An array of developments encapsulate
Public Service Enterprise Group Incorporated's (PSEG) recent performance and standing in the market. Scheduled to announce their
Q1 2025 Financial Results on April 30, PSEG is among the 'safest dividend stocks to buy now.' Despite BMO Capital reducing PSEG's stock target to $83 (from $86),
Institutional investors continue to show faith in the company, enjoying a US$2.0b market cap gain. With dividends increased to $0.63, PSEG stands strong against Wall Street's bullish and bearish outlooks. The enterprise group's focus on
AI and Nuclear Power is key to its current position. Despite insider sales suggesting potential weakness, PSEG's infrastructure investments bolster its long-term growth prospects. While financial results show strong performance, some analysts hold a mixed outlook due to weak financial standings countered by systematic investments. Regulatory developments and quarterly financial results are consistently announced, PSEG recently completed a
$1 billion senior notes offering. The dividend record stretches to the 14th year with the recent hike of 5%. A few stock price targets have been adjusted by major banks, also some slight decrease after an AI Data center concern and Barclays downgrade.
Public Service Enterprise Group Incorporated PEG News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Sat, 12 Apr 2025 21:01:28 GMT -
Rating 5
- Innovation -3
- Information 7
- Rumor -3
