NEWARK, N.J., October 13, 2019 – Shares of Public Service Enterprise Group Incorporated (NYSE: PEG) inclined 1.37% to $62.35. The stock traded total volume of 2.190M shares lower than the average volume of 2.20M shares.
Public Service Enterprise Group (PEG) reported net income for the first quarter of 2019 of $700.0M, or $1.38 per share as compared to Net Income of $558.0M, or $1.10 per share, in the first quarter of 2018. Non-GAAP Operating Earnings for the first quarter of 2019 were $547.0M, or $1.08 per share, compared to non-GAAP Operating Earnings for the first quarter of 2018 of $492.0M, or $0.97 per share. Non-GAAP results for the first quarter exclude items such as the recognition of net unrealized gains on Nuclear Decommissioning Trust (NDT) equity securities, and Mark to Market (MTM) gains.
PEG has the market capitalization of $31.20B and its EPS growth ratio for the past five years was 3.00%. The return on assets ratio of the Company was 3.20% while its return on investment ratio stands at 6.30%. Price to sales ratio was 3.07 while 72.90% of the stock was owned by institutional investors.
