NYSE:FE FirstEnergy Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding FirstEnergy Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $29.80 +0.04 (+0.13 %) (As of 09/17/2020 12:00 AM ET) Add Compare Share Today's Range$28.91Now: $29.80▼$29.9450-Day Range$27.94MA: $29.02▼$30.0652-Week Range$22.85Now: $29.80▼$52.51Volume2.84 million shsAverage Volume6.19 million shsMarket Capitalization$16.15 billionP/E Ratio24.03Dividend Yield5.24%Beta0.27 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution and Regulated Transmission segments. It owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,506 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 277,284 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 164,611,989 kilovolt-amperes. The company serves approximately six million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is headquartered in Akron, Ohio.Read More Beat the Market (BTM) Rank™ 4.2 Analyst's Opinion Consensus RatingFirstEnergy has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 7 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $42.03, FirstEnergy has a forecasted upside of 41.1% from its current price of $29.80.Amount of Analyst CoverageFirstEnergy has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Community Rank Outperform VotesFirstEnergy has received 521 “outperform” votes. (Add your “outperform” vote.)Underperform VotesFirstEnergy has received 795 “underperform” votes. (Add your “underperform” vote.)Community SentimentFirstEnergy has received 60.41% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about FirstEnergy and other stocks. Vote “Outperform” if you believe FE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipFirstEnergy is a leading dividend payer. It pays a dividend yield of 5.24%, 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 60.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, FirstEnergy will have a dividend payout ratio of 59.54% next year. This indicates that FirstEnergy will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FirstEnergy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.28% of the stock of FirstEnergy is held by insiders.Percentage Held by Institutions84.70% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for FirstEnergy are expected to grow by 4.80% in the coming year, from $2.50 to $2.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FirstEnergy is 24.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.98.Price to Earnings Ratio vs. SectorThe P/E ratio of FirstEnergy is 24.03, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 21.06.Price to Book Value per Share RatioFirstEnergy has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.2Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.24 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:FE Previous Symbol CUSIP33793210 CIK1031296 Webwww.firstenergycorp.com Phone800-736-3402Debt Debt-to-Equity Ratio3.08 Current Ratio0.78 Quick Ratio0.66Price-To-Earnings Trailing P/E Ratio24.03 Forward P/E Ratio11.92 P/E GrowthN/A Sales & Book Value Annual Sales$11.04 billion Price / Sales1.46 Cash Flow$4.91 per share Price / Cash Flow6.07 Book Value$12.91 per share Price / Book2.31Profitability EPS (Most Recent Fiscal Year)$2.58 Net Income$912 million Net Margins6.10% Return on Equity19.31% Return on Assets3.24%Miscellaneous Employees12,316 Outstanding Shares542,110,000Market Cap$16.15 billion Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $29.80 +0.04 (+0.13 %) (As of 09/17/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive FE News and Ratings via Email Sign-up to receive the latest news and ratings for FE and its competitors with MarketBeat's FREE daily newsletter. FirstEnergy (NYSE:FE) Frequently Asked Questions How has FirstEnergy's stock price been impacted by Coronavirus? FirstEnergy's stock was trading at $43.13 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FE stock has decreased by 30.9% and is now trading at $29.80. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of FirstEnergy? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for FirstEnergy. When is FirstEnergy's next earnings date? FirstEnergy is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for FirstEnergy. How were FirstEnergy's earnings last quarter? FirstEnergy Corp. (NYSE:FE) announced its quarterly earnings results on Thursday, July, 23rd. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. The utilities provider earned $2.52 billion during the quarter, compared to the consensus estimate of $2.56 billion. FirstEnergy had a net margin of 6.10% and a return on equity of 19.31%. During the same period last year, the company posted $0.61 EPS. 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, September 15th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.39 per share on Tuesday, December 1st. This represents a $1.56 annualized dividend and a dividend yield of 5.23%. The ex-dividend date is Thursday, November 5th. View FirstEnergy's dividend history. What price target have analysts set for FE? 15 analysts have issued 1 year target prices for FirstEnergy's stock. Their forecasts range from $28.50 to $54.00. On average, they expect FirstEnergy's stock price to reach $42.03 in the next year. This suggests a possible upside of 41.1% from the stock's current price. View analysts' price targets for FirstEnergy. Are investors shorting FirstEnergy? FirstEnergy saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 12,700,000 shares, an increase of 113.8% from the July 30th total of 5,940,000 shares. Based on an average daily volume of 9,480,000 shares, the days-to-cover ratio is currently 1.3 days. View FirstEnergy's Short Interest. Who are some of FirstEnergy's key competitors? Some companies that are related to FirstEnergy include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Xcel Energy (XEL), Exelon (EXC), Eversource Energy (ES), PPL (PPL), Edison International (EIX), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and PNM Resources (PNM). View all 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), Cisco Systems (CSCO), Intel (INTC), Exxon Mobil (XOM), Pfizer (PFE), Verizon Communications (VZ), Johnson & Johnson (JNJ), AbbVie (ABBV), Coca-Cola (KO) and Bank of America (BAC). Who are FirstEnergy's key executives? FirstEnergy's management team includes the following people: Mr. Charles E. Jones Jr., Pres, CEO & Director (Age 63)Mr. Steven E. Strah, Sr. VP & CFO (Age 55)Ms. Leila L. Vespoli Esq., Exec. VP of Corp. Strategy & Regulatory Affairs and Chief Legal Officer (Age 59)Mr. James F. Pearson, Exec. VP of Fin. (Age 65)Mr. Samuel L. Belcher, Sr. VP & Pres of FirstEnergy Utilities (Age 51) 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. (12.32%), BlackRock Inc. (10.58%), Nuveen Asset Management LLC (2.22%), FMR LLC (1.42%), Bank of America Corp DE (1.14%) and Brookfield Asset Management Inc. (0.85%). Company insiders that own FirstEnergy stock include Christopher D Pappas, James F Pearson and Leila L Vespoli. View institutional ownership trends for FirstEnergy. Which major investors are selling FirstEnergy stock? FE stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., LSV Asset Management, Prudential Financial Inc., Epoch Investment Partners Inc., Bank of Nova Scotia, Sumitomo Mitsui Trust Holdings Inc., Federated Hermes Inc., and Banco Santander S.A.. View insider buying and selling activity for FirstEnergy. Which major investors are buying FirstEnergy stock? FE stock was acquired by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Two Sigma Advisers LP, Point72 Asset Management L.P., Thompson Siegel & Walmsley LLC, Thrivent Financial for Lutherans, Prudential PLC, Wexford Capital LP, and Russell Investments Group Ltd.. View insider buying and selling activity for FirstEnergy. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is FirstEnergy's stock price today? One share of FE stock can currently be purchased for approximately $29.80. How big of a company is FirstEnergy? FirstEnergy has a market capitalization of $16.15 billion and generates $11.04 billion in revenue each year. The utilities provider earns $912 million in net income (profit) each year or $2.58 on an earnings per share basis. FirstEnergy employs 12,316 workers across the globe. 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 or via email at [email protected] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
