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NYSE:PEG

Public Service Enterprise Group Stock Forecast, Price & News

Top-Rated Dividend Stocks  
$59.35
-0.62 (-1.03 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$58.85
Now: $59.35▼
$59.97
50-Day Range
$57.56
MA: $59.11▼
$61.00
52-Week Range
$34.75
Now: $59.35▼
$62.15
Volume898,686 shs
Average Volume2.81 million shs
Market Capitalization$30.02 billion
P/E Ratio17.35
Dividend Yield3.27%
Beta0.53
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.
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Beat the Market (BTM) Rank™

Analyst Opinion: 2.3Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.94 out of 5 stars


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
Employees13,000

Debt

Debt-to-Equity Ratio0.88
Current Ratio0.65
Quick Ratio0.51

Price-To-Earnings

Trailing P/E Ratio17.35
Forward P/E Ratio17.51
P/E Growth5.05

Sales & Book Value

Annual Sales$10.08 billion
Price / Sales2.98
Cash Flow$6.31 per share
Price / Cash Flow9.40
Book Value$29.84 per share
Price / Book1.99

Profitability

EPS (Most Recent Fiscal Year)$3.28
Net Income$1.69 billion
Net Margins18.09%
Return on Equity11.52%
Return on Assets3.65%

Miscellaneous

Outstanding Shares505,848,000
Market Cap$30.02 billion
Next Earnings Date2/24/2021 (Estimated)
OptionableOptionable
$59.35
-0.62 (-1.03 %)
(As of 11/27/2020 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 Coronavirus?

Public Service Enterprise Group's stock was trading at $48.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PEG stock has increased by 21.7% and is now trading at $59.35.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of 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 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Public Service Enterprise Group.

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 winning trading ideas this year 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 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 quarterly earnings results on Friday, October, 30th. The utilities provider reported $0.96 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.97 by $0.01. The utilities provider earned $2.37 billion during the quarter, compared to analyst estimates of $2.55 billion. Public Service Enterprise Group had a return on equity of 11.52% and a net margin of 18.09%. Public Service Enterprise Group's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company 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. Investors of record on Thursday, December 10th will be given a dividend of $0.49 per share on Thursday, December 31st. This represents a $1.96 annualized dividend and a dividend yield of 3.30%. The ex-dividend date is Wednesday, December 9th.
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 updated 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 EPS estimate of $3.39.

What price target have analysts set for PEG?

14 Wall Street analysts have issued 1 year target prices for Public Service Enterprise Group's stock. Their forecasts range from $57.00 to $76.00. On average, they anticipate Public Service Enterprise Group's stock price to reach $64.38 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
View analysts' price targets for Public Service Enterprise Group.

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), Consolidated Edison (ED), PG&E (PCG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), CenterPoint Energy (CNP), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA).
View all 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 PSE&G and Pres & COO of PSEG Utilities & Clean Energy Ventures (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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.81%), State Street Corp (5.41%), JPMorgan Chase & Co. (1.87%), Massachusetts Financial Services Co. MA (1.00%), California Public Employees Retirement System (0.83%) and Energy Income Partners LLC (0.72%). 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 institutional investors are selling Public Service Enterprise Group stock?

PEG stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, State Street Corp, Allianz Asset Management GmbH, LSV Asset Management, Connor Clark & Lunn Investment Management Ltd., BlackRock Inc., Nuveen Asset Management LLC, and New York State Common Retirement Fund. 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.

Which institutional investors are buying Public Service Enterprise Group stock?

PEG stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Hamlin Capital Management LLC, BNP Paribas Arbitrage SA, Energy Income Partners LLC, The Manufacturers Life Insurance Company, Jennison Associates LLC, Morgan Stanley, and ExodusPoint Capital Management LP.
View insider buying and selling activity 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, 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 $59.35.

How big of a company is Public Service Enterprise Group?

Public Service Enterprise Group has a market capitalization of $30.02 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 13,000 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 11/28/2020 by MarketBeat.com Staff
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