Public Service Enterprise Group Stock

Public Service Enterprise Group Market capitalization 2024

Public Service Enterprise Group Market capitalization

44.13 B USD

Ticker

PEG

ISIN

US7445731067

WKN

852070

In 2024, Public Service Enterprise Group's market cap stood at 44.13 B USD, a 47.28% increase from the 29.96 B USD market cap in the previous year.

The Public Service Enterprise Group Market capitalization history

YEARMarket Capitalization (undefined USD)
202330.73
202232.13
202130.51
202027.26
201929.9
201826.19
201723.33
201622.06
201520.84
201419.14
201316.79
201215.83
201116.4
201016.11
200915.7
200820.08
200721.71
200616.6
200514.4
200410.32

Public Service Enterprise Group Aktienanalyse

What does Public Service Enterprise Group do?

Public Service Enterprise Group Inc. (PSEG) is a US energy company based in Newark, New Jersey. It was founded in 1903 and is now one of the largest energy companies in the US. PSEG operates various business sectors focusing on energy generation, transmission, and distribution. History PSEG was originally established as the Public Service Corporation of New Jersey to improve the supply of gas and electricity in New Jersey. Over the years, the company has expanded its business to include energy generation, power transmission and distribution, as well as energy efficiency and renewable energy. Today, the company serves approximately 2.5 million customers in New Jersey, Pennsylvania, and New York. Business Model PSEG's business model is focused on providing customers with the energy they need while minimizing environmental impact. PSEG is committed to creating a sustainable energy future by reducing energy consumption, promoting renewable energy, and advocating for environmental issues. The company has also pledged to reduce coal usage as an energy source by 80% by 2030. Divisions PSEG operates various business divisions that concentrate on energy generation, transmission, and distribution. Energy Generation: PSEG owns and operates numerous power generation facilities, including nuclear power plants, fossil fuel power plants, and solar power plants. Power Transmission and Distribution: PSEG also operates a power grid that delivers the energy generated by power plants to customers. This division encompasses both long-distance energy transmission and energy distribution to homes and businesses. Energy Efficiency: PSEG also offers energy efficiency services to help customers reduce their energy consumption and save costs. Renewable Energy: The company has launched several initiatives to promote the use of renewable energy in the region, including solar power plants and wind farms. Products PSEG offers a wide range of products and services tailored to the needs of its customers, including: Energy Supply: PSEG supplies energy to households, businesses, and public facilities in New Jersey, Pennsylvania, and New York. Heating and Cooling: PSEG provides heating and cooling services to assist customers in regulating temperatures in their homes and businesses. Energy Efficiency: PSEG offers services to increase energy efficiency, helping customers lower their energy costs and improve their environmental footprint. Renewable Energy: PSEG offers a variety of products and services in the field of renewable energy, including solar power plants and wind farms. Summary Public Service Enterprise Group Inc. is a US energy company focusing on energy generation, transmission, and distribution. The company is committed to creating a sustainable energy future by reducing energy consumption, promoting renewable energy, and advocating for environmental issues. PSEG operates various business divisions such as energy generation, power transmission and distribution, energy efficiency, and renewable energy. The company offers a wide range of products and services aimed at reducing energy consumption and minimizing environmental impact. Public Service Enterprise Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Public Service Enterprise Group's Market Capitalization

Public Service Enterprise Group's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Public Service Enterprise Group's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Public Service Enterprise Group's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Public Service Enterprise Group’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Public Service Enterprise Group stock

What is the current Public Service Enterprise Group market capitalization?

The current market capitalization of Public Service Enterprise Group is 44.13 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Public Service Enterprise Group.

How has the market capitalization of Public Service Enterprise Group developed in recent years?

The market capitalization of Public Service Enterprise Group has increased/decreased by 47.28% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Public Service Enterprise Group?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Public Service Enterprise Group?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Public Service Enterprise Group have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Public Service Enterprise Group pay?

Over the past 12 months, Public Service Enterprise Group paid a dividend of 2.28 USD . This corresponds to a dividend yield of about 2.58 %. For the coming 12 months, Public Service Enterprise Group is expected to pay a dividend of 2.31 USD.

What is the dividend yield of Public Service Enterprise Group?

The current dividend yield of Public Service Enterprise Group is 2.58 %.

When does Public Service Enterprise Group pay dividends?

Public Service Enterprise Group pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Public Service Enterprise Group?

Public Service Enterprise Group paid dividends every year for the past 25 years.

What is the dividend of Public Service Enterprise Group?

For the upcoming 12 months, dividends amounting to 2.31 USD are expected. This corresponds to a dividend yield of 2.61 %.

In which sector is Public Service Enterprise Group located?

Public Service Enterprise Group is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Public Service Enterprise Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Public Service Enterprise Group from 9/30/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.

When did Public Service Enterprise Group pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of Public Service Enterprise Group in the year 2023?

In the year 2023, Public Service Enterprise Group distributed 2.16 USD as dividends.

In which currency does Public Service Enterprise Group pay out the dividend?

The dividends of Public Service Enterprise Group are distributed in USD.

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Andere Kennzahlen von Public Service Enterprise Group

Our stock analysis for Public Service Enterprise Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Public Service Enterprise Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.