FirstEnergy Corporation Company Profile (NYSE:FE)

About FirstEnergy Corporation (NYSE:FE)

FirstEnergy Corporation 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: $14.28 billion
  • Outstanding Shares: 444,304,000
Average Prices:
  • 50 Day Moving Avg: $31.59
  • 200 Day Moving Avg: $30.71
  • 52 Week Range: $27.93 - $34.83
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.75
  • P/E Growth: -1.98
Sales & Book Value:
  • Annual Revenue: $13.76 billion
  • Price / Sales: 1.04
  • Book Value: $14.22 per share
  • Price / Book: 2.26
  • Annual Dividend: $1.44
  • Dividend Yield: 4.5%
  • EBITDA: $3.96 billion
  • Net Margins: -35.59%
  • Return on Equity: 15.41%
  • Return on Assets: 2.56%
  • Debt-to-Equity Ratio: 3.26%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.47%
  • Average Volume: 4.12 million shs.
  • Beta: 0.19
  • Short Ratio: 2.7

Frequently Asked Questions for FirstEnergy Corporation (NYSE:FE)

What is FirstEnergy Corporation's stock symbol?

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

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

FirstEnergy Corporation declared a quarterly dividend on Tuesday, September 19th. Investors of record on Tuesday, November 7th will be paid a dividend of $0.36 per share on Friday, December 1st. This represents a $1.44 annualized dividend and a yield of 4.48%. The ex-dividend date is Monday, November 6th. View FirstEnergy Corporation's Dividend History.

How were FirstEnergy Corporation's earnings last quarter?

FirstEnergy Corporation (NYSE:FE) released its quarterly earnings results on Thursday, July, 27th. The company reported $0.61 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.61. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.38 billion. FirstEnergy Corporation had a positive return on equity of 15.41% and a negative net margin of 35.59%. The business's revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.56 EPS. View FirstEnergy Corporation's Earnings History.

When will FirstEnergy Corporation make its next earnings announcement?

FirstEnergy Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for FirstEnergy Corporation.

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

FirstEnergy Corporation updated its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $2.70-3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.80. FirstEnergy Corporation also updated its Q3 guidance to $0.75-0.90 EPS.

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

14 brokers have issued 12-month target prices for FirstEnergy Corporation's shares. Their forecasts range from $31.25 to $40.00. On average, they expect FirstEnergy Corporation's stock price to reach $34.30 in the next twelve months. View Analyst Ratings for FirstEnergy Corporation.

What are analysts saying about FirstEnergy Corporation stock?

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

  • 1. According to Zacks Investment Research, "Shares of FirstEnergy's have gained higher than the industry in the last three months. FirstEnergy’s modernization drive and new generation asset additions have led to its ambitious “Energizing the Future” plan aimed at upgrading and expanding its transmission capabilities. FirstEnergy is also gaining from industrial load growth. The company is working to transform itself into a regulated company by mid of 2018. It has secured regulatory approvals for base rate increase in Pennsylvania, New Jersey and Ohio which are expected to boost its top line in 2017. However, FirstEnergy’s higher debt/capital ratio compared with peers may further drive up its cost of capital in the rising interest rate environment. High competition in the wholesale and retail electric markets can affect its top line. In addition, stringent regulatory norms, mild weather and intensifying competition are some of the headwinds." (9/26/2017)
  • 2. Goldman Sachs Group, Inc. (The) 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)
  • 3. 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)

Who are some of FirstEnergy Corporation's key competitors?

Who are FirstEnergy Corporation's key executives?

FirstEnergy Corporation's management team includes the folowing people:

  • Charles Edward Jones Jr., President, Chief Executive Officer, Director
  • James F. Pearson, Chief Financial Officer, Executive Vice President
  • Steven E. Strah, Senior Vice President
  • K. Jon Taylor, Chief Accounting Officer, Vice President, Controller
  • Ebony L. Yeboah-Amankwah, Vice President, Corporate Secretary
  • Yeboah Amankwah, Vice President - State and Federal Regulatory Legal Affairs
  • Leila L. Vespoli, Executive Vice President, Corporate Strategy, Regulatory Affairs and Chief Legal Officer
  • George M. Smart, Non-Executive Independent Chairman of the Board
  • Paul T. Addison, Independent Director
  • Michael J. Anderson CPA, Independent Director

Who owns FirstEnergy Corporation stock?

