Zacks Research Issues Optimistic Outlook for PEG Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG) – Equities research analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Public Service Enterprise Group in a research note issued on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts 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) last issued its quarterly earnings results on Tuesday, February 25th. The utilities provider reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.01. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.03 billion. Public Service Enterprise Group had a return on equity of 10.70% and a net margin of 19.48%. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.54 earnings per share.

Other research analysts have also issued research reports about the stock. Guggenheim reaffirmed a “buy” rating and set a $98.00 target price on shares of Public Service Enterprise Group in a report on Wednesday, February 26th. LADENBURG THALM/SH SH downgraded Public Service Enterprise Group from a “buy” rating to a “neutral” rating and set a $82.50 price objective for the company. in a research note on Wednesday. StockNews.com raised shares of Public Service Enterprise Group from a “sell” rating to a “hold” rating in a research note on Friday, March 14th. Scotiabank raised their target price on Public Service Enterprise Group from $73.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Finally, Barclays lowered Public Service Enterprise Group from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $88.00 to $84.00 in a research report on Monday, January 27th. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $89.65.

Public Service Enterprise Group Stock Up 0.2 %

Public Service Enterprise Group stock opened at $83.32 on Thursday. Public Service Enterprise Group has a fifty-two week low of $63.68 and a fifty-two week high of $95.22. The firm has a market capitalization of $41.54 billion, a PE ratio of 20.47, a P/E/G ratio of 2.78 and a beta of 0.60. The company’s 50-day moving average is $83.53 and its 200-day moving average is $86.01. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.68 and a quick ratio of 0.48.

Public Service Enterprise Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be issued a $0.63 dividend. The ex-dividend date is Monday, March 10th. This represents a $2.52 annualized dividend and a dividend yield of 3.02%. This is a boost from Public Service Enterprise Group’s previous quarterly dividend of $0.60. Public Service Enterprise Group’s dividend payout ratio (DPR) is presently 71.19%.

Insider Transactions at Public Service Enterprise Group

In other news, CEO Ralph A. Larossa sold 1,378 shares of Public Service Enterprise Group stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $83.10, for a total transaction of $114,511.80. Following the completion of the sale, the chief executive officer now directly owns 126,791 shares of the company’s stock, valued at approximately $10,536,332.10. The trade was a 1.08 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.57% of the stock is owned by insiders.

Hedge Funds Weigh In On Public Service Enterprise Group

A number of large investors have recently modified their holdings of PEG. Transce3nd LLC bought a new position in shares of Public Service Enterprise Group during the 4th quarter valued at $25,000. Chapman Financial Group LLC bought a new stake in Public Service Enterprise Group in the fourth quarter valued at approximately $25,000. REAP Financial Group LLC boosted its position in 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 valued at $27,000 after buying an additional 162 shares during the period. Wingate Wealth Advisors Inc. purchased a new stake in shares of Public Service Enterprise Group during the fourth quarter worth about $35,000. Finally, OFI Invest Asset Management bought a new stake in shares of Public Service Enterprise Group in the 4th quarter worth approximately $39,000. 73.34% of the stock is owned by hedge funds and other institutional investors.

About Public Service Enterprise Group

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.