Public Service Enterprise Group Incorporated (PEG) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Public Service Enterprise Group Incorporated (PEG) trades at $74.62 with AI Score 77/100 (Grade A). Public Service Enterprise Group (PEG) is a diversified energy company operating primarily in the Northeastern and Mid-Atlantic United States. Market cap: $37.2B, Sector: Utilities.
Price as of Aug 21, 2026 · Last analyzed: May 7, 2026PEG stock analysis for 2026: Analysts have set a consensus price target of $90.17 for Public Service Enterprise Group Incorporated, suggesting 20.8% upside from the current price of $74.62. The AI MoonshotScore is 77/100, indicating a strong bullish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
PEG: 1/3 scored disciplines lean bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Public Service Enterprise Group Incorporated (PEG) Utility Operations & Dividend Profile
Public Service Enterprise Group (PEG) is a diversified energy company focused on regulated electric and gas distribution through its PSE&G segment. With a significant presence in the Northeastern and Mid-Atlantic United States, PEG invests in infrastructure and energy efficiency programs, positioning it within a stable, regulated market.
What Is the Investment Thesis for PEG?
Public Service Enterprise Group presents a stable investment opportunity within the regulated utilities sector. The company's PSE&G segment provides consistent revenue through its regulated electricity and gas distribution services. With a dividend yield of 3.23% and a beta of 0.60, PEG offers a relatively low-risk profile. Growth catalysts include ongoing investments in infrastructure modernization and energy efficiency programs, which are supported by regulatory frameworks. However, investors should be aware of potential risks, including regulatory changes and fluctuations in energy prices, which could impact profitability. The company's P/E ratio of 18.1 reflects a reasonable valuation compared to its peers.
Based on FMP financials and quantitative analysis
PEG Key Highlights
Market capitalization of $37.2B, indicating a significant presence in the utilities sector.
- P/E ratio of 18.1, suggesting a reasonable valuation relative to earnings.
- Profit margin of 17.7%, reflecting efficient operations and cost management.
- Gross margin of 79.6%, indicating strong pricing power and efficient cost of goods sold.
- Dividend yield of 3.23%, offering an attractive income stream for investors.
Who Are PEG's Competitors?
PEG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| D Dominion Energy, Inc. | $67.95 | -0.50% | $59.8B | 44 |
| ETR Entergy Corporation | $107.34 | -0.57% | $50.1B | 49 |
| XEL Xcel Energy Inc. | $78.71 | -0.88% | $49.2B | 44 |
| EXC Exelon Corporation | $45.06 | -0.53% | $46.4B | 45 |
| ED Consolidated Edison, Inc. | $108.31 | +0.29% | $39.9B | 90 |
| WEC WEC Energy Group, Inc. | $108.66 | -0.62% | $36.0B | 62 |
| PPLC PPL CORP CORPORATE UNIT | $47.08 | -0.00% | $35.0B | 52 |
| AEE Ameren Corporation | $109.32 | +0.04% | $30.3B | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PEG's Key Strengths?
Stable revenue streams from regulated utility operations.
- Strong market position in the Northeastern and Mid-Atlantic United States.
- Commitment to infrastructure modernization and energy efficiency.
- Experienced management team and skilled workforce.
What Are PEG's Weaknesses?
Exposure to regulatory risks and changes in government policies.
- Dependence on aging infrastructure that requires ongoing maintenance and upgrades.
- Vulnerability to fluctuations in energy prices and demand.
- Negative Free Cash Flow of $-0.11B
What Could Drive PEG Stock Higher?
Investments in energy efficiency programs driving increased adoption and customer participation.
- Infrastructure modernization projects enhancing grid reliability and reducing energy losses.
- Regulatory approvals for new renewable energy projects.
- Expansion of electric vehicle charging infrastructure to support EV adoption.
What Are the Key Risks for PEG?
Financial-distress signal — its Altman Z-Score of 1.25 sits in the distress zone (elevated bankruptcy risk).
- Changes in regulatory policies impacting revenue and profitability.
- Fluctuations in energy prices affecting customer demand and financial performance.
- Cybersecurity threats targeting critical infrastructure.
- Climate change impacts on energy demand and infrastructure resilience.
What Are the Growth Opportunities for PEG?
