Zacks Research Analysts Raise Earnings Estimates for PG&E

PG&E Co. (NYSE:PCG) – Investment analysts at Zacks Research lifted their Q3 2025 earnings per share estimates for shares of PG&E in a research note issued to investors on Thursday, March 6th. Zacks Research analyst A. Dutta now expects that the utilities provider will earn $0.36 per share for the quarter, up from their prior estimate 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) last posted its earnings results on Thursday, February 13th. The utilities provider reported $0.31 EPS for the quarter, meeting the consensus estimate of $0.31. PG&E had a return on equity of 10.94% and a net margin of 10.27%. The firm had revenue of $6.63 billion during the quarter, compared to the consensus estimate of $7.29 billion. During the same period last year, the company earned $0.47 earnings per share.

A number of other brokerages have also commented on PCG. BMO Capital Markets lifted their price target on shares of PG&E from $21.00 to $23.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Guggenheim downgraded PG&E from a “buy” rating to a “neutral” rating in a report on Tuesday, February 18th. Morgan Stanley cut PG&E from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $20.00 to $16.50 in a research note on Friday, February 14th. UBS Group cut their price objective on PG&E from $24.00 to $22.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a $22.00 target price on shares of PG&E in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, PG&E currently has a consensus rating of “Moderate Buy” and an average target price of $22.23.

PG&E Stock Down 0.7 %

NYSE:PCG opened at $15.97 on Monday. PG&E has a one year low of $14.99 and a one year high of $21.72. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.05 and a quick ratio of 1.00. The company has a market cap of $42.65 billion, a PE ratio of 13.88, a P/E/G ratio of 1.09 and a beta of 1.04. The firm’s 50 day simple moving average is $16.75 and its 200 day simple moving average is $18.96.

PG&E Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.63%. The ex-dividend date is Monday, March 31st. PG&E’s dividend payout ratio is presently 8.70%.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PCG. Versant Capital Management Inc raised 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 worth $31,000 after acquiring an additional 626 shares during the last quarter. True Wealth Design LLC increased its holdings in PG&E by 1,233.6% during the 4th quarter. True Wealth Design LLC now owns 1,827 shares of the utilities provider’s stock worth $37,000 after purchasing an additional 1,690 shares in the last quarter. Colonial Trust Co SC raised its stake in shares of PG&E by 563.0% in the fourth quarter. Colonial Trust Co SC now owns 1,916 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 1,627 shares during 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 valued at $80,000 after purchasing an additional 1,506 shares in the last quarter. Finally, Optiver Holding B.V. boosted its position in shares of PG&E by 23.9% during the fourth quarter. Optiver Holding B.V. now owns 4,271 shares of the utilities provider’s stock valued at $86,000 after buying an additional 825 shares during the last quarter. Institutional investors and hedge funds 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.