Morningstar

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Public Service Enterprise Group is one of the few diversified utilities left in the United States, giving investors a mix of stable, growing earnings at its regulated utility and commodity energy market exposure at its power generation business.Earnings flatlined for several years because of weakness at its power generation unit but we think earnings growth will match or exceed its peers starting in 2019. PSEG's New Jersey regulated distribution utility, which now contributes about three…

After reviewing the latest developments in U.S. offshore wind development, we are reaffirming our fair value estimates, moat ratings, and moat trend ratings for all U.S. utilities
Utilities in our coverage with the most offshore wind exposure include Avangrid, Eversource Energy, Dominion, and Public Service Enterprise Group. European utility Orsted's U.S. projects in part support our 21% EPS CAGR estimate for the company through 2028.

The U.S. east coast is the focus of activity with more…

We are reaffirming our $48 per share fair value estimate for Public Service Enterprise Group after it announced earning $1.08 per share on an operating basis in the first quarter, up from $0.97 in the first quarter of 2018
Management reaffirmed its full-year $3.15-$3.35 EPS guidance, in line with our estimate. We are reaffirming our narrow moat and stable moat trend ratings.

The company continues successful execution on several fronts, including operations and public policy. The distribution…

We are reaffirming our $48 per share fair value estimate for Public Service Enterprise Group and $43 per share fair value estimate for Exelon after New Jersey regulators selected the Salem and Hope Creek nuclear plants to receive state subsidies. We are also reaffirming our narrow moat and stable moat trends for both companies
We expect the companies, which share ownership of Salem, to withdraw the deactivation notice they filed with the mid-Atlantic region grid operator, PJM, on April 16. The…

<p>Public Service Enterprise Group is one of the few truly diversified utilities left in the United States, giving investors exposure to a growing regulated infrastructure utility and upside to merchant power markets in what we consider favorable energy markets.Although earnings have flatlined recently because of weakness at its merchant power generation unit, power markets appear to have stabilized and earnings growth should return. We believe PSEG's New Jersey regulated distribution utility…</p>

United States

Public Service Enterprise Group Incorporated is a public utility holding company. The Company, through its subsidiaries, generates, transmits, and distributes electricity and produces natural gas in the Northeastern and Mid Atlantic United States.

Public Service Enterprise Group Inc (PEG US)

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