Several key events provide insight into the performance of Public Service Enterprise Group Incorporated (NYSE:PEG). The utility company had several strong trading days, outperforming competitors, and reaching a new 1-year high at $72.21. Frequent dividends are noted throughout, including a recurring $0.60 payout and a 5.3% dividend hike. The company miscued on earnings on a few occasions, which led to analysts revising their models. Despite some underperformance relative to the market, several investments firms, such as Victory Capital Management and Russell Investments Group, have increased their holdings. Considering news of insider selling, including the CEO offloading 1374 shares. Public Service Enterprise Group Incorporated's earnings missed expectations in Q1 2024. Though limited excitement is noted around the stock, a consensus recommendation of “Moderate Buy” has been issued by analysts. With reports of financial updates and SWOT analysis, Public Service Enterprise Group Incorporated plans strategic growth initiatives and has initiated 2024 non-GAAP operating earnings guidance.
Public Service Enterprise Group Incorporated PEG News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Thu, 09 May 2024 19:04:03 GMT -
Rating 4
- Innovation -1
- Information 6
- Rumor -4
