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, January 17th. Stockholders of record on Tuesday, February 7th will be given a dividend of $0.36 per share on Wednesday, March 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date is Friday, February 3rd.
Where is FirstEnergy Corp.'s stock going? Where will FirstEnergy Corp.'s stock price be in 2017?
16 brokerages have issued twelve-month price objectives for FirstEnergy Corp.'s shares. Their forecasts range from $31.00 to $41.00. On average, they expect FirstEnergy Corp.'s share price to reach $35.27 in the next twelve months.
When will FirstEnergy Corp. announce their earnings?
FirstEnergy Corp. is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.
What are analysts saying about FirstEnergy Corp. stock?
Here are some recent quotes from research analysts about FirstEnergy Corp. stock:
- 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)
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)
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 owns FirstEnergy Corp. stock?
FirstEnergy Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (10.10%), AQR Capital Management LLC (2.04%), Renaissance Technologies LLC (1.58%), FMR LLC (1.32%), Franklin Resources Inc. (1.24%) and Thompson Siegel & Walmsley LLC (0.90%). Company insiders that own FirstEnergy Corp. stock include Anthony J Alexander, Bennett L Gaines, Charles D Lasky, Donald R Schneider and Steven E Strah.
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 AQR Capital Management LLC, Federated Investors Inc. PA, Janus Capital Management LLC, Hanlon Investment Management Inc., Allianz Asset Management AG, Opus Investment Management Inc., New York State Teachers Retirement System and Baird Financial Group Inc.. Company insiders that have sold FirstEnergy Corp. stock in the last year include Charles D Lasky and Donald R Schneider.
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 State Street Corp, Thompson Siegel & Walmsley LLC, Numeric Investors LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Renaissance Technologies LLC, Asset Management One Co. Ltd., FMR LLC and Russell Investments Group Ltd..
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 $30.79.