FirstEnergy Corp. Company Profile (NYSE:FE)

About FirstEnergy Corp. (NYSE:FE)

FirstEnergy Corp. logoFirstEnergy Corp. is a holding company. The Company is engaged in holding, directly or indirectly, all of the outstanding equity of its principal subsidiaries. Its segments include Regulated Distribution, Regulated Transmission, Competitive Energy Services (CES) and Corporate/Other. As of December 31, 2016, the Regulated Distribution segment distributed electricity through the Company's 10 utility operating companies, serving approximately six million customers, and purchased power for its provider of last resort (POLR), standard offer service (SOS), standard offer service (SSO) and default service requirements in Ohio, Pennsylvania, New Jersey and Maryland. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by American Transmission Systems, Incorporated (ATSI) and Trans-Allegheny Interstate Line Company (TrAIL). The CES segment primarily supplies electricity to end use customers through retail and wholesale arrangements.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $14.62 billion
  • Outstanding Shares: 444,304,000
Average Prices:
  • 50 Day Moving Avg: $31.20
  • 200 Day Moving Avg: $30.49
  • 52 Week Range: $27.93 - $34.96
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 13.00
  • P/E Growth: -2.79
Sales & Book Value:
  • Annual Revenue: $13.76 billion
  • Price / Sales: 1.06
  • Book Value: $14.22 per share
  • Price / Book: 2.31
  • Annual Dividend: $1.44
  • Dividend Yield: 4.4%
  • EBIDTA: $3.96 billion
  • Net Margins: 5.26%
  • Return on Equity: 11.20%
  • Return on Assets: 1.61%
  • Debt-to-Equity Ratio: 3.26%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.47%
  • Average Volume: 4.41 million shs.
  • Beta: 0.18
  • Short Ratio: 2.7

Frequently Asked Questions for FirstEnergy Corp. (NYSE:FE)

What is FirstEnergy Corp.'s stock symbol?

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

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

FirstEnergy Corp. declared a quarterly dividend on Tuesday, July 18th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.36 per share on Friday, September 1st. This represents a $1.44 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date is Thursday, August 3rd. View FirstEnergy Corp.'s Dividend History.

How were FirstEnergy Corp.'s earnings last quarter?

FirstEnergy Corp. (NYSE:FE) released its earnings results on Thursday, July, 27th. The company reported $0.61 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.61. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.38 billion. FirstEnergy Corp. had a net margin of 5.26% and a return on equity of 11.20%. The business's quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.56 earnings per share. View FirstEnergy Corp.'s Earnings History.

When will FirstEnergy Corp. make its next earnings announcement?

FirstEnergy Corp. is scheduled to release their next quarterly earnings announcement on Friday, November, 3rd 2017. View Earnings Estimates for FirstEnergy Corp..

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

FirstEnergy Corp. issued an update on its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $2.70-3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.80. FirstEnergy Corp. also updated its Q3 guidance to $0.75-0.90 EPS.

Where is FirstEnergy Corp.'s stock going? Where will FirstEnergy Corp.'s stock price be in 2017?

13 equities research analysts have issued 12-month price targets for FirstEnergy Corp.'s shares. Their forecasts range from $31.00 to $39.00. On average, they anticipate FirstEnergy Corp.'s share price to reach $33.75 in the next twelve months. View Analyst Ratings for FirstEnergy Corp..

What are analysts saying about FirstEnergy Corp. stock?

Here are some recent quotes from research analysts about FirstEnergy Corp. stock:

  • 1. According to Zacks Investment Research, "Shares of FirstEnergy's have declined compared with the industry’s gain in the last twelve months. FirstEnergy’s higher debt/capital ratio compared with peers may further drive up its cost of capital in the rising interest rate environment. In addition, stringent regulatory norms, mild weather and intensifying competition are some of the headwinds. The company’s modernization drive and new generation asset additions will further strengthen its service reliability and lead to customer retention. This has led to its ambitious “Energizing the Future” plan aimed at upgrading and expanding its transmission capabilities. The company is working to transform itself into a regulated company by mid of 2018." (8/8/2017)
  • 2. Goldman Sachs Group, Inc. (The) analysts commented, "Following significant underperformance, with FE ' versus the XLU ' down 10%/19%/27% over the last 6, 12 and 24 months, we upgrade FE to Buy given (1) an attractive relative valuation on a sum of the parts basis ' even after assuming a drag related to the non-regulated or competitive segment, and (2) potential positive catalysts which highlight the value of the core regulated segments. We recognize challenges exist for FE's merchant power segment. But with FE discussing restructuring options, based on EIX's experience in 2012-2014, we view a potential resolution as a positive catalyst, driving an SOTP implied total return of 14% vs. 2% for peers under coverage." (3/23/2017)
  • 3. Jefferies Group LLC analysts commented, "FE reported in-line quarterly estimates and, keeping with their plan to become a regulated utility, took a $9.2B charge associated with the write-down of their competitive assets. While we believe management will be successful in transitioning the company we struggle to see the stock achieving a "regulatedtype" valuation during this period and maintain our Hold rating." (2/23/2017)

Who are some of FirstEnergy Corp.'s key competitors?

Who are FirstEnergy Corp.'s key executives?

FirstEnergy Corp.'s management team includes the folowing people:

  • Charles Edward Jones Jr., President, Chief Executive Officer, Director
  • James F. Pearson, Chief Financial Officer, Executive Vice President
  • Steven E. Strah, Senior Vice President
  • K. Jon Taylor, Chief Accounting Officer, Vice President, Controller
  • Ebony L. Yeboah-Amankwah, Vice President, Corporate Secretary
  • Yeboah Amankwah, Vice President - State and Federal Regulatory Legal Affairs
  • Leila L. Vespoli, Executive Vice President, Corporate Strategy, Regulatory Affairs and Chief Legal Officer
  • George M. Smart, Non-Executive Independent Chairman of the Board
  • Paul T. Addison, Independent Director
  • Michael J. Anderson CPA, Independent Director

Who owns FirstEnergy Corp. stock?

FirstEnergy Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.99%), BlackRock Inc. (9.91%), State Street Corp (7.55%), LSV Asset Management (3.25%), Bank of New York Mellon Corp (2.60%) and Thompson Siegel & Walmsley LLC (1.37%). Company insiders that own FirstEnergy Corp. stock include Charles D Lasky, Donald R Schneider and Steven E Strah. View Institutional Ownership Trends for FirstEnergy Corp..

Who sold FirstEnergy Corp. stock? Who is selling FirstEnergy Corp. stock?

FirstEnergy Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Old Mutual Global Investors UK Ltd., Ameriprise Financial Inc., State Street Corp, Numeric Investors LLC, Los Angeles Capital Management & Equity Research Inc., State of Tennessee Treasury Department and AJO LP. Company insiders that have sold FirstEnergy Corp. stock in the last year include Charles D Lasky and Donald R Schneider. View Insider Buying and Selling for FirstEnergy Corp..

Who bought FirstEnergy Corp. stock? Who is buying FirstEnergy Corp. stock?

FirstEnergy Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Thompson Siegel & Walmsley LLC, Parametric Portfolio Associates LLC, Great West Life Assurance Co. Can, State of New Jersey Common Pension Fund D, American Century Companies Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for FirstEnergy Corp..

How do I buy FirstEnergy Corp. stock?

Shares of FirstEnergy Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is FirstEnergy Corp.'s stock price today?

One share of FirstEnergy Corp. stock can currently be purchased for approximately $32.90.

MarketBeat Community Rating for FirstEnergy Corp. (NYSE FE)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  510 (Vote Underperform)
Total Votes:  782
MarketBeat's community ratings are surveys of what our community members think about FirstEnergy Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for FirstEnergy Corp. (NYSE:FE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 10 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.23)
Consensus Price Target: $33.75 (2.58% upside)

Analysts' Ratings History for FirstEnergy Corp. (NYSE:FE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/14/2017Evercore ISIUpgradeIn-Line -> Outperform$30.00 -> $35.00LowView Rating Details
8/10/2017Morgan StanleySet Price TargetBuy$37.00 -> $39.00LowView Rating Details
7/31/2017Jefferies Group LLCReiterated RatingHold$31.00 -> $33.00LowView Rating Details
7/31/2017Deutsche Bank AGReiterated RatingHold$31.00 -> $34.00LowView Rating Details
7/19/2017Citigroup Inc.Lower Price TargetNeutral$32.00 -> $31.00MediumView Rating Details
7/14/2017Tudor PickeringUpgradeTrim -> HoldMediumView Rating Details
6/26/2017Goldman Sachs Group, Inc. (The)DowngradePositive -> NeutralLowView Rating Details
6/26/2017Wolfe ResearchUpgradeUnderperform -> Market Perform$30.00 -> $32.00LowView Rating Details
6/19/2017Barclays PLCReiterated RatingOverweight$36.00 -> $37.00LowView Rating Details
5/1/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$36.00 -> $32.00MediumView Rating Details
4/19/2017MizuhoReiterated RatingNeutral$31.25LowView Rating Details
1/10/2017Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
1/4/2017Royal Bank Of CanadaSet Price TargetHold$33.00N/AView Rating Details
8/8/2016Bank of America CorporationUpgradeNeutral -> Buy$41.00 -> $40.00N/AView Rating Details
5/20/2016BMO Capital MarketsReiterated RatingHold$35.00N/AView Rating Details
3/28/2016MacquarieLower Price TargetOutperform$40.00 -> $36.50N/AView Rating Details
12/3/2015GuggenheimUpgradeNeutral -> Buy$39.00N/AView Rating Details
(Data available from 8/23/2015 forward)


Earnings History for FirstEnergy Corp. (NYSE:FE)
Earnings by Quarter for FirstEnergy Corp. (NYSE:FE)
Earnings History by Quarter for FirstEnergy Corp. (NYSE FE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.91N/AView Earnings Details
7/27/2017Q2 2017$0.61$0.61$3.38 billion$3.30 billionViewN/AView Earnings Details
4/27/2017Q1 2017$0.71$0.78$3.64 billion$3.60 billionViewN/AView Earnings Details
2/21/2017Q416$0.40$0.38$3.82 billion$3.40 billionViewN/AView Earnings Details
11/4/2016Q316$0.76$0.90$3.83 billion$3.92 billionViewN/AView Earnings Details
7/28/2016Q216$0.54$0.56$3.38 billion$3.40 billionViewN/AView Earnings Details
4/26/2016Q116$0.75$0.80$3.86 billion$3.90 billionViewN/AView Earnings Details
2/16/2016Q415$0.57$0.58$3.92 billion$3.54 billionViewListenView Earnings Details
10/29/2015Q315$0.88$0.98$3.99 billion$4.10 billionViewListenView Earnings Details
7/30/2015Q215$0.48$0.53$3.31 billion$3.50 billionViewListenView Earnings Details
5/1/2015Q115$0.52$0.62$3.67 billion$3.90 billionViewN/AView Earnings Details
2/17/2015Q414$0.76$0.80$4.29 billion$3.50 billionViewN/AView Earnings Details
11/4/2014Q314$0.88$0.89$4.12 billion$3.90 billionViewN/AView Earnings Details
8/5/2014Q214$0.45$0.48$3.32 billion$3.50 billionViewN/AView Earnings Details
5/6/2014Q114$0.41$0.39$3.26 billion$4.19 billionViewN/AView Earnings Details
2/25/2014Q413$0.69$0.75$4.28 billionViewN/AView Earnings Details
11/5/2013Q313$0.92$0.94$4.30 billionViewN/AView Earnings Details
8/6/2013Q2 2013$0.54$0.59$3.61 billionViewListenView Earnings Details
5/7/2013Q1 2013$0.67$0.76$3.66 billionViewListenView Earnings Details
2/25/2013Q4 2012$0.80$0.80$4.60 billionViewListenView Earnings Details
11/8/2012Q312$1.07$1.11$4.66 billionViewN/AView Earnings Details
8/7/2012$0.65$0.59ViewN/AView Earnings Details
5/1/2012$0.80$0.82ViewN/AView Earnings Details
2/28/2012$0.85$0.77ViewN/AView Earnings Details
11/1/2011$1.22$1.34ViewN/AView Earnings Details
8/2/2011$0.71$0.65ViewN/AView Earnings Details
5/2/2011$0.74$0.69ViewN/AView Earnings Details
2/16/2011$0.76$0.71ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for FirstEnergy Corp. (NYSE:FE)
2017 EPS Consensus Estimate: $2.73
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.70$0.72$0.71
Q2 20172$0.60$0.62$0.61
Q3 20171$0.85$0.85$0.85
Q4 20171$0.56$0.56$0.56
(Data provided by Zacks Investment Research)


