Public Service Enterprise Group Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Public Service Enterprise Group stock.
View analyst ratings for Public Service Enterprise Group or view top-rated stocks.

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Public Service Enterprise Group is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Public Service Enterprise Group.

Public Service Enterprise Group Incorporated (NYSE:PEG) issued its quarterly earnings results on Friday, February, 26th. The utilities provider reported $0.65 EPS for the quarter, hitting the Zacks' consensus estimate of $0.65. The utilities provider earned $2.40 billion during the quarter, compared to the consensus estimate of $2.83 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 11.30% and a net margin of 19.74%. The company's revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.64 EPS.
View Public Service Enterprise Group's earnings history.

Public Service Enterprise Group's stock was trading at $48.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PEG shares have increased by 10.4% and is now trading at $53.83.
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Public Service Enterprise Group announced a quarterly dividend on Tuesday, February 16th. Stockholders of record on Tuesday, March 9th will be given a dividend of $0.51 per share on Wednesday, March 31st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date is Monday, March 8th. This is an increase from Public Service Enterprise Group's previous quarterly dividend of $0.49.
View Public Service Enterprise Group's dividend history.

Public Service Enterprise Group pays an annual dividend of $1.96 per share and currently has a dividend yield of 3.51%. Public Service Enterprise Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Public Service Enterprise Group is 59.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Public Service Enterprise Group will have a dividend payout ratio of 57.99% next year. This indicates that Public Service Enterprise Group will be able to sustain or increase its dividend.
View Public Service Enterprise Group's dividend history.

Public Service Enterprise Group issued an update on its FY 2021 Pre-Market earnings guidance on Friday, February, 26th. The company provided EPS guidance of 3.35-3.55 for the period, compared to the Thomson Reuters consensus estimate of $3.43.

12 brokers have issued 1-year price objectives for Public Service Enterprise Group's shares. Their forecasts range from $56.00 to $75.00. On average, they anticipate Public Service Enterprise Group's stock price to reach $63.73 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price.
View analysts' price targets for Public Service Enterprise Group or view top-rated stocks among Wall Street analysts.

203 employees have rated Public Service Enterprise Group CEO Ralph Izzo on Glassdoor.com. Ralph Izzo has an approval rating of 88% among Public Service Enterprise Group's employees.

Some companies that are related to Public Service Enterprise Group include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), DTE Energy (DTE), Consolidated Edison (ED), PG&E (PCG), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Public Service Enterprise Group investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Pfizer (PFE), Exxon Mobil (XOM), Intel (INTC), Cisco Systems (CSCO), The Procter & Gamble (PG), Chevron (CVX) and AbbVie (ABBV).

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

Public Service Enterprise Group's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (10.09%), Price T Rowe Associates Inc. MD (5.17%), JPMorgan Chase & Co. (1.71%), Nordea Investment Management AB (1.45%), Northern Trust Corp (1.19%) and Bank of New York Mellon Corp (0.84%). 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 JPMorgan Chase & Co., Barclays PLC, Renaissance Technologies LLC, Sumitomo Mitsui Trust Holdings Inc., Korea Investment CORP, Strs Ohio, Northern Trust Corp, and Hamlin Capital Management LLC. Company insiders that have sold Public Service Enterprise Group company stock in the last year include Daniel J Cregg, Ralph A Larossa, and Rose M Chernick.
View insider buying and selling activity for Public Service Enterprise Group or view top insider-selling stocks.

PEG stock was acquired by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, BlackRock Inc., Wells Fargo & Company MN, Nordea Investment Management AB, Morgan Stanley, Nisa Investment Advisors LLC, Federated Hermes Inc., and Adams Diversified Equity Fund Inc..
View insider buying and selling activity for Public Service Enterprise Group or or view top insider-buying stocks.

Shares of PEG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PEG stock can currently be purchased for approximately $53.83.

Public Service Enterprise Group has a market capitalization of $27.23 billion and generates $10.08 billion in revenue each year. The utilities provider earns $1.69 billion in net income (profit) each year or $3.28 on an earnings per share basis.

Public Service Enterprise Group employs 13,000 workers across the globe.

Public Service Enterprise Group was founded in 1903.

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

Public Service Enterprise Group is headquartered at 80 PARK PLAZA, NEWARK NJ, 07102.

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.