Should I buy or sell Public Service Enterprise Group stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PEG shares. View PEG analyst ratings or view top-rated stocks .

What is Public Service Enterprise Group's stock price target for 2024?

12 brokers have issued 1 year target prices for Public Service Enterprise Group's stock. Their PEG share price targets range from $60.00 to $73.00. On average, they predict the company's stock price to reach $67.58 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View analysts price targets for PEG or view top-rated stocks among Wall Street analysts .

How have PEG shares performed in 2024?

Public Service Enterprise Group's stock was trading at $61.15 at the beginning of 2024. Since then, PEG stock has increased by 5.1% and is now trading at $64.27. View the best growth stocks for 2024 here .

When is Public Service Enterprise Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our PEG earnings forecast .

How can I listen to Public Service Enterprise Group's earnings call?

Public Service Enterprise Group will be holding an earnings conference call on Tuesday, April 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Public Service Enterprise Group's earnings last quarter?

Public Service Enterprise Group Incorporated (NYSE:PEG) posted its earnings results on Monday, February, 26th. The utilities provider reported $0.54 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.02. The utilities provider had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.45 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 11.53% and a net margin of 22.81%. The firm's revenue was down 17.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 earnings per share. Read the conference call transcript .

How often does Public Service Enterprise Group pay dividends? What is the dividend yield for Public Service Enterprise Group?

Public Service Enterprise Group declared a quarterly dividend on Tuesday, February 13th. Investors of record on Friday, March 8th will be paid a dividend of $0.60 per share on Friday, March 29th. This represents a $2.40 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from the stock's previous quarterly dividend of $0.57. Read our dividend analysis for PEG .

Is Public Service Enterprise Group a good dividend stock?

Public Service Enterprise Group (NYSE:PEG) pays an annual dividend of $2.40 per share and currently has a dividend yield of 3.64%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PEG will have a dividend payout ratio of 60.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PEG .

What ETFs hold Public Service Enterprise Group's stock?

ETFs with the largest weight of Public Service Enterprise Group (NYSE:PEG) stock in their portfolio include VanEck Uranium+Nuclear Energy ETF (NLR) , Virtus Reaves Utilities ETF (UTES) , Utilities Select Sector SPDR Fund (XLU) , Invesco S&P 500 Equal Weight Utilities ETF (RYU) , Invesco S&P 500 Equal Weight Utilities ETF (RSPU) , First Trust Utilities AlphaDEX Fund (FXU) , Fidelity MSCI Utilities Index ETF (FUTY) and Vanguard Utilities ETF (VPU) .

What guidance has Public Service Enterprise Group issued on next quarter's earnings?

Public Service Enterprise Group issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 3.600-3.700 for the period, compared to the consensus earnings per share estimate of 3.680. The company issued revenue guidance of -.

What is Ralph Izzo's approval rating as Public Service Enterprise Group's CEO?

203 employees have rated Public Service Enterprise Group Chief Executive Officer Ralph Izzo on Glassdoor.com . Ralph Izzo has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Public Service Enterprise Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Public Service Enterprise Group investors own include AT&T (T) , Verizon Communications (VZ) , Johnson & Johnson (JNJ) , Pfizer (PFE) , Exxon Mobil (XOM) , Intel (INTC) , Cisco Systems (CSCO) , Procter & Gamble (PG) , Chevron (CVX) and AbbVie (ABBV) .

Who are Public Service Enterprise Group's major shareholders?

Public Service Enterprise Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.04%), Tompkins Financial Corp (0.03%), First National Bank of Mount Dora Trust Investment Services (0.03%), Keystone Financial Planning Inc. (0.02%), Edge Wealth Management LLC (0.02%) and Los Angeles Capital Management LLC (0.02%). Insiders that own company stock include Edward S Lampert, Eric Carr, Ralph A Larossa, Ralph A Larossa , Ralph Izzo , Richard T Thigpen, Rose M Chernick and Tamara Louise Linde . View institutional ownership trends .

How do I buy shares of Public Service Enterprise Group?

