NYSE:PCG PG&E (PCG) Stock Forecast, Price & News $16.88 -0.12 (-0.71%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$16.86▼$17.1250-Day Range$16.13▼$17.4552-Week Range$9.64▼$17.68Volume9.95 million shsAverage Volume18.23 million shsMarket Capitalization$41.75 billionP/E Ratio18.97Dividend YieldN/APrice Target$18.28 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PG&E MarketRank™ ForecastAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside8.3% Upside$18.28 Price TargetShort InterestHealthy2.90% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.67Based on 9 Articles This WeekInsider TradingAcquiring Shares$2,480 Bought Last QuarterProj. Earnings Growth11.57%From $1.21 to $1.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.20 out of 5 starsUtilities Sector47th out of 88 stocksElectric & Other Services Combined Industry13th out of 19 stocks 1.3 Analyst's Opinion Consensus RatingPG&E has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.28, PG&E has a forecasted upside of 8.3% from its current price of $16.88.Amount of Analyst CoveragePG&E has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.90% of the float of PG&E has been sold short.Short Interest Ratio / Days to CoverPG&E has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PG&E has recently decreased by 16.47%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPG&E does not currently pay a dividend.Dividend GrowthPG&E does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PCG. Previous Next 2.6 News and Social Media Coverage News SentimentPG&E has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 9 news articles for PG&E this week, compared to 8 articles on an average week.Search InterestOnly 1 people have searched for PCG on MarketBeat in the last 30 days. This is a decrease of -94% compared to the previous 30 days.MarketBeat Follows12 people have added PG&E to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PG&E insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,480.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.06% of the stock of PG&E is held by insiders.Percentage Held by Institutions83.63% of the stock of PG&E is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for PG&E are expected to grow by 11.57% in the coming year, from $1.21 to $1.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PG&E is 18.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.93.Price to Earnings Ratio vs. SectorThe P/E ratio of PG&E is 18.97, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.23.Price to Earnings Growth RatioPG&E has a PEG Ratio of 5.60. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPG&E has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PG&E (NYSE:PCG) StockPG&E Corp. is a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in Oakland, CA.Read More Receive PCG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PG&E and its competitors with MarketBeat's FREE daily newsletter. Email Address PCG Stock News HeadlinesJune 9, 2023 | seekingalpha.comPG&E Investor Day: Potential Dividend Reinstatement And Reduced Wildfire RiskJune 8, 2023 | finance.yahoo.comCountdown to Summer: PG&E Encourages Customers to Prepare Homes for Warmer Weather, Explore Resources to Help Manage Energy BillsJune 10, 2023 | Behind the Markets (Ad)WARNING to all American InvestorsChina's sneaky plan could wipe out your retirement - in a single morning. Learn how to protect yourself here>>>June 8, 2023 | msn.comPG&E reports power outage affecting nearly 700 Prunedale residentsJune 6, 2023 | markets.businessinsider.comJ.P. Morgan Sticks to Its Hold Rating for PG&E (PCG)June 4, 2023 | fool.comPG&E (NYSE: PCG)June 2, 2023 | seekingalpha.comPG&E's plan to spin off 5.6 GW ahead of possible stake sale OK'd by FERCJune 1, 2023 | msn.comUBS Maintains PG&E (PCG) Neutral RecommendationJune 10, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 1, 2023 | axios.comPG&E reaches $50M settlement in fatal 2020 fire as charges dismissedJune 1, 2023 | americanbankingnews.comPG&E Sees Unusually High Options Volume (NYSE:PCG)May 31, 2023 | msn.com$50 million settlement, criminal charges dropped against PG&E in deadly 2020 Zogg FireMay 31, 2023 | news.yahoo.comPG&E, SMUD summer rates to go into effect June 1May 31, 2023 | marketwatch.comCalifornia judge dismisses criminal charges against PG&E in deadly 2020 wildfireMay 31, 2023 | finance.yahoo.comUPDATE 1-Pacific Gas and Electric to pay $50 million to settle 2020 Zogg wildfire chargesMay 31, 2023 | finance.yahoo.comJudge dismisses criminal charges against California energy company in 2020 fatal wildfireMay 31, 2023 | msn.comPG&E to begin ground, helicopter inspections ahead of wildfire seasonMay 31, 2023 | msn.comCalifornia judge dismisses criminal charges against PG&E in deadly 2020 Zogg FireMay 31, 2023 | msn.comPG&E says criminal charges dismissed in deadly 2020 wildfireMay 31, 2023 | finance.yahoo.comPG&E and Shasta County District Attorney Reach Settlement to Further Enhance Wildfire SafetyMay 31, 2023 | finance.yahoo.comPacific Gas and Electric to pay $50 million to settle 2020 Zogg wildfire chargesMay 31, 2023 | msn.comPG&E Begins Power Line Inpections as Wildfire Season LoomsMay 31, 2023 | finance.yahoo.comShould You Hold PG&E Corporation (PCG)?May 30, 2023 | finance.yahoo.comPG&E and California Fire Foundation Seeking Applications for Wildfire Safety and Preparedness GrantsMay 30, 2023 | americanbankingnews.comRoyal Bank of Canada Raises PG&E (NYSE:PCG) Price Target to $21.00May 29, 2023 | markets.businessinsider.comMizuho Securities Sticks to Its Buy Rating for PG&E (PCG)May 26, 2023 | msn.comPG&E Pipeline Inspection Underway From Napa To YountvilleSee More Headlines PCG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PCG Company Calendar Last Earnings5/05/2023Today6/09/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric & other services combined Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:PCG CUSIP69331C10 CIK1004980 Webwww.pgecorp.com Phone(415) 973-1000Fax415-973-8719Employees26,010Year Founded1905Price Target and Rating Average Stock Price Forecast$18.28 High Stock Price Forecast$21.