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S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
US Dollar Replaced By "Biden Bucks"? (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
US Dollar Replaced By "Biden Bucks"? (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
US Dollar Replaced By "Biden Bucks"? (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
US Dollar Replaced By "Biden Bucks"? (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
US Dollar Replaced By "Biden Bucks"? (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
US Dollar Replaced By "Biden Bucks"? (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
NYSE:FE

FirstEnergy - FE Stock Forecast, Price & News

$39.53
+0.58 (+1.49%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$38.89
$39.55
50-Day Range
$35.91
$42.34
52-Week Range
$35.32
$48.85
Volume
3.62 million shs
Average Volume
4.16 million shs
Market Capitalization
$22.59 billion
P/E Ratio
16.07
Dividend Yield
4.01%
Price Target
$45.25

FirstEnergy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
14.5% Upside
$45.25 Price Target
Short Interest
Healthy
0.94% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.52
Upright™ Environmental Score
News Sentiment
-0.03mentions of FirstEnergy in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.42%
From $2.40 to $2.53 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.60 out of 5 stars

Utilities Sector

20th out of 86 stocks

Electric Services Industry

8th out of 42 stocks

FE stock logo

About FirstEnergy (NYSE:FE) Stock

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, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 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.

Analysts Set New Price Targets

FE has been the topic of a number of research analyst reports. Barclays decreased their target price on FirstEnergy from $49.00 to $41.00 and set an "equal weight" rating on the stock in a research note on Monday, July 18th. Morgan Stanley increased their price objective on FirstEnergy from $45.00 to $49.00 and gave the company an "overweight" rating in a research report on Thursday, July 21st. Bank of America lowered FirstEnergy from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $52.00 to $44.00 in a research report on Monday, May 16th. Credit Suisse Group began coverage on FirstEnergy in a research report on Monday, April 25th. They set an "outperform" rating and a $51.00 price objective on the stock. Finally, StockNews.com lowered FirstEnergy from a "buy" rating to a "hold" rating in a research report on Thursday, August 4th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, FirstEnergy has a consensus rating of "Hold" and an average price target of $45.25.

FirstEnergy Trading Up 1.5 %

FE traded up $0.58 on Wednesday, hitting $39.53. 3,623,637 shares of the company were exchanged, compared to its average volume of 4,162,184. The firm has a fifty day simple moving average of $38.62 and a two-hundred day simple moving average of $41.80. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.66 and a current ratio of 0.75. FirstEnergy has a 12 month low of $35.32 and a 12 month high of $48.85. The stock has a market capitalization of $22.59 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 2.51 and a beta of 0.44.

FirstEnergy (NYSE:FE - Get Rating) last posted its quarterly earnings results on Tuesday, July 26th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.01. FirstEnergy had a return on equity of 15.13% and a net margin of 11.78%. During the same quarter last year, the business posted $0.59 EPS. Sell-side analysts expect that FirstEnergy will post 2.4 earnings per share for the current year.

FirstEnergy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Friday, August 5th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.95%. The ex-dividend date of this dividend is Thursday, August 4th. FirstEnergy's dividend payout ratio (DPR) is currently 63.41%.

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FE Stock News Headlines

FirstEnergy (NYSE:FE) Issues Q3 2022 Earnings Guidance
FirstEnergy (NYSE:FE) Updates Q3 2022 Earnings Guidance
FirstEnergy (NYSE:FE) Releases FY 2022 Earnings Guidance
FirstEnergy Q2 Earnings: The Future Looks Bright
FirstEnergy (NYSE:FE) Upgraded to "Buy" by StockNews.com
Barclays Lowers FirstEnergy (NYSE:FE) Price Target to $41.00
See More Headlines
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FE Company Calendar

Ex-Dividend for 6/1 Dividend
5/05/2022
Dividend Payable
6/01/2022
Last Earnings
7/26/2022
Ex-Dividend for 9/1 Dividend
8/04/2022
Today
8/10/2022
Dividend Payable
9/01/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
33793210
Employees
12,395
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$45.25
High Stock Price Forecast
$51.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+14.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$1.28 billion
Pretax Margin
13.76%

