Public Service Enterprise Group Inc.
PEG
Market Cap$39.39B
Close$
Earnings Call Q4 2024
February 25, 2025 - AI Summary
Strong Financial Performance: PSEG reported a net income of $0.57 per share for Q4 2024 and $3.54 per share for the full year, marking its 20th consecutive year of meeting or exceeding non-GAAP operating earnings guidance. Full-year non-GAAP operating earnings increased to $3.68 per share from $3.48 in 2023, demonstrating a YOY growth of approximately 5.8%. This consistent performance reflects effective management and a resilient business model.
2025 Earnings Guidance and Growth Projections: For 2025, PSEG initiated non-GAAP operating earnings guidance at $3.94 to $4.06 per share, representing a 9% increase at the midpoint over 2024 results, indicating a strong growth trajectory. The company projects a 5% to 7% compound annual growth rate (CAGR) for non-GAAP operating earnings through 2029, starting from a base year that has been raised by 9%.
Capital Investment Plans: PSEG plans to significantly increase its capital spending, with $4 billion projected for 2025 and a total of $22.5 billion to $26 billion for 2025-2029. This surge includes investments in infrastructure modernization, energy efficiency programs, and meeting rising customer demand. Such capital commitments suggest a strategy focused on long-term growth and operational efficiency.
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$-47.52
161.2% downside
Current Fair Value
161.2% downsideOvervalued by 161.2% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $39.39 Billion |
|---|---|
| Enterprise Value | $61.89 Billion |
| Dividend Yield | $2.43 (3.0782873068153%) |
| 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 | 21.49 |
|---|---|
| PEG | 200.61 |
| Price to Sales | 3.69 |
| Price to Book Ratio | 0.7 |
| Enterprise Value to Revenue | 5.88 |
| Enterprise Value to EBIT | 33.29 |
| Enterprise Value to Net Income | 33 |
| Total Debt to Enterprise | 0.38 |
| 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...