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 paid a dividend of $0.47 per share on Tuesday, December 31st. This represents a $1.88 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Monday, December 9th. View Public Service Enterprise Group's Dividend History.

Public Service Enterprise Group Inc. (NYSE:PEG) released its earnings results on Thursday, October, 31st. The utilities provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business 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 guidance of $3.20-3.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.24.

11 analysts have issued 12 month price targets for Public Service Enterprise Group's stock. Their forecasts range from $58.56 to $71.00. On average, they anticipate Public Service Enterprise Group's share price to reach $63.91 in the next year. This suggests a possible upside of 8.1% 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 coverage about PEG stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news 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 coverage optimism score of 2.0 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Public Service Enterprise Group.

Public Service Enterprise Group saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 7,690,000 shares, a decrease of 9.1% from the December 15th total of 8,460,000 shares. Based on an average daily volume of 2,380,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.5% of the company's 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), CenterPoint Energy (CNP), Alliant Energy (LNT), 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 Johnson & Johnson (JNJ), AT&T (T), Procter & Gamble (PG), Verizon Communications (VZ), Pfizer (PFE), Exxon Mobil (xom), Intel (INTC), Merck & Co., Inc. (MRK), UnitedHealth Group (UNH) and General Electric (GE).

Public Service Enterprise Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.08%), Gateway Investment Advisers LLC (0.08%), Wedge Capital Management L L P NC (0.07%), State of Alaska Department of Revenue (0.04%), Arvest Bank Trust Division (0.04%) and Gradient Investments LLC (0.03%). 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 Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hennessy Advisors Inc., Dalton Greiner Hartman Maher & Co., Arvest Bank Trust Division, Calamos Advisors LLC, IFM Investors Pty Ltd, First Hawaiian Bank and CenturyLink Investment Management Co. 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 bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Sciencast Management LP, Pensionfund DSM Netherlands, Pensionfund Sabic, Assenagon Asset Management S.A., Gradient Investments LLC, DNB Asset Management AS and Stock Yards Bank & Trust Co.. 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 $59.13.

Public Service Enterprise Group has a market capitalization of $29.90 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.