Top-Rated Dividend StocksTop-Rated DividendNYSE:PEG Public Service Enterprise Group (PEG) Stock Price, News & Analysis $76.01 +1.77 (+2.38%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$74.20▼$76.2050-Day Range$72.64▼$76.5352-Week Range$53.71▼$77.46Volume2.60 million shsAverage Volume2.82 million shsMarket Capitalization$37.86 billionP/E Ratio21.06Dividend Yield3.16%Price Target$74.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Public Service Enterprise Group alerts: Email Address Public Service Enterprise Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside2.4% Downside$74.17 Price TargetShort InterestHealthy1.61% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.70Based on 15 Articles This WeekInsider TradingSelling Shares$95,562 Sold Last QuarterProj. Earnings Growth10.05%From $3.68 to $4.05 Per ShareSee Full Details Hide Full Details 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.4.75 out of 5 starsUtilities Sector10th out of 90 stocksElectric & Other Services Combined Industry1st out of 18 stocks 2.4 Analyst's Opinion Consensus RatingPublic Service Enterprise Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.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.Read more about Public Service Enterprise Group's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.61% 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 2.9, 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 13.42%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldPublic Service Enterprise Group pays a meaningful dividend of 3.16%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPublic Service Enterprise Group has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Public Service Enterprise Group is 66.48%. 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 59.26% next year. This indicates that Public Service Enterprise Group will be able to sustain or increase its dividend.Read more about Public Service Enterprise Group's 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 3.7 News and Social Media Coverage News SentimentPublic Service Enterprise Group has a news sentiment score of 0.70. 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 0.39 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Public Service Enterprise Group this week, compared to 7 articles on an average week.Search Interest21 people have searched for PEG on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat Follows10 people have added Public Service Enterprise Group to their MarketBeat watchlist in the last 30 days. This is an increase of 43% 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 $95,562.00 in company stock.Percentage Held by InsidersOnly 0.57% of the stock of Public Service Enterprise Group is held by insiders.Percentage Held by Institutions73.34% 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.Read more about Public Service Enterprise Group's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Public Service Enterprise Group are expected to grow by 10.05% in the coming year, from $3.68 to $4.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Service Enterprise Group is 21.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Service Enterprise Group is 21.06, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.84.Price to Earnings Growth RatioPublic Service Enterprise Group has a PEG Ratio of 3.00. 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 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Public Service Enterprise Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupPrepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE 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.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 HeadlinesJuly 25 at 2:47 PM | investorplace.com7 Recession-Resistant Stocks to Put Your Mind at EaseJuly 25 at 11:33 AM | prnewswire.comPSEG Long Island Is Prepared for Summer 2024July 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 2:09 AM | marketwatch.comPublic Service Enterprise Group Inc. stock underperforms Wednesday when compared to competitors despite daily gainsJuly 25 at 1:11 AM | americanbankingnews.comPublic Service Enterprise Group Incorporated Forecasted to Earn Q2 2024 Earnings of $0.69 Per Share (NYSE:PEG)July 23 at 3:49 AM | americanbankingnews.comPublic Service Enterprise Group (PEG) to Release Quarterly Earnings on TuesdayJuly 21, 2024 | seekingalpha.comPublic Service Enterprise Group: Revisiting The Growth ThesisJuly 18, 2024 | investorplace.comThe Next Big Winners: 3 Under-The-Radar Stocks With Strong PotentialJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 17, 2024 | americanbankingnews.comPublic Service Enterprise Group Incorporated (NYSE:PEG) Plans $0.60 Quarterly DividendJuly 16, 2024 | americanbankingnews.comRoyal Bank of Canada Raises Public Service Enterprise Group (NYSE:PEG) Price Target to $84.00July 15, 2024 | prnewswire.comPSEG Declares Regular Quarterly Dividend for the Third Quarter of 2024July 9, 2024 | prnewswire.comPSE&G's Energy Efficiency Programs Are Now Projected to Save $484M and Avoid Approximately 1.6M Metric Tons of Carbon Emissions AnnuallyJuly 2, 2024 | prnewswire.comPSEG To Announce Second Quarter 2024 Financial Results On July 30June 4, 2024 | gurufocus.comInsider Sale: Ralph Larossa Sells Shares of Public Service Enterprise Group Inc (PEG)May 11, 2024 | markets.businessinsider.comPublic Service Enterprise (PEG) Receives a Rating Update from a Top AnalystMay 3, 2024 | prnewswire.comHurricane Preparedness Week: PSEG Long Island Announces Climate Change Resilience PlanMay 2, 2024 | businesswire.comEssential Utilities Announces Election of Christopher Bruner and Tamara Linde to Board of DirectorsSee 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 Last Earnings4/30/2024Ex-Dividend for 6/28 Dividend6/07/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)7/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric & other services combined Sub-IndustryMulti-Utilities Current SymbolNYSE:PEG CUSIP74457310 CIK788784 Webwww.pseg.com Phone(973) 430-7000Fax973-643-3367Employees12,543Year Founded1903Price Target and Rating Average Stock Price Target$74.17 High Stock Price Target$84.00 Low Stock Price Target$60.00 Potential Upside/Downside-2.