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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
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Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
NYSE:PEG

Public Service Enterprise Group - PEG Stock Forecast, Price & News

$61.01
-0.27 (-0.44%)
(As of 02/7/2023 12:00 AM ET)
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Compare
Today's Range
$60.01
$61.23
50-Day Range
$58.29
$63.97
52-Week Range
$52.51
$75.61
Volume
1.39 million shs
Average Volume
2.11 million shs
Market Capitalization
$30.44 billion
P/E Ratio
44.86
Dividend Yield
3.55%
Price Target
$67.20

Public Service Enterprise Group MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
10.1% Upside
$67.20 Price Target
Short Interest
Healthy
1.01% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.10
Upright™ Environmental Score
News Sentiment
0.84mentions of Public Service Enterprise Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$12,090 Sold Last Quarter
Proj. Earnings Growth
-0.87%
From $3.46 to $3.43 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.43 out of 5 stars

Utilities Sector

35th out of 84 stocks

Electric & Other Services Combined Industry

7th out of 19 stocks

PEG stock logo

About Public Service Enterprise Group (NYSE:PEG) Stock

Public Service Enterprise Group, Inc. is a holding company, which engages in the provision of electric and gas services. The firm operates through the following two segments: Public Service Electric & Gas Co. (PSE&G) and PSEG Power. The PSE&G segment engages in the transmission of electricity and distribution of electricity and natural gas. The PSEG Power segment wholesales energy, fuel supply, and energy transacting functions. Its products and services include energy, capacity, ancillary services, and emissions allowances and congestion credits. The company was founded in 1903 and is headquartered in Newark, NJ.

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PEG Stock News Headlines

The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
It's Always a Good Time To Save
Defying the Senses...the Dangers of Carbon Monoxide
New Jersey Wind Port Sailing Along
Emergency Planning Tips for Loved Ones With Special Needs
Lessons From U.S. Marine Corps
See More Headlines
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PEG Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 12/30 Dividend
12/08/2022
Dividend Payable
12/30/2022
Today
2/07/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
74457310
Employees
12,684
Year Founded
1903

Price Target and Rating

Average Stock Price Forecast
$67.20
High Stock Price Forecast
$76.00
Low Stock Price Forecast
$59.00
Forecasted Upside/Downside
+10.1%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$-648,000,000.00
Pretax Margin
6.48%

Debt

Sales & Book Value

Annual Sales
$9.72 billion
Cash Flow
$6.73 per share
Book Value
$28.56 per share

Miscellaneous

Free Float
496,206,000
Market Cap
$30.44 billion
Optionable
Optionable
Beta
0.56

Social Links


Key Executives

  • Ralph A. LaRossaRalph A. LaRossa
    Chairman, President & Chief Executive Officer
  • Daniel J. CreggDaniel J. Cregg
    Chief Financial Officer & Executive Vice President
  • Zeeshan Sheikh
    Chief Information & Digital Officer
  • M. Courtney McCormick
    Chief Risk, Audit & Compliance Officer
  • Tamara Louise LindeTamara Louise Linde
    Executive Vice President & General Counsel













PEG Stock - Frequently Asked Questions

Should I buy or sell Public Service Enterprise Group stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PEG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PEG, but not buy additional shares or sell existing shares.
View PEG analyst ratings
or view top-rated stocks.

What is Public Service Enterprise Group's stock price forecast for 2023?

9 brokerages have issued 1 year price objectives for Public Service Enterprise Group's stock. Their PEG share price forecasts range from $59.00 to $76.00. On average, they predict the company's share price to reach $67.20 in the next year. This suggests a possible upside of 10.1% from the stock's current price.
View analysts price targets for PEG
or view top-rated stocks among Wall Street analysts.

How have PEG shares performed in 2023?

Public Service Enterprise Group's stock was trading at $61.27 on January 1st, 2023. Since then, PEG shares have decreased by 0.4% and is now trading at $61.01.
View the best growth stocks for 2023 here
.

Are investors shorting Public Service Enterprise Group?

Public Service Enterprise Group saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 5,020,000 shares, an increase of 15.1% from the December 31st total of 4,360,000 shares. Based on an average trading volume of 3,000,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.0% of the company's shares are sold short.
View Public Service Enterprise Group's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our PEG earnings forecast
.

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

Public Service Enterprise Group Incorporated (NYSE:PEG) announced its quarterly earnings data on Tuesday, November, 2nd. The utilities provider reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.06. The utilities provider earned $1.90 billion during the quarter, compared to analyst estimates of $2.66 billion. Public Service Enterprise Group had a net margin of 7.08% and a trailing twelve-month return on equity of 12.96%. During the same quarter in the prior year, the company posted $0.96 EPS.
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 announced a quarterly dividend on Monday, November 14th. Stockholders of record on Friday, December 9th will be given a dividend of $0.54 per share on Friday, December 30th. This represents a $2.16 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date is Thursday, December 8th.
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 $2.16 per share and currently has a dividend yield of 3.55%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 158.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PEG will have a dividend payout ratio of 62.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PEG.

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).

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 a variety of retail and institutional investors. Top institutional investors include Hamlin Capital Management LLC (0.39%), Pendal Group Ltd (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), Retirement Systems of Alabama (0.12%), New York State Common Retirement Fund (0.12%) and Bank of Montreal Can (0.11%). Insiders that own company stock include Daniel J Cregg, Daniel J Cregg, Edward S Lampert, Ralph A Larossa, Ralph A Larossa, Ralph Izzo, Rose M Chernick, 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 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 $61.01.

How much money does Public Service Enterprise Group make?

Public Service Enterprise Group (NYSE:PEG) has a market capitalization of $30.44 billion and generates $9.72 billion in revenue each year. The utilities provider earns $-648,000,000.00 in net income (profit) each year or $1.36 on an earnings per share basis.

How many employees does Public Service Enterprise Group have?

The company employs 12,684 workers across the globe.

How can I contact Public Service Enterprise Group?

Public Service Enterprise Group's mailing address is 80 PARK PLAZA, NEWARK NJ, 07102. The official website for the company is www.pseg.com. The utilities provider can be reached via phone at (973) 430-7000, via email at carlotta.chan@pseg.com, or via fax at 973-643-3367.

This page (NYSE:PEG) was last updated on 2/8/2023 by MarketBeat.com Staff