NYSE:FE FirstEnergy - FE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding FirstEnergy Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $37.75 -0.61 (-1.59%) (As of 03/23/2023 04:03 PM ET) Add Compare Share Share Today's Range$37.56▼$38.4750-Day Range$38.09▼$43.0952-Week Range$35.32▼$48.85Volume3.41 million shsAverage Volume3.91 million shsMarket Capitalization$21.60 billionP/E Ratio53.17Dividend Yield4.13%Price Target$43.89 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability FirstEnergy MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside14.6% Upside$43.56 Price TargetShort InterestHealthy1.69% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.52Upright™ Environmental ScoreNews Sentiment0.65Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth6.32%From $2.53 to $2.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 starsUtilities Sector42nd out of 85 stocksElectric Services Industry22nd out of 40 stocks 3.2 Analyst's Opinion Consensus RatingFirstEnergy has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.56, FirstEnergy has a forecasted upside of 14.6% from its current price of $38.02.Amount of Analyst CoverageFirstEnergy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.69% of the outstanding shares of FirstEnergy have been sold short.Short Interest Ratio / Days to CoverFirstEnergy has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FirstEnergy has recently increased by 67.42%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipFirstEnergy is a leading dividend payer. It pays a dividend yield of 3.87%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirstEnergy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of FirstEnergy is 219.72%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, FirstEnergy will have a dividend payout ratio of 57.99% next year. This indicates that FirstEnergy will be able to sustain or increase its dividend. Previous Next 0.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirstEnergy has received a -83.13% net impact score from Upright. The largest negative impact of FirstEnergy in category "GHG emissions" is driven by its "Electricity produced with coal", "Electricity transmission and distribution services", and "Electricity produced with hydropower" products. See details.Environmental SustainabilityThe Environmental Impact score for FirstEnergy is -7.52. Previous Next 3.1 News and Social Media Coverage News SentimentFirstEnergy has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 10 news articles for FirstEnergy this week, compared to 6 articles on an average week.Search InterestOnly 12 people have searched for FE on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days.MarketBeat Follows9 people have added FirstEnergy to their MarketBeat watchlist in the last 30 days. This is an increase of 80% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FirstEnergy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.07% of the stock of FirstEnergy is held by insiders.Percentage Held by Institutions81.80% of the stock of FirstEnergy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for FirstEnergy are expected to grow by 6.32% in the coming year, from $2.53 to $2.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FirstEnergy is 53.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.04.Price to Earnings Ratio vs. SectorThe P/E ratio of FirstEnergy is 53.55, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 104.11.Price to Earnings Growth RatioFirstEnergy has a PEG Ratio of 2.47. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFirstEnergy has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About FirstEnergy (NYSE:FE) StockFirstEnergy Corp. engages in the generation, transmission, and distribution of electricity as well as energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate or Other. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate or Other segment reflects corporate support and other costs not charged or attributable to the utilities or transmission companies. The company was founded in 1996 and is headquartered in Akron, OH.Read More Receive FE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FirstEnergy and its competitors with MarketBeat's FREE daily newsletter. Email Address FE Stock News HeadlinesMarch 21, 2023 | finance.yahoo.comFirstEnergy Named Top 50 Diversity Employer by Minority Engineer™ MagazineMarch 20, 2023 | finance.yahoo.comFirstEnergy Installs New High-Voltage Wires in Northwest Ohio to Support Grid ReliabilityMarch 23, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 