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$3.61 Trailing P/E Ratio21.06 Forward P/E Ratio20.65 P/E Growth3Net Income$2.56 billion Net Margins17.65% Pretax Margin20.75% Return on Equity11.10% Return on Assets3.37% Debt Debt-to-Equity Ratio1.19 Current Ratio0.79 Quick Ratio0.62 Sales & Book Value Annual Sales$11.24 billion Price / Sales3.37 Cash Flow$6.33 per share Price / Cash Flow12.01 Book Value$31.06 per share Price / Book2.45Miscellaneous Outstanding Shares498,080,000Free Float495,241,000Market Cap$37.86 billion OptionableOptionable Beta0.59 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Ralph A. LaRossa (Age 61)Chair, President & CEO Comp: $3.17MMr. Daniel J. Cregg (Age 60)Executive VP & CFO Comp: $1.49MMs. Tamara Louise Linde Esq. (Age 59)Executive VP & General Counsel Comp: $1.36MMs. Kim C. Hanemann (Age 60)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 53)Senior VP of Human Resources, Chief Human Resources & Chief Diversity Officer - Services Mr. Richard T. Thigpen (Age 63)Senior Vice President of Corporate Citizenship More ExecutivesKey CompetitorsPG&ENYSE:PCGSempraNYSE:SREDominion EnergyNYSE:DConsolidated EdisonNYSE:EDWEC Energy GroupNYSE:WECView All CompetitorsInsiders & InstitutionsCambridge Investment Research Advisors Inc.Bought 1,128 shares on 7/26/2024Ownership: 0.011%Atlantic Edge Private Wealth Management LLCBought 819 shares on 7/26/2024Ownership: 0.003%Bailard Inc.Sold 207 shares on 7/26/2024Ownership: 0.003%Checchi Capital Advisers LLCSold 196 shares on 7/26/2024Ownership: 0.001%Pegasus Asset Management Inc.Bought 2,949 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Public Service Enterprise Group Stock? PEG Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Public Service Enterprise Group Incorporated: Public Service Enterprise Group has a consistent track record of paying dividends, providing investors with a reliable income stream. The current dividend yield of 3.22% is attractive for income-oriented investors. Recent analyst ratings have been positive, with a majority of analysts giving the stock a buy rating. This indicates confidence in the company's future performance. The stock price of Public Service Enterprise Group has been showing an upward trend, trading near its 52-week high. This positive momentum can be appealing to growth-oriented investors. Public Service Enterprise Group operates in the electric and gas utility sector, which is considered a defensive sector. This can provide stability to a portfolio during market downturns. The company's return on equity of 11.10% indicates efficient use of shareholder equity to generate profits, a key metric for investors assessing a company's financial health. Cons Investors should be bearish about investing in Public Service Enterprise Group Incorporated for these reasons: Public Service Enterprise Group's revenue in the recent quarter was below analyst estimates, indicating potential challenges in revenue growth for the company. The stock's price-to-earnings ratio of 20.73 is higher than the industry average, suggesting that the stock may be currently overvalued. Despite positive analyst ratings, there is a sell rating on the stock, highlighting some concerns among analysts about the company's future prospects. The company's revenue declined by 26.5% compared to the same quarter last year, signaling a decrease in business performance that investors should consider. Public Service Enterprise Group's debt-to-equity ratio of 1.19 is relatively high, indicating higher financial leverage which can pose risks during economic downturns. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 23, 2024. Please send any questions or comments about these Public Service Enterprise Group pros and cons to contact@marketbeat.com. PEG Stock Analysis - Frequently Asked Questions How have PEG shares performed this year? Public Service Enterprise Group's stock was trading at $61.15 at the beginning of the year. Since then, PEG shares have increased by 24.3% and is now trading at $76.01. View the best growth stocks for 2024 here. How were Public Service Enterprise Group's earnings last quarter? Public Service Enterprise Group Incorporated (NYSE:PEG) released its earnings results on Tuesday, April, 30th. The utilities provider reported $1.31 EPS for the quarter, missing analysts' consensus estimates of $1.32 by $0.01. The firm's revenue for the quarter was down 26.5% on a year-over-year basis. Read the conference call transcript. 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. Who are Public Service Enterprise Group's major shareholders? Public Service Enterprise Group's top institutional shareholders include Bank of New York Mellon Corp (0.72%), Raymond James & Associates (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.23%) and Raymond James Financial Services Advisors Inc. (0.16%). Insiders that own company stock include Ralph Izzo, Ralph A Larossa, Rose M Chernick, Richard T Thigpen and Eric Carr. 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. What other stocks do shareholders of Public Service Enterprise Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Public Service Enterprise Group investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Pfizer (PFE), Exxon Mobil (XOM), Intel (INTC) and Cisco Systems (CSCO). This page (NYSE:PEG) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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