Public Service Enterprise Group Incorporated PEG
- Market cap
- $33.2B
- P/E
- 16.7×
Follow PEG
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37.85 | 41.67 | 46.19 | 49.97 | 34.75 | 53.77 | 52.51 | 53.71 | 56.85 | 74.67 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 47.41 | 53.28 | 56.68 | 63.88 | 62.15 | 67.05 | 75.61 | 65.46 | 95.22 | 91.26 |
High Price
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| 13,065 | 12,945 | 13,145 | 12,992 | 12,788 | 12,684 | 12,525 | 12,543 | 13,047 | 13,189 |
Employees
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|||
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Revenue/Emp
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| 8,966 | 9,094 | 9,696 | 10,076 | 9,603 | 9,722 | 9,800 | 11,237 | 10,290 | 12,168 |
Revenue
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| 67.64% | 69.45% | 66.74% | 66.53% | 68.18% | 64.01% | 59.00% | 70.99% | 67.03% | 65.82% |
Gross Margin
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| 1,298 | 1,268 | 1,855 | 1,950 | 2,301 | (1,089) | 1,002 | 3,081 | 1,825 | 2,374 |
EBT
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| 14.48% | 13.94% | 19.13% | 19.35% | 23.96% | (11.20%) | 10.22% | 27.42% | 17.74% | 19.51% |
EBT Margin
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| 887 | 1,574 | 1,438 | 1,693 | 1,905 | (648) | 1,031 | 2,563 | 1,772 | 2,111 |
Net Income
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| 1,788 | 2,288 | 1,442 | 1,534 | 1,620 | 1,572 | 1,386 | 1,406 | 1,498 | 1,628 |
Depreciation
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| 17.75 | 18.01 | 19.24 | 19.99 | 19.05 | 19.29 | 19.68 | 22.56 | 20.66 | 24.38 |
Revenue/Sh
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| 1.75 | 3.10 | 2.83 | 3.33 | 3.76 | (1.29) | 2.06 | 5.13 | 3.56 | 4.23 |
Earnings/Sh
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| 6.56 | 6.46 | 5.78 | 6.70 | 6.15 | 3.44 | 3.02 | 7.64 | 4.28 | 6.61 |
Cash Flow/Sh
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| (8.51) | (8.53) | (8.05) | (6.48) | (6.02) | (5.59) | (5.80) | (6.68) | (6.79) | (6.56) |
Capex/Sh
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| (1.95) | (2.07) | (2.27) | 0.23 | 0.13 | (2.14) | (2.78) | 0.97 | (2.50) | 0.05 |
Free CF/Sh
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| 26.00 | 27.42 | 28.53 | 29.94 | 31.71 | 28.65 | 27.57 | 31.08 | 32.36 | 34.03 |
Book Value/Sh
|
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| 505 | 505 | 504 | 504 | 504 | 504 | 498 | 498 | 498 | 499 |
Shares
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| 24.79 | 16.40 | 18.26 | 17.68 | 15.51 | 0.00 | 30.18 | 11.95 | 23.80 | 19.03 |
PE Ratio
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| 2.44 | 2.83 | 2.71 | 2.95 | 3.06 | 3.46 | 3.15 | 2.73 | 4.09 | 3.29 |
PS Ratio
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| 1.67 | 1.86 | 1.82 | 1.97 | 1.84 | 2.33 | 2.25 | 1.98 | 2.61 | 2.36 |
PB Ratio
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| 3.71 | 4.29 | 4.28 | 4.55 | 4.80 | 5.37 | 5.17 | 4.52 | 6.28 | 5.26 |
EV/Sales
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| (33.78) | (37.30) | (36.27) | 398.58 | 677.69 | (43.18) | (31.46) | 200.10 | (43.87) | (318.47) |
EV/FCF
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| 3,313 | 3,260 | 2,913 | 3,379 | 3,102 | 1,736 | 1,503 | 3,806 | 2,133 | 3,298 |
Op' Cash Flow
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| (4,298) | (4,307) | (4,058) | (3,264) | (3,034) | (2,817) | (2,888) | (3,325) | (3,380) | (3,272) |
Capex
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| (985) | (1,047) | (1,145) | 115 | 68 | (1,081) | (1,385) | 481 | (1,247) | 26 |
FCF
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| (22) | (856) | (1,428) | (1,816) | (1,892) | (822) | (2,377) | (1,684) | (2,270) | (1,144) |
Working Cap'
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| 11,783 | 13,610 | 15,478 | 16,223 | 17,243 | 19,438 | 20,270 | 20,233 | 22,707 | 24,074 |
Total Debt
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| 11,360 | 13,297 | 15,301 | 16,076 | 16,700 | 18,620 | 19,805 | 20,179 | 22,582 | 23,942 |
Net Debt
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| 13,130 | 13,847 | 14,377 | 15,089 | 15,984 | 14,438 | 13,729 | 15,477 | 16,114 | 16,982 |
Sh' Equity
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| 2.29% | 3.80% | 3.27% | 3.64% | 3.90% | (1.31%) | 2.11% | 5.15% | 3.36% | 3.76% |
ROA
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| 4.08% | 3.29% | 4.84% | 3.90% | 4.34% | (1.62%) | 2.57% | 6.46% | 3.80% | 4.55% |
ROIC
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| 6.77% | 11.67% | 10.19% | 11.49% | 12.26% | (4.26%) | 7.32% | 17.55% | 11.22% | 12.76% |
ROE
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Public Service Enterprise Group Incorporated peers in Utilities Regulated Electric
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| WEC WEC Energy Group, Inc. | $32.9B | 19.5× | Compare |
| ED Consolidated Edison Inc | $37.9B | 16.9× | Compare |
| AEE Ameren Corporation | $27.5B | 17.3× | Compare |
| PCG Pacific Gas & Electric Co. | $27.1B | 8.9× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| FTS Fortis | $26.9B | 21.5× | Compare |
| EXC Exelon Corporation | $41.4B | 14.8× | Compare |
| XEL Xcel Energy Inc. | $43.4B | 19.0× | Compare |
| DTE DTE Energy Company | $25.2B | 19.1× | Compare |
PEG metrics, ten years each
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
Public Service Enterprise Group Incorporated (PEG) key facts
- Public Service Enterprise Group Incorporated (PEG) is an Utilities Regulated Electric company in the Utilities sector, listed on the New York Stock Exchange.
- Public Service Enterprise Group Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $12.2 billion, up 18.3% from fiscal 2024.
- Net income was $2.1 billion, or $4.23 per share (basic), a net margin of 17.4%.
- As of September 25, 2026, PEG traded at $67.02, a market capitalization of $33.2 billion.
- At that price the stock trades at 16.7× trailing-twelve-month earnings and 2.7× sales.
- Public Service Enterprise Group Incorporated pays an annual dividend of $2.28 per share, a yield of 3.92%, with a payout ratio of 39.9%.
- Return on equity was 12.8% and debt-to-equity 1.42.
Public Service Enterprise Group Incorporated (PEG) Latest News
26 Sep
Public Service Electric & Gas has replaced about 22,000 utility poles, upgraded 32 electric circuits, and built six new high-capacity 13kV stations in New Jersey, boosting reliability and resilience while enabling solar integration and leak reduction. The upgrades support a larger regulated asset base and are cited as a near-term catalyst for Public Service Enterprise Group’s investment narrative, though key risks remain around data-center load conversions and ongoing rate affordability. PEG's plan hinges on long-term regulated grid and gas investments expanding its rate base and earnings, aided by regulatory treatment and load growth. Management disclosed a 2026 dividend increase to $0.67 per share quarterly, signaling cash returns alongside a multiyear capital program. PEG projects $14.3 billion in revenue and $2.6 billion in earnings by 2029, implying about 4.4% revenue growth and roughly $0.6 billion additional earnings. Fair value cited at $85.31, with a ~27% upside. Scale of regulated grid investments and dividend growth tied to a multiyear capital plan could materially shift PEG's earnings base and investor expectations, though regulatory recovery risk remains.
24 Sep
PSE&G reports significant reliability gains from ongoing infrastructure modernization in New Jersey. Since 2023, ~22,000 utility poles were replaced across 20 circuits through July 2026, yielding a 50% reliability lift versus the 2020–2024 average. Upgrades to 32 circuits improved resiliency by 37% and reliability by 31%, with outages and affected customers down about 22% and 23% on those circuits. The utility added six high-capacity 13kV stations to address overloads and support solar, including the Livingston 230kV substation (completed in 2024) that strengthens western Essex County. Gas-system work since 2016 has modernized 1,655 miles of main, with plans to replace 525 miles more in 70 municipalities over three years. PSE&G frames these investments as safer, more reliable today and better prepared for future energy needs and severe weather. Large, multi-year investments in electric and gas infrastructure significantly enhance resilience, capacity, and growth potential, likely influencing future performance and investor sentiment.
22 Sep
PSE&G's energy efficiency programs completed in 2025 generated over $1.15 billion in total economic output, with $2.85 of economic activity per $1 invested. The analysis, by E Source for PSE&G, found about $467 million in related wages and $164 million in local, state and federal tax revenue across New Jersey, and supported roughly 4,737 jobs (11.7 jobs per $1 million invested). The portfolio involved about $404.5 million in investments, ~60,000 participating customers and 75,000 projects. Economic benefits come from direct program investments, supply chains and household spending from wage savings and energy bill savings. PSE&G VP Lauren Thomas says the value extends beyond bill reductions to broader economic activity. The study used IMPLAN and focused on projects completed in 2025. PSE&G's program activity aims to deliver customer savings while delivering statewide economic benefits. Broad NJ economic benefits are reported alongside no direct PEG earnings data.
17 Sep
LSC's Energy Quest 2.0 event incorporates renewable energy themes tied to PEG's utility operations. Renewable energy focus at LSC event signals potential strategic alignment for PEG in clean power initiatives.
26 Aug
PSE&G launches GridSmart Battery Program as residential battery storage pilot. Residential battery storage pilot represents product innovation with moderate effect on operations and positioning.
19 Aug
Pennsylvania enacts new data-center rules that position certain energy companies including Public Service Enterprise Group to benefit from expanded operations. Pennsylvania data-center rule changes open regulatory pathways for PEG to capture higher electricity demand from new facilities.
11 Aug
PSEG (PEG) released its Q2 2026 earnings call transcript covering financial results, operational updates and forward guidance. Earnings call transcript supplies detailed results and outlook that can shift PEG valuation and investor positioning.
5 Aug
Public Service Enterprise Group Incorporated held its Q2 earnings call, covering financial results, revenue figures, earnings per share, and operational updates along with forward guidance. Q2 earnings release and call deliver key financial metrics that typically move PEG shares and shift investor expectations.
PSEG submits proposals to supply power to data centers through PJM’s bilateral contracting process. Proposals open potential long-term supply contracts with data centers in the PJM market.
4 Aug
Public Service Enterprise Group Incorporated held its Q2 2026 earnings call, covering quarterly financial results, operational performance, and forward guidance. Q2 earnings updates typically supply financial metrics that moderately shift near-term investor views without altering long-term strategy.
PEG reports Q2 earnings with analysis of key financial metrics. Q2 earnings and metrics provide moderate insight into PEG financial performance likely affecting near-term sentiment.
PSEG announces second quarter 2026 results. Quarterly earnings releases can move stock prices and short-term sentiment but rarely alter long-term company trajectory.
29 Jun
Comparison between Vistra and Public Service Enterprise Group Incorporated evaluates which utility stock offers stronger performance and outlook for investors. Direct stock comparison between Vistra and PEG can moderately shift investor sentiment and short-term trading activity for PEG.
