FirstEnergy Stock Forecast, Price & News

FirstEnergy (NYSE:FE) Frequently Asked Questions

Is FirstEnergy a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FirstEnergy stock. 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 analyst ratings for FirstEnergy or view top-rated stocks.

What stocks does MarketBeat like better than FirstEnergy?

Wall Street analysts have given FirstEnergy a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but FirstEnergy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is FirstEnergy's next earnings date?

FirstEnergy is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for FirstEnergy.

How were FirstEnergy's earnings last quarter?

FirstEnergy Corp. (NYSE:FE) released its earnings results on Thursday, July, 22nd. The utilities provider reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.57 by $0.02. The utilities provider had revenue of $2.60 billion for the quarter, compared to analyst estimates of $2.65 billion. FirstEnergy had a trailing twelve-month return on equity of 18.17% and a net margin of 9.98%. The company's revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.57 EPS.
View FirstEnergy's earnings history.

How has FirstEnergy's stock 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. Since then, FE shares have decreased by 13.7% and is now trading at $37.23.
View which stocks have been most impacted by COVID-19.

How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy?

FirstEnergy announced a quarterly dividend on Tuesday, September 21st. Stockholders of record on Friday, November 5th will be given a dividend of $0.39 per share on Wednesday, December 1st. This represents a $1.56 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date of this dividend is Thursday, November 4th.
View FirstEnergy's dividend history.

Is FirstEnergy a good dividend stock?

FirstEnergy pays an annual dividend of $1.56 per share and currently has a dividend yield of 4.18%. FE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. FirstEnergy has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of FirstEnergy is 65.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FirstEnergy will have a dividend payout ratio of 61.18% next year. This indicates that FirstEnergy will be able to sustain or increase its dividend.
View FirstEnergy's dividend history.

What guidance has FirstEnergy issued on next quarter's earnings?

FirstEnergy updated its FY 2021 earnings guidance on Thursday, August, 5th. The company provided earnings per share (EPS) guidance of $2.400-$2.600 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.510. The company issued revenue guidance of -.

What price target have analysts set for FE?

6 equities research analysts have issued twelve-month price objectives for FirstEnergy's shares. Their forecasts range from $37.00 to $47.00. On average, they anticipate FirstEnergy's stock price to reach $41.00 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price.
View analysts' price targets for FirstEnergy or view top-rated stocks among Wall Street analysts.

Who are FirstEnergy's key executives?

FirstEnergy's management team includes the following people:

• Steven E. Strah, President, Chief Executive Officer & Director
• K. Jon Taylor, Chief Financial Officer & Senior Vice President
• Bennett L. Gaines, Chief Information Officer & SVP-Corporate Services
• Antonio Fernández, Vice President, Chief Ethics & Compliance Officer
• Christine L. Walker, Chief Human Resources Officer & Senior VP

What is Chuck Jones' approval rating as FirstEnergy's CEO?

63 employees have rated FirstEnergy CEO Chuck Jones on Glassdoor.com. Chuck Jones has an approval rating of 76% among FirstEnergy's employees.

Who are some of FirstEnergy's key competitors?

Some companies that are related to FirstEnergy include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), Eversource Energy (ES), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE).
View all of FE's 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), 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 number of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.33%), Becker Capital Management Inc. (0.14%), Chevy Chase Trust Holdings Inc. (0.06%), Gateway Investment Advisers LLC (0.05%), Robeco Institutional Asset Management B.V. (0.04%) and Gyroscope Capital Management Group LLC (0.03%).
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 Pacer Advisors Inc., Assenagon Asset Management S.A., Crossmark Global Holdings Inc., Chevy Chase Trust Holdings Inc., Avantax Advisory Services Inc., Sciencast Management LP, State of Alaska Department of Revenue, and New Mexico Educational Retirement Board.
View insider buying and selling activity for FirstEnergy or view top insider-selling stocks.

Which institutional investors are buying FirstEnergy stock?

FE stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Exchange Traded Concepts LLC, American Assets Investment Management LLC, Kestra Advisory Services LLC, Townsend & Associates Inc, Becker Capital Management Inc., IFP Advisors Inc, and NuWave Investment Management LLC.
View insider buying and selling activity for FirstEnergy or or view top insider-buying stocks.

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 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 $37.23.

How much money does FirstEnergy make?

FirstEnergy has a market capitalization of $20.26 billion and generates $10.79 billion in revenue each year. The utilities provider earns $1.08 billion in net income (profit) each year or $2.39 on an earnings per share basis.

How many employees does FirstEnergy have?

FirstEnergy employs 12,153 workers across the globe.

Does FirstEnergy have any subsidiaries?

The following companies are subsidiares of FirstEnergy: Allegheny Energy, FirstEnergy Nuclear Operating Company, FirstEnergy Service Company, FirstEnergy Solutions Corp., FirstEnergy Transmission LLC, FirstEnergy Ventures Corp., GPU Inc, Jersey Central Power & Light Company, Marbel Energy Corp., 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.

When was FirstEnergy founded?

FirstEnergy was founded in 1997.

What is FirstEnergy's official website?

The official website for FirstEnergy is www.firstenergycorp.com.

Where are FirstEnergy's headquarters?

FirstEnergy is headquartered at 76 SOUTH MAIN ST, AKRON OH, 44308.

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].