Zacks Research Issues Pessimistic Outlook for PEG Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG - Free Report) - Equities researchers at Zacks Research cut their Q2 2025 earnings estimates for Public Service Enterprise Group in a report released on Tuesday, July 1st. Zacks Research analyst R. Department now expects 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 equities analysts have also recently issued reports on PEG. Guggenheim decreased their price objective on shares of Public Service Enterprise Group from $98.00 to $94.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Evercore ISI decreased their price target on shares of 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. BMO Capital Markets lowered their price objective on 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. Wall Street Zen cut shares of Public Service Enterprise Group from a "hold" rating to a "sell" rating in a report on Thursday, May 1st. Finally, LADENBURG THALM/SH SH downgraded Public Service Enterprise Group from a "buy" rating to a "neutral" rating and set a $82.50 price target on the stock. in a report on Wednesday, March 19th. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $89.54.

Public Service Enterprise Group Stock Performance

NYSE:PEG opened at $81.23 on Thursday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.65 and a current ratio of 0.82. Public Service Enterprise Group has a fifty-two week low of $73.40 and a fifty-two week high of $95.22. The firm has a market cap of $40.53 billion, a PE ratio of 22.19, a price-to-earnings-growth ratio of 2.97 and a beta of 0.48. The business has a 50 day moving average price of $80.42 and a 200-day moving average price of $82.31.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PEG. Transce3nd LLC bought a new stake in Public Service Enterprise Group in the fourth quarter worth $25,000. Chapman Financial Group LLC purchased a new stake in shares of Public Service Enterprise Group during the fourth quarter valued at $25,000. REAP Financial Group LLC increased its position in shares of Public Service Enterprise Group by 105.9% during the fourth 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 period. Headlands Technologies LLC purchased a new stake in shares of Public Service Enterprise Group in the 1st quarter worth approximately $32,000. Finally, Wealth Preservation Advisors LLC purchased a new position in Public Service Enterprise Group during the first quarter valued at approximately $33,000. Hedge funds and other institutional investors own 73.34% of the company's stock.

Insider Buying and Selling 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 transaction of $115,287.44. Following the completion of the transaction, the chief executive officer directly owned 218,328 shares of the company's stock, valued at approximately $18,147,423.36. This trade represents a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.19% of the company's stock.

Public Service Enterprise Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 9th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 3.10%. The ex-dividend date was Monday, June 9th. Public Service Enterprise Group's dividend payout ratio (DPR) is presently 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.

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