NYSE:PEG Public Service Enterprise Group (PEG) Stock Forecast, Price & News $57.90 -0.57 (-0.97%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$57.73▼$58.6350-Day Range$58.46▼$65.1352-Week Range$52.51▼$65.46Volume2.36 million shsAverage Volume2.42 million shsMarket Capitalization$28.90 billionP/E Ratio10.41Dividend Yield3.94%Price Target$65.46 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Public Service Enterprise Group MarketRank™ ForecastAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside13.1% Upside$65.46 Price TargetShort InterestHealthy1.49% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.92Based on 10 Articles This WeekInsider TradingSelling Shares$807,273 Sold Last QuarterProj. Earnings Growth6.09%From $3.45 to $3.66 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.2.96 out of 5 starsUtilities Sector14th out of 87 stocksElectric & Other Services Combined Industry1st out of 18 stocks 3.3 Analyst's Opinion Consensus RatingPublic Service Enterprise Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.46, Public Service Enterprise Group has a forecasted upside of 13.1% from its current price of $57.90.Amount of Analyst CoveragePublic Service Enterprise Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.49% 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 3.3, 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 1.09%, 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 3.78%, 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 41.01%. 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 62.30% 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 3.3 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 0.58 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Public Service Enterprise Group this week, compared to 5 articles on an average week.Search InterestOnly 5 people have searched for PEG on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows8 people have added Public Service Enterprise Group to their MarketBeat watchlist in the last 30 days. This is an increase of 167% 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 $807,273.00 in company stock.Percentage Held by InsidersOnly 0.57% of the stock of Public Service Enterprise Group is held by insiders.Percentage Held by Institutions72.28% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Public Service Enterprise Group are expected to grow by 6.09% in the coming year, from $3.45 to $3.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Service Enterprise Group is 10.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Service Enterprise Group is 10.41, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.76.Price to Earnings Growth RatioPublic Service Enterprise Group has a PEG Ratio of 3.20. 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 2.10. 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 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.Read More PEG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PEG Stock News HeadlinesSeptember 26, 2023 | finance.yahoo.comPSEG To Announce Third Quarter 2023 Financial Results On October 31September 25, 2023 | americanbankingnews.comRose M. Chernick Sells 200 Shares of Public Service Enterprise Group Incorporated (NYSE:PEG) StockSeptember 27, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 23, 2023 | americanbankingnews.comMorgan Stanley Increases Public Service Enterprise Group (NYSE:PEG) Price Target to $63.00September 21, 2023 | investing.comKenneth Tanji appointed to Public Service Enterprise Group boardSeptember 21, 2023 | finance.yahoo.comPSEG Elects Kenneth Y. Tanji to Board of DirectorsSeptember 11, 2023 | seekingalpha.comPublic Service Enterprise: Pension Expense Out Of The Way, 2 More Uncertainties To ClearSeptember 7, 2023 | finance.yahoo.comUnveiling Public Service Enterprise Group (PEG)'s Value: Is It Really Priced Right? 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Full story and 4 steps you can take,August 31, 2023 | finance.yahoo.comPSEG (PEG) Down 2.3% Since Last Earnings Report: Can It Rebound?August 17, 2023 | markets.businessinsider.com8 Analysts Have This to Say About Public Service EnterpriseAugust 14, 2023 | msn.comUBS Downgrades Public Service Enterprise Group (PEG)August 14, 2023 | finance.yahoo.com4 big analyst cuts: For Marriott, 'shorter-term upside is limited,' says BernsteinAugust 3, 2023 | finance.yahoo.comPublic Service Enterprise Group Incorporated (NYSE:PEG) Q2 2023 Earnings Call TranscriptAugust 2, 2023 | seekingalpha.comPublic Service Enterprise: Slow And Steady Revenue Growth, But A High ValuationAugust 2, 2023 | markets.businessinsider.comBMO Capital Reaffirms Their Hold Rating on Public Service Enterprise (PEG)August 1, 2023 | seekingalpha.comPublic Service Enterprise Group Incorporated 2023 Q2 - Results - Earnings Call PresentationAugust 1, 2023 | finanznachrichten.deROUNDUP: Public Service Enterprise Q2 Profit Beats Estimates; Backs FY23 ViewAugust 1, 2023 | markets.businessinsider.comPublic Service Enterprise Group Inc Q2 Profit Increases, beats estimatesAugust 1, 2023 | finance.yahoo.comPSEG Announces Second Quarter 2023 ResultsAugust 1, 2023 | finance.yahoo.comPSEG (PEG) Q2 Earnings and Revenues Surpass EstimatesJuly 31, 2023 | benzinga.comEarnings Preview: Public Service EnterpriseJuly 31, 2023 | finance.yahoo.com5 Large-Cap Stocks to Buy Ahead of Q2 Earnings TomorrowJuly 31, 2023 | finance.yahoo.comUtilities Q2 Earnings Due on Aug 1: PEG, FE & WECJuly 26, 2023 | finance.yahoo.comAmeren (AEE) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 ReleaseJuly 17, 2023 | seekingalpha.comPublic