Public Service Enterprise Group Stock Forecast, Price & News

$62.23
-0.84 (-1.33 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$62.00
$63.55
50-Day Range
$59.19
$63.46
52-Week Range
$50.32
$64.30
Volume3.33 million shs
Average Volume1.61 million shs
Market Capitalization$31.46 billion
P/E Ratio14.96
Dividend Yield3.28%
Beta0.54
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About Public Service Enterprise Group

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, 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, 2020, it had electric transmission and distribution system of 25,000 circuit miles and 860,000 poles; 54 switching stations with an installed capacity of 38,353 megavolt-amperes (MVA), and 245 substations with an installed capacity of 8,647 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 58 natural gas metering and regulating stations. The Power segment operates nuclear, gas, oil-fired, and renewable generation assets. It has total generating output was approximately 52,900 gigawatts hours; and owns and operates 467 MW direct current of photovoltaic solar generation facilities. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.

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MarketRank

Overall MarketRank

2.31 out of 5 stars

Utilities Sector

53rd out of 289 stocks

Electric & Other Services Combined Industry

14th out of 27 stocks

Analyst Opinion: 1.5Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
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Public Service Enterprise Group (NYSE:PEG) Frequently Asked Questions

Is Public Service Enterprise Group a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Public Service Enterprise Group stock.
View analyst ratings for Public Service Enterprise Group
or view top-rated stocks.

What stocks does MarketBeat like better than Public Service Enterprise Group?

Wall Street analysts have given Public Service Enterprise Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Public Service Enterprise Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Public Service Enterprise Group?

Public Service Enterprise Group saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,450,000 shares, an increase of 16.2% from the May 31st total of 4,690,000 shares. Based on an average daily trading volume, of 2,040,000 shares, the short-interest ratio is currently 2.7 days. Currently, 1.1% of the shares of the company are sold short.
View Public Service Enterprise Group's Short Interest
.

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

Public Service Enterprise Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Public Service Enterprise Group
.

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, August 3rd 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) posted its quarterly earnings results on Wednesday, May, 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.16. The utilities provider had revenue of $2.89 billion for the quarter, compared to analyst estimates of $3.25 billion. Public Service Enterprise Group had a net margin of 21.68% and a trailing twelve-month return on equity of 11.77%. The firm's revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 earnings per share.
View Public Service Enterprise Group's earnings history
.

How has Public Service Enterprise Group's stock price been impacted by Coronavirus?

Public Service Enterprise Group's stock was trading at $48.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PEG stock has increased by 27.7% and is now trading at $62.23.
View which stocks have been most impacted by COVID-19
.

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, July 20th. Stockholders of record on Wednesday, September 8th will be given a dividend of $0.51 per share on Thursday, September 30th. This represents a $2.04 annualized dividend and a dividend yield of 3.28%. The ex-dividend date is Tuesday, September 7th.
View Public Service Enterprise Group's dividend history
.

Is Public Service Enterprise Group a good dividend stock?

Public Service Enterprise Group pays an annual dividend of $2.04 per share and currently has a dividend yield of 3.28%. Public Service Enterprise Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Public Service Enterprise Group is 59.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Public Service Enterprise Group will have a dividend payout ratio of 59.65% next year. This indicates that Public Service Enterprise Group will be able to sustain or increase its dividend.
View Public Service Enterprise Group's dividend history.

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

Public Service Enterprise Group updated its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share (EPS) guidance of 3.350-3.550 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.440. The company issued revenue guidance of -.

What price target have analysts set for PEG?

10 Wall Street analysts have issued twelve-month price objectives for Public Service Enterprise Group's stock. Their forecasts range from $57.00 to $71.00. On average, they expect Public Service Enterprise Group's share price to reach $66.39 in the next year. This suggests a possible upside of 6.7% from the stock's current price.
View analysts' price targets for Public Service Enterprise Group
or view top-rated stocks among Wall Street analysts.

Who are Public Service Enterprise Group's key executives?

