FirstEnergy Corp. Company Profile (NYSE:FE)

About FirstEnergy Corp. (NYSE:FE)

FirstEnergy Corp. logoFirstEnergy Corp. is a holding company. The Company is engaged in holding, directly or indirectly, all of the outstanding equity of its principal subsidiaries. Its segments include Regulated Distribution, Regulated Transmission, Competitive Energy Services (CES) and Corporate/Other. As of December 31, 2016, the Regulated Distribution segment distributed electricity through the Company's 10 utility operating companies, serving approximately six million customers, and purchased power for its provider of last resort (POLR), standard offer service (SOS), standard offer service (SSO) and default service requirements in Ohio, Pennsylvania, New Jersey and Maryland. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by American Transmission Systems, Incorporated (ATSI) and Trans-Allegheny Interstate Line Company (TrAIL). The CES segment primarily supplies electricity to end use customers through retail and wholesale arrangements.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:FE
  • CUSIP: 33793210
  • Web:
  • Market Cap: $12.83 billion
  • Outstanding Shares: 443,740,000
Average Prices:
  • 50 Day Moving Avg: $29.79
  • 200 Day Moving Avg: $30.80
  • 52 Week Range: $27.93 - $36.60
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.61
  • P/E Growth: -1.42
Sales & Book Value:
  • Annual Revenue: $13.85 billion
  • Price / Sales: 0.93
  • Book Value: $13.84 per share
  • Price / Book: 2.09
  • Annual Dividend: $1.44
  • Dividend Yield: 5.1%
  • EBIDTA: $3.85 billion
  • Net Margins: -4.12%
  • Return on Equity: 10.06%
  • Return on Assets: 2.31%
  • Debt-to-Equity Ratio: 1.61%
  • Current Ratio: 0.49%
  • Quick Ratio: 0.39%
  • Average Volume: 4.32 million shs.
  • Beta: 0.15
  • Short Ratio: 2.25

Frequently Asked Questions for FirstEnergy Corp. (NYSE:FE)

What is FirstEnergy Corp.'s stock symbol?

FirstEnergy Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "FE."

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

FirstEnergy Corp. announced a quarterly dividend on Tuesday, March 21st. Shareholders of record on Friday, May 5th will be given a dividend of $0.36 per share on Thursday, June 1st. This represents a $1.44 annualized dividend and a yield of 4.98%. The ex-dividend date of this dividend is Wednesday, May 3rd. View FirstEnergy Corp.'s Dividend History.

How were FirstEnergy Corp.'s earnings last quarter?

FirstEnergy Corp. (NYSE:FE) issued its quarterly earnings results on Thursday, April, 27th. The company reported $0.78 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.71 by $0.07. The company earned $3.60 billion during the quarter, compared to the consensus estimate of $3.64 billion. FirstEnergy Corp. had a negative net margin of 4.12% and a positive return on equity of 10.06%. The company's revenue was down 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.80 earnings per share. View FirstEnergy Corp.'s Earnings History.

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

FirstEnergy Corp. updated its FY17 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $2.70-3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.77. FirstEnergy Corp. also updated its Q2 guidance to $0.55-0.65 EPS.

Where is FirstEnergy Corp.'s stock going? Where will FirstEnergy Corp.'s stock price be in 2017?

13 brokers have issued 1 year target prices for FirstEnergy Corp.'s stock. Their predictions range from $31.00 to $40.00. On average, they anticipate FirstEnergy Corp.'s share price to reach $34.43 in the next twelve months. View Analyst Ratings for FirstEnergy Corp..

What are analysts saying about FirstEnergy Corp. stock?

Here are some recent quotes from research analysts about FirstEnergy Corp. stock:

