NYSE:FE - FirstEnergy Stock Price, Forecast & News

FirstEnergy's stock was trading at $43.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FE stock has decreased by 6.4% and is now trading at $40.37. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 2 hold ratings and 7 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, April 28th 2020. View our earnings forecast for FirstEnergy.

FirstEnergy Corp. (NYSE:FE) issued its earnings results on Friday, February, 7th. The utilities provider reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.07. The utilities provider had revenue of $2.67 billion for the quarter, compared to the consensus estimate of $2.74 billion. FirstEnergy had a return on equity of 19.57% and a net margin of 8.26%. During the same period last year, the company posted $0.50 EPS. View FirstEnergy's earnings history.

FirstEnergy declared a quarterly dividend on Tuesday, March 17th. Shareholders of record on Thursday, May 7th will be given a dividend of $0.39 per share on Monday, June 1st. This represents a $1.56 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend is Wednesday, May 6th. View FirstEnergy's dividend history.

FirstEnergy updated its FY20 earnings guidance on Tuesday, March, 31st. The company provided earnings per share guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.48.

9 analysts have issued 12 month price targets for FirstEnergy's shares. Their forecasts range from $41.00 to $54.00. On average, they anticipate FirstEnergy's stock price to reach $48.67 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price. View analysts' price targets for FirstEnergy.

Press coverage about FE stock has trended negative recently, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. FirstEnergy earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutFirstEnergy.

Some companies that are related to FirstEnergy include NextEra Energy (NEE), Southern (SO), Duke Energy (DUK), 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), Hawaiian Electric Industries (HE), IDACORP (IDA) and Portland General Electric (POR).

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

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

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 $40.37.

FirstEnergy has a market capitalization of $21.83 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. View additional information about FirstEnergy.

The official website for FirstEnergy is http://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]