PG&E (PCG)
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PG&E Reaches 1,000 Miles of Underground Powerlines in High Fire Risk Areas
Yahoo Finance· 2025-10-22 11:41
PG&E Corporation (NYSE:PCG) is one of the best infrastructure stocks to buy with huge upside. On October 3, Pacific Gas and Electric Company, which is a subsidiary of PG&E Corporation, announced that it had reached a significant milestone by constructing and energizing 1,000 miles of powerlines underground in high fire risk areas. This undergrounding effort is identified as the largest ever undertaken by a utility to reduce wildfire risk. In the specific locations where these lines now provide electricity ...
Jim Cramer on PG&E: “I Think This One Could be a Bargain”
Yahoo Finance· 2025-10-22 11:29
PG&E Corporation (NYSE:PCG) is one of the stocks Jim Cramer recently covered. Cramer discussed the stock’s performance for the year, as he commented: “For the most part, this has been a great year for the electric utilities with a few glaring exceptions. Take PG&E, which is based in Central and Northern California. Its stock is down more than 18% for the year, and that’s in part due to misplaced perceptions about wildfires. I think this one could be a bargain.” Stock market reports printed on a sheet o ...
PG&E to Report Q3 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-10-21 17:01
Key Takeaways PG&E to report Q3 results on Oct. 23, with forecasts pointing to higher earnings and revenue growth.PG&E's EV, data center and building electrification trends are expected to boost energy load growth.Lower non-fuel O&M costs and reduced residential rates may have supported PG&E's quarterly performance.PG&E Corporation (PCG) is scheduled to report third-quarter 2025 results on Oct. 23, before market open. In the last reported quarter, the company posted a negative earnings surprise of 6.06%. Le ...
The Big 3: GOOGL, PCG, BK
Youtube· 2025-10-21 17:01
It's time for the big three. We've got three stocks and three charts. Rick Dukat will take us through the charts today.And here to take us through the trades is Jessica Insk, the director of investor research at stockbrokers. com. Great to have you both with us, Jessica. Lovely to have you as always.Would love to start the same as we usually do with just a big picture thought on market performance this week. >> And absolutely. I I think the markets are actually looking rather constructive.We have some good ...
Analyst Likes This Utility Stock – ‘It’s Got Good Momentum’
Yahoo Finance· 2025-10-19 20:17
Core Viewpoint - PG&E Corporation (NYSE:PCG) is identified as a trending stock with positive momentum, particularly following its recovery from wildfire-related challenges earlier in the year [1][2]. Group 1: Company Performance - PG&E has been negatively impacted by wildfires, leading to a significant decline in its stock price, but its current liabilities are not as severe as previously feared by the market [2]. - The company is experiencing good momentum, indicating a potential recovery and positive outlook for investors [2]. Group 2: Market Sentiment - Analysts, including Jim Lebenthal from Cerity Partners, express a favorable view of PG&E, highlighting its resilience and potential for growth in the utility sector [1]. - Third Point Management acknowledges the recent tragic events in Southern California but emphasizes the importance of the company's performance and outlook in their investor communications [2].
BMO Capital Raises PG&E Corporation (PCG) PT to $25, Cites Discounted Valuation, Potential Catalysts
Yahoo Finance· 2025-10-17 13:59
Group 1 - PG&E Corporation is considered a high volume stock with a bullish outlook from analysts, particularly BMO Capital, which maintained a Buy rating and raised the price target to $25 from $23 [1][2] - BMO Capital cites potential catalysts for PG&E's valuation improvement, including achieving an investment-grade rating and increasing dividend yield [2] - Jefferies has a contrasting view, lowering its price target to $20 from $22 while still rating it as a Buy, highlighting PG&E as a preferred California utility due to its risk/reward profile and projected 9% premium EPS CAGR through 2030 [2] Group 2 - PG&E Corporation operates through its subsidiary, Pacific Gas and Electric Company, providing electricity and natural gas to customers in northern and central California [3]
PG&E Corporation (PCG) – Price Target Updated by BMO Capital
Yahoo Finance· 2025-10-16 19:06
Core Viewpoint - PG&E Corporation is recognized as one of the best nuclear power dividend stocks to invest in, with a recent price target increase from BMO Capital indicating strong potential for growth [1][3]. Company Overview - PG&E Corporation provides natural gas and electric services to residential and business customers in northern and central California, and owns the Diablo Canyon Power Plant, the only operational nuclear power plant in California [2]. Price Target and Analyst Rating - BMO Capital raised PG&E's price target from $23 to $25, representing an increase of over 50% from the current share price, while maintaining an 'Outperform' rating on the stock [3]. Financial Growth Potential - The company is expected to achieve EPS growth of 10% this year and at least 9% annually from 2026 to 2028, with a target of reaching a 20% dividend payout by 2028 [5]. Investment Thesis - Analysts believe PG&E is trading at a significant discount despite strong EPS and rate base growth, with potential catalysts for multiple expansion including an upgrade to an investment-grade rating and a growing dividend yield [4].
