NYSE:FEFirstEnergy Stock Price, Forecast & News

FirstEnergy's stock was trading at $43.13 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FE stock has decreased by 5.8% and is now trading at $40.64. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for FirstEnergy.

FirstEnergy is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for FirstEnergy.

FirstEnergy Corp. (NYSE:FE) posted its quarterly earnings data on Thursday, April, 23rd. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.03. The utilities provider had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.87 billion. FirstEnergy had a return on equity of 19.57% and a net margin of 6.13%. The company's quarterly revenue was down 6.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 EPS. View FirstEnergy's earnings history.

FirstEnergy announced a quarterly dividend on Tuesday, March 17th. Investors of record on Thursday, May 7th will be paid a dividend of $0.39 per share on Monday, June 1st. This represents a $1.56 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend is Wednesday, May 6th. View FirstEnergy's dividend history.

FirstEnergy updated its FY20 earnings guidance on Thursday, April, 23rd. The company provided earnings per share guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus estimate of $2.46.

10 brokerages have issued 1-year target prices for FirstEnergy's stock. Their forecasts range from $42.00 to $54.00. On average, they expect FirstEnergy's share price to reach $48.55 in the next twelve months. This suggests a possible upside of 19.5% from the stock's current price. View analysts' price targets for FirstEnergy.

News articles about FE stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FirstEnergy earned a coverage optimism score of -3.9 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutFirstEnergy.

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), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and Portland General Electric (POR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other FirstEnergy investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Exxon Mobil (XOM), Pfizer (PFE), Bank of America (BAC), General Electric (GE), AbbVie (ABBV), Amgen (AMGN) and Dominion Energy (D).

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 shareholders include BlackRock Inc. (10.66%), State Street Corp (7.37%), Massachusetts Financial Services Co. MA (5.48%), Nuveen Asset Management LLC (2.30%), Pictet Asset Management Ltd. (1.91%) and Invesco Ltd. (1.66%). Company insiders that own FirstEnergy stock include Christopher D Pappas, 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 Cohen & Steers Inc., Luminus Management LLC, Invesco Ltd., Squarepoint Ops LLC, Massachusetts Financial Services Co. MA, Nuveen Asset Management LLC, Deutsche Bank AG, and Wedge Capital Management L L P NC. View insider buying and selling activity for FirstEnergy.

FE stock was purchased by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Zimmer Partners LP, Prudential PLC, BlackRock Inc., Kingstown Capital Management L.P., Sumitomo Mitsui Trust Holdings Inc., Castle Hook Partners LP, and Banco Santander S.A.. View insider buying and selling activity 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 $40.64.

FirstEnergy has a market capitalization of $22.02 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.

The official website for FirstEnergy is 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]