Should I buy PG&E stock? (2024)

Should I buy PG&E stock?

PG&E's analyst rating consensus is a Strong Buy. This is based on the ratings of 9 Wall Streets Analysts.

What is the stock price forecast for PG&E in 2025?

On average, Wall Street analysts predict that PG&E's share price could reach $19.00 by Apr 10, 2025. The average PG&E stock price prediction forecasts a potential upside of 14.87% from the current PCG share price of $16.54. What is PCG's forecast return on equity (ROE) for 2024-2026?

What is the target price for PG&E stock?

Stock Price Targets
High$22.00
Median$20.00
Low$16.00
Average$19.56
Current Price$16.60

What is the future of PCG?

Future Growth

PG&E is forecast to grow earnings and revenue by 10.8% and 2.6% per annum respectively. EPS is expected to grow by 9.7% per annum. Return on equity is forecast to be 10.2% in 3 years.

Will PCG ever pay a dividend?

PG&E's next quarterly payment date is on Apr 15, 2024, when PG&E shareholders who owned PCG shares before Mar 27, 2024 received a dividend payment of <$0.01 per share. Add PCG to your watchlist to be reminded of PCG's next dividend payment.

Why invest in PG&E?

PCG expects its capital expenditures to be worth $10.4 billion for 2024 and a total of $62 billion for the 2024-2028 period. These systematic investments can drive the rate base growth of 9.5% during 2024-2028. To promote green energy, the company invests in battery energy storage.

Will PG stock go up?

The highest analyst price target is $180.00 ,the lowest forecast is $157.00. The average price target represents 4.53% Increase from the current price of $162.25. Procter & Gamble's analyst rating consensus is a Moderate Buy. This is based on the ratings of 16 Wall Streets Analysts.

Who owns the most stock in PG&E?

Shareholders
NameEquities%
Vanguard Fiduciary Trust Co. 12.97 %276,696,52212.97 %
Fidelity Management & Research Co. LLC 8.091 %172,622,9128.091 %
BlackRock Advisors LLC 6.141 %131,033,2116.141 %
JPMorgan Investment Management, Inc. 5.755 %122,793,3305.755 %
6 more rows

Who are the top shareholders of PG&E?

Top Shareholders

The Vanguard Group, Inc. BlackRock, Inc. State Street Global Advisors, Inc. Blackstone Inc.

How often does PG&E pay dividends?

Dividend Payment Dates:

Dividends on our stock are paid quarterly in the months shown below. The payment date is the 15th of the month.

What is PCG 5 year forecast?

quote is equal to 16.470 USD at 2024-04-12. Based on our forecasts, a long-term increase is expected, the "PCG" stock price prognosis for 2029-04-04 is 27.852 USD. With a 5-year investment, the revenue is expected to be around +69.11%. Your current $100 investment may be up to $169.11 in 2029.

What is the stock forecast for PG&E in 2030?

Pacific Gas and Electric Company Stock Prediction 2030

In 2030, the Pacific Gas and Electric Company stock will reach $ 23.25 if it maintains its current 10-year average growth rate. If this Pacific Gas and Electric Company stock prediction for 2030 materializes, PCG-PA stock will grow -3.30% from its current price.

Who owns PCG stock?

Largest shareholders include Vanguard Group Inc, Fmr Llc, BlackRock Inc., Jpmorgan Chase & Co, Capital International Investors, State Street Corp, Massachusetts Financial Services Co /ma/, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Capital Research Global Investors, and Third Point LLC .

How many shares does PGE have?

PG&E Shares Outstanding: 2.137B for March 18, 2024.

How long has PG paid a dividend?

P&G has been paying a dividend for 133 consecutive years since its incorporation in 1890 and has increased its dividend for 67 consecutive years. This reinforces our commitment to return cash to shareholders, many of whom rely on the steady, reliable income earned with their investment in P&G.

How much dividend does PFC give per year?

Power Finance Corporation (PFC) on Monday approved a third interim dividend of Rs 3 per share for fiscal year 2023-24. With this, the total interim dividend for the fiscal year is Rs 11 per share of Rs 10 each.

Is PG&E profitable?

PG&E reports $2 billion profit

PG&E reports it made a $2.24 billion dollar profit last year — a 24% increase from the year before. In a call with investors, PG&E credits last year's rate increases with boosting its bottom line and said it expects to remain profitable through 2028.

What's the highest PG&E stock has been?

The latest closing stock price for Pacific Gas & Electric as of April 12, 2024 is 16.60.
  • The all-time high Pacific Gas & Electric stock closing price was 70.93 on September 11, 2017.
  • The Pacific Gas & Electric 52-week high stock price is 18.32, which is 10.4% above the current share price.

Is PG&E in debt?

The image below, which you can click on for greater detail, shows that at March 2023 PG&E had debt of US$53.5b, up from US$45.5b in one year. And it doesn't have much cash, so its net debt is about the same.

Is P&G a safe stock?

Nevertheless, Procter & Gamble stock remains a safe haven because its brands are famous and are generally considered necessities. So, while Procter & Gamble addresses its issues abroad, investors can collect dividend payments from the company each and every quarter.

Is PG stock overvalued?

Valuation metrics show that Procter & Gamble Company (The) may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of PG, demonstrate its potential to underperform the market. It currently has a Growth Score of C.

Is P&G stock Undervalued?

Is PG stock undervalued or overvalued? Compared to the current market price of 156.59 USD, Procter & Gamble Co is Overvalued by 23%.

Does China own PG&E?

The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU).

How much does PG&E CEO make a year?

In 2021 PG&E CEO Patricia Poppe was paid $51.2 million. PG&E has raised rates on all its customers.

Did Enron buy PG&E?

In 1997, Enron bought PGE as part of its effort to expand into regional energy markets. Since Oregon law requires local ownership of a public utility, Enron became an Oregon corporation in connection with its acquisition of PGE.

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