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

Public Service Enterprise Group's stock was trading at $48.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PEG shares have decreased by 9.5% and is now trading at $44.12. View which stocks have been mosted impacted by Coronavirus.

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.

Public Service Enterprise Group is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Public Service Enterprise Group.

Public Service Enterprise Group Inc. (NYSE:PEG) announced its earnings results on Wednesday, February, 26th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.02. The utilities provider had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.85 billion. Public Service Enterprise Group had a net margin of 16.80% and a return on equity of 11.19%. During the same period in the prior year, the business earned $0.56 EPS. View Public Service Enterprise Group's earnings history.

Public Service Enterprise Group declared a quarterly dividend on Tuesday, February 18th. Investors of record on Tuesday, March 10th will be given a dividend of $0.49 per share on Tuesday, March 31st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.44%. The ex-dividend date of this dividend is Monday, March 9th. This is an increase from Public Service Enterprise Group's previous quarterly dividend of $0.47. View Public Service Enterprise Group's dividend history.

Public Service Enterprise Group updated its FY 2020 Pre-Market earnings guidance on Wednesday, February, 26th. The company provided earnings per share guidance of 3.30-3.50 for the period, compared to the Thomson Reuters consensus estimate of $3.40.

11 equities research analysts have issued 12-month target prices for Public Service Enterprise Group's shares. Their forecasts range from $47.00 to $69.00. On average, they expect Public Service Enterprise Group's share price to reach $62.78 in the next twelve months. This suggests a possible upside of 42.3% from the stock's current price. View analysts' price targets for Public Service Enterprise Group.

News stories about PEG stock have been trending very positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Public Service Enterprise Group earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutPublic Service Enterprise Group.

Public Service Enterprise Group saw a increase in short interest in March. As of March 13th, there was short interest totaling 6,179,100 shares, an increase of 6.4% from the February 27th total of 5,810,000 shares. Based on an average daily volume of 3,070,000 shares, the short-interest ratio is presently 2.0 days. Approximately 1.2% of the shares of the stock are short sold. 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), NiSource (NI), CenterPoint Energy (CNP), 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), Verizon Communications (VZ), Johnson & Johnson (JNJ), Procter & Gamble (PG), Pfizer (PFE), Exxon Mobil (XOM), Merck & Co., Inc. (MRK), Intel (INTC), AbbVie (ABBV) and UnitedHealth Group (UNH).

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 a number of retail and institutional investors. Top institutional investors include Capital World Investors (5.86%), State Street Corp (5.63%), Capital Research Global Investors (2.95%), Geode Capital Management LLC (1.54%), Pictet Asset Management Ltd. (1.08%) and Massachusetts Financial Services Co. MA (0.95%). 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 Capital World Investors, FMR LLC, Janus Henderson Group PLC, Franklin Resources Inc., Franklin Resources Inc., Nuveen Asset Management LLC, Ceredex Value Advisors LLC, and Massachusetts Financial Services Co. MA. 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, and Tamara Louise Linde. View insider buying and selling activity for Public Service Enterprise Group.

PEG stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Capital International Investors, State Street Corp, Pictet Asset Management Ltd., State of Tennessee Treasury Department, Teilinger Capital Ltd., Macquarie Group Ltd., and Macquarie Group Ltd.. View insider buying and selling activity 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 $44.12.

Public Service Enterprise Group has a market capitalization of $22.29 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 12,992 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.