- Infrastructure Modernization: Public Service Enterprise Group has ongoing opportunities to modernize its existing infrastructure, including upgrading transmission lines and distribution networks. These upgrades enhance reliability, reduce energy losses, and improve overall efficiency. Investments in smart grid technologies can further optimize energy delivery and enable better demand response. The market for grid modernization is substantial, with billions of dollars being invested annually to improve the resilience and performance of energy infrastructure. Timeline: Ongoing.
- Energy Efficiency Programs: PSEG's investments in energy efficiency programs represent a significant growth opportunity. These programs help customers reduce their energy consumption through rebates, incentives, and educational initiatives. As energy efficiency becomes increasingly important for meeting environmental goals and reducing energy costs, the demand for these programs is expected to grow. The market for energy efficiency products and services is estimated to be worth billions of dollars annually. Timeline: Ongoing.
- Renewable Energy Investments: Public Service Enterprise Group is expanding its investments in renewable energy sources, such as solar and wind power. These investments align with the growing demand for clean energy and help the company reduce its carbon footprint. Government policies and incentives, such as tax credits and renewable energy mandates, support the growth of the renewable energy sector. Timeline: Ongoing.
- Electric Vehicle Infrastructure: The increasing adoption of electric vehicles (EVs) presents a growth opportunity for Public Service Enterprise Group. The company can invest in EV charging infrastructure to support the growing number of EVs on the road. This includes installing charging stations at residential, commercial, and public locations. The market for EV charging infrastructure is expected to grow rapidly as EV adoption increases. Timeline: Ongoing.
- Expansion of Gas Distribution Network: Public Service Enterprise Group can expand its gas distribution network to serve new residential, commercial, and industrial customers. This expansion can involve extending gas pipelines to underserved areas and connecting new customers to the existing network. The demand for natural gas remains strong, particularly for heating and industrial processes. The market for gas distribution infrastructure is expected to grow as the population and economy expand. Timeline: Ongoing.
What Threats Does PEG Face?
- Increasing competition from other energy providers.
- Potential for disruptive technologies to alter the energy landscape.
- Cybersecurity threats to critical infrastructure.
- Climate change impacts on energy demand and infrastructure resilience.
What Are PEG's Competitive Advantages?
- Regulated utility status provides a natural monopoly in its service territory.
- Extensive infrastructure network creates a barrier to entry for potential competitors.
- Long-standing relationships with customers and regulators enhance its competitive position.
What Does PEG Do?
Public Service Enterprise Group Incorporated (PSEG) was incorporated in 1985 and is headquartered in Newark, New Jersey. The company operates as a diversified energy provider, primarily serving the Northeastern and Mid-Atlantic regions of the United States. PSEG's operations are divided into two main segments: PSE&G and PSEG Power. The PSE&G segment focuses on the transmission and distribution of electricity and gas to residential, commercial, and industrial customers. This segment also invests in solar generation projects, energy efficiency initiatives, and appliance services. As of December 31, 2021, PSE&G maintained an extensive infrastructure network, including 25,000 circuit miles of electric transmission and distribution lines, 862,000 poles, and numerous switching and substations. The gas distribution system comprised 18,000 miles of mains and multiple regulating stations. The PSEG Power segment, while previously a significant part of the business, has undergone strategic changes in recent years with a focus on decarbonization and renewable energy investments. PSEG's commitment to infrastructure upgrades and energy efficiency programs underscores its role as a key player in the regional energy market.
What Products and Services Does PEG Offer?
- Transmits electricity across its service territory.
- Distributes electricity to residential, commercial, and industrial customers.
- Distributes natural gas to residential, commercial, and industrial customers.
- Invests in solar generation projects.
- Offers energy efficiency programs to reduce customer energy consumption.
- Provides appliance services and repairs.
How Does PEG Make Money?
- Generates revenue through regulated electricity and gas distribution services.
- Earns returns on investments in infrastructure and energy efficiency programs.
- Benefits from regulated pricing mechanisms that provide stable revenue streams.
What Industry Does PEG Operate In?
