FirstEnergy Corporation Company Profile (NYSE:FE)

About FirstEnergy Corporation (NYSE:FE)

FirstEnergy Corporation logoFirstEnergy Corp. is a holding company. The Company is engaged in holding, directly or indirectly, all of the outstanding equity of its principal subsidiaries. Its segments include Regulated Distribution, Regulated Transmission, Competitive Energy Services (CES) and Corporate/Other. As of December 31, 2016, the Regulated Distribution segment distributed electricity through the Company's 10 utility operating companies, serving approximately six million customers, and purchased power for its provider of last resort (POLR), standard offer service (SOS), standard offer service (SSO) and default service requirements in Ohio, Pennsylvania, New Jersey and Maryland. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by American Transmission Systems, Incorporated (ATSI) and Trans-Allegheny Interstate Line Company (TrAIL). The CES segment primarily supplies electricity to end use customers through retail and wholesale arrangements.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:FE
  • CUSIP: 33793210
  • Web: www.firstenergycorp.com
Capitalization:
  • Market Cap: $14.28 billion
  • Outstanding Shares: 444,304,000
Average Prices:
  • 50 Day Moving Avg: $31.58
  • 200 Day Moving Avg: $30.70
  • 52 Week Range: $27.93 - $34.83
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.75
  • P/E Growth: -1.98
Sales & Book Value:
  • Annual Revenue: $13.76 billion
  • Price / Sales: 1.04
  • Book Value: $14.22 per share
  • Price / Book: 2.26
Dividend:
  • Annual Dividend: $1.44
  • Dividend Yield: 4.5%
Profitability:
  • EBITDA: $3.96 billion
  • Net Margins: -35.59%
  • Return on Equity: 15.41%
  • Return on Assets: 2.56%
Debt:
  • Debt-to-Equity Ratio: 3.26%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.47%
Misc:
  • Average Volume: 4.06 million shs.
  • Beta: 0.19
  • Short Ratio: 2.7
 

Frequently Asked Questions for FirstEnergy Corporation (NYSE:FE)

What is FirstEnergy Corporation's stock symbol?

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

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

FirstEnergy Corporation declared a quarterly dividend on Tuesday, September 19th. Stockholders of record on Tuesday, November 7th will be given a dividend of $0.36 per share on Friday, December 1st. This represents a $1.44 annualized dividend and a dividend yield of 4.48%. The ex-dividend date is Monday, November 6th. View FirstEnergy Corporation's Dividend History.

How were FirstEnergy Corporation's earnings last quarter?

FirstEnergy Corporation (NYSE:FE) posted its quarterly earnings data on Thursday, July, 27th. The company reported $0.61 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.61. The firm had revenue of $3.30 billion for the quarter, compared to analysts' expectations of $3.38 billion. FirstEnergy Corporation had a positive return on equity of 15.41% and a negative net margin of 35.59%. The firm's quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.56 EPS. View FirstEnergy Corporation's Earnings History.

When will FirstEnergy Corporation make its next earnings announcement?

FirstEnergy Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for FirstEnergy Corporation.

What guidance has FirstEnergy Corporation issued on next quarter's earnings?

FirstEnergy Corporation updated its FY17 earnings guidance on Thursday, July, 27th. The company provided EPS guidance of $2.70-3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.80. FirstEnergy Corporation also updated its Q3 guidance to $0.75-0.90 EPS.

Where is FirstEnergy Corporation's stock going? Where will FirstEnergy Corporation's stock price be in 2017?

14 analysts have issued twelve-month price targets for FirstEnergy Corporation's shares. Their predictions range from $31.25 to $40.00. On average, they anticipate FirstEnergy Corporation's share price to reach $34.30 in the next year. View Analyst Ratings for FirstEnergy Corporation.

What are analysts saying about FirstEnergy Corporation stock?

Here are some recent quotes from research analysts about FirstEnergy Corporation stock:

