- Regulated Electric
- Utilities
-
3.32
EPS
-
23.94
P/E
-
39.5B
MARKET CAP
-
2.95%
DIV YIELD
Company Overview
CORPORATE ACCOUNTING SERVICES,NEWARK NJ 07102-4194,973-430-7000
CEO
Mr. Ralph A. LaRossa
Employess
12543
Sector
Utilities
Industry
Regulated Electric
Website
https://www.pseg.com
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.
Next Earnings Date
Oct. 29, 2024
Ex Dividends date
Sep. 30, 2024
Dividend Date
Sept. 9, 2024
YTD Performance
28.97%
Fiscal Year End
12-31
IPO Date
1980-01-02
Growth Rates
| (avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
|---|---|---|---|---|
| Sales/Revenue | 1.21% | 2.99% | 5.38% | 14.66% |
| EPS | 7.67% | 12.56% | 10.86% | 148.79% |
| Equity | 2.92% | 1.49% | 6.88% | 29.32% |
| Cash | -19.84% | -21.14% | -53.67% | -88.39% |
| Return On Capital (ROIC) | 6.61% | 6.73% | 6.41% | 8.54% |
Debt
| year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Short Term Debt | 2,450 | 3,780 | 4,220 | 2,750 | 2,480 |
| Long Term Debt | 18,000 | 16,700 | 15,400 | 14,700 | 14,000 |
| LT Finance Leases | 173 | 169 | 191 | 252 | 273 |
| Shares Outstanding | 498 | 498 | 504 | 504 | 504 |
| Market Cap | 30,500 | 30,500 | 33,600 | 29,400 | 29,800 |
Price
News
Defensive Sectors Breakout: 3 Stocks to Buy Now for Protection
2 monthsOver the past month we have observed some very interesting activity across the market's more defensive sectors, considerable outperformance. Below we can see just how significantly the Utilities ( XLU ), Healthcare ( XLV ), Energy ( XLE ) and Real Estate ( XLRE ) sector ETF have outperformed the S&P 500 (in orange).
zacks.com
XEL vs. PEG: Which Stock Should Value Investors Buy Now?
2 monthsInvestors interested in stocks from the Utility - Electric Power sector have probably already heard of Xcel Energy (XEL) and PSEG (PEG). But which of these two stocks is more attractive to value investors?
zacks.com
PSEG (PEG) Q2 Earnings Miss Estimates, Revenues Rise Y/Y
2 monthsPSEG's (PEG) second-quarter earnings lag estimates, while revenues surge year over year. The company's 2024 EPS outlook remains unchanged.
zacks.com
PSEG (PEG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
2 monthsAlthough the revenue and EPS for PSEG (PEG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
Bet on These 5 Top-Ranked Value Stocks With Discounted PEG
2 monthsInvest in some top value stocks such as Hilton Grand Vacations (HGV), Tenet Healthcare (THC), Universal Health Services (UHS), Popular, Inc. (BPOP) and B2Gold Corp (BTG) that fit our screening criteria.
zacks.com
PSEG (PEG) Q2 Earnings Miss Estimates
2 monthsPSEG (PEG) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.70 per share a year ago.
zacks.com
PSEG ANNOUNCES SECOND QUARTER 2024 RESULTS
2 months$0.87 PER SHARE NET INCOME $0.63 PER SHARE NON-GAAP OPERATING EARNINGS Reaffirms Full-Year 2024 Non-GAAP Operating Earnings Guidance NEWARK, N.J., July 30, 2024 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the second quarter of 2024: PSEG Consolidated (unaudited)Second Quarter Comparative Results Income Diluted Earnings Per Share ($ millions, except per share amounts) 2Q 2024 2Q 2023 2Q 2024 2Q 2023 Net Income $434 $591 $0.87 $1.18 Reconciling Items (121) (240) (0.24) (0.48) Non-GAAP Operating Earnings $313 $351 $0.63 $0.70 Average Shares 500 500 See Attachments 8 and 9 for a complete list of items excluded from Net Income in the determination of non-GAAP Operating Earnings.
prnewswire.com
Watch These 4 Utility Stocks for Q2 Earnings: Beat or Miss?
2 monthsTotal second-quarter earnings of Utility stocks are expected to improve 9.1% year over year on a rise of 1.1% in revenues. Let's see how PEG, CNP, AEP & FE report their Q2 figures.
zacks.com
7 Recession-Resistant Stocks to Put Your Mind at Ease
2 monthsBig changes may be over the horizon this November. With the wild election cycle shifting up another gear, it's never been more important to consider adjusting one's portfolio.
investorplace.com
PSEG Long Island Is Prepared for Summer 2024
2 monthsUNIONDALE, N.Y. , July 25, 2024 /PRNewswire/ -- Summer has arrived, and PSEG Long Island is prepared for hurricane season and to meet peak demand during extreme heat situations in the coming months.
prnewswire.com
PSEG (PEG) to Report Q2 Earnings: Here's What to Expect
2 monthsPSEG's (PEG) Q2 results are likely to benefit from the favorable weather pattern. However, higher interest expenses may have hurt earnings.
zacks.com
Analysts Estimate PSEG (PEG) to Report a Decline in Earnings: What to Look Out for
2 monthsPSEG (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.
zacks.com