Public Service Enterprise Group's management team includes the following people:
  • Dr. Ralph Izzo Ph.D., Chairman, Pres & CEO (Age 63, Pay $3.87M)
  • Mr. Daniel J. Cregg, Exec. VP & CFO (Age 57, Pay $1.31M)
  • Mr. Ralph A. LaRossa, Chief Operating Officer (Age 58, Pay $1.65M)
  • Ms. Tamara Louise Linde, Exec. VP & Gen. Counsel (Age 56, Pay $1.23M)
  • Mr. David M. Daly, Pres of Public Service Electric & Gas Company (Age 59, Pay $1.05M)
  • Mr. Zeeshan Sheikh, Sr. VP and Chief Information & Digital Officer
  • Ms. Carlotta N. Chan, VP of Investor Relations
  • Ms. Karen Cleeve, VP of Corp. Communications
  • Ms. Sheila J. Rostiac, Sr. VP of HR, Chief HR Officer & Chief Diversity Officer
  • Mr. Scott M. Jennings, Sr. VP of Corp. Planning, Strategy & Utility Fin.

What is Ralph Izzo's approval rating as Public Service Enterprise Group's CEO?

203 employees have rated Public Service Enterprise Group CEO Ralph Izzo on Glassdoor.com. Ralph Izzo has an approval rating of 88% among Public Service Enterprise Group's employees.

Who are some of Public Service Enterprise Group's key competitors?

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), The 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 many different retail and institutional investors. Top institutional investors include OLD Republic International Corp (0.24%), Alliancebernstein L.P. (0.13%), PGGM Investments (0.12%), Ledyard National Bank (0.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.04%) and Calamos Advisors LLC (0.03%). Company insiders that own Public Service Enterprise Group stock include Daniel J Cregg, Derek M Dirisio, Edward S Lampert, Ralph A Larossa, Ralph Izzo, Rose M Chernick and Tamara Louise Linde.
View institutional ownership trends for Public Service Enterprise Group
.

Which major investors are selling Public Service Enterprise Group stock?

PEG stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Chartwell Investment Partners LLC, TIAA FSB, Old Port Advisors, IFP Advisors Inc, Davy Global Fund Management Ltd, 44 Wealth Management LLC, and Raymond James Trust N.A.. Company insiders that have sold Public Service Enterprise Group company stock in the last year include Edward S Lampert, Ralph A Larossa, Rose M Chernick, and Tamara Louise Linde.
View insider buying and selling activity for Public Service Enterprise Group
or view top insider-selling stocks.

Which major investors are buying Public Service Enterprise Group stock?

PEG stock was purchased by a variety of institutional investors in the last quarter, including OLD Republic International Corp, Zurcher Kantonalbank Zurich Cantonalbank , Calamos Advisors LLC, Marino Stram & Associates LLC, Strategic Investment Advisors MI, DAVENPORT & Co LLC, IFM Investors Pty Ltd, and Veriti Management LLC.
View insider buying and selling activity for Public Service Enterprise Group
or or view top insider-buying stocks.

How do I buy shares of Public Service Enterprise Group?

Shares of PEG 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 $62.23.

How much money does Public Service Enterprise Group make?

Public Service Enterprise Group has a market capitalization of $31.46 billion and generates $9.60 billion in revenue each year. The utilities provider earns $1.91 billion in net income (profit) each year or $3.43 on an earnings per share basis.

How many employees does Public Service Enterprise Group have?

Public Service Enterprise Group employs 12,788 workers across the globe.

When was Public Service Enterprise Group founded?

Public Service Enterprise Group was founded in 1903.

What is Public Service Enterprise Group's official website?

The official website for Public Service Enterprise Group is www.pseg.com.

Where are Public Service Enterprise Group's headquarters?

Public Service Enterprise Group is headquartered at 80 PARK PLAZA, NEWARK NJ, 07102.

How can I contact Public Service Enterprise Group?

Public Service Enterprise Group's mailing address is 80 PARK PLAZA, NEWARK NJ, 07102. The utilities provider can be reached via phone at 973-430-7000 or via email at [email protected]


This page was last updated on 8/1/2021 by MarketBeat.com Staff
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