Zacks Research Has Negative Forecast for PEG Q2 Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG) – Zacks Research reduced their Q2 2025 earnings per share estimates for Public Service Enterprise Group in a note issued to investors on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the utilities provider will earn $0.77 per share for the quarter, down from their previous estimate of $0.79. 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 FY2025 earnings at $4.00 EPS, Q1 2026 earnings at $1.68 EPS and Q3 2026 earnings at $0.82 EPS.

Other research analysts have also issued research reports about the stock. StockNews.com upgraded shares of Public Service Enterprise Group from a “sell” rating to a “hold” rating in a research report on Friday, March 14th. LADENBURG THALM/SH SH downgraded Public Service Enterprise Group from a “buy” rating to a “neutral” rating and set a $82.50 price target on the stock. in a research report on Wednesday. BMO Capital Markets lifted their price objective on Public Service Enterprise Group from $85.00 to $86.00 and gave the company a “market perform” rating in a report on Wednesday, February 26th. Guggenheim reissued a “buy” rating and set a $98.00 target price on shares of Public Service Enterprise Group in a report on Wednesday, February 26th. Finally, Wells Fargo & Company dropped their price target on Public Service Enterprise Group from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. 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 has an average rating of “Moderate Buy” and a consensus price target of $89.65.

Public Service Enterprise Group Trading Up 0.2 %

PEG stock opened at $83.32 on Friday. Public Service Enterprise Group has a 52 week low of $63.68 and a 52 week high of $95.22. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.48 and a current ratio of 0.68. The company’s 50-day simple moving average is $83.53 and its 200 day simple moving average is $86.01. The company has a market capitalization of $41.54 billion, a PE ratio of 20.47, a price-to-earnings-growth ratio of 2.78 and a beta of 0.60.

Public Service Enterprise Group (NYSE:PEG) last issued its quarterly earnings data on Tuesday, February 25th. The utilities provider reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.01. Public Service Enterprise Group had a return on equity of 10.70% and a net margin of 19.48%. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the firm posted $0.54 EPS. The company’s revenue for the quarter was down 5.4% on a year-over-year basis.

Public Service Enterprise Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be issued a dividend of $0.63 per share. The ex-dividend date is Monday, March 10th. This is an increase from Public Service Enterprise Group’s previous quarterly dividend of $0.60. This represents a $2.52 annualized dividend and a dividend yield of 3.02%. Public Service Enterprise Group’s dividend payout ratio is 71.19%.

Insider Activity

In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 1,378 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $84.91, for a total value of $117,005.98. Following the completion of the transaction, the chief executive officer now directly owns 144,212 shares in the company, valued at approximately $12,245,040.92. This trade represents a 0.95 % 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. 0.57% of the stock is owned by corporate insiders.

Institutional Trading of Public Service Enterprise Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Transce3nd LLC bought a new stake in shares of Public Service Enterprise Group in the 4th quarter valued at about $25,000. Chapman Financial Group LLC bought a new stake in shares of Public Service Enterprise Group in the 4th quarter valued at $25,000. REAP Financial Group LLC increased its position in shares of Public Service Enterprise Group by 105.9% during the fourth 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. bought a new position in Public Service Enterprise Group during the fourth quarter worth $35,000. Finally, OFI Invest Asset Management acquired a new position in Public Service Enterprise Group in the fourth quarter valued at $39,000. 73.34% of the stock is currently 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.