PSEG (PEG) Stock Looks Reasonable On Dividends But Richer On Earnings

Public Service Enterprise Group stock has risen about 40.5% over the past five years, yet its current checks suggest a mixed picture, with the Dividend Discount Model (DDM) pointing to a price close to intrinsic value while market multiples appear more supportive. Over five years, shareholders are up roughly 40.5%, which points to a steady but not runaway gain for a regulated utility stock. New proposals to supply power to data centers through PJM’s reliability initiative can support long...