Public Service Enterprise Group Incorporated (PEG)

NYSE: PEG · Real-Time Price · USD
81.44
-1.89 (-2.27%)
Mar 25, 2025, 4:00 PM EST - Market closed
-2.27%
Market Cap 40.60B
Revenue (ttm) 10.29B
Net Income (ttm) 1.77B
Shares Out 498.56M
EPS (ttm) 3.54
PE Ratio 23.01
Forward PE 20.30
Dividend $2.52 (3.09%)
Ex-Dividend Date Mar 10, 2025
Volume 2,615,215
Open 83.64
Previous Close 83.33
Day's Range 80.73 - 83.78
52-Week Range 64.03 - 95.22
Beta 0.62
Analysts Buy
Price Target 90.55 (+11.19%)
Earnings Date Apr 29, 2025

About PEG

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment eng... [Read more]

Sector Utilities
Founded 1903
Employees 13,047
Stock Exchange NYSE
Ticker Symbol PEG
Full Company Profile

Financial Performance

In 2024, PEG's revenue was $10.29 billion, a decrease of -8.43% compared to the previous year's $11.24 billion. Earnings were $1.77 billion, a decrease of -30.86%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for PEG stock is "Buy." The 12-month stock price forecast is $90.55, which is an increase of 11.19% from the latest price.

Price Target
$90.55
(11.19% upside)
Analyst Consensus: Buy
Stock Forecasts

News

As Heating Season Ends, PSEG Long Island Reminds Customers Financial Assistance is Still Available

Nearly 40,000 customers receive monthly bill discount based on enrollment in benefit programs UNIONDALE, N.Y. , March 21, 2025 /PRNewswire/ -- While heating season is drawing to a close and related Ne...

4 days ago - PRNewsWire

For Consumer Protection Week, PSEG Long Island Reminds Customers to Be Alert for Scams

If someone calls and threatens to immediately shut off the power, it's likely fraudulent UNIONDALE, N.Y. , Feb. 28, 2025 /PRNewswire/ -- For National Consumer Protection Week (March 2-8).

25 days ago - PRNewsWire

Public Service Enterprise Group Incorporated (PEG) Q4 2024 Earnings Call Transcript

Public Service Enterprise Group Incorporated (PEG) Q4 2024 Earnings Call Transcript

4 weeks ago - Seeking Alpha

Utility Public Service Enterprise forecasts higher 2025 profit, raises spending plan

U.S. electric and gas utility Public Service Enterprise Group on Tuesday forecast a higher profit for 2025 than the year earlier and raised its five-year capital spending plan to meet growing demand f...

4 weeks ago - Reuters

PSEG ANNOUNCES 2024 RESULTS

$3.54 PER SHARE NET INCOME $3.68 PER SHARE NON-GAAP OPERATING EARNINGS Initiates 2025 Non-GAAP Operating Earnings Guidance of $3.94 - $4.06 Per Share, midpoint up ~9% over 2024 results Extends PSEG's ...

4 weeks ago - PRNewsWire

PSEG Increases 2025 Common Stock Dividend

Indicative Annual Dividend Rate Increases by 5% to $2.52 Per Share PSEG's 118th Year of Paying a Common Dividend to Shareholders NEWARK, N.J. , Feb. 11, 2025 /PRNewswire/ -- The Board of Directors of ...

6 weeks ago - PRNewsWire

PSEG To Announce Fourth Quarter and Full Year 2024 Financial Results On February 25

NEWARK, N.J. , Feb. 4, 2025 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2024 earnings call at 11:00 a.m.

7 weeks ago - PRNewsWire

Public Service Enterprise: Look Elsewhere For Value

Despite decent performance in recent years, Public Service Enterprise Group is a sell due to high capex commitments, single-state risks, an unimpressive dividend, and a premium valuation. Alternatives...

7 weeks ago - Seeking Alpha

Top Nuclear Energy Companies Shaping the Future of Clean Power

By Coulter Regal, CFA, Associate Product Manager Nuclear energy demand is growing. Here are the top ten nuclear energy companies shaping the future of clean power, along with key investing insights.

7 weeks ago - ETF Trends

PSE&G ranked No. 1 for Both Gas and Electric Utility Residential Customer Satisfaction in the East among Large Utilities by J.D.

Second Dual Win Continues Legacy of Excellence NEWARK, N.J. , Jan. 6, 2025 /PRNewswire/ -- Public Service Electric & Gas (PSE&G), New Jersey's largest utility, is proud to announce that J.D.

