Public Service Enterprise Group Inc.
PEG
Market Cap$40.43B
Close$
Earnings Call Q1 2025
April 30, 2025 - AI Summary
Strong Q1 Performance: PSEG reported net income of $1.18 per share for Q1 2025, up from $1.06 in 2024, and non-GAAP operating earnings of $1.43 per share, increasing from $1.31 per share YOY. PSE&G’s net income was $546 million in Q1 2025 versus $488 million in Q1 2024, positively impacted by regulatory recovery and increased gas revenues due to cold weather.
Forecast for 2025: The company reiterated its full-year non-GAAP operating earnings guidance of $3.94 to $4.06 per share, representing approximately 9% growth over 2024. Additionally, PSEG expects a 5% to 7% CAGR (Compound Annual Growth Rate) for non-GAAP operating earnings through 2029, underpinned by a regulated capital spending program of $21 billion to $24 billion.
Regulatory Challenges and Customer Bill Increases: Starting June 1, residential electric bills are expected to rise by 17% due to higher energy supply costs attributed to earlier capacity auction results. The New Jersey Board of Public Utilities is working with electric companies to mitigate the impacts, which poses a risk of customer dissatisfaction and potential pushback.
Exclusive for Stockcircle Pro members
Sign up
$-47.52
159.5% downside
Current Fair Value
159.5% downsideOvervalued by 159.5% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $40.43 Billion |
|---|---|
| Enterprise Value | $62.94 Billion |
| Dividend Yield | $2.43 (2.99888930025916%) |
| Earnings per Share | $3.56 |
| Beta | 0.5 |
| Outstanding Shares | 498,000,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 22.06 |
|---|---|
| PEG | 205.92 |
| Price to Sales | 3.8 |
| Price to Book Ratio | 0.72 |
| Enterprise Value to Revenue | 5.98 |
| Enterprise Value to EBIT | 33.86 |
| Enterprise Value to Net Income | 34 |
| Total Debt to Enterprise | 0.37 |
| Debt to Equity | 1.43 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Public Service Enterprise Group Inc.
12,945 employees
CEO: Ralph Izzo Public Service Enterprise Group Inc. (PSEG) is a publicly traded diversified energy company with approximately 13,000 employees. Headquartered in Newark, N.J., PSEG's principal operating subsidiaries are: Public Service Electric and Gas...