Equities Analysts Set Expectations for PEG Q1 Earnings

Public Service Enterprise Group Incorporated (NYSE:PEGFree Report) – Stock analysts at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for shares of Public Service Enterprise Group in a report issued on Wednesday, January 15th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $1.44 per share for the quarter, up from their prior forecast of $1.43. 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 2026 earnings at $0.78 EPS and FY2026 earnings at $4.25 EPS.

Public Service Enterprise Group (NYSE:PEGGet Free Report) last issued its quarterly earnings data 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 net margin of 19.48% and a return on equity of 10.70%. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same quarter last year, the business earned $0.85 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis.

Other equities analysts have also issued reports about the company. Barclays cut their price objective on Public Service Enterprise Group from $98.00 to $88.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 5th. Morgan Stanley increased their price objective on shares of Public Service Enterprise Group from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Monday, September 23rd. Guggenheim restated a “buy” rating on shares of Public Service Enterprise Group in a report on Wednesday, December 11th. Scotiabank lifted their price objective on Public Service Enterprise Group from $73.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Finally, Evercore ISI raised their target price on Public Service Enterprise Group from $92.00 to $95.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Four analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Public Service Enterprise Group currently has an average rating of “Moderate Buy” and an average price target of $89.17.

View Our Latest Stock Report on Public Service Enterprise Group

Public Service Enterprise Group Stock Down 0.3 %

Shares of PEG opened at $88.20 on Monday. The stock’s 50-day moving average price is $87.70 and its two-hundred day moving average price is $84.51. Public Service Enterprise Group has a 12 month low of $56.85 and a 12 month high of $95.22. The company has a market capitalization of $43.94 billion, a PE ratio of 21.67, a PEG ratio of 2.81 and a beta of 0.65. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 1.18.

Public Service Enterprise Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $2.40 annualized dividend and a dividend yield of 2.72%. Public Service Enterprise Group’s dividend payout ratio is currently 58.97%.

Insider Transactions at Public Service Enterprise Group

In other news, CEO Ralph A. Larossa sold 1,378 shares of Public Service Enterprise Group stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $84.91, for a total transaction of $117,005.98. Following the sale, the chief executive officer now directly owns 144,212 shares in the company, valued at $12,245,040.92. The trade was a 0.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Richard T. Thigpen sold 5,900 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $87.95, for a total transaction of $518,905.00. Following the transaction, the senior vice president now owns 25,829 shares of the company’s stock, valued at approximately $2,271,660.55. The trade was a 18.59 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,234 shares of company stock worth $722,037 in the last 90 days. Insiders own 0.18% of the company’s stock.

Institutional Trading of Public Service Enterprise Group

Large investors have recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new stake in Public Service Enterprise Group during the third quarter valued at about $35,000. Northwest Investment Counselors LLC purchased a new position in Public Service Enterprise Group in the 3rd quarter valued at approximately $48,000. Legacy Investment Solutions LLC bought a new stake in Public Service Enterprise Group during the 3rd quarter valued at $59,000. Kimelman & Baird LLC bought a new position in shares of Public Service Enterprise Group in the second quarter worth $66,000. Finally, Fortitude Family Office LLC grew its position in shares of Public Service Enterprise Group by 325.0% in the third quarter. Fortitude Family Office LLC now owns 799 shares of the utilities provider’s stock valued at $71,000 after purchasing an additional 611 shares in the last quarter. 73.34% of the stock is owned by hedge funds and other institutional investors.

Public Service Enterprise Group Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Public Service Enterprise Group (NYSE:PEG)

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