NYSE:PEG - Public Service Enterprise Group Stock Price, News, & Analysis

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$60.69 +0.32 (+0.53 %)
(As of 05/22/2019 07:37 AM ET)
Previous Close$60.37
Today's Range$60.36 - $61.1150
52-Week Range$49.22 - $61.12
Volume1.64 million shs
Average Volume2.94 million shs
Market Capitalization$30.67 billion
P/E Ratio19.45
Dividend Yield3.11%
Beta0.4
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 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 to customers. As of December 31, 2018, it had electric transmission and distribution system of 24,000 circuit miles and 855,000 poles; and 18,000 miles of gas mains, 12 gas distribution headquarters, 2 sub-headquarters, and 1 meter shop. This segment also owns and operates 52 switching stations with an aggregate installed capacity of 37,378 megavolt-amperes (MVA), as well as 244 substations with an aggregate installed capacity of 8,228 MVA; and 4 electric distribution headquarters and 5 sub-headquarters, as well as 58 natural gas metering and regulating stations. The Power segment operates nuclear, coal, gas, oil-fired, solar, and renewable generation facilities. As of December 31, 2018, it had an installed fossil and nuclear generating capacity of approximately 11,458 megawatts. Public Service Enterprise Group Incorporated was founded in 1985 and is headquartered in Newark, New Jersey.

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Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP74457310
Phone973-430-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.70 billion
Cash Flow$6.0089 per share
Book Value$29.31 per share

Profitability

Net Income$1.44 billion

Miscellaneous

Employees13,145
Market Cap$30.67 billion
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

Public Service Enterprise Group (NYSE:PEG) Frequently Asked Questions

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."

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 $0.47 per share on Friday, June 28th. This represents a $1.88 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date is Thursday, June 6th. View Public Service Enterprise Group's Dividend History.

How were Public Service Enterprise Group's earnings last quarter?

Public Service Enterprise Group Inc. (NYSE:PEG) released its earnings results on Thursday, May, 2nd. The utilities provider reported $1.08 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.08. The utilities provider had revenue of $2.98 billion for the quarter, compared to analyst estimates of $2.78 billion. Public Service Enterprise Group had a return on equity of 11.35% and a net margin of 16.03%. During the same quarter in the prior year, the firm posted $0.97 EPS. View Public Service Enterprise Group's Earnings History.

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

Public Service Enterprise Group is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Public Service Enterprise Group.

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

Public Service Enterprise Group updated its FY19 earnings guidance on Thursday, May, 2nd. The company provided earnings per share guidance of $3.15-3.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.25.

What price target have analysts set for PEG?

11 equities research analysts have issued 12 month target prices for Public Service Enterprise Group's stock. Their forecasts range from $53.00 to $66.00. On average, they expect Public Service Enterprise Group's stock price to reach $60.0060 in the next year. This suggests that the stock has a possible downside of 1.1%. View Analyst Price Targets for Public Service Enterprise Group.

What is the consensus analysts' recommendation for Public Service Enterprise Group?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Public Service Enterprise Group.

Has Public Service Enterprise Group been receiving favorable news coverage?

Press coverage about PEG stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Public Service Enterprise Group earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

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 General Electric (GE), AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), Procter & Gamble (PG), Pfizer (PFE), Walt Disney (DIS), Exxon Mobil (xom), Intel (INTC) and General Motors (GM).

Who are Public Service Enterprise Group's key executives?

Public Service Enterprise Group's management team includes the folowing people:
  • Dr. Ralph Izzo Ph.D., Chairman, Pres & CEO (Age 61)
  • Mr. Daniel J. Cregg, Exec. VP & CFO (Age 55)
  • Ms. Tamara Louise Linde, Exec. VP & Gen. Counsel (Age 54)
  • Mr. Ralph A. LaRossa, Pres & COO of PSEG Company (Age 56)
  • Mr. David M. Daly, Chairman of PSEG Long Island, Pres and COO of PSE&G (Age 57)

Who are Public Service Enterprise Group's major shareholders?

Public Service Enterprise Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.43%), Geode Capital Management LLC (1.38%), Nordea Investment Management AB (1.29%), Northern Trust Corp (1.22%), AQR Capital Management LLC (1.08%) and FMR LLC (1.03%). Company insiders that own Public Service Enterprise Group stock include Daniel J Cregg, Derek M Dirisio, Ralph A Larossa, Ralph Izzo, Rose M Chernick, Stuart J Black and Tamara Louise Linde. View Institutional Ownership Trends for Public Service Enterprise Group.

Which institutional investors are selling Public Service Enterprise Group stock?

PEG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., LSV Asset Management, Renaissance Technologies LLC, Wells Fargo & Company MN, Pendal Group Ltd, Goldman Sachs Group Inc., Morgan Stanley and Caisse DE Depot ET Placement DU Quebec. Company insiders that have sold Public Service Enterprise Group company stock in the last year include Daniel J Cregg, Derek M Dirisio, Ralph A Larossa, Ralph Izzo, Stuart J Black and Tamara Louise Linde. View Insider Buying and Selling for Public Service Enterprise Group.

Which institutional investors are buying Public Service Enterprise Group stock?

PEG stock was purchased by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Nordea Investment Management AB, Zimmer Partners LP, AQR Capital Management LLC, Natixis, Jennison Associates LLC, California Public Employees Retirement System and Geode Capital Management LLC. View Insider Buying and Selling for Public Service Enterprise Group.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Public Service Enterprise Group's stock price today?

One share of PEG stock can currently be purchased for approximately $60.69.

How big of a company is Public Service Enterprise Group?

Public Service Enterprise Group has a market capitalization of $30.67 billion and generates $9.70 billion in revenue each year. The utilities provider earns $1.44 billion in net income (profit) each year or $3.12 on an earnings per share basis. Public Service Enterprise Group employs 13,145 workers across the globe.

What is Public Service Enterprise Group's official website?

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

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.


MarketBeat Community Rating for Public Service Enterprise Group (NYSE PEG)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  379 (Vote Outperform)
Underperform Votes:  604 (Vote Underperform)
Total Votes:  983
MarketBeat's community ratings are surveys of what our community members think about Public Service Enterprise Group and other stocks. Vote "Outperform" if you believe PEG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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