FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates coal-fired, nuclear, hydroelectric, oil and natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,493 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 276,555 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 164,470,215 kilovolt-amperes. The company serves approximately six million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is headquartered in Akron, Ohio.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNYSE:FE
CUSIP33793210
Phone800-736-3402
Debt
Debt-to-Equity Ratio2.18
Current Ratio0.47
Quick Ratio0.41
Price-To-Earnings
Trailing P/E Ratio11.93
Forward P/E Ratio14.94
P/E Growth2.46
Sales & Book Value
Annual Sales$14.02 billion
Price / Sales1.27
Cash Flow$7.0965 per share
Price / Cash5.18
Book Value$8.82 per share
Price / Book4.17
Profitability
EPS (Most Recent Fiscal Year)$3.07
Net Income$-1,724,000,000.00
Net Margins-4.60%
Return on Equity24.39%
Return on Assets3.74%
Miscellaneous
Employees15,617
Outstanding Shares486,020,000
Market Cap$17.61 billion
FirstEnergy (NYSE:FE) Frequently Asked Questions
What is FirstEnergy's stock symbol?
FirstEnergy trades on the New York Stock Exchange (NYSE) under the ticker symbol "FE."
How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy?
FirstEnergy declared a quarterly dividend on Tuesday, July 17th. Shareholders of record on Tuesday, August 7th will be given a dividend of $0.36 per share on Saturday, September 1st. This represents a $1.44 annualized dividend and a yield of 3.93%. The ex-dividend date of this dividend is Monday, August 6th. View FirstEnergy's Dividend History.
How were FirstEnergy's earnings last quarter?
FirstEnergy Corp. (NYSE:FE) issued its quarterly earnings results on Tuesday, July, 31st. The utilities provider reported $0.62 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.53 by $0.09. The utilities provider earned $2.70 billion during the quarter, compared to the consensus estimate of $2.56 billion. FirstEnergy had a negative net margin of 4.60% and a positive return on equity of 24.39%. During the same period in the prior year, the company earned $0.61 earnings per share. View FirstEnergy's Earnings History.
When is FirstEnergy's next earnings date?
What guidance has FirstEnergy issued on next quarter's earnings?
FirstEnergy issued an update on its FY18 earnings guidance on Tuesday, July, 31st. The company provided earnings per share guidance of $2.25-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.38. FirstEnergy also updated its Q3 guidance to $0.65-0.75 EPS.
What price target have analysts set for FE?
13 analysts have issued 1-year target prices for FirstEnergy's shares. Their forecasts range from $32.00 to $47.00. On average, they expect FirstEnergy's stock price to reach $37.43 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for FirstEnergy.
What is the consensus analysts' recommendation for FirstEnergy?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FirstEnergy.
Who are some of FirstEnergy's key competitors?
Some companies that are related to FirstEnergy include Enel S.p.A. ADS Common Stock (ENLAY), Southern (SO), Dominion Energy (D), American Electric Power (AEP), CLP (CLPHY), Tenaga Nasional Bhd (TNABY), Edison International (EIX), PPL (PPL), DTE Energy (DTE), Eversource Energy (ES), Korea Electric Power (KEP), SSE PLC/S (SSEZY), Avangrid (AGR), Entergy (ETR) and EDP-Energias de Portugal, S.A (EDPFY).
Who are FirstEnergy's key executives?
FirstEnergy's management team includes the folowing people:
- Mr. Charles E. Jones Jr., Pres, CEO & Director (Age 62)
- Mr. Steven E. Strah, Sr. VP & CFO (Age 54)
- Ms. Leila L. Vespoli Esq., Exec. VP of Corp. Strategy & Regulatory Affairs and Chief Legal Officer (Age 58)
- Mr. James F. Pearson, Exec. VP of Fin. (Age 64)
- Ms. Irene M. Prezelj, VP, Investor Relations
Has FirstEnergy been receiving favorable news coverage?
News headlines about FE stock have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. FirstEnergy earned a media and rumor sentiment score of 0.12 on Accern's scale. They also gave media stories about the utilities provider an impact score of 45.95 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for FirstEnergy.
Who are FirstEnergy's major shareholders?
FirstEnergy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.81%), LSV Asset Management (3.76%), Renaissance Technologies LLC (2.47%), Bank of New York Mellon Corp (2.01%), FMR LLC (1.91%) and PointState Capital LP (1.12%). Company insiders that own FirstEnergy stock include Charles D Lasky, Donald R Schneider, Donald T Misheff and Gurminder Singh Sangha. 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 Bank of New York Mellon Corp, Thompson Siegel & Walmsley LLC, American Century Companies Inc., Advisors Asset Management Inc., Great West Life Assurance Co. Can, Putnam Investments LLC, Canada Pension Plan Investment Board and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for FirstEnergy.
Which institutional investors are buying FirstEnergy stock?
FE stock was acquired by a variety of institutional investors in the last quarter, including PointState Capital LP, Wedge Capital Management L L P NC, Renaissance Technologies LLC, Millennium Management LLC, FMR LLC, Worldquant Millennium Quantitative Strategies LLC, Epoch Investment Partners Inc. and Morningstar Investment Services LLC. Company insiders that have bought FirstEnergy stock in the last two years include Donald T Misheff and Gurminder Singh Sangha. View Insider Buying and Selling for FirstEnergy.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is FirstEnergy's stock price today?
One share of FE stock can currently be purchased for approximately $36.61.
How big of a company is FirstEnergy?
FirstEnergy has a market capitalization of $17.61 billion and generates $14.02 billion in revenue each year. The utilities provider earns $-1,724,000,000.00 in net income (profit) each year or $3.07 on an earnings per share basis. FirstEnergy employs 15,617 workers across the globe.
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]
MarketBeat Community Rating for FirstEnergy (NYSE FE)
MarketBeat's community ratings are surveys of what our community members think about FirstEnergy and other stocks. Vote "Outperform" if you believe FE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FE will underperform the S&P 500 over the long term. You may vote once every thirty days.
