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

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

Public Service Enterprise Group Price Performance

NYSE:PEG opened at $76.58 on Tuesday. Public Service Enterprise Group has a 52-week low of $76.00 and a 52-week high of $91.25. The company has a quick ratio of 0.75, a current ratio of 0.97 and a debt-to-equity ratio of 1.31. The firm has a market cap of $38.16 billion, a P/E ratio of 16.94, a PEG ratio of 2.89 and a beta of 0.51. The business’s 50-day moving average price is $79.67 and its 200 day moving average price is $80.82.

Public Service Enterprise Group (NYSE:PEG) last posted its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.06. Public Service Enterprise Group had a net margin of 17.69% and a return on equity of 12.30%. The business’s revenue was down 8.9% on a year-over-year basis. During the same quarter last year, the business posted $0.77 earnings per share. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. As a group, sell-side analysts predict that Public Service Enterprise Group will post 4.37 earnings per share for the current fiscal year.

Public Service Enterprise Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 9th will be issued a dividend of $0.67 per share. 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 dividend payout ratio (DPR) is presently 59.29%.

Analyst Ratings Changes

Several research analysts have issued reports on PEG shares. Truist Financial lifted their price target on shares of Public Service Enterprise Group from $88.00 to $90.00 and gave the stock a “hold” rating in a research report on Thursday, July 16th. Wall Street Zen upgraded Public Service Enterprise Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Royal Bank Of Canada assumed coverage on Public Service Enterprise Group in a research note on Thursday, July 2nd. They set a “sector perform” rating and a $81.00 price objective for the company. Weiss Ratings lowered Public Service Enterprise Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Finally, BMO Capital Markets boosted their target price on Public Service Enterprise Group from $90.00 to $91.00 and gave the stock a “market perform” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $91.25.

Insider Buying and Selling at Public Service Enterprise Group

In other news, 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 transaction, the chief operating officer owned 98,815 shares in the company, valued at approximately $8,102,830. This trade represents a 2.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ralph A. Larossa sold 2,083 shares of Public Service Enterprise Group stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $80.51, for a total transaction of $167,702.33. Following the completion of the sale, the chief executive officer directly owned 285,149 shares of the company’s stock, valued at approximately $22,957,345.99. The trade was a 0.73% decrease in their position. 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 90 days, insiders have sold 7,201 shares of company stock worth $576,984. 0.19% of the stock is currently owned by company insiders.

Institutional Trading of Public Service Enterprise Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Advyzon Investment Management LLC acquired a new stake in shares of Public Service Enterprise Group in the fourth quarter worth $207,000. Virtue Capital Management LLC bought a new position in Public Service Enterprise Group in the 4th quarter worth $206,000. Caxton Associates LLP acquired a new position in Public Service Enterprise Group during the 3rd quarter worth $210,000. L2 Asset Management LLC acquired a new position in Public Service Enterprise Group during the 3rd quarter worth $217,000. Finally, Larson Financial Group LLC boosted its holdings in 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 acquiring an additional 474 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 (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.