Zacks Research Equities Analysts Decrease Earnings Estimates for PG&E Co. (NYSE:PCG)

PG&E Co. (NYSE:PCG) – Equities researchers at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for shares of PG&E in a report released on Wednesday, April 10th. Zacks Research analyst A. Dutta now expects that the utilities provider will post earnings per share of $0.47 for the quarter, down from their prior forecast of $0.48. The consensus estimate for PG&E’s current full-year earnings is $1.35 per share. Zacks Research also issued estimates for PG&E’s FY2026 earnings at $1.61 EPS.

PG&E (NYSE:PCG) last issued its earnings results on Thursday, February 22nd. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. The company had revenue of $7.04 billion during the quarter, compared to analyst estimates of $6.43 billion. PG&E had a return on equity of 10.84% and a net margin of 9.24%. During the same quarter last year, the business posted $0.26 EPS.

Several other equities research analysts also recently weighed in on the company. StockNews.com raised PG&E from a “sell” rating to a “hold” rating in a research report on Thursday, February 1st. Barclays cut their price target on PG&E from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Monday, January 22nd. Finally, The Goldman Sachs Group started coverage on PG&E in a research report on Wednesday. They set a “buy” rating and a $21.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $18.78.

PG&E Price Performance

Shares of PCG opened at $16.60 on Friday. The business’s 50-day moving average is $16.51 and its two-hundred day moving average is $16.83. The company has a market capitalization of $35.47 billion, a P/E ratio of 15.81 and a beta of 1.32. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.78 and a current ratio of 0.83. PG&E has a fifty-two week low of $14.71 and a fifty-two week high of $18.32.

PG&E Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date is Wednesday, March 27th. PG&E’s dividend payout ratio (DPR) is presently 3.81%.

Institutional Investors Weigh In On PG&E

A number of institutional investors have recently modified their holdings of the business. Clear Street Markets LLC acquired a new stake in PG&E in the 4th quarter worth about $26,000. Quarry LP acquired a new stake in PG&E in the 2nd quarter worth about $34,000. Toth Financial Advisory Corp acquired a new stake in PG&E in the 3rd quarter worth about $35,000. Planned Solutions Inc. acquired a new stake in PG&E in the 4th quarter worth about $37,000. Finally, AdvisorNet Financial Inc boosted its holdings in PG&E by 470.6% in the 3rd quarter. AdvisorNet Financial Inc now owns 2,442 shares of the utilities provider’s stock worth $39,000 after buying an additional 2,014 shares during the last quarter. 78.56% of the stock is currently owned by institutional investors and hedge funds.

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.