NYSE:FE FirstEnergy - FE Stock Forecast, Price & News Adding Choose a watchlist: 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. $40.07 +0.36 (+0.91%) (As of 02/7/2023 12:00 AM ET) Add Compare Share Share Today's Range$39.39▼$40.2350-Day Range$39.52▼$43.0952-Week Range$35.32▼$48.85Volume4.83 million shsAverage Volume4.39 million shsMarket Capitalization$22.91 billionP/E Ratio18.30Dividend Yield3.95%Price Target$44.13 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability FirstEnergy MarketRank™ ForecastAnalyst RatingHold2.38 Rating ScoreUpside/Downside10.7% Upside$44.38 Price TargetShort InterestHealthy1.31% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.52Upright™ Environmental ScoreNews Sentiment0.23Based on 12 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 starsUtilities Sector64th out of 84 stocksElectric Services Industry30th out of 41 stocks 2.2 Analyst's Opinion Consensus RatingFirstEnergy has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.38, FirstEnergy has a forecasted upside of 10.7% from its current price of $40.07.Amount of Analyst CoverageFirstEnergy has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.31% of the outstanding shares of FirstEnergy have been sold short.Short Interest Ratio / Days to CoverFirstEnergy has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FirstEnergy has recently increased by 28.47%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFirstEnergy is a leading dividend payer. It pays a dividend yield of 3.95%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirstEnergy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of FirstEnergy is 71.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, FirstEnergy will have a dividend payout ratio of 63.67% next year. This indicates that FirstEnergy will be able to sustain or increase its dividend. Previous Next 0.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirstEnergy has received a -83.13% net impact score from Upright. The largest negative impact of FirstEnergy in category "GHG emissions" is driven by its "Electricity produced with coal", "Electricity transmission and distribution services", and "Electricity produced with hydropower" products. See details.Environmental SustainabilityThe Environmental Impact score for FirstEnergy is -7.52. Previous Next 2.4 News and Social Media Coverage News SentimentFirstEnergy has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 12 news articles for FirstEnergy this week, compared to 6 articles on an average week.Search Interest8 people have searched for FE on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added FirstEnergy to their MarketBeat watchlist in the last 30 days. This is a decrease of -70% compared to the previous 30 days. Previous Next 1.7 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 0.07% of the stock of FirstEnergy is held by insiders.Percentage Held by Institutions81.80% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for FirstEnergy are expected to remain at $2.45 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of FirstEnergy is 18.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.77.Price to Earnings Ratio vs. SectorThe P/E ratio of FirstEnergy is 18.30, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 99.21.Price to Earnings Growth RatioFirstEnergy has a PEG Ratio of 2.50. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFirstEnergy has a P/B Ratio of 2.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About FirstEnergy (NYSE:FE) StockFirstEnergy Corp. engages in the generation, transmission, and distribution of electricity as well as energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate segment reflects corporate support not charged to FE's subsidiaries, interest expense on FE's holding company debt and other businesses that do not constitute an operating segment. The company was founded in 1996 and is headquartered in Akron, OH.Read More Receive FE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FirstEnergy and its competitors with MarketBeat's FREE daily newsletter. Email Address FE Stock News HeadlinesFebruary 2, 2023 | marketbeat.com'Boom': FirstEnergy exec text revels in landing state planeNew details have emerged at former Ohio House Speaker Larry Householder's federal corruption trial on the use of the state plane scheduled to retrieve out-of-town state lawmakers for a vote on the now-tainted nuclear bailout legislationJanuary 19, 2023 | marketbeat.comOhio House ex-speaker's trial in $60M bribery probe to beginFormer Ohio House Speaker Larry Householder goes on trial next week in a case that alleges a $60 million bribery scheme federal prosecutors call the largest corruption case in state historyFebruary 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...February 6, 2023 | finance.yahoo.comFirstEnergy (FE) to Report Q4 Earnings: What to ExpectFebruary 6, 2023 | finance.yahoo.comFirstEnergy (FE) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseFebruary 6, 2023 | finance.yahoo.comFirstEnergy Foundation Grants $25,000 to Central Appalachian Region of the American Red Cross to Support Sickle Cell InitiativeFebruary 6, 2023 | americanbankingnews.comMizuho Cuts FirstEnergy (NYSE:FE) Price Target to $42.00February 2, 2023 | finance.yahoo.comFirstEnergy Announces $3.5 Billion Equity Capital Agreement to Further Enhance Financial Position and Support Sustainable, Long-Term GrowthFebruary 7, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…February 2, 2023 | finance.yahoo.comFirstEnergy Raises $3.5 Billion in Stake Sale to BrookfieldFebruary 2, 2023 | seekingalpha.comFirstEnergy to sell additional 30% stake in FET business to Brookfield for $3.5BFebruary 1, 2023 | finance.yahoo.comFirstEnergy Earns 2023 Military Friendly® Company AwardJanuary 30, 2023 | finance.yahoo.comWest Penn Power Electrical System Upgrades to Help Prevent Service Disruptions for Customers in Allegheny and Washington CountiesJanuary 27, 2023 | finance.yahoo.comFirstEnergy Foundation Presents "Gifts of the Season" to Local Charitable Organizations in Toledo Edison's Service AreaJanuary 27, 2023 | finance.yahoo.comFirstEnergy Foundation Presents "Gifts of the Season" to Charitable Organizations in Potomac Edison's Service AreaJanuary 27, 2023 | finance.yahoo.comFirstEnergy Foundation Presents $20,000 "Gift of the Season" to Local Veterans' Organization in Mon Power's Service Area as Part of Holiday Giving CampaignJanuary 27, 2023 | finance.yahoo.comFirstEnergy Foundation Presents "Gifts of the Season" Totaling $50,000 to Charitable Organizations in West Penn Power and Penn Power Service AreasJanuary 27, 2023 | finance.yahoo.comFirstEnergy Foundation Presents "Gifts of the Season" to Local Organizations in the JCP&L Service AreaJanuary 23, 2023 | finance.yahoo.comFirstEnergy Upgrades Transmission Line in Eastern OhioJanuary 3, 2023 | msn.comNearly 10,000 power outages reported in Akron: FirstEnergy gives restoration estimateDecember 24, 2022 | finance.yahoo.comFirstEnergy and PJM Ask Customers to Conserve ElectricityNovember 30, 2022 | finance.yahoo.comWest Penn Power Completes Inspections and Maintenance to Enhance Electric Service Reliability Through Winter SeasonNovember 30, 2022 | finance.yahoo.comPotomac Edison Completing Winter Readiness Inspections and Maintenance to Keep Power Flowing to Customers Safely and ReliablyNovember 30, 2022 | finance.yahoo.comMon Power Completing Winter Readiness Inspections and Maintenance to Keep Power Flowing Safely and Reliably to CustomersNovember 30, 2022 | finance.yahoo.comMet-Ed Completes Inspections and Maintenance to Enhance Electric Service Reliability Through Winter SeasonNovember 30, 2022 | finance.yahoo.comFirstEnergy's Ohio Utilities Complete Pre-Winter Inspections, Maintenance and Grid Modernization Work to Keep Power Flowing Safely and ReliablyNovember 30, 2022 | finance.yahoo.comPenn Power Completes Inspections and Maintenance to Help Enhance Service Reliability for Customers Through Winter SeasonSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FirstEnergy and its competitors with MarketBeat's FREE daily newsletter. Email Address FE Company Calendar Last Earnings10/28/2021Ex-Dividend for 12/1 Dividend11/04/2022Dividend Payable12/01/2022Ex-Dividend for 3/1 Dividend2/06/2023Today2/07/2023Next Earnings (Confirmed)2/13/2023Dividend Payable3/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:FE CUSIP33793210 CIK1031296 Webwww.firstenergycorp.com Phone(800) 736-3402Fax330-384-3866Employees12,395Year Founded1997Price Target and Rating Average Stock Price Forecast$44.38 High Stock Price Forecast$51.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+10.1%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.19 Trailing P/E Ratio18.30 Forward P/E Ratio16.36 P/E Growth2.5Net Income$1.28 billion Net Margins10.35% Pretax Margin12.90% Return on Equity13.76% Return on Assets3.06% Debt Debt-to-Equity Ratio1.86 Current Ratio0.66 Quick Ratio0.56 Sales & Book Value Annual Sales$11.13 billion Price / Sales2.06 Cash Flow$5.63 per share Price / Cash Flow7.12 Book Value$15.93 per share Price / Book2.52Miscellaneous Outstanding Shares571,750,000Free Float571,353,000Market Cap$22.91 billion OptionableOptionable Beta0.42 Social Links Key ExecutivesJohn W. SomerhalderChairman, President & Chief Executive OfficerSamuel L. BelcherSenior Vice President-OperationsK. Jon TaylorChief Financial Officer & Senior Vice PresidentErnest N. MaleyChief Information Officer & Vice PresidentAntonio FernándezVice President, Chief Ethics & Compliance OfficerKey CompetitorsEntergyNYSE:ETRPPLNYSE:PPLEdison InternationalNYSE:EIXEversource EnergyNYSE:ESPinnacle West CapitalNYSE:PNWView All CompetitorsInsiders & InstitutionsTD Asset Management IncBought 749 shares on 2/7/2023Ownership: 0.034%Woodward Diversified Capital LLCSold 331 shares on 2/7/2023Ownership: 0.002%Firethorn Wealth Partners LLCSold 409 shares on 2/7/2023Ownership: 0.001%Savant Capital LLCSold 331 shares on 2/7/2023Ownership: 0.001%Benjamin Edwards Inc.Bought 306 shares on 2/7/2023Ownership: 0.001%View All Institutional Transactions FE Stock - Frequently Asked Questions Should I buy or sell FirstEnergy stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FE, but not buy additional shares or sell existing shares. View FE analyst ratings or view top-rated stocks. What is FirstEnergy's stock price forecast for 2023? 