PG&E - PCG Stock Forecast, Price & News

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

8 equities research analysts have issued 1 year price objectives for PG&E's shares. Their PCG share price forecasts range from $14.00 to $20.00. On average, they expect the company's share price to reach $17.78 in the next year. This suggests a possible upside of 9.9% from the stock's current price.
View analysts price targets for PCG or view top-rated stocks among Wall Street analysts.

PG&E's stock was trading at $16.26 at the start of the year. Since then, PCG shares have decreased by 0.6% and is now trading at $16.17.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our PCG earnings forecast.

PG&E Co. (NYSE:PCG) posted its earnings results on Thursday, February, 23rd. The utilities provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.02. The utilities provider had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $5.70 billion. PG&E had a net margin of 8.37% and a trailing twelve-month return on equity of 10.55%. During the same period in the prior year, the firm earned $0.28 EPS.

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), First Trust Utilities AlphaDEX Fund (FXU), BTD Capital Fund (DIP), Invesco DWA Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Leatherback Long/Short Alternative Yield ETF (LBAY) and Utilities Select Sector SPDR Fund (XLU).

PG&E updated its FY23 earnings guidance on Thursday, February, 23rd. The company provided EPS guidance of $1.19-$1.23 for the period, compared to the consensus estimate of $1.22.

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.

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).

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

PG&E's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (1.98%), Geode Capital Management LLC (1.35%), Deutsche Bank AG (1.33%), Sixth Street Partners Management Company L.P. (1.07%), Gallagher Fiduciary Advisors LLC (1.00%) and Franklin Resources Inc. (0.66%). Insiders that own company stock include Arno Lockheart Harris, Patricia K Poppe, Pg&E Fire Victim Trust and Robert C Flexon.
View institutional ownership trends.

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.

One share of PCG stock can currently be purchased for approximately $16.17.

PG&E (NYSE:PCG) has a market capitalization of $39.88 billion and generates $21.68 billion in revenue each year. The utilities provider earns $1.81 billion in net income (profit) each year or $0.84 on an earnings per share basis.

The company employs 26,010 workers across the globe.

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.