Public Service Enterprise Group Inc (PEG)
Utilities · Electric Utilities · US stock · S&P 500 component
$71.49
▲ +1.28 (1.82%)
Fair valueFair
$82 +14.1% to fair value
$41fair band $49–$114$122
Day's range
$70.16 – $71.71
52-week range
$66.15 – $85.40
Red flags⚠ Dividend may be at risk
About Public Service Enterprise Group Inc
Public Service Enterprise Group is a holding company whose main business is PSE&G, a regulated utility delivering electricity and natural gas to customers in New Jersey. It also owns PSEG Power, which operates nuclear generation and sells electricity into wholesale markets. Revenue comes mainly from regulated delivery rates approved by the state, together with sales of power from its generation fleet.
Revenue of $13.0 billion was recorded for the latest twelve months; sales expanded at 2.7% a year across three years. Public Service Enterprise Group Inc converts that into an operating margin of 22.3%. Return on invested capital comes to 6%. Leverage, measured as net debt to EBITDA, is 8.4 times. The company pays a dividend with a yield of 3.7%, and the X-Ray Score is 57 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $66.15 – $85.40Volume 3,131,600Daily, split-adjusted
Vitals
Market cap$35.7B
52-week range$66.15 – $85.40
Volume (last day)3,131,600
P/E (TTM)17.8
EBIT / EV yield4.8%
Free-cash-flow yield0.8%
Dividend yield3.7%
Revenue (TTM)$13.0B
Net income (TTM)$2.0B
Operating margin22.3%
Return on capital6.2%
Debt incl. leases$24.5B
Cash & securities$192M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$82model spread $72 – $94
Fair
+14.1% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is High, so the safety margin is 40%.
Terminal value >80% of DCF: lower confidence
Price $71
Undervalued < $49Fair $49 – $114Overvalued > $114
10-year DCF (market-scaled)
$71
Peer multiples
$82
Earnings power floor (not blended)
$16
Fundamentals-adjusted multiple
$91
Growth the price implies
9.6%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Utilities peers. Open a lens to see the numbers behind it.
Valuation
Strong
72/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.8%
Free-cash-flow yield0.8%
Fair value vs price1.1×
Growth
Fair
63/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)2.7%
EPS growth (3y)27.0%
Growth consistency70%
Profitability
Weak
45/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital6.2%
Operating margin22.3%
Financial health
Fair
66/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score7 / 9
Net debt / EBITDA8.4×
Interest cover2.7×
Dividends
Weak
47/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield3.7%
Dividends vs free cash flow477%
Dividend growth5.2%
Quarterly results: last 6 quarters
+22.7%
Mar '25
+15.8%
Jun '25
+22.1%
Sep '25
+18.3%
Dec '25
+22.7%
Mar '26
-2.7%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.7B, diluted EPS $0.67.
Compare with peers
EIX Edison International71 EXC Exelon Corp66 ES Eversource Energy66 AEP American Electric Powe...63Other Electric Utilities companies by X-Ray Score.
Fundamentals checklist
● 8 Good · ● 3 Average · ● 3 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldGood
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
EPS growth (3y)Good
Revenue growth (3y)Average
Growth consistencyBad
Balance sheet
Current ratioAverage
Net debt / EBITDABad
Interest coverGood
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 59/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $10.3B | $11.2B | $11.2B | $10.3B | $12.2B |
| Operating income | −$856M | $1.4B | $3.7B | $2.4B | $3.0B |
| Net income | −$648M | $1.0B | $2.6B | $1.8B | $2.1B |
| Operating cash flow | $1.7B | $1.5B | $3.8B | $2.1B | $3.3B |
| Operating margin | -8.3% | 12.3% | 32.8% | 22.9% | 24.5% |
| Free cash flow | −$983M | −$1.4B | $481M | −$1.2B | $26M |
| Diluted EPS | $-1.29 | $2.06 | $5.13 | $3.54 | $4.22 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
5 bullish · 2 neutral · 9 bearish
Weekly
Strongly bearish
2 bullish · 1 neutral · 9 bearish
Monthly
Bearish
2 bullish · 1 neutral · 5 bearish
Moving averages (daily)
| SMA 10 | 70.98 | Bullish |
| EMA 10 | 70.58 | Bullish |
| SMA 20 | 69.34 | Bullish |
| EMA 20 | 70.38 | Bullish |
| SMA 50 | 71.57 | Bearish |
| EMA 50 | 71.73 | Bearish |
| SMA 100 | 75.06 | Bearish |
| EMA 100 | 73.87 | Bearish |
| SMA 200 | 77.26 | Bearish |
| EMA 200 | 75.89 | Bearish |
Oscillators (daily)
| RSI (14) | 55.41 | Neutral |
| MACD (12, 26) | -0.05 | Bearish |
| Momentum (12) | 6.16 | Bullish |
| Stochastic %K (14) | 84.76 | Bearish |
| Williams %R (14) | -15.24 | Bearish |
| CCI (20) | 74.78 | Neutral |
Pivot points (classic, last session)
S3 68.98 | S2 69.57 | S1 70.53 | Pivot 71.12 | R1 72.08 | R2 72.67 | R3 73.63 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.64 USD
Yield on today's price
3.69%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 9 Sep 2026 | 0.6700 |
| 9 Jun 2026 | 0.6700 |
| 10 Mar 2026 | 0.6700 |
| 10 Dec 2025 | 0.6300 |
| 9 Sep 2025 | 0.6300 |
| 9 Jun 2025 | 0.6300 |
| 10 Mar 2025 | 0.6300 |
| 10 Dec 2024 | 0.6000 |
| 9 Sep 2024 | 0.6000 |
| 7 Jun 2024 | 0.6000 |
| 7 Mar 2024 | 0.6000 |
| 7 Dec 2023 | 0.5700 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
PEG SEC filings
4 Aug 2026
10-QSEC EDGAR
Quarterly report
4 Aug 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
1 Jul 2026
8-KSEC EDGAR
Regulation FD disclosure
3 Jun 2026
8-KSEC EDGAR
Other events
2 Jun 2026
424B5SEC EDGAR
424B5
1 Jun 2026
424B5SEC EDGAR
424B5
5 May 2026
10-QSEC EDGAR
Quarterly report
5 May 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.