NYSE:PEG Public Service Enterprise Group - PEG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Public Service Enterprise Group Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. $60.85 -1.28 (-2.06%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$59.65▼$61.7750-Day Range$58.29▼$63.9752-Week Range$52.51▼$75.61Volume2.12 million shsAverage Volume2.05 million shsMarket Capitalization$30.36 billionP/E Ratio44.74Dividend Yield3.48%Price Target$67.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Public Service Enterprise Group MarketRank™ ForecastAnalyst RatingHold2.44 Rating ScoreUpside/Downside10.4% Upside$67.20 Price TargetShort InterestHealthy1.01% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.84Based on 4 Articles This WeekInsider TradingSelling Shares$23,518 Sold Last QuarterProj. Earnings Growth-0.87%From $3.46 to $3.43 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.29 out of 5 starsUtilities Sector41st out of 85 stocksElectric & Other Services Combined Industry7th out of 19 stocks 2.2 Analyst's Opinion Consensus RatingPublic Service Enterprise Group has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $67.20, Public Service Enterprise Group has a forecasted upside of 10.4% from its current price of $60.85.Amount of Analyst CoveragePublic Service Enterprise Group has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.01% of the float of Public Service Enterprise Group has been sold short.Short Interest Ratio / Days to CoverPublic Service Enterprise Group has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Public Service Enterprise Group has recently increased by 15.14%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldPublic Service Enterprise Group pays a meaningful dividend of 3.48%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPublic Service Enterprise Group has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Public Service Enterprise Group is 158.82%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Public Service Enterprise Group will have a dividend payout ratio of 62.97% next year. This indicates that Public Service Enterprise Group will be able to sustain or increase its dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePublic Service Enterprise Group has received a 5.20% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity produced with nuclear fuels", "Electricity produced with natural gas", and "Electricity produced with coal" products. See details.Environmental SustainabilityThe Environmental Impact score for Public Service Enterprise Group is -3.10. Previous Next 2.7 News and Social Media Coverage News SentimentPublic Service Enterprise Group has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Public Service Enterprise Group this week, compared to 5 articles on an average week.Search InterestOnly 9 people have searched for PEG on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat Follows7 people have added Public Service Enterprise Group to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $23,518.00 in company stock.Percentage Held by InsidersOnly 0.55% of the stock of Public Service Enterprise Group is held by insiders.Percentage Held by Institutions70.67% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Public Service Enterprise Group are expected to decrease by -0.87% in the coming year, from $3.46 to $3.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Service Enterprise Group is 44.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Service Enterprise Group is 44.74, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 104.14.Price to Earnings Growth RatioPublic Service Enterprise Group has a PEG Ratio of 7.68. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPublic Service Enterprise Group has a P/B Ratio of 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Public Service Enterprise Group (NYSE:PEG) StockPublic 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.Read More Receive PEG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Public Service Enterprise Group and its competitors with MarketBeat's FREE daily newsletter. Email Address PEG Stock News HeadlinesFebruary 4, 2023 | americanbankingnews.comBrokerages Set Public Service Enterprise Group Incorporated (NYSE:PEG) PT at $67.20January 27, 2023 | finance.yahoo.comPSEG To Announce Fourth-Quarter and Full Year 2022 Financial Results On Feb. 21February 4, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 25, 2023 | marketwatch.comPublic Service Enterprise Group Inc. stock falls Wednesday, underperforms marketJanuary 25, 2023 | americanbankingnews.comPublic Service Enterprise Group (NYSE:PEG) PT Raised to $70.00 at Morgan StanleyJanuary 24, 2023 | marketwatch.comPublic Service Enterprise Group Inc. stock outperforms market on strong trading dayJanuary 18, 2023 | finance.yahoo.comPSEG to Sell its 25% Equity Stake in Ocean Wind 1 to ØrstedJanuary 9, 2023 | thestreet.comPublic Service Enterprise Group Stock To Go Ex-dividend Tomorrow (PEG)February 4, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... 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Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 5, 2023 | benzinga.comWhat Does Public Service Enterprise's Debt Look Like?January 5, 2023 | finance.yahoo.com15 Biggest Nuclear Energy and Reactor Companies in the WorldDecember 29, 2022 | finance.yahoo.comIt's Always a Good Time To SaveDecember 21, 2022 | finance.yahoo.comPSEG Named to Dow Jones Sustainability Index for 15th Consecutive Year and to Newsweek's America's Most Responsible Companies 2023 ListDecember 18, 2022 | ca.finance.yahoo.comPublic Service Enterprise Group (NYSE:PEG) Has Some Difficulty Using Its Capital EffectivelyDecember 16, 2022 | finance.yahoo.comDefying the Senses...the Dangers of Carbon MonoxideDecember 14, 2022 | marketwatch.comPublic Service Enterprise Group Inc. stock rises Wednesday, outperforms marketDecember 9, 2022 | finance.yahoo.comRalph Izzo Wins 2022 Platts Global Energy