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

Pacific Gas & Electric (NYSE:PCG) will likely be issuing its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to post earnings of $0.37 per share and revenue of $6.1520 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 Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 11:00 AM ET.

Pacific Gas & Electric (NYSE:PCG) last released its earnings results on Thursday, April 23rd. The utilities provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.04. The company had revenue of $6.88 billion during the quarter, compared to the consensus estimate of $6.20 billion. Pacific Gas & Electric had a return on equity of 11.95% and a net margin of 11.44%.Pacific Gas & Electric’s revenue was up 15.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.33 EPS. 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 Stock Up 0.3%

Shares of NYSE:PCG opened at $17.50 on Thursday. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.20 and a quick ratio of 1.13. The firm has a market capitalization of $46.89 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 0.67 and a beta of 0.27. The firm’s 50-day moving average is $16.71 and its two-hundred day moving average is $16.91. Pacific Gas & Electric has a 1 year low of $13.00 and a 1 year high of $19.16.

Pacific Gas & Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.05 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.1%. Pacific Gas & Electric’s payout ratio is 15.50%.

Analysts Set New Price Targets

PCG has been the topic of several recent research reports. Truist Financial cut their target price on shares of Pacific Gas & Electric from $23.00 to $22.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Wells Fargo & Company reissued an “overweight” rating and issued a $25.00 price target on shares of Pacific Gas & Electric in a research report on Tuesday, April 21st. Wall Street Zen upgraded shares of Pacific Gas & Electric from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Jefferies Financial Group reaffirmed a “hold” rating and set a $19.00 price objective (down from $20.00) on shares of Pacific Gas & Electric in a research report on Monday, March 23rd. Finally, Morgan Stanley set a $22.00 price objective on Pacific Gas & Electric in a research note on Thursday, May 21st. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $22.10.

Insiders Place Their Bets

In other news, EVP Jason M. Glickman sold 47,264 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $16.35, for a total transaction of $772,766.40. Following the completion of the sale, the executive vice president owned 136,433 shares in the company, valued at approximately $2,230,679.55. The trade was a 25.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On Pacific Gas & Electric

Several hedge funds and other institutional investors have recently bought and sold shares of PCG. Dynamic Technology Lab Private Ltd purchased a new stake in Pacific Gas & Electric in the first quarter valued at $203,000. Empowered Funds LLC grew its holdings in shares of Pacific Gas & Electric by 16.4% during the first quarter. Empowered Funds LLC now owns 46,936 shares of the utilities provider’s stock worth $806,000 after purchasing an additional 6,601 shares during the last quarter. Woodline Partners LP increased its position in shares of Pacific Gas & Electric by 41.2% during the first quarter. Woodline Partners LP now owns 185,324 shares of the utilities provider’s stock worth $3,184,000 after purchasing an additional 54,033 shares in the last quarter. Focus Partners Wealth increased its position in shares of Pacific Gas & Electric by 93.0% during the first quarter. Focus Partners Wealth now owns 83,816 shares of the utilities provider’s stock worth $1,440,000 after purchasing an additional 40,380 shares in the last quarter. Finally, 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 purchasing an additional 360,845 shares during the last quarter. 78.56% of the stock is currently 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.