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All the trading advice you’ve ever received boils down to this (Ad)
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Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
All the trading advice you’ve ever received boils down to this (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
All the trading advice you’ve ever received boils down to this (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
All the trading advice you’ve ever received boils down to this (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

FirstEnergy Stock Price, News & Analysis (NYSE:FE)

$37.46
+0.41 (+1.11%)
(As of 12/6/2023 ET)
Compare
Today's Range
$36.87
$37.48
50-Day Range
$32.60
$37.67
52-Week Range
$32.18
$43.31
Volume
3.53 million shs
Average Volume
3.67 million shs
Market Capitalization
$21.50 billion
P/E Ratio
46.83
Dividend Yield
4.38%
Price Target
$40.00

FirstEnergy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.8% Upside
$40.00 Price Target
Short Interest
Healthy
1.84% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.52
Upright™ Environmental Score
News Sentiment
0.38mentions of FirstEnergy in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$469,750 Sold Last Quarter
Proj. Earnings Growth
5.12%
From $2.54 to $2.67 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Utilities Sector

66th out of 85 stocks

Electric Services Industry

29th out of 36 stocks


FE stock logo

About FirstEnergy Stock (NYSE:FE)

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. It operates 24,080 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 274,518 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.

FE Stock Price History

FE Stock News Headlines

FirstEnergy stock dips amid broader market downturn
Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
JCP&L Proposes Expansion of Energy Efficiency Offerings
Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
20 Countries With the Cheapest Electricity in the World
Capital World Investors Bolsters Stake in FirstEnergy Corp
FirstEnergy: Continuing To Deliver On The Thesis
FirstEnergy Corp's Dividend Analysis
See More Headlines
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Company Calendar

Last Earnings
10/27/2023
Ex-Dividend for 11/7 Dividend
11/06/2023
Dividend Payable
11/07/2023
Today
12/07/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/12/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
33793210
Employees
12,335
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$40.00
High Stock Price Target
$45.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+6.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$406 million
Pretax Margin
12.22%

Debt

Sales & Book Value

Annual Sales
$12.90 billion
Cash Flow
$4.72 per share
Book Value
$18.61 per share

Miscellaneous

Free Float
573,356,000
Market Cap
$21.50 billion
Optionable
Optionable
Beta
0.47

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Key Executives

  • Mr. K. Jon Taylor (Age 49)
    Senior VP of Strategy & CFO
    Comp: $1.48M
  • Mr. Hyun Park (Age 62)
    Senior VP & Chief Legal Officer
    Comp: $1.3M
  • Ms. Christine L. WalkerMs. Christine L. Walker (Age 58)
    Senior VP of Corporate Services & Chief Human Resources Officer
    Comp: $763.48k
  • Mr. Brian X. Tierney (Age 55)
    CEO, President & Director
  • Mr. Mark Mroczynski P.E.
    Acting Vice President of Operations
  • Mr. Jason J. Lisowski (Age 42)
    VP, Controller & Chief Accounting Officer
  • Mr. Ernest N. Maley
    VP & Chief Information Officer
  • Ms. Irene M. Prezelj (Age 56)
    Vice President of Investor Relations & Communications
  • Mr. Antonio Fernandez
    VP and Chief Ethics & Compliance Officer
  • Ms. Gretchan Sekulich
    Vice President of Communications & Marketing

Should I Buy FirstEnergy Stock? FE Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of FirstEnergy was last updated on Sunday, December 3, 2023 at 4:35 PM.

Pros

Here are some ways that investors could benefit from investing in FirstEnergy Corp.:

  • FirstEnergy Corp. is a leading electricity generation, transmission, and distribution company in the United States.
  • The company operates in multiple states, including Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York, providing a wide market reach.
  • FirstEnergy Corp. has a long history, being incorporated in 1996, which demonstrates its stability and experience in the industry.
  • Investing in FirstEnergy Corp. allows investors to participate in the growth and development of the energy sector.
  • Recent developments and updates in the company's operations and strategies provide potential opportunities for investors.

