NYSE:PEGPublic Service Enterprise Group Stock Price, Forecast & News

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. Since then, PEG stock has increased by 2.8% and is now trading at $50.11. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Public Service Enterprise Group.

Public Service Enterprise Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Public Service Enterprise Group.

Public Service Enterprise Group Inc. (NYSE:PEG) released its quarterly earnings results on Monday, May, 4th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.01 by $0.02. The utilities provider earned $2.78 billion during the quarter, compared to analysts' expectations of $3.25 billion. Public Service Enterprise Group had a return on equity of 10.92% and a net margin of 14.59%. The firm's revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period last year, the firm earned $1.08 EPS. View Public Service Enterprise Group's earnings history.

Public Service Enterprise Group announced a quarterly dividend on Tuesday, April 21st. Stockholders of record on Tuesday, June 9th will be given a dividend of $0.49 per share on Tuesday, June 30th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date of this dividend is Monday, June 8th. View Public Service Enterprise Group's dividend history.

Public Service Enterprise Group issued an update on its FY20 earnings guidance on Monday, May, 4th. The company provided EPS guidance of $3.30-3.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.36.

13 equities research analysts have issued 1 year target prices for Public Service Enterprise Group's shares. Their forecasts range from $53.00 to $75.00. On average, they expect Public Service Enterprise Group's stock price to reach $60.50 in the next year. This suggests a possible upside of 20.7% from the stock's current price. View analysts' price targets for Public Service Enterprise Group.

News coverage about PEG stock has trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. 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 news sentiment score of 0.8 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news about Public Service Enterprise Group.

Public Service Enterprise Group saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 7,240,000 shares, an increase of 6.6% from the May 31st total of 6,790,000 shares. Based on an average daily trading volume, of 3,620,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.4% of the shares of the company 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). View all competitors.

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), Intel (INTC), Cisco Systems (CSCO), Merck & Co., Inc. (MRK) and AbbVie (ABBV).

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

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 $50.11.

Public Service Enterprise Group has a market capitalization of $25.34 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.

The official website for Public Service Enterprise Group is 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.