Public Service Enterprise Group Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Public Service Enterprise Group stock.
View analyst ratings for Public Service Enterprise Group or view top-rated stocks.

Wall Street analysts have given Public Service Enterprise Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Public Service Enterprise Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Public Service Enterprise Group is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Public Service Enterprise Group.

Public Service Enterprise Group Incorporated (NYSE:PEG) released its quarterly earnings results on Thursday, February, 25th. The utilities provider reported $0.65 earnings per share for the quarter, hitting analysts' consensus estimates of $0.65. The utilities provider had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.83 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 11.30% and a net margin of 19.74%. The business's revenue for the quarter was down 3.1% on a year-over-year basis. During the same period last year, the business earned $0.64 earnings per share.
View Public Service Enterprise Group's earnings history.

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 (WHO). Since then, PEG stock has increased by 11.3% and is now trading at $54.25.
View which stocks have been most impacted by COVID-19.

Public Service Enterprise Group declared a quarterly dividend on Tuesday, February 16th. Investors of record on Tuesday, March 9th will be paid a dividend of $0.51 per share on Wednesday, March 31st. This represents a $2.04 annualized dividend and a yield of 3.76%. The ex-dividend date is Monday, March 8th. This is a positive change from Public Service Enterprise Group's previous quarterly dividend of $0.49.
View Public Service Enterprise Group's dividend history.

Public Service Enterprise Group pays an annual dividend of $1.96 per share and currently has a dividend yield of 3.59%. Public Service Enterprise Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Public Service Enterprise Group is 59.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Public Service Enterprise Group will have a dividend payout ratio of 57.99% next year. This indicates that Public Service Enterprise Group will be able to sustain or increase its dividend.
View Public Service Enterprise Group's dividend history.

Public Service Enterprise Group updated its FY 2021 Pre-Market earnings guidance on Friday, February, 26th. The company provided earnings per share guidance of 3.35-3.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.43.

12 analysts have issued 12-month price objectives for Public Service Enterprise Group's stock. Their forecasts range from $56.00 to $75.00. On average, they anticipate Public Service Enterprise Group's stock price to reach $63.73 in the next year. This suggests a possible upside of 17.5% from the stock's current price.
View analysts' price targets for Public Service Enterprise Group or view top-rated stocks among Wall Street analysts.

203 employees have rated Public Service Enterprise Group CEO Ralph Izzo on Glassdoor.com. Ralph Izzo has an approval rating of 88% among Public Service Enterprise Group's employees.

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), PG&E (PCG), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), NiSource (NI), MDU Resources Group (MDU), Avista (AVA) and Black Hills (BKH).
View all of PEG's competitors.

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), Pfizer (PFE), Exxon Mobil (XOM), Intel (INTC), Cisco Systems (CSCO), The Procter & Gamble (PG), Chevron (CVX) 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 investors include BlackRock Inc. (10.09%), Price T Rowe Associates Inc. MD (5.17%), JPMorgan Chase & Co. (1.71%), Nordea Investment Management AB (1.45%), Northern Trust Corp (1.19%) and Bank of New York Mellon Corp (0.84%). 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 JPMorgan Chase & Co., Barclays PLC, Renaissance Technologies LLC, Sumitomo Mitsui Trust Holdings Inc., Korea Investment CORP, Strs Ohio, Northern Trust Corp, and Hamlin Capital Management LLC. Company insiders that have sold Public Service Enterprise Group company stock in the last year include Daniel J Cregg, Ralph A Larossa, and Rose M Chernick.
View insider buying and selling activity for Public Service Enterprise Group or view top insider-selling stocks.

PEG stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, BlackRock Inc., Wells Fargo & Company MN, Norges Bank, Nordea Investment Management AB, Morgan Stanley, Nisa Investment Advisors LLC, and Federated Hermes Inc..
View insider buying and selling activity for Public Service Enterprise Group or or view top insider-buying stocks.

Shares of PEG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PEG stock can currently be purchased for approximately $54.25.

Public Service Enterprise Group has a market capitalization of $27.44 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 13,000 workers across the globe.

Public Service Enterprise Group was founded in 1903.

The official website for Public Service Enterprise Group is www.pseg.com.

Public Service Enterprise Group is headquartered at 80 PARK PLAZA, NEWARK NJ, 07102.

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.