NYSE:FE FirstEnergy (FE) Stock Forecast, Price & News $33.61 +1.01 (+3.10%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$32.18▼$33.7850-Day Range$32.60▼$40.0252-Week Range$32.18▼$43.31Volume8.44 million shsAverage Volume4.05 million shsMarket Capitalization$19.27 billionP/E Ratio42.54Dividend Yield4.64%Price Target$41.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability FirstEnergy MarketRank™ ForecastAnalyst RatingHold2.30 Rating ScoreUpside/Downside23.5% Upside$41.50 Price TargetShort InterestHealthy1.86% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.52Upright™ Environmental ScoreNews Sentiment0.62Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth6.75%From $2.52 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.2.23 out of 5 starsUtilities Sector63rd out of 85 stocksElectric Services Industry29th out of 39 stocks 2.2 Analyst's Opinion Consensus RatingFirstEnergy has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.50, FirstEnergy has a forecasted upside of 23.5% from its current price of $33.61.Amount of Analyst CoverageFirstEnergy has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.86% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FirstEnergy has recently decreased by 6.15%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipFirstEnergy is a leading dividend payer. It pays a dividend yield of 4.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirstEnergy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of FirstEnergy is 197.47%. 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 2.6 News and Social Media Coverage News SentimentFirstEnergy has a news sentiment score of 0.62. 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 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 15 news articles for FirstEnergy this week, compared to 7 articles on an average week.Search InterestOnly 6 people have searched for FE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added FirstEnergy to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% 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 0.08% of the stock of FirstEnergy is held by insiders.Percentage Held by Institutions82.34% 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 6.75% in the coming year, from $2.52 to $2.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FirstEnergy is 42.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.19.Price to Earnings Ratio vs. SectorThe P/E ratio of FirstEnergy is 42.54, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.31.Price to Book Value per Share RatioFirstEnergy has a P/B Ratio of 1.81. 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., 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.Read More FE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FE Stock News HeadlinesOctober 3, 2023 | forbes.comFirstEnergy Net Debit Is $32.50, Not $31.50October 3, 2023 | forbes.comFirstEnergy Buy Write Grabs Dividend And Bets On Eventual Stabilization In UtilitiesOctober 4, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.October 3, 2023 | finance.yahoo.comFirstEnergy (FE): A Hidden Gem or a Mirage? An In-Depth Analysis of Its ValuationOctober 2, 2023 | finance.yahoo.comPenelec Conducts Annual Storm Restoration Drill to Help Employees Prepare for Severe Weather EventsOctober 2, 2023 | nasdaq.comIs FirstEnergy A Better Pick Than Verisign Stock?October 1, 2023 | cbsnews.comLive Updates: Baltimore Ravens take on the Cleveland Browns at FirstEnergy StadiumSeptember 30, 2023 | finance.yahoo.comFirstEnergy (NYSE:FE) Has Announced That It Will Be Increasing Its Dividend To $0.41October 4, 2023 | Oxford Club (Ad)AI Stock Caught Trading Under Secret NameWe have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion. The company holds over 29,000 patents in the U.S. It pays an enormous dividend.September 28, 2023 | finance.yahoo.comFirstEnergy Corp (FE): A Deep Dive into Its Performance PotentialSeptember 28, 2023 | americanbankingnews.comFirstEnergy (NYSE:FE) Downgraded by StockNews.comSeptember 26, 2023 | finance.yahoo.com2 of Carl Icahn's Holdings Approach 52-Week LowsSeptember 26, 2023 | finance.yahoo.comJCP&L Conducts Annual Storm Restoration Exercise to Prepare for Winter Storm SeasonSeptember 25, 2023 | americanbankingnews.comAnalysts Set FirstEnergy Corp. (NYSE:FE) PT at $41.50September 21, 2023 | finance.yahoo.comFirstEnergy's (FE) Unit to Enhance Power Line in Monmouth CountySeptember 20, 2023 | finance.yahoo.comFirstEnergy (FE): A Modestly Undervalued Gem in the Utilities Sector?September 20, 2023 | finance.yahoo.comJCP&L Upgrading Transmission Power Line in Monmouth CountySeptember 13, 2023 | finance.yahoo.comFirstEnergy Named Top Utility for Economic Development by Site Selection Magazine for Fifth Year in a RowSeptember 12, 2023 | finance.yahoo.comFirstEnergy's (FE) Units to Enhance Wastewater Treatment ProcessSeptember 11, 2023 | finance.yahoo.comFirstEnergy Upgrading Transmission Line in Portage CountySeptember 11, 2023 | finance.yahoo.comMon Power and Potomac Edison Improve Wastewater Treatment Process at West Virginia Power PlantsSeptember 8, 2023 | finance.yahoo.comIDACORP (IDA) Rides on Investments, Diverse Customer BaseSeptember 8, 2023 | finance.yahoo.comJCP&L Joining with Community Agencies for Energy Assistance Days to Help Customers Pay Utility BillsSeptember 7, 2023 | finance.yahoo.comFirstEnergy Begins Upgrade of 20-Mile Transmission Line in Eastern OhioSeptember 4, 2023 | finance.yahoo.comEversource (ES) Benefits From Investment & Renewable FocusAugust 31, 2023 | markets.businessinsider.comFirstEnergy's Subsidiaries File Settlement To Consolidate Into Single EntityAugust 31, 2023 | finance.yahoo.comWhy Is FirstEnergy (FE) Down 6% Since Last Earnings Report?See More Headlines 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 Last Earnings8/01/2023Ex-Dividend for 9/1 Dividend8/04/2023Dividend Payable9/01/2023Today10/04/2023Next Earnings (Estimated)10/24/2023Ex-Dividend for 11/7 Dividend11/06/2023Dividend Payable11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Utilities - Regulated Electric 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$41.50 High Stock Price Forecast$45.