What is Zacks Research’s Estimate for PEG Q2 Earnings?

Public Service Enterprise Group Incorporated (NYSE:PEG) – Equities researchers at Zacks Research reduced their Q2 2025 EPS estimates for Public Service Enterprise Group in a research report issued on Tuesday, July 1st. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $0.72 per share for the quarter, down from their previous forecast of $0.75. 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 $3.99 EPS, Q1 2026 earnings at $1.40 EPS, Q2 2026 earnings at $0.85 EPS, FY2026 earnings at $4.12 EPS and Q1 2027 earnings at $1.45 EPS.

A number of other research firms have also commented on PEG. Morgan Stanley reduced their price objective on shares of Public Service Enterprise Group from $101.00 to $100.00 and set an “overweight” rating for the company in a research note on Wednesday, June 18th. Wall Street Zen downgraded shares of Public Service Enterprise Group from a “hold” rating to a “sell” rating in a research report on Thursday, May 1st. BMO Capital Markets decreased their price objective on shares of Public Service Enterprise Group from $86.00 to $83.00 and set a “market perform” rating for the company in a research note on Thursday, April 10th. Guggenheim cut their target price on shares of Public Service Enterprise Group from $98.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, May 1st. Finally, Evercore ISI reduced their price objective on Public Service Enterprise Group from $99.00 to $92.00 and set an “outperform” rating for the company in a research note on Thursday, May 1st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $89.54.

Public Service Enterprise Group Trading Up 0.6%

Shares of NYSE PEG opened at $81.69 on Thursday. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 1.25. Public Service Enterprise Group has a 12 month low of $73.72 and a 12 month high of $95.22. The company has a market cap of $40.76 billion, a price-to-earnings ratio of 22.32, a P/E/G ratio of 2.91 and a beta of 0.48. The business has a fifty day simple moving average of $80.42 and a 200-day simple moving average of $82.28.

Public Service Enterprise Group (NYSE:PEG) last posted its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.43. The company had revenue of $3.22 billion for the quarter, compared to analysts’ expectations of $3.15 billion. Public Service Enterprise Group had a return on equity of 11.80% and a net margin of 17.01%. The firm’s revenue was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.31 earnings per share.

Hedge Funds Weigh In On Public Service Enterprise Group

A number of institutional investors have recently made changes to their positions in the business. Transce3nd LLC acquired a new stake in Public Service Enterprise Group in the 4th quarter valued at approximately $25,000. Chapman Financial Group LLC bought a new stake in Public Service Enterprise Group in the 4th quarter valued at $25,000. REAP Financial Group LLC grew its position in Public Service Enterprise Group by 105.9% in the 4th quarter. REAP Financial Group LLC now owns 315 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 162 shares during the last quarter. Headlands Technologies LLC acquired a new stake in Public Service Enterprise Group in the 1st quarter worth $32,000. Finally, Wealth Preservation Advisors LLC bought a new position in shares of Public Service Enterprise Group during the 1st quarter worth about $33,000. 73.34% of the stock is currently owned by institutional investors.

Insider Transactions at Public Service Enterprise Group

In related news, CEO Ralph A. Larossa sold 1,387 shares of the firm’s stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $83.12, for a total value of $115,287.44. Following the transaction, the chief executive officer directly owned 218,328 shares in the company, valued at approximately $18,147,423.36. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.19% of the stock is owned by insiders.

Public Service Enterprise Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 9th were issued a $0.63 dividend. The ex-dividend date of this dividend was Monday, June 9th. This represents a $2.52 annualized dividend and a yield of 3.09%. Public Service Enterprise Group’s dividend payout ratio (DPR) is currently 68.85%.

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.