Utilities -
Regulated Electric - NYSE - US
$ 77.13
-0.772 %
$ 38.5 B
Market Cap
21.79
P/E
1. INTRINSIC VALUE
Balance Sheet
Public Service Enterprise Group Incorporated
| Current Assets | 4.24 B |
| Cash & Short-Term Investments | 125 M |
| Receivables | 1.91 B |
| Other Current Assets | 2.2 B |
| Non-Current Assets | 50.4 B |
| Long-Term Investments | 196 M |
| PP&E | 40.2 B |
| Other Non-Current Assets | 9.98 B |
| Current Liabilities | 6.5 B |
| Accounts Payable | 1.14 B |
| Short-Term Debt | 3.77 B |
| Other Current Liabilities | 1.6 B |
| Non-Current Liabilities | 32 B |
| Long-Term Debt | 19.1 B |
| Other Non-Current Liabilities | 12.9 B |
EFFICIENCY
Earnings Waterfall
Public Service Enterprise Group Incorporated
| Revenue | 10.3 B |
| Cost Of Revenue | 6.75 B |
| Gross Profit | 3.54 B |
| Operating Expenses | 1.19 B |
| Operating Income | 2.35 B |
| Other Expenses | 581 M |
| Net Income | 1.77 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Public Service Enterprise Group Incorporated
| Net Income | 1.77 B |
| Depreciation & Amortization | 1.02 B |
| Capital Expenditures | -3.38 B |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | -884 M |
| Free Cash Flow | -1.25 B |
Wall Street Analysts Price Targets
Public Service Enterprise Group Incorporated
Wall Street analysts predict an average 1-year price target for PEG of $80.8 , with forecasts ranging from
a
low of
$69 to a high of $89 .
PEG Lowest Price Target
Wall Street Target
69 USD
-10.54%
PEG Average Price Target
Wall Street Target
80.8 USD
4.69%
PEG Highest Price Target
Wall Street Target
89 USD
15.39%
4. DIVIDEND
ANALYSIS
0.71%
DIVIDEND YIELD
0.63 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Public Service Enterprise Group Incorporated
Sold
0-3 MONTHS
341 K USD 1
3-6 MONTHS
984 K USD 4
6-9 MONTHS
3.51 M USD 2
9-12 MONTHS
212 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
As Heating Season Ends, PSEG Long Island Reminds Customers Financial Assistance is Still Available
Nearly 40,000 customers receive monthly bill discount based on enrollment in benefit programs UNIONDALE, N.Y. , March 21, 2025 /PRNewswire/ -- While heating season is drawing to a close and related New York State assistance programs are drawing down the remainder of their funds, PSEG Long Island reminds customers struggling with their bills that they can apply for the company's Household Assistance Program year-round.
prnewswire.com
- 4 weeks ago
PSEG Stock Rides on Systematic Investments & Clean Energy Initiatives
PEG is projected to benefit from clean energy initiatives. The company is also investing in transmission and distribution infrastructure to meet customers' demand.
zacks.com
- 1 month ago
For Consumer Protection Week, PSEG Long Island Reminds Customers to Be Alert for Scams
If someone calls and threatens to immediately shut off the power, it's likely fraudulent UNIONDALE, N.Y. , Feb. 28, 2025 /PRNewswire/ -- For National Consumer Protection Week (March 2-8).
prnewswire.com
- 1 month ago
Public Service Enterprise Q4 Earnings Beat, Revenues Decline Y/Y
PEG's fourth-quarter revenues beat the Zacks Consensus Estimate by 6.6%. However, the top line decreases 5.4% from the year-ago level.
zacks.com
- 1 month ago
PSEG (PEG) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for PSEG (PEG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 1 month ago
PSEG (PEG) Q4 Earnings and Revenues Surpass Estimates
PSEG (PEG) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.54 per share a year ago.
zacks.com
- 1 month ago
Utility Public Service Enterprise forecasts higher 2025 profit, raises spending plan
U.S. electric and gas utility Public Service Enterprise Group on Tuesday forecast a higher profit for 2025 than the year earlier and raised its five-year capital spending plan to meet growing demand for power.