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+8.3%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.89 Trailing P/E Ratio18.97 Forward P/E Ratio13.95 P/E Growth5.65Net Income$1.81 billion Net Margins8.64% Pretax Margin1.93% Return on Equity10.21% Return on Assets1.99% Debt Debt-to-Equity Ratio2.06 Current Ratio0.83 Quick Ratio0.77 Sales & Book Value Annual Sales$21.68 billion Price / Sales1.93 Cash Flow$2.48 per share Price / Cash Flow6.81 Book Value$9.36 per share Price / Book1.80Miscellaneous Outstanding Shares2,473,520,000Free Float2,472,038,000Market Cap$41.75 billion OptionableOptionable Beta1.14 Social Links Key ExecutivesPatricia K. PoppeChief Executive Officer & DirectorAdam L. WrightChief Operating OfficerCarolyn Jeanne BurkeChief Financial Officer & Executive Vice PresidentAjay WaghrayChief Information Officer & Senior Vice PresidentJohn R. SimonExecutive VP, Chief Ethics & Compliance OfficerKey CompetitorsConsolidated EdisonNYSE:EDPublic Service Enterprise GroupNYSE:PEGWEC Energy GroupNYSE:WECAmerenNYSE:AEECMS EnergyNYSE:CMSView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 184,632 shares on 5/26/2023Ownership: 0.016%Toroso Investments LLCSold 82,499 shares on 5/23/2023Ownership: 0.009%Ameriprise Financial Inc.Bought 2,878,302 shares on 5/22/2023Ownership: 1.131%Putnam Investments LLCBought 197,951 shares on 5/22/2023Ownership: 0.099%Titleist Asset Management LLCBought 63,092 shares on 5/18/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions PCG Stock - Frequently Asked Questions Should I buy or sell PG&E stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PG&E in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PCG shares. View PCG analyst ratings or view top-rated stocks. What is PG&E's stock price forecast for 2023? 9 Wall Street research analysts have issued 1 year target prices for PG&E's stock. Their PCG share price forecasts range from $15.00 to $21.00. On average, they expect the company's stock price to reach $18.28 in the next twelve months. This suggests a possible upside of 8.3% 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 2023? PG&E's stock was trading at $16.26 at the beginning of the year. Since then, PCG stock has increased by 3.8% and is now trading at $16.88. View the best growth stocks for 2023 here. Are investors shorting PG&E? PG&E saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 52,530,000 shares, a drop of 16.5% from the April 30th total of 62,890,000 shares. Based on an average daily volume of 15,850,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.9% of the shares of the company are short sold. View PG&E's Short Interest. When is PG&E's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our PCG earnings forecast. How were PG&E's earnings last quarter? PG&E Co. (NYSE:PCG) announced its earnings results on Friday, May, 5th. The utilities provider reported $0.29 earnings per share for the quarter, meeting analysts' consensus estimates of $0.29. The utilities provider had revenue of $6.21 billion for the quarter, compared to analysts' expectations of $6.19 billion. PG&E had a net margin of 8.64% and a trailing twelve-month return on equity of 10.21%. The company's revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company earned $0.30 EPS. What ETFs hold PG&E's stock? ETFs with the largest weight of PG&E (NYSE:PCG) stock in their portfolio include VanEck Uranium+Nuclear Energy ETF (NLR), Virtus Reaves Utilities ETF (UTES), Adaptiv Select ETF (ADPV), First Trust Utilities AlphaDEX Fund (FXU), Invesco DWA Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RYU), BTD Capital Fund (DIP) and Leatherback Long/Short Alternative Yield ETF (LBAY). What guidance has PG&E issued on next quarter's earnings? PG&E updated its FY23 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $1.19-$1.23 for the period, compared to the consensus estimate of $1.22. 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). What is PG&E's stock symbol? PG&E trades on the New York Stock Exchange (NYSE) under the ticker symbol "PCG." 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 FMR LLC (7.09%), BlackRock Inc. (5.43%), State Street Corp (3.39%), JPMorgan Chase & Co. (2.53%), Price T Rowe Associates Inc. MD (2.03%) and Deutsche Bank AG (1.46%). Insiders that own company stock include Arno Lockheart Harris, Carolyn Jeanne Burke, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is PG&E's stock price today? One share of PCG stock can currently be purchased for approximately $16.88. How much money does PG&E make? PG&E (NYSE:PCG) has a market capitalization of $41.75 billion and generates $21.68 billion in revenue each year. The utilities provider earns $1.81 billion in net income (profit) each year or $0.89 on an earnings per share basis. How many employees does PG&E have? The company employs 26,010 workers across the globe. How can I contact PG&E? PG&E's mailing address is 77 BEALE STREET P.O. BOX 770000, SAN FRANCISCO CA, 94177. The official website for the company is www.pgecorp.com. The utilities provider can be reached via phone at (415) 973-1000, via email at invrel@pge-corp.com, or via fax at 415-973-8719. This page (NYSE:PCG) was last updated on 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PG&E Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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