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.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
Phone800-736-3402
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$11.26 billion
Profitability
Miscellaneous
Employees12,494
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable
FirstEnergy (NYSE:FE) Frequently Asked Questions
What is FirstEnergy's stock symbol?
FirstEnergy trades on the New York Stock Exchange (NYSE) under the ticker symbol "FE."
How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy?
FirstEnergy declared a quarterly dividend on Tuesday, March 19th. Stockholders of record on Tuesday, May 7th will be paid a dividend of $0.38 per share on Saturday, June 1st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date of this dividend is Monday, May 6th. View FirstEnergy's Dividend History.
How were FirstEnergy's earnings last quarter?
FirstEnergy Corp. (NYSE:FE) posted its quarterly earnings data on Tuesday, February, 19th. The utilities provider reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.03. The utilities provider had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.67 billion. FirstEnergy had a net margin of 10.41% and a return on equity of 21.13%. During the same quarter last year, the firm posted $0.71 EPS. View FirstEnergy's Earnings History.
When is FirstEnergy's next earnings date?
What guidance has FirstEnergy issued on next quarter's earnings?
FirstEnergy updated its FY19 earnings guidance on Tuesday, February, 19th. The company provided earnings per share (EPS) guidance of $2.45-2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.58. FirstEnergy also updated its FY 2019 guidance to $2.45-2.75 EPS.
What price target have analysts set for FE?
7 Wall Street analysts have issued 12 month price targets for FirstEnergy's shares. Their forecasts range from $37.00 to $46.00. On average, they anticipate FirstEnergy's stock price to reach $41.3333 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for FirstEnergy.
What is the consensus analysts' recommendation for FirstEnergy?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FirstEnergy.
Has FirstEnergy been receiving favorable news coverage?
Media headlines about FE stock have been trending neutral recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. FirstEnergy earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock's share price in the near future.
Who are some of FirstEnergy's key competitors?
Some companies that are related to FirstEnergy include Enel S.p.A. ADS (ENLAY), Dominion Energy (D), Southern (SO), American Electric Power (AEP), CLP (CLPHY), PPL (PPL), DTE Energy (DTE), Eversource Energy (ES), Edison International (EIX), Tenaga Nasional Bhd (TNABY), Entergy (ETR), Korea Electric Power (KEP), SSE PLC/S (SSEZY), Fortis (FTS) and Avangrid (AGR).
What other stocks do shareholders of FirstEnergy own?
Who are FirstEnergy's key executives?
FirstEnergy's management team includes the folowing 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)
Who are FirstEnergy's major shareholders?
FirstEnergy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.55%), Zimmer Partners LP (5.76%), LSV Asset Management (2.56%), FMR LLC (2.07%), Geode Capital Management LLC (1.21%) and Northern Trust Corp (1.24%). Company insiders that own FirstEnergy stock include Donald T Misheff, Gurminder Singh Sangha, James F Pearson and Leila L Vespoli. 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 LSV Asset Management, Bank of New York Mellon Corp, Millennium Management LLC, APG Asset Management N.V., Fir Tree Capital Management LP, Zimmer Partners LP, Epoch Investment Partners Inc. and Becker Capital Management Inc.. Company insiders that have sold FirstEnergy company stock in the last year include James F Pearson and Leila L Vespoli. View Insider Buying and Selling for FirstEnergy.
Which institutional investors are buying FirstEnergy stock?
FE stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, FMR LLC, Massachusetts Financial Services Co. MA, Legal & General Group Plc, Jennison Associates LLC, Lord Abbett & CO. LLC, D. E. Shaw & Co. Inc. and Scout Investments Inc.. Company insiders that have bought FirstEnergy stock in the last two years include Donald T Misheff and Gurminder Singh Sangha. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is FirstEnergy's stock price today?
One share of FE stock can currently be purchased for approximately $41.77.
How big of a company is FirstEnergy?
FirstEnergy has a market capitalization of $22.14 billion and generates $11.26 billion in revenue each year. The utilities provider earns $1.35 billion in net income (profit) each year or $2.59 on an earnings per share basis. FirstEnergy employs 12,494 workers across the globe.
What is FirstEnergy's official website?
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]
MarketBeat Community Rating for FirstEnergy (NYSE FE)
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.
