PEGI - Pattern Energy Group Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
25.83
+0.24 (+0.94%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close25.59
Open26.65
Bid0.00 x 1400
Ask0.00 x 800
Day's Range25.38 - 25.85
52 Week Range17.23 - 26.65
Volume679,871
Avg. Volume774,782
Market Cap2.538B
Beta (3Y Monthly)1.10
PE Ratio (TTM)N/A
EPS (TTM)-0.29
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & Yield1.69 (7.36%)
Ex-Dividend Date2019-06-27
1y Target Est24.38
Trade prices are not sourced from all markets
  • These 2 High-Yield Renewable Energy Stocks Are Considering a High-Powered Merger
    Motley Fool

    These 2 High-Yield Renewable Energy Stocks Are Considering a High-Powered Merger

    Media reports suggest Pattern Energy Group and TerraForm Power could join forces.

  • Thomson Reuters StreetEvents

    Edited Transcript of PEGI earnings conference call or presentation 6-Aug-19 2:30pm GMT

    Q2 2019 Pattern Energy Group Inc Earnings Call

  • Pattern Energy (PEGI) Catches Eye: Stock Jumps 7.9%
    Zacks

    Pattern Energy (PEGI) Catches Eye: Stock Jumps 7.9%

    Pattern Energy (PEGI) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

  • Benzinga

    Pattern Energy Confirms Approaches By Third Parties

    Pattern Energy Group  (NASDAQ: PEGI ) confirmed it's responding to a request from the Investment Industry Regulatory Organization of Canada to comment on recent media reports. Pattern Energy says it has ...

  • Pattern Energy Gets Takeover Interest From Suitors
    Bloomberg

    Pattern Energy Gets Takeover Interest From Suitors

    (Bloomberg) -- Pattern Energy Group Inc., a power producer that owns wind and solar farms in the U.S., Canada and Japan, has “drawn interest” from potential takeover suitors, according to a statement Tuesday."No agreement or arrangement for any transaction has been reached," the San Francisco-based company said in the statement, confirming an earlier report in Bloomberg News. "Pattern Energy has a track record of regularly assessing various types of transactions that may be in the best interests of Pattern Energy and its shareholders."Pattern Energy is working with a financial adviser after drawing interest from suitors including Brookfield Asset Management Inc., which has floated the idea of merging the company with TerraForm Power Inc., according to people familiar with the matter, who asked to not be identified because the matter isn’t public. Brookfield owns about 65% of TerraForm Power, according to data compiled by Bloomberg.Talks are ongoing, no decision has been made and the company could opt to remain independent, the people said.Pattern rose 8% Monday on the news, its largest gain since December 2015. The company has a market value of about $2.5 billion. It had $2.5 billion in total debt at June 30, according to data compiled Bloomberg.Pattern Energy has 26 wind and solar energy projects in the U.S., Canada and Japan, as well as additional development projects in Mexico, according to its website. It went public in 2013 as a so-called yieldco, or renewable power company that doles out much of the cash it collects from electricity sales as dividends to investors.Yieldcos fell out of favor with investors about four years ago after some of them faltered.\--With assistance from Brian Eckhouse.To contact the reporters on this story: Scott Deveau in New York at sdeveau2@bloomberg.net;Kiel Porter in Chicago at kporter17@bloomberg.netTo contact the editors responsible for this story: Liana Baker at lbaker75@bloomberg.net, Matthew Monks, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • MarketWatch

    Pattern Energy confirms interest from third parties, says is responding 'as appropriate'

    Pattern Energy Group Inc. on Tuesday confirmed that it has drawn interest from third parties and is responding to their inquiries "as appropriate." The San Francisco-based, independent power company said it was responding to a request from the Investment Industry Regulatory Organization of Canada to comment on recent media reports. The stock is also listed on the Toronto exchange. "A transaction may or may not be agreed as a result of any such inquiries or discussions," the company said in a statement, adding that it regularly assesses potential deals, that include joint ventures, asset M&A, debt and equity capital transactions, and project debt refinancings. The company will not make any further public statements on rumors or speculation unless it deems it to be necessary. The stock was halted for the news, but has gained 35% in 2019, while the S&P 500 has gained 15%.

