Zacks Research Issues Pessimistic Forecast for PEG Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG) – Research analysts at Zacks Research dropped their Q2 2025 earnings estimates for shares of Public Service Enterprise Group in a research report issued on Tuesday, March 18th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $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.

PEG has been the subject of a number of other reports. Morgan Stanley upped their price target on shares of Public Service Enterprise Group from $96.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday. Bank of America cut their price target on shares of Public Service Enterprise Group from $95.00 to $92.00 and set a “buy” rating on the stock in a report on Monday, March 3rd. Wells Fargo & Company dropped their price objective on shares of Public Service Enterprise Group from $100.00 to $95.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. Scotiabank upped their price objective on shares of Public Service Enterprise Group from $73.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Finally, LADENBURG THALM/SH SH downgraded shares of Public Service Enterprise Group from a “buy” rating to a “neutral” rating and set a $82.50 target price for the company. in a research report on Wednesday. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.65.

Public Service Enterprise Group Price Performance

Shares of NYSE:PEG opened at $83.00 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 1.18. Public Service Enterprise Group has a fifty-two week low of $64.03 and a fifty-two week high of $95.22. The firm has a 50-day simple moving average of $83.50 and a 200 day simple moving average of $86.02. The company has a market cap of $41.38 billion, a PE ratio of 20.39, a P/E/G ratio of 2.78 and a beta of 0.60.

Public Service Enterprise Group (NYSE:PEG) last released its earnings results on Tuesday, February 25th. The utilities provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.01. The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.03 billion. Public Service Enterprise Group had a net margin of 19.48% and a return on equity of 10.70%. The company’s revenue was down 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.54 EPS.

Institutional Investors Weigh In On Public Service Enterprise Group

A number of hedge funds have recently made changes to their positions in the company. 111 Capital acquired a new stake in shares of Public Service Enterprise Group during the 4th quarter worth about $349,000. Thoma Capital Management LLC acquired a new stake in shares of Public Service Enterprise Group during the 4th quarter worth about $253,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Public Service Enterprise Group by 10.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 86,525 shares of the utilities provider’s stock worth $7,310,000 after purchasing an additional 8,022 shares in the last quarter. Siemens Fonds Invest GmbH increased its position in shares of Public Service Enterprise Group by 15.2% during the 4th quarter. Siemens Fonds Invest GmbH now owns 6,211 shares of the utilities provider’s stock worth $525,000 after purchasing an additional 820 shares in the last quarter. Finally, Park Square Financial Group LLC acquired a new stake in shares of Public Service Enterprise Group during the 4th quarter worth about $77,000. Institutional investors and hedge funds own 73.34% of the company’s stock.

Insider Activity

In other news, CEO Ralph A. Larossa sold 1,378 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $83.10, for a total value of $114,511.80. Following the completion of the transaction, the chief executive officer now owns 126,791 shares in the company, valued at approximately $10,536,332.10. This represents a 1.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Public Service Enterprise Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be paid a $0.63 dividend. This is a boost from Public Service Enterprise Group’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, March 10th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.04%. Public Service Enterprise Group’s dividend payout ratio is currently 71.19%.

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.