Public Service Enterprise Group Incorporated (PEG) has announced strong Q4 2024 earnings with an increase in revenues. Their consistent investments in infrastructure have been key to their long-term growth. The company's CEO, Ralph LaRossa, recently sold shares worth $114,212. Additionally, PSEG has released its third-quarter results for 2024. There is some question if it's currently the best nuclear power stock to buy as it has a mixed outlook due to a potential weakness, after Larossa sold a huge amount of shares. The company has also recently got a massive influx of new shares in the form of a large grant to the CEO. Vanguard Group Inc. increased its holdings in PSEG, despite some analysts lowering the price target for PSEG stock. The company's commitment to workforce development and sustainable initiatives has bolstered its stocks, and it will be increasing its dividend to $0.63. A significant increase in the market cap and a large investment in AI and nuclear power make PSEG an interesting prospect for the future.
Public Service Enterprise Group Incorporated PEG News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Wed, 02 Apr 2025 18:42:52 GMT -
Rating 7
- Innovation -2
- Information 5
- Rumor -3
