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

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

Public Service Enterprise Group declared a quarterly dividend on Monday, November 18th. Investors of record on Tuesday, December 10th will be given a dividend of $0.47 per share on Tuesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Monday, December 9th. View Public Service Enterprise Group's Dividend History.

Public Service Enterprise Group Inc. (NYSE:PEG) announced its quarterly earnings data on Thursday, October, 31st. The utilities provider reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.03. The utilities provider had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.55 billion. Public Service Enterprise Group had a return on equity of 11.01% and a net margin of 14.45%. During the same period in the prior year, the firm posted $0.95 EPS. View Public Service Enterprise Group's Earnings History.

Public Service Enterprise Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Public Service Enterprise Group.

Public Service Enterprise Group updated its FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of $3.20-3.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.24.

11 analysts have issued twelve-month price targets for Public Service Enterprise Group's shares. Their forecasts range from $58.56 to $71.00. On average, they expect Public Service Enterprise Group's stock price to reach $64.16 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Public Service Enterprise Group.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Public Service Enterprise Group.

News stories about PEG stock have been trending somewhat negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Public Service Enterprise Group earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Public Service Enterprise Group.

Public Service Enterprise Group saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 7,690,000 shares, a drop of 9.1% from the December 31st total of 8,460,000 shares. Based on an average daily volume of 2,360,000 shares, the short-interest ratio is currently 3.3 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 Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Consolidated Edison (ED), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), CenterPoint Energy (CNP), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA).

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

Public Service Enterprise Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Duff & Phelps Investment Management Co. (0.46%), New York State Teachers Retirement System (0.14%), Hennessy Advisors Inc. (0.08%), Gateway Investment Advisers LLC (0.08%), Wedge Capital Management L L P NC (0.07%) and CHURCHILL MANAGEMENT Corp (0.06%). 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 Sumitomo Mitsui DS Asset Management Company Ltd, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hennessy Advisors Inc., Dalton Greiner Hartman Maher & Co., Sumitomo Life Insurance Co., Janney Montgomery Scott LLC, James Investment Research Inc. and Arvest Bank Trust Division. 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, Rose M Chernick, 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 Duff & Phelps Investment Management Co., First American Bank, Wedge Capital Management L L P NC, Sciencast Management LP, Pensionfund DSM Netherlands, Pensionfund Sabic, New York State Teachers Retirement System and Zurcher Kantonalbank Zurich Cantonalbank. 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 $61.66.

Public Service Enterprise Group has a market capitalization of $31.18 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.