Public Service Enterprise Group, Inc. (PEG)

NYSE: PEG · IEX Real-Time Price · USD
68.83
+1.22 (1.80%)
At close: Aug 15, 2022 4:03 PM
68.95
+0.12 (0.17%)
After-hours: Aug 15, 2022 7:22 PM EDT
1.80%
Market Cap 34.34B
Revenue (ttm) 9.35B
Net Income (ttm) -990.00M
Shares Out 498.86M
EPS (ttm) -2.59
PE Ratio n/a
Forward PE 19.19
Dividend $2.10 (3.05%)
Ex-Dividend Date Sep 8, 2022
Volume 3,238,954
Open 67.60
Previous Close 67.61
Day's Range 67.41 - 68.93
52-Week Range 58.19 - 75.61
Beta 0.57
Analysts Buy
Price Target 73.44 (+6.7%)
Earnings Date Aug 2, 2022

About PEG

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, 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, 2021, it had electric transmission and distribut... [Read more...]

Industry Multi-Utilities
CEO Ralph Izzo
Employees 12,684
Stock Exchange NYSE
Ticker Symbol PEG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for PEG stock is "Buy." The 12-month stock price forecast is 73.44, which is an increase of 6.70% from the latest price.

Price Target
$73.44
(6.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PSEG (PEG) Q2 Earnings Miss Estimates, Revenues Rise Y/Y

PSEG's (PEG) second-quarter 2022 adjusted earnings miss the Zacks Consensus Estimate by 1.5%. However, revenues increase 10.8% on a year-over-year basis.

PSEG (PEG) Q2 Earnings Lag Estimates

PSEG (PEG) delivered earnings and revenue surprises of -1.54% and 6.86%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

PSEG ANNOUNCES 2022 SECOND QUARTER RESULTS

NET INCOME OF $0.26 PER SHARE NON-GAAP OPERATING EARNINGS OF $0.64 PER SHARE PSE&G to Invest $511 Million through Infrastructure Advancement Program Re-Affirms 2022 Non-GAAP Operating Earnings Guidance ...

PSEG (PEG) Set to Report Q2 Earnings: What's in the Offing?

PSEG (PEG) second-quarter results are likely to reflect a positive impact on sales from favorable weather conditions and a negative impact of extreme weather conditions.

Analysts Estimate PSEG (PEG) to Report a Decline in Earnings: What to Look Out for

PSEG (PEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PAM or PEG: Which Is the Better Value Stock Right Now?

PAM vs. PEG: Which Stock Is the Better Value Option?

Other symbols: PAM

PSEG DECLARES REGULAR QUARTERLY DIVIDEND FOR THIRD QUARTER OF 2022

NEWARK, N.J. , July 19, 2022  /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.54 per share dividend on the outstanding common stock of the compan...

These 10 stocks from a sector that is a bear-market bulwark have upside potential of up to 30%

During times of uncertainty, it can help to look at what happened during other down cycles for stocks.

WEC or PEG: Which Utility Stock Should Be Your Pick in 2022?

On the back of a more robust estimate revision, solid capital investment and low debt-to-capital ratio, WEC Energy (WEC) seems better placed than Public Service Enterprise (PEG).

Other symbols: WEC

PSEG Long Island Offers Payment Plans, Other Assistance to Help Avoid Shutoffs

As shutoffs resume after more than two years, low- and moderate-income customers will continue to have assistance with bills and may be eligible for new protections UNIONDALE, N.Y. , June 30, 2022 /PRNe...

PSE&G to invest $511 million in 4 years to modernize, boost reliability during 'extreme weather'

Public Service Enterprise Group Inc. PEG, -0.23% , also known as PSE&G, said the New Jersey Board of Public Utilities has approved its Infrastructure Advancement Program (IAP), which allows it to invest...

PSE&G Gains Approval to Fast Track Grid Modernization Efforts

Investments to Provide Customers With Better Reliability Improvements Will Help Meet Changing Customer Needs and Expedite Transition to EVs Program Will Help Achieve N.J. Energy Master Plan Goals NEWARK...

PSEG Long Island Is Prepared for Summer 2022

UNIONDALE, N.Y. , June 8, 2022 /PRNewswire/ -- As the approaching 10th anniversary of Superstorm Sandy reminds us of the effects weather can have on the electric system, PSEG Long Island is announcing t...

PSEG (PEG) Q1 Earnings Beat Estimates, Revenues Fall Y/Y

Public Service Enterprise's (PEG) first-quarter 2022 adjusted earnings beat the Zacks Consensus Estimate by 19.8%. Meanwhile, revenues decline 19.9% on a year-over-year basis.

PSEG (PEG) Surpasses Q1 Earnings Estimates

PSEG (PEG) delivered earnings and revenue surprises of 19.82% and 8.91%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

PSEG ANNOUNCES 2022 FIRST QUARTER RESULTS

NET LOSS OF

Utility Stocks Q1 Earnings Due on May 3: CNP, EIX & More

Total Q1 earnings of Utility stocks are expected to increase 9.3% year over year, while revenues are likely to decline 8%. CNP, EIX, CMS, PEG & CPK are set to report Q1 results on May 3

Other symbols: CMSCNPCPKEIX

What Awaits Public Service Enterprise (PEG) in Q1 Earnings?

Public Service Enterprise's (PEG) Q1 results are likely to reflect unfavorable weather impacts

The PSEG Foundation Joins New Jersey Hall of Fame as a Partner

NEWARK, N.J. , April 27, 2022 /PRNewswire/ -- PSEG and The PSEG Foundation have joined the New Jersey Hall of Fame (NJHOF) as a partner, helping tell the story of New Jersey's greatness throughout the G...

Earnings Preview: PSEG (PEG) Q1 Earnings Expected to Decline

PSEG (PEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ocean Wind 1 Awards New Jersey Business with Onshore Cable Contract and Multi-Substation Construction to American EPC...

ATLANTIC CITY, N.J.--(BUSINESS WIRE)--Marking major milestones in the development of New Jersey's first offshore wind project, Ocean Wind 1 announced the award of its first three major construction cont...

Dr. Shirley Ann Jackson to Retire From PSEG Board of Directors

PSEG Elects Susan Tomasky as Lead Director; Adds New Board Seat; Elects Jamie Gentoso, Valerie Smith to Board NEWARK, N.J. , April 19, 2022 /PRNewswire/ -- Public Service Enterprise Group Inc. (PSEG) an...

PSEG DECLARES REGULAR QUARTERLY DIVIDEND FOR SECOND QUARTER OF 2022

NEWARK, N.J. , April 19, 2022 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.54 per share dividend on the outstanding common stock of the compan...

PSEG's Chairman, President and CEO Ralph Izzo Announces Plans to Retire at End of 2022

PSEG Board of Directors Elects PSEG COO Ralph LaRossa next President & CEO NEWARK, N.J. , April 19, 2022 /PRNewswire/ -- PSEG announced today that Ralph Izzo, chair, president and CEO, will retire from ...

PSE&G Trains Workers for Clean Energy Jobs

Utility Aims to Prepare 2,000 People from Underserved Communities for Careers in Energy NEWARK, N.J. , April 6, 2022 /PRNewswire/ -- PSE&G has kicked off a novel initiative to provide low- to moderate-i...