Cons

Investors should be bearish about investing in FirstEnergy Corp. for these reasons:

  • First Energy Metals Limited, not to be confused with FirstEnergy Corp., is an early stage exploration company focused on mineral properties, which may not provide immediate returns for investors interested in the electricity sector.
  • While FirstEnergy Corp. operates in multiple states, it is subject to regulatory and political risks that could impact its operations and financial performance.
  • Fluctuations in energy prices and demand can affect the profitability of FirstEnergy Corp. and its ability to generate consistent returns for investors.
  • Investing in the energy sector, including FirstEnergy Corp., involves inherent risks associated with the industry, such as environmental concerns and technological advancements.
  • It is important for investors to carefully analyze and monitor the financial performance and market conditions of FirstEnergy Corp. before making investment decisions.














FE Stock Analysis - Frequently Asked Questions

Should I buy or sell FirstEnergy stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FE, but not buy additional shares or sell existing shares.
View FE analyst ratings
or view top-rated stocks.

What is FirstEnergy's stock price target for 2024?

9 brokerages have issued 1 year price targets for FirstEnergy's shares. Their FE share price targets range from $35.00 to $45.00. On average, they predict the company's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price.
View analysts price targets for FE
or view top-rated stocks among Wall Street analysts.

How have FE shares performed in 2023?

FirstEnergy's stock was trading at $41.94 at the start of the year. Since then, FE shares have decreased by 10.7% and is now trading at $37.46.
View the best growth stocks for 2023 here
.

Are investors shorting FirstEnergy?

FirstEnergy saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 10,880,000 shares, an increase of 11.2% from the October 15th total of 9,780,000 shares. Based on an average daily volume of 3,500,000 shares, the short-interest ratio is currently 3.1 days.
View FirstEnergy's Short Interest
.

When is FirstEnergy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 12th 2024.
View our FE earnings forecast
.

How were FirstEnergy's earnings last quarter?

FirstEnergy Corp. (NYSE:FE) issued its quarterly earnings results on Friday, October, 27th. The utilities provider reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.03. The utilities provider earned $3.50 billion during the quarter, compared to analysts' expectations of $3.54 billion. FirstEnergy had a net margin of 4.06% and a trailing twelve-month return on equity of 12.93%. The company's revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.79 EPS.
Read the conference call transcript
.

How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy?

FirstEnergy declared a quarterly dividend on Tuesday, September 26th. Investors of record on Friday, December 1st will be given a dividend of $0.41 per share on Tuesday, November 7th. This represents a $1.64 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date of this dividend is Monday, November 6th. This is an increase from the stock's previous quarterly dividend of $0.39.
Read our dividend analysis for FE
.

Is FirstEnergy a good dividend stock?

FirstEnergy (NYSE:FE) pays an annual dividend of $1.64 per share and currently has a dividend yield of 4.39%. FE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 205.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FE will have a dividend payout ratio of 61.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FE.

What guidance has FirstEnergy issued on next quarter's earnings?

FirstEnergy issued an update on its fourth quarter earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of $0.55-0.65 for the period, compared to the consensus EPS estimate of $0.63.

What is Chuck Jones' approval rating as FirstEnergy's CEO?

63 employees have rated FirstEnergy Chief Executive Officer Chuck Jones on Glassdoor.com. Chuck Jones has an approval rating of 76% among the company's employees.

What other stocks do shareholders of FirstEnergy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FirstEnergy investors own include AT&T (T), Intel (INTC), Cisco Systems (CSCO), Exxon Mobil (XOM), Pfizer (PFE), Verizon Communications (VZ), Johnson & Johnson (JNJ), Chevron (CVX), General Electric (GE) and AbbVie (ABBV).

Who are FirstEnergy's major shareholders?

FirstEnergy's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (2.76%), Invesco Ltd. (2.37%), Boston Partners (1.85%), Ameriprise Financial Inc. (1.84%), Allspring Global Investments Holdings LLC (1.50%) and Morgan Stanley (1.39%).
View institutional ownership trends
.

How do I buy shares of FirstEnergy?

Shares of FE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does FirstEnergy have any subsidiaries?
The following companies are subsidiares of FirstEnergy: Allegheny Energy, FirstEnergy Service Company, FirstEnergy Transmission LLC, FirstEnergy Ventures Corp., GPU Inc, Jersey Central Power & Light Company, MARBEL Energy Corporation, Metropolitan Edison Company, Monongahela Power Company, Ohio Edison Company, Pennsylvania Electric Company, The Cleveland Electric Illuminating Compan, The Potomac Edison Company, The Toledo Edison Company, and West Penn Power Company.
Read More
This page (NYSE:FE) was last updated on 12/7/2023 by MarketBeat.com Staff

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