11 Jun
PSEG Long Island executes grid upgrades to strengthen reliability and support positive investor valuation outlook for Public Service Enterprise Group Incorporated. Grid upgrades enhance PEG operational reliability and investor valuation without indicating transformative strategic shifts.
Public Service Enterprise Group (PEG) valuation is examined amid attention on its grid investment plans. Grid investment plans may moderately influence PEG financial performance and market positioning.
8 Jun
Public Service Enterprise Group Incorporated launches a $500 million senior notes offering viewed as a positive signal for its financial strength and market positioning. Senior notes issuance improves PEG capital access and signals stability with moderate effects on operations and investor views.
10 May
Public Service Enterprise Group (PEG) beat Q1 earnings estimates and reaffirmed its 2026 outlook. Beating Q1 estimates and reaffirming 2026 outlook signals financial strength and boosts investor sentiment significantly.
9 May
Public Service Enterprise Group Incorporated (PEG) emerges as a high-growth utility stock propelled by strong earnings growth. Earnings growth underscores PEG's high-growth potential in the utility sector, moderately impacting financial performance and investor sentiment.
6 May
PSEG CEO states nuclear outlook for New Jersey has improved following the lifting of a moratorium. Lifting the nuclear moratorium directly enhances prospects for PSEG's key nuclear operations in New Jersey, signaling major regulatory relief with strong positive impact on future performance.
5 May
Public Service Enterprise Group Incorporated (PEG) released its Q1 2026 earnings call transcript, covering financial results, operational updates, and forward guidance. Q1 2026 earnings transcript discloses financial results and guidance that could significantly influence PEG's stock price and investor outlook.
Public Service Enterprise Group Incorporated (PEG) Q1 earnings beat expectations, with revenues increasing year-over-year. Q1 earnings surpassing expectations and Y/Y revenue growth directly enhance PEG's financial outlook and investor sentiment.
PSEG (PEG) Q1 earnings and revenues surpassed analyst estimates. Beating Q1 earnings and revenue estimates boosts financial performance and investor confidence, potentially driving stock gains and positive market trajectory.
Public Service Enterprise Group (PSEG) announced first quarter 2026 results. Quarterly earnings releases significantly affect financial performance metrics and investor sentiment toward PEG.
Public Service Enterprise Group Incorporated (PEG) released its Q1 2026 earnings call summary, detailing quarterly financial results, operational updates, and future outlook. Q1 earnings call summary reveals financial performance and guidance, moderately influencing investor sentiment and stock trajectory.
PSEG (PEG) Q1 earnings compared to analyst estimates, with analysis of key metrics including EPS, revenue, and segment performance. Q1 earnings comparison to estimates moderately influences financial performance and investor sentiment.
30 Apr
Public Service Enterprise Group Incorporated (PEG) stock receives $91 price target from analysts amid surging data center demand boosting utility sector prospects. Rising data center demand drives $91 price target for PEG, signaling significant growth in power needs and positive market trajectory.
PSE&G's energy efficiency programs deliver nearly $960 million in annual savings for customers. Energy efficiency programs saving customers $960 million yearly moderately enhance PEG's operational reputation and investor sentiment.
28 Apr
PSEG (PEG) reports earnings next week; Wall Street expects growth. Upcoming earnings report with expected growth may noticeably influence PEG's financial performance and investor sentiment.
24 Apr
Scrapping supermajority rules at Public Service Enterprise Group (PEG) could strengthen its bull case by easing shareholder activism, mergers, or governance changes, potentially boosting investor sentiment and stock performance. Eliminating supermajority rules facilitates significant shareholder-driven strategic shifts, markedly enhancing PEG's governance flexibility and long-term market prospects.
17 Apr
Public Service Enterprise Group (PEG) emerges as a top utility stock driven by robust earnings growth prospects. PEG's earnings growth prospects position it as a leading utility stock, moderately influencing financial performance and investor sentiment.