FirstEnergy Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (0.09%), Crow Point Partners LLC (0.07%), Robeco Institutional Asset Management B.V. (0.06%), Mutual of America Capital Management LLC (0.02%) and Shell Asset Management Co. (0.01%). Company insiders that own FirstEnergy Corporation stock include Charles D Lasky, Donald R Schneider, Donald T Misheff and Steven E Strah. View Institutional Ownership Trends for FirstEnergy Corporation.

Who sold FirstEnergy Corporation stock? Who is selling FirstEnergy Corporation stock?

FirstEnergy Corporation's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments and Robeco Institutional Asset Management B.V.. Company insiders that have sold FirstEnergy Corporation stock in the last year include Charles D Lasky and Donald R Schneider. View Insider Buying and Selling for FirstEnergy Corporation.

Who bought FirstEnergy Corporation stock? Who is buying FirstEnergy Corporation stock?

FirstEnergy Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Crow Point Partners LLC, Shell Asset Management Co. and Mutual of America Capital Management LLC. Company insiders that have bought FirstEnergy Corporation stock in the last two years include Donald T Misheff and Steven E Strah. View Insider Buying and Selling for FirstEnergy Corporation.

How do I buy FirstEnergy Corporation stock?

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

What is FirstEnergy Corporation's stock price today?

One share of FirstEnergy Corporation stock can currently be purchased for approximately $32.13.

MarketBeat Community Rating for FirstEnergy Corporation (NYSE FE)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  299 (Vote Outperform)
Underperform Votes:  543 (Vote Underperform)
Total Votes:  842
MarketBeat's community ratings are surveys of what our community members think about FirstEnergy Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for FirstEnergy Corporation (NYSE:FE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 10 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $34.30 (6.74% upside)
Consensus Price Target History for FirstEnergy Corporation (NYSE:FE)
Price Target History for FirstEnergy Corporation (NYSE:FE)
Analysts' Ratings History for FirstEnergy Corporation (NYSE:FE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017KeyCorpReiterated RatingHoldN/AView Rating Details
10/17/2017Citigroup Inc.Boost Price TargetNeutral$31.00 -> $34.00N/AView Rating Details
10/17/2017Deutsche Bank AGUpgradeHold -> BuyN/AView Rating Details
10/12/2017J P Morgan Chase & CoSet Price TargetHold$32.00 -> $34.00N/AView Rating Details
9/8/2017Morgan StanleyBoost Price TargetOverweight$39.00 -> $40.00LowView Rating Details
8/14/2017Evercore ISIUpgradeIn-Line -> Outperform$30.00 -> $35.00LowView Rating Details
7/31/2017Jefferies Group LLCReiterated RatingHold$31.00 -> $33.00LowView Rating Details
7/14/2017Tudor PickeringUpgradeTrim -> HoldMediumView Rating Details
6/26/2017Goldman Sachs Group, Inc. (The)DowngradePositive -> NeutralLowView Rating Details
6/26/2017Wolfe ResearchUpgradeUnderperform -> Market Perform$30.00 -> $32.00LowView Rating Details
6/19/2017Barclays PLCReiterated RatingOverweight$36.00 -> $37.00LowView Rating Details
4/19/2017MizuhoReiterated RatingNeutral$31.25LowView 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
8/8/2016Bank of America CorporationUpgradeNeutral -> Buy$41.00 -> $40.00N/AView Rating Details
5/20/2016BMO Capital MarketsReiterated RatingHold$35.00N/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 10/20/2015 forward)


