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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt

Public Service Enterprise Group Stock Price, News & Analysis (NYSE:PEG)

$63.42
+0.99 (+1.59%)
(As of 12/1/2023 ET)
Compare
Today's Range
$62.26
▼
$63.61
50-Day Range
$54.69
▼
$65.05
52-Week Range
$53.71
▼
$65.46
Volume
3.56 million shs
Average Volume
3.23 million shs
Market Capitalization
$31.60 billion
P/E Ratio
11.30
Dividend Yield
3.60%
Price Target
$64.15
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Public Service Enterprise Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
1.2% Upside
$64.15 Price Target
Short Interest
Healthy
1.98% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.10
Upright™ Environmental Score
News Sentiment
1.20mentions of Public Service Enterprise Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$296,348 Sold Last Quarter
Proj. Earnings Growth
5.78%
From $3.46 to $3.66 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Utilities Sector

14th out of 86 stocks

Electric & Other Services Combined Industry

1st out of 18 stocks

See Top Rated MarketRank™ Stocks Here

PEG stock logo

About Public Service Enterprise Group Stock (NYSE:PEG)

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in Mid-Atlantic United States. The company operates through PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2022, it had electric transmission and distribution system of 25,000 circuit miles and 864,000 poles; 55 switching stations with an installed capacity of 39,653 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,735 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.

PEG Stock Price History

PEG Stock News Headlines

December 3, 2023 | americanbankingnews.com
JPMorgan Chase & Co. Boosts Public Service Enterprise Group (NYSE:PEG) Price Target to $70.00
December 1, 2023 | benzinga.com
Public Service Enterprise Stock (NYSE:PEG), Quotes and News Summary
December 3, 2023 | DTI Trader (Ad)
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November 28, 2023 | seekingalpha.com
Public Service Enterprise Group: A Deserved Valuation Premium, But Shares Near Fair Value
November 28, 2023 | americanbankingnews.com
Public Service Enterprise Group Incorporated (NYSE:PEG) Receives Consensus Recommendation of "Moderate Buy" from Analysts
November 26, 2023 | nasdaq.com
Guru Fundamental Report for PEG
November 21, 2023 | markets.businessinsider.com
9 Analysts Have This to Say About Public Service Enterprise
November 21, 2023 | finance.yahoo.com
PSEG Declares Regular Quarterly Dividend for the Fourth Quarter of 2023
December 3, 2023 | DTI Trader (Ad)
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
November 17, 2023 | finance.yahoo.com
ENLAY vs. PEG: Which Stock Is the Better Value Option?
November 17, 2023 | finance.yahoo.com
PSEG Launches 2023 Sustainability Report - First Report Released Under Chair, President and CEO Ralph LaRossa
November 9, 2023 | finance.yahoo.com
With EPS Growth And More, Public Service Enterprise Group (NYSE:PEG) Makes An Interesting Case
November 2, 2023 | finance.yahoo.com
With Winter Heating Season Nearing, PSEG Long Island Customers May Be Eligible for Assistance
November 2, 2023 | finance.yahoo.com
The Public Service Enterprise Group Inc (PEG) Company: A Short SWOT Analysis
November 2, 2023 | finance.yahoo.com
Duke Energy (DUK) Q3 Earnings Beat Estimates, Revenues Rise Y/Y
November 1, 2023 | finance.yahoo.com
Public Service Enterprise Group Incorporated (NYSE:PEG) Q3 2023 Earnings Call Transcript
November 1, 2023 | finance.yahoo.com
Q3 2023 Public Service Enterprise Group Inc Earnings Call
November 1, 2023 | finance.yahoo.com
Public Service Enterprise Group Incorporated: Public Service Enterprise Group Earnings: Performance on Track Going Into 2024
October 31, 2023 | markets.businessinsider.com
Public Service Enterprise Reaffirms FY23 Operating Earnings Outlook - Update
October 31, 2023 | reuters.com
Public Service Enterprise beats Q3 profit estimates boosted by power and gas unit
October 31, 2023 | markets.businessinsider.com
Public Service Enterprise Group Inc Q3 Profit Increases, beats estimates
October 31, 2023 | finance.yahoo.com
PSEG Announces Third Quarter 2023 Results
October 26, 2023 | msn.com
PSEG (PEG) to Report Q3 Earnings: Here's What to Expect
October 26, 2023 | finance.yahoo.com
With 75% ownership, Public Service Enterprise Group Incorporated (NYSE:PEG) boasts of strong institutional backing
October 12, 2023 | finance.yahoo.com
Public Service Enterprise Group (NYSE:PEG) stock performs better than its underlying earnings growth over last five years
October 4, 2023 | msn.com
UBS Maintains Public Service Enterprise Group (PEG) Neutral Recommendation
September 26, 2023 | finance.yahoo.com
PSEG To Announce Third Quarter 2023 Financial Results On October 31
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/07/2023
Dividend Payable
9/29/2023
Last Earnings
10/31/2023
Today
12/03/2023
Ex-Dividend for 12/29 Dividend
12/07/2023
Dividend Payable
12/29/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/20/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
Sector
Utilities
Current Symbol
NYSE:PEG
CUSIP
74457310
CIK
788784
Web
www.pseg.com
Phone
(973) 430-7000
Fax
973-643-3367
Employees
12,525
Year Founded
1903