  • 1. According to Zacks Investment Research, "Shares of FirstEnergy's have gained higher than the industry in the last three months. FirstEnergy’s modernization drive and new generation asset additions have led to its ambitious “Energizing the Future” plan aimed at upgrading and expanding its transmission capabilities. FirstEnergy is also gaining from industrial load growth. The company is working to transform itself into a regulated company by mid of 2018. It has secured regulatory approvals for base rate increase in Pennsylvania, New Jersey and Ohio which are expected to boost its top line in 2017. However, FirstEnergy’s higher debt/capital ratio compared with peers may further drive up its cost of capital in the rising interest rate environment. High competition in the wholesale and retail electric markets can affect its top line. In addition, stringent regulatory norms, mild weather and intensifying competition are some of the headwinds." (9/26/2017)
  • 2. Goldman Sachs Group, Inc. (The) analysts commented, "Following significant underperformance, with FE ' versus the XLU ' down 10%/19%/27% over the last 6, 12 and 24 months, we upgrade FE to Buy given (1) an attractive relative valuation on a sum of the parts basis ' even after assuming a drag related to the non-regulated or competitive segment, and (2) potential positive catalysts which highlight the value of the core regulated segments. We recognize challenges exist for FE's merchant power segment. But with FE discussing restructuring options, based on EIX's experience in 2012-2014, we view a potential resolution as a positive catalyst, driving an SOTP implied total return of 14% vs. 2% for peers under coverage." (3/23/2017)
  • 3. Jefferies Group LLC analysts commented, "FE reported in-line quarterly estimates and, keeping with their plan to become a regulated utility, took a $9.2B charge associated with the write-down of their competitive assets. While we believe management will be successful in transitioning the company we struggle to see the stock achieving a "regulatedtype" valuation during this period and maintain our Hold rating." (2/23/2017)

Who are some of FirstEnergy Corporation's key competitors?

Who are FirstEnergy Corporation's key executives?

FirstEnergy Corporation's management team includes the folowing people:

  • Charles Edward Jones Jr., President, Chief Executive Officer, Director
  • James F. Pearson, Chief Financial Officer, Executive Vice President
  • Steven E. Strah, Senior Vice President
  • K. Jon Taylor, Chief Accounting Officer, Vice President, Controller
  • Ebony L. Yeboah-Amankwah, Vice President, Corporate Secretary
  • Yeboah Amankwah, Vice President - State and Federal Regulatory Legal Affairs
  • Leila L. Vespoli, Executive Vice President, Corporate Strategy, Regulatory Affairs and Chief Legal Officer
  • George M. Smart, Non-Executive Independent Chairman of the Board
  • Paul T. Addison, Independent Director
  • Michael J. Anderson CPA, Independent Director

Who owns FirstEnergy Corporation stock?

FirstEnergy Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.45%), Nationwide Fund Advisors (0.23%), PGGM Investments (0.09%), Crow Point Partners LLC (0.07%), Robeco Institutional Asset Management B.V. (0.06%) and Northpointe Capital LLC (0.03%). Company insiders that own FirstEnergy Corporation stock include Charles D Lasky, Donald R Schneider, Donald T Misheff and Steven E Strah. View Institutional Ownership Trends for FirstEnergy Corporation.

Who sold FirstEnergy Corporation stock? Who is selling FirstEnergy Corporation stock?

FirstEnergy Corporation's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Nationwide Fund Advisors, Robeco Institutional Asset Management B.V., Northpointe Capital LLC, RDL Financial Inc. and State Treasurer State of Michigan. Company insiders that have sold FirstEnergy Corporation stock in the last year include Charles D Lasky and Donald R Schneider. View Insider Buying and Selling for FirstEnergy Corporation.

Who bought FirstEnergy Corporation stock? Who is buying FirstEnergy Corporation stock?

FirstEnergy Corporation's stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Crow Point Partners LLC, Shell Asset Management Co. and Mutual of America Capital Management LLC. Company insiders that have bought FirstEnergy Corporation stock in the last two years include Donald T Misheff and Steven E Strah. View Insider Buying and Selling for FirstEnergy Corporation.

How do I buy FirstEnergy Corporation stock?

Shares of FirstEnergy Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is FirstEnergy Corporation's stock price today?

One share of FirstEnergy Corporation stock can currently be purchased for approximately $32.13.