Public Service Enterprise Group operates within the regulated utilities sector, which is characterized by stable demand and regulated pricing. The industry is undergoing a transition towards cleaner energy sources, driven by environmental regulations and technological advancements. Companies like PEG are investing in renewable energy projects and upgrading their infrastructure to support this transition. The competitive landscape includes other major players such as Dominion Energy, Inc. (D), Entergy Corporation (ETR), and Exelon Corporation (EXC), all vying for market share in the energy sector. The industry is also influenced by government policies and incentives aimed at promoting energy efficiency and renewable energy adoption.
Who Are PEG's Key Customers?
- Residential customers who rely on electricity and gas for their daily needs.
- Commercial customers, including businesses and organizations, that require electricity and gas for their operations.
- Industrial customers who use electricity and gas for manufacturing and production processes.
Insider Activity
Over the past six months, Public Service Enterprise Group Incorporated insiders filed 29 SEC Form 4 transactions — 13 sales and 16 purchases. On net that is roughly 22K shares acquired (about $550K) — insiders putting money in tends to read as conviction.
Forward Outlook
Wall Street analysts project Public Service Enterprise Group Incorporated revenue of about $12.56B for fiscal 2026, with EPS near $4.37. The estimate reflects 9 contributing analysts.
Earnings Track Record
Public Service Enterprise Group Incorporated has beaten Wall Street's EPS estimate in 7 of its last 8 reported quarters — a consistent record of delivering on expectations. Reported results have landed about 5.4% above estimates on average.
Financial Health
Public Service Enterprise Group Incorporated's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.25 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Return on equity for Public Service Enterprise Group Incorporated stands at 13.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.9%, showing how much profit it generates from its asset base. PEG trades at a trailing price-to-earnings ratio of 18.07, roughly in line with the Utilities sector average of ~19x. Its free cash flow yield is -0.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.18 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 5.5%, the inverse of the P/E and a quick read on earnings relative to price.
Public Service Enterprise Group Incorporated (PEG) Valuation Context
Valued at $37.2B, PEG is classified as a large-cap stock. Relative to its peer group, PEG's quantitative score of 77/100 is above the peer average of 54/100.
PEG Revenue & Earnings Trend
In Q2 2026, PEG generated $2.55B in top-line revenue, marking a sequential decrease of 33.6%. The company recorded net income of $334.0M, with diluted EPS of $0.67. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Utilities. Across the four most recent quarters, PEG averaged $1.00 in diluted EPS.
Company Profile
Public Service Enterprise Group Incorporated operates in the Regulated Electric industry within the Utilities sector. It is headquartered in Newark, US. The company is led by CEO Ralph A. LaRossa. PEG has traded publicly since 1980.
PEG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Stable revenue streams from regulated utility operations.
- Strong market position in the Northeastern and Mid-Atlantic United States.
- Commitment to infrastructure modernization and energy efficiency.
- Experienced management team and skilled workforce.
Bear Case
- Exposure to regulatory risks and changes in government policies.
- Dependence on aging infrastructure that requires ongoing maintenance and upgrades.
- Vulnerability to fluctuations in energy prices and demand.
- Negative Free Cash Flow of $-0.11B
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
From the Earnings Call
“This investment program supports the utility's 6% to 7.5% compound annual growth in rate base, also through 2030, and helps drive a 6% to 8% non-GAAP operating earnings CAGR at Public Service Enterprise Group Incorporated over that same period.”
— Ralph A. LaRossa
“This investment program supports the utility's 6% to 7.5% compound annual growth in rate base, also through 2030, and helps drive a 6% to 8% non-GAAP operating earnings CAGR at Public Service Enterprise Group Incorporated over that same period.”
— Ralph A. LaRossa
PEG Q1 FY2026 earnings call transcript · 2026-05-05
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $2.55B | $334M | $0.67 |
| Q1 2026 | $3.85B | $741M | $1.48 |
| Q4 2025 | $2.92B | $315M | $0.63 |
| Q3 2025 | $3.23B | $622M | $1.24 |
Based on FMP financials and quantitative analysis
PEG Latest News
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Jefferies Adjusts Price Target on Public Service Enterprise to $73 From $78, Keeps Hold Rating
MT Newswires · Aug 14, 2026
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Truist Securities Maintains Hold on Public Service Enterprise, Lowers Price Target to $84
benzinga · Aug 13, 2026
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Do Wall Street Analysts Like Public Service Enterprise Stock?
