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 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 annualized dividend and a yield of 3.71%. The ex-dividend date 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 Inc. (NYSE:PEG) issued its earnings results on Wednesday, February, 26th. The utilities provider reported $0.64 EPS for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.02. The utilities provider earned $2.48 billion during 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 11.23%. During the same quarter in the prior year, the firm posted $0.56 earnings per share. View Public Service Enterprise Group's Earnings History.

Public Service Enterprise Group is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Public Service Enterprise Group.

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 earnings per share estimate of $3.40.

13 analysts have issued 1-year target prices for Public Service Enterprise Group's shares. Their forecasts range from $58.56 to $69.00. On average, they anticipate Public Service Enterprise Group's share price to reach $64.00 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Public Service Enterprise Group.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 9 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 been trending extremely negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Public Service Enterprise Group earned a media sentiment score of -4.2 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Public Service Enterprise Group.

Public Service Enterprise Group saw a decline in short interest in January. As of January 31st, there was short interest totalling 6,030,000 shares, a decline of 21.6% from the January 15th total of 7,690,000 shares. Based on an average daily volume of 2,520,000 shares, the short-interest ratio is presently 2.4 days. Approximately 1.2% 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), Verizon Communications (VZ), Johnson & Johnson (JNJ), Procter & Gamble (PG), Pfizer (PFE), Exxon Mobil (XOM), Merck & Co., Inc. (MRK), Intel (INTC), Cisco Systems (CSCO) and AbbVie (ABBV).

Public Service Enterprise Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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., Ceredex Value Advisors LLC, Massachusetts Financial Services Co. MA, AMF Pensionsforsakring AB and AQR Capital Management 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, Rose M Chernick, Stuart J Black and Tamara Louise Linde. View Insider Buying and Selling for Public Service Enterprise Group.

PEG stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, State Street Corp, Pictet Asset Management Ltd., State of Tennessee Treasury Department, Teilinger Capital Ltd., UBS Group AG, Geode Capital Management LLC and First Trust Advisors LP. 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 $52.87.

Public Service Enterprise Group has a market capitalization of $26.74 billion and generates $10.08 billion in revenue each year. The utilities provider earns $1.44 billion in net income (profit) each year or $3.28 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.