Research Analysts Offer Predictions for PEG Q1 Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG - Free Report) - Equities researchers at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of Public Service Enterprise Group in a research note issued to investors on Thursday, December 12th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.26 per share for the quarter, up from their previous forecast of $1.23. The consensus estimate for Public Service Enterprise Group's current full-year earnings is $3.67 per share. Zacks Research also issued estimates for Public Service Enterprise Group's Q2 2025 earnings at $0.78 EPS, Q4 2025 earnings at $0.95 EPS, Q2 2026 earnings at $0.77 EPS and FY2026 earnings at $4.23 EPS.

Public Service Enterprise Group (NYSE:PEG - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The utilities provider reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.03. Public Service Enterprise Group had a net margin of 19.48% and a return on equity of 10.70%. The business had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.44 billion. During the same quarter in the prior year, the company posted $0.85 EPS. The business's revenue for the quarter was up 7.6% on a year-over-year basis.

A number of other equities research analysts have also recently weighed in on PEG. Evercore ISI lifted their price target on shares of Public Service Enterprise Group from $92.00 to $95.00 and gave the company an "outperform" rating in a research report on Tuesday, October 8th. Barclays decreased their price target on shares of Public Service Enterprise Group from $98.00 to $88.00 and set an "overweight" rating for the company in a research report on Tuesday, November 5th. UBS Group increased their price target on Public Service Enterprise Group from $94.00 to $98.00 and gave the company a "neutral" rating in a research report on Wednesday, October 30th. Bank of America increased their price objective on shares of Public Service Enterprise Group from $84.00 to $88.00 and gave the company a "buy" rating in a research report on Thursday, August 29th. Finally, BMO Capital Markets lifted their price target on Public Service Enterprise Group from $86.00 to $89.00 and gave the stock a "market perform" rating in a report on Monday, October 21st. Four investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Public Service Enterprise Group currently has a consensus rating of "Moderate Buy" and an average target price of $89.17.

Public Service Enterprise Group Trading Down 0.9 %

Shares of Public Service Enterprise Group stock traded down $0.76 during trading hours on Monday, hitting $86.05. The company's stock had a trading volume of 1,984,828 shares, compared to its average volume of 2,746,675. The stock has a market cap of $42.87 billion, a price-to-earnings ratio of 21.33, a P/E/G ratio of 3.18 and a beta of 0.62. Public Service Enterprise Group has a twelve month low of $56.85 and a twelve month high of $95.22. The firm has a fifty day moving average of $89.21 and a 200-day moving average of $82.46. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.48 and a current ratio of 0.68.

Institutional Investors Weigh In On Public Service Enterprise Group

Large investors have recently added to or reduced their stakes in the business. Sound Shore Management Inc. CT acquired a new position in shares of Public Service Enterprise Group in the second quarter valued at approximately $71,298,000. FMR LLC increased its holdings in shares of Public Service Enterprise Group by 19.4% during the 3rd quarter. FMR LLC now owns 5,401,024 shares of the utilities provider's stock worth $481,825,000 after buying an additional 877,345 shares during the last quarter. Hsbc Holdings PLC grew its position in Public Service Enterprise Group by 43.2% during the second quarter. Hsbc Holdings PLC now owns 2,426,170 shares of the utilities provider's stock valued at $178,763,000 after acquiring an additional 732,443 shares during the period. Jennison Associates LLC raised its holdings in shares of Public Service Enterprise Group by 79.5% in the 3rd quarter. Jennison Associates LLC now owns 1,502,136 shares of the utilities provider's stock worth $134,006,000 after purchasing an additional 665,105 shares during the period. Finally, Raymond James & Associates increased its position in Public Service Enterprise Group by 30.1% during the 3rd quarter. Raymond James & Associates now owns 2,869,113 shares of the utilities provider's stock worth $255,954,000 after purchasing an additional 663,012 shares in the last quarter. 73.34% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 1,378 shares of the business's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $90.20, for a total transaction of $124,295.60. Following the sale, the chief executive officer now directly owns 147,514 shares in the company, valued at approximately $13,305,762.80. The trade was a 0.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Tamara Louise Linde sold 9,564 shares of the firm's stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $90.61, for a total value of $866,594.04. Following the completion of the transaction, the executive vice president now owns 48,397 shares of the company's stock, valued at approximately $4,385,252.17. This represents a 16.50 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 17,798 shares of company stock worth $1,595,921. Company insiders own 0.57% of the company's stock.

Public Service Enterprise Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Tuesday, December 10th. Public Service Enterprise Group's dividend payout ratio is presently 58.97%.

Public Service Enterprise Group Company Profile

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs.