Public Service Enterprise Group Incorporated (PEG)

NYSE: PEG · IEX Real-Time Price · USD
60.52
+0.08 (0.13%)
Sep 22, 2023, 4:00 PM EDT - Market closed
0.13%
Market Cap 30.21B
Revenue (ttm) 11.59B
Net Income (ttm) 2.78B
Shares Out 499.11M
EPS (ttm) 5.56
PE Ratio 10.88
Forward PE 15.25
Dividend $2.28 (3.77%)
Ex-Dividend Date Sep 7, 2023
Volume 2,015,624
Open 60.23
Previous Close 60.44
Day's Range 59.94 - 60.80
52-Week Range 52.51 - 65.46
Beta 0.60
Analysts Buy
Price Target 65.68 (+8.53%)
Earnings Date Oct 30, 2023

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 13 analysts, the average rating for PEG stock is "Buy." The 12-month stock price forecast is $65.68, which is an increase of 8.53% from the latest price.

Price Target
$65.68
(8.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

2 days 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...

7 weeks 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...

2 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...

2 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.

2 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...

3 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.

3 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, ...

3 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...

4 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...

5 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...

5 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,...

7 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...

7 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...

7 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.

7 months ago - PRNewsWire

PSEG ANNOUNCES 2022 RESULTS

$2.06 PER SHARE NET INCOME $3.47 PER SHARE NON-GAAP OPERATING EARNINGS Narrows Full-Year 2023 non-GAAP Operating Earnings Guidance Range to $3.40 - $3.50 Per Share Affirms outlook for 5%-7% long-term ...

7 months ago - PRNewsWire

Daily Dividend Report: Public Service Enterprise Group, TC Energy, Agree Realty, SS&C Technologies Holdings, Avient

Daily Dividend Report: Public Service Enterprise Group, TC Energy, Agree Realty, SS&C Technologies Holdings, Avient

Other symbols: ADCAVNTSSNCTRP
7 months ago - Forbes

PSEG INCREASES 2023 COMMON STOCK DIVIDEND

Indicative Annual Dividend Rate Increased to $2.28 Per Share 116TH YEAR OF PAYING A COMMON DIVIDEND NEWARK, N.J. , Feb. 14, 2023 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Gro...

7 months ago - PRNewsWire

PSEG To Announce Fourth-Quarter and Full Year 2022 Financial Results On Feb. 21

NEWARK, N.J. , Jan. 27, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth-quarter and full year 2022 earnings call at 11:00 a.m.

8 months ago - PRNewsWire

PSEG to Sell its 25% Equity Stake in Ocean Wind 1 to Ørsted

PSEG will continue to support Ocean Wind 1, and New Jersey offshore wind NEWARK, N.J. , Jan. 18, 2023 /PRNewswire/ -- Public Service Enterprise Group (PSEG) has agreed to sell Ørsted its 25% equity st...

8 months ago - PRNewsWire

PSEG Named One of America's Most JUST Companies by JUST Capital and Media Partner CNBC

JUST Capital Ranks PSEG 4th Among Nation's Utilities NEWARK, N.J. , Jan. 11, 2023 /PRNewswire/ -- PSEG was named one of America's Most JUST Companies and recognized for its commitment to serving its c...

9 months ago - PRNewsWire

PSEG Named to Dow Jones Sustainability Index for 15th Consecutive Year and to Newsweek's America's Most Responsible Companies 2023 List

PSEG Continues its Track Record of Recognition for Excellence in ESG NEWARK, N.J. , Dec. 21, 2022 /PRNewswire/ -- Public Service Enterprise Group (PSEG) has been named to both the Dow Jones Sustainabi...

9 months ago - PRNewsWire

PSE&G: Two First Place J.D. Power Rankings in 2022

Customers ranked PSE&G First in the East among Large Utilities for Both Gas and Electric Utility Residential Customer Satisfaction Studies according to the J.D. Power 2022 Studies NEWARK, N.J.

10 months ago - PRNewsWire

Ralph Izzo Wins 2022 Platts Global Energy Lifetime Achievement Award

Award Highlights Izzo's Visionary Industry Leadership NEWARK, N.J. , Dec. 9, 2022 /PRNewswire/ -- Ralph Izzo, executive chair of the board of directors for PSEG, has received the lifetime achievement ...

10 months ago - PRNewsWire

Final Trades: Estee Lauder, Lennar, Public Service & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: ELLEN
10 months ago - CNBC Television