Public Service Enterprise Group Inc Stock Research

Market Summary

USD61.87+0.53

Market Closed

0.86%

PEG Alerts

1 major insider sales recently.
Big jump in Earnings (Y/Y)

PEG Stock Price

PEG RSI Chart

PEG Valuation

Market Cap

30.7B

Price/Earnings (Trailing)

29.82

Price/Sales (Trailing)

3.14

EV/EBITDA

18.58

Price/Free Cashflow

-22.2

PEG Price/Sales (Trailing)

PEG Profitability

EBT Margin

10.22%

Return on Equity

7.51%

Return on Assets

2.12%

Free Cashflow Yield

-4.5%

PEG Fundamentals

PEG Revenue

Revenue (TTM)

9.8B

Revenue Y/Y

2.72%

Revenue Q/Q

38.16%

PEG Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

77.08%

Earnings Q/Q

591.23%

Price Action

52 Week Range

52.5175.02

(Low)(High)

Last 7 days

8.3%

Last 30 days

2.4%

Last 90 days

1.0%

Trailing 12 Months

-10.8%

PEG Financial Health

Current Ratio

0.64

PEG Investor Care

Dividend Yield

3.49%

Dividend/Share (TTM)

2.16

Buy Backs (1Y)

1.39%

Diluted EPS (TTM)

2.06

Peers (Alternatives to Public Service Enterprise Group)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ED	33.6B	15.7B	6.01%	2.53%	20.25	2.15	14.58%	23.33%
PEG	30.7B	9.8B	2.38%	-10.84%	29.82	3.14	0.80%	259.10%
WEC	29.8B	9.6B	6.53%	-2.96%	21.13	3.1	15.41%	8.56%
AEE	22.6B	8.0B	5.32%	-5.32%	20.99	2.85	24.44%	8.44%
CMS	17.8B	8.6B	3.76%	-9.95%	21.3	2.07	17.29%	-38.14%
NI	11.5B	5.9B	1.49%	-9.68%	14.27	1.96	19.41%	37.48%
MID-CAP
UGI	7.1B	10.2B	-8.78%	-6.15%	33.01	0.7	24.47%	-79.76%
BKH	4.1B	2.6B	2.39%	-16.01%	15.79	1.6	30.92%	9.14%
NWE	3.4B	1.5B	-0.62%	-3.08%	18.75	2.32	7.69%	-2.05%
AVA	3.2B	1.7B	2.82%	-4.25%	20.42	1.82	20.61%	5.32%
SJW	2.3B	620.7M	-0.85%	10.33%	31.12	3.7	8.19%	22.07%
SMALL-CAP
MSEX	1.4B	162.4M	1.58%	-25.57%	32.3	8.44	13.48%	16.11%
UTL	905.3M	563.2M	3.88%	13.54%	21.87	1.61	18.99%	14.68%
GNE	278.1M	315.5M	19.35%	105.84%	2.8	0.76	-13.25%	200.56%

Financials for Public Service Enterprise Group

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	0.9%	9,800,000,000	9,717,000,000	9,348,000,000	9,146,000,000	9,722,000,000
EBITDA	34.3%	1,630,000,000	1,214,000,000	-1,106,000,000	-1,446,000,000	-
EBITDA Margin	33.1%	0.17	0.12	-0.12	-0.16	-
Earnings Before Taxes	59.0%	1,002,000,000	630,000,000	-1,671,000,000	-2,008,000,000	-1,089,000,000
EBT Margin	57.7%	0.10	0.06	-0.18	-0.22	-
Interest Expenses	7.5%	628,000,000	584,000,000	565,000,000	562,000,000	571,000,000
Net Income	49.9%	1,031,000,000	688,000,000	-990,000,000	-1,298,000,000	-648,000,000
Net Income Margin	48.6%	0.11	0.07	-0.11	-0.14	-
Free Cahsflow	7.8%	-1,385,000,000	-1,502,000,000	-1,664,000,000	-1,591,000,000	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	2.0%	48,718	47,741	49,608	47,774	48,999
Current Assets	4.8%	4,303	4,105	6,167	4,728	6,250
Cash Equivalents	23.3%	465	377	2,207	1,603	818
Current Liabilities	-1.9%	6,680	6,806	7,934	5,292	7,072
LT Debt, Current	3.3%	1,575	1,525	1,200	700	700
LT Debt, Non Current	2.1%	16,495	16,150	16,471	16,968	15,219
Shareholder's Equity	3.6%	13,729	13,251	13,428	13,598	14,438
Retained Earnings	5.2%	10,591	10,072	10,227	10,366	10,639
Shares Outstanding	0%	497	497	501	-	-

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	19.4%	1,503	1,259	1,043	1,181	1,736
Cashflow From Investing	-14.7%	-1,101	-960	-920	-437	-2,244
Cashflow From Financing	56.7%	-754	-1,741	1,979	57.00	799
Dividend Payments	1.0%	1,079	1,068	1,056	1,044	1,031
Buy Backs	100.0%	500	250	250	0.00	-

Risks for PEG

What is the probability of a big loss on PEG?