16, 2023 | finance.yahoo.comJCP&L Files Rate Review to Continue Service Reliability Enhancements and Support Customer Assistance ProgramsMarch 16, 2023 | finance.yahoo.comNew Substation Energized to Deliver Safe, Reliable Power to Potomac Edison Customers in Frederick CountyMarch 16, 2023 | finance.yahoo.comFE BATTERY METALS ACQUIRES GEORGIA LAKE LITHIUM CLAIMS LOCATED IN NORTHWESTERN ONTARIOMarch 15, 2023 | finance.yahoo.comOhio Edison Wrapping Up Energy Grid Enhancements to Promote Economic Growth in Rural Portage CountyMarch 14, 2023 | finance.yahoo.comWhat's next in Ohio corruption probe after guilty verdicts?March 23, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 14, 2023 | americanbankingnews.comFirstEnergy (NYSE:FE) and Huaneng Power International (NYSE:HNPIY) Head to Head ContrastMarch 13, 2023 | finance.yahoo.comFirstEnergy Corp. Donation Brings New Pop-Up Library to Greater AkronMarch 10, 2023 | finance.yahoo.comFormer Ohio House speaker Householder convicted over $60 mln bribery plotMarch 9, 2023 | finance.yahoo.comEx-GOP Ohio speaker, lobbyist guilty in $60M bribery schemeMarch 9, 2023 | finance.yahoo.comRepublicans Are Convicted in Ohio Bribery SchemeMarch 7, 2023 | finance.yahoo.comSupreme Court’s ‘Dark Money’ Rulings Anchor Defense in Ohio Political Corruption TrialMarch 6, 2023 | finance.yahoo.comFirstEnergy Demolishes Three Emissions Stacks at Hatfield's Ferry Power StationMarch 6, 2023 | msn.comOutdoor Classic at FirstEnergy Stadium ends with Cleveland Monsters victory in overtimeMarch 2, 2023 | finance.yahoo.comHouseholder's claims questioned as corruption testimony endsMarch 2, 2023 | finance.yahoo.comToledo Edison Begins Installation of 1,000 LED Streetlights in PerrysburgFebruary 27, 2023 | finance.yahoo.comPenelec's Underground Cable Replacement Project to Help Enhance Electric Service to Treasure Lake CommunityFebruary 24, 2023 | finance.yahoo.comBuy This Utility Stock. It Should Thrive as America Goes Electric.February 17, 2023 | finance.yahoo.comFirstEnergy Corp. (NYSE:FE) Q4 2022 Earnings Call TranscriptFebruary 15, 2023 | finance.yahoo.comJCP&L Connects Solar Project in Mount Olive to Electric GridFebruary 15, 2023 | finance.yahoo.comFirstEnergy Full Year 2022 Earnings: Revenues Beat Expectations, EPS LagsFebruary 14, 2023 | finance.yahoo.comFirstEnergy's (FE) Q4 Earnings Miss Estimates, Revenues BeatFebruary 13, 2023 | finance.yahoo.comFirstEnergy Reminds Customers to Keep Loved Ones Warm and Cozy this Valentine's Day by Properly Handling Foil BalloonsFebruary 8, 2023 | finance.yahoo.comPotomac Edison Completes 2022 Service Reliability Projects to Enhance Electric System Reliability and Performance; Plans More in 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FirstEnergy and its competitors with MarketBeat's FREE daily newsletter. Email Address FE Company Calendar Ex-Dividend for 3/1 Dividend2/06/2023Last Earnings2/13/2023Dividend Payable3/01/2023Today3/23/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:FE CUSIP33793210 CIK1031296 Webwww.firstenergycorp.com Phone(800) 736-3402Fax330-384-3866Employees12,335Year Founded1997Price Target and Rating Average Stock Price Forecast$43.56 High Stock Price Forecast$51.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+14.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.71 Trailing P/E Ratio54.03 Forward P/E Ratio15.16 P/E Growth2.43Net Income$406 million Net Margins3.26% Pretax Margin11.55% Return on Equity13.16% Return on Assets3.05% Debt Debt-to-Equity Ratio1.99 Current Ratio0.61 Quick Ratio0.50 Sales & Book Value Annual Sales$12.46 billion Price / Sales1.76 Cash Flow$4.54 per share Price / Cash Flow8.45 Book Value$18.61 per share Price / Book2.06Miscellaneous Outstanding Shares572,245,000Free Float571,844,000Market Cap$21.95 billion OptionableOptionable Beta0.43 Social Links Key ExecutivesJohn W. SomerhalderChairman, President & Chief Executive OfficerSamuel L. BelcherSenior Vice President-OperationsK. Jon TaylorChief Financial Officer & Senior Vice PresidentErnest N. MaleyChief Information Officer & Vice PresidentAntonio FernándezVice President, Chief Ethics & Compliance OfficerKey CompetitorsEntergyNYSE:ETRPPLNYSE:PPLEdison InternationalNYSE:EIXEversource EnergyNYSE:ESPinnacle West CapitalNYSE:PNWView All CompetitorsInstitutional OwnershipB. Riley Wealth Advisors Inc.Bought 4,849 shares on 3/15/2023Ownership: 0.003%Victory Capital Management Inc.Sold 13,324 shares on 3/10/2023Ownership: 0.295%Capital Asset Advisory Services LLCSold 1,939 shares on 3/8/2023Ownership: 0.001%Rockefeller Capital Management L.P.Sold 18,376 shares on 3/6/2023Ownership: 0.003%Voya Investment Management LLCBought 2,670 shares on 2/28/2023Ownership: 0.035%View All Institutional Transactions FE Stock - Frequently Asked Questions Should I buy or sell FirstEnergy stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023? 