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 and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2020, it had electric transmission and distribution system of 25,000 circuit miles and 860,000 poles; 54 switching stations with an installed capacity of 38,353 megavolt-amperes (MVA), and 245 substations with an installed capacity of 8,647 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations. The Power segment operates nuclear, gas, oil-fired, and renewable generation assets. It has total generating output was approximately 52,900 gigawatts hours; and owns and operates 467 MW direct current of photovoltaic solar generation facilities. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
IPO Year:
Exchange: NYSE
Website: pseg.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/19/2025 | $82.50 | Buy → Neutral | Ladenburg Thalmann |
| 1/27/2025 | $88.00 → $84.00 | Overweight → Equal Weight | Barclays |
| 9/13/2024 | $85.00 | Hold | Jefferies |
| 6/17/2024 | $82.00 | Neutral → Buy | Guggenheim |
| 1/22/2024 | $61.00 | Buy → Neutral | Guggenheim |
| 8/23/2023 | $64.00 | Overweight | Barclays |
| 8/14/2023 | $70.00 → $66.00 | Buy → Neutral | UBS |
| 6/20/2023 | Buy → Neutral | Seaport Research Partners | |
| 6/8/2023 | $64.00 | Neutral | Goldman |
| 4/3/2023 | Neutral | Ladenburg Thalmann |
PSE&G files updated proposal to offer additional short-term assistance, while standing ready for long-term solutions NEWARK, N.J., May 15, 2025 /PRNewswire/ -- PSE&G today announced that it is amending its May 7, 2025 filing with the New Jersey Board of Public Utilities (BPU) to provide additional short-term relief for mitigating the impact of recent significant increases in electric supply costs caused by PJM's high capacity market prices. In the filing, PSE&G is responding to requests for temporary solutions from Gov. Phil Murphy issued in a press release yesterday, in addition to a one-time waiver of carrying costs for credits that might be issued this summer, pending BPU action.
$1.18 PER SHARE NET INCOME $1.43 PER SHARE NON-GAAP OPERATING EARNINGS Maintains 2025 Non-GAAP Operating Earnings Guidance of $3.94 - $4.06 Per Share NEWARK, N.J., April 30, 2025 /PRNewswire/ -- Public Service Enterprise Group (NYSE:PEG) reported the following results for the first quarter 2025: PSEG Consolidated (unaudited)First Quarter Comparative Results Income Earnings Per Share ($ millions, except per share amounts) 1Q 2025 1Q 2024 1Q 2025 1Q 2024 Net Income $589 $532 $1.18 $1.06 Reconciling Items 129 125 0.25 0.25 Non-GAAP Operating Earnings $718 $657 $1.43 $1.31 A
NEWARK, N.J., April 22, 2025 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.63 per share dividend on the outstanding common stock of the company for the second quarter of 2025. All dividends for the second quarter are payable on or before June 30, 2025, to shareholders of record on June 9, 2025. About PSEG Public Service Enterprise Group (PSEG) (NYSE:PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric an
NEWARK, N.J., April 8, 2025 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2025 earnings call at 11:00 a.m. ET on Wednesday, April 30, during which management will discuss first quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters. The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com. A replay of the audio webcast, al
Nearly 40,000 customers receive monthly bill discount based on enrollment in benefit programs UNIONDALE, N.Y., March 21, 2025 /PRNewswire/ -- While heating season is drawing to a close and related New York State assistance programs are drawing down the remainder of their funds, PSEG Long Island reminds customers struggling with their bills that they can apply for the company's Household Assistance Program year-round. Customers can call PSEG Long Island's Advocacy Hotline for assistance with applying: 631-755-3407. Nearly 40,000 residential customers are currently on the Househ
If someone calls and threatens to immediately shut off the power, it's likely fraudulent UNIONDALE, N.Y., Feb. 28, 2025 /PRNewswire/ -- For National Consumer Protection Week (March 2-8). PSEG Long Island urges customers to understand scammers' tactics and do the right thing if confronted with a demand for payment and a threat of imminent shutoff: Stop and verify before acting. Reach out to PSEG Long Island for confirmation. "Consumer Protection Week is a time for helping people understand how to defend themselves from frauds and scams. PSEG Long Island wants customers to rem
$3.54 PER SHARE NET INCOME $3.68 PER SHARE NON-GAAP OPERATING EARNINGS Initiates 2025 Non-GAAP Operating Earnings Guidance of $3.94 - $4.06 Per Share, midpoint up ~9% over 2024 resultsExtends PSEG's 5% - 7% Non-GAAP Operating Earnings CAGR for 2025-2029, at the Production Tax Credit threshold, from higher 2025 midpoint Raises PSEG's 2025 - 2029 Capital Spending Plan to $22.5 billion - $26 billion, up by $3.5 billion from prior planTargets PSE&G Rate Base CAGR of 6% - 7.5% for 2025-2029, from ~12% higher YE 2024 balanceNEWARK, N.J., Feb. 25, 2025 /PRNewswire/ -- Public Service Enterprise Group (NYSE:PEG) reported the following results for the full year and fourth quarter 2024:
Indicative Annual Dividend Rate Increases by 5% to $2.52 Per Share PSEG's 118th Year of Paying a Common Dividend to Shareholders NEWARK, N.J., Feb. 11, 2025 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.63 per share quarterly common stock dividend for the first quarter of 2025, payable on or before March 31, 2025, to shareholders of record on March 10, 2025. This action represents an increase of $0.03 per share in the company's quarterly common stock dividend, bringing the 2025 indicative annual rate to $2.52 per share.
