NYSE:FE - FirstEnergy Stock Price, Forecast & News

FirstEnergy trades on the New York Stock Exchange (NYSE) under the ticker symbol "FE."

FirstEnergy declared a quarterly dividend on Friday, November 8th. Investors of record on Friday, February 7th will be given a dividend of $0.39 per share on Sunday, March 1st. This represents a $1.56 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date is Thursday, February 6th. View FirstEnergy's Dividend History.

FirstEnergy Corp. (NYSE:FE) issued its quarterly earnings data on Friday, February, 7th. The utilities provider reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.07. The utilities provider earned $2.67 billion during the quarter, compared to analysts' expectations of $2.74 billion. FirstEnergy had a net margin of 8.26% and a return on equity of 19.57%. During the same period in the previous year, the firm posted $0.50 earnings per share. View FirstEnergy's Earnings History.

FirstEnergy is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for FirstEnergy.

FirstEnergy issued an update on its FY20 earnings guidance on Friday, February, 7th. The company provided earnings per share (EPS) guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.48.

7 analysts have issued 1-year price objectives for FirstEnergy's stock. Their forecasts range from $46.00 to $54.00. On average, they expect FirstEnergy's stock price to reach $50.43 in the next year. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for FirstEnergy.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FirstEnergy.

Headlines about FE stock have been trending extremely negative recently, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FirstEnergy earned a media sentiment score of -4.9 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for FirstEnergy.

Some companies that are related to FirstEnergy include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Portland General Electric (POR) and Hawaiian Electric Industries (HE).

Based on aggregate information from My MarketBeat watchlists, some companies that other FirstEnergy investors own include AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM), Pfizer (PFE), General Electric (GE), Cisco Systems (CSCO), Bank of America (BAC), Intel (INTC), Procter & Gamble (PG) and Amgen (AMGN).

FirstEnergy's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (7.34%), Massachusetts Financial Services Co. MA (5.68%), Renaissance Technologies LLC (1.90%), FMR LLC (1.21%), Bank of America Corp DE (1.21%) and Pictet Asset Management Ltd. (1.02%). Company insiders that own FirstEnergy stock include Christopher D Pappas, Gurminder Singh Sangha, James F Pearson and Leila L Vespoli. View Institutional Ownership Trends for FirstEnergy.

FE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, LSV Asset Management, Goldman Sachs Group Inc., Credit Suisse AG, State of Tennessee Treasury Department, Pinebridge Investments L.P., Lord Abbett & CO. LLC and Sasco Capital Inc. CT. View Insider Buying and Selling for FirstEnergy.

FE stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., State Street Corp, Alliancebernstein L.P., Boston Partners, Pictet Asset Management Ltd., Renaissance Technologies LLC, Massachusetts Financial Services Co. MA and LNZ Capital LP. Company insiders that have bought FirstEnergy stock in the last two years include Christopher D Pappas and Gurminder Singh Sangha. View Insider Buying and Selling for 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.

One share of FE stock can currently be purchased for approximately $52.15.

FirstEnergy has a market capitalization of $28.20 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.View Additional Information About FirstEnergy.

The official website for FirstEnergy is http://www.firstenergycorp.com/.

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]