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

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

Wall Street Analysts Forecast Growth

PEG has been the topic of a number of recent analyst reports. LADENBURG THALM/SH SH lowered their price target on shares of Public Service Enterprise Group from $80.50 to $75.50 and set a “neutral” rating on the stock in a research note on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Public Service Enterprise Group in a research note on Tuesday. The Goldman Sachs Group decreased their price objective on shares of Public Service Enterprise Group from $86.00 to $83.00 in a report on Thursday, October 15th. Bank of America lowered their target price on shares of Public Service Enterprise Group from $87.00 to $85.00 and set a “buy” rating on the stock in a research report on Tuesday, October 27th. Finally, UBS Group increased their target price on shares of Public Service Enterprise Group from $99.00 to $104.00 in a report on Thursday, July 9th. Seven analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $79.32.

Public Service Enterprise Group Stock Performance

NYSE PEG opened at $73.34 on Thursday. The business has a fifty day moving average of $71.22 and a 200-day moving average of $77.96. Public Service Enterprise Group has a fifty-two week low of $66.15 and a fifty-two week high of $87.63. The stock has a market cap of $36.56 billion, a price-to-earnings ratio of 20.72, a price-to-earnings-growth ratio of 2.50 and a beta of 0.48. The company has a quick ratio of 0.67, a current ratio of 1.01 and a debt-to-equity ratio of 1.39.

Public Service Enterprise Group (NYSE:PEG) last released 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). The firm had revenue of $3.02 billion for the quarter, compared to analyst estimates of $3.19 billion. Public Service Enterprise Group had a return on equity of 12.40% and a net margin of 14.31%. Public Service Enterprise Group’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.13 earnings per share. As a group, analysts predict that Public Service Enterprise Group will post 4.37 earnings per share for the current fiscal year.

Insider Activity

In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 2,083 shares of Public Service Enterprise Group stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $73.60, for a total value of $153,308.80. Following the transaction, the chief executive officer owned 276,487 shares in the company, valued at $20,349,443.20. This trade represents a 0.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard T. Thigpen sold 8,000 shares of Public Service Enterprise Group stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $74.56, for a total value of $596,480.00. Following the completion of the transaction, the senior vice president owned 20,970 shares in the company, valued at $1,563,523.20. The trade was a 27.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,166 shares of company stock worth $890,350 over the last quarter. 0.19% of the stock is currently owned by company insiders.

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.