NYSE:PEG Public Service Enterprise Group (PEG) Stock Price, News & Analysis → The Next Nvidia? (From InvestorPlace) (Ad) Free PEG Stock Alerts $70.45 +0.43 (+0.61%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$69.71▼$70.5450-Day Range$59.64▼$70.4552-Week Range$53.71▼$70.54Volume2.39 million shsAverage Volume2.75 million shsMarket Capitalization$35.09 billionP/E Ratio19.52Dividend Yield3.41%Price Target$67.15 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Public Service Enterprise Group alerts: Email Address Public Service Enterprise Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.62 Rating ScoreUpside/Downside4.7% Downside$67.15 Price TargetShort InterestHealthy1.36% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.30Based on 25 Articles This WeekInsider TradingSelling Shares$607,376 Sold Last QuarterProj. Earnings Growth10.38%From $3.66 to $4.04 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 Sector9th out of 90 stocksElectric & Other Services Combined Industry2nd out of 18 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 2.62, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoveragePublic Service Enterprise Group has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.36% 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 2.3, 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 decreased by 4.12%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldPublic Service Enterprise Group pays a meaningful dividend of 3.41%, 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 59.41% 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 2.9 News and Social Media Coverage News SentimentPublic Service Enterprise Group has a news sentiment score of 0.30. 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 lower news sentiment than the 0.44 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 25 news articles for Public Service Enterprise Group this week, compared to 7 articles on an average week.Search Interest10 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 Follows13 people have added Public Service Enterprise Group to their MarketBeat watchlist in the last 30 days. This is an increase of 18% 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 $607,376.00 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Public Service Enterprise Group are expected to grow by 10.38% in the coming year, from $3.66 to $4.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Service Enterprise Group is 19.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Service Enterprise Group is 19.52, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 78.76.Price to Earnings Growth RatioPublic Service Enterprise Group has a PEG Ratio of 3.08. 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 2.23. 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 Ad InvestorPlaceThe Next Nvidia?The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.Go here now for this breaking story. 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 HeadlinesMay 4, 2024 | insidertrades.comRalph A. Larossa Sells 1,374 Shares of Public Service Enterprise Group Incorporated (NYSE:PEG) StockApril 24, 2024 | insidertrades.comRose M. Chernick Sells 200 Shares of Public Service Enterprise Group Incorporated (NYSE:PEG) StockMay 5, 2024 | InvestorPlace (Ad)The Next Nvidia?The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.May 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 DirectorsMay 1, 2024 | markets.businessinsider.comPublic Service Enterprise (PEG) Gets a Hold from KeyBancMay 1, 2024 | finance.yahoo.comPublic Service Enterprise Group Inc (PEG) (Q1 2024) Earnings Call Transcript Highlights: Key ...May 1, 2024 | finance.yahoo.comQ1 2024 Public Service Enterprise Group Inc Earnings CallMay 5, 2024 | InvestorPlace (Ad)The Next Nvidia?The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.April 30, 2024 | markets.businessinsider.comPublic Service Enterprise Reaffirms FY24 Operating Earnings Outlook - UpdateApril 30, 2024 | markets.businessinsider.comHere's what to expect from Public Service Enterprise Group's earnings reportApril 30, 2024 | msn.comPEG Stock Earnings: Public Service Enterprise Meets EPS, Misses Revenue for Q1 2024April 30, 2024 | finance.yahoo.comPublic Service Enterprise Group (PEG) Q1 Earnings: Aligns with EPS Projections, Reveals ...April 30, 2024 | prnewswire.comPSEG ANNOUNCES FIRST QUARTER 2024 RESULTSApril 27, 2024 | americanbankingnews.comFY2025 EPS Estimates for Public Service Enterprise Group Incorporated Raised by Seaport Res Ptn (NYSE:PEG)April 26, 2024 | americanbankingnews.comPublic Service Enterprise Group Incorporated (NYSE:PEG) Given Average Rating of "Moderate Buy" by BrokeragesApril 24, 2024 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Public Service Enterprise (PEG), EDP Energias de Portugal (GB:0OF7) and National Grid (GB:NG)April 16, 2024 | msn.comPublic Service declares $0.60 dividendApril 16, 2024 | prnewswire.comPSEG Declares Regular Quarterly Dividend for the Second Quarter of 2024April 11, 2024 | nasdaq.comPEG Crosses Above Average Analyst TargetApril 9, 2024 | prnewswire.comPSEG To Announce First Quarter 2024 Financial Results On April 30April 5, 2024 | markets.businessinsider.comPublic Service Enterprise (PEG) Receives a Buy from Evercore ISIApril 4, 2024 | msn.comNew center bringing solar energy, jobs to AR countyApril 2, 2024 | nasdaq.comHow to Invest in Uranium ETFs (Updated 2024)April 1, 2024 | msn.comAI’s Growth Fuels Nuclear Power’s RevivalMarch 29, 2024 | investorplace.comLegal Money Printer? 