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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PEG shares have increased by 2.1% and is now trading at $49.75. 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) announced its earnings results on Monday, May, 4th. The utilities provider reported $1.03 EPS for the quarter, beating the Thomson Reuters' 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 net margin of 14.59% and a return on equity of 10.92%. The firm's revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period last year, the business earned $1.08 EPS. 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 given a dividend of $0.49 per share on Tuesday, June 30th. This represents a $1.96 annualized dividend and a dividend yield of 3.94%. The ex-dividend date of this dividend is Monday, June 8th. View Public Service Enterprise Group's dividend history.

Public Service Enterprise Group updated its FY20 earnings guidance on Monday, May, 4th. The company provided earnings per share (EPS) guidance of $3.30-3.50 for the period, compared to the Thomson Reuters consensus estimate of $3.36.

13 Wall Street 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 expect Public Service Enterprise Group's stock price to reach $60.92 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price. View analysts' price targets for Public Service Enterprise Group.

News articles about PEG stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news 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 -5 to 5, with scores closest to five being the most favorable. Public Service Enterprise Group earned a news impact score of -3.3 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Public Service Enterprise Group.

Public Service Enterprise Group saw a increase in short interest during 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 currently 2.0 days. Currently, 1.4% of the shares of the stock 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."

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 $49.75.

Public Service Enterprise Group has a market capitalization of $25.15 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.