Zacks Research Issues Optimistic Outlook for PEG Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG) – Zacks Research upped their Q1 2025 earnings per share estimates for shares of Public Service Enterprise Group in a research report issued to clients and investors on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $1.40 for the quarter, up from their previous estimate of $1.30. 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 Q4 2025 earnings at $0.81 EPS, Q2 2026 earnings at $0.84 EPS, Q4 2026 earnings at $0.92 EPS, FY2026 earnings at $4.26 EPS and FY2027 earnings at $4.35 EPS.

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

A number of other brokerages have also recently commented on PEG. Barclays cut shares of Public Service Enterprise Group from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $88.00 to $84.00 in a report on Monday, January 27th. Guggenheim reaffirmed a “buy” rating and set a $98.00 price objective on shares of Public Service Enterprise Group in a research note on Wednesday, February 26th. LADENBURG THALM/SH SH downgraded Public Service Enterprise Group from a “buy” rating to a “neutral” rating and set a $82.50 target price on the stock. in a research note on Wednesday. Wells Fargo & Company decreased 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, BMO Capital Markets raised their price objective on shares of Public Service Enterprise Group from $85.00 to $86.00 and gave the company a “market perform” rating in a research report on Wednesday, February 26th. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $89.27.

Public Service Enterprise Group Stock Up 1.3 %

PEG stock opened at $83.21 on Thursday. The company has a market cap of $41.48 billion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 2.78 and a beta of 0.60. The company has a fifty day moving average price of $83.57 and a 200 day moving average price of $86.02. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.68 and a quick ratio of 0.48. Public Service Enterprise Group has a 12 month low of $63.54 and a 12 month high of $95.22.

Institutional Trading of Public Service Enterprise Group

A number of large investors have recently added to or reduced their stakes in the business. Transce3nd LLC bought a new stake in shares of Public Service Enterprise Group during the 4th quarter worth $25,000. Chapman Financial Group LLC acquired a new position in shares of Public Service Enterprise Group in the 4th quarter valued at $25,000. REAP Financial Group LLC boosted its position in shares of 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 valued at $27,000 after purchasing an additional 162 shares during the period. Wingate Wealth Advisors Inc. acquired a new stake in Public Service Enterprise Group during the 4th quarter worth about $35,000. Finally, OFI Invest Asset Management purchased a new stake in Public Service Enterprise Group during the fourth quarter valued at about $39,000. 73.34% of the stock is currently owned by institutional investors.

Insider Activity at Public Service Enterprise Group

In other news, CEO Ralph A. Larossa sold 1,378 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $83.10, for a total transaction 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 trade represents a 1.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.57% of the company’s stock.

Public Service Enterprise Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be issued a $0.63 dividend. The ex-dividend date is Monday, March 10th. This is a boost from Public Service Enterprise Group’s previous quarterly dividend of $0.60. This represents a $2.52 annualized dividend and a dividend yield of 3.03%. Public Service Enterprise Group’s dividend payout ratio (DPR) is 71.19%.

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.