Public Service Enterprise Group - PEG Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PEG shares.
View PEG analyst ratings or view top-rated stocks.

9 analysts have issued 12 month price targets for Public Service Enterprise Group's shares. Their PEG share price forecasts range from $64.00 to $81.00. On average, they anticipate the company's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price.
View analysts price targets for PEG or view top-rated stocks among Wall Street analysts.

Public Service Enterprise Group's stock was trading at $66.73 on January 1st, 2022. Since then, PEG stock has decreased by 14.7% and is now trading at $56.92.
View the best growth stocks for 2022 here.

Public Service Enterprise Group saw a decrease in short interest in August. As of August 31st, there was short interest totaling 5,370,000 shares, a decrease of 24.8% from the August 15th total of 7,140,000 shares. Based on an average daily volume of 2,740,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.1% of the company's shares are sold short.
View Public Service Enterprise Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our PEG earnings forecast.

Public Service Enterprise Group Incorporated (NYSE:PEG) announced its quarterly earnings data on Tuesday, August, 2nd. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.65 by $0.01. The utilities provider had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $1.78 billion. Public Service Enterprise Group had a negative net margin of 10.59% and a positive trailing twelve-month return on equity of 13.25%. The firm's revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.70 earnings per share.
Read the conference call transcript.

Public Service Enterprise Group announced a quarterly dividend on Wednesday, July 20th. Investors of record on Friday, September 9th will be given a dividend of $0.54 per share on Friday, September 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date is Thursday, September 8th.
Read our dividend analysis for PEG.

Public Service Enterprise Group (NYSE:PEG) pays an annual dividend of $2.16 per share and currently has a dividend yield of 3.61%.
Read our dividend analysis for PEG.

Public Service Enterprise Group updated its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of $3.35-$3.55 for the period, compared to the consensus estimate of $3.48. The company issued revenue guidance of -.

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

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), 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."

Shares of PEG stock 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.
Compare Top Brokerages Here.

One share of PEG stock can currently be purchased for approximately $56.92.

Public Service Enterprise Group (NYSE:PEG) has a market capitalization of $28.40 billion and generates $9.72 billion in revenue each year. The utilities provider earns $-648,000,000.00 in net income (profit) each year or ($1.96) on an earnings per share basis.

The company employs 12,684 workers across the globe.

Public Service Enterprise Group's mailing address is 80 PARK PLAZA, NEWARK NJ, 07102. The official website for the company is www.pseg.com. The utilities provider can be reached via phone at (973) 430-7000, via email at carlotta.chan@pseg.com, or via fax at 973-643-3367.