PG&E Corp

PCG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$63.70	Zwcy	Hxjlsxmp

PG&E: Reinstates Small Dividend, Reaffirms Near-Term Growth Outlook

Travis Miller

Nov 28, 2023

We are reaffirming our $15.50 per share fair value estimate for PG&E after management reaffirmed its 2024-25 outlook in line with our estimates and announced it will pay a dividend in January for the first time in six years. We are maintaining our no-moat rating.

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