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

Public Service Enterprise Group Incorporated (NYSE:PEG) – Equities researchers at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for Public Service Enterprise Group in a research note issued to investors on Thursday, December 12th. Zacks Research analyst R. Department now anticipates 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.

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

Several other brokerages also recently issued reports on PEG. Barclays decreased their price objective on shares of Public Service Enterprise Group from $98.00 to $88.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. Guggenheim reissued a “buy” rating on shares of Public Service Enterprise Group in a research note on Wednesday, December 11th. BMO Capital Markets boosted their price objective 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. Evercore ISI increased 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. Finally, UBS Group lifted their target price on Public Service Enterprise Group from $94.00 to $98.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $89.17.

Public Service Enterprise Group Price Performance

Public Service Enterprise Group stock opened at $85.47 on Monday. Public Service Enterprise Group has a 12-month low of $56.85 and a 12-month high of $95.22. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 1.18. The firm has a 50-day moving average price of $89.02 and a 200-day moving average price of $82.62. The firm has a market capitalization of $42.58 billion, a PE ratio of 21.00, a price-to-earnings-growth ratio of 3.18 and a beta of 0.62.

Public Service Enterprise Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $2.40 annualized dividend and a dividend yield of 2.81%. Public Service Enterprise Group’s dividend payout ratio is currently 58.97%.

Insider Transactions at Public Service Enterprise Group

In related news, COO Kim C. Hanemann sold 956 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $90.09, for a total transaction of $86,126.04. Following the sale, the chief operating officer now owns 70,011 shares of the company’s stock, valued at $6,307,290.99. This trade represents a 1.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ralph A. Larossa sold 1,378 shares of Public Service Enterprise Group stock in a transaction dated Tuesday, October 1st. The shares were 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 in the company, valued at $13,305,762.80. This trade represents a 0.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,798 shares of company stock valued at $1,595,921. Company insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Heritage Wealth Management Inc. purchased a new position in Public Service Enterprise Group in the second quarter worth $422,000. DRW Securities LLC acquired a new stake in shares of Public Service Enterprise Group in the 3rd quarter worth $8,244,000. Cerity Partners LLC grew its stake in Public Service Enterprise Group by 36.1% during the 3rd quarter. Cerity Partners LLC now owns 96,118 shares of the utilities provider’s stock worth $8,575,000 after buying an additional 25,503 shares during the last quarter. Meridian Wealth Management LLC acquired a new position in Public Service Enterprise Group during the 3rd quarter valued at about $2,965,000. Finally, Arvest Bank Trust Division purchased a new stake in Public Service Enterprise Group in the third quarter valued at about $2,860,000. 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.