Public Service Enterprise Group Incorporated (PEG)

NYSE: PEG · IEX Real-Time Price · USD
61.15
+0.18 (0.30%)
Dec 29, 2023, 4:00 PM EST - Market closed
0.30%
Market Cap 30.47B
Revenue (ttm) 11.77B
Net Income (ttm) 2.81B
Shares Out 498.31M
EPS (ttm) 5.61
PE Ratio 10.90
Forward PE 17.18
Dividend $2.28 (3.73%)
Ex-Dividend Date Dec 7, 2023
Volume 1,406,696
Open 60.67
Previous Close 60.97
Day's Range 60.60 - 61.19
52-Week Range 53.71 - 65.46
Beta 0.60
Analysts Buy
Price Target 64.94 (+6.2%)
Earnings Date Feb 20, 2024

About PEG

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in Mid-Atlantic United States. The company operates through 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, 2022, it had electric transmission and distribution system of 25,000 circu... [Read more]

Sector Utilities
CEO Ralph A. LaRossa
Employees 12,525
Stock Exchange NYSE
Ticker Symbol PEG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for PEG stock is "Buy." The 12-month stock price forecast is $64.94, which is an increase of 6.20% from the latest price.

Price Target
$64.94
(6.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PSE&G Files Scheduled Rate Case, Its First in Nearly 6 Years

PSE&G Prioritizes Affordability while Enhancing Reliability NEWARK, N.J. , Dec. 29, 2023 /PRNewswire/ -- PSE&G, New Jersey's largest electric and gas utility, today filed its scheduled rate case with ...

2 days ago - PRNewsWire

PSEG Initiates 2024 Non-GAAP Operating Earnings Guidance

NEWARK, N.J., Dec. 19, 2023 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) has initiated 2024 non-GAAP Operating Earnings guidance in the range of $3.60 to $3.70 per share.

12 days ago - PRNewsWire

PSE&G is #1 for Residential and Business Customer Satisfaction among Large Electric utilities in the East Region

NEWARK, N.J., Dec. 14, 2023 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) once again secured the top spot in the J.D.

17 days ago - PRNewsWire

These 3 Utilities Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Public Service Enterprise (NYSE:PEG), Sempra (NYSE:SRE)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: SREXEL
27 days ago - Benzinga

PSEG Declares Regular Quarterly Dividend for the Fourth Quarter of 2023

NEWARK, N.J. , Nov. 21, 2023 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.57 per share dividend on the outstanding common stock of the compa...

5 weeks ago - PRNewsWire

PSEG Launches 2023 Sustainability Report - First Report Released Under Chair, President and CEO Ralph LaRossa

Report highlights company's impact, focus on sustainability, biodiversity and business predictability PSEG marks 100% carbon-free generation milestone NEWARK, N.J., Nov. 17, 2023 /PRNewswire/ -- PSEG ...

6 weeks ago - PRNewsWire

With Winter Heating Season Nearing, PSEG Long Island Customers May Be Eligible for Assistance

Company reminds those struggling with bills that state programs are available UNIONDALE, N.Y. , Nov. 2, 2023 /PRNewswire/ -- As winter heating season approaches, PSEG Long Island reminds customers tha...

2 months ago - PRNewsWire

PSEG Announces Third Quarter 2023 Results

$0.27 Per Share Net Income $0.85 Per Share Non-GAAP Operating Earnings Re-Affirms Full-Year 2023 Non-GAAP Operating EPS Guidance Range of $3.40 - $3.50  NEWARK, N.J. , Oct. 31, 2023 /PRNewswire/ -- Pu...

2 months ago - PRNewsWire

PSEG To Announce Third Quarter 2023 Financial Results On October 31

NEWARK, N.J., Sept. 26, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its third quarter 2023 earnings call at 11:00 a.m.

3 months ago - PRNewsWire

Top Wall Street analysts are bullish on these dividend stocks

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Chevron and Broadcom.

Other symbols: AVGOBMYCVXSO
3 months ago - CNBC

PSEG Elects Kenneth Y. Tanji to Board of Directors

NEWARK, N.J., Sept. 21, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Kenneth Y.

3 months ago - PRNewsWire

PSEG Announces Second Quarter 2023 Results

$1.18 Per Share Net Income  $0.70 Per Share Non-GAAP Operating Earnings  Re-Affirms Full-Year 2023 Non-GAAP Operating EPS Guidance Range of $3.40 - $3.50  NEWARK, N.J., Aug. 1, 2023 /PRNewswire/ -- Pu...

