The Public Service Enterprise Group Incorporated (PEG) has made significant industry moves. Many institutional investors view PEG as a worthy bet owning about 76% of its stocks. The company reported Q1 2025 Earnings apparently revealing a robust financial status. Furthermore, PSEG has proposed a relief package amid increasing electric bills in New Jersey. Notably, an Insider, Ralph Larossa, sold some shares, and Wall Street analysts are speculating about the target price for PSEG's stock. Despite some claims of growth being lacking, the company's infrastructure and clean energy initiatives gain support. PEG's target price was adjusted by Morgan Stanley, and the company has committed to increasing its dividend to $0.63. PEG has been identified as a safe dividend stock to buy now, despite some financial results missing estimates. There have been additional insider sales alluding to potential weakness, and the company’s debt appears substantial. PSEG's nuclear energy stock has earned endorsements while the company also navigates rising energy costs. The company particularly remains in the limelight for its environmental design and advancements in AI and nuclear power.
Public Service Enterprise Group Incorporated PEG News Analytics from Tue, 29 Jun 2021 07:00:00 GMT to Thu, 05 Jun 2025 14:02:00 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 5
