Here's Why You Should Include PEG Stock in Your Portfolio Now

Core Viewpoint - Public Service Enterprise Group (PEG) is consistently investing in infrastructure modernization and increasing its nuclear generation, presenting a strong investment opportunity in the Zacks Utility Electric Power industry [2]. PEG's Growth Outlook & Surprise History - The Zacks Consensus Estimate for PEG's 2026 earnings per share (EPS) has risen by 0.9% to $4.39 per share over the past 30 days [3]. - PEG's projected 2026 revenues are estimated at $11.81 billion, indicating a growth of 0.1% [3]. - The company's long-term earnings growth rate is forecasted at 8.11%, with an average earnings surprise of 4.87% over the last four quarters [3]. PEG's Return on Equity - PEG's return on equity (ROE) stands at 12.62%, surpassing the industry average of 10.3%, indicating more effective utilization of funds compared to peers [4]. PEG's Return to Shareholders - PEG has been increasing shareholder value through consistent dividend payments, currently offering a quarterly dividend of 63 cents per share, which translates to an annualized dividend of $2.52 and a dividend yield of 3.11%, significantly higher than the S&P 500 Composite's average of 1.08% [5]. Nuclear Fleet Underpins PEG's Competitive Position - The company's focus on clean and reliable power generation from its nuclear fleet enhances its competitive position, with nuclear generation reaching approximately 23.8 terawatt-hours (TWh) for the nine months ending September 30, 2025, up from 23.3 TWh in the previous year [6]. PEG's Capital Deployment Plan - PEG invested $1.89 billion in infrastructure modernization and plans to allocate approximately $21-$24 billion for regulated capital investments from 2025 to 2029 [7]. Overview of PEG's Debt Structure - PEG's total debt to capital ratio is 57.88%, which is better than the industry average of 61.13%, and its times interest earned (TIE) ratio is 3.3, indicating the company can meet its interest obligations comfortably [9]. PEG Stock Price Performance - PEG shares have increased by 2.8% over the past month, outperforming the industry's growth of 0.9% [10].