  • CNW Group

    Pattern Energy Responds to Media Reports

    SAN FRANCISCO , Aug. 13, 2019 /CNW/ -- Pattern Energy Group Inc. (NASDAQ and TSX: PEGI) ("Pattern Energy" or the "Company") is today responding to a request from the Investment Industry Regulatory Organization of Canada to comment on recent media reports.

  • Pattern Energy Group Inc (PEGI) Q2 2019 Earnings Call Transcript
    Motley Fool

    Pattern Energy Group Inc (PEGI) Q2 2019 Earnings Call Transcript

    PEGI earnings call for the period ending June 30, 2019.

  • This High-Yielding Renewable Energy Stock Is Right On Track With Its Growth Plan
    Motley Fool

    This High-Yielding Renewable Energy Stock Is Right On Track With Its Growth Plan

    While Pattern Energy battled headwinds, it made excellent strategic progress during the second quarter.

  • Pattern Energy (PEGI) Incurs Loss in Q2, Misses on Revenues
    Zacks

    Pattern Energy (PEGI) Incurs Loss in Q2, Misses on Revenues

    Pattern Energy Group (PEGI) incurs loss in Q2 versus earnings a year ago. Volumes of electricity sold during the quarter drop year over year due to unfavorable wind conditions.

  • Pattern Energy (PEGI) Reports Q2 Loss, Misses Revenue Estimates
    Zacks

    Pattern Energy (PEGI) Reports Q2 Loss, Misses Revenue Estimates

    Pattern Energy (PEGI) delivered earnings and revenue surprises of -275.00% and -8.47%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • CNW Group

    Pattern Energy Reports Second Quarter 2019 Financial Results

    Pattern Energy Reports Second Quarter 2019 Financial Results

  • Analysts Estimate Pattern Energy (PEGI) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Pattern Energy (PEGI) to Report a Decline in Earnings: What to Look Out for

    Pattern Energy (PEGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • CNW Group

    Pattern Energy to Host 2019 Second Quarter Results Conference Call

    Pattern Energy to Host 2019 Second Quarter Results Conference Call

  • 3 Top Solar Stocks to Buy Right Now
    Motley Fool

    3 Top Solar Stocks to Buy Right Now

    These three solar stocks have a bright future.

  • Does The Pattern Energy Group Inc. (NASDAQ:PEGI) Share Price Tend To Follow The Market?
    Simply Wall St.

    Does The Pattern Energy Group Inc. (NASDAQ:PEGI) Share Price Tend To Follow The Market?

    Anyone researching Pattern Energy Group Inc. (NASDAQ:PEGI) might want to consider the historical volatility of the...

  • Do Hedge Funds Love Pattern Energy Group Inc (PEGI)?
    Insider Monkey

    Do Hedge Funds Love Pattern Energy Group Inc (PEGI)?

    It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]

  • Better Buy: Kinder Morgan vs. Pattern Energy
    Motley Fool

    Better Buy: Kinder Morgan vs. Pattern Energy

    These two high-yielding energy stocks go head-to-head.

  • 5 Top Stocks to Buy in July
    Motley Fool

    5 Top Stocks to Buy in July

    As we head into the latter half of the year, here are five stocks on our contributors’ radars.

  • Did Changing Sentiment Drive Pattern Energy Group's (NASDAQ:PEGI) Share Price Down By 31%?
    Simply Wall St.

    Did Changing Sentiment Drive Pattern Energy Group's (NASDAQ:PEGI) Share Price Down By 31%?

    The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to...

  • Have Insiders Been Selling Pattern Energy Group Inc. (NASDAQ:PEGI) Shares This Year?
    Simply Wall St.

    Have Insiders Been Selling Pattern Energy Group Inc. (NASDAQ:PEGI) Shares This Year?

    It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

  • Is Pattern Energy Group Inc.'s (NASDAQ:PEGI) CEO Overpaid Relative To Its Peers?
    Simply Wall St.

    Is Pattern Energy Group Inc.'s (NASDAQ:PEGI) CEO Overpaid Relative To Its Peers?

    In 2012 Mike Garland was appointed CEO of Pattern Energy Group Inc. (NASDAQ:PEGI). This report will, first, examine...