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
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
Phone800-736-3402
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$11.26 billion
Profitability
Miscellaneous
Employees15,617
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable
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 Monday, November 12th. Stockholders of record on Thursday, February 7th will be paid a dividend of $0.38 per share on Friday, March 1st. This represents a $1.52 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Wednesday, February 6th. This is a positive change from FirstEnergy's previous quarterly dividend of $0.36. View FirstEnergy's Dividend History.
How were FirstEnergy's earnings last quarter?
FirstEnergy Corp. (NYSE:FE) announced its quarterly earnings results on Tuesday, February, 19th. The utilities provider reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.03. The utilities provider had revenue of $2.71 billion for the quarter, compared to analysts' expectations of $2.67 billion. FirstEnergy had a return on equity of 21.13% and a net margin of 10.41%. During the same period in the prior year, the firm posted $0.71 EPS. View FirstEnergy's Earnings History.
When is FirstEnergy's next earnings date?
What guidance has FirstEnergy issued on next quarter's earnings?
FirstEnergy updated its FY19 earnings guidance on Tuesday, February, 19th. The company provided earnings per share (EPS) guidance of $2.45-2.75 for the period, compared to the Thomson Reuters consensus estimate of $2.58. FirstEnergy also updated its FY 2019 guidance to $2.45-2.75 EPS.
What price target have analysts set for FE?
7 equities research analysts have issued 12 month price objectives for FirstEnergy's stock. Their forecasts range from $37.00 to $43.00. On average, they anticipate FirstEnergy's stock price to reach $40.3333 in the next twelve months. This suggests that the stock has a possible downside of 0.9%. View Analyst Price Targets for FirstEnergy.
What is the consensus analysts' recommendation for FirstEnergy?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FirstEnergy.
Has FirstEnergy been receiving favorable news coverage?
Media coverage about FE stock has trended positive this week, InfoTrie reports. The research firm ranks the sentiment of news 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 five, with scores closest to five being the most favorable. FirstEnergy earned a news impact score of 2.3 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the next several days.
Who are some of FirstEnergy's key competitors?
Some companies that are related to FirstEnergy include Enel S.p.A. ADS (ENLAY), Southern (SO), Dominion Energy (D), American Electric Power (AEP), CLP (CLPHY), PPL (PPL), Eversource Energy (ES), DTE Energy (DTE), Edison International (EIX), Korea Electric Power (KEP), Tenaga Nasional Bhd (TNABY), Entergy (ETR), SSE PLC/S (SSEZY), CenterPoint Energy (CNP) and Fortis (FTS).
What other stocks do shareholders of FirstEnergy own?
Who are FirstEnergy's key executives?
FirstEnergy's management team includes the folowing people:
- Mr. Charles E. Jones Jr., Pres, CEO & Director (Age 63)
- Mr. Steven E. Strah, Sr. VP & CFO (Age 55)
- Ms. Leila L. Vespoli Esq., Exec. VP of Corp. Strategy & Regulatory Affairs and Chief Legal Officer (Age 59)
- Mr. James F. Pearson, Exec. VP of Fin. (Age 65)
- Ms. Irene M. Prezelj, VP, Investor Relations
Who are FirstEnergy's major shareholders?
FirstEnergy's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.55%), Zimmer Partners LP (5.76%), LSV Asset Management (2.56%), Geode Capital Management LLC (1.25%), Northern Trust Corp (1.24%) and Millennium Management LLC (1.14%). Company insiders that own FirstEnergy stock include Donald T Misheff, Gurminder Singh Sangha and James F Pearson. View Institutional Ownership Trends for FirstEnergy.
Which major investors are selling FirstEnergy stock?
FE stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Bank of New York Mellon Corp, Millennium Management LLC, APG Asset Management N.V., Fir Tree Capital Management LP, Zimmer Partners LP, Epoch Investment Partners Inc. and Becker Capital Management Inc.. View Insider Buying and Selling for FirstEnergy.
Which major investors are buying FirstEnergy stock?
FE stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Massachusetts Financial Services Co. MA, Legal & General Group Plc, Jennison Associates LLC, Lord Abbett & CO. LLC, D. E. Shaw & Co. Inc., Scout Investments Inc. and Nuveen Asset Management 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 $40.72.
How big of a company is FirstEnergy?
FirstEnergy has a market capitalization of $21.59 billion and generates $11.26 billion in revenue each year. The utilities provider earns $-1,724,000,000.00 in net income (profit) each year or $2.59 on an earnings per share basis. FirstEnergy employs 15,617 workers across the globe.
What is FirstEnergy's official website?
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.