7 No-Brainer Stocks for Endless Income Streams.March 18, 2024 | ca.finance.yahoo.comPEG Apr 2024 70.000 callSee 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 3/29 Dividend3/07/2024Dividend Payable3/29/2024Last Earnings4/30/2024Today5/05/2024Ex-Dividend for 6/28 Dividend6/07/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/06/2024Fiscal 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$67.15 High Stock Price Target$73.00 Low Stock Price Target$60.00 Potential Upside/Downside-4.7%Consensus RatingModerate Buy Rating Score (0-4)2.62 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.61 Trailing P/E Ratio19.52 Forward P/E Ratio19.25 P/E Growth3.08Net 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 Ratio0.46 Sales & Book Value Annual Sales$11.24 billion Price / Sales3.12 Cash Flow$6.32 per share Price / Cash Flow11.14 Book Value$31.56 per share Price / Book2.23Miscellaneous Outstanding Shares498,080,000Free Float495,241,000Market Cap$35.09 billion OptionableOptionable Beta0.56 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsConsolidated EdisonNYSE:EDPG&ENYSE:PCGWEC Energy GroupNYSE:WECAmerenNYSE:AEECMS EnergyNYSE:CMSView All CompetitorsInsiders & InstitutionsValley Wealth Managers Inc.Sold 4,006 shares on 5/4/2024Ownership: 0.012%SPC Financial Inc.Bought 300 shares on 5/4/2024Ownership: 0.002%Csenge Advisory GroupBought 357 shares on 5/4/2024Ownership: 0.002%Richardson Financial Services Inc.Bought 255 shares on 5/4/2024Ownership: 0.001%United Community BankBought 185 shares on 5/3/2024Ownership: 0.000%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 Incorporated has a strong track record of dividend payments, making it an attractive option for income-seeking investors. Dividends are regular payments made by a company to its shareholders, typically out of its profits. Public Service Enterprise Group Incorporated reported better-than-expected earnings per share (EPS) in the latest quarter, indicating the company's profitability and potential for growth. EPS is a key financial metric that shows a company's profitability. With a market capitalization of $31.80 billion, Public Service Enterprise Group Incorporated is a sizable company, offering stability and potential for long-term growth. Public Service Enterprise Group Incorporated has a diversified business model operating in both electric and gas utility sectors, reducing the risk associated with being solely dependent on one industry. Public Service Enterprise Group Incorporated's stock price has shown resilience, with a 1-year high of $65.59, indicating investor confidence in the company's performance and future prospects. Cons Investors should be bearish about investing in Public Service Enterprise Group Incorporated for these reasons: Public Service Enterprise Group Incorporated's revenue was down 17.0% compared to the same quarter last year, indicating a decline in the company's top-line performance. Revenue is a crucial indicator of a company's financial health and growth potential. Public Service Enterprise Group Incorporated's debt-to-equity ratio of 1.15 suggests that the company relies heavily on debt financing, which can pose risks during economic downturns or rising interest rates. The company's quick ratio of 0.46 and current ratio of 0.67 indicate a relatively low liquidity position, which may raise concerns about its ability to meet short-term obligations. Liquidity ratios measure a company's ability to pay off its short-term debts. Public Service Enterprise Group Incorporated's PEG ratio of 3.52 may indicate that the stock is overvalued relative to its expected earnings growth. The PEG ratio is a valuation metric that factors in a company's growth rate. Public Service Enterprise Group Incorporated's beta of 0.57 suggests that the stock is less volatile than the market, which may limit potential returns for investors seeking higher-risk investments. 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 Saturday, April 13, 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 Should I buy or sell Public Service Enterprise Group stock right now? 13 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 8 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? 13 analysts have issued 1 year target prices for Public Service Enterprise Group's shares. Their PEG share price targets range from $60.00 to $73.00. On average, they anticipate the company's stock price to reach $67.15 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. View analysts price targets for PEG or view top-rated stocks among Wall Street analysts. How have PEG shares performed in 2024? Public Service Enterprise Group's stock was trading at $61.15 at the beginning of the year. Since then, PEG stock has increased by 15.2% and is now trading at $70.45. View the best growth stocks for 2024 here. When is Public Service Enterprise Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our PEG earnings forecast. 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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by $0.01. The utilities provider had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.99 billion. Public Service Enterprise Group had a net margin of 17.65% and a trailing twelve-month return on equity of 11.10%. The company's revenue for the quarter was down 26.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.39 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 declared a quarterly dividend on Tuesday, April 16th. Investors of record on Friday, June 7th will be given a dividend of $0.60 per share on Friday, June 28th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date is Friday, June 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 $2.40 per share and currently has a dividend yield of 3.41%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 66.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PEG will have a dividend payout ratio of 59.41% 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), Virtus Reaves Utilities ETF (UTES), Utilities Select Sector SPDR Fund (XLU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), First Trust Utilities AlphaDEX Fund (FXU), First Trust EIP Carbon Impact ETF (ECLN) and Fidelity MSCI Utilities Index ETF (FUTY). What guidance has Public Service Enterprise Group issued on next quarter's earnings? Public Service Enterprise Group issued an update on its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 3.600-3.700 for the period, compared to the consensus estimate of 3.670. 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). 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 investors include Bank of New York Mellon Corp (0.79%), Nordea Investment Management AB (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), BNP Paribas Financial Markets (0.14%), Jennison Associates LLC (0.12%) and Principal Financial Group Inc. (0.12%). Insiders that own company stock include Eric Carr, Ralph A Larossa, Ralph A Larossa, Ralph Izzo, Richard T Thigpen, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PEG) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyConflict In Israel Sends Gold Soaring ???? 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