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+23.5%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.79 Trailing P/E Ratio42.54 Forward P/E Ratio13.34 P/E GrowthN/ANet Income$406 million Net Margins3.55% Pretax Margin12.06% Return on Equity12.41% Return on Assets2.93% Debt Debt-to-Equity Ratio2.07 Current Ratio0.60 Quick Ratio0.49 Sales & Book Value Annual Sales$12.46 billion Price / Sales1.55 Cash Flow$4.63 per share Price / Cash Flow7.26 Book Value$18.61 per share Price / Book1.81Miscellaneous Outstanding Shares573,360,000Free Float572,903,000Market Cap$19.27 billion OptionableOptionable Beta0.46 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. K. Jon Taylor (Age 49)Sr. VP of Strategy & CFO Comp: $1.48MMr. Hyun Park (Age 62)Sr. VP & Chief Legal Officer Comp: $1.3MMs. Christine L. Walker (Age 58)Sr. VP of Corp. Services & Chief HR Officer Comp: $763.48kMr. Brian X. Tierney (Age 55)CEO, Pres & Director Mr. Mark Mroczynski P.E.Acting VP of OperationsMr. Jason J. Lisowski (Age 42)VP, Controller & Chief Accounting Officer Mr. Ernest N. MaleyVP & Chief Information OfficerMs. Irene M. Prezelj (Age 55)VP of Investor Relations & Communications Mr. Antonio FernandezVP and Chief Ethics & Compliance OfficerMs. Gretchan SekulichVP of Communications & MarketingMore ExecutivesKey CompetitorsEntergyNYSE:ETREversource EnergyNYSE:ESPPLNYSE:PPLEdison InternationalNYSE:EIXPinnacle West CapitalNYSE:PNWView All CompetitorsInstitutional OwnershipPortside Wealth Group LLCBought 36,232 shares on 9/1/2023Ownership: 0.006%ProVise Management Group LLCSold 5,042 shares on 8/24/2023Ownership: 0.002%Wolverine Trading LLCBought 36,200 shares on 8/23/2023Ownership: 0.000%Rehmann Capital Advisory GroupSold 4,523 shares on 8/23/2023Ownership: 0.001%Comerica BankBought 1,211 shares on 8/22/2023Ownership: 0.000%View All Institutional Transactions FE Stock - Frequently Asked Questions Should I buy or sell FirstEnergy stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 1 sell rating, 5 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 forecast for 2023? 10 equities research analysts have issued 1-year price targets for FirstEnergy's stock. Their FE share price forecasts range from $37.00 to $45.00. On average, they expect the company's stock price to reach $41.50 in the next twelve months. This suggests a possible upside of 23.5% 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 2023. Since then, FE shares have decreased by 19.9% and is now trading at $33.61. View the best growth stocks for 2023 here. Are investors shorting FirstEnergy? FirstEnergy saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 10,680,000 shares, a decline of 6.2% from the August 31st total of 11,380,000 shares. Based on an average trading volume of 2,990,000 shares, the days-to-cover ratio is currently 3.6 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 Tuesday, October 24th 2023. View our FE earnings forecast. How were FirstEnergy's earnings last quarter? FirstEnergy Corp. (NYSE:FE) issued its quarterly earnings data on Tuesday, August, 1st. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.01. The utilities provider had revenue of $3.01 billion for the quarter, compared to analysts' expectations of $2.89 billion. FirstEnergy had a trailing twelve-month return on equity of 12.41% and a net margin of 3.55%. Read the conference call transcript. How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy? FirstEnergy announced a quarterly dividend on Tuesday, September 26th. Investors of record on Friday, December 1st will be paid a dividend of $0.41 per share on Tuesday, November 7th. This represents a $1.64 annualized dividend and a yield of 4.88%. The ex-dividend date is Monday, November 6th. This is a positive change from the stock's previous quarterly dividend of $0.39. 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), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Utilities Select Sector SPDR Fund (XLU), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Vanguard Utilities ETF (VPU), Fidelity MSCI Utilities Index ETF (FUTY) and AAM S&P 500 High Dividend Value ETF (SPDV). 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 4.56%. 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 197.47%. 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 FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $2.44-$2.64 for the period, compared to the consensus EPS estimate of $2.54. The company issued revenue guidance of -. 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." 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 $33.61. How much money does FirstEnergy make? FirstEnergy (NYSE:FE) has a market capitalization of $19.27 billion and generates $12.46 billion in revenue each year. The utilities provider earns $406 million in net income (profit) each year or $0.79 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 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. 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