NEWARK, N.J., Feb. 4, 2025 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2024 earnings call at 11:00 a.m. ET on Tuesday, February 25, during which management will discuss fourth quarter and year end financial results, financial guidance, capital investments, regulatory activities, and other important matters. The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com. A re
Second Dual Win Continues Legacy of Excellence NEWARK, N.J., Jan. 6, 2025 /PRNewswire/ -- Public Service Electric & Gas (PSE&G), New Jersey's largest utility, is proud to announce that J.D. Power has recognized PSE&G as the top utility for residential customer satisfaction in both the electric and gas customer service categories in the East Large Segment for 2024. This achievement marks the second time PSE&G has earned this prestigious dual recognition for its residential customer satisfaction. No. 1 Ranking in all Residential Electric Factors In the Residential Electric stud
Ladenburg Thalmann downgraded Public Service from Buy to Neutral and set a new price target of $82.50
Barclays downgraded Public Service from Overweight to Equal Weight and set a new price target of $84.00 from $88.00 previously
Jefferies initiated coverage of Public Service with a rating of Hold and set a new price target of $85.00
Guggenheim upgraded Public Service from Neutral to Buy and set a new price target of $82.00
Guggenheim downgraded Public Service from Buy to Neutral and set a new price target of $61.00
Barclays initiated coverage of Public Service with a rating of Overweight and set a new price target of $64.00
UBS downgraded Public Service from Buy to Neutral and set a new price target of $66.00 from $70.00 previously
Seaport Research Partners downgraded Public Service from Buy to Neutral
Goldman initiated coverage of Public Service with a rating of Neutral and set a new price target of $64.00
Ladenburg Thalmann initiated coverage of Public Service with a rating of Neutral
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer)
NEWARK, N.J., April 11, 2023 /PRNewswire/ -- PSEG has announced that Eric Carr, PSEG Nuclear president and chief nuclear officer, has accepted a position outside of the company and will be leaving PSEG, effective May 19, 2023. Charles "Chaz" McFeaters, PSEG senior vice president Nuclear Operations, will succeed Carr as PSEG Nuclear president and chief nuclear officer. "PSEG Nuclear is a critical part of PSEG's powering progress vision and New Jersey's clean energy goals," said Ralph LaRossa, chair, president and chief executive officer of PSEG. "We are confident that Chaz will
SC 13G/A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Subject)
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SC 13G/A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Subject)
SC 13G - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Subject)
SC 13G/A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Subject)
SC 13G/A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Subject)
SC 13G/A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Subject)
SC 13G/A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Subject)
SC 13G/A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Subject)
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10-Q - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Filer)
8-K - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Filer)
8-K - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Filer)
DEFA14A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Filer)
DEFA14A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Filer)
DEF 14A - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Filer)
8-K - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Filer)
424B5 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Filer)
FWP - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Subject)
424B5 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Filer)
$1.18 PER SHARE NET INCOME $1.43 PER SHARE NON-GAAP OPERATING EARNINGS Maintains 2025 Non-GAAP Operating Earnings Guidance of $3.94 - $4.06 Per Share NEWARK, N.J., April 30, 2025 /PRNewswire/ -- Public Service Enterprise Group (NYSE:PEG) reported the following results for the first quarter 2025: PSEG Consolidated (unaudited)First Quarter Comparative Results Income Earnings Per Share ($ millions, except per share amounts) 1Q 2025 1Q 2024 1Q 2025 1Q 2024 Net Income $589 $532 $1.18 $1.06 Reconciling Items 129 125 0.25 0.25 Non-GAAP Operating Earnings $718 $657 $1.43 $1.31 A
