PEG|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $1.19 | - | - |
| Q2'26 | $0.81 | $0.86 | +6.5% |
| Q1'26 | $0.83 | $1.55 | +86.1% |
| Q4'25 | $0.72 | $0.72 | +0.3% |
| Q3'25 | $1.01 | $1.13 | +11.6% |
| Q2'25 | $0.70 | $0.77 | +10.2% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $3.3B | - | - |
| Q2'26 | $2.7B | $2.6B | -6.9% |
| Q1'26 | $2.7B | $3.8B | +44.9% |
| Q4'25 | $2.7B | $2.9B | +7.6% |
| Q3'25 | - | $3.2B | - |
| Q2'25 | - | $2.8B | - |
Market Data
PEG Stock Snapshot
PEG is currently trading at $75.68, giving Public Service Enterprise Group Incorporated a market cap of 37.71B and a P/E ratio of 18.7. Today's range spans $74.37–$75.94, with shares opening at $74.80 and moving up $0.03 (0.0%) from the prior close. DailyIQ's technical score sits at 23/100 (SELL) with a news sentiment reading of 51/100.
Over the past year PEG has traded between $74.20 and $88.65 - the current price is +2.0% off the 52-week low and -14.6% from the high. 30 analysts cover the stock with a Hold consensus and a mean 12-month target of $87.29 (range $75.00–$103.00), implying upside of +15.3%.
When PEG shows a SELL (23/100) alongside neutral sentiment (51/100), the right posture for most Utilities investors is reduced exposure rather than conviction buying. Price: $75.68 (near 52-week lows). (P/E: 18.7) At 37.71B in capitalization, the structural support levels within the $74.20–$88.65 annual range are where the setup becomes reassessable - not before.
When a large-cap Utilities name with 37.71B in capitalization prints a SELL signal (23/100) alongside neutral news sentiment (51/100), the risk isn't just price depreciation — it's the loss of institutional sponsorship that makes recovery harder. At $75.68 (near 52-week lows in the $74.20–$88.65 range), the structural support levels are where that sponsorship question gets answered.
Company Insights: Public Service Enterprise Group (PEG)
Public Service Enterprise Group (PEG) operates as a U.S.-based utility company with diversified operations in electric and gas transmission, distribution, and nuclear power generation. Its primary segments, PSE&G and PSEG Power, are critical for delivering essential energy services to a broad customer base, including residential, commercial, and industrial clients. The company manages an extensive infrastructure network, underscoring its foundational role in energy delivery within its service territories. PEG's business model is anchored in regulated utility operations, which typically provide stable revenue streams and predictable earnings.
PEG's financial performance demonstrates a consistent ability to meet or exceed targets, with a notable track record of 21 consecutive years achieving this. Recent quarterly results show strong revenue activity, with figures like $3.226 billion in Q3 2025 and $3.222 billion in Q1 2025 indicating robust top-line performance. While earnings per share (EPS) have experienced some variability, with beats in Q3 and Q2 2025 and a near miss in Q1 2025, the overall trend suggests resilience. The company has also recently boosted its capital program and raised its long-term earnings growth target, signaling confidence in future expansion.
The company's strategic focus includes investments in areas such as solar energy and energy efficiency, alongside its core transmission and distribution infrastructure. PSEG's commitment to expanding its capital program is aimed at driving rate base growth, a key metric for regulated utilities. Investors are advised to monitor the impact of New Jersey's energy policies on these investments and PEG's execution of its expanded capital plans. Recent announcements include a significant dividend increase, reflecting a commitment to returning value to shareholders.
Earnings Consistency
Demonstrated 21 consecutive years of meeting or exceeding financial targets, indicating operational reliability.
Recent revenue figures show strong top-line activity, with Q3 2025 at $3.226 billion and Q1 2025 at $3.222 billion.
While EPS has seen some variability, the company has a history of meeting or beating estimates, with recent positive trends.
Dividend Growth
Recently announced a significant increase in its dividend, signaling commitment to shareholder returns.
Dividend growth is a key component of total return for regulated utility investors.
This move aligns with the company's boosted capital program and increased long-term earnings growth target.
Capital Program
PEG has boosted its capital program, aiming to drive rate base growth through infrastructure investments.
Investments focus on transmission, distribution, solar energy, and energy efficiency initiatives.
Successful execution of this expanded program is crucial for achieving long-term earnings growth targets.
Regulatory Environment
Operates within the regulated electric and gas utilities sector, subject to state energy policies.
New Jersey's energy policies will significantly influence the company's investment decisions and operational landscape.
Monitoring regulatory developments is essential for assessing future growth and investment opportunities.
