Zacks Research Issues Pessimistic Estimate for PEG Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG) – Analysts at Zacks Research dropped their Q2 2025 earnings estimates for Public Service Enterprise Group in a report released on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $0.75 per share for the quarter, down from their previous forecast 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 announced its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $1.43 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.43. The business had revenue of $3.22 billion for the quarter, compared to analysts’ expectations of $3.15 billion. Public Service Enterprise Group had a net margin of 19.48% and a return on equity of 10.70%. The business’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.31 earnings per share.

A number of other research firms have also recently commented on PEG. Evercore ISI cut their price target on shares of Public Service Enterprise Group from $99.00 to $92.00 and set an “outperform” rating on the stock in a report on Thursday, May 1st. Wells Fargo & Company dropped their target price on shares of Public Service Enterprise Group from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. LADENBURG THALM/SH SH cut shares of Public Service Enterprise Group from a “buy” rating to a “neutral” rating and set a $82.50 target price on the stock. in a report on Wednesday, March 19th. BMO Capital Markets dropped their target price on shares of Public Service Enterprise Group from $86.00 to $83.00 and set a “market perform” rating on the stock in a report on Thursday, April 10th. Finally, Barclays dropped their target price on shares of Public Service Enterprise Group from $84.00 to $83.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Public Service Enterprise Group presently has a consensus rating of “Hold” and a consensus price target of $88.88.

Public Service Enterprise Group Trading Down 0.7%

NYSE:PEG opened at $77.34 on Thursday. The company’s 50 day moving average price is $80.70 and its 200-day moving average price is $83.92. Public Service Enterprise Group has a 52 week low of $71.89 and a 52 week high of $95.22. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 1.18. The stock has a market cap of $38.59 billion, a price-to-earnings ratio of 19.00, a PEG ratio of 2.78 and a beta of 0.48.

Public Service Enterprise Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 9th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend is Monday, June 9th. Public Service Enterprise Group’s dividend payout ratio (DPR) is presently 68.85%.

Insider Activity

In related news, CEO Ralph A. Larossa sold 1,378 shares of the company’s stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $79.26, for a total transaction of $109,220.28. Following the completion of the sale, the chief executive officer now owns 221,093 shares of the company’s stock, valued at approximately $17,523,831.18. This represents a 0.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.19% of the company’s stock.

Institutional Trading of Public Service Enterprise Group

Hedge funds have recently made changes to their positions in the company. Transce3nd LLC purchased a new stake in shares of Public Service Enterprise Group in the 4th quarter valued at approximately $25,000. Chapman Financial Group LLC purchased a new stake in shares of Public Service Enterprise Group in the 4th quarter valued at approximately $25,000. REAP Financial Group LLC lifted its holdings 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 worth $27,000 after acquiring an additional 162 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of Public Service Enterprise Group in the 1st quarter worth approximately $32,000. Finally, Wealth Preservation Advisors LLC acquired a new position in shares of Public Service Enterprise Group in the 1st quarter worth approximately $33,000. 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.