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. Stockholders of record on Friday, February 7th will be paid a dividend of $0.39 per share on Sunday, March 1st. This represents a $1.56 annualized dividend and a dividend yield of 2.99%. The ex-dividend date of this dividend 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 EPS for the quarter, beating 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 return on equity of 19.57% and a net margin of 8.26%. During the same period in the prior year, the company earned $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 EPS guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.48.

7 brokerages have issued twelve-month price targets for FirstEnergy's shares. Their forecasts range from $46.00 to $54.00. On average, they expect FirstEnergy's share price to reach $50.43 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. 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.

News headlines about FE stock have been trending somewhat negative this week, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. FirstEnergy earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. 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), Entergy (ETR), PPL (PPL), 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 bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., State Street Corp, Boston Partners, Pictet Asset Management Ltd., Renaissance Technologies LLC, Massachusetts Financial Services Co. MA, LNZ Capital LP and Schroder Investment Management Group. 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 $52.23.

FirstEnergy has a market capitalization of $28.24 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]