Positioning PEG
Public Service Enterprise Group (PEG) stock may appeal to investors seeking stable income and regulated growth. Adding exposure could be considered following positive developments in its capital program execution or clarity on favorable regulatory policies. Reducing exposure might be warranted if significant headwinds arise from regulatory changes or if the company struggles to meet its expanded capital investment targets.
Key Metrics for PEG
Public Service Enterprise Group's (PEG) performance hinges on regulated asset growth and dividend sustainability. Investors should monitor its ability to execute capital projects and maintain shareholder returns.
Rate Base Growth: Measures the value of utility assets used to provide services. Consistent growth indicates successful investment in infrastructure and future earnings potential for PEG. Strong growth is crucial for justifying its valuation and supporting dividend increases.
Dividend Payout Ratio: Represents the proportion of earnings paid out as dividends. A sustainable ratio below 70% suggests PEG can maintain or grow its dividend. A rising ratio could signal future dividend risk, impacting income-focused investors.
Capital Expenditures: Tracks PEG's investment in property, plant, and equipment. Higher capex, especially in regulated assets, signals future rate base growth. Investors watch this to assess PEG's commitment to modernization and expansion.
Earnings Per Share (EPS): Reflects PEG's profitability on a per-share basis. Consistent or growing EPS, especially relative to guidance, indicates operational success. Misses can signal challenges in cost management or revenue generation.
Regulatory Environment: Assesses the impact of state and federal regulations on PEG's operations and pricing. Favorable regulatory decisions allow for timely recovery of investments. Unfavorable outcomes can pressure earnings and PEG's growth prospects.
PEG Competitive Positioning
Public Service Enterprise Group Incorporated (PEG) is tracked alongside these names in Utilities - Regulated Electric on DailyIQ.
Risk Factors
Public Service Enterprise Group (PEG) faces risks primarily tied to regulatory environments, operational execution, and capital expenditure effectiveness. Changes in energy policy or challenges in deploying capital for growth can significantly impact its financial performance and shareholder returns.
- Regulatory Risk
PEG operates in a heavily regulated industry, with state and federal agencies setting rates and approving investments. Unfavorable regulatory decisions or changes in energy policy, particularly in New Jersey, could limit its ability to recover costs and achieve targeted returns on its infrastructure investments. This could directly reduce profitability and hinder growth initiatives.
- Capital Program Execution
The company has announced an expanded capital program aimed at rate base growth. Delays, cost overruns, or underperformance in executing these large-scale projects could impair its ability to achieve projected earnings growth. Failure to effectively deploy capital would undermine its long-term strategy and investor confidence.
- Nuclear Operations
PSEG Power's nuclear generation segment involves complex and capital-intensive operations. Unexpected plant outages, extended maintenance periods, or regulatory issues specific to nuclear power could lead to significant financial losses and impact overall earnings. The safety and reliability of these facilities are paramount and any disruption poses a material risk.
- Interest Rate Sensitivity
As a utility with substantial debt financing for its capital-intensive operations, PEG is sensitive to changes in interest rates. Rising interest rates increase borrowing costs, which can pressure margins and reduce the attractiveness of its dividend. This risk is amplified during periods of economic uncertainty or when the company needs to refinance existing debt.
What Moves PEG Stock?
Public Service Enterprise Group (PEG) is primarily driven by regulatory environments and its ability to execute large-scale capital investments. Its performance is closely tied to the demand for essential utility services and its success in expanding its rate base.
Regulatory Landscape
As a regulated utility, PEG's profitability and growth are heavily influenced by decisions made by state and federal regulatory bodies, particularly the New Jersey Board of Public Utilities. These bodies approve rate increases, investment plans, and operational frameworks, directly impacting the company's revenue and cost structures.
Favorable regulatory outcomes, such as approved capital recovery for infrastructure upgrades or clean energy initiatives, can boost earnings and support higher valuations. Conversely, adverse rulings or delays in approvals can pressure margins and hinder growth prospects, leading to stock price declines.
Capital Investment Execution
PEG's long-term strategy relies on significant capital expenditures to modernize its infrastructure, invest in clean energy, and expand its rate base. The company has recently boosted its capital program, signaling ambitious growth targets for the coming years.
Successful execution of these capital projects is crucial for driving rate base growth and meeting its long-term earnings targets. Any setbacks in project delivery, cost overruns, or failure to achieve projected returns could negatively impact investor confidence and the stock's performance.
Dividend Growth
PEG has a history of consistent dividend payments and recently announced a significant increase, highlighting its commitment to returning capital to shareholders. This makes the stock attractive to income-focused investors.
The sustainability of these dividend increases is directly linked to the company's earnings growth and cash flow generation. Strong operational performance and successful capital deployment are necessary to support continued dividend hikes, which can bolster the stock price.
Key insight: PEG's stock performance hinges on its ability to navigate the complex regulatory landscape and effectively execute its ambitious capital investment plans. Continued dividend growth, supported by these operational factors, will be key for attracting and retaining investor interest.
