FirstEnergy Stock Price, News & Analysis (NYSE:FE) $37.46 +0.41 (+1.11%) (As of 12/6/2023 ET) Add Compare Share Share Today's Range$36.87▼$37.4850-Day Range$32.60▼$37.6752-Week Range$32.18▼$43.31Volume3.53 million shsAverage Volume3.67 million shsMarket Capitalization$21.50 billionP/E Ratio46.83Dividend Yield4.38%Price Target$40.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability FirstEnergy MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside6.8% Upside$40.00 Price TargetShort InterestHealthy1.84% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.52Upright™ Environmental ScoreNews Sentiment0.38Based on 23 Articles This WeekInsider TradingSelling Shares$469,750 Sold Last QuarterProj. Earnings Growth5.12%From $2.54 to $2.67 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.1.90 out of 5 starsUtilities Sector66th out of 85 stocksElectric Services Industry29th out of 36 stocks 1.2 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 $40.00, FirstEnergy has a forecasted upside of 6.8% from its current price of $37.46.Amount of Analyst CoverageFirstEnergy has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.84% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FirstEnergy has recently decreased by 2.94%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipFirstEnergy is a leading dividend payer. It pays a dividend yield of 4.39%, 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 205.00%. 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 61.42% 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 2.4 News and Social Media Coverage News SentimentFirstEnergy has a news sentiment score of 0.38. 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 lower news sentiment than the 0.56 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 23 news articles for FirstEnergy this week, compared to 7 articles on an average week.Search InterestOnly 3 people have searched for FE on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows5 people have added FirstEnergy to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FirstEnergy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $469,750.00 in 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 5.12% in the coming year, from $2.54 to $2.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FirstEnergy is 46.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.14.Price to Earnings Ratio vs. SectorThe P/E ratio of FirstEnergy is 46.83, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 105.15.Price to Book Value per Share RatioFirstEnergy has a P/B Ratio of 2.01. 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 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.Read More FE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FE Stock News HeadlinesDecember 5, 2023 | investing.comFirstEnergy stock dips amid broader market downturnDecember 5, 2023 | msn.comLarry Householder, Sam Randazzo have been prosecuted for accepting bribes. What about the FirstEnergy execs who paid them?December 7, 2023 | Edge On The Street (Ad)Energy Storage Trend Ignites Frenzy Over Vanadium SupplyAs 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.December 4, 2023 | finance.yahoo.comMon Power and Potomac Edison Reach Settlement Agreements for Tree-Trimming and Fuel CostsDecember 4, 2023 | finance.yahoo.comJCP&L Proposes Expansion of Energy Efficiency OfferingsDecember 4, 2023 | finance.yahoo.comFormer top Ohio utility regulator surrenders in $60 million bribery scheme linked to energy billDecember 3, 2023 | finance.yahoo.comFirstEnergy Corp. (NYSE:FE) is favoured by institutional owners who hold 78% of the companyDecember 2, 2023 | americanbankingnews.comQ4 2023 EPS Estimates for FirstEnergy Corp. (NYSE:FE) Reduced by AnalystDecember 7, 2023 | Edge On The Street (Ad)Energy Storage Trend Ignites Frenzy Over Vanadium SupplyAs 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.December 1, 2023 | msn.comFeds move to claim another $6.5 million from FirstEnergy over bribery schemeDecember 1, 2023 | americanbankingnews.comChristine Walker Sells 12,500 Shares of FirstEnergy Corp. (NYSE:FE) StockDecember 1, 2023 | americanbankingnews.comFY2023 Earnings Forecast for FirstEnergy