Public Service Enterprise Group Incorporated (PEG) Stock Price & Analysis
Public Service Enterprise Group Incorporated (PEG) closed at USD 72.72 on Thursday, October 22, 2026, up 2.42% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 71; the Oct 22, 2026 session ranged USD 71–72.77 on volume of 2,763,979 shares. Market capitalization is $36.25B, with a 52-week range of USD 66.15–87.63 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 08:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PEG.md
Key facts (PEG)
- Last four reported quarters (through Jun 30, 2026): revenue $12.5B, net income $2.01B (16.0% margin), free cash flow $276M (SEC filings).
- Valuation: P/E 18.0x (avg 18.3x at the last 3 fiscal year-ends), net debt $23.4B.
- 2 of 80 tracked superinvestors hold PEG (13F, Q2 2026): 0 new, 0 added, 1 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 8 Form 4 filings, $1.8M; 1 not under a Rule 10b5-1 plan ($596K); 6 by opportunistic insiders (0 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.52 on a 1–5 scale) (23 analysts), mean target USD 81.79 (range 69–96).
- Total return with dividends: 1Y -9.1% vs S&P 500 +14.9%; 5Y +34.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-02, EPS estimate USD 1.19, revenue estimate $3.21B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PEG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $9.72B | $9.80B | $11.2B | $10.3B | $12.2B | $12.5B |
| Operating income | -$856M | $1.38B | $3.69B | $2.35B | $2.98B | $2.90B |
| Net income | -$648M | $1.03B | $2.56B | $1.77B | $2.11B | $2.01B |
| EPS (diluted) | -$1.29 | $2.06 | $5.13 | $3.54 | $4.22 | — |
| Free cash flow | -$983M | -$1.39B | $481M | -$1.25B | $26.0M | $276M |
| Operating margin | -8.8% | 14.1% | 32.8% | 22.9% | 24.5% | 23.1% |
| Net margin | -6.7% | 10.5% | 22.8% | 17.2% | 17.3% | 16.0% |
| Revenue growth | +1.2% | +0.8% | +14.7% | -8.4% | +18.3% | — |
| Cash + short-term investments | $818M | $465M | $54.0M | $125M | $132M | — |
| Total debt | $15.9B | $18.1B | $19.3B | $21.1B | $22.5B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (PEG)
P/E 18.0x · P/S 2.9x · EV/Sales 4.8x · P/FCF 131.3x · P/B 2.1x · FCF yield 0.76% · Earnings yield 5.55% · Dividend yield (paid, TTM) 3.58% · Net debt $23.4B · EV $59.6B
P/E at fiscal year-ends: Dec 2025 19.1x, Dec 2024 23.8x, Dec 2023 11.9x.
Superinvestors (SEC 13F-HR, Q2 2026) (PEG)
2 of 80 tracked investors hold PEG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Harry Burn | Sound Shore | 2.42% | $78.7M | Reduced -1.5% |
| Kahn Brothers | Kahn Brothers Group | 0.05% | $285K | Unchanged |
Insider sales (SEC Form 4, open-market, last ~7 months) (PEG)
7 of 8 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-01 | Larossa Ralph A | Chair, President and CEO | 2,083 | $141K | 0.7% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-09-01 | Larossa Ralph A | Chair, President and CEO | 2,083 | $153K | 0.7% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-11 | Thigpen Richard T | SVP Corporate Citizenship | 8,000 | $596K | 27.6% | No | Too little history (no open-market trades in 2023) |
| 2026-08-03 | Larossa Ralph A | Chair, President and CEO | 2,083 | $159K | 0.7% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-07-01 | Larossa Ralph A | Chair, President and CEO | 2,083 | $168K | 0.7% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-24 | Hanemann Kim C | President and COO - PSE&G | 3,035 | $249K | 3% | Yes | Too little history (no open-market trades in 2023 or 2025) |
| 2026-06-01 | Larossa Ralph A | Chair, President and CEO | 2,083 | $160K | 0.7% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-01 | Larossa Ralph A | Chair, President and CEO | 2,083 | $169K | 0.7% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (PEG)
Consensus Hold (mean 2.52 on a 1–5 scale), 23 analysts; mean target USD 81.79 (low 69, high 96).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | HSBC | Initiated | Hold | $72.5 |
| 2026-10-21 | Morgan Stanley | Target lowered | Overweight | $88 → $85 |
| 2026-10-19 | JP Morgan | Target lowered | Neutral | $81 → $77 |
| 2026-10-15 | Truist Securities | Target lowered | Hold | $84 → $78 |
| 2026-09-18 | Morgan Stanley | Target lowered | Overweight | $91 → $88 |
| 2026-08-21 | Morgan Stanley | Target lowered | Overweight | $93 → $91 |
| 2026-08-13 | Truist Securities | Target lowered | Hold | $90 → $84 |
| 2026-08-05 | Citigroup | Target lowered | Neutral | $91 → $84 |
| 2026-08-05 | Wells Fargo | Target lowered | Overweight | $91 → $89 |
| 2026-07-22 | Wells Fargo | Target lowered | Overweight | $97 → $91 |
| 2026-07-20 | Jefferies | Target lowered | Hold | $89 → $78 |
