Zacks Research Has Negative Outlook for PEG Q3 Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG) – Analysts at Zacks Research dropped their Q3 2025 earnings per share (EPS) estimates for shares of Public Service Enterprise Group in a research note issued to investors on Tuesday, July 1st. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $1.02 per share for the quarter, down from their prior forecast of $1.03. 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 Q4 2025 earnings at $0.81 EPS, Q3 2026 earnings at $0.94 EPS, Q4 2026 earnings at $0.92 EPS, Q2 2027 earnings at $0.95 EPS and FY2027 earnings at $4.53 EPS.

A number of other research analysts have also issued reports on PEG. LADENBURG THALM/SH SH lowered Public Service Enterprise Group from a “buy” rating to a “neutral” rating and set a $82.50 price objective for the company. in a research report on Wednesday, March 19th. Barclays reduced their price objective on Public Service Enterprise Group from $84.00 to $83.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 8th. BMO Capital Markets reduced their price objective on Public Service Enterprise Group from $86.00 to $83.00 and set a “market perform” rating for the company in a research report on Thursday, April 10th. Evercore ISI reduced their price objective on Public Service Enterprise Group from $99.00 to $92.00 and set an “outperform” rating for the company in a research report on Thursday, May 1st. Finally, Guggenheim reduced their price target on Public Service Enterprise Group from $98.00 to $94.00 and set a “buy” rating for the company in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, Public Service Enterprise Group presently has a consensus rating of “Hold” and an average price target of $89.54.

Public Service Enterprise Group Trading Up 0.6%

NYSE:PEG opened at $81.69 on Friday. Public Service Enterprise Group has a 12-month low of $73.72 and a 12-month high of $95.22. The firm has a market capitalization of $40.76 billion, a P/E ratio of 22.32, a P/E/G ratio of 2.91 and a beta of 0.48. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.82 and a quick ratio of 0.65. The business has a 50 day simple moving average of $80.43 and a 200 day simple moving average of $82.25.

Public Service Enterprise Group (NYSE:PEG) last released its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.43. Public Service Enterprise Group had a return on equity of 11.80% and a net margin of 17.01%. The business had revenue of $3.22 billion during the quarter, compared to analyst estimates of $3.15 billion. During the same quarter in the previous year, the firm posted $1.31 EPS. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year.

Public Service Enterprise Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 9th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Monday, June 9th. This represents a $2.52 dividend on an annualized basis and a yield of 3.09%. Public Service Enterprise Group’s dividend payout ratio (DPR) is presently 68.85%.

Insider Transactions at Public Service Enterprise Group

In other news, CEO Ralph A. Larossa sold 1,387 shares of the company’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $83.12, for a total value of $115,287.44. Following the completion of the sale, the chief executive officer owned 218,328 shares in the company, valued at $18,147,423.36. This represents a 0.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.19% of the company’s stock.

Institutional Trading of Public Service Enterprise Group

Several institutional investors have recently modified their holdings of PEG. Norges Bank acquired a new stake in shares of Public Service Enterprise Group in the fourth quarter valued at $445,005,000. Raymond James Financial Inc. acquired a new stake in shares of Public Service Enterprise Group in the fourth quarter valued at $376,209,000. Vanguard Group Inc. lifted its position in shares of Public Service Enterprise Group by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 63,761,676 shares of the utilities provider’s stock worth $5,247,586,000 after acquiring an additional 2,986,646 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Public Service Enterprise Group by 604.5% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,004,100 shares of the utilities provider’s stock worth $169,404,000 after acquiring an additional 1,719,614 shares during the period. Finally, Schroder Investment Management Group lifted its position in shares of Public Service Enterprise Group by 234.1% in the 4th quarter. Schroder Investment Management Group now owns 2,117,411 shares of the utilities provider’s stock worth $178,900,000 after acquiring an additional 1,483,662 shares during the period. Institutional investors and hedge funds own 73.34% of the company’s stock.

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.