2 months ago - PRNewsWire

PSEG Foundation Celebrates 10 Years and Nearly $8M in Grants, Empowering Communities Across New Jersey and New York

The Neighborhood Partners Program has supported over 400 nonprofits in 14 counties across New Jersey and Long Island NEWARK, N.J., Dec. 16, 2024 /PRNewswire/ -- The PSEG Foundation celebrated a decade...

3 months ago - PRNewsWire

PSEG Declares Regular Quarterly Dividend for the Fourth Quarter of 2024

NEWARK, N.J. , Nov. 19, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.60 per share dividend on the outstanding common stock of the compa...

4 months ago - PRNewsWire

PSE&G Wins Two Prestigious Awards

PSE&G receives the 2024 ReliabilityOne® Award for Outstanding Metropolitan Service Area Reliability Performance in the Mid-Atlantic Region for the 23rd consecutive year and the 2024 ReliabilityOne® Ou...

4 months ago - PRNewsWire

PEG: Positioned To Profit From AI And Nuclear Power

Public Service Enterprise Group or PSEG is the largest utility in New Jersey, serving 2.4 million electric and 1.9 million natural gas customers. Despite a lower dividend yield than peers, PSEG has de...

4 months ago - Seeking Alpha

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. 4, 2024 /PRNewswire/ -- As winter heating season approaches, PSEG Long Island reminds customers tha...

5 months ago - PRNewsWire

Public Service Enterprise Group Incorporated (PEG) Q3 2024 Earnings Call Transcript

Public Service Enterprise Group Incorporated (NYSE:PEG) Q3 2024 Earnings Conference Call November 4, 2024 11:00 AM ET Company Participants Carlotta Chan - Investor Relations Ralph LaRossa - Chair, Pr...

5 months ago - Seeking Alpha

Public Service Enterprise Group beats Q3 profit estimates on higher sales

Public Service Enterprise Group beat Wall Street estimates for third-quarter profit on Monday, as the electric and gas utility benefited from growth in distribution margins and higher retail sales.

5 months ago - Reuters

PSEG ANNOUNCES THIRD QUARTER 2024 RESULTS

$1.04 PER SHARE NET INCOME $0.90 PER SHARE NON-GAAP OPERATING EARNINGS PSE&G Distribution Base Rate Case Settlement Approved and Implemented PSE&G's Energy Efficiency Programs Expanded and Extended PS...

5 months ago - PRNewsWire

PSE&G Announces Approval of Clean Energy Future-Energy Efficiency II Program to Drive Continued Energy Savings in New Jersey

$4 Billion in Projected Lifetime Bill Savings for Participating Customers NEWARK, N.J., Oct. 30, 2024 /PRNewswire/ -- PSE&G today announced the approval of its Clean Energy Future - Energy Efficiency ...

5 months ago - PRNewsWire

PSEG To Announce Third Quarter 2024 Financial Results On November 4

NEWARK, N.J., Oct. 14, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its third quarter 2024 earnings call at 11:00 a.m.

5 months ago - PRNewsWire

Public Service Enterprise Group (PEG) Announces Settlement Agreement in Rate Case

Public Service Enterprise Group Incorporated (PEG, Financial) has announced a significant development in its ongoing efforts to adjust its electric and gas distribution rates. The company, along with ...

5 months ago - GuruFocus

PSE&G Rate Case Settlement Approved

First Base Rate Increase in Six Years, an Annual Increase of About One Percent NEWARK, N.J. , Oct. 9, 2024 /PRNewswire/ -- Today, the New Jersey Board of Public Utilities (BPU) approved a settlement a...

5 months ago - PRNewsWire

Climate Week 2024: PSEG Long Island Announces Climate Change Resilience Plan

A decade of planning and strengthening the grid has increased reliability and resilience UNIONDALE, N.Y. , Sept. 26, 2024 /PRNewswire/ -- Coinciding with Climate Week 2024, PSEG Long Island and the Lo...

6 months ago - PRNewsWire

PSE&G Lowering Gas Bills by About 5%, Effective Oct. 1

Less volatile commodity prices and solid cost management enabling decrease for customers NEWARK, N.J. , Sept. 26, 2024 /PRNewswire/ -- PSE&G announced today it is lowering gas bills for its residentia...

6 months ago - PRNewsWire

PSEG Executive Vice President and General Counsel Tamara L. Linde to Retire in 2025

PSEG Deputy General Counsel and Chief Litigation Counsel Grace Park Appointed as Executive Vice President and General Counsel to Succeed Linde NEWARK, N.J., Sept. 17, 2024 /PRNewswire/ -- As part of a...

6 months ago - PRNewsWire