Corp. (NYSE:FE) Issued By KeyCorpNovember 30, 2023 | finance.yahoo.comTips to Avoid Utility Scams During the Winter Holiday SeasonNovember 29, 2023 | foxnews.comOhio governor, lieutenant governor ordered to appear in court in connection to FirstEnergy bribery scandalNovember 28, 2023 | msn.comHusted to be deposed, DeWine subpoenaed in lawsuit over FirstEnergy bribery schemeNovember 28, 2023 | finance.yahoo.comFairmont Community Teams Up to Collect Plastic Waste and Promote SustainabilityNovember 18, 2023 | finance.yahoo.com20 Countries With the Cheapest Electricity in the WorldNovember 16, 2023 | finance.yahoo.comA Look At The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)November 14, 2023 | finance.yahoo.comCapital World Investors Bolsters Stake in FirstEnergy CorpNovember 12, 2023 | msn.comFirstEnergy's JCP&L Unveils $935 Million Infrastructure Upgrade Plan "EnergizeNJ" for New Jersey Electric SystemNovember 9, 2023 | finance.yahoo.comJCP&L Unveils Largest-Ever Infrastructure Upgrade Investment Plan to Modernize New Jersey Electric GridNovember 7, 2023 | finance.yahoo.comFirstEnergy Corp.: Maintaining HOLD with first dividend hike since 1Q20November 7, 2023 | seekingalpha.comFirstEnergy: Continuing To Deliver On The ThesisNovember 6, 2023 | finance.yahoo.comTransmission Line Upgrades to Enhance Electric Service Reliability in Preston CountyNovember 6, 2023 | finance.yahoo.comFirstEnergy Corp's Dividend AnalysisNovember 2, 2023 | finance.yahoo.comHoliday Spirit Comes Alive in Elkins with Help from Mon PowerNovember 2, 2023 | finanznachrichten.deFirstEnergy Corp.: FirstEnergy Announces Third Quarter 2023 Financial ResultsSee 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 Company Calendar Last Earnings10/27/2023Ex-Dividend for 11/7 Dividend11/06/2023Dividend Payable11/07/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/12/2024Get 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 Target$40.00 High Stock Price Target$45.00 Low Stock Price Target$35.00 Potential Upside/Downside+6.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.80 Trailing P/E Ratio46.83 Forward P/E Ratio14.75 P/E GrowthN/ANet Income$406 million Net Margins4.06% Pretax Margin12.22% Return on Equity12.93% Return on Assets2.99% Debt Debt-to-Equity Ratio2.09 Current Ratio0.53 Quick Ratio0.43 Sales & Book Value Annual Sales$12.90 billion Price / Sales1.67 Cash Flow$4.72 per share Price / Cash Flow7.93 Book Value$18.61 per share Price / Book2.01Miscellaneous Outstanding Shares573,815,000Free Float573,356,000Market Cap$21.50 billion OptionableOptionable Beta0.47 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. K. Jon Taylor (Age 49)Senior VP of Strategy & CFO Comp: $1.48MMr. Hyun Park (Age 62)Senior VP & Chief Legal Officer Comp: $1.3MMs. Christine L. Walker (Age 58)Senior VP of Corporate Services & Chief Human Resources Officer Comp: $763.48kMr. Brian X. Tierney (Age 55)CEO, President & Director Mr. Mark Mroczynski P.E.Acting Vice President of OperationsMr. Jason J. Lisowski (Age 42)VP, Controller & Chief Accounting Officer Mr. Ernest N. MaleyVP & Chief Information OfficerMs. Irene M. Prezelj (Age 56)Vice President of Investor Relations & Communications Mr. Antonio FernandezVP and Chief Ethics & Compliance OfficerMs. Gretchan SekulichVice President of Communications & MarketingMore ExecutivesKey CompetitorsEntergyNYSE:ETREversource EnergyNYSE:ESPPLNYSE:PPLEdison InternationalNYSE:EIXOGE EnergyNYSE:OGEView All CompetitorsInsiders & InstitutionsCitigroup Inc.Bought 218,439 shares on 12/6/2023Ownership: 0.177%Wellington Management Group LLPSold 2,549,338 shares on 12/1/2023Ownership: 0.472%B. Riley Wealth Advisors Inc.Bought 339 shares on 12/1/2023Ownership: 0.005%American Century Companies Inc.Sold 100,702 shares on 11/30/2023Ownership: 0.073%Christine WalkerSold 12,500 sharesTotal: $469,750.00 ($37.58/share)View All Insider TransactionsView All Institutional Transactions 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 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). 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 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. 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