Public Service Enterprise Group (PEG) Expected to Release Quarterly Earnings on Tuesday

Public Service Enterprise Group (NYSE:PEGGet Free Report) is expected to issue its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect the company to post earnings of $0.7940 per share and revenue of $2.6608 billion for the quarter. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. Individuals may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, August 4, 2026 at 11:00 AM ET.

Public Service Enterprise Group (NYSE:PEGGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.11. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.35 billion. Public Service Enterprise Group had a return on equity of 12.30% and a net margin of 17.69%.The company’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.43 earnings per share. On average, analysts expect Public Service Enterprise Group to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Public Service Enterprise Group Price Performance

NYSE:PEG opened at $80.44 on Tuesday. The firm has a market capitalization of $40.09 billion, a price-to-earnings ratio of 17.75, a PEG ratio of 3.00 and a beta of 0.51. Public Service Enterprise Group has a 1 year low of $76.05 and a 1 year high of $91.25. The business has a 50 day simple moving average of $79.79 and a 200-day simple moving average of $80.85. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.97 and a quick ratio of 0.75.

Public Service Enterprise Group Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 3.3%. The ex-dividend date is Wednesday, September 9th. Public Service Enterprise Group’s dividend payout ratio is presently 59.29%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Jefferies Financial Group lowered their price target on Public Service Enterprise Group from $89.00 to $78.00 and set a “hold” rating for the company in a research report on Monday, July 20th. Truist Financial boosted their price objective on shares of Public Service Enterprise Group from $88.00 to $90.00 and gave the company a “hold” rating in a research report on Thursday, July 16th. BMO Capital Markets increased their target price on shares of Public Service Enterprise Group from $90.00 to $91.00 and gave the company a “market perform” rating in a research note on Monday, April 13th. Weiss Ratings lowered shares of Public Service Enterprise Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Finally, Royal Bank Of Canada started coverage on shares of Public Service Enterprise Group in a report on Thursday, July 2nd. They issued a “sector perform” rating and a $81.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $91.25.

Check Out Our Latest Analysis on Public Service Enterprise Group

Insider Buying and Selling at Public Service Enterprise Group

In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 2,083 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $80.51, for a total value of $167,702.33. Following the transaction, the chief executive officer owned 285,149 shares of the company’s stock, valued at $22,957,345.99. This represents a 0.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Kim C. Hanemann sold 3,035 shares of the stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $82.00, for a total value of $248,870.00. Following the completion of the sale, the chief operating officer owned 98,815 shares in the company, valued at approximately $8,102,830. The trade was a 2.98% 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. Insiders sold a total of 9,284 shares of company stock worth $746,145 in the last ninety days. 0.19% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Chapman Financial Group LLC bought a new stake in Public Service Enterprise Group during the 2nd quarter valued at about $25,000. Caitong International Asset Management Co. Ltd bought a new position in Public Service Enterprise Group in the 3rd quarter worth about $54,000. DV Equities LLC purchased a new position in shares of Public Service Enterprise Group during the fourth quarter worth approximately $56,000. Quarry LP bought a new stake in shares of Public Service Enterprise Group during the third quarter valued at approximately $65,000. Finally, Zions Bancorporation National Association UT boosted its holdings in shares of Public Service Enterprise Group by 379.8% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,070 shares of the utilities provider’s stock valued at $86,000 after purchasing an additional 847 shares during the period. Hedge funds and other institutional investors own 73.34% of the company’s stock.

About Public Service Enterprise Group

(Get Free Report)

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.

See Also

Earnings History for Public Service Enterprise Group (NYSE:PEG)

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