Public Service Enterprise Group (PEG)
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
$73.70-0.15%
Close 2026-09-04 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
Broken: Primary pillar broken — EPS grows to about $4.34 in 2026: EPS guidance mid $4.34 vs target $4.34.
PSEG grows earnings to about $4.34 per share in 2026. Revenue rose from $2.46B in 2024-Q4 to $3.85B in 2026-Q1. The stock trades cheap with a P/E of 17.9 versus peers at 24.4. Profit and revenue growth support steady dividends.
Insider selling and executive retirements raise leadership concerns. Earnings guidance was cut despite a recent beat. Revenue growth is slow at about 1.4% expected next year. These risks could hurt profit and share price.
The price is about 5% above our fair value near $78. Analysts expect about 1% revenue growth. Our fair value is 12% below the Street median, showing some caution.
Breaks if: EPS falls below $4.0 in 2026
Breaks if: Significant insider selling or key executive retirements
Breaks if: Revenue growth falls below 1% annually
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
PEG represents a stable utility investment with a focus on consistent earnings growth. The current thesis state is cautious, as recent performance has been neutral compared to peers, but management remains committed to its long-term goals.
The market currently prices PEG as cheap, reflecting a low expectations gap. However, there is a fragility due to weak execution quality and a challenging sector backdrop, which may not fully account for potential risks.
Management is on track to increase non-GAAP Operating Earnings by 6%-8% CAGR through 2030, supported by regulated investments. Recent financial performance has been mixed, but operational achievements indicate a commitment to maintaining customer satisfaction.
The thesis hinges on management's ability to execute its capital investment plan and the performance of sector peers. Additionally, any changes in Federal Reserve interest rates could impact PEG's performance positively or negatively.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports a positive outlook. The company is executing a regulated capital investment plan of about $4.2 billion in 2026. It also aims to increase non-GAAP operating earnings with a 6% to 8% compound annual growth rate through 2030.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: P/E rises above 24.44 without earnings growth
Overall, PEG's outlook is stable but requires careful monitoring of sector dynamics and management execution. Not investment advice.