Shares of PEG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:PEG

Public Service Enterprise Group (PEG) Stock Price, News & Analysis

→ Could Bitcoin Literally FORCE This Crypto To Rocket Up? (From Paradigm Press) (Ad)

Free PEG Stock Alerts

$64.27

-0.93 (-1.43%)

(As of 04/16/2024 ET)

Compare

Today's Range: $64.03
▼
$65.07
50-Day Range: $58.21
▼
$67.20
52-Week Range: $53.71
▼
$67.51

Volume: 2.23 million shs
Average Volume: 2.87 million shs
Market Capitalization: $32.04 billion

P/E Ratio: 12.53
Dividend Yield: 3.73%
Price Target: $67.58

Get Public Service Enterprise Group alerts:

Public Service Enterprise Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 5.2% Upside
$67.58 Price Target
Short Interest: Healthy
1.41% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -3.10
Upright™ Environmental Score
News Sentiment: 0.90
Based on 9 Articles This Week
Insider Trading: Selling Shares
$510,300 Sold Last Quarter
Proj. Earnings Growth: 8.47%
From $3.66 to $3.97 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Utilities Sector

5th out of 90 stocks

Electric & Other Services Combined Industry

1st out of 18 stocks

2.3

Analyst's Opinion

Consensus Rating
Public Service Enterprise Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Public Service Enterprise Group has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
1.41% of the float of Public Service Enterprise Group has been sold short.
Short Interest Ratio / Days to Cover
Public Service Enterprise Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Public Service Enterprise Group has recently decreased by 2.22%, indicating that investor sentiment is improving.

5.0

Dividend Strength

Dividend Leadership
Public Service Enterprise Group is a leading dividend payer. It pays a dividend yield of 3.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Public Service Enterprise Group has been increasing its dividend for 13 years.
Dividend Coverage
The dividend payout ratio of Public Service Enterprise Group is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Public Service Enterprise Group will have a dividend payout ratio of 60.45% next year. This indicates that Public Service Enterprise Group will be able to sustain or increase its dividend.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Public Service Enterprise Group has received a 5.20% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity produced with nuclear fuels", "Electricity produced with natural gas", and "Electricity produced with coal" products. See details.
Environmental Sustainability
The Environmental Impact score for Public Service Enterprise Group is -3.10.

3.3

News and Social Media Coverage

News Sentiment
Public Service Enterprise Group has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Public Service Enterprise Group this week, compared to 6 articles on an average week.
Search Interest
Only 10 people have searched for PEG on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
13 people have added Public Service Enterprise Group to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Public Service Enterprise Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $510,300.00 in company stock.
Percentage Held by Insiders
Only 0.18% of the stock of Public Service Enterprise Group is held by insiders.
Percentage Held by Institutions
73.34% of the stock of Public Service Enterprise Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Public Service Enterprise Group are expected to grow by 8.47% in the coming year, from $3.66 to $3.97 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Public Service Enterprise Group is 12.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Public Service Enterprise Group is 12.53, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 78.10.
Price to Earnings Growth Ratio
Public Service Enterprise Group has a PEG Ratio of 2.88. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Public Service Enterprise Group has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Paradigm Press

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

>>Click here to find out what it is.

About Public Service Enterprise Group Stock (NYSE: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 businesses; and supplies power and natural gas to nuclear power plants and gas storage facilities activities. As of December 31, 2023, it had electric transmission and distribution system of 25,000 circuit miles and 866,600 poles; 56 switching stations with an installed capacity of 39,953 megavolt-amperes (MVA), and 235 substations with an installed capacity of 10,382 MVA; 109 MVA aggregate installed capacity for substations; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. Public Service Enterprise Group Incorporated was founded in 1903 and is based in Newark, New Jersey.

