For the first time in more than two decades, almost all of Public Service Enterprise Group's earnings are from its regulated transmission and distribution businesses in New Jersey, giving it a risk profile similar to most U.S. utilities.
PSEG has paid a dividend every year since 1907 and raised it 6% annually the last two years. We expect dividend growth to continue in line with earnings growth.
PSEG's large investment plan makes regulatory and financial market support critical to maintaining earnings growth.
|
Metric
|
PEG
|
FE
|
EXC
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.47 | 14.76 | 16.60 |
Price/Book Value | 2.07 | 2.07 | 1.42 |
Price/Sales | 2.86 | 1.68 | 1.68 |
Price/Cash Flow | 12.86 | 12.12 | 6.58 |
|
Metric
|
PEG
|
FE
|
EXC
|
|---|---|---|---|
Quick Ratio | 0.35 | 0.32 | 0.40 |
Current Ratio | 0.67 | 0.48 | 0.81 |
Interest Coverage | 5.30 | 2.43 | 2.56 |
|
Metric
|
PEG
|
FE
|
EXC
|
|---|---|---|---|
Return on Assets (Normalized) | 2.63% | 2.64% | 2.38% |
Return on Equity (Normalized) | 8.78% | 11.99% | 9.27% |
Return on Invested Capital (Normalized) | 5.07% | 6.06% | 5.67% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Fbmzylzhn | Mpndgq | $131.5 Bil | |
SO
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DUK
| Duke Energy Corp | Zpctnsc | Wfbtk | $74.0 Bil | |
NGG
| National Grid PLC ADR | Tmgtxcjjy | Rtg | $47.7 Bil | |
AEP
| American Electric Power Co Inc | Chhthnfdm | Ffslqs | $43.5 Bil | |
PCG
| PG&E Corp | Xytgddztq | Gynw | $43.2 Bil | |
D
| Dominion Energy Inc | Ywvxkrklr | Qhfpcj | $40.7 Bil | |
EXC
| Exelon Corp | Scbwvrgj | Pdddjvx | $36.7 Bil | |
ED
| Consolidated Edison Inc | Kzyvpxls | Vxdsw | $31.4 Bil |
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