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NYSE:PCG

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

$20.14
+0.37 (+1.87%)
(As of 02:52 PM ET)
Today's Range
$19.77
$20.16
50-Day Range
$17.18
$20.60
52-Week Range
$14.71
$20.65
Volume
7.71 million shs
Average Volume
14.20 million shs
Market Capitalization
$57.99 billion
P/E Ratio
17.98
Dividend Yield
0.20%
Price Target
$21.45

PG&E MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
6.7% Upside
$21.45 Price Target
Short Interest
Healthy
1.53% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.44mentions of PG&E in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$707,170 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.

3.31 out of 5 stars

Utilities Sector

52nd out of 93 stocks

Electric & Other Services Combined Industry

14th out of 18 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

Colgate-Palmolive
3 Defensive Stock Alternatives to Bonds If Interest Rates Drop (PCG)
Defensive stock plays can become a suitable alternative to bond investments when lowered interest rates cause bond prices to jump.
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
PG&E (NYSE:PCG) Earns Buy Rating from Analysts at Bank of America
PG&E (PCG) Receives a New Rating from Bank of America Securities
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Stock Traders Purchase High Volume of Put Options on PG&E (NYSE:PCG)
See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
7/25/2024
Today
9/16/2024
Next Earnings (Estimated)
10/24/2024
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
$21.45
High Stock Price Target
$26.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+8.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

Net Income
$2.26 billion
Pretax Margin
7.18%

Debt

Sales & Book Value

Annual Sales
$24.78 billion
Cash Flow
$2.47 per share
Book Value
$9.69 per share

Miscellaneous

Outstanding Shares
2,879,277,000
Free Float
2,874,958,000
Market Cap
$57.15 billion
Optionable
Optionable
Beta
1.01

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Should I Buy PG&E Stock? PCG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in PG&E Co.:

  • PG&E Co. stock price has been steadily increasing, reaching $20.60 on the latest trading day, indicating positive market sentiment.
  • Recent institutional investments in PG&E Co. by reputable firms like Wells Fargo & Company MN and Hsbc Holdings PLC suggest confidence in the company's future prospects.
  • PG&E Co. has a market capitalization of $53.86 billion, indicating its significant presence in the utilities sector.
  • The company's price-to-earnings ratio of 18.39 is relatively favorable, potentially offering investors a good valuation opportunity.
  • PG&E Co. has shown resilience in its stock performance, with a one-year high of $20.65, demonstrating potential for capital appreciation.

Cons

Investors should be bearish about investing in PG&E Co. for these reasons:

  • PG&E Co. has a debt-to-equity ratio of 1.99, which may indicate higher financial leverage and potential risks associated with debt obligations.
  • Despite recent positive stock performance, PG&E Co. operates in a regulated industry with potential regulatory challenges that could impact its operations and financial results.
  • The company's beta of 1.01 suggests that PG&E Co.'s stock price may be closely correlated with market movements, potentially leading to higher volatility for investors.
  • PG&E Co. faces ongoing legal and regulatory scrutiny related to its operations, which could result in legal expenses and reputational damage.
  • Investors should consider the current ratio of 0.90 for PG&E Co., which may indicate potential liquidity challenges in meeting short-term obligations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 10, 2024. Please send any questions or comments about these PG&E pros and cons to contact@marketbeat.com.

PCG Stock Analysis - Frequently Asked Questions

How have PCG shares performed this year?

PG&E's stock was trading at $18.03 on January 1st, 2024. Since then, PCG stock has increased by 11.5% and is now trading at $20.11.
View the best growth stocks for 2024 here
.

How were PG&E's earnings last quarter?

PG&E Co. (NYSE:PCG) issued its earnings results on Thursday, July, 25th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.01. The business's quarterly revenue was up 13.2% on a year-over-year basis.

Who are PG&E's major shareholders?

PG&E's top institutional shareholders include King Street Capital Management L.P. (4.30%), Massachusetts Financial Services Co. MA (3.54%), Ameriprise Financial Inc. (1.27%) and Legal & General Group Plc (0.66%). Insiders that own company stock include Pg&E Fire Victim Trust, Patricia K Poppe, Cheryl F Campbell, Carolyn Jeanne Burke, Stephanie N Williams and Arno Lockheart Harris.
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.

What other stocks do shareholders of PG&E own?

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

This page (NYSE:PCG) was last updated on 9/16/2024 by MarketBeat.com Staff

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