Service declares $0.57 dividendJuly 17, 2023 | finance.yahoo.comPSEG Declares Regular Quarterly Dividend for Third Quarter of 2023See More Headlines 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 Company Calendar Ex-Dividend for 6/30 Dividend6/08/2023Dividend Payable6/30/2023Last Earnings8/01/2023Ex-Dividend for 9/29 Dividend9/07/2023Today9/27/2023Dividend Payable9/29/2023Next Earnings (Confirmed)10/31/2023Fiscal 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$65.46 High Stock Price Forecast$70.00 Low Stock Price Forecast$60.50 Forecasted Upside/Downside+12.6%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$5.56 Trailing P/E Ratio10.46 Forward P/E Ratio16.85 P/E Growth3.2Net Income$1.03 billion Net Margins23.99% Pretax Margin29.23% Return on Equity12.64% Return on Assets3.67% Debt Debt-to-Equity Ratio1.09 Current Ratio0.67 Quick Ratio0.52 Sales & Book Value Annual Sales$9.80 billion Price / Sales2.96 Cash Flow$5.94 per share Price / Cash Flow9.78 Book Value$27.52 per share Price / Book2.11Miscellaneous Outstanding Shares499,110,000Free Float496,266,000Market Cap$29.01 billion OptionableOptionable Beta0.58 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Ralph A. LaRossa (Age 60)Chair, Pres & CEO Comp: $2.16MMr. Daniel J. Cregg (Age 59)Exec. VP & CFO Comp: $1.42MMs. Tamara Louise Linde Esq. (Age 58)Exec. VP & Gen. Counsel Comp: $1.32MMs. Kim C. Hanemann (Age 59)Pres & COO of Public Service Electric & Gas Comp: $1.32MMr. Zeeshan SheikhSr. VP and Chief Information & Digital OfficerMs. Carlotta N. ChanVP of Investor RelationsMs. Courtney McCormickSr. VP of Audit, Enterprise Risk & ComplianceMs. Karen CleeveVP of Corp. CommunicationsMs. Sheila J. Rostiac (Age 52)Sr. VP of HR, Chief HR Officer & Chief Diversity Officer Mr. Richard T. Thigpen (Age 62)Sr. VP of Corp. Citizenship More ExecutivesKey CompetitorsConsolidated EdisonNYSE:EDWEC Energy GroupNYSE:WECAmerenNYSE:AEECMS EnergyNYSE:CMSPG&ENYSE:PCGView All CompetitorsInsiders & InstitutionsBROOKFIELD Corp ON Sold 738,739 shares on 9/26/2023Ownership: 0.128%M Holdings Securities Inc.Sold 2,070 shares on 9/26/2023Ownership: 0.001%Rose M ChernickSold 200 sharesTotal: $12,126.00 ($60.63/share)ST Germain D J Co. Inc.Bought 6,720 shares on 9/7/2023Ownership: 0.001%Invictus Private Wealth LLCSold 171 shares on 8/24/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions PEG Stock - Frequently Asked Questions Should I buy or sell Public Service Enterprise Group stock right now? 12 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 7 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 forecast for 2023? 12 brokers have issued 12-month target prices for Public Service Enterprise Group's shares. Their PEG share price forecasts range from $60.50 to $70.00. On average, they expect the company's stock price to reach $65.46 in the next twelve months. This suggests a possible upside of 12.6% 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 beginning of 2023. Since then, PEG shares have decreased by 5.1% and is now trading at $58.13. 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, October 31st 2023. View our PEG earnings forecast. How can I listen to Public Service Enterprise Group's earnings call? Public Service Enterprise Group will be holding an earnings conference call on Tuesday, October 31st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Public Service Enterprise Group's earnings last quarter? Public Service Enterprise Group Incorporated (NYSE:PEG) issued its earnings results on Tuesday, August, 1st. The utilities provider reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.09. The utilities provider earned $2.42 billion during the quarter, compared to the consensus estimate of $1.95 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 12.64% and a net margin of 23.99%. The company's revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 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 announced a quarterly dividend on Monday, July 17th. Investors of record on Friday, September 8th will be given a dividend of $0.57 per share on Friday, September 29th. This represents a $2.28 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date is Thursday, September 7th. 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 ETF (VPU) and Fidelity MSCI Utilities Index ETF (FUTY). 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 3.78%. 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 41.01%. 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 guidance has Public Service Enterprise Group issued on next quarter's earnings? Public Service Enterprise Group updated its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $3.40-$3.50 for the period, compared to the consensus earnings per share estimate of $3.45. 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.76%), JPMorgan Chase & Co. (6.47%), State Street Corp (6.10%), Geode Capital Management LLC (2.14%), Capital Research Global Investors (2.09%) and Northern Trust Corp (1.20%). 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 $58.13. How much money does Public Service Enterprise Group make? Public Service Enterprise Group (NYSE:PEG) has a market capitalization of $29.01 billion and generates $9.80 billion in revenue each year. The utilities provider earns $1.03 billion in net income (profit) each year or $5.56 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 9/27/2023 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. Adding Public Service Enterprise Group Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. 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