  • 1. Goldman Sachs Group Inc analysts commented, "Following significant underperformance, with FE ' versus the XLU ' down 10%/19%/27% over the last 6, 12 and 24 months, we upgrade FE to Buy given (1) an attractive relative valuation on a sum of the parts basis ' even after assuming a drag related to the non-regulated or competitive segment, and (2) potential positive catalysts which highlight the value of the core regulated segments. We recognize challenges exist for FE's merchant power segment. But with FE discussing restructuring options, based on EIX's experience in 2012-2014, we view a potential resolution as a positive catalyst, driving an SOTP implied total return of 14% vs. 2% for peers under coverage." (3/23/2017)
  • 2. Jefferies Group LLC analysts commented, "FE reported in-line quarterly estimates and, keeping with their plan to become a regulated utility, took a $9.2B charge associated with the write-down of their competitive assets. While we believe management will be successful in transitioning the company we struggle to see the stock achieving a "regulatedtype" valuation during this period and maintain our Hold rating." (2/23/2017)
  • 3. According to Zacks Investment Research, "FirstEnergy’s broadening regulated base and growth in transmission business are expected to boost earnings. FirstEnergy’s modernization drive will boost the company’s service reliability and lead to customer retention.This has led to its ambitious “Energizing the Future” plan aimed at upgrading and expanding its transmission capabilities. The company expects to generate positive cash flows through 2018. However, stringent regulatory norms and intensifying competition are some of the headwinds. A higher debt/capital ratio compared with peers and a negative outlook by rating agency may drive its cost of capital. The current rate of return from the company’s share is lower compared with the return from the broader industry in the last twelve months." (12/19/2016)
  • 4. Bank of America Corp analysts commented, "With new CEO Chuck Jones at the helm, the company appears poised to discuss initiatives that could reduce operating expenses," said the analysts, noting the company spends roughly $2.6 billion in fuel/commodity purchases, operating expenses and corporate spending.Related Link: Morgan Stanley Upgrades FirstEnergy To Overweight They believe FirstEnergy will aim to reduce this by roughly 5–10 percent over the next one to two years, with most of this from the competitive side."We find FirstEnergy's focus on balance sheet repair, deregulated stabilization, and regulated growth to be a welcome shift. Prior utilities shifting from deregulation (Dominion, Duke, AEP to name a few) have tended to see boosted relative valuations and improved financials since the last recession," (8/8/2016)

Who are some of FirstEnergy Corp.'s key competitors?

Who owns FirstEnergy Corp. stock?

FirstEnergy Corp.'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.73%), Vanguard Group Inc. (8.12%), State Street Corp (7.74%), LSV Asset Management (3.17%), Bank of New York Mellon Corp (2.44%) and Renaissance Technologies LLC (1.38%). Company insiders that own FirstEnergy Corp. stock include Charles D Lasky, Donald R Schneider and Steven E Strah. View Institutional Ownership Trends for FirstEnergy Corp..

Who sold FirstEnergy Corp. stock? Who is selling FirstEnergy Corp. stock?

FirstEnergy Corp.'s stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, AQR Capital Management LLC, Parametric Portfolio Associates LLC, Great West Life Assurance Co. Can, Wells Fargo & Company MN, Renaissance Technologies LLC, TIAA CREF Investment Management LLC and Westpac Banking Corp. Company insiders that have sold FirstEnergy Corp. stock in the last year include Charles D Lasky and Donald R Schneider. View Insider Buying and Selling for FirstEnergy Corp..

Who bought FirstEnergy Corp. stock? Who is buying FirstEnergy Corp. stock?

FirstEnergy Corp.'s stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Vanguard Group Inc., Prudential Financial Inc., Bank of America Corp DE, LSV Asset Management, Cibc World Markets Corp and American Century Companies Inc.. View Insider Buying and Selling for FirstEnergy Corp..

How do I buy FirstEnergy Corp. stock?

Shares of FirstEnergy Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of FirstEnergy Corp. stock cost?

One share of FirstEnergy Corp. stock can currently be purchased for approximately $28.92.

Analyst Ratings

Consensus Ratings for FirstEnergy Corp. (NYSE:FE) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.31)
Consensus Price Target: $34.43 (19.04% upside)

