PEG - Public Service Enterprise Group Inc

NYSE · Utilities · Utilities—Regulated Electric

$79.70

Market Closed

End of day · Jun 12, 2026, 12:00 AM

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About

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in Mid-Atlantic United States. The company operates through PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2022, it had electric transmission and distribution system of 25,000 circuit miles and 864,000 poles; 55 switching stations with an installed capacity of 39,653 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,735 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.

https://www.pseg.com

PEG - Public Service Enterprise Group Inc

Utilities

Looking at PEG right now, I don’t see a ton of immediate upside. It's sitting at 77.83 which is actually near the lower end of its past year's range. Over the last 12 months, the stock has bounced around the low 80s, even touching 87 at one point last summer, but it’s usually snapped right back down. This is a pretty clear signal to me that the market just isn't willing to give it a premium, at least not yet. Utilities can be defensive, but PEG is really just treading water. Any optimism here comes from recent regulatory filings that cleared up some overhang around future rate hikes. That helps earnings visibility a bit. There’s also consistent dividend support, which makes holding PEG less painful while you wait for something to actually move the price. But I’m not expecting much growth. The region’s demand is about as stable as it gets, but the flip side is it’s not going to save you with surprises. Biggest risk is new costs if weather events or grid upgrades hit harder than management forecasts. That’s always on the table, and I worry that’s not fully baked in. I also think any catalyst is likely to be pretty slow. If we see some clarity on transmission investments or a cleaner path to recover those costs from regulators, that could nudge PEG up a bit this quarter. Bullish is maybe too strong, but I do think fair value sits closer to 85.50 in the next 10 weeks. Not a rocket ship, but if you want a patient hold with a bit of yield and low drama, PEG fits.

Entry

$77.83

Above

$85.50

Jul 17, 2026

Karma

122 to 17261

Bullish

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