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

Public Service Enterprise Group Incorporated (NYSE:PEG) – Investment analysts at Zacks Research upped their Q1 2025 earnings per share estimates for shares of Public Service Enterprise Group in a report released on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.40 per share for the quarter, up from their previous estimate of $1.30. 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, Q2 2026 earnings at $0.84 EPS, Q4 2026 earnings at $0.92 EPS, FY2026 earnings at $4.26 EPS and FY2027 earnings at $4.35 EPS.

Several other equities research analysts have also recently weighed in on PEG. Scotiabank increased their target price on shares of Public Service Enterprise Group from $73.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley lifted their price objective on Public Service Enterprise Group from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday. Bank of America cut their target price on Public Service Enterprise Group from $95.00 to $92.00 and set a “buy” rating for the company in a research note on Monday, March 3rd. StockNews.com raised Public Service Enterprise Group from a “sell” rating to a “hold” rating in a research report on Friday, March 14th. Finally, Guggenheim reissued a “buy” rating and issued a $98.00 price target on shares of Public Service Enterprise Group in a report on Wednesday, February 26th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $89.65.

Public Service Enterprise Group Price Performance

Shares of Public Service Enterprise Group stock opened at $83.00 on Thursday. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.68 and a quick ratio of 0.48. The company has a market cap of $41.38 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 2.78 and a beta of 0.60. The firm has a fifty day moving average price of $83.50 and a two-hundred day moving average price of $86.02. Public Service Enterprise Group has a fifty-two week low of $64.03 and a fifty-two week high of $95.22.

Public Service Enterprise Group (NYSE:PEG) last issued its quarterly earnings results on Tuesday, February 25th. The utilities provider reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.01. The company had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.03 billion. Public Service Enterprise Group had a return on equity of 10.70% and a net margin of 19.48%. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.54 earnings per share.

Public Service Enterprise Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be paid a $0.63 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.04%. This is a boost from Public Service Enterprise Group’s previous quarterly dividend of $0.60. Public Service Enterprise Group’s payout ratio is 71.19%.

Insider Transactions at Public Service Enterprise Group

In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 1,378 shares of Public Service Enterprise Group stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $83.10, for a total value of $114,511.80. Following the completion of the transaction, the chief executive officer now owns 126,791 shares in the company, valued at approximately $10,536,332.10. The trade was a 1.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.57% of the stock is owned by company insiders.

Institutional Trading of Public Service Enterprise Group

Large investors have recently made changes to their positions in the business. Foundations Investment Advisors LLC lifted its position in Public Service Enterprise Group by 27.0% during the 4th quarter. Foundations Investment Advisors LLC now owns 87,621 shares of the utilities provider’s stock worth $7,403,000 after buying an additional 18,627 shares in the last quarter. DRW Securities LLC bought a new position in shares of Public Service Enterprise Group in the third quarter worth about $8,244,000. Cullen Investment Group LTD. lifted its position in shares of Public Service Enterprise Group by 65.3% during the fourth quarter. Cullen Investment Group LTD. now owns 26,867 shares of the utilities provider’s stock worth $2,270,000 after purchasing an additional 10,610 shares in the last quarter. Arvest Bank Trust Division bought a new stake in shares of Public Service Enterprise Group during the third quarter valued at approximately $2,860,000. Finally, Parsons Capital Management Inc. RI acquired a new stake in shares of Public Service Enterprise Group in the fourth quarter valued at approximately $2,565,000. Institutional investors 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.