What is Zacks Research’s Forecast for PEG Q1 Earnings?

Public Service Enterprise Group Incorporated (NYSE:PEG) – Analysts at Zacks Research raised their Q1 2025 earnings estimates for Public Service Enterprise Group in a note issued to investors on Thursday, December 12th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $1.26 per share for the quarter, up from their previous forecast of $1.23. The consensus estimate for Public Service Enterprise Group’s current full-year earnings is $3.67 per share. Zacks Research also issued estimates for Public Service Enterprise Group’s Q2 2025 earnings at $0.78 EPS, Q4 2025 earnings at $0.95 EPS, Q2 2026 earnings at $0.77 EPS and FY2026 earnings at $4.23 EPS.

Several other research analysts have also recently commented on the stock. Barclays lowered their price target on shares of Public Service Enterprise Group from $98.00 to $88.00 and set an “overweight” rating for the company in a report on Tuesday, November 5th. UBS Group lifted their price target on shares of Public Service Enterprise Group from $94.00 to $98.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Evercore ISI upped their price objective on shares of Public Service Enterprise Group from $92.00 to $95.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. BMO Capital Markets boosted their target price on Public Service Enterprise Group from $86.00 to $89.00 and gave the company a “market perform” rating in a report on Monday, October 21st. Finally, Wells Fargo & Company raised their price target on Public Service Enterprise Group from $85.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Public Service Enterprise Group has a consensus rating of “Moderate Buy” and an average price target of $89.17.

Public Service Enterprise Group Stock Performance

Shares of Public Service Enterprise Group stock opened at $86.81 on Monday. The business has a 50-day simple moving average of $89.21 and a 200-day simple moving average of $82.46. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.48 and a current ratio of 0.68. Public Service Enterprise Group has a one year low of $56.85 and a one year high of $95.22. The company has a market cap of $43.25 billion, a PE ratio of 21.33, a P/E/G ratio of 3.18 and a beta of 0.62.

Public Service Enterprise Group (NYSE:PEG) last released its earnings results on Monday, November 4th. The utilities provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. Public Service Enterprise Group had a return on equity of 10.70% and a net margin of 19.48%. The firm had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period last year, the business posted $0.85 earnings per share. Public Service Enterprise Group’s revenue was up 7.6% compared to the same quarter last year.

Institutional Trading of Public Service Enterprise Group

A number of institutional investors have recently added to or reduced their stakes in PEG. Family Firm Inc. purchased a new position in Public Service Enterprise Group during the 2nd quarter valued at about $33,000. Ashton Thomas Securities LLC purchased a new stake in Public Service Enterprise Group in the 3rd quarter valued at approximately $35,000. Northwest Investment Counselors LLC purchased a new position in Public Service Enterprise Group during the third quarter worth $48,000. Rothschild Investment LLC acquired a new position in shares of Public Service Enterprise Group in the second quarter worth $58,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of Public Service Enterprise Group during the third quarter valued at $59,000. Hedge funds and other institutional investors own 73.34% of the company’s stock.

Insider Buying and Selling

In related news, COO Kim C. Hanemann sold 956 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $90.09, for a total transaction of $86,126.04. Following the transaction, the chief operating officer now owns 70,011 shares of the company’s stock, valued at $6,307,290.99. This represents a 1.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Ralph A. Larossa sold 1,378 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $90.20, for a total value of $124,295.60. Following the completion of the transaction, the chief executive officer now owns 147,514 shares of the company’s stock, valued at $13,305,762.80. The trade was a 0.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,798 shares of company stock valued at $1,595,921 over the last three months. 0.57% of the stock is currently owned by company insiders.

Public Service Enterprise Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend is Tuesday, December 10th. Public Service Enterprise Group’s dividend payout ratio is presently 58.97%.

Public Service Enterprise Group Company Profile

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs.