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PEG beat earnings estimates, raised 2025 guidance, and raised its dividend.
Public Service Enterprise Group (PEG) reported third-quarter earnings of $1.13 per share, exceeding estimates, with revenue rising 22.1% year-over-year to $3.23 billion.
The company raised its 2025 full-year earnings guidance to $4.00–$4.06 per share and declared a quarterly dividend of $0.63.
Institutional ownership remains high at 73.34%, with several funds increasing stakes.
Analysts maintain a "Moderate Buy" consensus, with a $90.96 average price target.
The stock trades at $78.28, has a 52-week range of $74.67–$91.25, and offers a 3.2% dividend yield.
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PEG superó las estimaciones de ganancias, elevó la orientación para 2025 y aumentó su dividendo.