PG&E (NYSE:PCG) Releases FY 2025 Earnings Guidance

PG&E (NYSE:PCG) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.470-1.510 for the period, compared to the consensus estimate of 1.480. The company issued revenue guidance of -. PG&E also updated its FY 2024 guidance to 1.340-1.370 EPS.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Barclays raised their price target on shares of PG&E from $24.00 to $25.00 and gave the stock an “overweight” rating in a research note on Monday, October 21st. Bank of America initiated coverage on shares of PG&E in a research report on Thursday, September 12th. They set a “buy” rating and a $24.00 target price on the stock. UBS Group boosted their price target on PG&E from $24.00 to $26.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Jefferies Financial Group initiated coverage on PG&E in a report on Monday, October 14th. They set a “buy” rating and a $24.00 price objective on the stock. Finally, Morgan Stanley upped their target price on PG&E from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 25th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $22.80.

PG&E Trading Up 0.1 %

NYSE PCG opened at $20.26 on Thursday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.86 and a current ratio of 0.90. PG&E has a one year low of $15.94 and a one year high of $20.93. The company’s 50 day moving average price is $19.99 and its 200 day moving average price is $18.70. The firm has a market capitalization of $52.97 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 1.53 and a beta of 1.03.

PG&E Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.20%. The ex-dividend date was Monday, September 30th. PG&E’s dividend payout ratio (DPR) is 3.42%.

Insider Transactions at PG&E

In related news, VP Stephanie N. Williams sold 38,601 shares of PG&E stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $18.32, for a total transaction of $707,170.32. Following the sale, the vice president now owns 19,114 shares of the company’s stock, valued at $350,168.48. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.15% of the company’s stock.

PG&E Company Profile

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.