All dividends for the third quarter are payable on or before September 30, 2024, to shareholders of record on September 9, 2024. Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it's cleaner, safer and delivered more reliably than ever. With a continued focus on sustainability, PSEG has appeared on the Dow Jones Sustaina ...

For electric customers involved in these initiatives, projected savings exceed 2.1 million megawatt-hours of electricity annually, which is enough to power over 312,000 New Jersey homes each yeariii. Additionally, participating natural gas customers are expected to save approximately 57 million therms of natural gas annually. Collectively, these efforts are estimated to avoid about 1.6 million metric tons of carbon dioxide emissions annuallyiv, equivalent to the emissions from 349,000 gasoline-powered cars ...

Zacks Premium also includes the Zacks Style Scores. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform. Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash F ...

NEWARK, N.J., July 2, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its second quarter 2024 earnings call at 11:00 a.m. ET on Tuesday, July 30, during which management will discuss second quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters. A replay of the audio webcast, along with the accompanying presentation materials, will be available on the Investor News and Events section of PSEG's Investor Relatio ...

A Few More Words on GARP The PEG ratio is defined as (Price/ Earnings)/Earnings Growth Rate While P/E alone gives an idea of stocks that are trading at a discount, PEG, while adding the growth element to it, helps identify stocks with solid future potential. Say, for example, if a stock's P/E ratio is 10 and the expected long-term growth rate is 15%, the company's PEG will come down to 0.66, a ratio indicating both undervaluation and future growth potential. In the equity market, investments need to be prud ...

However, this Zacks Rank #3 (Hold) company faces risks like unfavorable financial position and expenditure to remediate every manufactured gas plant (MGP) site, which act as a headwind. PSEG has a capital investment plan of $18-$21 billion for 2024-2028 to constantly upgrade its infrastructure and expand its renewable generation portfolio. Its solid capital investment plan is estimated to bring in a compounded annual rate base growth of 6-7.5% between 2024 and 2028. Headwinds Public Service Enterprise Group ...

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In a market dealing with external shocks, value investing, or the strategy of putting money in underappreciated stocks, is fast gaining popularity. Although these stocks are apparently cheap compared to their peers, investment is made with the hope that the stock price will appreciate reasonably to match the intrinsic value of the business. However, these ratios, while not taking into account the future growth potential of a stock, may end up convincing us to invest in stocks that are at a discount just bec ...

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. What are the Zacks Style Scores? The Style Scores are broken down into four categories: Growth Score Momentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock' ...

Public Service Enterprise Group's (PEG) strategic investments in infrastructure projects and focus on expanding renewable assets will help the company boost customers' satisfaction. Given its growth opportunities, PEG is a solid investment option in the utility sector. Let us focus on the reasons that make this Zacks Rank #2 (Buy) stock a robust investment pick at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for PEG's 2024 earnings per share (EPS) has increased 0.3% to $3.6 ...