PG&E Corporation (NYSE:PCG) Receives New Price Target from BMO Capital
Financial Modeling Prep· 2025-10-14 17:13
Core Viewpoint - BMO Capital has set a new price target of $25 for PG&E Corporation, indicating a potential upside of approximately 56.54% from its current trading price of $15.97 [1][6] Company Overview - PG&E is a major utility company in California, focusing on grid upgrades and green energy initiatives, and competes in the Zacks Utility Electric Power industry [1] - The company has a market capitalization of around $35 billion and is considered a lower-risk investment after addressing wildfire-related challenges [4] Financial Projections - PG&E projects earnings per share (EPS) of $1.50 for 2025, with revenues expected to reach $26.2 billion, indicating strong year-over-year growth [2][6] - The stock is currently priced at $15.97, with a recent change of $0.11, or 0.69%, and has fluctuated between $15.88 and $16.12 during the trading day [5] Investment Strategy - PG&E plans to invest $63 billion from 2024 to 2028 to improve infrastructure safety, reliability, and resilience, enhancing its position in the utility sector [2][6] - The company achieved 580 megawatts of battery storage in 2024, advancing its renewable and zero-carbon energy goals, positioning it as a strong investment opportunity [3] Risk Mitigation - PG&E benefits from California's $18 billion wildfire fund, which reduces its liability share, and is working on undergrounding power lines to mitigate future wildfire risks [4]
Here's Why You Should Include PCG Stock in Your Portfolio Now
ZACKS· 2025-10-13 14:36
Core Insights - PG&E Corporation (PCG) is making significant investments in gas-related projects and enhancing the safety and reliability of its electric systems, positioning itself as a strong investment opportunity in the Zacks Utility Electric Power industry [1] Growth Outlook - The Zacks Consensus Estimate for PCG's 2025 earnings per share (EPS) is $1.50, reflecting a year-over-year increase of 10.3% [2] - The estimated revenues for 2025 are projected at $26.20 billion, indicating a growth of 7.3% from the 2024 reported figure [2] - PCG's long-term earnings growth rate is forecasted at 9%, with an average earnings surprise of 0.97% over the last four quarters [2] Return on Equity - PG&E's return on equity (ROE) stands at 10.13%, surpassing the sector average of 9.91%, indicating more effective utilization of funds compared to peers [3] Long-Term Investment Framework - The company plans to invest $12.9 billion in 2025, with total investments of $63 billion projected for the 2024-2028 period, aimed at enhancing safety, reliability, and operational resilience [4] Battery Energy Storage Initiatives - PG&E is actively investing in battery energy storage, managing over 4.6 gigawatts of contracts for deployment and operating 183 megawatts of utility-owned battery storage [5] - By the end of 2024, PG&E aims to achieve 580 megawatts of qualifying storage capacity operational, supporting its renewable energy goals [6][8] Solvency - PG&E's times interest earned (TIE) ratio at the end of Q2 2025 was 1.7, indicating the company's capacity to meet long-term debt obligations [7] Valuation - PG&E is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 9.89X, which is lower than the industry average of 15.44X, suggesting a discount valuation [9] Stock Price Performance - Over the past three months, PCG shares have increased by 18.4%, outperforming the industry's growth of 4% [10]
PG&E: Buy The Weakness (NYSE:PCG)
Seeking Alpha· 2025-10-13 10:29
Company Overview - PG&E (NYSE: PCG) is one of the largest utilities in the United States, with a market capitalization of $35 billion [2]. Challenges Faced - The company has been struggling due to a difficult market environment in California and has incurred tens of billions of dollars in wildfire liabilities [2]. Investment Strategy - The Value Portfolio focuses on building retirement portfolios through a fact-based research strategy, which includes thorough analysis of 10Ks, analyst commentary, market reports, and investor presentations [2].