Public Service Enterprise Group (NYSE:PEG) Releases FY 2026 Earnings Guidance

Public Service Enterprise Group (NYSE:PEG) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 4.280-4.400 for the period, compared to the consensus earnings per share estimate of 4.380. The company issued revenue guidance of -.

Public Service Enterprise Group Stock Performance

NYSE:PEG traded down $0.91 during trading hours on Tuesday, reaching $75.72. The stock had a trading volume of 2,200,547 shares, compared to its average volume of 2,918,752. The stock has a market cap of $37.73 billion, a P/E ratio of 16.75, a price-to-earnings-growth ratio of 2.89 and a beta of 0.51. The stock has a 50 day simple moving average of $79.67 and a 200 day simple moving average of $80.82. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.75 and a current ratio of 0.97. Public Service Enterprise Group has a 12-month low of $74.20 and a 12-month high of $91.25.

Public Service Enterprise Group (NYSE:PEG) last issued its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. Public Service Enterprise Group had a return on equity of 12.30% and a net margin of 17.69%.Public Service Enterprise Group’s revenue was down 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 EPS. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. On average, research analysts forecast that Public Service Enterprise Group will post 4.37 EPS for the current fiscal year.

Public Service Enterprise Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 9th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, September 9th. Public Service Enterprise Group’s payout ratio is currently 59.29%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Royal Bank Of Canada initiated coverage on shares of Public Service Enterprise Group in a report on Thursday, July 2nd. They set a “sector perform” rating and a $81.00 price objective on the stock. Wall Street Zen upgraded shares of Public Service Enterprise Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. BMO Capital Markets lifted their price objective on shares of Public Service Enterprise Group from $90.00 to $91.00 and gave the company a “market perform” rating in a research note on Monday, April 13th. Wells Fargo & Company reduced their price objective on shares of Public Service Enterprise Group from $97.00 to $91.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Finally, Weiss Ratings cut shares of Public Service Enterprise Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.25.

Insider Activity at Public Service Enterprise Group

In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 2,083 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $80.51, for a total value of $167,702.33. Following the sale, the chief executive officer directly owned 285,149 shares in the company, valued at $22,957,345.99. This represents a 0.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Kim C. Hanemann sold 3,035 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $82.00, for a total transaction of $248,870.00. Following the completion of the transaction, the chief operating officer directly owned 98,815 shares of the company’s stock, valued at approximately $8,102,830. The trade was a 2.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 7,201 shares of company stock valued at $576,984. 0.19% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Public Service Enterprise Group

A number of institutional investors and hedge funds have recently made changes to their positions in PEG. Advyzon Investment Management LLC purchased a new position in Public Service Enterprise Group in the 4th quarter worth $207,000. Virtue Capital Management LLC purchased a new stake in Public Service Enterprise Group during the fourth quarter valued at about $206,000. Caxton Associates LLP purchased a new stake in Public Service Enterprise Group during the third quarter valued at about $210,000. L2 Asset Management LLC bought a new position in shares of Public Service Enterprise Group during the third quarter valued at about $217,000. Finally, Larson Financial Group LLC grew its stake in shares of Public Service Enterprise Group by 30.8% during the third quarter. Larson Financial Group LLC now owns 2,014 shares of the utilities provider’s stock valued at $168,000 after buying an additional 474 shares during the last quarter. Hedge funds and other institutional investors own 73.34% of the company’s stock.

Public Service Enterprise Group Company Profile

Public Service Enterprise Group (NYSE: PEG) is a diversified energy company that operates primarily in New Jersey. Its core businesses include a regulated utility that delivers electric and natural gas service to residential, commercial and industrial customers, as well as generation and energy services operations that participate in wholesale power markets. The company’s activities encompass transmission and distribution, power generation operations, and related energy infrastructure services.

The regulated utility arm, Public Service Electric and Gas Company (PSE&G), is responsible for owning and maintaining electric and gas networks, connecting customers, performing meter and billing services, and managing system reliability and storm response.