S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China

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

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
1.13mentions 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.

2.67 out of 5 stars

Utilities Sector

12th out of 86 stocks

Electric & Other Services Combined Industry

1st out of 17 stocks


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

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.
Guru Fundamental Report for PEG
9 Analysts Have This to Say About Public Service Enterprise
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
ENLAY vs. PEG: Which Stock Is the Better Value Option?
Q3 2023 Public Service Enterprise Group Inc Earnings Call
Public Service Enterprise Group Inc Q3 Profit Increases, beats estimates
PSEG Announces Third Quarter 2023 Results
See 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.

Company Calendar

Ex-Dividend for 9/29 Dividend
9/07/2023
Dividend Payable
9/29/2023
Last Earnings
10/31/2023
Today
12/02/2023
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

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
74457310
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

Net Income
$1.03 billion
Pretax Margin
28.86%

Debt

Sales & Book Value

Annual Sales
$9.80 billion
Cash Flow
$6.27 per share
Book Value
$30.43 per share

Miscellaneous

Free Float
495,474,000
Market Cap
$31.60 billion
Optionable
Optionable
Beta
0.58

Social Links

(Almost) Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Key Executives















PEG Stock Analysis - Frequently Asked Questions

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

10 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 6 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 1 year price objectives for Public Service Enterprise Group's stock. Their PEG share price targets range from $60.00 to $70.00. On average, they expect 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 beginning of 2023. 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 earnings results on Tuesday, October, 31st. The utilities provider reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.10. The utilities provider had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.42 billion. Public Service Enterprise Group had a net margin of 23.83% and a trailing twelve-month return on equity of 12.20%.
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, November 21st. Shareholders of record on Friday, December 8th will be paid 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 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 3.65%. 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 guidance has Public Service Enterprise Group issued on next quarter's earnings?

Public Service Enterprise Group issued an update on its FY23 earnings guidance on Tuesday, October, 31st. The company provided earnings per share (EPS) guidance of $3.40-3.50 for the period, compared to the consensus 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 institutional and retail 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 12/2/2023 by MarketBeat.com Staff

My Account -