NYSE:PEG Public Service Enterprise Group (PEG) Stock Forecast, Price & News $61.04 +1.14 (+1.90%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$59.84▼$61.3650-Day Range$58.78▼$64.2052-Week Range$52.51▼$69.94Volume3.14 million shsAverage Volume2.42 million shsMarket Capitalization$30.46 billionP/E Ratio13.16Dividend Yield3.74%Price Target$67.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Public Service Enterprise Group MarketRank™ ForecastAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside10.2% Upside$67.25 Price TargetShort InterestHealthy1.11% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.92Based on 3 Articles This WeekInsider TradingSelling Shares$409,461 Sold Last QuarterProj. Earnings Growth7.85%From $3.44 to $3.71 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.03 out of 5 starsUtilities Sector4th out of 84 stocksElectric & Other Services Combined Industry1st out of 19 stocks 3.3 Analyst's Opinion Consensus RatingPublic Service Enterprise Group has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $67.25, Public Service Enterprise Group has a forecasted upside of 10.2% from its current price of $61.04.Amount of Analyst CoveragePublic Service Enterprise Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.11% of the float of Public Service Enterprise Group has been sold short.Short Interest Ratio / Days to CoverPublic Service Enterprise Group has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Public Service Enterprise Group has recently increased by 4.35%, indicating that investor sentiment is decreasing. Previous Next 5.0 Dividend Strength Dividend LeadershipPublic Service Enterprise Group is a leading dividend payer. It pays a dividend yield of 3.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPublic Service Enterprise Group has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Public Service Enterprise Group is 49.14%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Public Service Enterprise Group will have a dividend payout ratio of 61.46% next year. This indicates that Public Service Enterprise Group will be able to sustain or increase its dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePublic Service Enterprise Group has received a 5.20% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity produced with nuclear fuels", "Electricity produced with natural gas", and "Electricity produced with coal" products. See details.Environmental SustainabilityThe Environmental Impact score for Public Service Enterprise Group is -3.10. Previous Next 2.7 News and Social Media Coverage News SentimentPublic Service Enterprise Group has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Public Service Enterprise Group this week, compared to 5 articles on an average week.Search Interest23 people have searched for PEG on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Public Service Enterprise Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Public Service Enterprise Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $409,461.00 in company stock.Percentage Held by InsidersOnly 0.57% of the stock of Public Service Enterprise Group is held by insiders.Percentage Held by Institutions70.67% of the stock of Public Service Enterprise Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Public Service Enterprise Group are expected to grow by 7.85% in the coming year, from $3.44 to $3.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Service Enterprise Group is 13.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Service Enterprise Group is 13.16, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 88.92.Price to Earnings Growth RatioPublic Service Enterprise Group has a PEG Ratio of 4.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPublic Service Enterprise Group has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Public Service Enterprise Group (NYSE:PEG) StockPublic Service Enterprise Group, Inc. is an energy company, which engages in the business of regulated electric and gas utility, and nuclear generation. Its products and services include energy, capacity, ancillary services, and emissions allowances and congestion credits. The firm operates through the Public Service Electric and Gas Company (PSE&G) and PSEG Power segments. The PSE&G segment focuses on the transmission of electricity and distribution of electricity and natural gas. The PSEG Power segment wholesales energy, fuel supply, and energy transacting functions. The company was founded in 1903 and is headquartered in Newark, NJ.Read More Receive PEG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Public Service Enterprise Group and its competitors with MarketBeat's FREE daily newsletter. Email Address PEG Stock News HeadlinesJune 2, 2023 | finance.yahoo.comThe Return Trends At Public Service Enterprise Group (NYSE:PEG) Look PromisingJune 1, 2023 | finance.yahoo.comPSEG (PEG) Down 5.5% Since Last Earnings Report: Can It Rebound?June 2, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 25, 2023 | msn.comPublic Service Enterprise Group: Good Play For Uncertain Times, But ExpensiveMay 25, 2023 | americanbankingnews.comPublic Service Enterprise Group (NYSE:PEG) Earns "Maintains" Rating from 92 ResourcesMay 21, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for Public Service Enterprise Group Incorporated's Q2 2023 Earnings (NYSE:PEG)May 17, 2023 | finance.yahoo.comInstitutional owners may consider drastic measures as Public Service Enterprise Group Incorporated's (NYSE:PEG) recent US$973m drop adds to long-term lossesMay 17, 2023 | americanbankingnews.comPublic Service Enterprise Group Incorporated Expected to Post Q2 2023 Earnings of $0.58 Per Share (NYSE:PEG)June 2, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 17, 2023 | americanbankingnews.comPublic Service Enterprise Group Incorporated (NYSE:PEG) Receives Average Recommendation of "Moderate Buy" from AnalystsMay 11, 2023 | finance.yahoo.comEIX vs. PEG: Which Stock Is the Better Value Option?May 9, 2023 | markets.businessinsider.comRBC Capital Keeps Their Buy Rating on Public Service Enterprise (PEG)May 9, 2023 | msn.comPublic Service Enterprise Earnings Perspective: Return On Capital EmployedMay 5, 2023 | marketwatch.comPublic Service Enterprise Group Inc. stock rises Friday, still underperforms marketMay 5, 2023 | finance.yahoo.comConsolidated Edison (ED) Q1 Earnings Beat, Revenues Rise Y/YMay 5, 2023 | americanbankingnews.comPublic Service Enterprise Group (NYSE:PEG) Updates FY23 Earnings GuidanceMay 5, 2023 | marketwatch.comPublic Service Enterprise Group Inc. stock rises Thursday, outperforms marketMay 3, 2023 | finance.yahoo.comPublic Service Enterprise Group First Quarter 2023 Earnings: Beats ExpectationsMay 3, 2023 | finance.yahoo.comQ1 2023 Public Service Enterprise Group Inc Earnings CallMay 2, 2023 | marketwatch.comPublic Service Enterprise Group Inc. stock outperforms market despite losses on the dayMay 2, 2023 | seekingalpha.comPublic Service Enterprise Group Incorporated 2023 Q1 - Results - Earnings Call PresentationMay 2, 2023 | finance.yahoo.comPSEG Announces First Quarter 2023 ResultsApril 27, 2023 | finance.yahoo.comPSEG (PEG) to Report Q1 Earnings: What's in the Cards?April 26, 2023 | americanbankingnews.comQ1 2023 Earnings Forecast for Public Service Enterprise Group Incorporated (NYSE:PEG) Issued By Zacks ResearchApril 26, 2023 | americanbankingnews.comPublic Service Enterprise Group (NYSE:PEG) Price Target Increased to $69.00 by Analysts at GuggenheimApril 25, 2023 | americanbankingnews.comPublic Service Enterprise Group (PEG) Set to Announce Earnings on TuesdayApril 25, 2023 | americanbankingnews.comZacks Research Weighs in on Public Service Enterprise Group Incorporated's Q1 2023 Earnings (NYSE:PEG)See More Headlines PEG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PEG Company Calendar Ex-Dividend for 3/31 Dividend3/09/2023Dividend Payable3/31/2023Last Earnings5/02/2023Today6/02/2023Ex-Dividend for 6/30 Dividend6/08/2023Dividend Payable6/30/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric & other services combined Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:PEG CUSIP74457310 CIK788784 Webwww.pseg.com Phone(973) 430-7000Fax973-643-3367Employees12,525Year Founded1903Price Target and Rating Average Stock Price Forecast$67.25 High Stock Price Forecast$76.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+10.2%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$4.64 Trailing P/E Ratio13.16 Forward P/E Ratio17.74 P/E Growth4.01Net Income$1.03 billion Net Margins20.64% Pretax Margin24.38% Return on Equity12.78% Return on Assets3.61% Debt Debt-to-Equity Ratio1.16 Current Ratio0.79 Quick Ratio0.66 Sales & Book Value Annual Sales$9.80 billion Price / Sales3.11 Cash Flow$6.30 per share Price / Cash Flow9.69 Book Value$29.51 per share Price / Book2.07Miscellaneous Outstanding Shares498,960,000Free Float496,121,000Market Cap$30.46 billion OptionableOptionable Beta0.56 Social Links Key ExecutivesRalph A. LaRossaChairman, President & Chief Executive OfficerDaniel J. CreggChief Financial Officer & Executive Vice PresidentZeeshan SheikhChief Information & Digital OfficerM. Courtney McCormickChief Risk, Audit & Compliance OfficerTamara Louise LindeExecutive Vice President & General CounselKey CompetitorsWEC Energy GroupNYSE:WECConsolidated EdisonNYSE:EDAmerenNYSE:AEEPG&ENYSE:PCGCMS EnergyNYSE:CMSView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 21,792 shares on 6/1/2023Ownership: 0.120%Kennedy Investment GroupSold 347 shares on 6/1/2023Ownership: 0.005%ProShare Advisors LLCBought 9,858 shares on 5/26/2023Ownership: 0.015%Fortis Group Advisors LLCBought 7,904 shares on 5/26/2023Ownership: 0.002%Brandywine Global Investment Management LLCSold 25,098 shares on 5/25/2023Ownership: 0.081%View All Insider TransactionsView All Institutional Transactions PEG Stock - Frequently Asked Questions Should I buy or sell Public Service Enterprise Group stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PEG shares. View PEG analyst ratings or view top-rated stocks. What is Public Service Enterprise Group's stock price forecast for 2023? 