Price Target and Rating

Average Stock Price Target
$64.15
High Stock Price Target
$70.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+1.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.61
Trailing P/E Ratio
11.30
Forward P/E Ratio
18.33
P/E Growth
3.72
Net Income
$1.03 billion
Net Margins
23.83%
Pretax Margin
28.86%
Return on Equity
12.20%
Return on Assets
3.63%

Debt

Debt-to-Equity Ratio
1.12
Current Ratio
0.63
Quick Ratio
0.45

Sales & Book Value

Annual Sales
$9.80 billion
Price / Sales
3.22
Cash Flow
$6.17 per share
Price / Cash Flow
10.28
Book Value
$30.43 per share
Price / Book
2.08

Miscellaneous

Outstanding Shares
498,310,000
Free Float
495,474,000
Market Cap
$31.60 billion
Optionable
Optionable
Beta
0.58

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Key Executives

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Public Service Enterprise Group Stock? PEG Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Public Service Enterprise Group was last updated on Sunday, December 3, 2023 at 5:02 PM.

Pros

Here are some ways that investors could benefit from investing in Public Service Enterprise Group Incorporated:

  • Strong Earnings: Public Service Enterprise Group Incorporated reported earnings per share of $0.85 for the last quarter, surpassing analysts' estimates by $0.10. This indicates the company's ability to generate profits and potentially attract investors.
  • Dividend Yield: The company recently announced a quarterly dividend of $0.57 per share, resulting in an annualized dividend of $2.28 and a dividend yield of 3.54%. This can be attractive to income-focused investors seeking regular cash flow.
  • Positive Analyst Ratings: Several research reports have given Public Service Enterprise Group Incorporated positive ratings, with target prices ranging from $62.00 to $70.00. This suggests that analysts have confidence in the company's future performance.
  • Stable Industry: Public Service Enterprise Group Incorporated operates in the electric and multi-utilities industry, which provides essential services. This industry tends to be relatively stable, offering investors a sense of security.
  • Recent Insider Activity: The CEO of Public Service Enterprise Group Incorporated, Ralph A. Larossa, sold shares of the company's stock at an average price of $63.00. Insider activity can sometimes indicate confidence in the company's prospects.

Cons

Investors should be bearish about investing in Public Service Enterprise Group Incorporated for these reasons:

  • Stock Price Volatility: The stock price of Public Service Enterprise Group Incorporated may experience fluctuations, which can be a concern for investors seeking stability.
  • Regulatory Risks: As an energy company, Public Service Enterprise Group Incorporated is subject to various regulations and policies that can impact its operations and financial performance. Changes in regulations could pose risks to investors.
  • Competition: The electric and multi-utilities industry is competitive, with other companies vying for market share. Public Service Enterprise Group Incorporated may face challenges in maintaining its position and profitability.
  • Dependence on Regional Market: Public Service Enterprise Group Incorporated primarily operates in the Mid-Atlantic United States. Its financial performance can be influenced by regional economic conditions, which may limit growth opportunities.
  • Environmental Concerns: As an energy company, Public Service Enterprise Group Incorporated may face scrutiny and potential challenges related to environmental sustainability. This could impact its reputation and future prospects.














PEG Stock Analysis - Frequently Asked Questions

Should I buy or sell Public Service Enterprise Group stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PEG shares.
View PEG analyst ratings or view top-rated stocks.

What is Public Service Enterprise Group's stock price target for 2024?

10 brokers have issued twelve-month price objectives for Public Service Enterprise Group's shares. Their PEG share price targets range from $60.00 to $70.00. On average, they predict the company's share price to reach $64.15 in the next year. This suggests a possible upside of 1.2% 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 at the start of the year. Since then, PEG stock has increased by 3.5% and is now trading at $63.42.
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, February 20th 2024.
View our PEG earnings forecast.

How were Public Service Enterprise Group's earnings last quarter?

Public Service Enterprise Group Incorporated (NYSE:PEG) posted its quarterly earnings data on Tuesday, October, 31st. The utilities provider reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.10. The utilities provider earned $2.46 billion during the quarter, compared to analyst estimates of $2.42 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 12.20% and a net margin of 23.83%.
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, November 21st. Shareholders of record on Friday, December 8th will be given a dividend of $0.57 per share on Friday, December 29th. This represents a $2.28 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date of this dividend is Thursday, December 7th.
Read our dividend analysis for PEG.

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 3.60%. 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 40.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PEG will have a dividend payout ratio of 62.30% next year. This indicates that the company will be able to sustain or increase its dividend.
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), ClearBridge Sustainable Infrastructure ETF (INFR), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), First Trust Utilities AlphaDEX Fund (FXU), Utilities Select Sector SPDR Fund (XLU), Vanguard Utilities Index Fund (VPU) and Fidelity MSCI Utilities Index ETF (FUTY).

What guidance has Public Service Enterprise Group issued on next quarter's earnings?

Public Service Enterprise Group updated its FY23 earnings guidance on Tuesday, October, 31st. The company provided earnings per share guidance of $3.40-3.50 for the period, compared to the consensus earnings per share estimate of $3.46.

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).

Who are Public Service Enterprise Group's major shareholders?

Public Service Enterprise Group's stock is owned by a number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (6.63%), Invesco Ltd. (1.69%), Legal & General Group Plc (1.41%), Northern Trust Corp (1.24%), Morgan Stanley (1.13%) and Nordea Investment Management AB (1.06%). 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.

This page (NYSE:PEG) was last updated on 12/3/2023 by MarketBeat.com Staff

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