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

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PG&E in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PCG shares.
View PCG analyst ratings or view top-rated stocks.

7 equities research analysts have issued 1 year target prices for PG&E's stock. Their PCG share price forecasts range from $15.00 to $21.00. On average, they expect the company's stock price to reach $19.28 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
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PG&E's stock was trading at $16.26 at the beginning of the year. Since then, PCG stock has increased by 7.1% and is now trading at $17.42.
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PG&E saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 31,260,000 shares, a drop of 27.7% from the July 15th total of 43,220,000 shares. Based on an average trading volume of 17,520,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.6% of the shares of the company are short sold.
View PG&E's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our PCG earnings forecast.

PG&E Co. (NYSE:PCG) released its earnings results on Thursday, July, 27th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.04. The utilities provider had revenue of $5.29 billion for the quarter, compared to analyst estimates of $5.49 billion. PG&E had a net margin of 8.79% and a trailing twelve-month return on equity of 9.79%. The firm's revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.25 EPS.

ETFs with the largest weight of PG&E (NYSE:PCG) stock in their portfolio include VanEck Uranium+Nuclear Energy ETF (NLR), Adaptiv Select ETF (ADPV), Leatherback Long/Short Alternative Yield ETF (LBAY), Virtus Reaves Utilities ETF (UTES), Invesco DWA Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust Utilities AlphaDEX Fund (FXU) and Invesco S&P 500 Equal Weight Utilities ETF (RYU).

PG&E issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $1.19-$1.23 for the period, compared to the consensus earnings per share estimate of $1.21. The company issued revenue guidance of -.

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 variety of retail and institutional investors. Top institutional investors include Capital Research Global Investors (5.06%), Capital International Investors (3.93%), JPMorgan Chase & Co. (3.66%), Geode Capital Management LLC (1.36%), Jennison Associates LLC (0.65%) and Northern Trust Corp (0.58%). Insiders that own company stock include Arno Lockheart Harris, Carolyn Jeanne Burke, 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.
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One share of PCG stock can currently be purchased for approximately $17.42.

PG&E (NYSE:PCG) has a market capitalization of $44.75 billion and generates $21.68 billion in revenue each year. The utilities provider earns $1.81 billion in net income (profit) each year or $0.91 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.