Zacks Research Issues Pessimistic Estimate for PEG Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG) – Research analysts at Zacks Research decreased their Q2 2025 earnings per share estimates for shares of Public Service Enterprise Group in a research report issued on Wednesday, May 21st. Zacks Research analyst R. Department now expects that the utilities provider will earn $0.75 per share for the quarter, down from their previous estimate of $0.77. 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 Q3 2025 earnings at $1.02 EPS, Q4 2025 earnings at $0.78 EPS, FY2025 earnings at $3.97 EPS, Q2 2026 earnings at $0.88 EPS, Q1 2027 earnings at $1.49 EPS and FY2027 earnings at $4.54 EPS.

Public Service Enterprise Group (NYSE:PEG) last issued its earnings results on Wednesday, April 30th. The utilities provider reported $1.43 EPS for the quarter, meeting the consensus estimate of $1.43. Public Service Enterprise Group had a net margin of 19.48% and a return on equity of 10.70%. The company had revenue of $3.22 billion during the quarter, compared to analysts’ expectations of $3.15 billion. During the same quarter in the previous year, the company posted $1.31 EPS. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year.

Several other equities analysts have also recently weighed in on the company. Evercore ISI decreased their price objective on Public Service Enterprise Group from $99.00 to $92.00 and set an “outperform” rating for the company in a report on Thursday, May 1st. Barclays decreased their price objective on Public Service Enterprise Group from $84.00 to $83.00 and set an “equal weight” rating for the company in a report on Tuesday, April 8th. Morgan Stanley decreased their price objective on Public Service Enterprise Group from $102.00 to $101.00 and set an “overweight” rating for the company in a report on Thursday. Wells Fargo & Company reduced their price target on Public Service Enterprise Group from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. Finally, Bank of America reduced their price target on Public Service Enterprise Group from $95.00 to $92.00 and set a “buy” rating for the company in a report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $88.88.

Public Service Enterprise Group Stock Performance

PEG opened at $77.34 on Thursday. The business’s 50-day moving average price is $80.70 and its two-hundred day moving average price is $83.92. Public Service Enterprise Group has a 1 year low of $71.89 and a 1 year high of $95.22. The company has a market capitalization of $38.59 billion, a price-to-earnings ratio of 19.00, a P/E/G ratio of 2.78 and a beta of 0.48. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.68 and a quick ratio of 0.48.

Institutional Trading of Public Service Enterprise Group

Hedge funds have recently added to or reduced their stakes in the business. Center for Financial Planning Inc. increased its position in shares of Public Service Enterprise Group by 3.0% in the fourth quarter. Center for Financial Planning Inc. now owns 4,126 shares of the utilities provider’s stock valued at $349,000 after acquiring an additional 120 shares during the period. Spire Wealth Management increased its position in shares of Public Service Enterprise Group by 2.4% in the fourth quarter. Spire Wealth Management now owns 5,207 shares of the utilities provider’s stock valued at $440,000 after acquiring an additional 121 shares during the period. Centre Asset Management LLC increased its position in shares of Public Service Enterprise Group by 3.2% in the first quarter. Centre Asset Management LLC now owns 3,933 shares of the utilities provider’s stock valued at $324,000 after acquiring an additional 121 shares during the period. United Asset Strategies Inc. increased its position in shares of Public Service Enterprise Group by 2.6% in the fourth quarter. United Asset Strategies Inc. now owns 4,921 shares of the utilities provider’s stock valued at $416,000 after acquiring an additional 127 shares during the period. Finally, FourThought Financial Partners LLC increased its position in shares of Public Service Enterprise Group by 2.8% in the first quarter. FourThought Financial Partners LLC now owns 4,588 shares of the utilities provider’s stock valued at $378,000 after acquiring an additional 127 shares during the period. 73.34% of the stock is owned by institutional investors.

Insider Buying and Selling at Public Service Enterprise Group

In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 1,378 shares of the firm’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $82.88, for a total value of $114,208.64. Following the completion of the transaction, the chief executive officer now directly owns 221,670 shares of the company’s stock, valued at $18,372,009.60. This trade represents a 0.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.19% of the company’s stock.

Public Service Enterprise Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 9th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 3.26%. The ex-dividend date of this dividend is Monday, June 9th. Public Service Enterprise Group’s payout ratio is 68.85%.

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.