Analysts' Ratings History for FirstEnergy Corp. (NYSE:FE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/8/2017Morgan StanleyLower Price TargetOverweight$40.00 -> $39.00LowView Rating Details
5/1/2017Jefferies Group LLCLower Price TargetHold$32.00 -> $31.00LowView Rating Details
5/1/2017JPMorgan Chase & Co.DowngradeOverweight -> Neutral$36.00 -> $32.00MediumView Rating Details
5/1/2017Barclays PLCUpgradeEqual Weight -> Overweight$38.00 -> $36.00MediumView Rating Details
4/22/2017Citigroup IncReiterated RatingNeutral$32.00 -> $34.00LowView Rating Details
4/19/2017MizuhoReiterated RatingNeutral$31.25LowView Rating Details
3/23/2017Goldman Sachs Group IncUpgradeNeutral -> Buy$34.00LowView Rating Details
1/10/2017Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
1/4/2017Royal Bank of CanadaSet Price TargetHold$33.00N/AView Rating Details
12/20/2016Deutsche Bank AGDowngradeBuy -> Hold$38.00 -> $34.00N/AView Rating Details
10/19/2016Tudor PickeringDowngradeHold -> SellN/AView Rating Details
10/18/2016Evercore ISIUpgradeHold -> BuyN/AView Rating Details
8/8/2016Bank of America CorpUpgradeNeutral -> Buy$41.00 -> $40.00N/AView Rating Details
5/20/2016BMO Capital MarketsReiterated RatingHold$35.00N/AView Rating Details
4/28/2016Wolfe ResearchDowngradeMarket Perform -> UnderperformN/AView Rating Details
3/28/2016MacquarieLower Price TargetOutperform$40.00 -> $36.50N/AView Rating Details
12/3/2015GuggenheimUpgradeNeutral -> Buy$39.00N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for FirstEnergy Corp. (NYSE:FE)
Earnings by Quarter for FirstEnergy Corp. (NYSE:FE)
Earnings History by Quarter for FirstEnergy Corp. (NYSE:FE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017$0.71$0.78$3.64 billion$3.60 billionViewN/AView Earnings Details
2/21/2017Q416$0.40$0.38$3.82 billion$3.40 billionViewN/AView Earnings Details
11/4/2016Q316$0.76$0.90$3.83 billion$3.92 billionViewN/AView Earnings Details
7/28/2016Q216$0.54$0.56$3.38 billion$3.40 billionViewN/AView Earnings Details
4/26/2016Q116$0.75$0.80$3.86 billion$3.90 billionViewN/AView Earnings Details
2/16/2016Q415$0.57$0.58$3.92 billion$3.54 billionViewListenView Earnings Details
10/29/2015Q315$0.88$0.98$3.99 billion$4.10 billionViewListenView Earnings Details
7/30/2015Q215$0.48$0.53$3.31 billion$3.50 billionViewListenView Earnings Details
5/1/2015Q115$0.52$0.62$3.67 billion$3.90 billionViewN/AView Earnings Details
2/17/2015Q414$0.76$0.80$4.29 billion$3.50 billionViewN/AView Earnings Details
11/4/2014Q314$0.88$0.89$4.12 billion$3.90 billionViewN/AView Earnings Details
8/5/2014Q214$0.45$0.48$3.32 billion$3.50 billionViewN/AView Earnings Details
5/6/2014Q114$0.41$0.39$3.26 billion$4.19 billionViewN/AView Earnings Details
2/25/2014Q413$0.69$0.75$4.28 billionViewN/AView Earnings Details
11/5/2013Q313$0.92$0.94$4.30 billionViewN/AView Earnings Details
8/6/2013Q2 2013$0.54$0.59$3.61 billionViewListenView Earnings Details
5/7/2013Q1 2013$0.67$0.76$3.66 billionViewListenView Earnings Details
2/25/2013Q4 2012$0.80$0.80$4.60 billionViewListenView Earnings Details
11/8/2012Q312$1.07$1.11$4.66 billionViewN/AView Earnings Details
8/7/2012$0.65$0.59ViewN/AView Earnings Details
5/1/2012$0.80$0.82ViewN/AView Earnings Details
2/28/2012$0.85$0.77ViewN/AView Earnings Details
11/1/2011$1.22$1.34ViewN/AView Earnings Details
8/2/2011$0.71$0.65ViewN/AView Earnings Details
5/2/2011$0.74$0.69ViewN/AView Earnings Details
2/16/2011$0.76$0.71ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for FirstEnergy Corp. (NYSE:FE)
2017 EPS Consensus Estimate: $2.71
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.70$0.72$0.71
Q2 20171$0.60$0.60$0.60
Q3 20171$0.90$0.90$0.90
Q4 20171$0.50$0.50$0.50
(Data provided by Zacks Investment Research)


