PEG - Public Service Enterprise Group Incorporated

NYSE - NYSE Delayed Price. Currency in USD
51.93
+0.58 (+1.13%)
At close: 4:02PM EDT
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Previous Close51.35
Open51.44
Bid0.00 x 3000
Ask0.00 x 40700
Day's Range51.35 - 52.03
52 Week Range41.67 - 53.28
Volume2,332,567
Avg. Volume2,877,098
Market Cap26.236B
Beta0.35
PE Ratio (TTM)16.75
EPS (TTM)3.10
Earnings DateJul 26, 2018 - Jul 30, 2018
Forward Dividend & Yield1.80 (3.52%)
Ex-Dividend Date2018-06-07
1y Target Est54.29
Trade prices are not sourced from all markets
  • Reutersyesterday

    New Jersey governor signs nuclear power subsidy bill into law

    New Jersey Governor Phil Murphy signed several legislative initiatives on Wednesday to advance the state's clean energy goals, including a controversial bill that would subsidize the continued operation of nuclear power plants. The new nuclear law, which could cost about $300 million a year, establishes a Zero Emissions Certificate (ZEC) program to maintain New Jersey's nuclear energy supply, which contributes close to 40 percent of the state's electric capacity and is by far its largest source of carbon free energy. Plants seeking to participate in the program would be required, among other things, to demonstrate that they make a significant contribution to New Jersey air quality and are at risk of closure within three years.

  • Associated Press2 days ago

    New Jersey OKs $300M annually to rescue nuclear industry

    SOUTH BRUNSWICK, N.J. (AP) — Legislation that would authorize $300 million annually to rescue New Jersey's nuclear energy industry — a request for financial help made by the state's largest utility company — was signed into law Wednesday.

  • N.J. Governor Signs Nuclear Plant Bill Enviro Groups Opposed
    Bloomberg2 days ago

    N.J. Governor Signs Nuclear Plant Bill Enviro Groups Opposed

    New Jersey Governor Phil Murphy signed a bill requiring utility customers to spend more than $300 million a year to rescue struggling nuclear power plants run by Exelon Corp. and Public Service Enterprise Group Inc. The legislation signed Wednesday aims to keep nuclear plants operating in the state, after owners warned the facilities were no longer economic amid lower power prices. Murphy, a Democrat who took office in January, also signed a bill calling for half the state’s energy to come from renewable power by 2030.

  • Public Service Enterprise Gets Nod for Gas System Upgrade
    Zacks2 days ago

    Public Service Enterprise Gets Nod for Gas System Upgrade

    Public Service Enterprise Group (PEG) plans on modernizing infrastructural systems and limiting greenhouse gas emissions under the five-year program.

  • PSE&G to Begin Next Phase of Gas System Replacements
    PR Newswire2 days ago

    PSE&G to Begin Next Phase of Gas System Replacements

    NEWARK, N.J., May 22, 2018 /PRNewswire/ -- Public Service Electric & Gas Company (PSE&G) is moving forward with the next phase of its Gas System Modernization Program (GSMP II) following today's approval of a multi-party settlement by the New Jersey Board of Public Utilities (BPU). Through GSMP II, PSE&G will invest $1.875 billion to continue the accelerated replacement of aging gas pipes, supporting a safe, clean and reliable gas system. The work, which will create some 3,200 jobs, entails replacing 875 miles of pipes and other gas infrastructure improvements through 2023.

  • Public Service Enterprise Reveals Latest NJ Solar Project
    Zacks7 days ago

    Public Service Enterprise Reveals Latest NJ Solar Project

    Public Service Enterprise's (PEG) latest solar project is ready to serve Department of Public Works building.

  • PSE&G Solar Storage Project in Service at Pennington DPW Building
    PR Newswire8 days ago

    PSE&G Solar Storage Project in Service at Pennington DPW Building

    Solar + Battery System Will Help Keep Facility Operating During Extended Power Outages NEWARK, N.J. , May 17, 2018 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) announced today that its ...

  • How Do Analysts View FirstEnergy Stock?
    Market Realist9 days ago

    How Do Analysts View FirstEnergy Stock?

    According to Wall Street analysts’ consensus, FirstEnergy (FE) stock has a mean price target of $37.7 against its current market price of $33.8. This difference indicates a potential upside of 11.6% for the stock over the next 12 months.

  • PEG Stock Compared to Its Peers in the Past Year
    Market Realist11 days ago

    PEG Stock Compared to Its Peers in the Past Year

    Public Service Enterprise Group (PEG) is a diversified utility that provides electricity and gas to nearly 4 million customers. PEG stock has been placed relatively better compared to its peers this year. PEG stock has fallen ~2%, while broader utilities (XLU) (IDU) have fallen more than 6% year-to-date. PEG stock appears fairly pricey compared to the industry average and its historical average.

  • GlobeNewswire17 days ago

    Consolidated Research: 2018 Summary Expectations for The Mosaic, Newmont Mining, National Oilwell Varco, NxStage Medical, Public Service Enterprise Group, and PRA Health Sciences — Fundamental Analysis, Key Performance Indications

    NEW YORK, May 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The ...

  • FirstEnergy Stock Looks Attractively Valued Compared to Peers
    Market Realist22 days ago

    FirstEnergy Stock Looks Attractively Valued Compared to Peers

    FirstEnergy (FE) stock is currently trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) valuation multiple of 8.0x, which is lower than its five-year historical average of 9.0x.

