NYSE:FE FirstEnergy (FE) Stock Forecast, Price & News $37.06 -0.33 (-0.88%) (As of 03:39 PM ET) Add Compare Share Share Today's Range$36.74▼$37.4750-Day Range$36.71▼$41.8552-Week Range$35.32▼$43.31Volume3.74 million shsAverage Volume4.02 million shsMarket Capitalization$21.23 billionP/E Ratio52.20Dividend Yield4.21%Price Target$43.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability FirstEnergy MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside15.8% Upside$43.00 Price TargetShort InterestHealthy1.97% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.52Upright™ Environmental ScoreNews Sentiment0.90Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth6.00%From $2.50 to $2.65 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.1.98 out of 5 starsUtilities Sector133rd out of 166 stocksElectric Services Industry67th out of 80 stocks 2.1 Analyst's Opinion Consensus RatingFirstEnergy has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.00, FirstEnergy has a forecasted upside of 15.8% from its current price of $37.13.Amount of Analyst CoverageFirstEnergy has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.97% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FirstEnergy has recently increased by 110.84%, 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 4.22%, 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 58.87% 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 2.2 News and Social Media Coverage News SentimentFirstEnergy has a news sentiment score of 0.90. 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 0.38 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for FirstEnergy this week, compared to 8 articles on an average week.Search InterestOnly 1 people have searched for FE on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added FirstEnergy to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% 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 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 6.00% in the coming year, from $2.50 to $2.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FirstEnergy is 52.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.85.Price to Earnings Ratio vs. SectorThe P/E ratio of FirstEnergy is 52.30, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.24.Price to Earnings Growth RatioFirstEnergy has a PEG Ratio of 2.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFirstEnergy has a P/B Ratio of 1.98. 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 HeadlinesJune 1, 2023 | finance.yahoo.comMon Power and Potomac Edison File Rate Review to Support Continued Service Reliability and New Customer Advocacy Program in West VirginiaMay 26, 2023 | finance.yahoo.comFE BATTERY METALS INITIATES BIOGEOCHEMSITRY SURVEY ON TRIX PROPERTY LOCATED IN THE GEORGIA LAKE AREA AND PROVIDES CORPORATE UPDATEJune 1, 2023 | Edge On The Street (Ad)AI is Unstoppable. Now Is The Time!AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.May 25, 2023 | americanbankingnews.comFirstEnergy Corp. (NYSE:FE) Receives $43.00 Average PT from AnalystsMay 24, 2023 | finance.yahoo.comFirstEnergy Holds 2023 Annual MeetingMay 24, 2023 | msn.comWhy FirstEnergy customers will see big electric bills this summerMay 23, 2023 | finance.yahoo.comCalculating The Fair Value Of FirstEnergy Corp. (NYSE:FE)May 23, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for FirstEnergy Corp. (NYSE:FE) Lifted by AnalystJune 1, 2023 | Edge On The Street (Ad)ChatGPT Is Already "Old School"As good as ChatGPT is at writing content, it still doesn't understand what it's saying. But a new AI technology breakthrough will understand and process information like a human. One young company is leading the way.May 22, 2023 | markets.businessinsider.comFirstEnergy (FE) Receives a Buy from Morgan StanleyMay 22, 2023 | msn.comMorgan Stanley Maintains Firstenergy (FE) Overweight RecommendationMay 21, 2023 | americanbankingnews.comFirstEnergy (NYSE:FE) Coverage Initiated by Analysts at StockNews.comMay 21, 2023 | americanbankingnews.comFirstEnergy (NYSE:FE) Earns Hold Rating from Analysts at StockNews.comMay 19, 2023 | finance.yahoo.comFirstEnergy Corp.: Warm winter weighs on first-quarter earningsMay 18, 2023 | finance.yahoo.comFirstEnergy Offers Safety Tips for Vehicle Accidents Involving Utility EquipmentMay 17, 2023 | finance.yahoo.comPenelec Completing Upgrades to Electric System in Central PennsylvaniaMay 17, 2023 | finance.yahoo.comPotomac Edison Incentivizes Electric Vehicle Charging During Off-Peak Hours to Save Residential Customers Money and Take Pressure Off the Electric GridMay 17, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for FirstEnergy Corp. Decreased by Zacks Research (NYSE:FE)May 16, 2023 | finance.yahoo.comFirstEnergy to Donate and Plant More Than 3,200 Trees Across New Jersey in 2023May 12, 2023 | msn.comCleveland FirstEnergy customer bills to jump in June and July due to City Hall delays. What now?May 12, 2023 | yahoo.comFirstEnergy to move out of downtown Akron, consolidate corporate offices in West AkronMay 12, 2023 | yahoo.comFirstEnergy cutting 90 employees, 670 eligible for early retirementMay 10, 2023 | finance.yahoo.comPotomac Edison Encourages Maryland Customers to Review Options to Help Manage Summer Electric BillsMay 7, 2023 | finance.yahoo.comFirstEnergy's (NYSE:FE) investors will be pleased with their respectable 42% return over the last five yearsMay 4, 2023 | finance.yahoo.comLooking For Passive Income? These Dividend