NYSE:PEG

Public Service Enterprise Group Stock Forecast, Price & News

$58.33

-0.19 (-0.32 %)

(As of 01/26/2021 12:00 AM ET)

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Today's Range

$57.78

Now: $58.33▼

$58.77

50-Day Range

$55.73

MA: $57.46▼

$59.38

52-Week Range

$34.75

Now: $58.33▼

$62.15

Volume1.43 million shs

Average Volume2.42 million shs

Market Capitalization$29.51 billion

P/E Ratio15.47

Dividend Yield3.35%

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, 2019, it had electric transmission and distribution system of 25,000 circuit miles and 858,000 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 37,353 megavolt-amperes (MVA), as well as 244 substations with an aggregate installed capacity of 8,428 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. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.

MarketRank^™

Overall MarketRank^™

1.94 out of 5 stars

Utilities Sector

43rd out of 273 stocks

Electric & Other Services Combined Industry

10th out of 27 stocks

2.3 Analyst's Opinion

Consensus Rating
Public Service Enterprise Group has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 9 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $63.79, Public Service Enterprise Group has a forecasted upside of 9.4% from its current price of $58.33.
Amount of Analyst Coverage
Public Service Enterprise Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Public Service Enterprise Group has received 450 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Public Service Enterprise Group has received 650 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Public Service Enterprise Group has received 59.09% “underperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Yield
Public Service Enterprise Group pays a meaningful dividend of 3.35%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Public Service Enterprise Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Public Service Enterprise Group is 59.76%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Public Service Enterprise Group will have a dividend payout ratio of 57.99% next year. This indicates that Public Service Enterprise Group will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In 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 $46,041.00 in company stock.
Percentage Held by Insiders
Only 0.48% of the stock of Public Service Enterprise Group is held by insiders.
Percentage Held by Institutions
69.55% 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.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Public Service Enterprise Group are expected to decrease by -1.17% in the coming year, from $3.42 to $3.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Public Service Enterprise Group is 15.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of Public Service Enterprise Group is 15.47, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 35.64.
Price to Earnings Growth Ratio
Public Service Enterprise Group has a PEG Ratio of 6.10. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Public Service Enterprise Group has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electric & other services combined

Sub-IndustryMulti-Utilities

SectorUtilities

Current SymbolNYSE:PEG

Previous Symbol

CUSIP74457310

CIK788784

Webwww.pseg.com

Phone973-430-7000

Employees12,992

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.93

Current Ratio0.76

Quick Ratio0.59

Price-To-Earnings

Trailing P/E Ratio15.47

Forward P/E Ratio17.06

P/E Growth6.1

Sales & Book Value

Annual Sales$10.08 billion

Price / Sales2.93

Cash Flow$6.29 per share

Price / Cash Flow9.27

Book Value$29.84 per share

Price / Book1.95

Profitability

EPS (Most Recent Fiscal Year)$3.28

Net Income$1.69 billion

Net Margins19.74%

Return on Equity11.30%

Return on Assets3.58%

Miscellaneous

Outstanding Shares505,848,000

Market Cap$29.51 billion

Next Earnings Date2/24/2021 (Estimated)

OptionableOptionable

$58.33

-0.19 (-0.32 %)

(As of 01/26/2021 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

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

Public Service Enterprise Group's stock was trading at $48.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PEG stock has increased by 19.7% and is now trading at $58.33.
View which stocks have been most impacted by COVID-19.

Is Public Service Enterprise Group a buy right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last twelve months. There are currently 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Public Service Enterprise Group stock.
View analyst ratings for Public Service Enterprise Group or view MarketBeat's top 5 stock picks.

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.

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.

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

Public Service Enterprise Group is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 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) posted its earnings results on Friday, October, 30th. The utilities provider reported $0.96 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by $0.01. The utilities provider earned $2.37 billion during the quarter, compared to analysts' expectations of $2.55 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 11.30% and a net margin of 19.74%. The company's revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.98 earnings per share.
View Public Service Enterprise Group's earnings history.

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 Tuesday, November 17th. Shareholders of record on Thursday, December 10th will be paid a dividend of $0.49 per share on Thursday, December 31st. This represents a $1.96 annualized dividend and a yield of 3.36%. The ex-dividend date is Wednesday, December 9th.
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 $1.96 per share and currently has a dividend yield of 3.35%. The dividend payout ratio of Public Service Enterprise Group is 59.76%. 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 57.99% 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 2020 Pre-Market earnings guidance on Friday, October, 30th. The company provided earnings per share guidance of 3.35-3.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.39.

What price target have analysts set for PEG?

15 Wall Street analysts have issued 12 month price targets for Public Service Enterprise Group's shares. Their forecasts range from $56.00 to $75.00. On average, they anticipate Public Service Enterprise Group's share price to reach $63.79 in the next year. This suggests a possible upside of 9.4% from the stock's current price.
View analysts' price targets for Public Service Enterprise Group or view Wall Street analyst' top-rated stocks.

Who are some of Public Service Enterprise Group's key competitors?

Some companies that are related to Public Service Enterprise Group include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), DTE Energy (DTE), Consolidated Edison (ED), PG&E (PCG), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA).
View all of PEG's 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).

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 62, Pay $3.49M)
Mr. Daniel J. Cregg, Exec. VP & CFO (Age 56, Pay $1.29M)
Mr. Ralph A. LaRossa, Chief Operating Officer (Age 57, Pay $1.37M)
Ms. Tamara Louise Linde, Exec. VP & Gen. Counsel (Age 55, Pay $1.21M)
Mr. David M. Daly, Pres of Public Service Electric & Gas Company (Age 58, Pay $1.17M)
Mr. Zeeshan Sheikh, Sr. VP and Chief Information & Digital Officer
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 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 number of retail and institutional investors. Top institutional investors include Pendal Group Limited (0.33%), Hamlin Capital Management LLC (0.25%), New York State Teachers Retirement System (0.13%), Strs Ohio (0.09%), Gateway Investment Advisers LLC (0.08%) and Nisa Investment Advisors LLC (0.08%). 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 major investors are selling Public Service Enterprise Group stock?

PEG stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Hamlin Capital Management LLC, Pendal Group Limited, Hennessy Advisors Inc., Veracity Capital LLC, Wedge Capital Management L L P NC, New York State Teachers Retirement System, and Brookstone Capital Management. 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 major investors are buying Public Service Enterprise Group stock?

PEG stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Edge Wealth Management LLC, State of Alaska Department of Revenue, Kestra Advisory Services LLC, Mission Wealth Management LP, Legacy Private Trust Co., Columbia Trust Co 01012016, and IFM Investors Pty Ltd.
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.

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

One share of PEG stock can currently be purchased for approximately $58.33.

How big of a company is Public Service Enterprise Group?

Public Service Enterprise Group has a market capitalization of $29.51 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. Public Service Enterprise Group employs 12,992 workers across the globe.

What is Public Service Enterprise Group's official website?

The official website for Public Service Enterprise Group is 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.

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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