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

Pacific Gas & Electric (NYSE:PCG) is expected to announce its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.4204 per share and revenue of $6.82 billion for the quarter. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Parties can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

Pacific Gas & Electric (NYSE:PCG) last posted its quarterly earnings data on Thursday, July 23rd. The utilities provider reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.04. The company had revenue of $5.90 billion for the quarter, compared to the consensus estimate of $6.20 billion. Pacific Gas & Electric had a net margin of 12.25% and a return on equity of 12.48%. The business’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 EPS. On average, analysts expect Pacific Gas & Electric to post $1.65 EPS for the current fiscal year and $1.80 EPS for the next fiscal year.

Pacific Gas & Electric Stock Up 0.5%

Shares of PCG opened at $13.20 on Wednesday. The company has a 50-day simple moving average of $14.32 and a 200-day simple moving average of $16.06. The firm has a market capitalization of $35.37 billion, a P/E ratio of 7.77, a P/E/G ratio of 1.05 and a beta of 0.28. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.15 and a current ratio of 1.22. Pacific Gas & Electric has a 52 week low of $11.77 and a 52 week high of $19.16.

Pacific Gas & Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.20 dividend on an annualized basis and a yield of 1.5%. Pacific Gas & Electric’s dividend payout ratio (DPR) is 14.49%.

Insiders Place Their Bets

In other Pacific Gas & Electric news, Director John Larsen purchased 7,500 shares of the stock in a transaction on Wednesday, September 30th. The shares were purchased at an average price of $12.20 per share, with a total value of $91,500.00. Following the acquisition, the director directly owned 36,685 shares of the company’s stock, valued at $447,557. This represents a 25.70% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director William Fugate sold 6,500 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $13.76, for a total transaction of $89,440.00. Following the completion of the sale, the director directly owned 73,530 shares in the company, valued at $1,011,772.80. This trade represents a 8.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.22% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. The Goldman Sachs Group set a $20.00 price target on Pacific Gas & Electric in a research note on Thursday, October 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pacific Gas & Electric in a report on Tuesday, September 1st. Bank of America reaffirmed a “neutral” rating and issued a $13.00 price target (down from $24.00) on shares of Pacific Gas & Electric in a report on Tuesday, September 1st. Jefferies Financial Group set a $13.00 price objective on Pacific Gas & Electric in a research report on Tuesday, September 1st. Finally, Barclays decreased their price objective on Pacific Gas & Electric from $18.00 to $17.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Three equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $17.27.

About Pacific Gas & Electric

PG&E Corporation (NYSE: PCG) is the holding company for Pacific Gas and Electric Company, a regulated utility that provides electricity and natural gas delivery services in Northern and Central California. Its operations include maintaining and operating electric transmission and distribution networks, natural gas pipelines, substations, and other infrastructure used to serve residential, commercial, industrial, and agricultural customers.

Pacific Gas and Electric Company serves a broad portion of California, including the San Francisco Bay Area, the Central Valley, and parts of the northern and central regions of the state.