9 brokerages have issued twelve-month target prices for FirstEnergy's stock. Their FE share price forecasts range from $38.00 to $51.00. On average, they predict the company's share price to reach $43.56 in the next twelve months. This suggests a possible upside of 13.5% 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 beginning of the year. Since then, FE stock has decreased by 8.5% and is now trading at $38.36. View the best growth stocks for 2023 here. Are investors shorting FirstEnergy? FirstEnergy saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 9,660,000 shares, an increase of 67.4% from the February 13th total of 5,770,000 shares. Based on an average daily volume of 3,620,000 shares, the short-interest ratio is presently 2.7 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 Thursday, April 20th 2023. View our FE earnings forecast. How were FirstEnergy's earnings last quarter? FirstEnergy Corp. (NYSE:FE) released its quarterly earnings results on Monday, February, 13th. The utilities provider reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.53 by $0.03. The utilities provider earned $3.20 billion during the quarter, compared to analyst estimates of $2.45 billion. FirstEnergy had a net margin of 3.26% and a trailing twelve-month return on equity of 13.16%. The business's quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.51 earnings per share. Read the conference call transcript. How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy? FirstEnergy announced a quarterly dividend on Wednesday, March 22nd. Investors of record on Friday, May 5th will be given a dividend of $0.39 per share on Thursday, June 1st. This represents a $1.56 annualized dividend and a dividend yield of 4.07%. Read our dividend analysis for FE. What ETFs hold FirstEnergy's stock? ETFs with the largest weight of FirstEnergy (NYSE:FE) stock in their portfolio include TrueShares Low Volatility Equity Income ETF (DIVZ), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Utilities Select Sector SPDR Fund (XLU), Invesco DWA Utilities Momentum ETF (PUI), AAM S&P 500 High Dividend Value ETF (SPDV), Fidelity MSCI Utilities Index ETF (FUTY), Vanguard Utilities ETF (VPU) and iShares U.S. Utilities ETF (IDU). Is FirstEnergy a good dividend stock? FirstEnergy (NYSE:FE) pays an annual dividend of $1.56 per share and currently has a dividend yield of 3.87%. The dividend payout ratio is 219.72%. 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 57.99% 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 FY23 earnings guidance on Monday, February, 13th. The company provided EPS guidance of $2.44-2.64 for the period, compared to the consensus EPS estimate of $2.48. 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). What is FirstEnergy's stock symbol? FirstEnergy trades on the New York Stock Exchange (NYSE) under the ticker symbol "FE." Who are FirstEnergy's major shareholders? FirstEnergy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (3.45%), Boston Partners (2.03%), Geode Capital Management LLC (1.96%), Allspring Global Investments Holdings LLC (1.45%), Morgan Stanley (1.31%) and Legal & General Group Plc (1.00%). 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. What is FirstEnergy's stock price today? One share of FE stock can currently be purchased for approximately $38.36. How much money does FirstEnergy make? FirstEnergy (NYSE:FE) has a market capitalization of $21.95 billion and generates $12.46 billion in revenue each year. The utilities provider earns $406 million in net income (profit) each year or $0.71 on an earnings per share basis. How many employees does FirstEnergy have? The company employs 12,335 workers across the globe. 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 How can I contact FirstEnergy? FirstEnergy's mailing address is 76 SOUTH MAIN ST, AKRON OH, 44308. The official website for the company is www.firstenergycorp.com. The utilities provider can be reached via phone at (800) 736-3402, via email at firstenergy@amstock.com, or via fax at 330-384-3866. This page (NYSE:FE) was last updated on 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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