Yahoo! Finance: PEG News · Aug 12, 2026
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PSEG (PEG) Q2 2026 Earnings Call Transcript
Yahoo! Finance: PEG News · Aug 11, 2026
PEG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for PEG.
Price Targets
Consensus target: $90.17
PEG MoonshotScore
What does this score mean?
The MoonshotScore rates PEG 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Latest News
Jefferies Adjusts Price Target on Public Service Enterprise to $73 From $78, Keeps Hold Rating
Truist Securities Maintains Hold on Public Service Enterprise, Lowers Price Target to $84
Do Wall Street Analysts Like Public Service Enterprise Stock?
PSEG (PEG) Q2 2026 Earnings Call Transcript
Related Investment Themes
Leadership: Ralph A. LaRossa
CEO
Ralph A. LaRossa has extensive experience in the energy industry, having held various leadership positions within Public Service Enterprise Group. His career spans several decades, during which he has overseen significant operational and strategic initiatives. LaRossa's background includes expertise in utility operations, regulatory affairs, and financial management. He is known for his focus on innovation and sustainability, driving PSEG's efforts to modernize its infrastructure and reduce its carbon footprint. LaRossa is a graduate of Stevens Institute of Technology.
Track Record: Under Ralph LaRossa's leadership, Public Service Enterprise Group has focused on enhancing its infrastructure and expanding its renewable energy portfolio. Key achievements include the implementation of advanced grid technologies and the development of large-scale solar projects. LaRossa has also prioritized customer service and reliability, ensuring that PSEG continues to provide essential energy services to its customers. He manages 13047 employees.
Common Questions About PEG (Utilities)
What does the AI Score mean for PEG?
PEG holds an AI Score of 77/100 (Grade: A). This is an educational research signal, not a buy or sell recommendation. Public Service Enterprise Group (PEG) is a diversified energy company operating primarily in the Northeastern and Mid-Atlantic United States. Through its PSE&G and PSEG Power segments, the company …
What does Public Service Enterprise Group Incorporated do?
Public Service Enterprise Group Incorporated (PSEG) is an energy company that operates primarily in the Northeastern and Mid-Atlantic United States. Through its PSE&G segment, the company transmits and distributes electricity and gas to residential, commercial, and industrial customers. PSEG also invests in solar generation projects and energy efficiency programs. The company's business model focuses on providing reliable energy services while modernizing its infrastructure and expanding its renewable energy portfolio.
What do analysts say about PEG stock?
Analyst consensus on Public Service Enterprise Group stock is generally neutral, reflecting the stability of the regulated utilities sector. Key valuation metrics, such as the P/E ratio of 18.1, suggest a reasonable valuation compared to its peers. Growth considerations include the company's investments in infrastructure modernization and renewable energy projects.
What are the main risks for PEG?
The main risks for Public Service Enterprise Group include regulatory risks, such as changes in government policies that could impact revenue and profitability. Fluctuations in energy prices can also affect customer demand and financial performance. Cybersecurity threats pose a risk to critical infrastructure, potentially disrupting energy services.
How does Public Service Enterprise Group Incorporated compare to competitors in its industry?
Public Service Enterprise Group competes with other major energy companies such as Dominion Energy, Entergy Corporation, and Exelon Corporation. While Dominion Energy has a larger geographic footprint, PSEG maintains a strong market position in the Northeastern and Mid-Atlantic United States. Compared to Entergy, which focuses on the Southern United States, PSEG operates in a different regional market.
What are the key financial metrics investors watch for PEG?
Investors typically monitor several key financial metrics for Public Service Enterprise Group. These include revenue growth, which reflects the company's ability to expand its customer base and increase energy sales. Profit margin, currently at 17.7%, indicates the efficiency of operations and cost management. The dividend yield of 3.23% is an important metric for income-seeking investors.
What are the key factors to evaluate for PEG?
Public Service Enterprise Group Incorporated (PEG) holds an AI score of 77/100 (high). P/E: 18.1x vs the S&P 500's ~20-25x. Analysts target $90.17 (+21%). Not financial advice.
How frequently does PEG data refresh on this page?
PEG's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven PEG's recent stock price performance?
Public Service Enterprise Group Incorporated (PEG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Stable revenue streams from regulated utility operations. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
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- The information provided is based on available data and is subject to change.
- This analysis is for informational purposes only and does not constitute investment advice.