FirstEnergy (FE) Stock Forecast, Price & News

FirstEnergy (NYSE:FE) Frequently Asked Questions

Is FirstEnergy a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FirstEnergy stock.
View analyst ratings for FirstEnergy or view top-rated stocks.

Are investors shorting FirstEnergy?

FirstEnergy saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 8,770,000 shares, a decline of 16.6% from the April 15th total of 10,510,000 shares. Based on an average trading volume of 4,430,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.6% of the shares of the company are short sold.
View FirstEnergy's Short Interest.

When is FirstEnergy's next earnings date?

FirstEnergy is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for FirstEnergy.

How were FirstEnergy's earnings last quarter?

FirstEnergy Corp. (NYSE:FE) released its earnings results on Thursday, April, 21st. The utilities provider reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $0.62 by $0.02. The utilities provider had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.85 billion. FirstEnergy had a net margin of 10.85% and a trailing twelve-month return on equity of 17.17%. The firm's quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.69 earnings per share.
View FirstEnergy's earnings history.

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

FirstEnergy announced a quarterly dividend on Tuesday, March 15th. Stockholders of record on Friday, May 6th will be paid a dividend of $0.39 per share on Wednesday, June 1st. This represents a $1.56 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend is Thursday, May 5th.
View FirstEnergy's dividend history.

Is FirstEnergy a good dividend stock?

FirstEnergy pays an annual dividend of $1.56 per share and currently has a dividend yield of 3.60%. The dividend payout ratio of FirstEnergy is 69.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FirstEnergy will have a dividend payout ratio of 61.18% next year. This indicates that FirstEnergy will be able to sustain or increase its dividend.
View FirstEnergy's dividend history.

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

FirstEnergy updated its FY22 earnings guidance on Thursday, April, 21st. The company provided earnings per share (EPS) guidance of $2.30-2.50 for the period, compared to the consensus EPS estimate of $2.41.

What price target have analysts set for FE?

8 equities research analysts have issued 12 month price targets for FirstEnergy's shares. Their forecasts range from $39.00 to $51.00. On average, they anticipate FirstEnergy's share price to reach $46.38 in the next year. This suggests a possible upside of 6.8% from the stock's current price.
View analysts' price targets for FirstEnergy or view top-rated stocks among Wall Street analysts.

Who are FirstEnergy's key executives?

FirstEnergy's management team includes the following people:

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

What is Chuck Jones' approval rating as FirstEnergy's CEO?

63 employees have rated FirstEnergy CEO Chuck Jones on Glassdoor.com. Chuck Jones has an approval rating of 76% among FirstEnergy's employees.

Who are some of FirstEnergy's key competitors?

Some companies that are related to FirstEnergy include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), Eversource Energy (ES), Edison International (EIX), Entergy (ETR), PPL (PPL), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE).
View all of FE's competitors.

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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.95%), State Street Corp (7.68%), BlackRock Inc. (7.42%), Invesco Ltd. (3.13%), Wellington Management Group LLP (2.03%) and GQG Partners LLC (1.63%).
View institutional ownership trends for FirstEnergy.

Which institutional investors are selling FirstEnergy stock?

FE stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Toronto Dominion Bank, Bank of Nova Scotia, Governors Lane LP, BlackRock Inc., Cibc World Markets Corp, Royal Bank of Canada, and Renaissance Technologies LLC.
View insider buying and selling activity for FirstEnergy or view top insider-selling stocks.

Which institutional investors are buying FirstEnergy stock?

FE stock was acquired by a variety of institutional investors in the last quarter, including GQG Partners LLC, Vanguard Group Inc., State Street Corp, Invesco Ltd., 1832 Asset Management L.P., Jennison Associates LLC, Mitsubishi UFJ Trust & Banking Corp, and ClearBridge Investments Ltd.
View insider buying and selling activity for FirstEnergy or or view top insider-buying stocks.

How do I buy shares of FirstEnergy?

Shares of FE 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.
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What is FirstEnergy's stock price today?

One share of FE stock can currently be purchased for approximately $43.43.

How much money does FirstEnergy make?

FirstEnergy has a market capitalization of $24.80 billion and generates $11.13 billion in revenue each year. The utilities provider earns $1.28 billion in net income (profit) each year or $2.24 on an earnings per share basis.

How many employees does FirstEnergy have?

FirstEnergy 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.

When was FirstEnergy founded?

FirstEnergy was founded in 1997.

What is FirstEnergy's official website?

The official website for FirstEnergy is www.firstenergycorp.com.

How can I contact FirstEnergy?

FirstEnergy's mailing address is 76 SOUTH MAIN ST, AKRON OH, 44308. The utilities provider can be reached via phone at (800) 736-3402, via email at [email protected], or via fax at 330-384-3866.