5 months ago - PRNewsWire

PSEG Declares Regular Quarterly Dividend for Third Quarter of 2023

NEWARK, N.J. , July 17, 2023 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.57 per share dividend on the outstanding common stock of the compa...

5 months ago - PRNewsWire

Donnelly Energy Becomes Cobblestone Creek Country Club's Energy Efficiency Ace on the Fairway

WAYNE, N.J., July 11, 2023 /PRNewswire/ -- Donnelly Energy is excited to announce Cobblestone Creek Country Club has completed its first phase of energy efficiency upgrades through PSE&G's Direct Inst...

6 months ago - PRNewsWire

PSEG To Announce Second Quarter 2023 Financial Results On August 1

NEWARK, N.J. , July 3, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its second quarter 2023 earnings call at 11:00 a.m.

6 months ago - PRNewsWire

PSEG Celebrates 120 Years of Powering New Jersey's Past, Present and Future

PSEG Powers Campbell, Marcal Paper, New Jersey Transit, The Okonite Company , the Statue of Liberty and 65% of the State's Electric Vehicles NEWARK, N.J., June 21, 2023 /PRNewswire/ -- In 2023, PSEG i...

6 months ago - PRNewsWire

PSEG Celebrates Its Many Generations of PSEG Employees and Families that Helped Power 120 Years of New Jersey's Past, Present and Future

NEWARK, N.J. , June 21, 2023 /PRNewswire/ -- In 2023, PSEG is celebrating 120 years of powering our lives: home, work, family and community.

6 months ago - PRNewsWire

PSE&G's Energy Efficiency Programs Expected to Lead to Approximately $300 Million Saved and Over One Million Metric Tons of Carbon Dioxide Emissions Reduced/Avoided Annually

Customers Participating in PSE&G's Energy Efficiency Programs to Save Over 1.4 Million Megawatt Hours of Electricity Per Year – Enough to Power Over 200,000 Homes for One Year NEWARK, N.J. , June 14, ...

7 months ago - PRNewsWire

PSEG Completes Sale of its 25% Equity Interest in Ocean Wind 1 to Ørsted N.A.

NEWARK, N.J. , May 31, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated today announced that it has completed the sale of its 25% equity interest in the 1,100-megawatt Ocean Wind 1 pr...

7 months ago - PRNewsWire

PSEG Announces First Quarter 2023 Results

$2.58 Per Share Net Income $1.39 Per Share Non-GAAP Operating Earnings Re-Affirms Full-Year 2023 Non-GAAP Operating EPS Guidance Range of $3.40 - $3.50 NEWARK, N.J. , May 2, 2023 /PRNewswire/ -- Publi...

8 months ago - PRNewsWire

PSEG Declares Regular Quarterly Dividend for Second Quarter of 2023

NEWARK, N.J. , April 18, 2023 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.57 per share dividend on the outstanding common stock of the comp...

9 months ago - PRNewsWire

PSEG 2023 Investor Conference Highlights Improved Business Mix and Platform for Predictable Growth

PSE&G Outlines Capital Investment Program Focused on Infrastructure Modernization and Decarbonization; PSEG Power to Retain Nuclear Fleet; PSEG to Exit Offshore Wind Generation NEWARK, N.J. , March 9,...

10 months ago - PRNewsWire

For Consumer Protection Week, Get to Know the Telltale Signs of a Scam

PSEG Long Island urges customers to think twice if someone calls and threatens to immediately shut off their power [For a short, informational PSEG Long Island video that can be embedded in stories pu...

10 months ago - PRNewsWire

PSE&G Proposes Third Phase of Gas System Modernization Program that Strengthens the State's Infrastructure and Sustains Thousands of Jobs

Proposal includes plans for introducing renewable natural gas and hydrogen into PSE&G's gas system, supporting a balanced approach to decarbonization NEWARK, N.J. , March 1, 2023 /PRNewswire/ -- PSE&G...

10 months ago - PRNewsWire

PSEG 2023 Investor Conference to be Held on March 10

NEWARK, N.J. , Feb. 24, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its 2023 investor conference from 9 a.m.

11 months ago - PRNewsWire