reuters.com
- 1 month ago
PSEG ANNOUNCES 2024 RESULTS
$3.54 PER SHARE NET INCOME $3.68 PER SHARE NON-GAAP OPERATING EARNINGS Initiates 2025 Non-GAAP Operating Earnings Guidance of $3.94 - $4.06 Per Share, midpoint up ~9% over 2024 results Extends PSEG's 5% - 7% Non-GAAP Operating Earnings CAGR for 2025-2029, at the Production Tax Credit threshold, from higher 2025 midpoint Raises PSEG's 2025 - 2029 Capital Spending Plan to $22.5 billion - $26 billion, up by $3.5 billion from prior plan Targets PSE&G Rate Base CAGR of 6% - 7.5% for 2025-2029, from ~12% higher YE 2024 balance NEWARK, N.J., Feb. 25, 2025 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the full year and fourth quarter 2024: PSEG Consolidated (unaudited)Full Year Comparative Results Income Diluted Earnings Per Share ($ millions, except per share amounts) FY 2024 FY 2023 FY 2024 FY 2023 Net Income $1,772 $2,563 $3.54 $5.13 Reconciling Items 67 (821) 0.14 (1.65) Non-GAAP Operating Earnings $1,839 $1,742 $3.68 $3.48 Average Shares 500 500 PSEG Consolidated (unaudited)Fourth Quarter Comparative Results Income Diluted Earnings Per Share ($ millions, except per share amounts) 4Q 2024 4Q 2023 4Q 2024 4Q 2023 Net Income $286 $546 $0.57 $1.10 Reconciling Items 135 (275) 0.27 (0.56) Non-GAAP Operating Earnings $421 $271 $0.84 $0.54 Average Shares 500 500 The tables above provide a reconciliation of PSEG's Net Income to non-GAAP Operating Earnings for the fourth quarter and full year.
prnewswire.com
- 1 month ago
Public Service Enterprise Set to Report Q4 Earnings: What to Expect?
PEG's Q4 results are likely to benefit from data center expansion and favorable rate outcomes amid the impact of warm weather conditions.
zacks.com
- 1 month ago
Seeking Clues to PSEG (PEG) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Get a deeper insight into the potential performance of PSEG (PEG) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
zacks.com
- 1 month ago
Public Service Enterprise Rewards Shareholders With 5% Dividend Hike
PEG hikes its quarterly dividend payout to 63 cents per share. The company has a history of paying out quarterly dividends for 118 years in a row.
zacks.com
- 2 months ago
PSEG Increases 2025 Common Stock Dividend
Indicative Annual Dividend Rate Increases by 5% to $2.52 Per Share PSEG's 118th Year of Paying a Common Dividend to Shareholders NEWARK, N.J. , Feb. 11, 2025 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.63 per share quarterly common stock dividend for the first quarter of 2025, payable on or before March 31, 2025, to shareholders of record on March 10, 2025.
prnewswire.com
- 2 months ago
8. Profile
Summary
Public Service Enterprise Group Incorporated PEG
COUNTRY
US
INDUSTRY
Regulated Electric
MARKET CAP
$ 38.5 B
Dividend Yield
0.71%
Description
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 distribution system of 25,000 circuit miles and 862,000 poles; 56 switching stations with an installed capacity of 39,353 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,285 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
Contact
80 Park Plaza, Newark, NJ, 07102
https://www.pseg.com
IPO
Date
Jan. 2, 1980
Employees
13047
Officers
Mr. Daniel J. Cregg
Executive Vice President & Chief Financial Officer
Ms. Kim C. Hanemann
President & Chief Operating Officer of Public Service Electric & Gas
Ms. Sheila J. Rostiac
Senior Vice President of Human Resources, Chief Human Resources & Chief Diversity Officer - Services
Mr. Richard T. Thigpen
Senior Vice President of Corporate Citizenship
Mr. Zeeshan Sheikh
Senior Vice President and Chief Information & Digital Officer
Ms. Carlotta N. Chan
Vice President of Investor Relations
Mr. Ralph A. LaRossa
Chair, President & Chief Executive Officer
Ms. Grace H. Park
Executive Vice President & General Counsel
Ms. Karen Cleeve
Vice President of Corporate Communications
Ms. Rose M. Chernick
Controller & Vice President