Debt

Sales & Book Value

Annual Sales
$11.13 billion
Cash Flow
$5.71 per share
Book Value
$15.93 per share

Miscellaneous

Free Float
570,995,000
Market Cap
$22.59 billion
Optionable
Optionable
Beta
0.44

Social Links


Key Executives

  • Mr. John William Somerhalder II (Age 66)
    Chair of the Board
    Comp: $1.78M
  • Mr. Steven E. Strah (Age 58)
    Pres, CEO & Director
    Comp: $3.08M
  • Mr. K. Jon Taylor (Age 48)
    Sr. VP, CFO & Strategy
    Comp: $2.36M
  • Mr. Samuel L. Belcher (Age 54)
    Sr. VP of Operations
    Comp: $1.49M
  • Mr. Hyun Park (Age 61)
    Sr. VP & Chief Legal Officer
    Comp: $2.26M
  • Mr. Jason J. Lisowski (Age 41)
    VP, Controller & Chief Accounting Officer
  • Mr. Ernest N. Maley
    VP & Chief Information Officer
  • Ms. Irene M. Prezelj (Age 55)
    VP of Investor Relations & Communications
  • Mr. Antonio Fernandez
    VP and Chief Ethics & Compliance Officer
  • Ms. Gretchan Sekulich
    VP of Communications & Marketing













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 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FE shares.
View FE analyst ratings
or view top-rated stocks.

What is FirstEnergy's stock price forecast for 2022?

8 Wall Street research analysts have issued 12 month price objectives for FirstEnergy's shares. Their FE share price forecasts range from $40.00 to $51.00. On average, they expect the company's stock price to reach $45.25 in the next year. This suggests a possible upside of 14.5% 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 2022?

FirstEnergy's stock was trading at $41.59 at the beginning of the year. Since then, FE stock has decreased by 5.0% and is now trading at $39.53.
View the best growth stocks for 2022 here
.

Are investors shorting FirstEnergy?

FirstEnergy saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,350,000 shares, a drop of 15.6% from the July 15th total of 6,340,000 shares. Based on an average daily volume of 3,870,000 shares, the short-interest ratio is currently 1.4 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 Thursday, October 27th 2022.
View our FE earnings forecast
.

How were FirstEnergy's earnings last quarter?

FirstEnergy Corp. (NYSE:FE) posted its earnings results on Tuesday, July, 26th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.01. FirstEnergy had a net margin of 11.78% and a trailing twelve-month return on equity of 15.13%. During the same period in the previous year, the company earned $0.59 earnings per share.
Read the conference call transcript
.

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

FirstEnergy announced a quarterly dividend on Tuesday, July 19th. Investors of record on Friday, August 5th will be paid a dividend of $0.39 per share on Thursday, September 1st. This represents a $1.56 annualized dividend and a dividend yield of 3.95%. The ex-dividend date of this dividend is Thursday, August 4th.
Read our dividend analysis for FE
.

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 4.01%. FE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 63.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FE will have a dividend payout ratio of 61.66% 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 third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $0.70-$0.80 for the period, compared to the consensus earnings per share estimate of $0.80. 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 variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.47%), Mitsubishi UFJ Trust & Banking Corp (1.22%), First Pacific Advisors LP (0.63%), California Public Employees Retirement System (0.55%), Pictet Asset Management SA (0.52%) and Victory Capital Management Inc. (0.42%).
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 $39.53.

How much money does FirstEnergy make?

FirstEnergy (NYSE:FE) has a market capitalization of $22.59 billion and generates $11.13 billion in revenue each year. The utilities provider earns $1.28 billion in net income (profit) each year or $2.46 on an earnings per share basis.

How many employees does FirstEnergy have?

The company employs 12,395 workers across the globe.

Does FirstEnergy have any subsidiaries?

The following companies are subsidiares of FirstEnergy: Allegheny Energy, FirstEnergy Nuclear Operating Company, FirstEnergy Service Company, FirstEnergy Solutions Corp., FirstEnergy Transmission LLC, FirstEnergy Ventures Corp., GPU Inc, Jersey Central Power & Light Company, Marbel Energy Corp., 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

When was FirstEnergy founded?

FirstEnergy was founded in 1997.

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 8/11/2022 by MarketBeat.com Staff

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