Is Public Service Enterprise Stock Underperforming the S&P 500?

Core Insights - Public Service Enterprise Group Incorporated (PEG) has a market capitalization of $40.3 billion and operates through its PSE&G and PSEG Power segments, providing electric and gas transmission and distribution services, investing in solar and energy-efficiency projects, and operating nuclear generation facilities across the U.S. [1] - As of December 31, 2024, PEG manages extensive infrastructure, including 25,000 circuit miles of transmission and distribution lines and 158 MW of installed solar capacity [2] Stock Performance - PEG shares have decreased by 12.5% from their 52-week high of $92.25 and have fallen 1.2% over the past three months, underperforming the S&P 500 Index, which gained 5.5% in the same period [3] - Year-to-date, PEG stock is down 4.4%, while the S&P 500 has increased by 16.6%. Over the past 52 weeks, PEG shares have dropped over 12%, compared to a 12.7% return for the S&P 500 [4] Financial Results - PEG reported Q3 2025 revenue of $2.37 billion, which was weaker than expected, but adjusted EPS of $1.13 exceeded consensus estimates and increased from $0.90 a year earlier. Q3 adjusted operating earnings reached $565 million, driven by $515 million from PSE&G [5] - Analysts maintain a moderately optimistic outlook on PEG, with a consensus rating of "Moderate Buy" from 20 analysts and a mean price target of $92.09, representing a 14% premium to current levels [6]