NEWARK, N.J., April 22, 2025 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.63 per share dividend on the outstanding common stock of the company for the second quarter of 2025. All dividends for the second quarter are payable on or before June 30, 2025, to shareholders of record on June 9, 2025. About PSEG Public Service Enterprise Group (PSEG) (NYSE:PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric an
$3.54 PER SHARE NET INCOME $3.68 PER SHARE NON-GAAP OPERATING EARNINGS Initiates 2025 Non-GAAP Operating Earnings Guidance of $3.94 - $4.06 Per Share, midpoint up ~9% over 2024 resultsExtends PSEG's 5% - 7% Non-GAAP Operating Earnings CAGR for 2025-2029, at the Production Tax Credit threshold, from higher 2025 midpoint Raises PSEG's 2025 - 2029 Capital Spending Plan to $22.5 billion - $26 billion, up by $3.5 billion from prior planTargets PSE&G Rate Base CAGR of 6% - 7.5% for 2025-2029, from ~12% higher YE 2024 balanceNEWARK, N.J., Feb. 25, 2025 /PRNewswire/ -- Public Service Enterprise Group (NYSE:PEG) reported the following results for the full year and fourth quarter 2024:
Indicative Annual Dividend Rate Increases by 5% to $2.52 Per Share PSEG's 118th Year of Paying a Common Dividend to Shareholders NEWARK, N.J., Feb. 11, 2025 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.63 per share quarterly common stock dividend for the first quarter of 2025, payable on or before March 31, 2025, to shareholders of record on March 10, 2025. This action represents an increase of $0.03 per share in the company's quarterly common stock dividend, bringing the 2025 indicative annual rate to $2.52 per share.
NEWARK, N.J., Nov. 19, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.60 per share dividend on the outstanding common stock of the company for the fourth quarter of 2024. All dividends for the fourth quarter are payable on or before December 31, 2024, to shareholders of record on December 10, 2024. About PSEG Public Service Enterprise Group (PSEG) (NYSE:PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where
$1.04 PER SHARE NET INCOME $0.90 PER SHARE NON-GAAP OPERATING EARNINGS PSE&G Distribution Base Rate Case Settlement Approved and Implemented PSE&G's Energy Efficiency Programs Expanded and Extended PSEG Narrows Full-Year 2024 Non-GAAP Operating Earnings Guidance NEWARK, N.J., Nov. 4, 2024 /PRNewswire/ -- Public Service Enterprise Group (NYSE:PEG) reported the following results for the third quarter of 2024: PSEG Consolidated (unaudited)Third Quarter Comparative Results Income Diluted Earnings Per Share ($ millions, except per share amounts) 3Q 2024 3Q 2023 3Q 2024 3Q 2023 Ne
$0.87 PER SHARE NET INCOME $0.63 PER SHARE NON-GAAP OPERATING EARNINGS Reaffirms Full-Year 2024 Non-GAAP Operating Earnings Guidance NEWARK, N.J., July 30, 2024 /PRNewswire/ -- Public Service Enterprise Group (NYSE:PEG) reported the following results for the second quarter of 2024: PSEG Consolidated (unaudited)Second Quarter Comparative Results Income Diluted Earnings Per Share ($ millions, except per share amounts) 2Q 2024 2Q 2023 2Q 2024 2Q 2023 Net Income $434 $591 $0.87 $1.18 Reconciling Items (121) (240) (0.24) (0.48) Non-GAAP Operating Earnings $313 $351 $0.63 $0.70
NEWARK, N.J., July 15, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.60 per share dividend on the outstanding common stock of the company for the third quarter of 2024. All dividends for the third quarter are payable on or before September 30, 2024, to shareholders of record on September 9, 2024. About PSEG Public Service Enterprise Group (PSEG) (NYSE:PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where
$1.06 PER SHARE NET INCOME $1.31 PER SHARE NON-GAAP OPERATING EARNINGS Reaffirms 2024 Non-GAAP Operating Earnings Guidance of $3.60 - $3.70 Per Share NEWARK, N.J., April 30, 2024 /PRNewswire/ -- Public Service Enterprise Group (NYSE:PEG) reported the following results for the first quarter of 2024: PSEG Consolidated (unaudited)First Quarter Comparative Results Income Diluted Earnings Per Share ($ millions, except per share amounts) 1Q 2024 1Q 2023 1Q 2024 1Q 2023 Net Income $532 $1,287 $1.06 $2.58 Reconciling Items 125 (592) 0.25 (1.19) Non-GAAP Operating Earnings $657 $695
NEWARK, N.J., April 16, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.60 per share dividend on the outstanding common stock of the company for the second quarter of 2024. All dividends for the second quarter are payable on or before June 28, 2024, to shareholders of record on June 7, 2024. About PSEG Public Service Enterprise Group (PSEG) (NYSE:PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people