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. $59.88 +0.66 (+1.11%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$59.03▼$60.4550-Day Range$56.36▼$62.2352-Week Range$52.51▼$75.61Volume2.05 million shsAverage Volume2.47 million shsMarket Capitalization$29.87 billionP/E Ratio29.07Dividend Yield3.81%Price Target$66.56 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Public Service Enterprise Group MarketRank™ ForecastAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside11.1% Upside$66.56 Price TargetShort InterestHealthy0.89% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.72Based on 11 Articles This WeekInsider TradingSelling Shares$409,461 Sold Last QuarterProj. Earnings Growth7.00%From $3.43 to $3.67 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.2.71 out of 5 starsUtilities Sector18th out of 85 stocksElectric & Other Services Combined Industry2nd out of 19 stocks 2.3 Analyst's Opinion Consensus RatingPublic Service Enterprise Group has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $66.56, Public Service Enterprise Group has a forecasted upside of 11.1% from its current price of $59.88.Amount of Analyst CoveragePublic Service Enterprise Group has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.89% 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 1.9, 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 decreased by 17.90%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipPublic Service Enterprise Group is a leading dividend payer. It pays a dividend yield of 3.88%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPublic Service Enterprise Group has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Public Service Enterprise Group is 110.68%. 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 62.13% 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 2.6 News and Social Media Coverage News SentimentPublic Service Enterprise Group has a news sentiment score of 0.72. 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 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Public Service Enterprise Group this week, compared to 5 articles on an average week.Search InterestOnly 12 people have searched for PEG on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Public Service Enterprise Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% 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 $409,461.00 in company stock.Percentage Held by InsidersOnly 0.57% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Public Service Enterprise Group are expected to grow by 7.00% in the coming year, from $3.43 to $3.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Service Enterprise Group is 29.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Service Enterprise Group is 29.07, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 104.72.Price to Earnings Growth RatioPublic Service Enterprise Group has a PEG Ratio of 3.96. 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 2.18. 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 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.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 HeadlinesMarch 28, 2023 | americanbankingnews.comPublic Service Enterprise Group Incorporated (NYSE:PEG) Receives $66.56 Average Price Target from BrokeragesMarch 24, 2023 | americanbankingnews.comPublic Service Enterprise Group (NYSE:PEG) Price Target Cut to $64.00 by Analysts at Morgan StanleyMarch 28, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 23, 2023 | finance.yahoo.comWhy Is PSEG (PEG) Down 6% Since Last Earnings Report?March 18, 2023 | americanbankingnews.comPublic Service Enterprise Group Incorporated (NYSE:PEG) COO Eric Carr Sells 7,105 SharesMarch 18, 2023 | americanbankingnews.comPublic Service Enterprise Group Incorporated (NYSE:PEG) Forecasted to Earn FY2024 Earnings of $3.72 Per ShareMarch 16, 2023 | seekingalpha.comPublic Service Enterprise Group: All We Need Now Is To Get Past Near-Term UncertaintiesMarch 16, 2023 | marketwatch.comPublic Service Enterprise Group Inc. stock rises Thursday, still underperforms marketMarch 28, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 15, 2023 | finance.yahoo.comPublic Service Enterprise Group Incorporated: PSEG's Long-Term Growth, Attractive Valuation Elevate It to a Top Utilities PickMarch 13, 2023 | msn.comThe Latest Analyst Ratings for Public Service EnterpriseMarch 12, 2023 | marketwatch.comPublic Service Enterprise $PEG Technical DataMarch 9, 2023 | finance.yahoo.comPSEG 2023 Investor Conference Highlights Improved Business Mix and Platform for Predictable GrowthMarch 7, 2023 | finance.yahoo.comFor Consumer Protection Week, Get to Know the Telltale Signs of a ScamMarch 2, 2023 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Chevron (CVX), Public Service Enterprise (PEG) and MEG Energy (OtherMEGEF)March 1, 2023 | finance.yahoo.comPSE&G Proposes Third Phase of Gas System Modernization Program that Strengthens the State's Infrastructure and Sustains Thousands of JobsFebruary 24, 2023 | finance.yahoo.comPSEG 2023 Investor Conference to be Held on March 10February 22, 2023 | msn.comPublic Service Enterprise's Return On Capital Employed InsightsFebruary 22, 2023 | finance.yahoo.comPublic Service Enterprise Group Incorporated: PSEG's Long-Term Growth Plan on Track; 6% Dividend RaiseFebruary 22, 2023 | finance.yahoo.comQ4 2022 Public Service Enterprise Group Inc Earnings CallFebruary 14, 2023 | marketwatch.comPublic Service Enterprise Raises Quarterly Dividend by 5.6% >PEGFebruary 14, 2023 | finance.yahoo.comPSEG (PEG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?February 14, 2023 | finance.yahoo.comPSEG INCREASES 2023 COMMON STOCK DIVIDENDJanuary 27, 2023 | finance.yahoo.comPSEG To Announce Fourth-Quarter and Full Year 2022 Financial Results On Feb. 21January 25, 2023 | marketwatch.comPublic Service Enterprise Group Inc. stock falls Wednesday, underperforms marketJanuary 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 ØrstedSee 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 Ex-Dividend for 12/30 Dividend12/08/2022Dividend Payable12/30/2022Last Earnings2/21/2023Ex-Dividend for 3/31 Dividend3/09/2023Today3/28/2023Dividend Payable3/31/2023Next Earnings (Estimated)5/02/2023Fiscal 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) 430-7000Fax973-643-3367Employees12,525Year Founded1903Price Target and Rating Average Stock Price Forecast$66.56 High Stock Price Forecast$76.