New insider activity at Public Service Enterprise ( (PEG) ) has taken place on May 3, 2025.
Ralph Larossa, the Chair, President, and CEO of Public Service Enterprise, has recently sold 1,378 shares of the company’s stock, amounting to a total value of $109,206.
Recent Updates on PEG stock
Public Service Enterprise Group (PSEG) reported strong financial results for Q1 2025, with net income rising to $589 million, driven by increased revenues from new electric and gas distribution rates and higher demand during cold winter months. The company maintained its full-year earnings guidance and announced a 5% dividend increase. PSEG’s nuclear operations achieved a 99.9% capacity factor, reinforcing its commitment to clean energy. Despite these positive developments, challenges such as rising residential electric bills, resource adequacy issues, and uncertainty regarding the LIPA contract were highlighted. Analysts adjusted their price targets for PSEG, reflecting mixed sentiments due to its robust performance and strategic initiatives, alongside concerns over these challenges.
Spark’s Take on PEG Stock
According to Spark, TipRanks’ AI Analyst, PEG is a Neutral.
Public Service Enterprise Group exhibits a balanced financial performance with strong revenue growth and profitability. However, high leverage and negative free cash flow pose financial risks. The technical analysis indicates a bearish trend, while valuation metrics suggest a slightly premium price with a compensating dividend yield. The earnings call and corporate events highlight solid performance and strategic initiatives, but also reveal challenges such as increased electric bills and contract uncertainties. Overall, the stock presents a moderate investment opportunity with potential growth tempered by financial and operational challenges.
To see Spark’s full report on PEG stock, click here.
More about Public Service Enterprise
YTD Price Performance: -6.16%
Average Trading Volume: 3,053,658
Technical Sentiment Signal: Sell
Current Market Cap: $39.25B