Public Service Enterprise (PEG) stock
Utilities · Electric Utilities
Public Service Enterprise (PEG) is an Electric Utilities company in the Utilities sector, headquartered in Newark, New Jersey. As of October 23, 2026, PEG closed at $72.02, a market capitalization of $35.90 billion, the 291st largest company in the S&P 500. Over the last twelve months it generated $12.54 billion in revenue (-9% year over year) and $276.00 million in free cash flow. The stock trades at 17.9x trailing earnings and 15.5x forward earnings.
- 1-year total return: -10.0% (dividends reinvested)
- 5-year return: +5.9% a year
- 52-week range: $66.15 – $87.63
- Gross margin 33.3%, operating margin 18.9%
- Dividend yield: 3.72%, 14 straight years of increases
- FI Handbook report card: C- across 10 metrics
- 15th largest of 31 Utilities stocks in the S&P 500
PEG price chart
1Y price change: -12.9% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| PEG | +7.0% | -8.0% | -10.0% | +10.3% | +5.9% | +9.5% | +11.8% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.
PEG key statistics
- Market cap
- $35.9B
- #291 in S&P 500
- P/E (TTM)
- 17.9x
- Forward P/E
- 15.5x
- EPS (TTM)
- $4.02
- Revenue (TTM)
- $12.5B
- -9%
- Free cash flow
- $276.0M
- Gross margin
- 33.3%
- Operating margin
- 18.9%
- Return on equity
- 11.8%
- Dividend yield
- 3.72%
- 52-week range
- $66.15 – $87.63
- Beta
- 0.52
- Price / sales
- 2.9x
- EV / EBITDA
- 13.5x
- Debt / equity
- 1.42x
- Employees
- 13,189
PEG report card
C-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth-8.9%F
- Gross margin33.3%C
- Operating margin18.9%C
- FCF margin2.2%D
- Return on equity11.8%C
- Net debt / EBITDA5.5xF
- Forward P/E15.5xB
- PEG ratio3.3xF
- Shareholder yield3.7%B
- Share count change / yr-0.2%C
Public Service Enterprise financials
Revenue went from $9.0B in fiscal 2016 to $12.2B in fiscal 2025, growing 3.5% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.0B | $9.1B | $9.7B | $10.1B | $9.6B | $9.7B | $9.8B | $11.2B | $10.3B | $12.2B |
| Gross profit | $6.1B | $6.3B | $6.5B | $6.7B | $6.5B | — | — | — | — | — |
| Operating income | $1.6B | $1.4B | $2.3B | $1.9B | $2.3B | -$856.0M | $1.4B | $3.7B | $2.4B | $3.0B |
| Net income | $887.0M | $1.6B | $1.4B | $1.7B | $1.9B | -$648.0M | $1.0B | $2.6B | $1.8B | $2.1B |
| EPS (diluted) | $1.75 | $3.10 | $2.83 | $3.33 | $3.76 | $-1.29 | $2.06 | $5.13 | $3.54 | $4.22 |
| Free cash flow | -$886.0M | -$930.0M | -$999.0M | $213.0M | $179.0M | -$983.0M | -$1.4B | $481.0M | -$1.2B | $26.0M |
| Buybacks | — | — | — | — | $0 | $0 | $500.0M | $0 | $0 | — |
| Dividends paid | $830.0M | $870.0M | $910.0M | $950.0M | $991.0M | $1.0B | $1.1B | $1.1B | $1.2B | $1.3B |
| Diluted shares | 508.0M | 507.0M | 507.0M | 507.0M | 507.0M | 504.0M | 501.0M | 500.0M | 500.0M | 501.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into PEG?
A reverse DCF asks what growth the current price requires. With an enterprise value of $60.4B and $276.0M of trailing free cash flow, Public Service Enterprise needs to grow free cash flow about 78.5% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew -32.0% a year over the last five years.
