Pacific Gas & Electric (PCG) Expected to Announce Earnings on Thursday

Pacific Gas & Electric (NYSE:PCG) is anticipated to release its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect Pacific Gas & Electric to post earnings of $0.3556 per share and revenue of $6.2046 billion for the quarter. Interested persons may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, April 23, 2026 at 11:00 AM ET.

Pacific Gas & Electric (NYSE:PCG) last posted its quarterly earnings data on Wednesday, February 11th. The utilities provider reported $0.36 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.36. The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $7.05 billion. Pacific Gas & Electric had a net margin of 10.84% and a return on equity of 11.28%. During the same quarter in the previous year, the business posted $0.31 earnings per share. On average, analysts expect Pacific Gas & Electric to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Pacific Gas & Electric Trading Up 0.4%

NYSE PCG opened at $17.33 on Tuesday. The company’s 50-day moving average price is $17.97 and its 200-day moving average price is $16.61. The company has a current ratio of 0.97, a quick ratio of 0.92 and a debt-to-equity ratio of 1.84. The stock has a market cap of $38.08 billion, a PE ratio of 14.68, a PEG ratio of 0.66 and a beta of 0.34. Pacific Gas & Electric has a 12 month low of $12.97 and a 12 month high of $19.16.

Pacific Gas & Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, March 31st. Pacific Gas & Electric’s dividend payout ratio is presently 16.95%.

Analyst Ratings Changes

Several research firms have commented on PCG. Morgan Stanley set a $23.00 price target on shares of Pacific Gas & Electric in a research report on Friday, February 20th. JPMorgan Chase & Co. increased their price target on shares of Pacific Gas & Electric from $21.00 to $24.00 and gave the company an “overweight” rating in a research report on Wednesday, March 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Pacific Gas & Electric in a research report on Friday, March 27th. Wall Street Zen lowered shares of Pacific Gas & Electric from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Finally, Wells Fargo & Company increased their price target on shares of Pacific Gas & Electric from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Pacific Gas & Electric presently has a consensus rating of “Hold” and an average price target of $21.42.

Insider Transactions at Pacific Gas & Electric

In other news, EVP John R. Simon sold 45,607 shares of Pacific Gas & Electric stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $18.00, for a total transaction of $820,926.00. Following the transaction, the executive vice president owned 392,303 shares in the company, valued at $7,061,454. The trade was a 10.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kerry Whorton Cooper sold 2,500 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $18.68, for a total transaction of $46,700.00. Following the completion of the sale, the director owned 73,141 shares in the company, valued at approximately $1,366,273.88. This trade represents a 3.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 84,286 shares of company stock valued at $1,528,746 in the last 90 days. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Pacific Gas & Electric

A number of institutional investors and hedge funds have recently made changes to their positions in PCG. Pinebridge Investments LLC bought a new stake in shares of Pacific Gas & Electric in the 4th quarter worth approximately $28,967,000. BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of Pacific Gas & Electric by 499.7% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 433,064 shares of the utilities provider’s stock valued at $6,037,000 after purchasing an additional 360,845 shares during the period. Captrust Financial Advisors lifted its stake in shares of Pacific Gas & Electric by 168.2% in the 3rd quarter. Captrust Financial Advisors now owns 293,527 shares of the utilities provider’s stock valued at $4,426,000 after purchasing an additional 184,086 shares during the period. Van Lanschot Kempen Investment Management N.V. lifted its stake in shares of Pacific Gas & Electric by 96.5% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 110,915 shares of the utilities provider’s stock valued at $1,782,000 after purchasing an additional 54,474 shares during the period. Finally, Woodline Partners LP lifted its stake in shares of Pacific Gas & Electric by 41.2% in the 1st quarter. Woodline Partners LP now owns 185,324 shares of the utilities provider’s stock valued at $3,184,000 after purchasing an additional 54,033 shares during the period. 78.56% of the stock is owned by institutional investors and hedge funds.

About Pacific Gas & Electric

Pacific Gas & Electric (NYSE: PCG) is an investor-owned utility holding company whose principal operating subsidiary, Pacific Gas and Electric Company, provides electricity and natural gas service in northern and central California. The company’s core activities include the generation, procurement, transmission and distribution of electric power, as well as the transmission and distribution of natural gas. PG&E serves a broad mix of residential, commercial, and industrial customers across urban and rural communities within its California service territory.

PG&E’s operations encompass utility infrastructure planning and construction, grid operations, customer service and energy procurement.