Public Service Enterprise Group Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Public Service Enterprise Group stock.
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Public Service Enterprise Group saw a increase in short interest in June. As of June 15th, there was short interest totaling 5,450,000 shares, an increase of 16.2% from the May 31st total of 4,690,000 shares. Based on an average daily volume of 2,040,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.1% of the shares of the company are sold short.
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Public Service Enterprise Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Public Service Enterprise Group.

Public Service Enterprise Group will be holding an earnings conference call on Tuesday, August 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Public Service Enterprise Group Incorporated (NYSE:PEG) issued its earnings results on Wednesday, May, 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.16. The utilities provider had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $3.25 billion. Public Service Enterprise Group had a net margin of 21.68% and a trailing twelve-month return on equity of 11.77%. Public Service Enterprise Group's revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.03 EPS.
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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 28.2% and is now trading at $62.50.
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Public Service Enterprise Group declared a quarterly dividend on Tuesday, July 20th. Shareholders of record on Wednesday, September 8th will be paid a dividend of $0.51 per share on Thursday, September 30th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend is Tuesday, September 7th.
View Public Service Enterprise Group's dividend history.

Public Service Enterprise Group pays an annual dividend of $2.04 per share and currently has a dividend yield of 3.25%. Public Service Enterprise Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Public Service Enterprise Group is 59.48%. 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 59.65% 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 issued an update on its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided EPS guidance of 3.350-3.550 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.440. The company issued revenue guidance of -.

10 brokerages have issued 12 month target prices for Public Service Enterprise Group's stock. Their forecasts range from $57.00 to $71.00. On average, they anticipate Public Service Enterprise Group's share price to reach $66.39 in the next year. This suggests a possible upside of 6.2% from the stock's current price.
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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), Ameren (AEE), PG&E (PCG), CMS Energy (CMS), CenterPoint Energy (CNP), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA).
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 shareholders include State of Alaska Department of Revenue (0.02%), Raymond James Trust N.A. (0.02%), First PREMIER Bank (0.01%), IFM Investors Pty Ltd (0.01%), CHICAGO TRUST Co NA (0.01%) and Fulton Bank N.A. (0.01%). Company insiders that own Public Service Enterprise Group stock include Daniel J Cregg, Derek M Dirisio, Edward S Lampert, Ralph A Larossa, Ralph Izzo, Rose M Chernick 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 TIAA FSB, Old Port Advisors, Raymond James Trust N.A., State of Alaska Department of Revenue, First PREMIER Bank, and Gradient Investments LLC. Company insiders that have sold Public Service Enterprise Group company stock in the last year include Edward S Lampert, Ralph A Larossa, Rose M Chernick, and Tamara Louise Linde.
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 DAVENPORT & Co LLC, IFM Investors Pty Ltd, Brookstone Capital Management, Eagle Global Advisors LLC, New Mexico Educational Retirement Board, Fulton Bank N.A., Taylor Cottrill Erickson & Associates Inc., and CHICAGO TRUST Co NA.
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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.
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One share of PEG stock can currently be purchased for approximately $62.50.

Public Service Enterprise Group has a market capitalization of $31.59 billion and generates $9.60 billion in revenue each year. The utilities provider earns $1.91 billion in net income (profit) each year or $3.43 on an earnings per share basis.

Public Service Enterprise Group employs 12,788 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 or via email at [email protected]