|Day's Range||0.0300 - 0.0300|
Public Service Enterprise's (PEG) revenues of $2,478 million in the quarter miss the Zacks Consensus Estimate by 13.2% but inch up 0.4% year over year.
Public Service Enterprise Group (PSEG) reported 2019 Net Income of $1,693 million, or $3.33 per share, as compared to Net Income of $1,438 million, or $2.83 per share for 2018. Non-GAAP Operating Earnings for 2019 were $1,666 million, or $3.28 per share, compared to $1,582 million, or $3.12 per share for 2018. Non-GAAP Operating Earnings for the full-year 2019 exclude items shown in Attachments 8 and 9.
The pressures and challenges a utility faces when recovering from a major storm are magnified when its service area is hosting a premier international event such as the Olympic Games. Recently, PSEG Long Island's leadership team met and shared their storm-tested emergency planning best practices with executives from Tokyo's electric utility as it finalizes its plans to support the 2020 Summer Olympics through its stable and secure power supply.
Public Service Enterprise (PEG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Public Service Enterprise Group Incorporated (PSEG) announced that Scott G. Stephenson has been elected to its Board of Directors, effective Feb. 18, 2020.
PSEG (PEG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Public Service Enterprise Group Inc. , known as PSE&G, said Friday it raised its quarterly dividend by two cents to 49 cents a share. The new dividend will be payable March 31 to shareholders of record on March 10. The electric and gas utility company's stock rose 0.6% in midday trading. Based on current stock prices, the stock new annual dividend rate would imply a dividend yield of 3.33%, compared with the yield for the SPDR Utilities Select Sector ETF of 2.69% and the implied yield for the S&P 500 of 1.80%, according to FactSet. PSE&G's stock has lost 3.6% over the past three months, while the utilities ETF has run up 12.7% and the S&P 500 has gained 7.6%.
The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a quarterly common stock dividend for the first quarter of 2020 of $0.49 per share payable on March 31, 2020 to shareholders of record on March 10, 2020. This action represents a $0.02 per share, or 4.3% increase in the company's quarterly common stock dividend and brings the indicative annual dividend rate to $1.96 per share.
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than...
PennEast Pipeline Co LLC said Friday it asked federal energy regulators for permission to build the Pennsylvania part of its proposed natural gas pipeline first due to difficulty in gaining approvals in New Jersey. The company said in a filing with the U.S. Federal Energy Regulatory Commission (FERC) that it expects to be able to complete the Pennsylvania section of the pipe by November 2021. As for New Jersey, the company said it was targeting completion of the second phase of the project from Pennsylvania into New Jersey in 2023.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Public Service...
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
Dividend paying stocks like Public Service Enterprise Group Incorporated (NYSE:PEG) tend to be popular with investors...
Public Service Enterprise Group (PSEG) today released its 2019 Sustainability Report, which includes several firsts for PSEG: Complete Sustainability Accounting Standards Board (SASB) disclosures, an ESG materiality assessment and map, and 12 new ESG and sustainability goals.
Ralph A. LaRossa Elected COO of Public Service Enterprise Group Dave Daly Remains President of PSE&G with Expanded Role in PSEG's Clean Energy Strategies and Renewable Businesses Kim Hanemann Named Senior ...
NEWARK, N.J. , Nov. 20, 2019 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that John P. Surma has been elected to its Board of Directors, effective Nov. 19, 2019 . ...
NEWARK, N.J., Nov. 19, 2019 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (PEG) today declared a $0.47 per share dividend on the outstanding common stock of the company for the fourth quarter of 2019. All dividends for the fourth quarter are payable on or before December 31, 2019, to shareholders of record on December 10, 2019. The statements contained in this press release that are not purely historical are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995.
Ameren Corporation's (AEE) total revenues came in at $1,659 million in the third quarter, declining 3.9% year over year due to lower electric and natural gas sales volume.
Duke Energy's (DUK) bottom line improved 8.4% year over year to $1.79 per share in the third quarter, driven by revenues and operating income growth.
ALLETE's (ALE) third quarter earnings and revenues lagged the estimates. The company expects 2019 EPS to be in the lower end of the guidance range of $3.50 to $3.80.