| 2026-07-16 | Truist Securities | Target raised | Hold | $88 → $90 |
Total return (dividends reinvested) (PEG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -9.1% | +34.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -9.1% | +6.1% |
| Volatility (annualized) | 18.9% | 20.3% |
| Max drawdown | -21.5% (Feb 2026→Sep 2026) | -26.0% (Apr 2022→Oct 2022) |
PEG revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Public Service Electricand Gas Company | $2.14B | 83.7% | +5.2% |
| PSEG Power Other | $534.0M | 20.9% | -42.0% |
| Total revenue | $2.55B | 100% | — |
PEG revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Electric Distribution Contracts | $1.25B | 48.9% | +6.5% |
| Transmission | $460.0M | 18.0% | +3.8% |
| Gas Distribution Contracts | $343.0M | 13.4% | +8.2% |
| Other Contract Revenues | $87.0M | 3.4% | -10.3% |
| Total revenue | $2.55B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
PEG suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | PSEG Power | “We may also be unable to successfully recover certain of these cost increases through our existing regulatory rate structures, in the case of PSE&G, or our contracts with our customers, in the case of PSEG Power.” |
| Customer | PJM Interconnection | “An increasing demand for power and a lack of sufficient new generation resources in PJM and in New Jersey, has raised resource adequacy concerns and has resulted in higher electricity costs for our customers in 2025.” |
Quoted from the company's 10-K filed Feb 26, 2026.
PEG company outlook (results filed Aug 4, 2026)
- “Guidance included herein is as of August 4, 2026. and non-GAAP Funds From Operations (FFO), including the forward-looking non- GAAP FFO/Debt ratio target, in its presentations.”
- “PSEG Second Quarter 2026 PSEG Outlook Maintained Continuing Execution of PSEG Strategic Plan 2026 guidance midpoin”
Quoted word-for-word from the SEC 8-K results press release.
PEG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.19 | $1.19 | +0.5% | $3.21B | 14 |
| Next quarter (ends Dec 2026) | $0.80 | $0.85 | -5.6% | $3.27B | 11 |
| Current fiscal year (ends Dec 2026) | $4.38 | $4.38 | -0.1% | $12.81B | 20 |
| Next fiscal year (ends Dec 2027) | $4.64 | $4.68 | -0.8% | $13.10B | 21 |
PEG options: expected move
Options price a move of about ±5.8% (±$4.25) by Nov 20, 2026, which includes earnings on Nov 2, 2026. Over the last 8 reports the stock moved ±2.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 25.9% | ±5.8% |
| Dec 18, 2026 | 56 | 19.9% | ±6.5% |
| Jan 15, 2027 | 84 | 22.1% | ±8.6% |
| Mar 19, 2027 | 147 | 23.3% | ±11.9% |
| Jun 17, 2027 | 237 | 23.3% | ±14.8% |
30-day implied volatility 23.5% vs 22.5% realized over the last 30 trading days. Put/call ratio (volume) 0.06. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:39 UTC)
| Price | USD 72.72 |
|---|---|
| Change | ▲ 2.42% (up) |
| Previous Close | USD 71 |
| Open | USD 71.05 |
| Day Range | USD 71 – 72.77 |
| 52-Week Range | USD 66.15 – 87.63 |
| Volume | 2,763,979 shares |
| Market Cap | $36.25B |
| Exchange | NYQ |
Technical Analysis (PEG)
Nexqual's technical model rates PEG "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 08:39 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 57.69 (neutral) |
| vs SMA50 | Above (USD 71.53) |
| MACD | 0.13 (positive) |
Analyst Ratings (PEG)
Wall Street analysts rate PEG "Hold" based on 23 analysts, with a mean price target of USD 81.79 (range USD 69–96), per Nexqual as of October 23, 2026 at 08:39 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 23 |
| Mean Target | USD 81.79 |
| High Target | USD 96 |
| Low Target | USD 69 |
| Buy / Hold / Sell | 9 / 14 / 0 |
Earnings (PEG)
| Next Earnings Date | 2026-11-02 |
|---|---|
| EPS Estimate | USD 1.19 |
| Revenue Estimate | $3.21B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.86 vs est 0.8 ▲ beat |
| 2026-03-31 | USD 1.55 vs est 1.43 ▲ beat |
| 2025-12-31 | USD 0.72 vs est 0.71 ▲ beat |
| 2025-09-30 | USD 1.13 vs est 1.01 ▲ beat |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financials & Fundamentals (PEG)
| Total Revenue | $12.54B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -8.90% |
| Gross Margin | +33.33% |
| Operating Margin | +18.87% |
| Profit Margin | +16.04% |
| ROE | +11.83% |
| Debt / Equity | 1.42 |
| Current Ratio | 0.88 |
| Total Cash | $192.00M |
| Total Debt | $24.68B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $276.00M (2.2% of revenue) |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financial Health Score (PEG)
Nexqual rates Public Service Enterprise Group Incorporated's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 08:39 UTC.
