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

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$58.89 -0.23 (-0.39 %)
(As of 03/21/2019 06:48 AM ET)
Previous Close$59.12
Today's Range$58.72 - $59.3950
52-Week Range$47.84 - $59.95
Volume2.68 million shs
Average Volume3.84 million shs
Market Capitalization$29.74 billion
P/E Ratio18.88
Dividend Yield3.18%
Beta0.41
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.

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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$5.9605 per share
Book Value$28.44 per share

Profitability

Net Income$1.44 billion

Miscellaneous

Employees13,145
Market Cap$29.74 billion
Next Earnings Date4/29/2019 (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 announced a quarterly dividend on Tuesday, February 19th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.47 per share on Friday, March 29th. This represents a $1.88 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend is Thursday, March 7th. This is an increase from Public Service Enterprise Group's previous quarterly dividend of $0.45. 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) posted its quarterly earnings data on Wednesday, February, 27th. The utilities provider reported $0.56 EPS for the quarter, beating the Zacks' consensus estimate of $0.55 by $0.01. Public Service Enterprise Group had a net margin of 14.83% and a return on equity of 11.10%. During the same quarter in the previous year, the firm posted $0.57 earnings per share. 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 Monday, April 29th 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 issued an update on its FY 2019 earnings guidance on Wednesday, February, 27th. The company provided earnings per share guidance of $3.15-3.35 for the period, compared to the Thomson Reuters consensus estimate of $3.22. Public Service Enterprise Group also updated its FY19 guidance to $3.15-$3.35 EPS.

What price target have analysts set for PEG?

12 analysts have issued 1-year target prices for Public Service Enterprise Group's stock. Their predictions range from $53.00 to $66.00. On average, they expect Public Service Enterprise Group's share price to reach $59.3060 in the next twelve months. This suggests a possible upside of 0.7% 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?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 2 hold ratings and 10 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?

News stories about PEG stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Public Service Enterprise Group earned a coverage optimism score of 1.3 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the immediate 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), Verizon Communications (VZ), Pfizer (PFE), Procter & Gamble (PG), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Walt Disney (DIS), General Motors (GM) and Intel (INTC).

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 61)
  • Mr. Daniel J. Cregg, Exec. VP & CFO (Age 55)
  • Ms. Tamara Louise Linde, Exec. VP & Gen. Counsel (Age 54)
  • Mr. Derek M. DiRisio, Pres of PSEG Services Corp. (Age 55)
  • Mr. Ralph A. LaRossa, Pres & COO of PSEG Power (Age 56)

Who are Public Service Enterprise Group's major shareholders?

Public Service Enterprise Group's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.18%), Geode Capital Management LLC (1.29%), Northern Trust Corp (1.18%), FMR LLC (1.02%), Nordea Investment Management AB (0.90%) and Massachusetts Financial Services Co. MA (0.89%). Company insiders that own Public Service Enterprise Group stock include Derek M Dirisio, Ralph A Larossa, Ralph Izzo, 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 BlackRock Inc., Nordea Investment Management AB, Bank of New York Mellon Corp, Bank of America Corp DE, LSV Asset Management, Jennison Associates LLC, Rothschild & Co. Asset Management US Inc. and Raymond James & Associates. Company insiders that have sold Public Service Enterprise Group company stock in the last year include 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 major investors are buying Public Service Enterprise Group stock?

PEG stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Zimmer Partners LP, California Public Employees Retirement System, Bank of Nova Scotia, Two Sigma Advisers LP, Nuveen Asset Management LLC 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 $58.89.

How big of a company is Public Service Enterprise Group?

Public Service Enterprise Group has a market capitalization of $29.74 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:  372 (Vote Outperform)
Underperform Votes:  595 (Vote Underperform)
Total Votes:  967
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 3/21/2019 by MarketBeat.com Staff

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