Analysts Issue Forecasts for PG&E's Q3 Earnings (NYSE:PCG)

PG&E Co. (NYSE:PCG - Free Report) - Investment analysts at Zacks Research lifted their Q3 2025 earnings estimates for shares of PG&E in a research note issued to investors on Thursday, March 6th. Zacks Research analyst A. Dutta now anticipates that the utilities provider will earn $0.36 per share for the quarter, up from their prior forecast of $0.33. The consensus estimate for PG&E's current full-year earnings is $1.49 per share. Zacks Research also issued estimates for PG&E's Q1 2026 earnings at $0.36 EPS and Q3 2026 earnings at $0.36 EPS.

PG&E (NYSE:PCG - Get Free Report) last posted its earnings results on Thursday, February 13th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.31. PG&E had a return on equity of 10.94% and a net margin of 10.27%. The business had revenue of $6.63 billion during the quarter, compared to analysts' expectations of $7.29 billion. During the same period in the prior year, the business earned $0.47 EPS.

A number of other analysts have also commented on PCG. BMO Capital Markets boosted their price target on PG&E from $21.00 to $23.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. UBS Group decreased their price target on shares of PG&E from $24.00 to $22.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Guggenheim lowered shares of PG&E from a "buy" rating to a "neutral" rating in a research report on Tuesday, February 18th. Barclays decreased their target price on shares of PG&E from $24.00 to $23.00 and set an "overweight" rating for the company in a research report on Monday, January 27th. Finally, Morgan Stanley cut shares of PG&E from an "equal weight" rating to an "underweight" rating and cut their price target for the stock from $20.00 to $16.50 in a research report on Friday, February 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $22.23.

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PG&E Stock Up 1.0 %

Shares of NYSE:PCG traded up $0.16 during midday trading on Monday, reaching $16.38. 6,227,380 shares of the company were exchanged, compared to its average volume of 15,123,309. The firm has a market cap of $43.74 billion, a PE ratio of 14.19, a P/E/G ratio of 1.09 and a beta of 1.04. The company has a quick ratio of 1.00, a current ratio of 1.05 and a debt-to-equity ratio of 1.86. PG&E has a fifty-two week low of $14.99 and a fifty-two week high of $21.72. The stock has a fifty day simple moving average of $16.51 and a two-hundred day simple moving average of $18.90.

PG&E Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.025 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.10 annualized dividend and a dividend yield of 0.61%. PG&E's dividend payout ratio is currently 8.70%.

Insider Activity

In other news, EVP Carla J. Peterman sold 32,521 shares of PG&E stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $16.37, for a total transaction of $532,368.77. Following the completion of the sale, the executive vice president now owns 183,635 shares of the company's stock, valued at approximately $3,006,104.95. This trade represents a 15.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Arno Lockheart Harris purchased 6,389 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The stock was acquired at an average price of $15.66 per share, for a total transaction of $100,051.74. Following the completion of the purchase, the director now directly owns 14,864 shares of the company's stock, valued at $232,770.24. This represents a 75.39 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.15% of the company's stock.

Institutional Trading of PG&E

Institutional investors and hedge funds have recently made changes to their positions in the company. Versant Capital Management Inc boosted its holdings in shares of PG&E by 68.3% in the 4th quarter. Versant Capital Management Inc now owns 1,543 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 626 shares in the last quarter. True Wealth Design LLC grew its position in PG&E by 1,233.6% in the fourth quarter. True Wealth Design LLC now owns 1,827 shares of the utilities provider's stock valued at $37,000 after acquiring an additional 1,690 shares during the last quarter. Colonial Trust Co SC raised its stake in PG&E by 563.0% during the fourth quarter. Colonial Trust Co SC now owns 1,916 shares of the utilities provider's stock worth $39,000 after acquiring an additional 1,627 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of PG&E by 61.5% in the fourth quarter. UMB Bank n.a. now owns 3,956 shares of the utilities provider's stock worth $80,000 after acquiring an additional 1,506 shares during the last quarter. Finally, Optiver Holding B.V. boosted its stake in shares of PG&E by 23.9% in the 4th quarter. Optiver Holding B.V. now owns 4,271 shares of the utilities provider's stock valued at $86,000 after purchasing an additional 825 shares in the last quarter. Institutional investors own 78.56% of the company's stock.

PG&E Company Profile

PG&E Corp. operates as 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.