PSEG (PEG) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 26, 2024, might help the stock move higher if these key numbers are better than expecta ...

Public Service Enterprise Group Inc. (PEG) , also known as PSEG, recently announced that its board of directors has approved a 5.3% increase in its quarterly dividend rate. The revised quarterly dividend will be 60 cents, payable on Mar 29, 2024, to shareholders of record at the close of business on Mar 8, 2024.The company’s new annualized dividend rate is $2.40 per share, resulting in an annualized dividend yield of 4.10%, based on its share price of $58.55 as of Feb 13, 2024. The company’s current dividen ...

Indicative Annual Dividend Rate Increases to $2.40 Per Share Marks PSEG's 117th Year of Paying a Common Dividend NEWARK, N.J., Feb. 13, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.60 per share quarterly common stock dividend for the first quarter of 2024, payable on or before March 29, 2024, to shareholders of record on March 8, 2024.  This action represents an increase of $0.03 per share in the company's quarterly common stock dividend, bri ...

PSEG Long Island employees will never insist and in most cases do not need to come inside UNIONDALE, N.Y., Feb. 9, 2024 /PRNewswire/ -- In light of a recent home invasion incident in Nassau County involving robbers dressed as utility workers, PSEG Long Island urges customers to know what its employees look like and what they typically do when making visits to a home. "The safety of customers and employees is our top priority at PSEG Long Island," said Lou Debrino, vice president of Customer Operations for ...

NEWARK, N.J., Jan. 26, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2023 earnings call at 11:00 a.m. ET on Monday, Feb. 26, during which management will discuss fourth quarter and full year financial results, financial guidance, capital investments, regulatory activities, and other important matters. The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of ...

NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G. Pérez has been elected to its Board of Directors, effective January 22, 2024. PSEG Elects Ricardo G. Pérez to Board of Directors Pérez's election is part of PSEG's commitment to safe and reliable nuclear energy. A retired energy executive with more than 35 years of industry experience, Pérez held the leadership roles at the Tennessee Valley Authority (TVA) of senior vice ...

A downtrend has been apparent in PSEG (PEG) lately. While the stock has lost 5.2% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings of ...

PSEG (PEG) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individua ...

Public Service Enterprise Group Inc.’s (PEG) (also known as PSEG) infrastructure investments, expanding customer base and focus on clean energy are expected to boost its earnings.However, this Zacks Rank #3 (Hold) stock may suffer from supply chain disruptions and a weak solvency position.TailwindsPSEG’s capital investment plan primarily focuses on infrastructure. For the 2023-2027 period, PSEG expects to invest $15.5-$18 billion, more than 90% of which will be directed to PSE&G, the company’s principal rep ...

PSE&G Prioritizes Affordability while Enhancing Reliability NEWARK, N.J., Dec. 29, 2023 /PRNewswire/ -- PSE&G, New Jersey's largest electric and gas utility, today filed its scheduled rate case with the New Jersey Board of Public Utilities. Filed as required by the NJ Board of Public Utilities' rules, this rate case is PSE&G's first comprehensive electric and gas rate case in nearly six years. A main component of the case is to recover capital investments made to strengthen and modernize the state's electri ...