Current Dividend Information for FirstEnergy Corp. (NYSE:FE)
Next Dividend:6/1/2017
Annual Dividend:$1.44
Dividend Yield:4.98%
Dividend Growth:-13.20% (3 Year Average)
Payout Ratio:-100.70% (Trailing 12 Months of Earnings)
51.43% (Based on This Year's Estimates)
57.83% (Based on Next Year's Estimates)
Dividend Payments by Quarter for FirstEnergy Corp. (NYSE:FE)

Dividend History by Quarter for FirstEnergy Corp. (NYSE:FE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for FirstEnergy Corp. (NYSE:FE)
Insider Ownership Percentage: 0.20%
Institutional Ownership Percentage: 74.16%
Insider Trades by Quarter for FirstEnergy Corp. (NYSE:FE)
Institutional Ownership by Quarter for FirstEnergy Corp. (NYSE:FE)
Insider Trades by Quarter for FirstEnergy Corp. (NYSE:FE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/20/2016Charles D LaskySVPSell5,149$31.36$161,472.64View SEC Filing  
12/20/2016Donald R SchneiderInsiderSell6,525$31.36$204,624.00View SEC Filing  
3/14/2016Steven E StrahSVPBuy560$35.59$19,930.40View SEC Filing  
5/4/2015Anthony J AlexanderChairmanSell54,436$36.85$2,005,966.60View SEC Filing  
2/26/2015Bennett L GainesSVPSell5,400$35.78$193,212.00View SEC Filing  
12/26/2014Lynnette M CavalierVPSell10,000$40.00$400,000.00View SEC Filing  
12/11/2014Lynnette M CavalierVPSell7,500$38.00$285,000.00View SEC Filing  
10/9/2014Lynnette M CavalierVPSell5,000$35.00$175,000.00View SEC Filing  
8/13/2014Bennett L GainesSVPSell5,400$32.25$174,150.00View SEC Filing  
5/29/2014Donald R SchneiderInsiderSell13,264$33.48$444,078.72View SEC Filing  
5/15/2014Charles JonesEVPSell14,010$32.28$452,242.80View SEC Filing  
3/12/2014Michael DowlingSVPSell4,379$30.80$134,873.20View SEC Filing  
8/5/2013Lynnette CavalierVPSell12,838$37.34$479,370.92View SEC Filing  
6/28/2013Charles E JonesSVPSell2,000$37.11$74,220.00View SEC Filing  
8/22/2012James H LashInsiderSell13,925$45.68$636,094.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for FirstEnergy Corp. (NYSE:FE)
Latest Headlines for FirstEnergy Corp. (NYSE:FE)
DateHeadline logoMon Power Project Reroutes Transmission Lines from Decommissioned Willow Island Power Plant in Pleasants County - May 25 at 7:18 PM logoEnergy-Efficient Products Program Available to Residential Customers of ... - May 22 at 4:49 PM logoEnergy-Efficient Products Program Available to Residential Customers of FirstEnergy's Ohio Utilities - May 22 at 4:49 PM logoBeaver Valley Power Station Unit 2 Returns to Service Following Refueling and Maintenance Outage - May 22 at 11:32 AM logoOhio House sidelines bailout of 2 FirstEnergy nuclear plants - May 19 at 4:57 PM logoFirstEnergy Adds Substation, Fortifies Ohio Infrastructure - May 19 at 6:34 AM logoFirstEnergy Receives Tree Care Award from National Arbor Day Foundation for ... - May 18 at 10:13 AM logoPost Earnings Coverage as Consolidated Edison's Revenue Improved; GAAP EPS Jumped 21% - May 18 at 10:13 AM logoFirstEnergy Receives Tree Care Award from National Arbor Day Foundation for 19th Consecutive Year - May 18 at 10:13 AM logoNew Ohio Edison Substation Enhances Service Reliability for Customers in West ... - May 17 at 5:11 PM logoFirst Energy CEO urges help for nuclear plants - May 17 at 10:41 AM logoNew Ohio Edison Substation Enhances Service Reliability for Customers in West Jefferson Area - May 17 at 10:41 AM logoIs FirstEnergy (FE) a Great Stock for Value Investors? - May 17 at 10:41 AM logoFirstEnergy CEO Jones Addresses Shareholders - May 16 at 11:45 AM logoETFs with