NYSE:PEG

Public Service Enterprise Group Stock Forecast, Price & News

$62.41
+1.12 (+1.83 %)
(As of 04/13/2021 12:00 AM ET)
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Today's Range
$60.64
Now: $62.41
$62.43
50-Day Range
$53.83
MA: $58.18
$61.30
52-Week Range
$43.87
Now: $62.41
$62.43
Volume1.85 million shs
Average Volume2.12 million shs
Market Capitalization$31.52 billion
P/E Ratio16.55
Dividend Yield3.33%
Beta0.49
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.
Public Service Enterprise Group logo

Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP74457310
Phone973-430-7000
Employees12,788
Year Founded1903

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.08 billion
Cash Flow$6.73 per share
Book Value$29.84 per share

Profitability

Net Income$1.69 billion

Miscellaneous

Market Cap$31.52 billion
Next Earnings Date5/3/2021 (Estimated)
OptionableOptionable

Headlines

Why Is PSEG (PEG) Up 6.1% Since Last Earnings Report?
March 28, 2021 |  finance.yahoo.com
PSEG Announces 2020 Results
February 26, 2021 |  finance.yahoo.com
Earnings Preview for Public Service Enterprise
February 25, 2021 |  finance.yahoo.com
PSEG Increases Common Stock Dividend
February 16, 2021 |  finance.yahoo.com
Can PSEG (PEG) Keep the Earnings Surprise Streak Alive?
February 10, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.78 out of 5 stars

Utilities Sector

55th out of 280 stocks

Electric & Other Services Combined Industry

12th out of 27 stocks

Analyst Opinion: 1.4Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$62.41
+1.12 (+1.83 %)
(As of 04/13/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

Is Public Service Enterprise Group a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Public Service Enterprise Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

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

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

Public Service Enterprise Group Incorporated (NYSE:PEG) released its quarterly earnings data on Thursday, February, 25th. The utilities provider reported $0.65 earnings per share for the quarter, meeting the consensus estimate of $0.65. The utilities provider had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.83 billion. Public Service Enterprise Group had a net margin of 19.74% and a trailing twelve-month return on equity of 11.30%. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.64 EPS.
View Public Service Enterprise Group's earnings history
.

How has Public Service Enterprise Group's stock been impacted by Coronavirus (COVID-19)?

Public Service Enterprise Group's stock was trading at $48.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PEG shares have increased by 28.0% and is now trading at $62.41.
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 declared a quarterly dividend on Tuesday, February 16th. Shareholders of record on Tuesday, March 9th will be given a dividend of $0.51 per share on Wednesday, March 31st. This represents a $2.04 annualized dividend and a yield of 3.27%. The ex-dividend date is Monday, March 8th. This is an increase from Public Service Enterprise Group's previous quarterly dividend of $0.49.
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 3.33%. Public Service Enterprise Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Public Service Enterprise Group is 62.20%. 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 60.36% 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 issued an update on its FY 2021 Pre-Market earnings guidance on Friday, February, 26th. The company provided earnings per share guidance of 3.35-3.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.43.

What price target have analysts set for PEG?

11 equities research analysts have issued 1 year price targets for Public Service Enterprise Group's shares. Their forecasts range from $56.00 to $75.00. On average, they expect Public Service Enterprise Group's stock price to reach $64.10 in the next year. This suggests a possible upside of 2.7% 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) (LinkedIn Profile)
  • Mr. Daniel J. Cregg, Exec. VP & CFO (Age 57, Pay $1.31M)
  • Mr. Ralph A. LaRossa, Chief Operating Officer (Age 58, Pay $1.65M) (LinkedIn Profile)
  • 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 shareholders include Wedge Capital Management L L P NC (0.05%), Royal London Asset Management Ltd. (0.04%), State of Alaska Department of Revenue (0.02%), Calamos Advisors LLC (0.02%), Edge Wealth Management LLC (0.02%) and First National Bank of Mount Dora Trust Investment Services (0.02%). Company insiders that own Public Service Enterprise Group stock include Daniel J Cregg, Derek M Dirisio, Ralph A Larossa, Ralph Izzo, Rose M Chernick 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 Edge Wealth Management LLC, Wedge Capital Management L L P NC, Dalton Greiner Hartman Maher & Co., Pensionfund Sabic, Pacer Advisors Inc., M&R Capital Management Inc., Old Port Advisors, and First PREMIER Bank. Company insiders that have sold Public Service Enterprise Group company stock in the last year include Daniel J Cregg, Ralph A Larossa, and Rose M Chernick.
View insider buying and selling activity for Public Service Enterprise Group
or view top insider-selling stocks.

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 First National Bank of Mount Dora Trust Investment Services, Legacy Private Trust Co., State of Alaska Department of Revenue, Pensionfund DSM Netherlands, Foundations Investment Advisors LLC, Calamos Advisors LLC, Royal London Asset Management Ltd., and Arvest Bank Trust Division.
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 $62.41.

How much money does Public Service Enterprise Group make?

Public Service Enterprise Group has a market capitalization of $31.52 billion and generates $10.08 billion in revenue each year. The utilities provider earns $1.69 billion in net income (profit) each year or $3.28 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.


This page was last updated on 4/14/2021 by MarketBeat.com Staff
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