PEG · NYSE · Electric & Other Services Combined

Public Service Enterprise Group Inc

An investment memo on PSEG: where the earnings sit from the New Jersey ratepayer to the allowed equity return, a one-account money ladder, the H1 2026 starting point, competitors and the nuclear option, 2027 and 2030 scenarios, a 31 Oct 2026 valuation with per-share scenario values, and a leadership, promises and insider review. IBKR ratings pending.

What we have on this company
Information	Status	As of
Detailed research report	Yes	2026-10-31
Rule-based screens	Scored, on no current shortlist	2026-10-31
Valuation	Model 78.12 (+5% vs price); Below fair value · +4% to USD 77.67	2026-10-31, 2026-10-30
Chart-pattern read	Up +7% to target, Head-and-shoulders bottom (confirmed)	2026-10-30
Paper portfolio	Held since 2026-10-15	2026-10-30

Research

Detailed report · reviewed 2026-10-31 · financial baseline Q2 2026

A rate-base compounder priced near fair value while New Jersey politics resets the risk

Fairly priced compounder. At USD 74.29 PEG trades at 17.1x the 2026 guidance midpoint (4.28 to 4.40) and 16.0x our 2027 base EPS of 4.64, yielding 3.6%. Rate base of about USD 36B grows 6% to 7.5% a year with no new equity, but New Jersey's 2026 rate politics, a transmission ROE adder in question and an early rate case drove eleven of twelve target cuts in October. Scenario values USD 62.9 bust, 76.6 base, 91.0 boom (nuclear contract); consensus target USD 80. The Q3 report on 2 November 2026 is the next hard test.

Researched 31 Oct 2026 · independent fact audit done 31 Oct 2026 · IBKR capture pending

Read the full report →

Scores

Deterministic rule outputs, snapshot 2026-10-31 · price 74.29 on 2026-10-30. Not recommendations.

Method	Score	Inputs as of	Flags
Graham Defensive	91	2025-12-31	stale input
Magic Formula	n/a
Momentum	42	2026-10-30
Insider	0	2026-10-30
Buffett Quality	34	2026-06-30	stale input
Lynch GARP	24	2026-06-30	stale input
Graham Enterprising	36	2026-06-30	stale input
Piotroski F-Score	89

Every input with its filing: full score sheet · research packet (JSON) · Markdown · SEC filings.

Valuation

Model estimate from SEC filings · calculated 2026-10-31 from the 2026-10-30 close · filings through 2026-06-30

78.12 +5% vs price

Range 57.46 to 98.78, 2 of 3 methods agree. A labelled model estimate, not a price target. Method.

Research fair-value comparison · latest source 2026-10-30

Below fair value · +4% to USD 77.67

Average of the dated sources shown in the report, with the price chart. Open the fair-value section.

Charts

Chart-pattern read from a notebook citing Bulkowski's Encyclopedia of Chart Patterns · forecast data to 2026-10-30 · 2 runs kept

Up +7% · Head-and-shoulders bottom, confirmed

Book base rate 97% that such a breakout keeps going; 74% reached the full target. Historical frequencies, not a probability for this stock.

Open the chart → Forecast journal

Portfolio activity Paper

Simulated $50k paper account, not an investable fund · data as of the 2026-10-30 close

Held: 73.5 shares at an average cost of 70.31, 9.4% of the account, opened 2026-10-15; unrealized +5.67%.

Date	Action	Shares	Price
2026-10-15	BUY	73.5	70.31

See the position in the paper portfolio · all activity