  • Thomson Reuters StreetEvents24 days ago

    Edited Transcript of PEG earnings conference call or presentation 30-Apr-18 3:00pm GMT

    Q1 2018 Public Service Enterprise Group Inc Earnings Call

  • Public Service Enterprise (PEG) Q1 Earnings Lag Estimates
    Zacks25 days ago

    Public Service Enterprise (PEG) Q1 Earnings Lag Estimates

    Public Service Enterprise (PEG) revenues of $2,818 million in the quarter surpassed the Zacks Consensus Estimate of $2,740 million by 2.8%.

  • PSEG shines, NYT upgraded, Walmart to sell Asda majority
    Yahoo Finance Video25 days ago

    PSEG shines, NYT upgraded, Walmart to sell Asda majority

    PSEG, New York Times, Walmart, Amazon and Netflix are the companies to watch.

  • Stocks poised to open higher, Trump threatens government shutdown
    Yahoo Finance25 days ago

    Stocks poised to open higher, Trump threatens government shutdown

    Yahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET.

  • Associated Press25 days ago

    PSEG: 1Q Earnings Snapshot

    The Newark, New Jersey-based company said it had net income of $1.10 per share. Earnings, adjusted for non-recurring gains, were 97 cents per share. The results fell short of Wall Street expectations. ...

  • PSEG Announces 2018 First Quarter Results
    PR Newswire25 days ago

    PSEG Announces 2018 First Quarter Results

    $1.10 PER SHARE OF NET INCOME Non-GAAP Operating Earnings of $0.97 Per Share Re-Affirms Non-GAAP Operating Earnings Guidance $3.00 - $3.20 Per Share PSE&G $1.9 Billion Settlement of GSMP II Program Aligned ...

  • Reuters29 days ago

    PSEG settles U.S. power market violation allegations

    Public Service Enterprise Group Inc on Wednesday agreed to settle allegations that its trading unit violated power market rules between 2005 and 2014 and pay an $8 million civil penalty and disgorge $28.9 ...

  • Why Public Service Enterprise (PEG) Might Surprise This Earnings Season
    Zacks29 days ago

    Why Public Service Enterprise (PEG) Might Surprise This Earnings Season

    Public Service Enterprise (PEG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

  • How 875 Miles Of Steel Pipe Will Turn To Plastic
    Investor's Business Dailylast month

    How 875 Miles Of Steel Pipe Will Turn To Plastic

    PSE&G, New Jersey's largest utility, reached a settlement with regulators to replace hundreds of miles of decaying gas pipes and raise customer rates. The agreement gives the company some clarity in its capital spending plans and on its revenue projections. PSE&G is a subsidiary of Public Service Enterprise Group[ticker symb=PEG], which says it is the nation's largest utility company. Staff of...

  • Business Wirelast month

    Willdan Selected to Implement PSE&G’s Direct Install Program

    Willdan Group, Inc. (WLDN) today announced that it is has been selected as one of the vendors for the Public Service Electric and Gas Company (PSE&G) Energy $aver (Direct Install) Program for Government, Non-Profit, and Small Business Facilities. This program has a budget of $15 million over three years and provides direct install services throughout PSE&G’s service territory. Willdan will serve northern New Jersey’s densely populated Bergen, Passaic, and Hudson counties.

  • PSE&G Reaches Agreement with NJ BPU Staff and Rate Counsel On Next Phase of Gas Infrastructure Replacement
    PR Newswirelast month

    PSE&G Reaches Agreement with NJ BPU Staff and Rate Counsel On Next Phase of Gas Infrastructure Replacement

    NEWARK, N.J., April 23, 2018 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) today announced a $1.875 billion settlement with the Staff of the New Jersey Board of Public Utilities (BPU), the New Jersey Division of Rate Counsel and other parties to continue the accelerated replacement of aging gas pipes, supporting a safe, clean and reliable gas system well into the future. The settlement agreement is pending approval by the BPU.

  • Analysts’ Views on FirstEnergy Stock, Pre-1Q18 Earnings Release
    Market Realistlast month

    Analysts’ Views on FirstEnergy Stock, Pre-1Q18 Earnings Release

    Wall Street analysts’ mean target price for FirstEnergy (FE) is $36.14, whereas its current market price is $34.61, implying a potential upside of ~6% for the stock over the next 12 months. Among the 17 analysts tracking FirstEnergy, eight had recommended “hold,” three had recommended “strong buy,” and six had recommended “buy” as of April 17, 2018. There were no “sell” recommendations.

  • How FirstEnergy Stock Is Currently Valued
    Market Realistlast month

    How FirstEnergy Stock Is Currently Valued

    FirstEnergy (FE) stock has soared more than 15% in the last three months, significantly outperforming broader utilities (XLU). Investment from activist hedge fund Elliott Management and improved earnings growth prospects boosted FE stock, which is currently trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratio of 8.4x, lower than its five-year average of ~9.0x. 

  • PSEG Declares Regular Quarterly Dividend For Second Quarter Of 2018
    PR Newswirelast month

    PSEG Declares Regular Quarterly Dividend For Second Quarter Of 2018

    NEWARK, N.J., April 17, 2018 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (PEG) today declared a $0.45 per share dividend on the outstanding common stock of the company for the second quarter of 2018. 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. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated.