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 reached pandemic status according to the World Health Organization. Since then, PEG stock has increased by 3.8% and is now trading at $50.59. 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) issued its quarterly earnings data on Monday, May, 4th. The utilities provider reported $1.03 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.01 by $0.02. The utilities provider earned $2.78 billion during the quarter, compared to analyst estimates of $3.25 billion. Public Service Enterprise Group had a return on equity of 10.92% and a net margin of 14.59%. The business's revenue was down 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.08 earnings per share. View Public Service Enterprise Group's earnings history.

Public Service Enterprise Group announced a quarterly dividend on Tuesday, April 21st. Shareholders of record on Tuesday, June 9th will be paid a dividend of $0.49 per share on Tuesday, June 30th. This represents a $1.96 annualized dividend and a dividend yield of 3.87%. The ex-dividend date 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 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 anticipate Public Service Enterprise Group's share price to reach $60.50 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View analysts' price targets for Public Service Enterprise Group.

News stories about PEG stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing 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 five, with scores closest to five being the most favorable. Public Service Enterprise Group earned a daily sentiment score of -1.2 on InfoTrie's scale. They also gave news coverage 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 company's share price in the immediate future. 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 presently 2.0 days. Currently, 1.4% 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). 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."

Public Service Enterprise Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.08%), Wedge Capital Management L L P NC (0.07%), State of Alaska Department of Revenue (0.03%), Martin Capital Partners LLC (0.02%), DNB Asset Management AS (0.01%) and Legacy Private Trust Co. (0.01%). 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 Dalton Greiner Hartman Maher & Co., State of Alaska Department of Revenue, Legacy Private Trust Co., 6 Meridian, First National Bank of Mount Dora Trust Investment Services, Gradient Investments LLC, Moody National Bank Trust Division, and Martin Capital Partners LLC. 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, and Rose M Chernick. 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 Envestnet Asset Management Inc., Arden Trust Co, Fulton Bank N. A., Wedge Capital Management L L P NC, DNB Asset Management AS, Old Port Advisors, Private Asset Management Inc., and Truehand Inc. 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 $50.59.

Public Service Enterprise Group has a market capitalization of $25.58 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.