NYSE:PEG - Public Service Enterprise Group Stock Price, News & Analysis

Public Service Enterprise Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEG."

Public Service Enterprise Group announced a quarterly dividend on Tuesday, July 16th. Shareholders of record on Monday, September 9th will be paid a dividend of $0.47 per share on Monday, September 30th. This represents a $1.88 annualized dividend and a yield of 3.09%. The ex-dividend date is Friday, September 6th. View Public Service Enterprise Group's Dividend History.

Public Service Enterprise Group Inc. (NYSE:PEG) released its quarterly earnings data on Tuesday, July, 30th. The utilities provider reported $0.58 earnings per share for the quarter, missing analysts' consensus estimates of $0.62 by $0.04. The utilities provider earned $2.32 billion during the quarter, compared to analysts' expectations of $2.23 billion. Public Service Enterprise Group had a return on equity of 11.02% and a net margin of 14.41%. During the same period in the previous year, the firm earned $0.64 earnings per share. View Public Service Enterprise Group's Earnings History.

Public Service Enterprise Group is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Public Service Enterprise Group.

Public Service Enterprise Group issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $3.15-3.35 for the period, compared to the Thomson Reuters consensus estimate of $3.24.

13 analysts have issued 12 month target prices for Public Service Enterprise Group's shares. Their forecasts range from $57.00 to $71.00. On average, they expect Public Service Enterprise Group's stock price to reach $63.08 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Public Service Enterprise Group.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Public Service Enterprise Group.

Press coverage about PEG stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Public Service Enterprise Group earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Public Service Enterprise Group.

Public Service Enterprise Group saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 7,676,800 shares, a decline of 21.4% from the July 31st total of 9,769,900 shares. Based on an average daily trading volume, of 2,250,000 shares, the days-to-cover ratio is presently 3.4 days. Approximately 1.5% of the company's shares are sold short. View Public Service Enterprise Group's Current Options Chain.

Some companies that are related to Public Service Enterprise Group include Duke Energy (DUK), Exelon (EXC), Consolidated Edison (ED), WEC Energy Group (WEC), E.ON SE Sponsored ADR (Germany) (EONGY), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), United Utilities Group (UUGRY), PG&E (PCG), ALLETE (ALE), NorthWestern (NWE), Avista (AVA) and Innergex Renewable Energy (INGXF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Public Service Enterprise Group investors own include Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Procter & Gamble (PG), Pfizer (PFE), Exxon Mobil (XOM), Merck & Co., Inc. (MRK), Intel (INTC), General Electric (GE) and UnitedHealth Group (UNH).

Public Service Enterprise Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.29%), BlackRock Inc. (8.29%), Vanguard Group Inc. (8.29%), Northern Trust Corp (1.25%), Zimmer Partners LP (0.90%) and Pictet Asset Management Ltd. (0.86%). Company insiders that own Public Service Enterprise Group stock include Daniel J Cregg, Derek M Dirisio, Ralph A Larossa, Ralph Izzo, Rose M Chernick, Stuart J Black and Tamara Louise Linde. View Institutional Ownership Trends for Public Service Enterprise Group.

PEG stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, BlackRock Inc., BlackRock Inc., Renaissance Technologies LLC, Natixis, Natixis, Janus Henderson Group PLC and Janus Henderson Group PLC. Company insiders that have sold Public Service Enterprise Group company stock in the last year include Daniel J Cregg, Derek M Dirisio, Ralph A Larossa, Ralph Izzo, Stuart J Black and Tamara Louise Linde. View Insider Buying and Selling for Public Service Enterprise Group.

PEG stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Vanguard Group Inc., Pictet Asset Management Ltd., Morgan Stanley, California Public Employees Retirement System, Zimmer Partners LP, Reaves W H & Co. Inc. and Invesco Ltd.. View Insider Buying and Selling for Public Service Enterprise Group.

Shares of PEG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PEG stock can currently be purchased for approximately $60.80.

Public Service Enterprise Group has a market capitalization of $30.74 billion and generates $9.70 billion in revenue each year. The utilities provider earns $1.44 billion in net income (profit) each year or $3.12 on an earnings per share basis. Public Service Enterprise Group employs 13,145 workers across the globe.View Additional Information About Public Service Enterprise Group.

The official website for Public Service Enterprise Group is http://www.pseg.com/.

Public Service Enterprise Group's mailing address is 80 PARK PLAZA, NEWARK NJ, 07102. The utilities provider can be reached via phone at 973-430-7000.