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; and 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, 2017, it had electric transmission and distribution system of 24,000 circuit miles and 853,000 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 50 switching stations with an aggregate installed capacity of 36,023 megavolt-amperes (MVA), as well as 244 substations with an aggregate installed capacity of 8,250 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, 2017, it had an installed fossil and nuclear generating capacity of approximately 10,562 megawatts. Public Service Enterprise Group Incorporated was founded in 1985 and is headquartered in Newark, New Jersey.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
Current SymbolNYSE:PEG
Previous Symbol
CUSIP74457310
Phone973-430-7000
Debt
Debt-to-Equity Ratio0.90
Current Ratio0.72
Quick Ratio0.51
Price-To-Earnings
Trailing P/E Ratio18.53
Forward P/E Ratio17.52
P/E Growth2.59
Sales & Book Value
Annual Sales$9.08 billion
Price / Sales3.02
Cash Flow$7.5208 per share
Price / Cash7.22
Book Value$28.41 per share
Price / Book1.91
Profitability
EPS (Most Recent Fiscal Year)$2.93
Net Income$1.57 billion
Net Margins23.54%
Return on Equity11.24%
Return on Assets3.64%
Miscellaneous
Employees12,945
Outstanding Shares505,450,000
Market Cap$27.25 billion
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, July 17th. Shareholders of record on Friday, September 7th will be paid a dividend of $0.45 per share on Friday, September 28th. This represents a $1.80 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date is Thursday, September 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) issued its quarterly earnings data on Tuesday, October, 30th. The utilities provider reported $0.95 EPS for the quarter, beating analysts' consensus estimates of $0.91 by $0.04. The utilities provider earned $2.39 billion during the quarter, compared to analysts' expectations of $2.62 billion. Public Service Enterprise Group had a return on equity of 11.24% and a net margin of 23.54%. During the same quarter last year, the business earned $0.82 earnings per share. View Public Service Enterprise Group's Earnings History.
When is Public Service Enterprise Group's next earnings date?
What guidance has Public Service Enterprise Group issued on next quarter's earnings?
Public Service Enterprise Group updated its FY18 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $3.05-3.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.11.
What price target have analysts set for PEG?
14 Wall Street analysts have issued 12 month price targets for Public Service Enterprise Group's stock. Their forecasts range from $50.00 to $63.00. On average, they expect Public Service Enterprise Group's share price to reach $56.8333 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Public Service Enterprise Group.
What is the consensus analysts' recommendation for Public Service Enterprise Group?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Public Service Enterprise Group.
What are Wall Street analysts saying about Public Service Enterprise Group stock?
Here are some recent quotes from research analysts about Public Service Enterprise Group stock:
- 1. med analysts commented, "PEGI’s portfolio showed steady performance as 3Q:18 results modestly outperformed Street expectations. The company continues to have a solid portfolio of assets in its ROFO list which we believe can support growth over the next couple of years. With a dividend yield of ~9%, we continue to believe PEGI is significantly undervalued. We believe its underwriting practices are in line with industry best practices and its wind resource modelling capabilities are among the industry leaders. While some investors might look for PEGI to grow dividends, we believe management is prudent to deploy cash elsewhere until shares trade in line with assets that carry a similar risk profile showing ~5% returns." (11/5/2018)
- 2. According to Zacks Investment Research, "Public Service Enterprise's share price has outperformed the broader industry over a year, buoyed by its consistent capital-investment plans on account of its stable liquidity position. Currently, the company expects to spend in the range of $13-$15 billion on its energy infrastructure during 2018-2020. Apart from focusing on transmission and distribution infrastructure, the company is also expanding its renewable assets. The company has a solid portfolio of regulated and non-regulated utility assets that offer stable earnings and significant long-term growth potential. However any inability to comply with various regulations and obtain fair and timely rate relief could have an adverse impact on its future earnings and growth. Environmental issues like restrictions on carbon dioxide emissions and other pollutants produced by its fossil units, might increase compliance-related costs. There are also concerns over the huge capital investments." (3/20/2018)
Has Public Service Enterprise Group been receiving favorable news coverage?
Headlines about PEG stock have been trending very positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news 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 daily sentiment score of 4.0 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.
Who are some of Public Service Enterprise Group's key competitors?
Some companies that are related to Public Service Enterprise Group include Duke Energy (DUK), Exelon (EXC), Consolidated Edison (ED), WEC Energy Group (WEC), E.ON SE Sponsored ADR (Germany) (EONGY), Ameren (AEE), CMS Energy (CMS), PG&E (PCG), Alliant Energy (LNT), NiSource (NI), United Utilities Group (UUGRY), SCANA (SCG), ALLETE (ALE), Avista (AVA) and NorthWestern (NWE).
Who are Public Service Enterprise Group's key executives?
Public Service Enterprise Group's management team includes the folowing people:
- Mr. Ralph Izzo, Chairman, Pres & CEO (Age 60)
- Mr. Daniel J. Cregg, Exec. VP & CFO (Age 54)
- Ms. Tamara Louise Linde, Exec. VP & Gen. Counsel (Age 53)
- Mr. Derek M. DiRisio, Pres of PSEG Services Corp. (Age 54)
- Mr. Ralph A. LaRossa, Pres & COO of PSEG Power (Age 55)
Who are Public Service Enterprise Group's major shareholders?
Public Service Enterprise Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.52%), Capital World Investors (5.32%), JPMorgan Chase & Co. (1.91%), Capital International Investors (1.85%), Nordea Investment Management AB (1.17%) and FMR LLC (1.07%). Company insiders that own Public Service Enterprise Group stock include Derek M Dirisio, Ralph A Larossa, Ralph Izzo, Tamara Louise Linde and William Levis. 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 LSV Asset Management, Capital World Investors, JPMorgan Chase & Co., AQR Capital Management LLC, Bank of New York Mellon Corp, Skandinaviska Enskilda Banken AB publ, Mitsubishi UFJ Trust & Banking Corp and Man Group plc. Company insiders that have sold Public Service Enterprise Group company stock in the last year include Derek M Dirisio, Ralph Izzo 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 acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Robeco Institutional Asset Management B.V., Unigestion Holding SA, Zimmer Partners LP, Allianz Asset Management GmbH, Massachusetts Financial Services Co. MA, Luminus Management LLC and FMR 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 $54.30.
How big of a company is Public Service Enterprise Group?
Public Service Enterprise Group has a market capitalization of $27.25 billion and generates $9.08 billion in revenue each year. The utilities provider earns $1.57 billion in net income (profit) each year or $2.93 on an earnings per share basis. Public Service Enterprise Group employs 12,945 workers across the globe.
What is Public Service Enterprise Group's official website?
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)
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.
