Top-Rated Dividend StocksTop-Rated DividendNYSE:PEG Public Service Enterprise Group (PEG) Stock Price, News & Analysis $84.24 -0.49 (-0.58%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Public Service Enterprise Group Stock (NYSE:PEG) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$83.84▼$85.3150-Day Range$73.93▼$84.7752-Week Range$53.71▼$85.31Volume2.36 million shsAverage Volume2.81 million shsMarket Capitalization$41.96 billionP/E Ratio23.34Dividend Yield2.85%Price Target$77.92Consensus RatingModerate Buy Company OverviewPublic 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.Read More… Has Trump Finally Gone Too Far? (Ad)Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. 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The company's average rating score is 2.79, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoveragePublic Service Enterprise Group has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Public Service Enterprise Group's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth10.33% Earnings GrowthEarnings for Public Service Enterprise Group are expected to grow by 10.33% in the coming year, from $3.68 to $4.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Service Enterprise Group is 23.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Service Enterprise Group is 23.34, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 92.14.Price to Earnings Growth RatioPublic Service Enterprise Group has a PEG Ratio of 3.03. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPublic Service Enterprise Group has a P/B Ratio of 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Public Service Enterprise Group's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.18% of the float of Public Service Enterprise Group has been sold short.Short Interest Ratio / Days to CoverPublic Service Enterprise Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Public Service Enterprise Group has recently increased by 0.17%, indicating that investor sentiment is decreasing. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldPublic Service Enterprise Group pays a meaningful dividend of 2.88%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPublic Service Enterprise Group has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Public Service Enterprise Group is 66.48%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Public Service Enterprise Group will have a dividend payout ratio of 59.11% next year. This indicates that Public Service Enterprise Group will be able to sustain or increase its dividend.Read more about Public Service Enterprise Group's dividend. Sustainability and ESG2.2 / 5Environmental Score-3.10 Percentage of Shares Shorted1.18% of the float of Public Service Enterprise Group has been sold short.Short Interest Ratio / Days to CoverPublic Service Enterprise Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Public Service Enterprise Group has recently increased by 0.17%, indicating that investor sentiment is decreasing. News and Social Media2.6 / 5News Sentiment0.75 News SentimentPublic Service Enterprise Group has a news sentiment score of 0.75. 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 0.53 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Public Service Enterprise Group this week, compared to 8 articles on an average week.Search InterestOnly 9 people have searched for PEG on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Public Service Enterprise Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -70% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 $2,406,965.00 in company stock.Percentage Held by InsidersOnly 0.57% of the stock of Public Service Enterprise Group is held by insiders.Percentage Held by Institutions73.34% 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.Read more about Public Service Enterprise Group's insider trading history. PEG Stock News HeadlinesTamara Louise Linde Sells 9,563 Shares of Public Service Enterprise Group Incorporated (NYSE:PEG) StockSeptember 11, 2024 | insidertrades.comPublic Service Enterprise Group Incorporated (NYSE:PEG) CEO Sells $111,190.82 in StockSeptember 8, 2024 | insidertrades.comThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? Let’s start with diversification and experience. Founded in 2005, this company serves a diverse and expansive customer base with more than 8,000 retail locations, including licensed cannabis dispensaries, smoke shops, and specialty retailers. September 18, 2024 | Greenlane (Ad)PSEG Executive Vice President and General Counsel Tamara L. Linde to Retire in 2025September 17 at 8:30 AM | prnewswire.comPublic Service Enterprise Group (NYSE:PEG) Coverage Initiated at Jefferies Financial GroupSeptember 16 at 6:37 AM | americanbankingnews.comQ3 2024 EPS Estimates for Public Service Enterprise