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NYSE:PCG

PG&E (PCG) Stock Price, News & Analysis

$18.46
+0.08 (+0.44%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$18.40
$18.60
50-Day Range
$16.03
$18.92
52-Week Range
$14.71
$18.95
Volume
11.19 million shs
Average Volume
15.04 million shs
Market Capitalization
$53.15 billion
P/E Ratio
16.48
Dividend Yield
0.22%
Price Target
$19.44

PG&E MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
5.3% Upside
$19.44 Price Target
Short Interest
Healthy
1.17% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.21mentions of PG&E in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$1.01 M Sold Last Quarter
Proj. Earnings Growth
8.89%
From $1.35 to $1.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.25 out of 5 stars

Utilities Sector

68th out of 93 stocks

Electric & Other Services Combined Industry

14th out of 17 stocks

PCG stock logo

About PG&E Stock (NYSE:PCG)

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. PG&E Corporation was incorporated in 1905 and is based in Oakland, California.

PCG Stock Price History

PCG Stock News Headlines

PG&E (NYSE:PCG) Price Target Raised to $23.00 at Mizuho
Dates Set for PG&E Quarterly Stock Dividends
Top Stock Reports for Broadcom, Merck & Airbnb
PG&E Recognized for Remote Grid Program
See More Headlines
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Company Calendar

Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Last Earnings
4/25/2024
Today
5/27/2024
Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
CUSIP
69331C10
Employees
28,010
Year Founded
1905

Price Target and Rating

Average Stock Price Target
$19.44
High Stock Price Target
$23.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+5.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$2.26 billion
Pretax Margin
5.19%

Debt

Sales & Book Value

Annual Sales
$24.43 billion
Cash Flow
$2.45 per share
Book Value
$9.02 per share

Miscellaneous

Outstanding Shares
2,879,280,000
Free Float
2,874,958,000
Market Cap
$53.15 billion
Optionable
Optionable
Beta
1.26

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PCG Stock Analysis - Frequently Asked Questions

Should I buy or sell PG&E stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PG&E in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PCG shares.
View PCG analyst ratings
or view top-rated stocks.

What is PG&E's stock price target for 2024?

7 equities research analysts have issued 1 year price targets for PG&E's stock. Their PCG share price targets range from $14.00 to $23.00. On average, they expect the company's stock price to reach $19.44 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price.
View analysts price targets for PCG
or view top-rated stocks among Wall Street analysts.

How have PCG shares performed in 2024?

PG&E's stock was trading at $18.03 at the beginning of 2024. Since then, PCG shares have increased by 2.4% and is now trading at $18.46.
View the best growth stocks for 2024 here
.

When is PG&E's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our PCG earnings forecast
.

How were PG&E's earnings last quarter?

PG&E Co. (NYSE:PCG) issued its earnings results on Thursday, April, 25th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.02. The utilities provider earned $5.86 billion during the quarter, compared to analysts' expectations of $6.60 billion. PG&E had a trailing twelve-month return on equity of 11.32% and a net margin of 10.05%. The firm's revenue was down 5.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.29 EPS.

How often does PG&E pay dividends? What is the dividend yield for PG&E?

PG&E announced a quarterly dividend on Friday, May 17th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.01 per share on Monday, July 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend is Friday, June 28th.
Read our dividend analysis for PCG
.

Is PG&E a good dividend stock?

PG&E (NYSE:PCG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.22%. The dividend payout ratio is 3.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PCG will have a dividend payout ratio of 2.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PCG.

What guidance has PG&E issued on next quarter's earnings?

PG&E updated its FY24 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of $1.33-1.37 for the period, compared to the consensus earnings per share estimate of $1.35.

What is William D. Johnson's approval rating as PG&E's CEO?

60 employees have rated PG&E Chief Executive Officer William D. Johnson on Glassdoor.com. William D. Johnson has an approval rating of 80% among the company's employees.

What other stocks do shareholders of PG&E own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PG&E investors own include General Electric (GE), Intel (INTC), AT&T (T), Pfizer (PFE), Johnson & Johnson (JNJ), Cisco Systems (CSCO), NVIDIA (NVDA), Procter & Gamble (PG), Walt Disney (DIS) and JPMorgan Chase & Co. (JPM).

Who are PG&E's major shareholders?

PG&E's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.81%), JPMorgan Chase & Co. (4.38%), Capital International Investors (4.21%), Blackstone Inc. (1.68%), Price T Rowe Associates Inc. MD (1.36%) and Jennison Associates LLC (0.70%). Insiders that own company stock include Arno Lockheart Harris, Carolyn Jeanne Burke, Cheryl F Campbell, Patricia K Poppe, Pg&E Fire Victim Trust and Robert C Flexon.
View institutional ownership trends
.

How do I buy shares of PG&E?

Shares of PCG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PCG) was last updated on 5/27/2024 by MarketBeat.com Staff

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