Reading the tape
NYSE: PEG
Public Service Enterprise Group Incorporated
Utilities · Regulated Electric
Market Cap
$40.01B
52w High
$91.26
52w Low
$76.00
P/E
18.95
Volume
1.95M
Outstanding Shares
499.15M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 1.89%Revenue (TTM): 18.25%FCF (TTM): 122.13%P/E: 51st pct
What changed
The stock rose 1.89% over the last year. Revenue grew 18.25% over the trailing twelve months. Operating margin moved from 22.87% to 24.49%. Free cash flow grew 122.13% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 24.49%. A decisive move in revenue — currently up 18.25% — would be the clearest signal to resolve the ambiguity.
Company profile
Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States.
CEORalph A. LaRossa
SectorUtilities
IndustryRegulated Electric
Employees13,047
IPO dateJan 2, 1980
Valuation
Forward P/E—
EV/EBITDA13.87
Enterprise value$64.31B
Stock splits
Feb 5, 2008↑ Forward
Every 1 shares became 2
Jul 27, 1987↑ Forward
Every 2 shares became 3
Profitability & growth
Revenue growth18.26%
Gross margin69%▲100.51%vs FY2024
Operating margin24.49%▲7.10%vs FY2024
ROE12.43%▲13.04%vs FY2024
Analyst consensus
RatingBuy
Target price$90.00▲12.29%
16
Buy
15
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est $1.47 · Revenue est $3.35B
View
Dividends
$2.60/shareQuarterlyDividend Aristocrat · 36yrAt RiskPEG pays a dividend with a 3.24% declared yield, 36 consecutive years of growth, growing at 5.39% annually, covered 0.3× by free cash flow.
Declared Yield
3.24%
Annual Div / Share
$2.60
5yr CAGR
+5.39%
Doubles every ~13.2yr
Payout Ratio
59.59%
At Risk
Dividend Growth Rate
3yr CAGR
+5.41%
5yr CAGR
+5.39%
10yr CAGR
+4.97%
Dividend Safety
4/10At Risk
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$2.60+5.7%
2025$2.46+5.1%
2024$2.34+5.4%
2023$2.22+5.7%
2022$2.10+5.0%
2021$2.00+4.2%
2020$1.92+4.3%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$32/yr
$3/mo
In 5 yrs
$42/yr+30%
$4/mo
In 10 yrs
$55/yr+69%
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$32/yr $3/mo | $42/yr+30% $4/mo | $55/yr+69% $5/mo |
Yield-on-cost grows from 3.24% → 5.48% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
PEG has raised its dividend for 36 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 5.39% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only 0.26× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.