Public Service Enterprise Group (NYSE: PEG) has recently received a number of price target changes and ratings updates:
- 11/3/2026 – Public Service Enterprise Group had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 11/3/2026 – Public Service Enterprise Group had its price target lowered by LADENBURG THALM/SH SH from $80.50 to $75.50. They now have a “neutral” rating on the stock.
- 11/3/2026 – Public Service Enterprise Group had its price target lowered by Wells Fargo & Company from $89.00 to $87.00. They now have an “overweight” rating on the stock.
- 10/27/2026 – Public Service Enterprise Group had its price target lowered by Bank of America from $87.00 to $85.00. They now have a “buy” rating on the stock.
- 10/26/2026 – Public Service Enterprise Group had its price target lowered by Royal Bank Of Canada from $81.00 to $76.00.
- 10/22/2026 – Public Service Enterprise Group had its price target lowered by BMO Capital Markets from $79.00 to $77.00. They now have a “market perform” rating on the stock.
- 10/22/2026 – Public Service Enterprise Group is now covered by HSBC. They set a “hold” rating and a $72.50 price target on the stock.
- 10/21/2026 – Public Service Enterprise Group had its price target lowered by Morgan Stanley from $88.00 to $85.00. They now have an “overweight” rating on the stock.
- 10/20/2026 – Public Service Enterprise Group had its price target lowered by BTIG Research from $94.00 to $84.00. They now have a “buy” rating on the stock.
- 10/19/2026 – Public Service Enterprise Group had its price target lowered by JPMorgan Chase & Co. from $81.00 to $77.00. They now have a “neutral” rating on the stock.
- 10/15/2026 – Public Service Enterprise Group had its price target lowered by The Goldman Sachs Group from $86.00 to $83.00.
- 10/15/2026 – Public Service Enterprise Group had its price target lowered by Truist Financial from $84.00 to $78.00. They now have a “hold” rating on the stock.
- 10/12/2026 – Public Service Enterprise Group had its price target lowered by Barclays from $83.00 to $76.00. They now have an “equal weight” rating on the stock.
- 10/9/2026 – Public Service Enterprise Group had its price target lowered by Jefferies Financial Group from $73.00 to $69.00. They now have a “hold” rating on the stock.
- 9/30/2026 – Public Service Enterprise Group had its price target lowered by Scotiabank from $92.00 to $77.00. They now have a “sector perform” rating on the stock.
- 9/29/2026 – Public Service Enterprise Group had its price target lowered by Argus from $90.00 to $86.00. They now have a “buy” rating on the stock.
- 9/26/2026 – Public Service Enterprise Group was upgraded by Wall Street Zen from “sell” to “hold”.
- 9/18/2026 – Public Service Enterprise Group had its price target lowered by Morgan Stanley from $91.00 to $88.00. They now have an “overweight” rating on the stock.
Public Service Enterprise Group Price Performance
NYSE PEG traded up $0.49 on Wednesday, hitting $73.30. 2,361,473 shares of the company’s stock were exchanged, compared to its average volume of 3,080,721. The stock has a 50-day moving average of $71.22 and a 200-day moving average of $77.99. The company has a current ratio of 0.88, a quick ratio of 0.67 and a debt-to-equity ratio of 1.31. Public Service Enterprise Group Incorporated has a 52 week low of $66.15 and a 52 week high of $87.63. The stock has a market cap of $36.53 billion, a price-to-earnings ratio of 20.71, a P/E/G ratio of 2.55 and a beta of 0.48.
Public Service Enterprise Group (NYSE:PEG – Get Free Report) last issued its quarterly earnings results on Monday, November 2nd. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.04). Public Service Enterprise Group had a net margin of 14.31% and a return on equity of 12.43%. The business had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $3.19 billion. During the same quarter in the previous year, the business posted $1.13 EPS. The company’s revenue for the quarter was down 6.4% on a year-over-year basis. Analysts expect that Public Service Enterprise Group Incorporated will post 4.36 earnings per share for the current year.
Insider Buying and Selling
In related news, CEO Ralph LaRossa sold 2,083 shares of Public Service Enterprise Group stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $73.60, for a total transaction of $153,308.80. Following the sale, the chief executive officer directly owned 276,487 shares of the company’s stock, valued at approximately $20,349,443.20. The trade was a 0.75% decrease in their position. The sale 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, SVP Richard Thigpen sold 8,000 shares of Public Service Enterprise Group stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $74.56, for a total transaction of $596,480.00. Following the sale, the senior vice president directly owned 20,970 shares in the company, valued at $1,563,523.20. This trade represents a 27.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 12,166 shares of company stock worth $890,350. 0.19% of the stock is currently owned by corporate insiders.
Public Service Enterprise Group Incorporated (NYSE: PEG), commonly known as PSEG, is an energy company headquartered in Newark, New Jersey. Through its subsidiaries, the company is primarily involved in electric and natural gas utility operations, power generation, and related energy services.
Public Service Electric & Gas Company (PSE&G), PSEG’s principal utility subsidiary, serves residential, commercial, and industrial customers throughout New Jersey. Its activities include the transmission and distribution of electricity, the distribution of natural gas, energy-efficiency programs, and infrastructure modernization.
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