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+11.1%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.06 Trailing P/E Ratio29.07 Forward P/E Ratio17.46 P/E Growth3.96Net Income$1.03 billion Net Margins10.52% Pretax Margin10.22% Return on Equity12.88% Return on Assets3.59% Debt Debt-to-Equity Ratio1.20 Current Ratio0.64 Quick Ratio0.50 Sales & Book Value Annual Sales$9.80 billion Price / Sales3.05 Cash Flow$6.28 per share Price / Cash Flow9.53 Book Value$27.52 per share Price / Book2.18Miscellaneous Outstanding Shares498,770,000Free Float495,927,000Market Cap$29.87 billion OptionableOptionable Beta0.55 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:EDAmerenNYSE:AEEPG&ENYSE:PCGCMS EnergyNYSE:CMSView All CompetitorsInsiders & InstitutionsAcrisure Capital Management LLCBought 10,777 shares on 3/28/2023Ownership: 0.002%B. Riley Wealth Advisors Inc.Bought 4,864 shares on 3/15/2023Ownership: 0.006%Eric CarrSold 7,105 sharesTotal: $409,461.15 ($57.63/share)Victory Capital Management Inc.Bought 1,240 shares on 3/10/2023Ownership: 0.033%Capital Asset Advisory Services LLCSold 1,148 shares on 3/8/2023Ownership: 0.001%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 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 Wall Street research analysts have issued 12 month price targets for Public Service Enterprise Group's shares. Their PEG share price forecasts range from $60.00 to $76.00. On average, they predict the company's share price to reach $66.56 in the next year. This suggests a possible upside of 11.1% 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 beginning of the year. Since then, PEG stock has decreased by 2.3% and is now trading at $59.88. View the best growth stocks for 2023 here. Are investors shorting Public Service Enterprise Group? Public Service Enterprise Group saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 4,450,000 shares, a drop of 17.9% from the February 28th total of 5,420,000 shares. Based on an average daily trading volume, of 2,380,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.9% of the company's shares are sold short. 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 Tuesday, May 2nd 2023. View our PEG earnings forecast. How were Public Service Enterprise Group's earnings last quarter? Public Service Enterprise Group Incorporated (NYSE:PEG) posted its quarterly earnings results on Tuesday, February, 21st. The utilities provider reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.02. The utilities provider earned $3.14 billion during the quarter, compared to the consensus estimate of $2.54 billion. Public Service Enterprise Group had a net margin of 10.52% and a trailing twelve-month return on equity of 12.88%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.69 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, February 14th. Shareholders of record on Friday, March 10th will be paid a dividend of $0.57 per share on Friday, March 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend is Thursday, March 9th. This is an increase from the stock's previous quarterly dividend of $0.54. Read our dividend analysis for PEG. What ETFs hold Public Service Enterprise Group's stock? ETFs with the largest weight of Public Service Enterprise Group (NYSE:PEG) stock in their portfolio include VanEck Uranium+Nuclear Energy ETF (NLR), Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Utilities Select Sector SPDR Fund (XLU), First Trust EIP Carbon Impact ETF (ECLN), Vanguard Utilities ETF (VPU), Fidelity MSCI Utilities Index ETF (FUTY) and iShares U.S. Utilities ETF (IDU). 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 3.88%. 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 110.68%. 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 62.13% 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 FY23 earnings guidance on Thursday, March, 9th. The company provided earnings per share guidance of $3.40-3.50 for the period, compared to the consensus estimate of $3.46. 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 shareholders include JPMorgan Chase & Co. (3.94%), Geode Capital Management LLC (2.01%), Legal & General Group Plc (1.35%), Nordea Investment Management AB (1.17%), Morgan Stanley (1.02%) and T. Rowe Price Investment Management Inc. (0.90%). Insiders that own company stock include Daniel J Cregg, Daniel J Cregg, 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 $59.88. How much money does Public Service Enterprise Group make? Public Service Enterprise Group (NYSE:PEG) has a market capitalization of $29.87 billion and generates $9.80 billion in revenue each year. The utilities provider earns $1.03 billion in net income (profit) each year or $2.06 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 3/28/2023 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. 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