While reporting financial results for the fourth quarter on Thursday, Public Service Enterprise Group, Inc. (PEG) initiated its operating earnings guidance for the full-year 2026 in a range of $4.28 to $4.40 per share.
The company raised its 2026-2030 capital spending plan to $24 billion to $28 billion from the prior five-year plan of $22.5 billion to $26 billion.
For 2026, the company announced a 13.5 percent higher plan to invest $4.2 billion on regulated investments focused on infrastructure modernization, energy efficiency, electrification initiatives and load growth.
Further, the company is updating its long-term outlook for compound annual growth in operating earnings to 6 to 8 percent through 2030 based on the higher midpoint of 2026 guidance, rebasing higher for the second year in a row.
The Board of Directors also declared about 6 percent higher $0.04 per share higher quarterly common stock dividend of $0.67 per share for the first quarter of 2026, payable on or before March 31, 2026, to shareholders of record on March 10, 2026.
In Thursday's pre-market trading, PEG is trading on the NYSE at $86.77, up $0.80 or 0.93 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.