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

-0.50 (-0.67%)
(As of 05/28/2024 ET)
Today's Range
50-Day Range
52-Week Range
2.04 million shs
Average Volume
2.83 million shs
Market Capitalization
$37.13 billion
P/E Ratio
Dividend Yield
Price Target

Public Service Enterprise Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
7.5% Downside
$68.92 Price Target
Short Interest
1.93% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.30mentions of Public Service Enterprise Group in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$607,376 Sold Last Quarter
Proj. Earnings Growth
From $3.67 to $4.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.55 out of 5 stars

Utilities Sector

10th out of 93 stocks

Electric & Other Services Combined Industry

2nd out of 18 stocks

PEG stock logo

About Public Service Enterprise Group Stock (NYSE:PEG)

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants and gas storage facilities activities. As of December 31, 2023, it had electric transmission and distribution system of 25,000 circuit miles and 866,600 poles; 56 switching stations with an installed capacity of 39,953 megavolt-amperes (MVA), and 235 substations with an installed capacity of 10,382 MVA; 109 MVA aggregate installed capacity for substations; four electric distribution headquarters and five electric sub-headquarters; 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; and 158 MegaWatts defined conditions of installed PV solar capacity. Public Service Enterprise Group Incorporated was founded in 1903 and is based in Newark, New Jersey.

PEG Stock Price History

PEG Stock News Headlines

Public Service Enterprise (PEG) Gets a Hold from KeyBanc
Public Service declares $0.60 dividend
PEG Crosses Above Average Analyst Target
Public Service Enterprise (PEG) Receives a Buy from Evercore ISI
See More Headlines
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Company Calendar

Ex-Dividend for 3/29 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 6/28 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Electric & other services combined
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
13 Analysts


Net Income
$2.56 billion
Pretax Margin


Sales & Book Value

Annual Sales
$11.24 billion
Cash Flow
$6.29 per share
Book Value
$31.06 per share


Free Float
Market Cap
$37.16 billion

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PEG Stock Analysis - Frequently Asked Questions

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

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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?

13 equities research analysts have issued 12-month target prices for Public Service Enterprise Group's shares. Their PEG share price targets range from $60.00 to $80.00. On average, they expect the company's share price to reach $68.92 in the next twelve months. This suggests that the stock has a possible downside of 7.5%.
View analysts price targets for PEG
or view top-rated stocks among Wall Street analysts.

How have PEG shares performed in 2024?

Public Service Enterprise Group's stock was trading at $61.15 at the beginning of 2024. Since then, PEG stock has increased by 21.9% and is now trading at $74.54.
View the best growth stocks for 2024 here

Are investors shorting Public Service Enterprise Group?

Public Service Enterprise Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,590,000 shares, an increase of 34.9% from the April 30th total of 7,110,000 shares. Based on an average daily volume of 2,950,000 shares, the short-interest ratio is currently 3.3 days. Approximately 1.9% of the company's shares are short sold.
View Public Service Enterprise Group's Short Interest

When is Public Service Enterprise Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our PEG earnings forecast

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

Public Service Enterprise Group Incorporated (NYSE:PEG) issued its earnings results on Tuesday, April, 30th. The utilities provider reported $1.31 EPS for the quarter, missing the consensus estimate of $1.32 by $0.01. The utilities provider earned $2.76 billion during the quarter, compared to analysts' expectations of $2.99 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 11.10% and a net margin of 17.65%. The firm's quarterly revenue was down 26.5% on a year-over-year basis. During the same period last year, the business earned $1.39 earnings per share.
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 declared a quarterly dividend on Tuesday, April 16th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.60 per share on Friday, June 28th. This represents a $2.40 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend is Friday, June 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 $2.40 per share and currently has a dividend yield of 3.20%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 66.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PEG will have a dividend payout ratio of 59.41% 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 2024 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of 3.600-3.700 for the period, compared to the consensus estimate of 3.670. 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 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.02%), JPMorgan Chase & Co. (5.16%), Capital World Investors (1.15%), Capital Research Global Investors (0.95%), Bank of New York Mellon Corp (0.79%) and ClearBridge Investments Ltd (0.48%). Insiders that own company stock include Eric Carr, Ralph A Larossa, Ralph A Larossa, Ralph Izzo, Richard T Thigpen, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PEG) was last updated on 5/28/2024 by Staff

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