Public Service Enterprise Group (NYSE:PEG – Get Free Report) and Dominion Energy (NYSE:D – Get Free Report) are both large-cap utilities companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, dividends, risk, earnings, analyst recommendations, valuation and profitability.
Analyst Ratings
This is a breakdown of recent recommendations for Public Service Enterprise Group and Dominion Energy, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Public Service Enterprise Group | 0 | 8 | 7 | 1 | 2.56 |
| Dominion Energy | 1 | 10 | 4 | 0 | 2.20 |
Public Service Enterprise Group currently has a consensus target price of $91.25, indicating a potential upside of 18.79%. Dominion Energy has a consensus target price of $68.00, indicating a potential downside of 1.90%. Given Public Service Enterprise Group’s stronger consensus rating and higher possible upside, equities analysts clearly believe Public Service Enterprise Group is more favorable than Dominion Energy.
Institutional & Insider Ownership
Profitability
This table compares Public Service Enterprise Group and Dominion Energy’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Public Service Enterprise Group | 17.69% | 12.30% | 3.66% |
| Dominion Energy | 16.93% | 9.63% | 2.67% |
Volatility & Risk
Public Service Enterprise Group has a beta of 0.51, meaning that its share price is 49% less volatile than the S&P 500. Comparatively, Dominion Energy has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500.
Earnings and Valuation
This table compares Public Service Enterprise Group and Dominion Energy”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Public Service Enterprise Group | $12.17 billion | 3.15 | $2.11 billion | $4.52 | 17.00 |
| Dominion Energy | $16.51 billion | 3.69 | $3.00 billion | $3.38 | 20.51 |
Dominion Energy has higher revenue and earnings than Public Service Enterprise Group. Public Service Enterprise Group is trading at a lower price-to-earnings ratio than Dominion Energy, indicating that it is currently the more affordable of the two stocks.
Dividends
Public Service Enterprise Group pays an annual dividend of $2.68 per share and has a dividend yield of 3.5%. Dominion Energy pays an annual dividend of $2.67 per share and has a dividend yield of 3.9%. Public Service Enterprise Group pays out 59.3% of its earnings in the form of a dividend. Dominion Energy pays out 79.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Public Service Enterprise Group has increased its dividend for 14 consecutive years.
Summary
Public Service Enterprise Group beats Dominion Energy on 12 of the 18 factors compared between the two stocks.
About Public Service Enterprise Group
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants and gas storage facilities activities. As of December 31, 2023, it had electric transmission and distribution system of 25,000 circuit miles and 866,600 poles; 56 switching stations with an installed capacity of 39,953 megavolt-amperes (MVA), and 235 substations with an installed capacity of 10,382 MVA; 109 MVA aggregate installed capacity for substations; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. Public Service Enterprise Group Incorporated was founded in 1903 and is based in Newark, New Jersey.
About Dominion Energy
Dominion Energy, Inc. produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 0.8 million customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 0.4 million residential, commercial, and industrial customers in South Carolina. The Contracted Energy segment is involved in the nonregulated long-term contracted renewable electric generation and renewable natural gas facility. As of December 31, 2023, the company's portfolio of assets included approximately 29.5 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 79,300 miles of electric distribution lines; and 94,800 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.
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