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PEG

Public Service Enterprise GroupNYSE:PEG Stock Report

Last Price

US$65.25

Market Cap

US$33.0b

7D

-1.5%

1Y

9.9%

Updated

17 Jan, 2022

Data

Company Financials +
PEG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends4/6

PEG Stock Overview

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States.

Public Service Enterprise Group Competitors

Dominion Energy

NYSE:D

US$64.1b

Consolidated Edison

NYSE:ED

US$29.5b

DTE Energy

NYSE:DTE

US$23.1b

Ameren

NYSE:AEE

US$22.7b

Price History & Performance

Summary of all time highs, changes and price drops for Public Service Enterprise Group
Historical stock prices
Current Share PriceUS$65.25
52 Week HighUS$67.62
52 Week LowUS$53.77
Beta0.60
1 Month Change1.81%
3 Month Change4.48%
1 Year Change9.89%
3 Year Change25.63%
5 Year Change50.80%
Change since IPO338.66%

Recent News & Updates

Dec 30
Returns On Capital At Public Service Enterprise Group (NYSE:PEG) Paint A Concerning Picture

Returns On Capital At Public Service Enterprise Group (NYSE:PEG) Paint A Concerning Picture

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...

Nov 18
Estimating The Intrinsic Value Of Public Service Enterprise Group Incorporated (NYSE:PEG)

Estimating The Intrinsic Value Of Public Service Enterprise Group Incorporated (NYSE:PEG)

Today we will run through one way of estimating the intrinsic value of Public Service Enterprise Group Incorporated...

Oct 20

Public Service Enterprise Group: Investor Update Reinforces Regulated Utility Growth Story

Public Service Enterprise Group recently hosted an upbeat investor update event featuring a promising medium to longer-term outlook. The strengthened balance sheet also provides incremental capacity for capex, accretive M&A, or repurchases ahead. With shares trading at a discount to its peers, there remains plenty of room for a re-rating.

Shareholder Returns

PEGUS Integrated UtilitiesUS Market
7D-1.5%-0.5%-0.3%
1Y9.9%11.6%13.7%

Return vs Industry: PEG underperformed the US Integrated Utilities industry which returned 11.6% over the past year.

Return vs Market: PEG underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is PEG's price volatile compared to industry and market?
PEG volatility
PEG Average Weekly Movement2.4%
Integrated Utilities Industry Average Movement2.5%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: PEG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PEG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198512,788Ralph Izzohttps://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.

Public Service Enterprise Group Fundamentals Summary

How do Public Service Enterprise Group's earnings and revenue compare to its market cap?
PEG fundamental statistics
Market CapUS$32.99b
Earnings (TTM)-US$662.00m
Revenue (TTM)US$9.07b

3.6x

P/S Ratio

-49.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PEG income statement (TTM)
RevenueUS$9.07b
Cost of RevenueUS$6.49b
Gross ProfitUS$2.58b
ExpensesUS$3.24b
Earnings-US$662.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.31
Gross Margin28.42%
Net Profit Margin-7.30%
Debt/Equity Ratio140.6%

How did PEG perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

-154%

Payout Ratio

Valuation

Is Public Service Enterprise Group undervalued compared to its fair value and its price relative to the market?

2.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: PEG ($65.25) is trading above our estimate of fair value ($64.88)

Significantly Below Fair Value: PEG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PEG is unprofitable, so we can't compare its PE Ratio to the US Integrated Utilities industry average.

PE vs Market: PEG is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PEG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PEG is overvalued based on its PB Ratio (2.3x) compared to the US Integrated Utilities industry average (2.2x).


Future Growth

How is Public Service Enterprise Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

13.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: PEG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PEG's is expected to become profitable in the next 3 years.

Revenue vs Market: PEG's revenue (0.7% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: PEG's revenue (0.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PEG's Return on Equity is forecast to be low in 3 years time (11.4%).


Past Performance

How has Public Service Enterprise Group performed over the past 5 years?

4.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PEG is currently unprofitable.

Growing Profit Margin: PEG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PEG is unprofitable, but has reduced losses over the past 5 years at a rate of 4.5% per year.

Accelerating Growth: Unable to compare PEG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PEG is unprofitable, making it difficult to compare its past year earnings growth to the Integrated Utilities industry (11.5%).


Return on Equity

High ROE: PEG has a negative Return on Equity (-4.71%), as it is currently unprofitable.


Financial Health

How is Public Service Enterprise Group's financial position?


Financial Position Analysis

Short Term Liabilities: PEG's short term assets ($6.8B) do not cover its short term liabilities ($8.1B).

Long Term Liabilities: PEG's short term assets ($6.8B) do not cover its long term liabilities ($27.3B).


Debt to Equity History and Analysis

Debt Level: PEG's net debt to equity ratio (127.7%) is considered high.

Reducing Debt: PEG's debt to equity ratio has increased from 81.4% to 140.6% over the past 5 years.

Debt Coverage: PEG's debt is not well covered by operating cash flow (8.9%).

Interest Coverage: PEG's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Dividend

What is Public Service Enterprise Group current dividend yield, its reliability and sustainability?

3.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PEG's dividend (3.13%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: PEG's dividend (3.13%) is low compared to the top 25% of dividend payers in the US market (3.44%).


Stability and Growth of Payments

Stable Dividend: PEG's dividends per share have been stable in the past 10 years.

Growing Dividend: PEG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: PEG is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: PEG's dividends in 3 years are forecast to be covered by earnings (61.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Ralph Izzo (63 yo)

15.25yrs

Tenure

US$14,308,254

Compensation

Dr. Ralph Izzo, Ph D., has been the Chief Executive Officer and President of Public Service Enterprise Group Incorporated since April 1, 2007. Dr. Izzo has been the Chief Executive Officer of Public Servic...


CEO Compensation Analysis

Compensation vs Market: Ralph's total compensation ($USD14.31M) is about average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Ralph's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PEG's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: PEG's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Public Service Enterprise Group Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Public Service Enterprise Group Incorporated
  • Ticker: PEG
  • Exchange: NYSE
  • Founded: 1985
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Implied Market Cap: US$32.995b
  • Shares outstanding: 505.66m
  • Website: https://www.pseg.com

Number of Employees


Location

  • Public Service Enterprise Group Incorporated
  • 80 Park Plaza
  • Newark
  • New Jersey
  • 7102
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 23:31
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.