FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates coal-fired, nuclear, hydroelectric, oil and natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,493 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 276,555 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 164,470,215 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
Stock Exchange NYSE
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNYSE:FE
CUSIP33793210
Phone800-736-3402
Debt
Debt-to-Equity Ratio2.32
Current Ratio0.46
Quick Ratio0.40
Price-To-Earnings
Trailing P/E Ratio11.50
Forward P/E Ratio14.84
P/E Growth2.47
Sales & Book Value
Annual Sales$14.02 billion
Price / Sales1.20
Cash Flow$6.9921 per share
Price / Cash5.05
Book Value$8.82 per share
Price / Book4.00
Profitability
EPS (Most Recent Fiscal Year)$3.07
Net Income$-1,724,000,000.00
Net Margins-5.33%
Return on Equity22.52%
Return on Assets3.20%
Miscellaneous
Employees15,617
Outstanding Shares476,910,000
Market Cap$16,839.66
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 announced a quarterly dividend on Tuesday, July 17th. Stockholders of record on Tuesday, August 7th will be given a dividend of $0.36 per share on Saturday, September 1st. This represents a $1.44 annualized dividend and a dividend yield of 4.08%. The ex-dividend date is Monday, August 6th. View FirstEnergy's Dividend History.
How were FirstEnergy's earnings last quarter?
FirstEnergy Corp. (NYSE:FE) released its quarterly earnings data on Monday, April, 23rd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by $0.01. The utilities provider earned $2.90 billion during the quarter, compared to analyst estimates of $3.36 billion. FirstEnergy had a negative net margin of 5.33% and a positive return on equity of 22.52%. FirstEnergy's quarterly revenue was down 18.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.78 EPS. View FirstEnergy's Earnings History.
When is FirstEnergy's next earnings date?
What guidance has FirstEnergy issued on next quarter's earnings?
FirstEnergy issued an update on its FY18 earnings guidance on Monday, April, 23rd. The company provided earnings per share (EPS) guidance of $2.25-2.55 for the period, compared to the Thomson Reuters consensus estimate of $2.42.
What price target have analysts set for FE?
14 Wall Street analysts have issued 12-month price objectives for FirstEnergy's stock. Their forecasts range from $32.00 to $47.00. On average, they anticipate FirstEnergy's share price to reach $36.1917 in the next year. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Ratings for FirstEnergy.
What is the consensus analysts' recommendation for FirstEnergy?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of FirstEnergy's key competitors?
Some companies that are related to FirstEnergy include Enel S.p.A. ADS Common Stock (ENLAY), Southern (SO), Dominion Energy (D), American Electric Power (AEP), CLP (CLPHY), Edison International (EIX), Tenaga Nasional Bhd (TNABY), PPL (PPL), DTE Energy (DTE), Eversource Energy (ES), SSE PLC/S (SSEZY), Korea Electric Power (KEP), Avangrid (AGR), EDP-Energias de Portugal, S.A (EDPFY) and Entergy (ETR).
Who are FirstEnergy's key executives?
FirstEnergy's management team includes the folowing people:
- Mr. Charles E. Jones Jr., Pres, CEO & Director (Age 62)
- Mr. Steven E. Strah, Sr. VP & CFO (Age 54)
- Ms. Leila L. Vespoli Esq., Exec. VP of Corp. Strategy & Regulatory Affairs and Chief Legal Officer (Age 58)
- Mr. James F. Pearson, Exec. VP of Fin. (Age 64)
- Ms. Irene M. Prezelj, VP, Investor Relations
Has FirstEnergy been receiving favorable news coverage?
Media headlines about FE stock have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FirstEnergy earned a news impact score of 0.01 on Accern's scale. They also gave news articles about the utilities provider an impact score of 45.92 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are FirstEnergy's major shareholders?
FirstEnergy's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.13%), Retirement Systems of Alabama (0.09%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.05%), Calamos Advisors LLC (0.03%), Gulf International Bank UK Ltd (0.03%) and State of Alaska Department of Revenue (0.03%). Company insiders that own FirstEnergy stock include Charles D Lasky, Donald R Schneider, Donald T Misheff and Gurminder Singh Sangha. 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, Hartford Investment Management Co., Nisa Investment Advisors LLC, Atria Investments LLC, Hexavest Inc., Miller Howard Investments Inc. NY, Benjamin F. Edwards & Company Inc. and Smithfield Trust Co.. 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 Meag Munich Ergo Kapitalanlagegesellschaft MBH, Retirement Systems of Alabama, Cornerstone Wealth Management LLC, James Investment Research Inc., Xact Kapitalforvaltning AB, State of Alaska Department of Revenue, Calamos Advisors LLC and Gulf International Bank UK Ltd. 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 $35.31.
How big of a company is FirstEnergy?
FirstEnergy has a market capitalization of $16.84 billion and generates $14.02 billion in revenue each year. The utilities provider earns $-1,724,000,000.00 in net income (profit) each year or $3.07 on an earnings per share basis. FirstEnergy employs 15,617 workers across the globe.
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.
