NYSE:PCG PG&E (PCG) Stock Price, News & Analysis $19.59 +0.08 (+0.41%) (As of 09/19/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About PG&E Stock (NYSE:PCG) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$19.42▼$19.7450-Day Range$17.68▼$20.6052-Week Range$14.71▼$20.65Volume25.06 million shsAverage Volume14.31 million shsMarket Capitalization$51.23 billionP/E Ratio17.49Dividend Yield0.20%Price Target$21.45Consensus RatingModerate Buy Company OverviewPG&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.Read More… “Buffett Indicator” Predicts 62% Stock Market Crash (Ad)The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.Take these 4 steps to protect your retirement here >>> PG&E Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 74th PercentilePG&E scored higher than 74% of companies evaluated by MarketBeat, and ranked 48th out of 94 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingPG&E has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePG&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 and Valuation2.5 / 5Proj. Earnings Growth8.89% Earnings GrowthEarnings for PG&E are expected to grow by 8.89% in the coming year, from $1.35 to $1.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PG&E is 17.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.24.Price to Earnings Ratio vs. SectorThe P/E ratio of PG&E is 17.49, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.46.Price to Book Value per Share RatioPG&E has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about PG&E's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.68% of the outstanding shares of PG&E have been sold short.Short Interest Ratio / Days to CoverPG&E has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PG&E has recently increased by 16.30%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldPG&E has a dividend yield of 0.20%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthPG&E does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PG&E is 3.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PG&E will have a dividend payout ratio of 2.72% next year. This indicates that PG&E will be able to sustain or increase its dividend.Read more about PG&E's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.68% of the outstanding shares of PG&E have been sold short.Short Interest Ratio / Days to CoverPG&E has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PG&E has recently increased by 16.30%, indicating that investor sentiment is decreasing significantly. News and Social Media2.4 / 5News Sentiment0.41 News SentimentPG&E has a news sentiment score of 0.41. 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 news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 17 news articles for PG&E this week, compared to 13 articles on an average week.Search Interest15 people have searched for PCG on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added PG&E to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 $707,170.00 in company stock.Percentage Held by InsidersOnly 0.15% of the stock of PG&E is held by insiders.Percentage Held by Institutions78.56% 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. PCG Stock News Headlines3 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.September 16 at 9:11 AM | marketbeat.comSpeakers Announced, Registration Now Open for PG&E's 2024 Innovation Summit on November 13September 19 at 4:16 PM | prnewswire.comWhy You Should NOT Trade This MarketYou'll be interested in our 5-Day Options Trading Challenge, starting September 23. So, what makes this different from every other options research you may have seen? Well, for starters... most of them want you to first BUY their service... which is usually thousands of dollars...September 19, 2024 | InvestorPlace (Ad)Vacaville PG&E customer charged for someone else's utility bill for up to 18 yearsSeptember 18 at 6:00 PM | msn.comThe PG&E Corporation Foundation Helps Battle Food Insecurity with Contributions to Local Food Banks, Meal Distribution OrganizationsSeptember 18 at 1:00 PM | prnewswire.com3 Stocks Make Up 30% of Daniel Loeb's $8.7 Billion PortfolioSeptember 17 at 7:57 AM | 247wallst.comFall Energy Bills to Include $55.17 California Climate Credit for PG&E Electric CustomersSeptember 16 at 6:00 PM | prnewswire.comResidential PG&E Customers Can Now Easily Access Electricity Usage Data from Apple Home AppSeptember 16 at 1:31 PM | prnewswire.comSee More Headlines 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 8.7% and is now trading at $19.59. View the best growth stocks for 2024 here. How were PG&E's earnings last quarter? PG&E Co. (NYSE:PCG) posted its quarterly earnings results on Thursday, July, 25th. The utilities provider reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.01. The firm's revenue was up 13.2% compared to the same quarter last year. 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). Company Calendar Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Last Earnings7/25/2024Today9/19/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric & other services combined Sub-IndustryMulti-Utilities Current SymbolNYSE:PCG CUSIP69331C10 CIK1004980 Webwww.pgecorp.com Phone(415) 973-1000Fax415-973-8719Employees28,010Year Founded1905Price Target and Rating Average Stock Price Target$21.45 High Stock Price Target$26.00 Low Stock Price Target$16.00 Potential Upside/Downside+9.5%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.12 Trailing P/E Ratio17.49 Forward P/E Ratio14.51 P/E GrowthN/ANet Income$2.26 billion Net Margins10.22% Pretax Margin7.18% Return on Equity11.76% Return on Assets2.37% Debt Debt-to-Equity Ratio1.99 Current Ratio0.90 Quick Ratio0.86 Sales & Book Value Annual Sales$24.43 billion Price / Sales2.10 Cash Flow$2.43 per share Price / Cash Flow8.05 Book Value$9.69 per share Price / Book2.02Miscellaneous Outstanding Shares2,615,210,000Free Float2,874,958,000Market Cap$51.23 billion OptionableOptionable Beta1.01 Social Links Should I Buy PG&E Stock? PCG Pros and Cons Explained 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. PG&E Bull Case 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. PG&E Bear Case 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. This page (NYSE:PCG) was last updated on 9/19/2024 by MarketBeat.com Staff From Our PartnersUnlock the Secret to Easy Wins with Iron CondorsDiscover the power of Iron Condor trades – a low-risk, high-reward strategy that allows you to profit consiste...Netpicks | SponsoredSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. 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