MarketBeat Community Rating for FirstEnergy Corporation (NYSE FE)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  299 (Vote Outperform)
Underperform Votes:  545 (Vote Underperform)
Total Votes:  844
MarketBeat's community ratings are surveys of what our community members think about FirstEnergy Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for FirstEnergy Corporation (NYSE:FE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 10 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $34.30 (6.74% upside)
Consensus Price Target History for FirstEnergy Corporation (NYSE:FE)
Price Target History for FirstEnergy Corporation (NYSE:FE)
Analysts' Ratings History for FirstEnergy Corporation (NYSE:FE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017KeyCorpReiterated RatingHoldN/AView Rating Details
10/17/2017Citigroup Inc.Boost Price TargetNeutral$31.00 -> $34.00N/AView Rating Details
10/17/2017Deutsche Bank AGUpgradeHold -> BuyN/AView Rating Details
10/12/2017J P Morgan Chase & CoSet Price TargetHold$32.00 -> $34.00N/AView Rating Details
9/8/2017Morgan StanleyBoost Price TargetOverweight$39.00 -> $40.00LowView Rating Details
8/14/2017Evercore ISIUpgradeIn-Line -> Outperform$30.00 -> $35.00LowView Rating Details
7/31/2017Jefferies Group LLCReiterated RatingHold$31.00 -> $33.00LowView Rating Details
7/14/2017Tudor PickeringUpgradeTrim -> HoldMediumView Rating Details
6/26/2017Goldman Sachs Group, Inc. (The)DowngradePositive -> NeutralLowView Rating Details
6/26/2017Wolfe ResearchUpgradeUnderperform -> Market Perform$30.00 -> $32.00LowView Rating Details
6/19/2017Barclays PLCReiterated RatingOverweight$36.00 -> $37.00LowView Rating Details
4/19/2017MizuhoReiterated RatingNeutral$31.25LowView Rating Details
1/10/2017Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
1/4/2017Royal Bank Of CanadaSet Price TargetHold$33.00N/AView Rating Details
8/8/2016Bank of America CorporationUpgradeNeutral -> Buy$41.00 -> $40.00N/AView Rating Details
5/20/2016BMO Capital MarketsReiterated RatingHold$35.00N/AView Rating Details
3/28/2016MacquarieLower Price TargetOutperform$40.00 -> $36.50N/AView Rating Details
12/3/2015GuggenheimUpgradeNeutral -> Buy$39.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for FirstEnergy Corporation (NYSE:FE)
Earnings by Quarter for FirstEnergy Corporation (NYSE:FE)
Earnings History by Quarter for FirstEnergy Corporation (NYSE FE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.91N/AView Earnings Details
7/27/2017Q2 2017$0.61$0.61$3.38 billion$3.30 billionViewN/AView Earnings Details
4/27/2017Q1 2017$0.71$0.78$3.64 billion$3.60 billionViewN/AView Earnings Details
2/21/2017Q416$0.40$0.38$3.82 billion$3.40 billionViewN/AView Earnings Details
11/4/2016Q316$0.76$0.90$3.83 billion$3.92 billionViewN/AView Earnings Details
7/28/2016Q216$0.54$0.56$3.38 billion$3.40 billionViewN/AView Earnings Details
4/26/2016Q116$0.75$0.80$3.86 billion$3.90 billionViewN/AView Earnings Details
2/16/2016Q415$0.57$0.58$3.92 billion$3.54 billionViewListenView Earnings Details
10/29/2015Q315$0.88$0.98$3.99 billion$4.10 billionViewListenView Earnings Details
7/30/2015Q215$0.48$0.53$3.31 billion$3.50 billionViewListenView Earnings Details
5/1/2015Q115$0.52$0.62$3.67 billion$3.90 billionViewN/AView Earnings Details
2/17/2015Q414$0.76$0.80$4.29 billion$3.50 billionViewN/AView Earnings Details
11/4/2014Q314$0.88$0.89$4.12 billion$3.90 billionViewN/AView Earnings Details
8/5/2014Q214$0.45$0.48$3.32 billion$3.50 billionViewN/AView Earnings Details
5/6/2014Q114$0.41$0.39$3.26 billion$4.19 billionViewN/AView Earnings Details
2/25/2014Q413$0.69$0.75$4.28 billionViewN/AView Earnings Details
11/5/2013Q313$0.92$0.94$4.30 billionViewN/AView Earnings Details
8/6/2013Q2 2013$0.54$0.59$3.61 billionViewListenView Earnings Details
5/7/2013Q1 2013$0.67$0.76$3.66 billionViewListenView Earnings Details
2/25/2013Q4 2012$0.80$0.80$4.60 billionViewListenView Earnings Details
11/8/2012Q312$1.07$1.11$4.66 billionViewN/AView Earnings Details
8/7/2012$0.65$0.59ViewN/AView Earnings Details
5/1/2012$0.80$0.82ViewN/AView Earnings Details
2/28/2012$0.85$0.77ViewN/AView Earnings Details
11/1/2011$1.22$1.34ViewN/AView Earnings Details
8/2/2011$0.71$0.65ViewN/AView Earnings Details
5/2/2011$0.74$0.69ViewN/AView Earnings Details
2/16/2011$0.76$0.71ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for FirstEnergy Corporation (NYSE:FE)
2017 EPS Consensus Estimate: $2.74
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.70$0.72$0.71
Q2 20172$0.60$0.62$0.61
Q3 20172$0.85$0.86$0.86
Q4 20171$0.56$0.56$0.56
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for FirstEnergy Corporation (NYSE:FE)
Next Dividend:12/1/2017
Annual Dividend:$1.44
Dividend Yield:4.48%
Dividend Growth:-13.20% (3 Year Average)
Payout Ratio:-12.31% (Trailing 12 Months of Earnings)
51.06% (Based on This Year's Estimates)
57.14% (Based on Next Year's Estimates)
Dividend Payments by Quarter for FirstEnergy Corporation (NYSE:FE)