30%

Probability that Public Service Enterprise Group stock will be more than 20% underwater in next one year

19.2%

Probability that Public Service Enterprise Group stock will be more than 30% underwater in next one year.

Probability that Public Service Enterprise Group stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PEG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Public Service Enterprise Group was unfortunately bought at previous high price.

Drawdowns

Returns for PEG

Cumulative Returns on PEG

9.8%

10-Year Cumulative Returns

7.2%

7-Year Cumulative Returns

7.3%

5-Year Cumulative Returns

14.5%

3-Year Cumulative Returns

What are the long-term rolling returns for PEG?

FIve years rolling returns for Public Service Enterprise Group.

Annualized Returns

Which funds bought or sold PEG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-28	Acrisure Capital Management, LLC	new	-	660,307	660,307	0.73%
2023-03-23	MetLife Investment Management, LLC	reduced	-1.59	537,910	7,982,260	0.06%
2023-03-17	American Portfolios Advisors	added	106	639,946	1,410,400	0.06%
2023-03-15	B. Riley Wealth Advisors, Inc.	added	19.59	422,232	1,819,230	0.05%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	0.75	908,059	10,190,100	0.01%
2023-03-08	Capital Asset Advisory Services LLC	reduced	-22.46	-29,798	257,202	0.02%
2023-03-07	Great Lakes Retirement, Inc.	new	-	1,583,430	1,583,430	0.41%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-0.09	675,000	8,294,000	0.04%
2023-03-03	TIAA, FSB	reduced	-9.43	-22,600	1,720,400	0.01%
2023-03-01	Lakewood Asset Management LLC	new	-	18,000	18,000	0.01%

Latest Funds Activity

Are funds buying PEG calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own PEG

No. of Funds

Public Service Enterprise Group News

Schedule 13G FIlings of Public Service Enterprise Group

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	8.98%	44,809,872	SC 13G/A
Jan 31, 2023	state street corp	6.22%	31,051,365	SC 13G/A
Jan 23, 2023	blackrock inc.	11.5%	57,383,190	SC 13G/A
Jul 08, 2022	blackrock inc.	10.4%	51,849,247	SC 13G
Feb 14, 2022	price t rowe associates inc /md/	4.2%	21,497,236	SC 13G/A
Feb 11, 2022	state street corp	5.62%	28,402,841	SC 13G/A
Feb 09, 2022	vanguard group inc	8.40%	42,495,468	SC 13G/A
Feb 01, 2022	blackrock inc.	9.9%	50,236,433	SC 13G/A
Feb 16, 2021	price t rowe associates inc /md/	5.1%	26,136,648	SC 13G
Feb 16, 2021	capital world investors	1.6%	8,198,192	SC 13G/A

PEG Fair Value

Public Service Enterprise Group fair value in different scenarios

The table shows the Fair Value estimates for Public Service Enterprise Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	10.00 -83.84%	17.31 -72.02%	21.38 -65.44%	33.78 -45.40%	42.61 -31.13%
Current Inflation	15.00 -75.76%	18.15 -70.66%	21.72 -64.89%	27.43 -55.67%	38.21 -38.24%
Very High Inflation	8.67 -85.99%	14.49 -76.58%	16.70 -73.01%	25.25 -59.19%	31.26 -49.47%

Historical Public Service Enterprise Group Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Public Service Enterprise Group

View All Filings

Date Filed	Form Type	Document
Mar 15, 2023	4	Insider Trading
Mar 13, 2023	144	Notice of Insider Sale Intent
Mar 09, 2023	8-K	Current Report
Mar 09, 2023	ARS	ARS
Mar 09, 2023	DEF 14A	DEF 14A
Mar 09, 2023	DEFA14A	DEFA14A
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading

Latest Insider Trading transactions for PEG

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-13	Carr Eric	sold	-409,497	57.635	-7,105	president & coo - pseg power
2023-03-01	LaRossa Ralph A	acquired	860,814	59.54	14,457	chair, president and ceo
2023-03-01	Cregg Daniel J	sold (taxes)	-297,224	59.54	-4,992	executive vp & cfo
2023-03-01	Chernick Rose M	sold (taxes)	-24,113	59.54	-405	vice president and controller
2023-03-01	Linde Tamara Louise	acquired	466,280	59.54	7,831	evp & general counsel
2023-03-01	Hanemann Kim C	acquired	233,153	59.54	3,915	president and coo - pse&g
2023-03-01	Linde Tamara Louise	sold (taxes)	-238,517	59.54	-4,006	evp & general counsel
2023-03-01	Thigpen Richard T	acquired	152,436	59.54	2,560	svp corporate citizenship
2023-03-01	Carr Eric	acquired	286,956	59.54	4,819	president & coo - pseg power
2023-03-01	LaRossa Ralph A	sold (taxes)	-440,358	59.54	-7,396	chair, president and ceo

About Public Service Enterprise Group

PEG Income Statement

2022-12-31

Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Operating Revenues

$ 9,800

$ 9,722

$ 9,603

Operating Expenses [Abstract]

Energy Costs

4,018

3,499

3,056

Operation and Maintenance

3,178

3,226

3,115

Depreciation and Amortization

1,100

1,216

1,285

(Gains) Losses on Asset Dispositions and Impairments

123

2,637

(123)

Total Operating Expenses

8,419

10,578

7,333

OPERATING INCOME

1,381

(856)

2,270

Income from Equity Method Investments

Net Gains (Losses) on NDT Fund Investments

(265)

194

253

Other Income (Deductions)

124

115

Non-Operating Pension and Other Postretirement Plan Credits (Costs)

376

328

249

Loss on Extinguishment of Debt

(298)

Interest Expense

(628)

(571)

(600)

Income (Loss) before Income Taxes

1,002

(1,089)

2,301

Income Tax (Expense) Benefit

441

(396)

Net Income (Loss)

^[1]

$ 1,031

$ (648)

$ 1,905

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:

BASIC

498

504

DILUTED

501

504

507

EARNINGS PER SHARE:

NET INCOME, BASIC

$ 2.07

$ (1.29)

$ 3.78

NET INCOME, DILUTED

$ 2.06

$ (1.29)

$ 3.76

Public Service Electric and Gas Company

Operating Revenues

$ 7,935

$ 7,122

$ 6,608

Operating Expenses [Abstract]

Energy Costs

3,270

2,688

2,469

Operation and Maintenance

1,838

1,692

1,614

Depreciation and Amortization

935

928

887

(Gains) Losses on Asset Dispositions and Impairments

(4)

(1)

Total Operating Expenses

6,043

5,304

4,969

OPERATING INCOME

1,892

1,818

1,639

Net Gains (Losses) on NDT Fund Investments

(2)

Other Income (Deductions)

108

Non-Operating Pension and Other Postretirement Plan Credits (Costs)

281

264

205

Interest Expense

(427)

(402)

(388)

Income (Loss) before Income Taxes

1,832

1,770

1,567

Income Tax (Expense) Benefit

(267)

(324)

(240)

Net Income (Loss)

$ 1,565

$ 1,446

$ 1,327

[1]

Include after-tax impairments of $92 million related to certain Energy Holdings investments and additional adjustments related to the sale of PSEG Power’s fossil generation assets in the year ended December 31, 2022. Includes after-tax impairment losses and other charges, including debt extinguishment costs, related to the sale of the fossil generating assets at PSEG Power of $2,158 million in the year ended December 31, 2021. Includes an after-tax gain of $86 million in the year ended December 31, 2020 related to the sale of PSEG Power’s interest in the Yards Creek generation facility. See Note 4. Early Plant Retirements/Asset Dispositions and Impairments for additional information.(C)Includes net after-tax losses of $457 million, $446 million and $58 million in the years ended December 31, 2022, 2021 and 2020, respectively at PSEG Power related to the impacts of non-trading commodity mark-to-market activity, which consists of the financial impact from positions with future delivery dates.

PEG Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and Cash Equivalents	$ 465	$ 818
Accounts Receivable, net of allowances	1,944	1,859
Tax Receivable	79	9
Unbilled Revenues	322	217
Fuel	420	296
Materials and Supplies, net	540	448
Prepayments	93	63
Derivative Contracts	18	72
Regulatory Assets	369	364
Assets Held for Sale	20	2,060
Other	33	44
Total Current Assets	4,303	6,250
PROPERTY, PLANT AND EQUIPMENT	45,924	43,684
Less: Accumulated Depreciation and Amortization	(9,982)	(9,318)
Net Property, Plant and Equipment	35,942	34,366
NONCURRENT ASSETS
Regulatory Assets	4,404	3,605
Operating Lease, Right-of-Use Asset	176	201
Long-Term Investments	624	541
Nuclear Decommissioning Trust (NDT) Fund	2,230	2,637
Income Taxes Receivable, Noncurrent	5	47
Long-Term Receivable of VIEs	551	828
Rabbi Trust	183	242
Other Intangibles	14	20
Derivative Contracts	15	28
Other	271	234
Total Noncurrent Assets	8,473	8,383
Total Assets	48,718	48,999
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	1,575	700
Commercial Paper and Loans	2,200	3,519
Accounts Payable	1,271	1,315
Derivative Contracts	124	17
Accrued Interest	134	121
Accrued Taxes	12	67
Clean Energy Program	145	146
Obligation to Return Cash Collateral	290	179
Regulatory Liabilities	384	388
Liabilities Held for Sale	0	144
Other	545	476
Total Current Liabilities	6,680	7,072
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)	5,725	5,759
Regulatory Liabilities	2,240	2,497
Operating Leases	169	191
Asset Retirement Obligations	1,499	1,573
Other Postretirement Benefit (OPEB) Costs	410	572
OPEB Costs of Servco	455	640
Accrued Pension Costs	705	318
Accrued Pension Costs of Servco	82	174
Environmental Costs	231	245
Derivative Contracts	33	17
Long-Term Accrued Taxes	66	100
Other	199	184
Total Noncurrent Liabilities	11,814	12,270
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT
Total Long-Term Debt	16,495	15,219
STOCKHOLDER'S EQUITY
Common Stock	5,065	5,045
Treasury Stock, at cost	(1,377)	(896)
Retained Earnings	10,591	10,639
Accumulated Other Comprehensive Income (Loss)	(550)	(350)
Total Stockholder's Equity	13,729	14,438
Total Capitalization	30,224	29,657
TOTAL LIABILITIES AND CAPITALIZATION	48,718	48,999
Public Service Electric and Gas Company
CURRENT ASSETS
Cash and Cash Equivalents	220	294
Accounts Receivable, net of allowances	1,075	1,050
Unbilled Revenues	322	217
Materials and Supplies, net	307	233
Prepayments	7	15
Regulatory Assets	369	364
Other	32	33
Total Current Assets	2,332	2,206
PROPERTY, PLANT AND EQUIPMENT	41,045	38,588
Less: Accumulated Depreciation and Amortization	(8,215)	(7,640)
Net Property, Plant and Equipment	32,830	30,948
NONCURRENT ASSETS
Regulatory Assets	4,404	3,605
Operating Lease, Right-of-Use Asset	86	92
Long-Term Investments	143	181
Rabbi Trust	32	43
Other	133	123
Total Noncurrent Assets	4,798	4,044
Total Assets	39,960	37,198
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	825	0
Accounts Payable	703	571
Accounts Payable-Affiliated Companies	485	418
Accrued Interest	113	107
Clean Energy Program	145	146
Obligation to Return Cash Collateral	290	179
Regulatory Liabilities	384	388
Other	416	376
Total Current Liabilities	3,361	2,185
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)	5,348	4,874
Regulatory Liabilities	2,240	2,497
Operating Leases	77	83
Asset Retirement Obligations	384	363
Other Postretirement Benefit (OPEB) Costs	255	354
Accrued Pension Costs	397	132
Environmental Costs	173	191
Long-Term Accrued Taxes	9	6
Other	163	145
Total Noncurrent Liabilities	9,046	8,645
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT
Total Long-Term Debt	11,871	11,795
STOCKHOLDER'S EQUITY
Common Stock	892	892
Contributed Capital	1,170	1,170
Basis Adjustment	986	986
Retained Earnings	12,639	11,524
Accumulated Other Comprehensive Income (Loss)	(5)	1
Total Stockholder's Equity	15,682	14,573
Total Capitalization	27,553	26,368
TOTAL LIABILITIES AND CAPITALIZATION	$ 39,960	$ 37,198