NYSE:PCGPG&E Stock Price, Forecast & News

PG&E's stock was trading at $12.04 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PCG stock has decreased by 3.0% and is now trading at $11.68. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PG&E in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for PG&E.

PG&E is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for PG&E.

PG&E Co. (NYSE:PCG) issued its quarterly earnings data on Friday, May, 1st. The utilities provider reported $0.89 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.98 by $0.09. The utilities provider earned $4.31 billion during the quarter. PG&E had a positive return on equity of 27.51% and a negative net margin of 42.53%. During the same period in the prior year, the company earned $0.25 EPS. View PG&E's earnings history.

9 brokerages have issued 1-year target prices for PG&E's shares. Their forecasts range from $10.00 to $25.00. On average, they expect PG&E's stock price to reach $14.94 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price. View analysts' price targets for PG&E.

News stories about PCG stock have been trending extremely positive recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. PG&E earned a news impact score of 4.7 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View the latest news aboutPG&E.

PG&E saw a drop in short interest in May. As of May 15th, there was short interest totaling 20,790,000 shares, a drop of 13.4% from the April 30th total of 24,000,000 shares. Based on an average trading volume of 11,090,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 4.0% of the company's shares are short sold. View PG&E's Current Options Chain.

Some companies that are related to PG&E include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), Consolidated Edison (ED), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), CenterPoint Energy (CNP), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PG&E investors own include General Electric (GE), AT&T (T), Procter & Gamble (PG), Intel (INTC), Johnson & Johnson (JNJ), Pfizer (PFE), Alibaba Group (BABA), NVIDIA (NVDA), Bank of America (BAC) and Walt Disney (DIS).

PG&E trades on the New York Stock Exchange (NYSE) under the ticker symbol "PCG."

PG&E's stock is owned by many different institutional and retail investors. Top institutional shareholders include Silver Point Capital L.P. (4.53%), BlackRock Inc. (2.52%), Owl Creek Asset Management L.P. (2.36%), Baupost Group LLC MA (1.83%), Zimmer Partners LP (1.56%) and State Street Corp (1.40%). Company insiders that own PG&E stock include Julie Kane and Nickolas Stavropoulos. View institutional ownership trends for PG&E.

PCG stock was sold by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, PointState Capital LP, Two Sigma Investments LP, Two Sigma Advisers LP, Nut Tree Capital Management LP, Morgan Stanley, Morgan Stanley, and State Street Corp. View insider buying and selling activity for PG&E.

PCG stock was purchased by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Sachem Head Capital Management LP, Owl Creek Asset Management L.P., Madison Avenue Partners LP, Paloma Partners Management Co, KBC Group NV, BNP Paribas Arbitrage SA, and Grantham Mayo Van Otterloo & Co. LLC. View insider buying and selling activity for PG&E.

Shares of PCG 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, Robinhood, Fidelity, and Charles Schwab.

One share of PCG stock can currently be purchased for approximately $11.68.

PG&E has a market capitalization of $6.19 billion and generates $17.13 billion in revenue each year. The utilities provider earns $-7,642,000,000.00 in net income (profit) each year or $3.93 on an earnings per share basis. PG&E employs 23,000 workers across the globe.

The official website for PG&E is www.pgecorp.com.

PG&E's mailing address is 77 BEALE STREET P.O. BOX 770000, SAN FRANCISCO CA, 94177. The utilities provider can be reached via phone at 415-973-1000 or via email at [email protected]