8 brokers have issued 12 month target prices for FirstEnergy's stock. Their FE share price forecasts range from $38.00 to $51.00. On average, they anticipate the company's stock price to reach $44.38 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View analysts price targets for FE or view top-rated stocks among Wall Street analysts. How have FE shares performed in 2023? FirstEnergy's stock was trading at $41.94 at the beginning of the year. Since then, FE stock has decreased by 4.5% and is now trading at $40.07. View the best growth stocks for 2023 here. Are investors shorting FirstEnergy? FirstEnergy saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 7,490,000 shares, an increase of 28.5% from the December 31st total of 5,830,000 shares. Based on an average daily trading volume, of 3,470,000 shares, the days-to-cover ratio is presently 2.2 days. View FirstEnergy's Short Interest. When is FirstEnergy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023. View our FE earnings forecast. How can I listen to FirstEnergy's earnings call? FirstEnergy will be holding an earnings conference call on Tuesday, February 14th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were FirstEnergy's earnings last quarter? FirstEnergy Corp. (NYSE:FE) posted its quarterly earnings data on Thursday, October, 28th. The utilities provider reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.03. The utilities provider had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.11 billion. FirstEnergy had a net margin of 10.35% and a trailing twelve-month return on equity of 13.76%. FirstEnergy's quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.84 EPS. Read the conference call transcript. How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy? FirstEnergy announced a quarterly dividend on Tuesday, December 13th. Investors of record on Tuesday, February 7th will be paid a dividend of $0.39 per share on Wednesday, March 1st. This represents a $1.56 annualized dividend and a yield of 3.89%. The ex-dividend date is Monday, February 6th. Read our dividend analysis for FE. Is FirstEnergy a good dividend stock? FirstEnergy (NYSE:FE) pays an annual dividend of $1.56 per share and currently has a dividend yield of 3.95%. The dividend payout ratio is 71.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FE will have a dividend payout ratio of 63.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FE. What is Chuck Jones' approval rating as FirstEnergy's CEO? 63 employees have rated FirstEnergy Chief Executive Officer Chuck Jones on Glassdoor.com. Chuck Jones has an approval rating of 76% among the company's employees. 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 a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.45%), First Pacific Advisors LP (0.63%), Bank of Montreal Can (0.62%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Vaughan David Investments LLC IL (0.16%) and Envestnet Asset Management Inc. (0.12%). View institutional ownership trends. How do I buy shares of FirstEnergy? Shares of FE stock 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. Compare Top Brokerages Here. What is FirstEnergy's stock price today? One share of FE stock can currently be purchased for approximately $40.07. How much money does FirstEnergy make? FirstEnergy (NYSE:FE) has a market capitalization of $22.91 billion and generates $11.13 billion in revenue each year. The utilities provider earns $1.28 billion in net income (profit) each year or $2.19 on an earnings per share basis. How many employees does FirstEnergy have? The company employs 12,395 workers across the globe. Does FirstEnergy have any subsidiaries? The following companies are subsidiares of FirstEnergy: Allegheny Energy, FirstEnergy Service Company, FirstEnergy Transmission LLC, FirstEnergy Ventures Corp., GPU Inc, Jersey Central Power & Light Company, MARBEL Energy Corporation, 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.Read More How can I contact FirstEnergy? FirstEnergy's mailing address is 76 SOUTH MAIN ST, AKRON OH, 44308. The official website for the company is www.firstenergycorp.com. The utilities provider can be reached via phone at (800) 736-3402, via email at firstenergy@amstock.com, or via fax at 330-384-3866. This page (NYSE:FE) was last updated on 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. 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