Lifetime Achievement AwardDecember 8, 2022 | benzinga.comEstée Lauder, S&P Global, Public Service Enterprise Group And This Leading US Homebuilder Feature On CNBC's 'Final Trades'December 6, 2022 | finance.yahoo.comHeroes Work Here: Saving a Young Woman Trapped in Burning CarDecember 5, 2022 | finance.yahoo.comPublic Service Enterprise Group Incorporated: Reaffirming $75 targetDecember 2, 2022 | finance.yahoo.comPSE&G Ranks First In Customer Satisfaction in the East Among Large Utilities According to the J.D. Power 2022 Gas Utility Residential Customer Satisfaction StudyDecember 1, 2022 | finance.yahoo.comWith 72% institutional ownership, Public Service Enterprise Group Incorporated (NYSE:PEG) is a favorite amongst the big gunsNovember 29, 2022 | finance.yahoo.comNew Jersey Wind Port Sailing AlongNovember 14, 2022 | finance.yahoo.comPSEG DECLARES REGULAR QUARTERLY DIVIDEND FOR FOURTH QUARTER OF 2022November 10, 2022 | finance.yahoo.comEmergency Planning Tips for Loved Ones With Special NeedsNovember 10, 2022 | finance.yahoo.comIs Public Service Enterprise Group Incorporated's (NYSE:PEG) ROE Of 5.2% Concerning?November 9, 2022 | finance.yahoo.comLessons From U.S. Marine CorpsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PEG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Public Service Enterprise Group and its competitors with MarketBeat's FREE daily newsletter. Email Address PEG Company Calendar Last Earnings11/02/2021Ex-Dividend for 12/30 Dividend12/08/2022Dividend Payable12/30/2022Today2/04/2023Next Earnings (Estimated)2/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric & other services combined Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:PEG CUSIP74457310 CIK788784 Webwww.pseg.com Phone(973) 430-7000Fax973-643-3367Employees12,684Year Founded1903Price Target and Rating Average Stock Price Forecast$67.20 High Stock Price Forecast$76.00 Low Stock Price Forecast$59.00 Forecasted Upside/Downside+10.4%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.36 Trailing P/E Ratio44.74 Forward P/E Ratio17.59 P/E Growth7.68Net Income$-648,000,000.00 Net Margins7.08% Pretax Margin6.48% Return on Equity12.96% Return on Assets3.65% Debt Debt-to-Equity Ratio1.22 Current Ratio0.60 Quick Ratio0.46 Sales & Book Value Annual Sales$9.72 billion Price / Sales3.12 Cash Flow$6.57 per share Price / Cash Flow9.26 Book Value$28.56 per share Price / Book2.13Miscellaneous Outstanding Shares498,950,000Free Float496,206,000Market Cap$30.36 billion OptionableOptionable Beta0.56 Social Links Key ExecutivesRalph A. LaRossaChairman, President & Chief Executive OfficerDaniel J. CreggChief Financial Officer & Executive Vice PresidentZeeshan SheikhChief Information & Digital OfficerM. Courtney McCormickChief Risk, Audit & Compliance OfficerTamara Louise LindeExecutive Vice President & General CounselKey CompetitorsWEC Energy GroupNYSE:WECConsolidated EdisonNYSE:EDPG&ENYSE:PCGAmerenNYSE:AEECMS EnergyNYSE:CMSView All CompetitorsInsiders & InstitutionsAdvisors Management Group Inc. ADVBought 734 shares on 2/3/2023Ownership: 0.009%Securian Asset Management Inc.Bought 558 shares on 2/3/2023Ownership: 0.008%OLD National Bancorp INSold 397 shares on 2/3/2023Ownership: 0.001%Ausdal Financial Partners Inc.Bought 3,353 shares on 2/3/2023Ownership: 0.001%U.S. Capital Wealth Advisors LLCBought 817 shares on 2/3/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PEG Stock - Frequently Asked Questions Should I buy or sell Public Service Enterprise Group stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 brokers have issued 1 year target prices for Public Service Enterprise Group's shares. Their PEG share price forecasts range from $59.00 to $76.00. On average, they predict the company's stock price to reach $67.20 in the next year. This suggests a possible upside of 10.4% 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 at the start of the year. Since then, PEG stock has decreased by 0.7% and is now trading at $60.85. 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 during 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 daily volume of 3,000,000 shares, the short-interest ratio is currently 1.7 days. Currently, 1.0% of the company's shares are short sold. 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 results on Tuesday, November, 2nd. The utilities provider reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.06. The utilities provider had revenue of $1.90 billion for the quarter, compared to the consensus estimate 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 earned $0.96 earnings per share. 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. Shareholders 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 annualized dividend and a yield of 3.55%. 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 3.48%. 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 guidance has Public Service Enterprise Group issued on next quarter's earnings? Public Service Enterprise Group issued an update on its FY 2022 earnings guidance on Monday, November, 7th. The company provided earnings per share (EPS) guidance of $3.40-$3.50 for the period, compared to the consensus EPS estimate of $3.47. The company issued revenue guidance of -. 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 number of institutional and retail investors. Top institutional investors include Hamlin Capital Management LLC (0.39%), Pendal Group Ltd (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), New York State Common Retirement Fund (0.12%), Bank of Montreal Can (0.11%) and New York State Teachers Retirement System (0.10%). 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 $60.85. How much money does Public Service Enterprise Group make? Public Service Enterprise Group (NYSE:PEG) has a market capitalization of $30.36 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 2/4/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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