December 4, 2023 marks the final opportunity for investors to purchase Public Service Enterprise (PEG) stock and qualify for the upcoming dividend payout. This esteemed company has recently declared a quarterly dividend of 57 cents per share, scheduled to be distributed to shareholders on December 29, 2023. However, it is crucial to note that the stock will go ex-dividend on Thursday, signifying that its opening price is expected to be 57 cents lower compared to any other day.
To be eligible for the dividend payout, individuals must possess PEG shares by the conclusion of Wednesday’s trading session. The ex-dividend date holds significant importance as it necessitates stock ownership prior to this date in order to receive the dividend. Following the ex-dividend date, the stock will be deemed as trading ex-dividend, and prospective investors will not be entitled to the dividend payment. Consequently, investors aiming to receive the dividend should acquire the stock before the ex-dividend date, which in this scenario falls on Thursday.
Public Service Enterprise Group Incorporated
Updated on: 01/03/2024
Debt to equity ratio: Buy
Price to earnings ratio: Sell
Price to book ratio: Sell
We did not find social sentiment data for this stock
|Analyst / firm
PEG Stock Performance: Mixed Results on December 4, 2023
On December 4, 2023, Public Service Enterprise Group (PEG) exhibited a mixed performance in the stock market. According to data sourced from CNN Money, PEG was trading near the top of its 52-week range and above its 200-day simple moving average, indicating a positive price momentum. However, the stock experienced a slight decline in its price during the day.
The price of PEG shares decreased by $0.14 since the market last closed, representing a drop of 0.22%. The stock closed at $63.53, reflecting a slight downward movement. Furthermore, in after-hours trading, the stock dropped an additional $0.25, further impacting its overall performance.
Although the stock’s decline may be seen as a negative indicator, it is important to consider the broader context. PEG’s position near the top of its 52-week range and above its 200-day simple moving average suggests that the stock has been performing well over a longer period. This positive price momentum indicates that PEG has experienced consistent growth and may continue to do so in the future.
Investors should also take into account the after-hours trading activity, which can sometimes be more volatile and less indicative of the stock’s overall performance. While the $0.25 drop in after-hours trading is noteworthy, it should not be the sole factor influencing investment decisions.
As always, it is crucial for investors to conduct thorough research and analysis before making any investment decisions. While the stock’s performance on December 4, 2023, may provide some insight, it is important to consider various factors such as the company’s financials, industry trends, and market conditions to make informed investment choices.
In conclusion, PEG exhibited a mixed performance on December 4, 2023. While the stock experienced a slight decline during the day and in after-hours trading, its position near the top of its 52-week range and above its 200-day simple moving average suggests positive price momentum. Investors should carefully evaluate all available information and conduct comprehensive analysis before making any investment decisions related to PEG or any other stock.
PEG Stock Performance on December 4, 2023: Impressive Revenue Growth and Net Income Analysis
Title: PEG Stock Performance on December 4, 2023: A Closer Look at the Numbers
On December 4, 2023, Public Service Enterprise Group (PEG) showcased a remarkable performance in terms of its financials. With the provided data from CNN Money, we will delve into the stock’s revenue, net income, and earnings per share (EPS) figures. Let’s analyze how PEG has fared over the past year and quarter.
PEG’s total revenue for the past year stood at $11.55 billion, reflecting an impressive 32.29% increase compared to the previous year. Additionally, the total revenue for the third quarter amounted to $2.45 billion, marking a 17.82% increase since the previous quarter.
Net Income Analysis:
In terms of net income, PEG witnessed a remarkable upswing in its financial performance. The company’s net income for the past year amounted to $1.03 billion, showcasing a staggering 259.1% increase compared to the previous year. However, the net income for the third quarter declined by 76.48% compared to the previous quarter, amounting to $139.00 million.
Earnings per Share (EPS) Evaluation:
PEG’s earnings per share (EPS) provides valuable insights into the company’s profitability and the returns it offers to its shareholders. Over the past year, the EPS stood at $2.06, indicating a remarkable 260.06% increase compared to the previous year. However, the EPS for the third quarter decreased by 76.48% compared to the previous quarter, amounting to $0.28.
PEG’s stock performance on December 4, 2023, showcased impressive growth in terms of total revenue, net income, and earnings per share over the past year. However, the decline in net income and EPS during the third quarter should be closely monitored and analyzed to identify any potential challenges or factors impacting the company’s financial performance. Investors and stakeholders should consider these figures alongside other relevant information to make informed decisions regarding PEG’s stock.