Public Service Enterprise Group Incorporated (PEG) Stock

About Public Service Enterprise Group Incorporated

Public Service Enterprise Group Incorporated (PSEG) is an energy provider primarily operating through its subsidiaries in the Northeastern and Mid-Atlantic United States. The company's business activities are structured into two primary segments: PSE&G and PSEG Power. The PSE&G division is responsible for transmitting electricity and distributing both electricity and natural gas to residential, commercial, and industrial customers. This segment also commits resources to solar power generation projects and various energy efficiency initiatives, as well as offering appliance service and repair. By December 31, 2021, its substantial infrastructure included 25,000 circuit miles of electric transmission and distribution systems, supported by 862,000 utility poles. It also featured 56 switching stations with a total capacity of 39,353 megavolt-amperes (MVA) and 235 substations with a combined capacity of 9,285 MVA. The electric network was further managed by four main and five sub-electric distribution headquarters. On the gas side, PSE&G maintained 18,000 miles of gas mains, twelve primary and two secondary gas distribution headquarters, a single meter shop, and 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was established in 1985 and is headquartered in Newark, New Jersey.

Public Service Enterprise Group Incorporated is led by CEO Ralph A. LaRossa, employs 13,047 people, headquartered in Newark, US, publicly traded since 1980.

Public Service Enterprise Group Incorporated (PEG) stock trades at $79.19 with a market capitalization of $39.46B. The stock is valued at a price-to-earnings (P/E) ratio of 17.89, price-to-book of 2.33, price-to-sales of 3.15. Over the past 52 weeks the stock has ranged between $76.00 and $91.26, and currently trades 13.2% below its 52-week high. It pays a dividend yielding 3.21%.

On profitability, Public Service Enterprise Group Incorporated generates a return on equity (ROE) of 13.44%, above the typical market average, return on capital employed of 17.55%, an operating margin of 25.47%, a net profit margin of 17.69%.

In its most recent fiscal year, Public Service Enterprise Group Incorporated reported annual revenue of $12.2B, net profit of $2.1B, revenue has compounded at 4.8% a year over the last five years, profit at 2.1% a year.

The balance sheet shows a debt-to-equity ratio of 0.97, a current ratio of 0.80, total assets of $57.6B, $135.0M in cash and equivalents.

PEG has an average daily trading volume of 2,978,146 shares, a beta of 0.53 (less volatile than the overall market).

Official website: investor.pseg.com