| Growth | Strong — Revenue +18% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 33%, operating 19% (last 12 months) |
| Balance Sheet | Weak — $192M cash and investments vs $23.6B debt (Jun 2026, SEC) |
| Cash Flow | Mixed — FCF $276M (last 4 quarters to Jun 2026, SEC), slim 2.2% margin |
| Efficiency | Mixed — ROE 12%, ROA 3.2% |
Ownership (PEG)
| Insider Ownership | +0.13% |
|---|---|
| Institutional Ownership | +79.42% |
| Shares Outstanding | 498.42M |
| Float | 497.10M |
| Short % of Float | +2.95% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Leadership (PEG)
Public Service Enterprise Group Incorporated is led by Ralph A. LaRossa, Chair, President & CEO, per Nexqual as of October 23, 2026 at 08:39 UTC.
| Chair, President & CEO | Ralph A. LaRossa |
|---|---|
| Executive VP & CFO | Daniel J. Cregg |
| President & COO of Public Service Electric & Gas | Kim C. Hanemann |
| Vice President of Investor Relations | Carlotta N. Chan |
| Vice President of Corporate Communications | Karen Cleeve |
Major Backers & Investors (PEG)
Notable institutional backers of Public Service Enterprise Group Incorporated include Bank of America Corporation, Capital Group, AMERICAN MUTUAL FUND, according to Nexqual as of October 23, 2026 at 08:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Bank of America Corporation | 2.98% |
| Capital Group | 2.15% |
| AMERICAN MUTUAL FUND | 1.98% |
| SELECT SECTOR SPDR TRUST-State Street Utilities Select Sector SPDR ETF | 1.77% |
| Morgan Stanley | 1.54% |
| Invesco | 1.52% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 12.63% |
| BlackRock | 10.79% |
| State Street | 5.91% |
| Geode Capital | 2.65% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
From Public Service Enterprise Group Incorporated's Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- We are a transmission owner in PJM Interconnection, L.L.C. (PJM) which is an Independent System Operator (ISO) and Regional Transmission Organization (RTO) that operates the electric transmission system in the Mid-Atlantic Region, including New Jersey and the surrounding states.
- Changes previously ordered by FERC and implemented by PJM and other ISOs to eliminate contractual provisions that previously provided us a "right of first refusal" to construct new transmission projects in our service territory could result in third-party construction of transmission lines in our area in the future and also allow us to seek opportunities to build in other service territories.
Partnerships
- We have also undertaken solar initiatives at PSE&G, which primarily invest in utility-owned solar photovoltaic (PV) grid-connected solar systems installed on PSE&G property and third-party sites with our economics driven by our net investment in solar, with a contemporaneous return on that rate base.
- The expected PTC rate is up to $15 per megawatt hour (MWh) subject to adjustment based upon a facility's gross receipts and meeting prevailing wage rules.
Legal & Regulatory Risks (Item 1A, quoted)
- PSE&G's proposed investment projects or programs may not be fully approved by regulators and actual capital investment by PSE&G may be lower than planned, which would cause lower than anticipated rate base.
- We are subject to comprehensive federal regulation that affects, or may affect, our businesses.
- We may be adversely affected by changes in energy regulatory policies, including energy and capacity market design rules and developments affecting transmission.
- We are subject to numerous federal, state and local environmental laws and regulations that may significantly limit or affect our businesses, result in significant litigation, adversely impact our business plans and/or expose us to significant environmental fines, costs and other liabilities.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| WEC | WEC Energy Group, Inc. | USD 112.15 | ▲ 3.36% |
| PCG | Pacific Gas & Electric Co. | USD 12.98 | ▼ 1.29% |
| ED | Consolidated Edison, Inc. | USD 116.26 | ▲ 3.97% |
| AEE | Ameren Corporation | USD 108.94 | ▲ 2.31% |
| FTS | Fortis Inc. | USD 57.88 | ▲ 3.41% |
| EXC | Exelon Corporation | USD 44.85 | ▲ 4.18% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt