dividend Payments by Quarter for Pacific Gas & Electric Co. (NYSE:PCG)

Last Updated on 2/19/2017 by MarketBeat.com Staff