exposure to FirstEnergy Corp. : May 15, 2017 - May 15 at 4:51 PM logoPotomac Edison Adds New Line and Substation Employees from Power Systems Institute Training Program - PR Newswire (press release) - May 13 at 7:42 AM logoPotomac Edison Adds New Line and Substation Employees from Power Systems Institute Training Program - May 12 at 5:45 PM logoJCP&L Completes Projects to Protect Ospreys in New Jersey - May 10 at 5:19 PM logoToday's Research on Top Power Companies: First Energy and Duke Energy - May 10 at 9:09 AM logoAmerican Transmission Systems, Incorporated -- Moody's assigns Baa1 issuer rating to Mid-Atlantic Interstate Transmission LLC; upgrades FirstEnergy Transmission and American Transmission Systems Inc - May 9 at 5:04 PM logoFirstEnergy Corp.'s (FE) Overweight Rating Reaffirmed at Morgan Stanley - May 8 at 1:20 PM logoFirstEnergy (FE) Shares Enter Oversold Territory - May 4 at 5:18 PM logoBowling alleys among dozens of groups against FirstEnergy's nuke plans - May 4 at 5:18 PM logoFirstEnergy Corp. (FE) Earns Daily Media Impact Score of 0.34 - May 4 at 1:08 PM logoFE Dividend Yield Pushes Past 5% - May 3 at 4:59 PM logoETFs with exposure to FirstEnergy Corp. : May 2, 2017 - May 2 at 7:17 PM logoFirstEnergy Corp. (FE) Given Average Rating of "Hold" by Brokerages - May 2 at 9:58 AM logoFirstEnergy Corp. (FE) Expected to Earn Q2 2017 Earnings of $0.60 Per Share - May 2 at 8:38 AM logoFirstEnergy Corp. (FE) Receiving Favorable Media Coverage, Analysis Shows - May 1 at 5:04 PM logoFirstEnergy Corp. :FE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017 - May 1 at 5:00 PM logoFirstEnergy Corp. (FE) Rating Reiterated by Jefferies Group LLC - May 1 at 1:40 PM logoFirstEnergy Corp. (FE) Downgraded to Outperform at Evercore ISI - May 1 at 10:28 AM logoFirstEnergy looking for U.S. help to save its power plants - Seeking Alpha - April 29 at 9:50 AM logoFirstEnergy Corp. (FE) Receives News Sentiment Rating of 0.21 - April 29 at 12:20 AM logoFirstEnergy Corp. (FE) Issues FY17 Earnings Guidance - April 28 at 11:46 PM logoFirstEnergy Corp. (FE) Updates Q2 Earnings Guidance - April 28 at 11:46 PM logoEdited Transcript of FE earnings conference call or presentation 28-Apr-17 2:00pm GMT - April 28 at 11:14 PM logoFirstEnergy (FE) Q1 2017 Results - Earnings Call Transcript - April 28 at 6:14 PM logoFirstEnergy (FE) Q1 Earnings Beat, Revenues Miss Estimates - April 28 at 6:14 PM logoFirstEnergy Corp. (FE) Releases Earnings Results, Beats Expectations By $0.06 EPS - April 27 at 11:18 PM logoEARNINGS SUMMARY: Details of FirstEnergy Corp. Q1 Earnings Report - April 27 at 10:47 PM logo[$$] FirstEnergy Strikes $109 Million Deal in Railroad Dispute - April 27 at 5:45 PM logoFirstEnergy Announces First Quarter 2017 Results - April 27 at 5:45 PM logoFirstEnergy beats 1Q profit forecasts - April 27 at 5:45 PM logoCoal-Heavy Utilities Are Changing Course As The New Energy Economy Unfolds - April 26 at 8:14 PM logoFirstEnergy pushes for rate hike to help Ohio nuclear plants - April 26 at 8:14 PM logoSomewhat Favorable Media Coverage Likely to Impact FirstEnergy Corp. (FE) Stock Price - April 25 at 8:30 PM logoWhat's in the Cards for FirstEnergy (FE) in Q1 Earnings? - April 25 at 11:25 AM logoDo FirstEnergy’s Chart Indicators Hint at More Weakness Ahead? - April 25 at 11:25 AM logoBeaver Valley Power Station Unit 2 Begins Refueling and Maintenance Outage - April 25 at 11:25 AM



FirstEnergy Corp. (FE) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff