Pacific Gas & Electric (NYSE:PCG) Releases FY 2026 Earnings Guidance

Pacific Gas & Electric (NYSE:PCG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.640-1.660 for the period, compared to the consensus earnings per share estimate of 1.630. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of brokerages recently weighed in on PCG. Wells Fargo & Company lifted their price objective on shares of Pacific Gas & Electric from $23.00 to $24.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Wall Street Zen upgraded Pacific Gas & Electric from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. UBS Group boosted their target price on Pacific Gas & Electric from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Pacific Gas & Electric in a research report on Monday, December 29th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Pacific Gas & Electric in a research report on Thursday, December 4th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $20.55.

Pacific Gas & Electric Trading Up 2.6%

NYSE PCG opened at $18.01 on Friday. Pacific Gas & Electric has a 12 month low of $12.97 and a 12 month high of $17.95. The company has a market capitalization of $39.58 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 0.66 and a beta of 0.36. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.89. The firm’s fifty day moving average price is $15.69 and its 200 day moving average price is $15.61.

Pacific Gas & Electric (NYSE:PCG) last issued its quarterly earnings data on Thursday, February 12th. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.36. The company had revenue of $6.80 billion for the quarter, compared to analyst estimates of $7.05 billion. Pacific Gas & Electric had a return on equity of 11.10% and a net margin of 10.93%.During the same quarter last year, the company posted $0.31 earnings per share. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. On average, sell-side analysts expect that Pacific Gas & Electric will post 1.49 earnings per share for the current fiscal year.

Pacific Gas & Electric Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a dividend of $0.05 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.20 dividend on an annualized basis and a yield of 1.1%. This is an increase from Pacific Gas & Electric’s previous quarterly dividend of $0.03. Pacific Gas & Electric’s dividend payout ratio (DPR) is currently 16.81%.

Pacific Gas & Electric News Summary

Here are the key news stories impacting Pacific Gas & Electric this week:

• Positive Sentiment: PG&E tightened and nudged up its FY2026 EPS guidance to $1.640–$1.660, raising the lower end above Street estimates — a sign management expects steadier earnings into 2026. PG&E Corporation Reports Solid 2025 Results, Tightens 2026 Earnings Guidance
• Positive Sentiment: Unusual options flow: traders bought ~45,532 call contracts (about a 77% jump vs typical volume), which can signal bullish positioning and may amplify short‑term upside. (reported trading alert)
• Positive Sentiment: Wall Street sentiment is generally favorable — multiple recent buy/overweight ratings and a median analyst target (~$21) provide upside narrative relative to the current price. PG&E ($PCG) Releases Q4 2025 Earnings
• Neutral Sentiment: Reported Q4 EPS of $0.36 matched consensus and improved year-over-year (from $0.31), removing an immediate earnings surprise risk. PG&E Q4 Earnings in Line With Estimates, Revenues Increase Y/Y
• Negative Sentiment: Revenue missed analyst expectations (reported ~$6.80B vs. estimates near $7.05–7.12B), which could limit upside if top‑line weakness persists. PG&E ($PCG) Releases Q4 2025 Earnings
• Negative Sentiment: Fourth‑quarter net income declined year‑over‑year, noted by coverage like the WSJ, which could temper longer‑term sentiment despite the tightened guidance. PG&E Profit Down, Tightens Adj EPS View for Year

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Pinebridge Investments LLC purchased a new position in Pacific Gas & Electric in the 4th quarter valued at $28,967,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Pacific Gas & Electric by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 684,942 shares of the utilities provider’s stock valued at $10,329,000 after acquiring an additional 4,248 shares in the last quarter. State of Tennessee Department of Treasury raised its holdings in Pacific Gas & Electric by 3.6% during the second quarter. State of Tennessee Department of Treasury now owns 447,708 shares of the utilities provider’s stock worth $6,241,000 after purchasing an additional 15,473 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its holdings 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 buying an additional 360,845 shares during the period. Finally, Captrust Financial Advisors boosted its position in shares of Pacific Gas & Electric by 168.2% during the 3rd quarter. Captrust Financial Advisors now owns 293,527 shares of the utilities provider’s stock worth $4,426,000 after purchasing an additional 184,086 shares in the last quarter. Institutional investors and hedge funds own 78.56% of the company’s stock.

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.