Significant updates from the Public Service Enterprise Group Incorporated (NYSE:PEG) reveal that multiple institutions are buying their shares, including J.W. Cole Advisors and BNP Paribas Financial Markets. The Company repeatedly outperformed its competitors during strong trading days. Analyses show PEG's share price target has been continually adjusted upwards by different analysts. However, instances of the stock underperforming were also reported.
Notably, PEG is continually making investments despite a weak financial position but managed to declare regular quarterly dividends and even increased its common stock dividend for 2024. The Company has made significant earnings calls which included announcements of Q4 2023, Q1 2024, and Q2 2024 financial results. Additionally, Stock analysis reveals strong 2023 results with net income more than...
Finally, PEG has made significant moves on the business front including the election of Ricardo G. Pérez to its Board of Directors, and the completion of the sale of its 25% equity interest in Ocean Wind 1 to Ørsted N.A.
Public Service Enterprise Group Incorporated PEG News Analytics from Thu, 12 Aug 2021 07:00:00 GMT to Sat, 06 Jul 2024 19:21:18 GMT - Rating 5 - Innovation -4 - Information 6 - Rumor 2
