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NYSE:PCG

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

PG&E logo
$19.82 +0.40 (+2.06%)
(As of 12/20/2024 05:40 PM ET)

About PG&E Stock (NYSE:PCG)

Key Stats

Today's Range
$19.36
$19.90
50-Day Range
$19.20
$21.63
52-Week Range
$15.94
$21.72
Volume
33.55 million shs
Average Volume
14.40 million shs
Market Capitalization
$51.84 billion
P/E Ratio
15.48
Dividend Yield
0.50%
Price Target
$22.80
Consensus Rating
Moderate Buy

Company Overview

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.

PG&E Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
85th Percentile Overall Score

PCG MarketRank™: 

PG&E scored higher than 85% of companies evaluated by MarketBeat, and ranked 28th out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PG&E has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    PG&E has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about PG&E's stock forecast and price target.
  • Earnings Growth

    Earnings for PG&E are expected to grow by 9.56% in the coming year, from $1.36 to $1.49 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PG&E is 15.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.78.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PG&E is 15.48, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.41.

  • Price to Earnings Growth Ratio

    PG&E has a PEG Ratio of 1.51. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    PG&E has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.22% of the outstanding shares of PG&E have been sold short.
  • Short Interest Ratio / Days to Cover

    PG&E has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PG&E has recently decreased by 3.38%, indicating that investor sentiment is improving.
  • Dividend Yield

    PG&E has a dividend yield of 0.21%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    PG&E does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of PG&E is 7.81%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, PG&E will have a dividend payout ratio of 6.71% next year. This indicates that PG&E will be able to sustain or increase its dividend.

  • Read more about PG&E's dividend.
  • Percentage of Shares Shorted

    1.22% of the outstanding shares of PG&E have been sold short.
  • Short Interest Ratio / Days to Cover

    PG&E has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PG&E has recently decreased by 3.38%, indicating that investor sentiment is improving.
  • News Sentiment

    PG&E has a news sentiment score of 0.29. 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 is a lower news sentiment than the 0.64 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 39 news articles for PG&E this week, compared to 15 articles on an average week.
  • Search Interest

    12 people have searched for PCG on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.
  • MarketBeat Follows

    Only 13 people have added PG&E to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PG&E insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,147,766.00 in company stock.

  • Percentage Held by Insiders

    Only 0.15% of the stock of PG&E is held by insiders.

  • Percentage Held by Institutions

    78.56% of the stock of PG&E is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about PG&E's insider trading history.
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PCG Stock News Headlines

PG&E Co. (NYSE:PCG) CEO Sells $1,147,766.30 in Stock
UBS Group Cuts PG&E (NYSE:PCG) Price Target to $24.00
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PG&E Corp. stock outperforms competitors on strong trading day
PG&E (PCG) Receives a Hold from Evercore ISI
PG&E (PCG) Receives a Hold from Morgan Stanley
See More Headlines

PCG Stock Analysis - Frequently Asked Questions

PG&E's stock was trading at $18.03 on January 1st, 2024. Since then, PCG shares have increased by 9.9% and is now trading at $19.82.
View the best growth stocks for 2024 here
.

PG&E Co. (NYSE:PCG) posted its earnings results on Thursday, November, 7th. The utilities provider reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.05. PG&E's revenue was up .9% compared to the same quarter last year.

Top institutional shareholders of PG&E include FMR LLC (6.76%), State Street Corp (4.17%), Massachusetts Financial Services Co. MA (4.01%) and Geode Capital Management LLC (1.91%). Insiders that own company stock include Pg&E Fire Victim Trust, Patricia K Poppe, Cheryl F Campbell, Carolyn Jeanne Burke and Stephanie N Williams.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that PG&E investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and AUO (AUOTY).

Company Calendar

Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Last Earnings
11/07/2024
Today
12/22/2024
Ex-Dividend for 1/15 Dividend
12/31/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/15/2025

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
$22.80
High Stock Price Target
$26.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+15.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$2.26 billion
Pretax Margin
9.34%

Debt

Sales & Book Value

Annual Sales
$24.83 billion
Cash Flow
$2.45 per share
Book Value
$9.69 per share

Miscellaneous

Outstanding Shares
2,615,288,000
Free Float
2,611,365,000
Market Cap
$51.84 billion
Optionable
Optionable
Beta
1.01

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This page (NYSE:PCG) was last updated on 12/23/2024 by MarketBeat.com Staff
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