Group Incorporated (NYSE:PEG) Reduced by Zacks ResearchSeptember 16 at 1:43 AM | americanbankingnews.comZacks Research Research Analysts Lift Earnings Estimates for Public Service Enterprise Group Incorporated (NYSE:PEG)September 14, 2024 | americanbankingnews.comWhat Analysts Are Saying About Public Service Enterprise StockSeptember 13, 2024 | benzinga.comSee More Headlines PEG Stock Analysis - Frequently Asked Questions How have PEG shares performed this year? Public Service Enterprise Group's stock was trading at $61.15 on January 1st, 2024. Since then, PEG stock has increased by 37.8% and is now trading at $84.24. View the best growth stocks for 2024 here. How were Public Service Enterprise Group's earnings last quarter? Public Service Enterprise Group Incorporated (NYSE:PEG) issued its quarterly earnings results on Tuesday, July, 30th. The utilities provider reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by $0.01. Public Service Enterprise Group's revenue was up .1% on a year-over-year basis. Read the conference call transcript. Who are Public Service Enterprise Group's major shareholders? Public Service Enterprise Group's top institutional investors include Legal & General Group Plc (1.48%), Massachusetts Financial Services Co. MA (0.75%), Bank of New York Mellon Corp (0.72%) and Hsbc Holdings PLC (0.49%). Insiders that own company stock include Ralph Izzo, Ralph A Larossa, Tamara Louise Linde, Rose M Chernick, Richard T Thigpen and Eric Carr. 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. What other stocks do shareholders of Public Service Enterprise Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Public Service Enterprise Group investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Pfizer (PFE), Exxon Mobil (XOM), Intel (INTC) and Cisco Systems (CSCO). Company Calendar Ex-Dividend for 6/28 Dividend6/07/2024Dividend Payable6/28/2024Last Earnings7/30/2024Ex-Dividend for 9/30 Dividend9/09/2024Today9/18/2024Dividend Payable9/30/2024Next Earnings (Estimated)10/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Utilities - Regulated Electric Sub-IndustryMulti-Utilities Current SymbolNYSE:PEG CUSIP74457310 CIK788784 Webwww.pseg.com Phone(973) 430-7000Fax973-643-3367Employees12,543Year Founded1903Price Target and Rating Average Stock Price Target$77.92 High Stock Price Target$88.00 Low Stock Price Target$60.00 Potential Upside/Downside-7.5%Consensus RatingModerate Buy Rating Score (0-4)2.79 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$3.61 Trailing P/E Ratio23.34 Forward P/E Ratio22.89 P/E Growth3.03Net Income$2.56 billion Net Margins16.12% Pretax Margin17.75% Return on Equity10.72% Return on Assets3.25% Debt Debt-to-Equity Ratio1.16 Current Ratio0.65 Quick Ratio0.46 Sales & Book Value Annual Sales$11.24 billion Price / Sales3.73 Cash Flow$6.39 per share Price / Cash Flow13.18 Book Value$31.06 per share Price / Book2.71Miscellaneous Outstanding Shares498,160,000Free Float495,241,000Market Cap$41.96 billion OptionableOptionable Beta0.60 Social Links Should I Buy Public Service Enterprise Group Stock? PEG Pros and Cons Explained 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 Monday, September 9, 2024. Please send any questions or comments about these Public Service Enterprise Group pros and cons to contact@marketbeat.com. Public Service Enterprise Group Bull Case Here are some ways that investors could benefit from investing in Public Service Enterprise Group Incorporated: Public Service Enterprise Group Incorporated had a strong revenue of $2.42 billion for the quarter, surpassing the consensus estimate of $2.03 billion, indicating robust financial performance. The company's net margin of 16.12% and return on equity of 10.72% showcase efficient management of resources and profitability. Analysts predict that Public Service Enterprise Group Incorporated will post 3.67 EPS for the current year, indicating potential for earnings growth. Recent insider activity, such as EVP Tamara Louise Linde selling shares, could indicate confidence in the company's future prospects. Several research analysts have set new price targets for Public Service Enterprise Group Incorporated, with positive ratings and increased target prices, suggesting a favorable outlook from experts. Public Service Enterprise Group Bear Case Investors should be bearish about investing in Public Service Enterprise Group Incorporated for these reasons: Public Service Enterprise Group's dividend payout ratio is currently 66.48%, which may indicate a significant portion of earnings being distributed as dividends rather than reinvested in the company. This page (NYSE:PEG) was last updated on 9/18/2024 by MarketBeat.com Staff From Our PartnersChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. 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