PEG Stock Recent News

PSEG's Q1 results are likely to benefit from previous capital expenditure initiatives and favorable rate outcomes amid higher depreciation expenses.

Beyond analysts' top -and-bottom-line estimates for PSEG (PEG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.

PSEG (PEG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

I give a buy rating to Public Service Enterprise Group due to its strong positioning to capitalize on rising power demand from AI and electrification. PEG's regulated utility business in New Jersey drives substantial earnings, with minimal tariff exposure and strong demand from data centers enhancing growth prospects. PEG's $26 billion capex plan focuses on system modernization and grid resilience, supporting a 6%-7.5% rate base CAGR and sustainable EPS and DPS growth.

NEWARK, N.J., April 22, 2025 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.63 per share dividend on the outstanding common stock of the company for the second quarter of 2025.

Public Service Enterprise Group is New Jersey's largest utility, serving 2.4 million electric and 1.9 million natural gas customers, with a focus solely on New Jersey. Public Service Enterprise Group's lower yield compared to peers suggests potential for higher earnings growth, but its historical GAAP earnings growth is modest. The company plans to invest $21-$24 billion from 2025-2029, aiming for a 5%-7% non-GAAP operating earnings growth, though past performance shows limited GAAP growth.

Chagee Holdings' IPO surged over 15%, highlighting its rapid growth with 6,440 teahouses and strong sales, making it a compelling investment for China exposure. The company's impressive growth includes a tenfold increase in teahouses and a significant rise in per-store sales, indicating a robust business model. Chagee's historical PEG ratio of 0.081 is exceptionally low, suggesting significant growth potential nearly unmatched in the consumer discretionary sector.

Here are four discounted PEG stocks, STNE, BGC, QFIN and UHS, that qualify our screening criteria.

PSEG Long Island and Suffolk County join forces for the popular Energy-Saving Trees giveaway UNIONDALE, N.Y. , April 15, 2025 /PRNewswire/ -- In honor of Earth Day, PSEG Long Island and Suffolk County, in partnership with the PSEG Foundation and the Arbor Day Foundation, will provide more than 230 customers in Suffolk County with a free tree through the Energy-Saving Trees program.

NEWARK, N.J. , April 8, 2025 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2025 earnings call at 11:00 a.m.