Earnings History for FirstEnergy Corporation (NYSE:FE)
Earnings by Quarter for FirstEnergy Corporation (NYSE:FE)
Earnings History by Quarter for FirstEnergy Corporation (NYSE FE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.91N/AView Earnings Details
7/27/2017Q2 2017$0.61$0.61$3.38 billion$3.30 billionViewN/AView Earnings Details
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 Corporation (NYSE:FE)
2017 EPS Consensus Estimate: $2.74
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.70$0.72$0.71
Q2 20172$0.60$0.62$0.61
Q3 20172$0.85$0.86$0.86
Q4 20171$0.56$0.56$0.56
(Data provided by Zacks Investment Research)


Current Dividend Information for FirstEnergy Corporation (NYSE:FE)
Next Dividend:12/1/2017
Annual Dividend:$1.44
Dividend Yield:4.48%
Dividend Growth:-13.20% (3 Year Average)
Payout Ratio:-12.31% (Trailing 12 Months of Earnings)
51.06% (Based on This Year's Estimates)
57.14% (Based on Next Year's Estimates)
Dividend Payments by Quarter for FirstEnergy Corporation (NYSE:FE)

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

Insider Trades

Insider Trading and Institutional Ownership History for FirstEnergy Corporation (NYSE:FE)
Insider Ownership Percentage: 0.29%
Institutional Ownership Percentage: 80.02%
Insider Trades by Quarter for FirstEnergy Corporation (NYSE:FE)
Institutional Ownership by Quarter for FirstEnergy Corporation (NYSE:FE)
Insider Trades by Quarter for FirstEnergy Corporation (NYSE:FE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/11/2017Donald T MisheffDirectorBuy100$32.53$3,253.00View SEC Filing  
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 Corporation (NYSE:FE)
Latest Headlines for FirstEnergy Corporation (NYSE:FE)
DateHeadline logoFirstEnergy Corporation Expected to Post Q3 2017 Earnings of $0.86 Per Share (FE) - October 20 at 8:33 AM logoFirstEnergy's Unit Working on $15M Power Upgrade Projects - October 19 at 7:24 PM logoFirstEnergy to Webcast Third Quarter Earnings Teleconference - October 19 at 7:24 PM logoFirstEnergy Corporation (FE) Set to Announce Earnings on Thursday - October 19 at 3:34 AM logoJCP&L Partners with Crystal Springs Resort and New Jersey Audubon to Enhance Bee, Butterfly and Bird Habitat - October 19 at 1:03 AM logoMon Power to Upgrade Transmission Substation in Tucker County, W.Va. to Connect Green Energy to Regional Grid - PR Newswire (press release) - October 18 at 8:01 PM logoDeutsche Bank Upgrades FirstEnergy Corp. (FE) to Buy - - October 18 at 12:23 AM logoCitigroup Inc. Boosts FirstEnergy Corporation (FE) Price Target to $34.00 - October 17 at 7:40 PM logoDeutsche Bank Upgrades FirstEnergy Corp. (FE) to Buy - October 17 at 7:21 PM logoService Reliability Work Underway at Penn Power to Enhance Line and Substation Equipment - October 17 at 7:21 PM logoFirstEnergy Corporation (FE) Stock Rating Upgraded by Deutsche Bank AG - October 17 at 10:08 AM logoFirstEnergy Corp. – Value Analysis (NYSE:FE) : October 16, 2017 - October 16 at 7:00 PM logoFirstEnergy Corporation (FE) Given a $34.00 Price Target at J P Morgan Chase & Co - October 14 at 10:46 PM logoFirstEnergy Corp. breached its 50 day moving average in a Bullish Manner : FE-US : October 13, 2017 - October 13 at 4:13 PM logoJCP&L Reminds Customers Assistance and Service Programs are Available to Help Pay Utility Bills - October 11 at 8:12 PM logoDoes FirstEnergy’s Recent Recovery Suggest a Bullish Trend? - October 9 at 6:54 PM logoZacks: Analysts Expect FirstEnergy Corporation (FE) Will Announce Earnings of $0.86 Per Share - October 8 at 6:14 PM logoFirstEnergy's Met-Ed Revamps Project to Boost Reliability - October 7 at 12:03 AM logoFirstEnergy's Met-Ed Revamps Project to Boost Reliability - October 7 at 12:03 AM logoFirstEnergy's Met-Ed Revamps Project to Boost Reliability - Nasdaq - October 6 at 7:01 PM logoMet-Ed Completes Substation Project in Reading to Enhance Customer Service Reliability - October 5 at 5:46 PM logoFirstEnergy to Rebuild Transmission Line in Pennsylvania - Nasdaq - October 4 at 5:20 AM logoFirstEnergy Ohio Utilities Launch Request for Proposal for 2017 Solar and Renewable Energy Credits - October 4 at 5:20 AM logoFirstEnergy to Rebuild Transmission Line in Pennsylvania - October 4 at 5:20 AM logoConstruction Underway on New FirstEnergy Transmission Line in Western Pennsylvania - October 2 at 2:39 PM logoFirstEnergy Corporation (FE) Given Average Recommendation of "Hold" by Brokerages - October 1 at 11:06 AM logoSCANA (SCG) Receives Subpoena for Nuclear Project Documents - September 29 at 2:30 PM logoStatement from FirstEnergy on Secretary of Energy's Proposal to Support U.S. Baseload Generating Facilities - September 29 at 2:30 PM logoFE Crosses Critical Technical Indicator - September 28 at 1:09 PM logoFirstEnergy's Unit's Tree Trimming to Improve Reliability - September 28 at 1:09 PM logoAnalyzing FirstEnergy Corporation (FE) and Its Competitors - September 25 at 4:14 AM logoAssessing Competitive Utility Peers: EXC and FE - September 23 at 9:46 AM logo$0.86 Earnings Per Share Expected for FirstEnergy Corporation (FE) This Quarter - September 20 at 2:08 AM logoFirstEnergy declares $0.36 dividend - September 19 at 1:56 PM logoFirstEnergy Corporation (FE) Announces Quarterly Dividend of $0.36 - September 19 at 1:32 PM logoFirstEnergy Corp. breached its 50 day moving average in a Bearish Manner : FE-US : September 14, 2017 - September 14 at 3:49 PM logoFirstEnergy Sending Additional Support to Assist with Hurricane Irma Power Restoration Efforts in Florida - September 13 at 8:00 PM logoFirstEnergy Utility Crews Mobilize to Assist with Hurricane Irma Power Restoration Efforts in Florida - PR Newswire (press release) - September 9 at 5:07 AM logoFirstEnergy Utility Crews Mobilize to Assist with Hurricane Irma Power Restoration Efforts in Florida - September 8 at 7:06 PM logoLooking at Recent Changes in FirstEnergy’s Institutional Ownership - September 8 at 7:06 PM logoFirstEnergy Corporation (FE) Price Target Raised to $40.00 - September 8 at 5:02 PM logoFirstEnergy revises agreement to sell natural gas, hydroelectric power plants - September 7 at 11:47 PM logoFirstEnergy-LS Power Equity Revise Asset Sale Agreement - September 7 at 6:44 PM logoFirstEnergy Reveals Agreement For Sale Of Natural Gas, Hydro Assets - September 6 at 6:32 PM logoFirstEnergy Subsidiaries Sign Revised Agreement for Sale of Competitive Natural Gas and Hydro Assets - September 6 at 6:32 PM logoFirstEnergy Corporation (FE) Receives Consensus Recommendation of "Hold" from Analysts - September 6 at 11:01 AM logoOhio Edison and Penn Power to Conduct Storm Restoration Drill to Help ... - September 6 at 12:01 AM logoOhio Edison and Penn Power to Conduct Storm Restoration Drill to Help Employees Prepare for Real-Life Events - September 6 at 12:01 AM logo Brokerages Anticipate FirstEnergy Corporation (FE) to Post $0.86 EPS - September 1 at 2:12 PM logoFirstEnergy Foundation Donates $1000 to Akron Urban League in Honor of Former ... - August 31 at 6:30 PM



FirstEnergy Corporation (FE) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

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