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Public Service Enterprise Group

Executive Summary

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


Snowflake Analysis

Solid track record established dividend payer.


Similar Companies

Share Price & News

How has Public Service Enterprise Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PEG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.0%

PEG

-2.4%

US Integrated Utilities

-3.1%

US Market


1 Year Return

-15.6%

PEG

-12.2%

US Integrated Utilities

12.7%

US Market

Return vs Industry: PEG underperformed the US Integrated Utilities industry which returned -12.2% over the past year.

Return vs Market: PEG underperformed the US Market which returned 12.7% over the past year.


Shareholder returns

PEGIndustryMarket
7 Day-1.0%-2.4%-3.1%
30 Day-2.7%-1.4%-2.9%
90 Day9.4%2.4%8.2%
1 Year-12.5%-15.6%-9.0%-12.2%15.3%12.7%
3 Year26.0%13.7%15.9%4.0%37.8%28.5%
5 Year48.9%24.5%60.8%34.2%90.9%69.4%

Price Volatility Vs. Market

How volatile is Public Service Enterprise Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

45.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PEG ($52.47) is trading below our estimate of fair value ($96.83)

Significantly Below Fair Value: PEG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PEG is good value based on its PE Ratio (15.2x) compared to the US Integrated Utilities industry average (18.1x).

PE vs Market: PEG is good value based on its PE Ratio (15.2x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: PEG is poor value based on its PEG Ratio (5.1x)


Price to Book Ratio

PB vs Industry: PEG's PB Ratio (1.7x) is in line with the US Integrated Utilities industry average.


Next Steps

Future Growth

How is Public Service Enterprise Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

3.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEG's forecast earnings growth (3% per year) is above the savings rate (2.2%).

Earnings vs Market: PEG's earnings (3% per year) are forecast to grow slower than the US market (23.1% per year).

High Growth Earnings: PEG's earnings are forecast to grow, but not significantly.

Revenue vs Market: PEG's revenue (2.3% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: PEG's revenue (2.3% 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 (10.6%).


Next Steps

Past Performance

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

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PEG has high quality earnings.

Growing Profit Margin: PEG's current net profit margins (18.1%) are higher than last year (14.4%).


Past Earnings Growth Analysis

Earnings Trend: PEG's earnings have grown by 3% per year over the past 5 years.

Accelerating Growth: PEG's earnings growth over the past year (18.8%) exceeds its 5-year average (3% per year).

Earnings vs Industry: PEG earnings growth over the past year (18.8%) exceeded the Integrated Utilities industry 6.5%.


Return on Equity

High ROE: PEG's Return on Equity (11.2%) is considered low.


Next Steps

Financial Health

How is Public Service Enterprise Group's financial position?


Financial Position Analysis

Short Term Liabilities: PEG's short term assets ($3.7B) do not cover its short term liabilities ($5.8B).

Long Term Liabilities: PEG's short term assets ($3.7B) do not cover its long term liabilities ($27.5B).


Debt to Equity History and Analysis

Debt Level: PEG's debt to equity ratio (108.5%) is considered high.

Reducing Debt: PEG's debt to equity ratio has increased from 73.3% to 108.5% over the past 5 years.

Debt Coverage: PEG's debt is not well covered by operating cash flow (19.1%).

Interest Coverage: PEG's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Next Steps

Dividend

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

3.74%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PEG's dividend (3.74%) is higher than the bottom 25% of dividend payers in the US market (1.71%).

High Dividend: PEG's dividend (3.74%) is low compared to the top 25% of dividend payers in the US market (4.88%).


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: With its reasonable payout ratio (55.6%), PEG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PEG's dividends in 3 years are forecast to be covered by earnings (61.7% payout ratio).


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Ralph Izzo (62 yo)

13.42yrs

Tenure

US$13,074,227

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 ($USD13.07M) is about average for companies of similar size in the US market ($USD11.33M).

Compensation vs Earnings: Ralph's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ralph Izzo
Chairman13.42yrsUS$13.07m0.0045%
$ 1.2m
Daniel Cregg
Executive VP & CFO4.92yrsUS$3.40m0.016%
$ 4.2m
Ralph LaRossa
Chief Operating Officer0.67yrUS$4.06m0.017%
$ 4.6m
Tamara Linde
Executive VP & General Counsel6.17yrsUS$3.40m0.013%
$ 3.5m
David Daly
President of PSE&G and President & COO of PSEG Utilities & Clean Energy Ventures2.92yrsUS$2.82m0.0099%
$ 2.6m
Zeeshan Sheikh
Senior VP and Chief Information & Digital Officer0.083yrno datano data
Carlotta Chan
Vice President of Investor Relations2.25yrsno datano data
Karen Cleeve
Vice President of Corporate Communications3.08yrsno datano data
Sheila Rostiac
Senior VP of Human Resources1yrno datano data
Scott Jennings
Senior Vice President of Corporate Planning1.5yrsno datano data
Richard Thigpen
Senior Vice President of Corporate Citizenship2.17yrsno datano data
Kim Hanemann
Senior VP and COO of PSE&G2.67yrsno datano data

2.5yrs

Average Tenure

56.5yo

Average Age

Experienced Management: PEG's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ralph Izzo
Chairman13.42yrsUS$13.07m0.0045%
$ 1.2m
Scott Stephenson
Independent Director0.58yrno datano data
Susan Tomasky
Independent Director8.42yrsUS$293.50k0%
$ 0
David Lilley
Independent Director11.58yrsUS$341.27k0%
$ 0
John Surma
Independent Director0.83yrUS$12.92k0.00034%
$ 90.2k
Shirley Jackson
Lead Independent Director1.42yrsUS$338.50k0.0030%
$ 798.8k
Alfred Zollar
Independent Director8.25yrsUS$295.02k0.00054%
$ 143.3k
Laura Sugg
Independent Director1.67yrsUS$270.02k0.000040%
$ 10.6k
William Deese
Independent Director4.58yrsUS$290.17k0%
$ 0
Barry Ostrowsky
Independent Director2.58yrsUS$283.50k0%
$ 0

3.6yrs

Average Tenure

65.5yo

Average Age

Experienced Board: PEG's board of directors are considered experienced (3.6 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 company bio, 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
  • Market Cap: US$26.537b
  • Shares outstanding: 505.76m
  • Website: https://www.pseg.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PEGNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
PSEDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
0KS2LSE (London Stock Exchange)YesCommon StockGBUSDJan 1968
P1EG34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 1 REPR 1 SHS UNSPONBRBRLJan 2020

Biography

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 a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/23 06:34
End of Day Share Price2020/09/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.