|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||49.32 - 50.21|
|52 Week Range||41.67 - 53.28|
|PE Ratio (TTM)||15.97|
|Earnings Date||Apr 30, 2018|
|Forward Dividend & Yield||1.80 (3.61%)|
|1y Target Est||52.71|
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.
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.
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.
HANCOCKS BRIDGE, N.J., April 13, 2018 /PRNewswire/ -- PSEG Nuclear's Hope Creek Generating Station was safely taken offline today just after midnight for its scheduled refueling and maintenance outage. For the first time in its 32-year operating history, Hope Creek also achieved what is known as a "breaker-to-breaker" run, meaning the station had been operating nonstop since reconnecting to the regional power grid on November 11, 2016, following its previous refueling outage. Operating nonstop 24/7 throughout 2017, Hope Creek set a new generation record last year when it produced 10.6 million megawatt hours of electricity. "Concentrating on safe, event-free operations and our equipment reliability helped Hope Creek set these records and a new standard for excellence," said Pete Sena, PSEG Nuclear President and Chief Nuclear Officer.
The New Jersey Senate and Assembly on Thursday passed a bill that would cost about $300 million a year to subsidize three nuclear reactors operated by New Jersey power company Public Service Enterprise Group Inc. "This legislation is a sensible solution that protects the viability of nuclear energy and its benefits for New Jersey, while at the same time ensuring consumers are protected, as well," PSEG spokesman Michael Jennings said in a statement. PSEG had said it could shut the reactors, two at Salem and one at Hope Creek, in a couple of years if they do not receive some sort of federal or state assistance.
New Jersey lawmakers passed a series of sweeping measures promoting emission-free power, including one that could have utility customers spending more than $300 million a year to rescue struggling nuclear ...
New Jersey legislators are scheduled to vote on Thursday on a bill that would cost about $300 million a year to subsidize three nuclear reactors operated by New Jersey power company Public Service Enterprise ...
According to Wall Street analysts’ consensus, FirstEnergy (FE) stock has a mean price target of $36.00 against its current market price of $34.03. This indicates a potential upside of ~6% for the stock over the next 12 months.
This week, we highlight three companies that look cheap based on P/E ratios but actually have significant growth expectations implied by their valuations.
NEWARK, N.J. , April 3, 2018 /PRNewswire/ -- PSEG today announced that Kathleen A. Lally will retire at the end of June from her position as Vice President of Investor Relations for Public Service Enterprise ...
TRENTON, N.J., March 29, 2018 /PRNewswire/ -- The PSEG Foundation recently awarded a two-year, $200,000 grant to expand programs for active-duty service members and veterans and advance the development of science, technology, engineering and math (STEM) courses at Thomas Edison State University. The funding will support substantial improvements to the university's existing Military and Veteran Portal (MVP) and Career Enhancement Initiative. The university plans to expand career advising and job placement resources offered through the MVP that meet the needs of veterans and service members.
26.2 MW North Carolina facility in operation, powers 5,000 homes NEWARK, N.J. , March 27, 2018 /PRNewswire/ -- PSEG Solar Source today announced that its PSEG Cork Oak Solar Energy Center successfully ...
Public Service Enterprise (PEG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
PSEG Solar Source Now Has Six Solar Farms in North Carolina NEWARK, N.J. , March 22, 2018 /PRNewswire/ -- PSEG Solar Source today announced that its PSEG Sunflower Solar Energy Center successfully began ...
The largest utility by revenue, Exelon Corporation is currently tracked by 18 analysts. According to analysts’ consensus, Exelon has a mean price target of $41.9 against its current market price of $37.2, which suggests an estimated upside of 13.0%. Exelon’s peer FirstEnergy’s (FE) stock has a mean price target of $35.9, which implies an estimated gain of $13% in a year.
NEW YORK, March 06, 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 ...
LONDON, UK / ACCESSWIRE / March 06, 2018 / Active-Investors has a free review on Public Service Enterprise Group Incorporated (NYSE: PEG ) ("PSEG") following the Company's announcement that it ...
Investors who want to cash in on Public Service Enterprise Group Incorporated’s (NYSE:PEG) upcoming dividend of $0.45 per share have only 3 days left to buy the shares before itsRead More...
TRENTON, N.J. (AP) — New Jersey's largest utility is canceling spending on capital projects at a nuclear plant because a $300 million taxpayer-funded financial bailout of the state's nuclear industry has stalled in the Legislature.