Public Service Enterprise Group (PEG) Stock Price, News & Analysis $62.33 -0.24 (-0.38%) (As of 09:33 AM ET) Add Compare Share Share Today's Range$62.33▼$62.5450-Day Range$54.69▼$65.0552-Week Range$53.71▼$65.46Volume24,145 shsAverage Volume2.56 million shsMarket Capitalization$31.06 billionP/E Ratio11.11Dividend Yield3.66%Price Target$64.15 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Public Service Enterprise Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside2.5% Upside$64.15 Price TargetShort InterestHealthy1.98% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.92Based on 10 Articles This WeekInsider TradingSelling Shares$382,924 Sold Last QuarterProj. Earnings Growth5.78%From $3.46 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.2.72 out of 5 starsUtilities Sector13th out of 85 stocksElectric & Other Services Combined Industry2nd out of 16 stocks 2.3 Analyst's Opinion Consensus RatingPublic Service Enterprise Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $64.15, Public Service Enterprise Group has a forecasted upside of 2.5% from its current price of $62.57.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 Shorted1.98% 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 3.7, 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 2.39%, 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 3.65%, 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 40.64%. 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 3.8 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 Interest15 people have searched for PEG on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows6 people have added Public Service Enterprise Group to their MarketBeat watchlist in the last 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 $382,924.00 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 5.78% in the coming year, from $3.46 to $3.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Service Enterprise Group is 11.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Service Enterprise Group is 11.15, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.60.Price to Earnings Growth RatioPublic Service Enterprise Group has a PEG Ratio of 3.65. 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 2.27. 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 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.Read More PEG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PEG Stock News HeadlinesDecember 11, 2023 | americanbankingnews.comHead-To-Head Comparison: HK Electric Investments and HK Electric Investments (OTCMKTS:HKCVF) & Public Service Enterprise Group (NYSE:PEG)December 9, 2023 | americanbankingnews.comHead-To-Head Review: Public Service Enterprise Group (NYSE:PEG) vs. Endesa (OTCMKTS:ELEZF)December 11, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou 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. December 7, 2023 | americanbankingnews.comHead to Head Survey: CK Infrastructure (OTCMKTS:CKISY) & Public Service Enterprise Group (NYSE:PEG)December 6, 2023 | finance.yahoo.comPublic Service Enterprise Group Inc's Dividend AnalysisDecember 5, 2023 | americanbankingnews.comPublic Service Enterprise Group Incorporated (NYSE:PEG) CEO Ralph A. Larossa Sells 1,374 SharesDecember 3, 2023 | americanbankingnews.comJPMorgan Chase & Co. Boosts Public Service Enterprise Group (NYSE:PEG) Price Target to $70.00December 1, 2023 | benzinga.comPublic Service Enterprise Stock (NYSE:PEG), Quotes and News SummaryDecember 11, 2023 | Edge On The Street (Ad)Is This The Most Overlooked Gold Investment Strategy of 2024?There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.November 28, 2023 | seekingalpha.comPublic Service Enterprise Group: A Deserved Valuation Premium, But Shares Near Fair ValueNovember 26, 2023 | nasdaq.comGuru Fundamental Report for PEGNovember 21, 2023 | markets.businessinsider.com9 Analysts Have This to Say About Public Service EnterpriseNovember 21, 2023 | finance.yahoo.comPSEG Declares Regular Quarterly Dividend for the Fourth Quarter of 2023November 17, 2023 | finance.yahoo.comENLAY vs. PEG: Which Stock Is the Better Value Option?November 17, 2023 | finance.yahoo.comPSEG Launches 2023 Sustainability Report - First Report Released Under Chair, President and CEO Ralph LaRossaNovember 9, 2023 | finance.yahoo.comWith EPS Growth And More, Public Service Enterprise Group (NYSE:PEG) Makes An Interesting CaseNovember 2, 2023 | finance.yahoo.comWith Winter Heating Season Nearing, PSEG Long Island Customers May Be Eligible for AssistanceNovember 2, 2023 | finance.yahoo.comThe Public Service Enterprise Group Inc (PEG) Company: A Short SWOT AnalysisNovember 2, 2023 | finance.yahoo.comDuke Energy (DUK) Q3 Earnings Beat Estimates, Revenues Rise Y/YNovember 1, 2023 | finance.yahoo.comPublic Service Enterprise Group Incorporated (NYSE:PEG) Q3 2023 Earnings Call TranscriptNovember 1, 2023 | finance.yahoo.comQ3 2023 Public Service Enterprise Group Inc Earnings CallNovember 1, 2023 | finance.yahoo.comPublic Service Enterprise Group Incorporated: Public Service Enterprise Group Earnings: Performance on Track Going Into 2024October 31, 2023 | markets.businessinsider.comPublic Service Enterprise Reaffirms FY23 Operating Earnings Outlook - UpdateOctober 31, 2023 | reuters.comPublic Service Enterprise beats Q3 profit estimates boosted by power and gas unitOctober 31, 2023 | markets.businessinsider.comPublic Service Enterprise Group Inc Q3 Profit Increases, beats estimatesOctober 31, 2023 | finance.yahoo.comPSEG Announces Third Quarter 2023 ResultsOctober 26, 2023 | msn.comPSEG (PEG) to Report Q3 Earnings: Here's What to ExpectSee 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 Company Calendar Ex-Dividend for 9/29 Dividend9/07/2023Dividend Payable9/29/2023Last Earnings10/31/2023Ex-Dividend for 12/29 Dividend12/07/2023Today12/11/2023Dividend Payable12/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/20/2024Get 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 Target$64.15 High Stock Price Target$70.00 Low Stock Price Target$60.00 Potential Upside/Downside+2.9%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$5.61 Trailing P/E Ratio11.11 Forward P/E Ratio18.01 P/E Growth3.65Net Income$1.03 billion Net Margins23.83% Pretax Margin28.86% Return on Equity12.20% Return on Assets3.63% Debt Debt-to-Equity Ratio1.12 Current Ratio0.63 Quick Ratio0.45 Sales & Book Value Annual Sales$11.77 billion Price / Sales2.64 Cash Flow$6.16 per share Price / Cash Flow10.12 Book Value$27.52 per share Price / Book2.26Miscellaneous Outstanding Shares498,314,000Free Float495,474,000Market Cap$31.06 billion OptionableOptionable Beta0.58 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Ralph A. LaRossa (Age 60)Chair, President & CEO Comp: $2.16MMr. Daniel J. Cregg (Age 59)Executive VP & CFO Comp: $1.42MMs. Tamara Louise Linde Esq. (Age 58)Executive VP & General Counsel Comp: $1.32MMs. Kim C. Hanemann (Age 59)President & COO of Public Service Electric & Gas Comp: $1.32MMr. Zeeshan SheikhSenior VP and Chief Information & Digital OfficerMs. Carlotta N. ChanVice President of Investor RelationsMs. Courtney McCormickSenior Vice President of Audit, Enterprise Risk & ComplianceMs. Karen CleeveVice President of Corporate CommunicationsMs. Sheila J. Rostiac (Age 52)Senior VP of Human Resources, Chief Human Resources Officer & Chief Diversity Officer Mr. Richard T. Thigpen (Age 62)Senior Vice President of Corporate Citizenship More ExecutivesKey CompetitorsPinnacle West CapitalNYSE:PNWDuke EnergyNYSE:DUKSouthernNYSE:SOConsolidated EdisonNYSE:EDXcel EnergyNASDAQ:XELView All CompetitorsInsiders & InstitutionsRaleigh Capital Management Inc.Bought 197 shares on 12/8/2023Ownership: 0.001%Citigroup Inc.Sold 161,741 shares on 12/6/2023Ownership: 0.129%Tucker Asset Management LLCBought 1,000 shares on 12/4/2023Ownership: 0.000%Ralph A LarossaSold 1,374 sharesTotal: $86,575.74 ($63.01/share)B. Riley Wealth Advisors Inc.Sold 5,475 shares on 12/1/2023Ownership: 0.007%View All Insider TransactionsView 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 research 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 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 12 month price objectives for Public Service Enterprise Group's stock. Their PEG share price targets range from $60.00 to $70.00. On average, they anticipate the company's share price to reach $64.15 in the next twelve months. This suggests a possible upside of 2.5% 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 increased by 2.1% and is now trading at $62.57. 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) issued its quarterly earnings data on Tuesday, October, 31st. The utilities provider reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.10. The utilities provider earned $2.46 billion during 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. Investors 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 3.64%. 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 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). 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 EPS guidance of $3.40-3.50 for the period, compared to the consensus EPS 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 many different institutional and retail investors. Top institutional shareholders 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 12/11/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.