Dividend History by Quarter for FirstEnergy Corporation (NYSE FE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/19/2017quarterly$0.364.62%11/6/201711/7/201712/1/2017
7/18/2017quarterly$0.364.69%8/3/20178/7/20179/1/2017
3/21/2017quarterly$0.364.58%5/3/20175/5/20176/1/2017
1/17/2017quarterly$0.364.68%2/3/20172/7/20173/1/2017
9/20/2016quarterly$0.364.17%11/3/201611/7/201612/1/2016
7/19/2016quarterly$0.364%8/3/20168/5/20169/1/2016
3/15/2016quarterly$0.364.01%5/4/20165/6/20166/1/2016
1/19/2016quarterly$0.364.63%2/3/20162/5/20163/1/2016
9/15/2015quarterly$0.364.56%11/4/201511/6/201512/1/2015
7/21/2015quarterly$0.364.32%8/5/20158/7/20159/1/2015
3/17/2015quarterly$0.363.99%5/5/20155/7/20156/1/2015
1/20/2015quarterly$0.363.49%2/4/20152/6/20153/1/2015
9/16/2014quarterly$0.364.15%11/5/201411/7/201412/1/2014
7/15/2014quarterly$0.364.47%8/5/20148/7/20149/1/2014
3/18/2014quarterly$0.364.54%5/5/20145/7/20146/1/2014
1/21/2014quarterly$0.364.63%2/5/20142/7/20143/1/2014
9/17/2013quarterly$0.555.8%11/5/201311/7/201312/1/2013
7/16/2013quarterly$0.555.72%8/5/20138/7/20139/1/2013
3/19/2013quarterly$0.555.24%5/3/20135/7/20136/1/2013
12/18/2012quarterly$0.555.3%2/5/20132/7/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for FirstEnergy Corporation (NYSE:FE)
Insider Ownership Percentage: 0.29%
Institutional Ownership Percentage: 80.02%
Insider Trades by Quarter for FirstEnergy Corporation (NYSE:FE)
Institutional Ownership by Quarter for FirstEnergy Corporation (NYSE:FE)
Insider Trades by Quarter for FirstEnergy Corporation (NYSE:FE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/11/2017Donald T MisheffDirectorBuy100$32.53$3,253.00View SEC Filing  
12/20/2016Charles D LaskySVPSell5,149$31.36$161,472.64View SEC Filing  
12/20/2016Donald R SchneiderInsiderSell6,525$31.36$204,624.00View SEC Filing  
3/14/2016Steven E StrahSVPBuy560$35.59$19,930.40View SEC Filing  
5/4/2015Anthony J AlexanderChairmanSell54,436$36.85$2,005,966.60View SEC Filing  
2/26/2015Bennett L GainesSVPSell5,400$35.78$193,212.00View SEC Filing  
12/26/2014Lynnette M CavalierVPSell10,000$40.00$400,000.00View SEC Filing  
12/11/2014Lynnette M CavalierVPSell7,500$38.00$285,000.00View SEC Filing  
10/9/2014Lynnette M CavalierVPSell5,000$35.00$175,000.00View SEC Filing  
8/13/2014Bennett L GainesSVPSell5,400$32.25$174,150.00View SEC Filing  
5/29/2014Donald R SchneiderInsiderSell13,264$33.48$444,078.72View SEC Filing  
5/15/2014Charles JonesEVPSell14,010$32.28$452,242.80View SEC Filing  
3/12/2014Michael DowlingSVPSell4,379$30.80$134,873.20View SEC Filing  
8/5/2013Lynnette CavalierVPSell12,838$37.34$479,370.92View SEC Filing  
6/28/2013Charles E JonesSVPSell2,000$37.11$74,220.00View SEC Filing  
8/22/2012James H LashInsiderSell13,925$45.68$636,094.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for FirstEnergy Corporation (NYSE:FE)
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Chart

FirstEnergy Corporation (FE) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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