Public Service Enterprise Gp

PSEG operates PSE&G, the electric and gas utility serving most of New Jersey, making it the state's dominant energy provider. It also owns a portfolio of nuclear generating stations—including Salem, Hope Creek, and the jointly-owned Peach Bottom in Pennsylvania—that provide carbon-free baseload power and have become strategically valuable as data center developers seek clean, reliable electricity in the densely populated Northeast corridor.

PSEG's New Jersey service territory is among the most attractive for utilities given population density and the surge in data center load growth in northern New Jersey, one of the most concentrated data center markets in the world. Its nuclear fleet positions the company favorably in decarbonization discussions. Federal nuclear production tax credits have improved the economics of its generation portfolio. Regulatory relationships with the New Jersey BPU and the timeline for grid investment recovery are key earnings variables.

Within New Jersey, PSEG's utility territory borders Jersey Central Power & Light (owned by FirstEnergy), which serves Central and Northern New Jersey. For investment comparison, Exelon is the most natural peer given its similar nuclear fleet and urban utility profile in the Mid-Atlantic. Dominion Energy and Eversource are comparable regulated utilities with clean energy commitments that investors typically evaluate alongside PSEG.

PSEG has paid dividends consistently for over a century and has grown its dividend in recent years as earnings have stabilized post its power generation restructuring. The company targets a payout ratio consistent with investment-grade regulated utilities, with management guiding to modest annual dividend growth tied to rate base expansion and nuclear performance. Its New Jersey utility earnings provide the reliable foundation that supports the dividend commitment.

PEG is currently trading at $80.19, up 0.46% in today's session. Over the past 52 weeks, the stock has traded between a low of $74.67 and a high of $91.26. The current price represents 33% of its 52-week range, which helps investors gauge where the stock sits relative to its recent trading history.

Among 26 analysts covering PEG, the consensus rating is Hold — 13 rate it a buy, 13 hold, and 0 sell. The average price target sits at $79.52, implying 1% downside from the current price. Keep in mind that analyst targets reflect 12-month expectations and can shift quickly after earnings reports or major company events.

Public Service Enterprise Gp generated $10.28B in revenue during fiscal year 2026, with $1.77B reaching the bottom line as net income. The net profit margin of 17.2% is solid for its sector.

PEG trades at a P/E ratio of 20.48 on trailing earnings of $4.16 per share. That's roughly in line with the broader market average of ~20-25x. Comparing this multiple against Utilities sector peers gives better context than the broad market alone, since P/E norms vary significantly across industries.

Performance varies across timeframes, reflecting shifting market conditions. Returns by timeframe: -0.25% (3M), -2.56% (6M), -1.51% (1Y), -0.99% (YTD). Comparing these figures against the S&P 500 and sector benchmarks helps determine whether PEG is outperforming or lagging the broader market.