Current Dividend Information for FirstEnergy Corp. (NYSE:FE)
Next Dividend:9/1/2017
Annual Dividend:$1.44
Dividend Yield:4.38%
Dividend Growth:-13.20% (3 Year Average)
Payout Ratio:-12.31% (Trailing 12 Months of Earnings)
51.06% (Based on This Year's Estimates)
56.92% (Based on Next Year's Estimates)
Dividend Payments by Quarter for FirstEnergy Corp. (NYSE:FE)

Dividend History by Quarter for FirstEnergy Corp. (NYSE FE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for FirstEnergy Corp. (NYSE:FE)
Insider Ownership Percentage: 0.29%
Institutional Ownership Percentage: 78.75%
Insider Trades by Quarter for FirstEnergy Corp. (NYSE:FE)
Institutional Ownership by Quarter for FirstEnergy Corp. (NYSE:FE)
Insider Trades by Quarter for FirstEnergy Corp. (NYSE:FE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/20/2016Charles D LaskySVPSell5,149$31.36$161,472.64View SEC Filing  
12/20/2016Donald R SchneiderInsiderSell6,525$31.36$204,624.00View SEC Filing  
3/14/2016Steven E StrahSVPBuy560$35.59$19,930.40View SEC Filing  
5/4/2015Anthony J AlexanderChairmanSell54,436$36.85$2,005,966.60View SEC Filing  
2/26/2015Bennett L GainesSVPSell5,400$35.78$193,212.00View SEC Filing  
12/26/2014Lynnette M CavalierVPSell10,000$40.00$400,000.00View SEC Filing  
12/11/2014Lynnette M CavalierVPSell7,500$38.00$285,000.00View SEC Filing  
10/9/2014Lynnette M CavalierVPSell5,000$35.00$175,000.00View SEC Filing  
8/13/2014Bennett L GainesSVPSell5,400$32.25$174,150.00View SEC Filing  
5/29/2014Donald R SchneiderInsiderSell13,264$33.48$444,078.72View SEC Filing  
5/15/2014Charles JonesEVPSell14,010$32.28$452,242.80View SEC Filing  
3/12/2014Michael DowlingSVPSell4,379$30.80$134,873.20View SEC Filing  
8/5/2013Lynnette CavalierVPSell12,838$37.34$479,370.92View SEC Filing  
6/28/2013Charles E JonesSVPSell2,000$37.11$74,220.00View SEC Filing  
8/22/2012James H LashInsiderSell13,925$45.68$636,094.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for FirstEnergy Corp. (NYSE:FE)
Latest Headlines for FirstEnergy Corp. (NYSE:FE)
DateHeadline logoPotomac Edison Customers Can Save $10,000 off the Price of an All-Electric Nissan LEAF with Special Rebate Offer - August 23 at 5:15 AM logoFirst of what could be many Ohio natural gas plants now online - August 21 at 11:06 PM logoOhio governor not backing bailout for state's nuclear plants - August 21 at 6:05 PM logoThursday Sector Leaders: Utilities, Consumer Products - Nasdaq - August 17 at 7:53 PM logoJCP&L Customers Can Save $10,000 off the Price of an All-Electric Nissan LEAF with Special Rebate Offer - August 17 at 7:53 PM logoUPDATE: Evercore ISI Upgrades FirstEnergy Corp. (FE) to Outperform - August 14 at 11:58 PM logoUPDATE: Evercore ISI Upgrades FirstEnergy Corp. (FE) to Outperform - - August 14 at 6:57 PM logoA Look at Utilities with Attractive Potential Gains - August 14 at 6:57 PM logoFirstEnergy Unit's Bankruptcy A Bigger Catalyst Than It Seemed? - August 14 at 6:57 PM logoSee what the IHS Markit Score report has to say about FirstEnergy Corp. - August 12 at 5:51 PM logoFirstEnergy Corporation (NYSE:FE) Given Average Recommendation of "Hold" by Brokerages - August 12 at 12:28 PM logoETFs with exposure to FirstEnergy Corp. : August 11, 2017 - August 11 at 7:02 PM logoInside the Revenue Growth of SO, ETR, and FE - August 10 at 7:55 PM logoFirstEnergy Corporation (FE) Price Target Raised to $39.00 at Morgan Stanley - August 10 at 7:02 PM logoLine and Substation Equipment Work Underway in Penelec Area to Enhance Service Reliability - PR Newswire (press release) - August 8 at 3:17 PM logoWest Penn Power spends $21M on power, substation projects in 2017 - Pittsburgh Business Times - August 8 at 3:17 PM logoLine and Substation Equipment Work Underway in Penelec Area to Enhance Service Reliability - August 8 at 3:17 PM logoLine and Substation Equipment Work Underway in Met-Ed Area to Enhance Service Reliability - August 8 at 3:17 PM logoLine and Substation Equipment Work Underway at West Penn Power to Enhance Service Reliability - August 8 at 3:17 PM logoFirstEnergy Corporation (FE) Upgraded to Buy at ValuEngine - August 7 at 11:50 PM logoFirstEnergy Introduces Redesigned Website - PR Newswire (press release) - August 4 at 6:52 PM logoPinnacle West Capital (PNW) Q2 Earnings Surpasses Estimates - August 3 at 9:05 PM logoJCP&L Completes 30 Distribution Line Upgrades to Enhance Service to Customers - August 3 at 3:52 PM logoFirstEnergy Introduces Redesigned Website - August 3 at 3:52 PM logoJefferies Group Comments on FirstEnergy Corporation's Q3 2017 Earnings (NYSE:FE) - August 3 at 8:28 AM logoFirstEnergy Corp. (FE) PT Raised to $33 at Jefferies Following 2Q Beat - - August 2 at 7:31 PM logoFirstEnergy Corporation (FE) Ex-Dividend Date Scheduled for August 03, 2017 - Nasdaq - August 2 at 7:31 PM logoNiSource's (NI) Q2 Earnings In Line, Sales Beat Estimates - August 2 at 7:31 PM logoFirstEnergy Corporation (FE) Earns "Hold" Rating from Jefferies Group LLC - July 31 at 9:56 PM logoDeutsche Bank AG Boosts FirstEnergy Corporation (FE) Price Target to $34.00 - July 31 at 7:20 PM logoFirstEnergy Corp. (FE) PT Raised to $33 at Jefferies Following 2Q Beat - July 31 at 6:20 PM logoEdited Transcript of FE earnings conference call or presentation 28-Jul-17 2:00pm GMT - July 29 at 2:56 AM logoFirstEnergy (FE) Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - July 28 at 9:55 PM logo[$$] FirstEnergy to Meet With Creditors Next Week for Restructuring Talks - July 28 at 9:55 PM logoFirstEnergy Corporation (NYSE:FE) Issues Earnings Results - July 28 at 8:32 PM logoShould You Sell FirstEnergy (FE) Before Earnings? - Nasdaq - July 28 at 4:53 PM logoFirstEnergy (FE) Q2 Earnings Meet, Revenues Miss Estimates - July 28 at 4:52 PM logoFirstEnergy Corp. :FE-US: Earnings Analysis: Q2, 2017 By the Numbers : July 28, 2017 - July 28 at 4:52 PM logoEARNINGS SUMMARY: Details of FirstEnergy Corp. Q2 Earnings Report - July 28 at 12:13 AM logoFirstEnergy Corporation (NYSE:FE) Releases FY17 Earnings Guidance - July 27 at 11:14 PM logoFirstEnergy Corporation (FE) Releases Q3 Earnings Guidance - July 27 at 11:14 PM logoFirstEnergy Announces Second Quarter 2017 Results - July 27 at 7:09 PM logoFirstEnergy meets 2Q profit forecasts - July 27 at 7:08 PM logo Brokerages Anticipate FirstEnergy Corporation (NYSE:FE) Will Announce Earnings of $0.61 Per Share - July 26 at 11:56 PM logoShould You Sell FirstEnergy (FE) Before Earnings? - July 26 at 7:11 PM logoFirstEnergy Corporation to Post Q2 2017 Earnings of $0.62 Per Share, KeyCorp Forecasts (NYSE:FE) - July 26 at 9:02 AM logoWhat's in Store for FirstEnergy (FE) This Earnings Season? - July 24 at 8:05 PM logoWhat's in Store for FirstEnergy (FE) This Earnings Season? - July 24 at 8:05 PM logoAnalyzing PNM Resources, Inc. (Holding Co.) (PNM) & FirstEnergy Corporation (FE) - July 21 at 4:36 PM logoFirstEnergy to Webcast Second Quarter Earnings Teleconference - PR Newswire (press release) - July 20 at 4:15 PM



FirstEnergy Corp. (FE) Chart for Wednesday, August, 23, 2017

This page was last updated on 8/23/2017 by Staff