Public Service Enterprise Group Incorporated (PEG)

NYSE: PEG · IEX Real-Time Price · USD
67.82
-0.27 (-0.40%)
Apr 26, 2024, 4:00 PM EDT - Market closed
-0.40%
Market Cap 33.81B
Revenue (ttm) 11.24B
Net Income (ttm) 2.56B
Shares Out 498.59M
EPS (ttm) 5.13
PE Ratio 13.22
Forward PE 18.35
Dividend $2.40 (3.54%)
Ex-Dividend Date Jun 7, 2024
Volume 2,810,804
Open 68.13
Previous Close 68.09
Day's Range 67.66 - 68.39
52-Week Range 53.71 - 68.39
Beta 0.60
Analysts Buy
Price Target 67.00 (-1.21%)
Earnings Date Apr 30, 2024

About PEG

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business 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 engages in nuclear generation... [Read more]

Sector Utilities
CEO Ralph A. LaRossa
Employees 12,543
Stock Exchange NYSE
Ticker Symbol PEG
Full Company Profile

Financial Performance

In 2023, PEG's revenue was $11.24 billion, an increase of 14.66% compared to the previous year's $9.80 billion. Earnings were $2.56 billion, an increase of 148.59%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for PEG stock is "Buy." The 12-month stock price forecast is $67.0, which is a decrease of -1.21% from the latest price.

Price Target
$67.0
(-1.21% downside)
Analyst Consensus: Buy
Stock Forecasts

News

PSEG Declares Regular Quarterly Dividend for the Second Quarter of 2024

NEWARK, N.J. , April 16, 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 com...

10 days ago - PRNewsWire

PSEG To Announce First Quarter 2024 Financial Results On April 30

NEWARK, N.J. , April 9, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2024 earnings call at 11:00 a.m.

17 days ago - PRNewsWire

Public Service Enterprise beats Q4 profit estimates on lower operating expenses

U.S. energy company Public Service Enterprise Group narrowly beat fourth-quarter profit estimates on Monday, benefiting from lower operating expenses.

2 months ago - Reuters

PSEG ANNOUNCES 2023 RESULTS

$5.13 PER SHARE NET INCOME $3.48 PER SHARE NON-GAAP OPERATING EARNINGS Reaffirms 2024 Non-GAAP Operating Earnings Guidance of $3.60 - $3.70 Per Share NEWARK, N.J., Feb. 26, 2024 /PRNewswire/ -- Public...

2 months ago - PRNewsWire

PSEG Increases 2024 Common Stock Dividend

Indicative Annual Dividend Rate Increases to $2.40 Per Share Marks PSEG's 117th Year of Paying a Common Dividend NEWARK, N.J. , Feb. 13, 2024 /PRNewswire/ -- The Board of Directors of Public Service E...

2 months ago - PRNewsWire

PSEG Long Island Urges Customers to Know What to Do if Visited by Someone Dressed as a Utility Worker

PSEG Long Island employees will never insist and in most cases do not need to come inside UNIONDALE, N.Y. , Feb. 9, 2024 /PRNewswire/ -- In light of a recent home invasion incident in Nassau County in...

2 months ago - PRNewsWire

PSEG To Announce Fourth Quarter and Full Year 2023 Financial Results On Feb. 26

NEWARK, N.J. , Jan. 26, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2023 earnings call at 11:00 a.m.

3 months ago - PRNewsWire

PSEG Elects Ricardo G. Pérez to Board of Directors

NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G.

3 months ago - PRNewsWire

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 ...

4 months 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.

4 months 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.

4 months 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
5 months 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 months 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 ...

5 months 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...

6 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...

6 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.

7 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
7 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.

7 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...

9 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...

10 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...

10 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.

10 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...

11 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.

11 months ago - PRNewsWire