Stocks Yield Up To 13.4% — And Wall Street Sees Major Upside In ThemMay 2, 2023 | finance.yahoo.comFirstEnergy Donates, Plants Nearly 700 Trees in Mercer County to Celebrate Earth and Arbor DaysMay 2, 2023 | americanbankingnews.comFirstEnergy Corp. (FE) To Go Ex-Dividend on May 4thSee More Headlines FE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FE Company Calendar Last Earnings4/28/2023Ex-Dividend for 6/1 Dividend5/04/2023Today6/01/2023Dividend Payable6/01/2023Next Earnings (Estimated)7/25/2023Fiscal 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$43.00 High Stock Price Forecast$48.00 Low Stock Price Forecast$39.00 Forecasted Upside/Downside+15.8%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.71 Trailing P/E Ratio52.30 Forward P/E Ratio14.85 P/E Growth2.29Net Income$406 million Net Margins3.23% Pretax Margin11.56% Return on Equity12.60% Return on Assets3.03% Debt Debt-to-Equity Ratio2.06 Current Ratio0.68 Quick Ratio0.55 Sales & Book Value Annual Sales$12.46 billion Price / Sales1.71 Cash Flow$4.72 per share Price / Cash Flow7.86 Book Value$18.73 per share Price / Book1.98Miscellaneous Outstanding Shares572,840,000Free Float572,379,000Market Cap$21.27 billion OptionableOptionable Beta0.44 Social Links Key ExecutivesJohn W. SomerhalderChairman, President & Chief Executive OfficerK. Jon TaylorChief Financial Officer & Senior Vice PresidentErnest N. MaleyChief Information Officer & Vice PresidentAntonio FernándezVice President, Chief Ethics & Compliance OfficerChristine L. WalkerChief Human Resources Officer & Senior VPKey CompetitorsEntergyNYSE:ETRPPLNYSE:PPLEversource EnergyNYSE:ESEdison InternationalNYSE:EIXPinnacle West CapitalNYSE:PNWView All CompetitorsInstitutional OwnershipProShare Advisors LLCBought 10,117 shares on 5/26/2023Ownership: 0.017%Toroso Investments LLCBought 494 shares on 5/23/2023Ownership: 0.001%Old North State Trust LLCSold 2,754 shares on 5/23/2023Ownership: 0.000%Arete Wealth Advisors LLCBought 11,810 shares on 5/22/2023Ownership: 0.002%Raleigh Capital Management Inc.Bought 522 shares on 5/22/2023Ownership: 0.001%View All Institutional Transactions FE Stock - Frequently Asked Questions Should I buy or sell FirstEnergy stock right now? 8 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 3 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? 8 equities research analysts have issued 12 month target prices for FirstEnergy's stock. Their FE share price forecasts range from $39.00 to $48.00. On average, they anticipate the company's stock price to reach $43.00 in the next year. This suggests a possible upside of 15.8% 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 beginning of 2023. Since then, FE shares have decreased by 11.5% and is now trading at $37.13. View the best growth stocks for 2023 here. Are investors shorting FirstEnergy? FirstEnergy saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,280,000 shares, an increase of 110.8% from the April 30th total of 5,350,000 shares. Based on an average daily volume of 3,980,000 shares, the days-to-cover ratio is presently 2.8 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, July 25th 2023. View our FE earnings forecast. How were FirstEnergy's earnings last quarter? FirstEnergy Corp. (NYSE:FE) announced its quarterly earnings results on Friday, April, 28th. The utilities provider reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.61 by $0.01. The utilities provider earned $3.20 billion during the quarter, compared to analysts' expectations of $3.04 billion. FirstEnergy had a net margin of 3.23% and a trailing twelve-month return on equity of 12.60%. The firm's revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 earnings per share. Read the conference call transcript. How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy? FirstEnergy declared 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 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Thursday, May 4th. 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 Timothy Plan Market Neutral ETF (TPMN), TrueShares Low Volatility Equity Income ETF (DIVZ), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Utilities Select Sector SPDR Fund (XLU), AAM S&P 500 High Dividend Value ETF (SPDV), Vanguard Utilities ETF (VPU), Invesco DWA Utilities Momentum ETF (PUI) and Fidelity MSCI Utilities Index ETF (FUTY). 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 4.22%. FE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 58.87% 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 Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $2.44-$2.64 for the period, compared to the consensus earnings per share estimate of $2.53. 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." Who are FirstEnergy's major shareholders? FirstEnergy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (7.51%), BlackRock Inc. (7.48%), Price T Rowe Associates Inc. MD (3.36%), Ameriprise Financial Inc. (2.05%), Boston Partners (2.02%) and Geode Capital Management LLC (2.01%). 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 $37.13. How much money does FirstEnergy make? FirstEnergy (NYSE:FE) has a market capitalization of $21.27 billion and generates $12.46 billion in revenue each year. The utilities provider earns $406 million in net income (profit) each year or $0.71 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 6/1/2023 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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