Public Service Enterprise Group (NYSE:PEG – Get Free Report) issued an update on 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 earnings per share estimate of 4.380.
Public Service Enterprise Group Price Performance
PEG stock opened at $74.29 on Tuesday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.67 and a current ratio of 0.88. The company’s fifty day moving average price is $71.23 and its 200-day moving average price is $78.02. Public Service Enterprise Group has a one year low of $66.15 and a one year high of $87.63. The company has a market capitalization of $37.03 billion, a PE ratio of 18.48, a price-to-earnings-growth ratio of 2.48 and a beta of 0.48.
Public Service Enterprise Group (NYSE:PEG – Get Free Report) last posted its earnings results on Monday, November 2nd. The utilities provider reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.04). The company had revenue of $3.02 billion for the quarter, compared to analysts’ expectations of $3.19 billion. Public Service Enterprise Group had a net margin of 16.04% and a return on equity of 12.42%. The business’s revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.13 earnings per share. On average, equities analysts anticipate that Public Service Enterprise Group will post 4.38 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on PEG shares. Citigroup dropped their price target on Public Service Enterprise Group from $91.00 to $84.00 and set a “neutral” rating for the company in a research note on Wednesday, August 5th. UBS Group upped their price objective on Public Service Enterprise Group from $99.00 to $104.00 in a research report on Thursday, July 9th. Wall Street Zen upgraded Public Service Enterprise Group from a “sell” rating to a “hold” rating in a research report on Saturday, September 26th. LADENBURG THALM/SH SH lowered their price objective on Public Service Enterprise Group from $84.50 to $80.50 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Finally, Morgan Stanley dropped their target price on Public Service Enterprise Group from $88.00 to $85.00 and set an “overweight” rating for the company in a report on Wednesday, October 21st. Eight research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $80.00.
Check Out Our Latest Stock Analysis on Public Service Enterprise Group
Insider Activity
In related news, SVP Richard Thigpen sold 8,000 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $74.56, for a total value of $596,480.00. Following the sale, the senior vice president directly owned 20,970 shares of the company’s stock, valued at $1,563,523.20. This represents a 27.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Ralph LaRossa sold 2,083 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $67.48, for a total value of $140,560.84. Following the transaction, the chief executive officer owned 279,490 shares of the company’s stock, valued at $18,859,985.20. This trade represents a 0.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.19% of the company’s stock.
Key Headlines Impacting Public Service Enterprise Group
Here are the key news stories impacting Public Service Enterprise Group this week:
- Positive Sentiment: Management reaffirmed 2026 non-GAAP operating earnings guidance of $4.28 to $4.40 per share, reducing concerns about a near-term outlook cut. PSEG Announces Third Quarter 2026 Results
- Positive Sentiment: PSEG’s five-year regulated capital investment plan totals $22.5 billion to $25.5 billion. The spending could expand the utility’s rate base and support longer-term earnings and cash-flow growth, although execution and regulatory approvals remain important. Public Service Enterprise: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: Non-GAAP operating earnings rose to $1.15 per share from $1.13 a year earlier, while net income fell to $0.76 per share from $1.24 because of reconciling items. Analysts’ valuation-based outlook was reportedly upgraded despite the uneven results. Public Service Enterprise: Not Great Results, But Better Valuation
- Negative Sentiment: Third-quarter EPS of $1.15 missed consensus estimates ranging from $1.19 to $1.21, and revenue of $3.02 billion fell short of the $3.19 billion estimate. Revenue declined 6.4% year over year, indicating softer quarterly operating performance. PSEG Misses Q3 Earnings and Revenue Estimates
About Public Service Enterprise Group
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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