What is Zacks Research’s Forecast for PEG Q1 Earnings?

Public Service Enterprise Group Incorporated (NYSE:PEG) – Equities research analysts at Zacks Research boosted their Q1 2026 earnings per share (EPS) estimates for Public Service Enterprise Group in a report issued on Wednesday, January 15th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.44 per share for the quarter, up from their prior forecast of $1.43. 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 Q2 2026 earnings at $0.78 EPS and FY2026 earnings at $4.25 EPS.

Several other research firms also recently weighed in on PEG. UBS Group raised their target price on Public Service Enterprise Group from $94.00 to $98.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Guggenheim restated a “buy” rating on shares of Public Service Enterprise Group in a report on Wednesday, December 11th. Evercore ISI upped their target price on shares of Public Service Enterprise Group from $92.00 to $95.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. Wells Fargo & Company increased their target price on shares of Public Service Enterprise Group from $85.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Scotiabank boosted their price target on shares of 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. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Public Service Enterprise Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.17.

Public Service Enterprise Group Trading Down 0.3 %

Shares of Public Service Enterprise Group stock opened at $88.20 on Monday. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 1.18. Public Service Enterprise Group has a twelve month low of $56.85 and a twelve month high of $95.22. The firm has a market capitalization of $43.94 billion, a PE ratio of 21.67, a P/E/G ratio of 2.81 and a beta of 0.65. The firm’s 50-day moving average price is $87.70 and its 200 day moving average price is $84.43.

Public Service Enterprise Group (NYSE:PEG) last issued its quarterly earnings results on Monday, November 4th. The utilities provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.87 by $0.03. The company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.44 billion. Public Service Enterprise Group had a net margin of 19.48% and a return on equity of 10.70%. The firm’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.85 EPS.

Public Service Enterprise Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th were given a $0.60 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $2.40 annualized dividend and a yield of 2.72%. Public Service Enterprise Group’s payout ratio is 58.97%.

Insider Transactions at Public Service Enterprise Group

In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 1,378 shares of Public Service Enterprise Group 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 of the company’s stock, valued at $12,245,040.92. The trade was a 0.95 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Richard T. Thigpen sold 5,900 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $87.95, for a total transaction of $518,905.00. Following the sale, the senior vice president now directly owns 25,829 shares in the company, valued at approximately $2,271,660.55. The trade was a 18.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,234 shares of company stock worth $722,037. 0.57% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Secure Asset Management LLC raised its stake in Public Service Enterprise Group by 9.3% in the fourth quarter. Secure Asset Management LLC now owns 21,148 shares of the utilities provider’s stock valued at $1,787,000 after buying an additional 1,801 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Public Service Enterprise Group by 10.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 66,610 shares of the utilities provider’s stock worth $5,628,000 after acquiring an additional 6,532 shares during the last quarter. Advisory Alpha LLC grew its position in Public Service Enterprise Group by 12.7% during the 4th quarter. Advisory Alpha LLC now owns 3,566 shares of the utilities provider’s stock worth $301,000 after purchasing an additional 403 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Public Service Enterprise Group by 281.4% in the 4th quarter. Nisa Investment Advisors LLC now owns 286,120 shares of the utilities provider’s stock valued at $24,174,000 after acquiring an additional 211,100 shares during the period. Finally, Genesis Private Wealth LLC acquired a new position in shares of Public Service Enterprise Group in the fourth quarter valued at approximately $210,000. Hedge funds and other institutional investors own 73.34% of the company’s stock.

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.