FirstEnergy - FE Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FE shares.
View FE analyst ratings or view top-rated stocks.

8 equities research analysts have issued twelve-month target prices for FirstEnergy's shares. Their FE share price forecasts range from $40.00 to $53.00. On average, they expect the company's stock price to reach $45.75 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price.
View analysts price targets for FE or view top-rated stocks among Wall Street analysts.

FirstEnergy's stock was trading at $41.59 on January 1st, 2022. Since then, FE shares have decreased by 3.7% and is now trading at $40.05.
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FirstEnergy saw a increase in short interest in August. As of August 15th, there was short interest totaling 6,690,000 shares, an increase of 25.0% from the July 31st total of 5,350,000 shares. Based on an average daily volume of 3,730,000 shares, the days-to-cover ratio is presently 1.8 days.
View FirstEnergy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our FE earnings forecast.

FirstEnergy Corp. (NYSE:FE) posted its quarterly earnings data on Tuesday, July, 26th. The utilities provider reported $0.53 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.01. FirstEnergy had a net margin of 11.78% and a trailing twelve-month return on equity of 15.13%. During the same period last year, the firm posted $0.59 EPS.
Read the conference call transcript.

FirstEnergy announced a quarterly dividend on Monday, September 19th. Investors of record on Monday, November 7th will be given a dividend of $0.39 per share on Thursday, December 1st. This represents a $1.56 annualized dividend and a yield of 3.90%. The ex-dividend date is Friday, November 4th.
Read our dividend analysis for FE.

FirstEnergy (NYSE:FE) pays an annual dividend of $1.56 per share and currently has a dividend yield of 3.85%. The dividend payout ratio is 63.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FE will have a dividend payout ratio of 61.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FE.

FirstEnergy updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $0.70-$0.80 for the period, compared to the consensus EPS estimate of $0.80. The company issued revenue guidance of -.

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.

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).

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

FirstEnergy's stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (7.90%), FMR LLC (3.23%), Price T Rowe Associates Inc. MD (2.02%), Allspring Global Investments Holdings LLC (1.47%), Mitsubishi UFJ Trust & Banking Corp (1.22%) and Legal & General Group Plc (1.05%).
View institutional ownership trends.

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.
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One share of FE stock can currently be purchased for approximately $40.05.

FirstEnergy (NYSE:FE) has a market capitalization of $22.88 billion and generates $11.13 billion in revenue each year. The utilities provider earns $1.28 billion in net income (profit) each year or $2.46 on an earnings per share basis.

The company employs 12,395 workers across the globe.

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.