PEG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PEG Stock News Headlines

April 3, 2024 | marketbeat.com

New Jersey's 3 nuclear power plants seek to extend licenses for another 20 years

The company that owns New Jersey’s three nuclear power plants says it will seek federal approval to operate them for another 20 years

April 3, 2024 | insidertrades.com

Insider Selling: Public Service Enterprise Group Incorporated (NYSE:PEG) CEO Sells 1,374 Shares of Stock

April 16, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 23, 2024 | insidertrades.com

Insider Selling: Public Service Enterprise Group Incorporated (NYSE:PEG) VP Sells 200 Shares of Stock

March 16, 2024 | insidertrades.com

Public Service Enterprise Group Incorporated (NYSE:PEG) SVP Richard T. Thigpen Sells 4,800 Shares

April 16, 2024 | msn.com

Public Service declares $0.60 dividend

April 16, 2024 | prnewswire.com

PSEG Declares Regular Quarterly Dividend for the Second Quarter of 2024

April 16, 2024 | americanbankingnews.com

Public Service Enterprise Group (NYSE:PEG) Given New $71.00 Price Target at Barclays

April 16, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 11, 2024 | nasdaq.com

PEG Crosses Above Average Analyst Target

April 9, 2024 | prnewswire.com

PSEG To Announce First Quarter 2024 Financial Results On April 30

April 5, 2024 | markets.businessinsider.com

Public Service Enterprise (PEG) Receives a Buy from Evercore ISI

April 4, 2024 | msn.com

New center bringing solar energy, jobs to AR county

April 2, 2024 | nasdaq.com

How to Invest in Uranium ETFs (Updated 2024)

April 1, 2024 | msn.com

AI’s Growth Fuels Nuclear Power’s Revival

March 29, 2024 | investorplace.com

Legal Money Printer? 7 No-Brainer Stocks for Endless Income Streams.

March 18, 2024 | ca.finance.yahoo.com

PEG Apr 2024 70.000 call

March 11, 2024 | msn.com

Dominion Energy downgraded at BMO as further re-rating could take longer

March 7, 2024 | nasdaq.com

PEG Quantitative Stock Analysis

March 3, 2024 | finance.yahoo.com

Public Service Enterprise Group Incorporated (NYSE:PEG) Pays A US$0.60 Dividend In Just Three Days

February 28, 2024 | finance.yahoo.com

Public Service Enterprise Group Incorporated Just Beat EPS By 34%: Here's What Analysts Think Will Happen Next

February 28, 2024 | finance.yahoo.com

Public Service Enterprise Group Incorporated (NYSE:PEG) Q4 2023 Earnings Call Transcript

February 27, 2024 | finance.yahoo.com

Q4 2023 Public Service Enterprise Group Inc Earnings Call

February 26, 2024 | seekingalpha.com

Public Service Enterprise Group Incorporated 2023 Q4 - Results - Earnings Call Presentation

February 26, 2024 | finance.yahoo.com

Public Service Enterprise Group Inc (PEG) Reports Strong 2023 Results with Net Income More Than ...

February 26, 2024 | reuters.com

Public Service Enterprise beats Q4 profit estimates on lower operating expenses

February 26, 2024 | prnewswire.com

PSEG ANNOUNCES 2023 RESULTS

See More Headlines

Receive PEG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Public Service Enterprise Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/26/2024
Ex-Dividend for 3/29 Dividend: 3/07/2024
Dividend Payable: 3/29/2024
Today: 4/16/2024
Next Earnings (Confirmed): 4/30/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Utilities
Industry: Electric & other services combined
Sub-Industry: Multi-Utilities
Current Symbol: NYSE:PEG
CUSIP: 74457310
CIK: 788784
Web: www.pseg.com
Phone: (973) 430-7000
Fax: 973-643-3367
Employees: 12,543
Year Founded: 1903

Price Target and Rating

Average Stock Price Target: $67.58
High Stock Price Target: $73.00
Low Stock Price Target: $60.00
Potential Upside/Downside: +5.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.13
Trailing P/E Ratio: 12.53
Forward P/E Ratio: 17.56
P/E Growth: 2.88
Net Income: $2.56 billion
Net Margins: 22.81%
Pretax Margin: 27.42%
Return on Equity: 11.53%
Return on Assets: 3.50%

