S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
15 A.I. Trading Opportunities a Day (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
15 A.I. Trading Opportunities a Day (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
15 A.I. Trading Opportunities a Day (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
15 A.I. Trading Opportunities a Day (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
NYSE:PEG

Public Service Enterprise Group (PEG) Stock Forecast, Price & News

$61.04
+1.14 (+1.90%)
(As of 06/2/2023 ET)
Compare
Today's Range
$59.84
$61.36
50-Day Range
$59.22
$64.20
52-Week Range
$52.51
$69.94
Volume
3.15 million shs
Average Volume
2.03 million shs
Market Capitalization
$30.46 billion
P/E Ratio
13.16
Dividend Yield
3.74%
Price Target
$67.25

Public Service Enterprise Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
10.2% Upside
$67.25 Price Target
Short Interest
Healthy
1.11% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.10
Upright™ Environmental Score
News Sentiment
1.05mentions of Public Service Enterprise Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$409,461 Sold Last Quarter
Proj. Earnings Growth
7.85%
From $3.44 to $3.71 Per Share

Overall MarketRank

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

3.03 out of 5 stars

Utilities Sector

1st out of 84 stocks

Electric & Other Services Combined Industry

1st out of 19 stocks


PEG stock logo

About Public Service Enterprise Group (NYSE:PEG) Stock

Public Service Enterprise Group, Inc. is an energy company, which engages in the business of regulated electric and gas utility, and nuclear generation. Its products and services include energy, capacity, ancillary services, and emissions allowances and congestion credits. The firm operates through the Public Service Electric and Gas Company (PSE&G) and PSEG Power segments. The PSE&G segment focuses on the transmission of electricity and distribution of electricity and natural gas. The PSEG Power segment wholesales energy, fuel supply, and energy transacting functions. The company was founded in 1903 and is headquartered in Newark, NJ.

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.

PEG Stock News Headlines

NOTICE: Your retirement is in immediate danger
Soon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>
NOTICE: Your retirement is in immediate danger
Soon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>
PSEG Announces First Quarter 2023 Results
PSEG (PEG) to Report Q1 Earnings: What's in the Cards?
See More Headlines

PEG Price History

PEG Company Calendar

Ex-Dividend for 3/31 Dividend
3/09/2023
Dividend Payable
3/31/2023
Last Earnings
5/02/2023
Today
6/03/2023
Ex-Dividend for 6/30 Dividend
6/08/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
74457310
Employees
12,525
Year Founded
1903

Price Target and Rating

Average Stock Price Forecast
$67.25
High Stock Price Forecast
$76.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+10.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$1.03 billion
Pretax Margin
24.38%

Debt

Sales & Book Value

Annual Sales
$9.80 billion
Cash Flow
$6.29 per share
Book Value
$29.51 per share

Miscellaneous

Free Float
496,121,000
Market Cap
$30.46 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 twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PEG shares.
View PEG analyst ratings
or view top-rated stocks.

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

9 equities research analysts have issued twelve-month target prices for Public Service Enterprise Group's shares. Their PEG share price forecasts range from $60.00 to $76.00. On average, they expect the company's stock price to reach $67.25 in the next twelve months. This suggests a possible upside of 10.2% 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 $61.04.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our PEG earnings forecast
.

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

Public Service Enterprise Group Incorporated (NYSE:PEG) issued its earnings results on Tuesday, May, 2nd. The utilities provider reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.18. The utilities provider earned $3.76 billion during the quarter, compared to analyst estimates of $2.89 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 12.78% and a net margin of 20.64%. The business's revenue for the quarter was up 62.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.33 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 Tuesday, April 18th. Investors of record on Friday, June 9th will be paid a dividend of $0.57 per share on Friday, June 30th. This represents a $2.28 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date is Thursday, June 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 $2.28 per share and currently has a dividend yield of 3.81%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 49.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PEG will have a dividend payout ratio of 61.46% 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 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $3.40-$3.50 for the period, compared to the consensus estimate of $3.44. 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.04%), State Street Corp (6.03%), JPMorgan Chase & Co. (4.67%), Geode Capital Management LLC (2.05%), Nordea Investment Management AB (1.11%) and Bank of New York Mellon Corp (1.11%). Insiders that own company stock include Edward S Lampert, Eric Carr, 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 $61.04.

How much money does Public Service Enterprise Group make?

Public Service Enterprise Group (NYSE:PEG) has a market capitalization of $30.46 billion and generates $9.80 billion in revenue each year. The utilities provider earns $1.03 billion in net income (profit) each year or $4.64 on an earnings per share basis.

How many employees does Public Service Enterprise Group have?

The company employs 12,525 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 6/3/2023 by MarketBeat.com Staff

My Account -