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Public Service Enterprise Group (PEG) Competitors

$73.55
-0.78 (-1.05%)
(As of 05/23/2024 ET)

PEG vs. ED, WEC, PCG, AEE, CMS, NI, EXC, XEL, LNT, and EVRG

Should you be buying Public Service Enterprise Group stock or one of its competitors? The main competitors of Public Service Enterprise Group include Consolidated Edison (ED), WEC Energy Group (WEC), PG&E (PCG), Ameren (AEE), CMS Energy (CMS), NiSource (NI), Exelon (EXC), Xcel Energy (XEL), Alliant Energy (LNT), and Evergy (EVRG). These companies are all part of the "electric & other services combined" industry.

Public Service Enterprise Group vs.

Consolidated Edison (NYSE:ED) and Public Service Enterprise Group (NYSE:PEG) are both large-cap utilities companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, community ranking, dividends, valuation, earnings, media sentiment, institutional ownership and profitability.

Consolidated Edison has a beta of 0.34, indicating that its stock price is 66% less volatile than the S&P 500. Comparatively, Public Service Enterprise Group has a beta of 0.56, indicating that its stock price is 44% less volatile than the S&P 500.

Public Service Enterprise Group has lower revenue, but higher earnings than Consolidated Edison. Consolidated Edison is trading at a lower price-to-earnings ratio than Public Service Enterprise Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Consolidated Edison$14.66B2.21$2.52B$5.2118.02
Public Service Enterprise Group$11.24B3.26$2.56B$3.6120.37

Public Service Enterprise Group has a net margin of 17.65% compared to Public Service Enterprise Group's net margin of 12.43%. Consolidated Edison's return on equity of 11.10% beat Public Service Enterprise Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Consolidated Edison12.43% 8.79% 2.85%
Public Service Enterprise Group 17.65%11.10%3.37%

Public Service Enterprise Group received 138 more outperform votes than Consolidated Edison when rated by MarketBeat users. Likewise, 56.73% of users gave Public Service Enterprise Group an outperform vote while only 41.46% of users gave Consolidated Edison an outperform vote.

CompanyUnderperformOutperform
Consolidated EdisonOutperform Votes
376
41.46%
Underperform Votes
531
58.54%
Public Service Enterprise GroupOutperform Votes
514
56.73%
Underperform Votes
392
43.27%

In the previous week, Public Service Enterprise Group had 4 more articles in the media than Consolidated Edison. MarketBeat recorded 18 mentions for Public Service Enterprise Group and 14 mentions for Consolidated Edison. Consolidated Edison's average media sentiment score of 0.75 beat Public Service Enterprise Group's score of 0.70 indicating that Public Service Enterprise Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Consolidated Edison
7 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Public Service Enterprise Group
9 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

66.3% of Consolidated Edison shares are owned by institutional investors. Comparatively, 73.3% of Public Service Enterprise Group shares are owned by institutional investors. 0.2% of Consolidated Edison shares are owned by insiders. Comparatively, 0.6% of Public Service Enterprise Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Consolidated Edison currently has a consensus price target of $88.46, indicating a potential downside of 5.76%. Public Service Enterprise Group has a consensus price target of $68.31, indicating a potential downside of 7.13%. Given Public Service Enterprise Group's higher probable upside, analysts plainly believe Consolidated Edison is more favorable than Public Service Enterprise Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Consolidated Edison
4 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.75
Public Service Enterprise Group
0 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.62

Consolidated Edison pays an annual dividend of $3.32 per share and has a dividend yield of 3.5%. Public Service Enterprise Group pays an annual dividend of $2.40 per share and has a dividend yield of 3.3%. Consolidated Edison pays out 63.7% of its earnings in the form of a dividend. Public Service Enterprise Group pays out 66.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Consolidated Edison has increased its dividend for 51 consecutive years and Public Service Enterprise Group has increased its dividend for 13 consecutive years. Consolidated Edison is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Public Service Enterprise Group beats Consolidated Edison on 15 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PEG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PEG vs. The Competition

MetricPublic Service Enterprise GroupElectric & other services combined IndustryUtilities SectorNYSE Exchange
Market Cap$36.63B$16.91B$11.97B$17.70B
Dividend Yield3.19%3.54%4.01%3.44%
P/E Ratio20.3714.01102.0325.71
Price / Sales3.261.8826.9010.52
Price / Cash11.897.9516.4019.39
Price / Book2.331.611.845.88
Net Income$2.56B$815.04M$594.45M$976.87M
7 Day Performance-0.90%-2.82%-1.82%-1.92%
1 Month Performance10.62%1.95%9.01%2.13%
1 Year Performance19.96%-8.28%2.82%19.77%

Public Service Enterprise Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ED
Consolidated Edison
3.7828 of 5 stars
$96.64
-0.2%
$88.46
-8.5%
0.0%$33.42B$14.66B18.5514,592
WEC
WEC Energy Group
4.4098 of 5 stars
$84.42
-0.5%
$86.29
+2.2%
-9.2%$26.66B$8.89B18.437,000Analyst Revision
Positive News
PCG
PG&E
2.3016 of 5 stars
$18.01
+0.8%
$19.11
+6.1%
+12.0%$51.86B$24.43B16.0828,010Dividend Announcement
AEE
Ameren
4.5898 of 5 stars
$74.90
+0.6%
$79.90
+6.7%
-13.6%$19.97B$7.50B17.229,372Insider Selling
CMS
CMS Energy
4.6031 of 5 stars
$62.39
flat
$63.75
+2.2%
+3.8%$18.60B$7.46B19.028,356Positive News
NI
NiSource
4.3864 of 5 stars
$28.87
+0.2%
$29.71
+2.9%
+2.6%$12.94B$5.25B18.877,411Positive News
EXC
Exelon
2.4672 of 5 stars
$38.40
+0.7%
$38.83
+1.1%
-8.4%$38.40B$21.73B16.5519,962Positive News
XEL
Xcel Energy
4.3202 of 5 stars
$55.56
-0.5%
$62.83
+13.1%
-17.6%$30.87B$14.21B16.6811,311Dividend Cut
LNT
Alliant Energy
4.5076 of 5 stars
$51.36
+0.0%
$51.38
+0.0%
-4.6%$13.17B$4.03B18.683,281Positive News
EVRG
Evergy
2.8189 of 5 stars
$55.30
-0.8%
$57.83
+4.6%
-9.1%$12.82B$5.54B17.904,658

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This page (NYSE:PEG) was last updated on 5/24/2024 by MarketBeat.com Staff

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