Debt

Debt-to-Equity Ratio: 1.15
Current Ratio: 0.67
Quick Ratio: 0.46

Sales & Book Value

Annual Sales: $11.24 billion
Price / Sales: 2.85
Cash Flow: $6.17 per share
Price / Cash Flow: 10.42
Book Value: $31.06 per share
Price / Book: 2.07

Miscellaneous

Outstanding Shares: 498,590,000
Free Float: 497,690,000
Market Cap: $32.05 billion
Optionable: Optionable
Beta: 0.58

Social Links

The Best High-Yield Dividend Stocks for 2024

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

Mr. Ralph A. LaRossa (Age 61)
Chair, President & CEO
Comp: $3.17M
Mr. Daniel J. Cregg (Age 60)
Executive VP & CFO
Comp: $1.49M
Ms. Tamara Louise Linde Esq. (Age 59)
Executive VP & General Counsel
Comp: $1.36M
Ms. Kim C. Hanemann (Age 60)
President & COO of Public Service Electric & Gas
Comp: $1.32M
Mr. Charles V. McFeaters (Age 64)
President & Chief Nuclear Officer of PSEG Nuclear LLC
Comp: $1.01M
Mr. Zeeshan Sheikh
Senior VP and Chief Information & Digital Officer
Ms. Carlotta N. Chan
Vice President of Investor Relations
Ms. Courtney McCormick
Senior Vice President of Audit, Enterprise Risk & Compliance
Ms. Karen Cleeve
Vice President of Corporate Communications
Ms. Sheila J. Rostiac (Age 53)
Senior VP of Human Resources, Chief Human Resources & Chief Diversity Officer - Services

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Public Service Enterprise Group Stock? PEG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Public Service Enterprise Group Incorporated:

Public Service Enterprise Group Incorporated has a strong track record of dividend payments, making it an attractive option for income-seeking investors. Dividends are regular payments made by a company to its shareholders, typically out of its profits.
Public Service Enterprise Group Incorporated reported better-than-expected earnings per share (EPS) in the latest quarter, indicating the company's profitability and potential for growth. EPS is a key financial metric that shows a company's profitability.
With a market capitalization of $31.80 billion, Public Service Enterprise Group Incorporated is a sizable company, offering stability and potential for long-term growth.
Public Service Enterprise Group Incorporated has a diversified business model operating in both electric and gas utility sectors, reducing the risk associated with being solely dependent on one industry.
Public Service Enterprise Group Incorporated's stock price has shown resilience, with a 1-year high of $65.59, indicating investor confidence in the company's performance and future prospects.

Cons

Investors should be bearish about investing in Public Service Enterprise Group Incorporated for these reasons:

Public Service Enterprise Group Incorporated's revenue was down 17.0% compared to the same quarter last year, indicating a decline in the company's top-line performance. Revenue is a crucial indicator of a company's financial health and growth potential.
Public Service Enterprise Group Incorporated's debt-to-equity ratio of 1.15 suggests that the company relies heavily on debt financing, which can pose risks during economic downturns or rising interest rates.
The company's quick ratio of 0.46 and current ratio of 0.67 indicate a relatively low liquidity position, which may raise concerns about its ability to meet short-term obligations. Liquidity ratios measure a company's ability to pay off its short-term debts.
Public Service Enterprise Group Incorporated's PEG ratio of 3.52 may indicate that the stock is overvalued relative to its expected earnings growth. The PEG ratio is a valuation metric that factors in a company's growth rate.
Public Service Enterprise Group Incorporated's beta of 0.57 suggests that the stock is less volatile than the market, which may limit potential returns for investors seeking higher-risk investments.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Public Service Enterprise Group pros and cons to contact@marketbeat.com.

