Equities Analysts Set Expectations for PEG FY2026 Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG) – Equities researchers at KeyCorp issued their FY2026 EPS estimates for shares of Public Service Enterprise Group in a note issued to investors on Wednesday, October 15th. KeyCorp analyst S. Karp expects that the utilities provider will post earnings per share of $4.33 for the year. The consensus estimate for Public Service Enterprise Group’s current full-year earnings is $3.67 per share. KeyCorp also issued estimates for Public Service Enterprise Group’s FY2027 earnings at $4.60 EPS and FY2028 earnings at $4.87 EPS.

Public Service Enterprise Group (NYSE:PEG) last issued its quarterly earnings data on Tuesday, August 5th. The utilities provider reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.07. The business had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.49 billion. Public Service Enterprise Group had a net margin of 17.78% and a return on equity of 12.08%. The business’s revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the company earned $0.63 EPS. Public Service Enterprise Group has set its FY 2025 guidance at 3.940-4.060 EPS.

A number of other brokerages have also recently commented on PEG. TD Cowen began coverage on shares of Public Service Enterprise Group in a research note on Thursday, October 16th. They set a “buy” rating and a $93.00 price objective on the stock. Morgan Stanley dropped their price objective on shares of Public Service Enterprise Group from $105.00 to $103.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Barclays dropped their price objective on shares of Public Service Enterprise Group from $83.00 to $82.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 10th. Wall Street Zen raised shares of Public Service Enterprise Group from a “sell” rating to a “hold” rating in a research note on Saturday, September 6th. Finally, UBS Group lifted their price target on shares of Public Service Enterprise Group from $97.00 to $103.00 and gave the company a “buy” rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Public Service Enterprise Group has an average rating of “Moderate Buy” and an average price target of $90.77.

Public Service Enterprise Group Price Performance

Shares of NYSE PEG opened at $84.92 on Monday. The stock has a market capitalization of $42.38 billion, a price-to-earnings ratio of 21.44, a PEG ratio of 2.60 and a beta of 0.53. Public Service Enterprise Group has a 12 month low of $74.67 and a 12 month high of $95.22. The firm’s 50 day simple moving average is $82.70 and its 200-day simple moving average is $82.28. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.00 and a quick ratio of 0.76.

Institutional Investors Weigh In On Public Service Enterprise Group

Institutional investors have recently added to or reduced their stakes in the stock. Twin Peaks Wealth Advisors LLC acquired a new stake in Public Service Enterprise Group in the 2nd quarter valued at $25,000. Chapman Financial Group LLC acquired a new stake in Public Service Enterprise Group during the 2nd quarter worth $25,000. Keener Financial Planning LLC acquired a new stake in Public Service Enterprise Group during the 2nd quarter worth $27,000. GoalVest Advisory LLC boosted its stake in Public Service Enterprise Group by 166.7% during the 2nd quarter. GoalVest Advisory LLC now owns 360 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 225 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new stake in Public Service Enterprise Group during the 1st quarter worth $32,000. Institutional investors and hedge funds own 73.34% of the company’s stock.

About Public Service Enterprise Group

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.