P/E ratio history
Current 17.1x vs. median 15.7x (10th–90th percentile 10.5x–25.3x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
PEG dividend
- Dividend yield
- 3.72%
- Annual dividend
- $2.68
- Years of increases
- 14
- 5-yr dividend growth
- 5.2%
- per year
- Payout ratio
- 65%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
PEG analyst price targets
19 analysts' average 12-month target is $81.79 (+14% vs. $72.02). Targets range from $69.00 to $96.00. 39% rate it a buy.
PEG earnings
Next report: November 2, 2026. Public Service Enterprise has beaten EPS estimates 5 quarters in a row. Last quarter's revenue was $2.6B (-9% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 4, 2026 | $0.80 | $0.86 | +7.7% |
| May 5, 2026 | $1.43 | $1.55 | +8.5% |
| Feb 26, 2026 | $0.71 | $0.72 | +1.4% |
| Nov 3, 2025 | $1.01 | $1.13 | +11.6% |
| Aug 5, 2025 | $0.70 | $0.77 | +10.3% |
| Apr 30, 2025 | $1.43 | $1.43 | -0.2% |
| Feb 25, 2025 | $0.83 | $0.84 | +1.5% |
| Nov 4, 2024 | $0.88 | $0.90 | +2.7% |
Stocks like PEG
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 SO Southern | -0.99% | -0% | $106.9B | 22.4x | Compare |
 DUK Duke Energy Corporation (Holdin | -0.33% | +2% | $97.4B | 18.8x | Compare |
 CEG Constellation Energy Corporatio | -0.69% | -30% | $89.8B | 24.8x | Compare |
 AEP American Electric Power | -0.73% | +15% | $70.6B | 22.5x | Compare |
 ETR Entergy | -0.79% | +15% | $51.3B | 27.5x | Compare |
 VST Vistra | -0.48% | -26% | $47.0B | 23.6x | Compare |
 EXC Exelon | -0.94% | -3% | $45.8B | 16.3x | Compare |
 WEC WEC Energy | -0.95% | -1% | $36.2B | 21.6x | Compare |
PEG news
- GE Vernova vs. Public Service Enterprise: Which Is the Better Buy Stock Now? · Oct 23, 2026
- What You Need to Know Ahead of Public Service Enterprise Group’s Earnings Release · Oct 15, 2026
- PSEG To Announce Third Quarter 2026 Financial Results On November 2 · Oct 13, 2026
- Does PSE&G’s New High‑Capacity Stations Mark a Deeper Shift in PEG’s Regulated Investment Strategy? · Sep 26, 2026
- Sesame Workshop Launches New Initiative to Help Children and Families Prepare for and Recover from Extreme Weather, Beginning with Storm on Sesame Street Special · Oct 22, 2026
PEG stock FAQ
What is PEG's market cap?
Public Service Enterprise's market capitalization is $35.90 billion as of October 23, 2026, ranking 291st in the S&P 500.
What is PEG's P/E ratio?
PEG trades at a trailing price-to-earnings ratio of 17.9x and a forward P/E of 15.5x. Its median P/E over the period we track is 15.7x.
Does PEG pay a dividend?
Yes. Public Service Enterprise pays $2.68 per share a year, a 3.72% yield. It has raised its dividend 14 years in a row. Dividends grew 5.2% a year over the last five years.
How much has PEG stock returned?
Including reinvested dividends, PEG returned -10.0% over one year, +5.9% a year over five years, +9.5% a year over ten years through October 23, 2026.
Is PEG stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Public Service Enterprise must grow free cash flow about 79% a year for the next decade. Its free cash flow fell 32% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the PEG price target?
19 analysts cover PEG with an average 12-month price target of $81.79, +14% from the current price. 39% of them rate it a buy.
When does PEG report earnings?
Public Service Enterprise is expected to report earnings on November 2, 2026. It has beaten EPS estimates 5 quarters in a row.
How many employees does Public Service Enterprise have?
Public Service Enterprise has about 13,189 full-time employees, or $951,020 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology