PEG
UtilitiesPublic Service Enterprise Group Incorporated · Regulated Electric · $40B
What is Public Service Enterprise Group Incorporated?
Public Service Enterprise Group (PEG) is a regulated energy company serving the Northeastern and Mid-Atlantic United States. Operating through its PSE&G and PSEG Power segments, the company delivers electricity and natural gas to millions of residential, commercial, and industrial customers.
PSEG earns revenue primarily through regulated electricity transmission and gas distribution under its PSE&G segment, which benefits from rate-regulated returns overseen by state utility commissions. The company also invests in solar generation projects and energy efficiency programs. Its PSEG Power segment participates in wholesale energy markets. This regulated-plus-generation model provides relatively predictable cash flows, though it also ties the company's fortunes closely to regulatory outcomes and capital-intensive infrastructure requirements.
Incorporated in 1985 and headquartered in Newark, New Jersey, PSEG has deep roots in the region's energy infrastructure.
- Regulated electricity transmission and distribution
- Natural gas distribution to residential and commercial customers
- Solar generation and energy efficiency program investments
- Appliance services and repair programs
- Wholesale power generation through PSEG Power
Is PEG a Good Stock to Buy?
UQS Score rates PEG as Below Average overall, reflecting a mixed profile across its five analytical pillars.
The Quality, Moat, Growth, and Valuation pillars each land at a Neutral rating, suggesting PSEG is neither a standout performer nor a clear laggard in those dimensions. Its regulated utility model provides some earnings stability, and the company's entrenched regional infrastructure offers a degree of competitive insulation typical of the utilities sector.
The Risk pillar registers as Weak, which is the primary drag on the overall score — investors should weigh regulatory, capital, and balance-sheet risks carefully before committing.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does PEG pay dividends?
Yes — Public Service Enterprise Group Incorporated pays a dividend.
PSEG pays a regular dividend, consistent with the income-oriented tradition of regulated utilities. The company's rate-regulated revenue base supports recurring dividend payments, making PEG a common consideration for income-focused investors. That said, dividend sustainability depends on regulatory outcomes and capital allocation priorities — factors the UQS Risk pillar flags as a concern for this ticker.
When does PEG report earnings?
Public Service Enterprise Group reports earnings on a quarterly cadence, typical for US-listed equities.
PSEG's results tend to reflect the relatively stable, rate-regulated nature of its PSE&G segment, though PSEG Power can introduce variability tied to wholesale energy market conditions. Regulatory rate cases and capital spending cycles are often the key narratives driving quarterly commentary.
For the most recent quarter's results and guidance, visit Public Service Enterprise Group's investor relations page directly.
PEG Price History
+49.4% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Public Service Enterprise Group Incorporated?
Based on Public Service Enterprise Group Incorporated's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
PEG Long-term Outlook
With Growth and Risk pillars rated Neutral and Weak respectively, PSEG's fundamental outlook reflects the classic regulated-utility trade-off: modest, relatively predictable growth constrained by regulatory lag and heavy capital requirements. The company's ongoing infrastructure investment cycle may support gradual rate base expansion, but elevated financial risk tempers the upside case. Valuation sitting at Neutral suggests the market is pricing in neither a significant premium nor a deep discount relative to peers.
Growth drivers
- Rate base expansion through regulated infrastructure investment
- Growing demand for grid modernization and clean energy programs
- Solar and energy efficiency project investments under PSE&G
Key risks
- Weak Risk pillar signals elevated financial or regulatory risk exposure
- Wholesale power market volatility through PSEG Power segment
- Capital-intensive business model dependent on favorable rate case outcomes
PEG vs Peers
PSEG operates in a sector where scale, regulatory jurisdiction, and generation mix differentiate peers meaningfully.
Con Edison is a pure-play regulated utility focused on New York City and Westchester, with no significant unregulated generation exposure unlike PSEG.
Fortis is a Canadian-based regulated utility with a geographically diversified North American footprint, offering a different regulatory and currency profile than PSEG.
Entergy Louisiana operates in the Gulf South region, serving a distinct regulatory environment and customer base compared to PSEG's Northeastern focus.
Frequently Asked Questions
What does Public Service Enterprise Group do?
PSEG is a regulated energy company that transmits and distributes electricity and natural gas across the Northeastern and Mid-Atlantic United States. It also invests in solar generation and energy efficiency programs, and participates in wholesale power markets through its PSEG Power segment.
Does PEG pay dividends?
Yes, PSEG pays a regular dividend. This is consistent with the income-oriented tradition of regulated utilities. Dividend continuity depends on regulatory outcomes and the company's capital allocation decisions, which the UQS Risk pillar rates as Weak for this ticker.
When does PEG report earnings?
Public Service Enterprise Group reports earnings on a quarterly cadence, standard for US-listed companies. For exact dates and the most recent results, check the investor relations section of PSEG's official website.
Is PEG a good stock to buy?
UQS Score rates PEG as Below Average overall. While several pillars sit at Neutral, the Weak Risk rating is a meaningful concern. Whether PEG fits your portfolio depends on your income needs, risk tolerance, and view on the regulatory environment. The full pillar breakdown is available to UQS Pro members.
Is PEG overvalued?
The UQS Valuation pillar for PEG is rated Neutral, suggesting the stock is neither clearly expensive nor deeply discounted relative to its fundamentals and sector peers. For the detailed valuation metrics behind that rating, a UQS Pro account provides the complete view.
How does PEG compare to its competitors?
Compared to peers like Consolidated Edison and Fortis, PSEG's combination of regulated distribution and unregulated generation sets it apart. Each competitor operates under different regulatory regimes and geographic footprints. The UQS competitor comparison tool lets Pro members view side-by-side pillar scores.
What is PEG's market cap bracket?
Public Service Enterprise Group is classified as a large-cap company, placing it among the more substantial players in the US utilities sector by market value.
Who founded Public Service Enterprise Group?
PSEG was incorporated in 1985 and is headquartered in Newark, New Jersey. Its roots trace back to earlier utility operations in the region. Detailed founding history is publicly available through the company's official corporate history resources.
Is PEG a long-term quality investment?
From a long-term quality standpoint, UQS rates PEG as Below Average, driven primarily by a Weak Risk pillar. Regulated utilities can offer stability over time, but the risk profile here warrants attention. Pro members can access the full pillar breakdown to assess long-term quality indicators in depth.
What is the main competitive advantage of PSEG?
PSEG's primary competitive advantage is its position as a regulated utility with an entrenched transmission and distribution network across New Jersey. Regulated utilities face limited direct competition within their service territories, providing a degree of revenue predictability — though this is balanced against regulatory and capital risk.
What sector does PEG belong to?
PEG belongs to the Utilities sector. Regulated utilities like PSEG are generally characterized by stable, rate-regulated revenues, high capital intensity, and dividend-paying traditions — making them a distinct category within the broader equity market.
Is PEG a growth stock or value stock?
With a Neutral Growth pillar and Neutral Valuation pillar, PEG does not fit neatly into either category. It lacks the high-growth characteristics of a growth stock, and its valuation does not signal the deep discount typically associated with classic value plays. It sits closer to a regulated income-oriented utility profile.
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Pro Analysis
PEG — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 10, 2026 | 47.3 | 32.7 | 50.0 | 56.5 | 40.2 | 62.2 | +0.1 |
| May 8, 2026 | 47.2 | 32.7 | 50.0 | 56.5 | 40.2 | 61.6 | +0.4 |
| May 7, 2026 | 46.8 | 57.3 | 50.0 | 56.2 | 13.1 | 45.5 | 0.0 |
| May 3, 2026 | 46.8 | 57.3 | 50.0 | 56.2 | 13.1 | 45.2 | 0.0 |
| Apr 27, 2026 | 46.8 | 57.3 | 50.0 | 56.2 | 13.1 | 45.0 | -0.3 |
| Apr 26, 2026 | 47.1 | 57.3 | 50.0 | 57.9 | 13.1 | 45.1 | 0.0 |
| Apr 22, 2026 | 47.1 | 57.3 | 50.0 | 57.9 | 13.1 | 44.8 | +0.1 |
| Apr 19, 2026 | 47.0 | 57.3 | 50.0 | 57.3 | 13.1 | 45.2 | -0.1 |
| Apr 18, 2026 | 47.1 | 57.3 | 50.0 | 57.3 | 13.1 | 45.5 | +0.6 |
| Apr 14, 2026 | 46.5 | 57.3 | 50.0 | 57.3 | 13.1 | 41.4 | +0.2 |
PEG — Pillar Breakdown
Quality
— 57.0/100 (25%)Public Service Enterprise Group Incorporated shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 57.5/100 (20%)Public Service Enterprise Group Incorporated demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 32.6/100 (15%)Public Service Enterprise Group Incorporated presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 47.4/100 (15%)Public Service Enterprise Group Incorporated has a mixed valuation — some metrics suggest fair value while others appear stretched.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 50/100 (25%)Public Service Enterprise Group Incorporated possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for PEG.
Score Composition
Financial Data
More Stock Analysis
How is the PEG UQS Score Calculated?
The UQS (Unified Quality Score) for Public Service Enterprise Group Incorporated is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Public Service Enterprise Group Incorporated's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Public Service Enterprise Group Incorporated is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.