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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
NYSE:FE

FirstEnergy - FE Stock Forecast, Price & News

$39.52
-1.48 (-3.61%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$39.30
$41.09
50-Day Range
$39.52
$43.09
52-Week Range
$35.32
$48.85
Volume
6.98 million shs
Average Volume
4.09 million shs
Market Capitalization
$22.60 billion
P/E Ratio
18.05
Dividend Yield
3.95%
Price Target
$44.13

FirstEnergy MarketRank™ Forecast

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
11.7% Upside
$44.13 Price Target
Short Interest
Healthy
1.31% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.52
Upright™ Environmental Score
News Sentiment
0.24mentions of FirstEnergy in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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 stars

Utilities Sector

62nd out of 85 stocks

Electric Services Industry

28th out of 41 stocks

FE stock logo

About FirstEnergy (NYSE:FE) Stock

FirstEnergy 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.

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FE Stock News Headlines

'Boom': FirstEnergy exec text revels in landing state plane
New 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 legislation
Ohio House ex-speaker's trial in $60M bribery probe to begin
Former 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 history
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
FirstEnergy Earns 2023 Military Friendly® Company Award
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
FirstEnergy Upgrades Transmission Line in Eastern Ohio
FirstEnergy and PJM Ask Customers to Conserve Electricity
JCP&L Completes Winter Readiness Maintenance, Inspections
FirstEnergy Named a 2022 Leading Disability Employer
See More Headlines
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FE Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 12/1 Dividend
11/04/2022
Dividend Payable
12/01/2022
Today
2/05/2023
Ex-Dividend for 3/1 Dividend
2/06/2023
Next Earnings (Confirmed)
2/13/2023
Dividend Payable
3/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
33793210
Employees
12,395
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$44.13
High Stock Price Forecast
$51.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+11.7%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$1.28 billion
Pretax Margin
12.90%

Debt

Sales & Book Value

Annual Sales
$11.13 billion
Cash Flow
$5.55 per share
Book Value
$15.93 per share

Miscellaneous

Free Float
570,609,000
Market Cap
$22.60 billion
Optionable
Optionable
Beta
0.42

Social Links


Key Executives

  • John W. Somerhalder
    Chairman, President & Chief Executive Officer
  • Samuel L. Belcher
    Senior Vice President-Operations
  • K. Jon Taylor
    Chief Financial Officer & Senior Vice President
  • Ernest N. Maley
    Chief Information Officer & Vice President
  • Antonio Fernández
    Vice President, Chief Ethics & Compliance Officer













FE Stock - Frequently Asked Questions

Should I buy or sell FirstEnergy stock right now?

8 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, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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 shares. Their FE share price forecasts range from $38.00 to $51.00. On average, they expect the company's share price to reach $44.13 in the next year. This suggests a possible upside of 11.7% 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 5.8% and is now trading at $39.52.
View the best growth stocks for 2023 here
.

Are investors shorting FirstEnergy?

FirstEnergy saw a increase in short interest in 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 volume of 3,470,000 shares, the days-to-cover ratio is currently 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) released its quarterly earnings results on Thursday, October, 28th. The utilities provider reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.03. The utilities provider earned $3.10 billion during the quarter, compared to the consensus estimate of $3.11 billion. FirstEnergy had a trailing twelve-month return on equity of 13.76% and a net margin of 10.35%. FirstEnergy's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.84 earnings per share.
Read the conference call transcript
.

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

FirstEnergy declared 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 dividend yield of 3.95%. The ex-dividend date of this dividend 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 3.80%. 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 many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.45%), Bank of Montreal Can (0.62%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), New York State Teachers Retirement System (0.11%), New York State Common Retirement Fund (0.11%) and Gateway Investment Advisers LLC (0.06%).
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 $39.52.

How much money does FirstEnergy make?

FirstEnergy (NYSE:FE) has a market capitalization of $22.60 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 2/5/2023 by MarketBeat.com Staff