PEG Stock Analysis - Frequently Asked Questions

Should I buy or sell Public Service Enterprise Group stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PEG shares.
View PEG analyst ratings or view top-rated stocks.
What is Public Service Enterprise Group's stock price target for 2024?: 12 brokers have issued 1 year target prices for Public Service Enterprise Group's stock. Their PEG share price targets range from $60.00 to $73.00. On average, they predict the company's stock price to reach $67.58 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price.
View analysts price targets for PEG or view top-rated stocks among Wall Street analysts.
How have PEG shares performed in 2024?: Public Service Enterprise Group's stock was trading at $61.15 at the beginning of 2024. Since then, PEG stock has increased by 5.1% and is now trading at $64.27.
View the best growth stocks for 2024 here.
When is Public Service Enterprise Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our PEG earnings forecast.
How can I listen to Public Service Enterprise Group's earnings call?: Public Service Enterprise Group will be holding an earnings conference call on Tuesday, April 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Public Service Enterprise Group's earnings last quarter?: Public Service Enterprise Group Incorporated (NYSE:PEG) posted its earnings results on Monday, February, 26th. The utilities provider reported $0.54 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.02. The utilities provider had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.45 billion. Public Service Enterprise Group had a trailing twelve-month return on equity of 11.53% and a net margin of 22.81%. The firm's revenue was down 17.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 earnings per share.
Read the conference call transcript.
How often does Public Service Enterprise Group pay dividends? What is the dividend yield for Public Service Enterprise Group?: Public Service Enterprise Group declared a quarterly dividend on Tuesday, February 13th. Investors of record on Friday, March 8th will be paid a dividend of $0.60 per share on Friday, March 29th. This represents a $2.40 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from the stock's previous quarterly dividend of $0.57.
Read our dividend analysis for PEG.
Is Public Service Enterprise Group a good dividend stock?: Public Service Enterprise Group (NYSE:PEG) pays an annual dividend of $2.40 per share and currently has a dividend yield of 3.64%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PEG will have a dividend payout ratio of 60.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PEG.

What ETFs hold Public Service Enterprise Group's stock?: ETFs with the largest weight of Public Service Enterprise Group (NYSE:PEG) stock in their portfolio include VanEck Uranium+Nuclear Energy ETF (NLR), Virtus Reaves Utilities ETF (UTES), Utilities Select Sector SPDR Fund (XLU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), First Trust Utilities AlphaDEX Fund (FXU), Fidelity MSCI Utilities Index ETF (FUTY) and Vanguard Utilities ETF (VPU).
What guidance has Public Service Enterprise Group issued on next quarter's earnings?: Public Service Enterprise Group issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 3.600-3.700 for the period, compared to the consensus earnings per share estimate of 3.680. The company issued revenue guidance of -.
What is Ralph Izzo's approval rating as Public Service Enterprise Group's CEO?: 203 employees have rated Public Service Enterprise Group Chief Executive Officer Ralph Izzo on Glassdoor.com. Ralph Izzo has an approval rating of 88% among the company's employees.
What other stocks do shareholders of Public Service Enterprise Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Public Service Enterprise Group investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Pfizer (PFE), Exxon Mobil (XOM), Intel (INTC), Cisco Systems (CSCO), Procter & Gamble (PG), Chevron (CVX) and AbbVie (ABBV).
Who are Public Service Enterprise Group's major shareholders?: Public Service Enterprise Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.04%), Tompkins Financial Corp (0.03%), First National Bank of Mount Dora Trust Investment Services (0.03%), Keystone Financial Planning Inc. (0.02%), Edge Wealth Management LLC (0.02%) and Los Angeles Capital Management LLC (0.02%). Insiders that own company stock include Edward S Lampert, Eric Carr, Ralph A Larossa, Ralph A Larossa, Ralph Izzo, Richard T Thigpen, Rose M Chernick and Tamara Louise Linde.
View institutional ownership trends.
How do I buy shares of Public Service Enterprise Group?: Shares of PEG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PEG) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Public Service Enterprise Group (PEG) Stock Price, News & Analysis

Public Service Enterprise Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Public Service Enterprise Group Stock (NYSE:PEG)

PEG Stock Price History

PEG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

Should I Buy Public Service Enterprise Group Stock? PEG Pros and Cons Explained

Pros

Cons

PEG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™