Research Analysts Set Expectations for PEG Q1 Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG - Free Report) - Stock analysts at Zacks Research boosted their Q1 2025 EPS estimates for shares of Public Service Enterprise Group in a research report issued on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $1.40 per share for the quarter, up from their previous estimate of $1.30. 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 Q4 2025 earnings at $0.81 EPS, Q2 2026 earnings at $0.84 EPS, Q4 2026 earnings at $0.92 EPS, FY2026 earnings at $4.26 EPS and FY2027 earnings at $4.35 EPS.

Public Service Enterprise Group (NYSE:PEG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The utilities provider reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.01. The company had revenue of $2.47 billion for the quarter, compared to analysts' expectations of $2.03 billion. Public Service Enterprise Group had a net margin of 19.48% and a return on equity of 10.70%. The business's quarterly revenue was down 5.4% compared to the same quarter last year. During the same period last year, the firm posted $0.54 earnings per share.

Other analysts also recently issued reports about the stock. Wells Fargo & Company dropped their target price on shares of Public Service Enterprise Group from $100.00 to $95.00 and set an "overweight" rating on the stock in a report on Wednesday, February 26th. Bank of America dropped their price objective on shares of Public Service Enterprise Group from $95.00 to $92.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. Morgan Stanley increased their target price on Public Service Enterprise Group from $96.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday. LADENBURG THALM/SH SH lowered Public Service Enterprise Group from a "buy" rating to a "neutral" rating and set a $82.50 price target on the stock. in a report on Wednesday, March 19th. Finally, Guggenheim reiterated a "buy" rating and set a $98.00 price objective on shares of Public Service Enterprise Group in a report on Wednesday, February 26th. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $89.65.

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Public Service Enterprise Group Stock Up 0.3 %

Shares of NYSE PEG traded up $0.28 during mid-day trading on Thursday, reaching $83.26. 2,446,254 shares of the company's stock were exchanged, compared to its average volume of 2,548,438. Public Service Enterprise Group has a twelve month low of $64.03 and a twelve month high of $95.22. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $41.51 billion, a price-to-earnings ratio of 20.46, a PEG ratio of 2.78 and a beta of 0.60. The business has a fifty day simple moving average of $83.48 and a 200 day simple moving average of $86.11.

Public Service Enterprise Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be paid a dividend of $0.63 per share. The ex-dividend date is Monday, March 10th. This is a positive change from Public Service Enterprise Group's previous quarterly dividend of $0.60. This represents a $2.52 annualized dividend and a dividend yield of 3.03%. Public Service Enterprise Group's payout ratio is currently 71.19%.

Insider Transactions at Public Service Enterprise Group

In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 1,378 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $83.10, for a total transaction of $114,511.80. Following the transaction, the chief executive officer now owns 126,791 shares of the company's stock, valued at $10,536,332.10. The trade was a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.57% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Transce3nd LLC bought a new position in Public Service Enterprise Group during the fourth quarter worth $25,000. Chapman Financial Group LLC acquired a new stake in shares of Public Service Enterprise Group during the 4th quarter worth about $25,000. REAP Financial Group LLC boosted its holdings in shares of Public Service Enterprise Group by 105.9% during the 4th quarter. REAP Financial Group LLC now owns 315 shares of the utilities provider's stock worth $27,000 after buying an additional 162 shares during the period. Wingate Wealth Advisors Inc. acquired a new position in Public Service Enterprise Group in the 4th quarter valued at about $35,000. Finally, OFI Invest Asset Management bought a new position in Public Service Enterprise Group in the 4th quarter valued at about $39,000. 73.34% of the stock is owned by institutional investors and hedge funds.

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.