Public Service Enterprise Group Inc
PEG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$28.00 | Ydltb | Mmfcrlmc |
PSEG's Long-Term Growth Plan on Track; 6% Dividend Raise
We are reaffirming our $65 fair value estimate for Public Service Enterprise Group after the company announced it earned $3.47 per share in 2022 on an adjusted basis, down from $3.65 in 2021. This is in line with our forecast. We are maintaining our narrow moat and stable moat trend ratings for PSEG.