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Tuesday, March 21, 2023

Value Investing Philosophy And Public Service Enterprise Group Incorporated (NYSE: PEG)?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Public Service Enterprise Group Incorporated (PEG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.02%, to $57.75. The Public Service Enterprise Group Incorporated has recorded 86,113 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that PSEG 2023 Investor Conference Highlights Improved Business Mix and Platform for Predictable Growth.

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Stocks Info

This NYSE-listed company operates within the Utilities – Regulated Electric industry segment, falling under the Utilities sector. At the end of the last regular session, the stock closed at $57.76 and fluctuated between $59.25 as its day high and $57.60 as its day low. The current market capitalization of Public Service Enterprise Group Incorporated is $28.57B. A total of 2.1 million shares were traded on the day, compared to an average of 2.27M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, PEG has seen 0 BUY and 9 SELL insider trades, representing the acquisition of 0 and the disposition of 14,414 shares. Over the last 12 months, there were 4 BUYs and 27 SELLs from insiders. Insiders purchased 30,289 shares during that period but sold 78,680.

In the most recent transaction, Chernick Rose M sold 200 shares of PEG for 60.45 per share on Dec 05. After the transaction, the Vice President and Controller now owns 29,776 company shares. In a previous transaction on Nov 04, Chernick Rose M sold 200 shares at 57.14 per share. PEG shares that Vice President and Controller owns now total 29,976.

Among the insiders who sold shares, Chernick Rose M disposed of 200 shares on Oct 04 at a per-share price of $58.19. This resulted in the Vice President and Controller holding 30,121 shares of PEG after the transaction. In another insider transaction, LaRossa Ralph A sold 1,054 shares at $65.75 per share on Sep 07. Company shares held by the President and CEO now total 82,649.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Public Service Enterprise Group Incorporated pays an annual dividend of $2.28, resulting in a dividend yield of 3.95%, and it has a price to earnings (P/E) ratio of 28.05. PEG’s most recent ex-dividend date was 3/9/2023 when it declared a $0.57 quarterly dividend that was paid in cash on 3/31/2023. Previously, the company paid the dividend on 12/30/2022 with an ex-dividend date of 12/8/2022. The PEG stock dividend was $0.54 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PEG in the last 3 months, the mean price target is $67.00 with high estimates of $70.00 and low estimates of $61.00. In terms of 52-week highs and lows, PEG has a high of $75.61 and a low of $52.51.

As of this writing, PEG has an earnings estimate of $0.62 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.65 per share and a lower estimate of $0.59.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 17 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PEG is Underweight with a score of 4.33. A total of 10 analysts rated the stock as Buy while 0 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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