9 equities research analysts have issued 1 year price objectives for Public Service Enterprise Group's shares. Their PEG share price forecasts range from $60.00 to $76.00. On average, they predict the company's stock price to reach $67.25 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price. View analysts price targets for PEG or view top-rated stocks among Wall Street analysts. How have PEG shares performed in 2023? Public Service Enterprise Group's stock was trading at $61.27 on January 1st, 2023. Since then, PEG stock has decreased by 0.4% and is now trading at $61.04. View the best growth stocks for 2023 here. When is Public Service Enterprise Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our PEG earnings forecast. How were Public Service Enterprise Group's earnings last quarter? Public Service Enterprise Group Incorporated (NYSE:PEG) announced its quarterly earnings results on Tuesday, May, 2nd. The utilities provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.21 by $0.18. The utilities provider had revenue of $3.76 billion for the quarter, compared to analysts' expectations of $2.89 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 12.78% and a net margin of 20.64%. The business's revenue was up 62.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.33 EPS. Read the conference call transcript. How often does Public Service Enterprise Group pay dividends? What is the dividend yield for Public Service Enterprise Group? Public Service Enterprise Group announced a quarterly dividend on Tuesday, April 18th. Shareholders of record on Friday, June 9th will be given a dividend of $0.57 per share on Friday, June 30th. This represents a $2.28 annualized dividend and a dividend yield of 3.74%. The ex-dividend date of this dividend is Thursday, June 8th. Read our dividend analysis for PEG. What ETFs hold Public Service Enterprise Group's stock? ETFs with the largest weight of Public Service Enterprise Group (NYSE:PEG) stock in their portfolio include VanEck Uranium+Nuclear Energy ETF (NLR), Timothy Plan Market Neutral ETF (TPMN), Virtus Reaves Utilities ETF (UTES), ClearBridge Sustainable Infrastructure ETF (INFR), Subversive Decarbonization ETF (DKRB), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Utilities Select Sector SPDR Fund (XLU) and Vanguard Utilities ETF (VPU). Is Public Service Enterprise Group a good dividend stock? Public Service Enterprise Group (NYSE:PEG) pays an annual dividend of $2.28 per share and currently has a dividend yield of 3.82%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 49.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PEG will have a dividend payout ratio of 61.46% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PEG. What guidance has Public Service Enterprise Group issued on next quarter's earnings? Public Service Enterprise Group updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $3.40-$3.50 for the period, compared to the consensus EPS estimate of $3.44. The company issued revenue guidance of -. What is Ralph Izzo's approval rating as Public Service Enterprise Group's CEO? 203 employees have rated Public Service Enterprise Group Chief Executive Officer Ralph Izzo on Glassdoor.com. Ralph Izzo has an approval rating of 88% among the company's employees. What other stocks do shareholders of Public Service Enterprise Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Public Service Enterprise Group investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Pfizer (PFE), Exxon Mobil (XOM), Intel (INTC), Cisco Systems (CSCO), Procter & Gamble (PG), Chevron (CVX) and AbbVie (ABBV). What is Public Service Enterprise Group's stock symbol? Public Service Enterprise Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEG." Who are Public Service Enterprise Group's major shareholders? Public Service Enterprise Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.04%), State Street Corp (6.03%), JPMorgan Chase & Co. (4.67%), Geode Capital Management LLC (2.05%), Nordea Investment Management AB (1.11%) and Bank of New York Mellon Corp (1.11%). Insiders that own company stock include Edward S Lampert, Eric Carr, Ralph A Larossa, Ralph A Larossa, Ralph Izzo, Rose M Chernick, Rose M Chernick and Tamara Louise Linde. View institutional ownership trends. How do I buy shares of Public Service Enterprise Group? Shares of PEG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Public Service Enterprise Group's stock price today? One share of PEG stock can currently be purchased for approximately $61.04. How much money does Public Service Enterprise Group make? Public Service Enterprise Group (NYSE:PEG) has a market capitalization of $30.46 billion and generates $9.80 billion in revenue each year. The utilities provider earns $1.03 billion in net income (profit) each year or $4.64 on an earnings per share basis. How many employees does Public Service Enterprise Group have? The company employs 12,525 workers across the globe. How can I contact Public Service Enterprise Group? Public Service Enterprise Group's mailing address is 80 PARK PLAZA, NEWARK NJ, 07102. The official website for the company is www.pseg.com. The utilities provider can be reached via phone at (973) 430-7000, via email at carlotta.chan@pseg.com, or via fax at 973-643-3367. This page (NYSE:PEG) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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