NYSE: PEG
Public Service Enterprise Group Incorporated
Utilities · Regulated Electric
After hours: $77.15(+0.61%) · as of 8:00 PM ET
Market Cap
$38.21B
52w High
$91.26
52w Low
$76.05
P/E
16.94
Volume
3.67M
Outstanding Shares
498.32M
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock fell 14.6% over the last year. Revenue grew 18.99% over the trailing twelve months. Operating margin moved from 22.93% to 25.47%. Free cash flow grew 90.72% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 40th percentile of their historical P/E range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 25.47%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Public Service Enterprise Group Incorporated (PSEG) is an energy provider primarily operating through its subsidiaries in the Northeastern and Mid-Atlantic United States.
Valuation
Stock splits
Every 1 shares became 2
Every 2 shares became 3
Profitability & growth
Analyst consensus
16
Buy
16
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
Aug 4, 2026
Q3 FY26 · EPS est $0.79 · Revenue est $2.66B
View
Dividends
$2.64/shareQuarterlyDividend Aristocrat · 36yrAt RiskPEG pays a dividend with a 3.44% declared yield, 36 consecutive years of growth, growing at 5.5% annually, covered 0.3× by free cash flow.
Declared Yield
3.44%
Annual Div / Share
$2.64
5yr CAGR
+5.5%
Doubles every ~12.9yr
Payout Ratio
56.47%
At Risk
Dividend Growth Rate
3yr CAGR
+5.47%
5yr CAGR
+5.5%
10yr CAGR
+5%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$3/mo
In 5 yrs
$4/mo
In 10 yrs
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$34/yr $3/mo | $45/yr+31% $4/mo | $59/yr+71% $5/mo |
Yield-on-cost grows from 3.44% → 5.88% 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 5.5% 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.