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
QuarterlyIQ Insights · PEG
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -1.5% |
| Our one-year growth estimate | diamond | 3.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 4.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 31 industry peers · Company calendar date is not available
PEG — debt issuance
Dated 2026-06-03
Other Events On June 3, 2026, Public Service Enterprise Group Incorporated (“PSEG”) completed a public offering of $500,000,000 aggregate principal amount of its 4.800% Senior Notes due 2031 (the “Notes”). The Notes were offered and sold by PSEG pursuant to a registration statement on Form S-3 (File No. 333-275509) (the “Registration Statement”) and the related Prospectus dated November 13, 2023 and Prospectus Supplement dated June 1, 2026. The Notes were issued pursuant to an underwriting ag…
Why it matters: This $1.4 billion investment shows that PSEG wants to grow and improve infrastructure.
Supportive ifPSEG finishes the GSMP III program on time.
Worry ifDelays or budget overruns in the GSMP III program are reported.
Why it matters: The recent debt issuance could affect financial health. Monitoring its impact is crucial.
Worry ifDebt issuance leads to a decrease in interest coverage ratio below 3.0.
Less concerning ifThe interest coverage ratio is above 3.0. This happens after the company takes on debt.
Why it matters: The capacity factor shows how well PSEG's nuclear plants perform. Higher factors mean better earnings potential.
Supportive ifNuclear capacity factor exceeds 95% for the next quarter.
Worry ifNuclear capacity factor drops below 90% for the next quarter.
Why it matters: The guidance will show if PSEG can keep earnings growth on track. Investors look for clear targets.
Supportive ifPSEG raises its non-GAAP Operating Earnings guidance above $4.40 per share.
Worry ifPSEG lowers its non-GAAP Operating Earnings guidance below $4.28 per share.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$83 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $205 loss on $10,000 · 2.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,582 loss on $10,000 · 15.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Updates on the capital plan will show how well PSEG is executing its growth strategy. This affects future earnings.
Watch forManagement reports that capital spending is on track or ahead of the $4.2 billion target for 2026.
Also watch forManagement says there are delays or cuts in the capital spending plan below $4.2 billion.
Why it matters: Successful hedging helps earnings stability. It fits with PSEG's growth strategy.
Supportive ifPSEG reports over 95% of expected nuclear output hedged for 2026 in its Q3 earnings.
Worry ifPSEG reports less than 90% of expected nuclear output hedged for 2026.
Why it matters: Utility sector growth is slowing down. A rebound could mean better conditions for PEG.
Supportive ifSector revenue growth picks up to 5% or more.
Worry ifSector revenue growth keeps slowing below 5%.
Why it matters: Changes in leadership can affect the company's plans and results. Updates will show the new direction.
Watch forA new CEO or key executive is announced or hired.
Also watch forFurther delays or issues in appointing new leadership.
Why it matters: The recent debt issuance affects PSEG's financial flexibility. Investors need to assess the impact on cash flow.
Watch forPSEG shows better liquidity ratios after issuing $500 million in debt.
Also watch forPSEG shows worse liquidity ratios after the debt issuance.
Why it matters: Approval is key for PSEG's planned $1.4 billion investment. It impacts future growth and earnings.
Supportive ifThe regulatory body approves the GSMP III program on time.
Worry ifThe regulatory body delays or blocks the GSMP III program.
Why it matters: Finishing this plan is key for upgrades and future earnings. It shows management can meet strategic goals.
Supportive ifPSEG completes the $4.2 billion capital investment plan for 2026 on time.
Worry ifPSEG reports delays or cuts in the capital investment plan below $3.5 billion.
Why it matters: PSEG's response to extreme weather affects how happy customers are and how well it runs.
Watch forPSEG restores power to over 300,000 customers after a big storm.
Also watch forPSEG faces big delays or outages that hurt customer service after a major storm.
Why it matters: Management aims to increase non-GAAP Operating Earnings. Results will show if they are on track.
Supportive ifQ2 non-GAAP Operating Earnings increase by more than 5% year over year.
Worry ifQ2 non-GAAP Operating Earnings decline or grow less than 2% year over year.
Why it matters: Earnings growth is a key priority. Results below expectations may signal ongoing struggles.
Worry ifQ2 non-GAAP Operating Earnings were lower than last quarter.
Less concerning ifQ2 non-GAAP Operating Earnings were higher than last quarter.