PEG Recent Earnings History
- Q4 2025
EPS: $0.72 actual vs $0.72 estimate (beat) · Revenue: $2,915M actual vs $2,709M estimate
- Q3 2025
EPS: $1.13 actual vs $1.01 estimate (beat) · Revenue: $3,226M actual
- Q2 2025
EPS: $0.77 actual vs $0.7 estimate (beat) · Revenue: $2,805M actual
- Q1 2025
EPS: $1.43 actual vs $1.43 estimate (miss) · Revenue: $3,222M actual
- Q4 2024
EPS: $0.84 actual vs $0.83 estimate (beat) · Revenue: $2,465M actual
Analyst Price Targets for PEG
Here's where sell-side analysts stand on PEG right now, based on the latest ratings DailyIQ has tracked.
Reflects the most recently tracked analyst ratings for PEG and may lag real-time updates. Not a recommendation to buy or sell.
Frequently Asked Questions About PEG
Is Public Service Enterprise Group (PEG) stock a good investment?
The investment thesis for Public Service Enterprise Group (PEG) often centers on its role as a regulated utility providing essential energy services. Its stable cash flows, driven by regulated assets and customer demand, can make it attractive for income-focused investors. However, potential investors should consider the company's growth prospects, regulatory environment, and overall market conditions for utilities.
What drives Public Service Enterprise Group (PEG) stock price?
The stock price of Public Service Enterprise Group (PEG) is primarily influenced by factors such as interest rate movements, regulatory decisions impacting its utility operations, and the company's ability to execute its capital investment plans. Investor sentiment towards the utility sector, commodity prices for fuel, and overall economic conditions also play a significant role.
Does Public Service Enterprise Group (PEG) pay a dividend?
Yes, Public Service Enterprise Group (PEG) typically pays a quarterly dividend to its shareholders. The company has a history of returning capital to investors, and dividend increases are often a focus for utility companies seeking to attract income-oriented shareholders. Investors should review the latest dividend announcements and payout history for current details.
What are the risks of investing in Public Service Enterprise Group (PEG)?
Key risks for Public Service Enterprise Group (PEG) include changes in interest rates, which can affect borrowing costs and the attractiveness of utility dividends. Regulatory hurdles and potential changes in energy policy can impact profitability and future investments. Additionally, operational risks, such as extreme weather events affecting infrastructure, and the company's ability to manage its nuclear assets pose challenges.
How is Public Service Enterprise Group (PEG) valued?
Valuation for Public Service Enterprise Group (PEG) is often assessed using metrics common to the utility sector, such as the price-to-earnings (P/E) ratio, dividend yield, and price-to-book (P/B) ratio. Investors compare these multiples against industry peers and the company's historical averages. The company's ability to grow its rate base and maintain stable earnings is crucial for its valuation.
What is the investment thesis for Public Service Enterprise Group (PEG)?
The bull case for Public Service Enterprise Group (PEG) often rests on its stable, regulated utility operations and its commitment to infrastructure investment. As a provider of essential services, it benefits from consistent demand. The company's focus on modernizing its grid and investing in cleaner energy sources could also support long-term growth and shareholder value.
How does Public Service Enterprise Group (PEG) plan to grow its earnings?
Public Service Enterprise Group (PEG) typically aims to grow earnings through investments in its regulated utility infrastructure, known as rate base growth. This involves upgrading and expanding its electric and gas transmission and distribution networks. The company also focuses on operational efficiencies and potentially exploring new energy technologies to enhance its service offerings and financial performance.
What is the outlook for Public Service Enterprise Group (PEG) in the current regulatory environment?
The regulatory environment in New Jersey significantly impacts Public Service Enterprise Group (PEG)'s operations and growth prospects. Favorable regulatory decisions can support the company's capital investment plans and recovery of costs, thereby boosting earnings. Conversely, adverse regulatory outcomes or delays in approvals could constrain its ability to execute its strategy and achieve its financial targets.
How is Public Service Enterprise Group (PEG) addressing the energy transition?
Public Service Enterprise Group (PEG) is actively involved in the energy transition by investing in renewable energy sources and modernizing its infrastructure. This includes expanding its transmission capabilities to support renewable integration and enhancing energy efficiency programs for its customers. The company's strategy aims to balance reliable energy delivery with the evolving demands for cleaner energy solutions.
What are the recent financial highlights for Public Service Enterprise Group (PEG)?
Recent financial reports for Public Service Enterprise Group (PEG) have shown positive trends in earnings and revenue, with the company often meeting or exceeding its financial guidance. A notable aspect has been the announcement of dividend increases, reflecting confidence in its financial stability and future cash flows. Investors should monitor the company's ability to execute its capital programs effectively to sustain this performance.
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