She was the 2014 recipient of the Doris Duke Artist Award and is a 2016 USA Artist Fellow.
Peggy has received two NYFA Fellowships and three OBIE Awards including an OBIE for Performance in 1987 for Dress Suits for Hire and in 1999 for Menopausal Gentleman. She was the recipient of the 1995 Anderson Foundation Stonewall Award and The Foundation for Contemporary Performance Theatre Performer of the Year Award in 2005.
Her book A Menopausal Gentleman, edited by Jill Dolan and published by Michigan Press, won the 2012 Lambda Literary Award for LBGT Drama. It includes scripts of her solo performances: You’re Just Like My Father, Menopausal Gentleman, To My Chagrin and Must. Peggy was the 2011 recipient of the Ethyl Eichelberger Award for the creation of RUFF, a musical collaboration that explores her experiences of having a stroke. Peggy was named a Senior Fellow by the Hemispheric Institute of Performance in 2014, an award given to scholars, artists and activists affiliated with the institute and whose work illustrates the highest achievement in the field of performance and politics.