Public Service Enterprise Group
0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
395% more call options, than puts
Call options by funds: $217M | Put options by funds: $43.8M
114% more first-time investments, than exits
New positions opened: 169 | Existing positions closed: 79
17% more repeat investments, than reductions
Existing positions increased: 455 | Existing positions reduced: 389
5% more funds holding
Funds holding: 1,150 [Q3] → 1,212 (+62) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 7 (+0) [Q4]
2.5% less ownership
Funds ownership: 77.31% [Q3] → 74.81% (-2.5%) [Q4]
8% less capital invested
Capital invested by funds: $34.3B [Q3] → $31.5B (-$2.85B) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$86
5%
upside
Avg. target
$94
15%
upside
High target
$100
23%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Morgan Stanley David Arcaro 48% 1-year accuracy 23 / 48 met price target | 23%upside $100 | Overweight Maintained | 20 Mar 2025 |
B of A Securities Julien Dumoulin-Smith 59% 1-year accuracy 100 / 169 met price target | 13%upside $92 | Buy Maintained | 3 Mar 2025 |
Guggenheim Shahriar Pourreza 45% 1-year accuracy 10 / 22 met price target | 20%upside $98 | Buy Reiterated | 26 Feb 2025 |
BMO Capital James Thalacker 75% 1-year accuracy 53 / 71 met price target | 5%upside $86 | Market Perform Maintained | 26 Feb 2025 |
Wells Fargo Neil Kalton 63% 1-year accuracy 30 / 48 met price target | 16%upside $95 | Overweight Maintained | 26 Feb 2025 |
Financial journalist opinion
Neutral
PRNewsWire
1 week ago
As Heating Season Ends, PSEG Long Island Reminds Customers Financial Assistance is Still Available
Nearly 40,000 customers receive monthly bill discount based on enrollment in benefit programs UNIONDALE, N.Y. , March 21, 2025 /PRNewswire/ -- While heating season is drawing to a close and related New York State assistance programs are drawing down the remainder of their funds, PSEG Long Island reminds customers struggling with their bills that they can apply for the company's Household Assistance Program year-round.
Positive
Zacks Investment Research
1 week ago
PSEG Stock Rides on Systematic Investments & Clean Energy Initiatives
PEG is projected to benefit from clean energy initiatives. The company is also investing in transmission and distribution infrastructure to meet customers' demand.
Neutral
PRNewsWire
1 month ago
For Consumer Protection Week, PSEG Long Island Reminds Customers to Be Alert for Scams
If someone calls and threatens to immediately shut off the power, it's likely fraudulent UNIONDALE, N.Y. , Feb. 28, 2025 /PRNewswire/ -- For National Consumer Protection Week (March 2-8).
Neutral
Seeking Alpha
1 month ago
Public Service Enterprise Group Incorporated (PEG) Q4 2024 Earnings Call Transcript
Public Service Enterprise Group Incorporated (PEG) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Public Service Enterprise Q4 Earnings Beat, Revenues Decline Y/Y
PEG's fourth-quarter revenues beat the Zacks Consensus Estimate by 6.6%. However, the top line decreases 5.4% from the year-ago level.
Neutral
Zacks Investment Research
1 month ago
PSEG (PEG) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for PSEG (PEG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
PSEG (PEG) Q4 Earnings and Revenues Surpass Estimates
PSEG (PEG) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.54 per share a year ago.
Positive
Reuters
1 month ago
Utility Public Service Enterprise forecasts higher 2025 profit, raises spending plan
U.S. electric and gas utility Public Service Enterprise Group on Tuesday forecast a higher profit for 2025 than the year earlier and raised its five-year capital spending plan to meet growing demand for power.
Neutral
PRNewsWire
1 month ago
PSEG ANNOUNCES 2024 RESULTS
$3.54 PER SHARE NET INCOME $3.68 PER SHARE NON-GAAP OPERATING EARNINGS Initiates 2025 Non-GAAP Operating Earnings Guidance of $3.94 - $4.06 Per Share, midpoint up ~9% over 2024 results Extends PSEG's 5% - 7% Non-GAAP Operating Earnings CAGR for 2025-2029, at the Production Tax Credit threshold, from higher 2025 midpoint Raises PSEG's 2025 - 2029 Capital Spending Plan to $22.5 billion - $26 billion, up by $3.5 billion from prior plan Targets PSE&G Rate Base CAGR of 6% - 7.5% for 2025-2029, from ~12% higher YE 2024 balance NEWARK, N.J., Feb. 25, 2025 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the full year and fourth quarter 2024: PSEG Consolidated (unaudited)Full Year Comparative Results Income Diluted Earnings Per Share ($ millions, except per share amounts) FY 2024 FY 2023 FY 2024 FY 2023 Net Income $1,772 $2,563 $3.54 $5.13 Reconciling Items 67 (821) 0.14 (1.65) Non-GAAP Operating Earnings $1,839 $1,742 $3.68 $3.48 Average Shares 500 500 PSEG Consolidated (unaudited)Fourth Quarter Comparative Results Income Diluted Earnings Per Share ($ millions, except per share amounts) 4Q 2024 4Q 2023 4Q 2024 4Q 2023 Net Income $286 $546 $0.57 $1.10 Reconciling Items 135 (275) 0.27 (0.56) Non-GAAP Operating Earnings $421 $271 $0.84 $0.54 Average Shares 500 500 The tables above provide a reconciliation of PSEG's Net Income to non-GAAP Operating Earnings for the fourth quarter and full year.
Positive
Zacks Investment Research
1 month ago
Public Service Enterprise Set to Report Q4 Earnings: What to Expect?
PEG's Q4 results are likely to benefit from data center expansion and favorable rate outcomes amid the impact of warm weather conditions.
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