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:
  • Market Cap: $13.84008 billion
  • Outstanding Shares: 444,304,000
Average Prices:
  • 50 Day Moving Avg: $32.26
  • 200 Day Moving Avg: $30.69
  • 52 Week Range: $27.93 - $34.96
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.26
  • P/E Growth: -2.71
Sales & Book Value:
  • Annual Revenue: $13.76 billion
  • Price / Sales: 1.00
  • Book Value: $14.22 per share
  • Price / Book: 2.17
  • Annual Dividend: $1.44
  • Dividend Yield: 4.6%
  • EBIDTA: $3.96 billion
  • Net Margins: -35.59%
  • Return on Equity: 15.41%
  • Return on Assets: 2.56%
  • Debt-to-Equity Ratio: 3.26%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.47%
  • Average Volume: 4.35 million shs.
  • Beta: 0.21
  • 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 announced a quarterly dividend on Tuesday, September 19th. Stockholders of record on Tuesday, November 7th will be paid a dividend of $0.36 per share on Friday, December 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.66%. 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) issued its quarterly earnings data on Thursday, July, 27th. The company reported $0.61 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.61. The company earned $3.30 billion during the quarter, compared to analyst estimates of $3.38 billion. FirstEnergy Corporation had a positive return on equity of 15.41% and a negative net margin of 35.59%. The company's revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the business 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 Friday, November, 3rd 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 earnings per share (EPS) guidance of $2.70-3.00 for the period, compared to the Thomson Reuters consensus EPS 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?

13 equities research analysts have issued 1-year price objectives for FirstEnergy Corporation's shares. Their forecasts range from $31.00 to $40.00. On average, they anticipate FirstEnergy Corporation's share price to reach $33.84 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." (9/20/2017)
  • 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 many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.99%), BlackRock Inc. (9.91%), State Street Corp (7.55%), LSV Asset Management (3.25%), Bank of New York Mellon Corp (2.60%) and Thompson Siegel & Walmsley LLC (1.37%). 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 Balyasny Asset Management LLC, Old Mutual Global Investors UK Ltd., Ameriprise Financial Inc., State Street Corp, Numeric Investors LLC, Los Angeles Capital Management & Equity Research Inc., State of Tennessee Treasury Department and AJO LP. 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 bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Brookfield Asset Management Inc., Thompson Siegel & Walmsley LLC, Parametric Portfolio Associates LLC, Great West Life Assurance Co. Can, State of New Jersey Common Pension Fund D and American Century Companies Inc.. 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 $30.89.

MarketBeat Community Rating for FirstEnergy Corporation (NYSE FE)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  289 (Vote Outperform)
Underperform Votes:  531 (Vote Underperform)
Total Votes:  820
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, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.23)
Consensus Price Target: $33.84 (9.55% upside)

Analysts' Ratings History for FirstEnergy Corporation (NYSE:FE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
7/31/2017Deutsche Bank AGReiterated RatingHold$31.00 -> $34.00LowView Rating Details
7/19/2017Citigroup Inc.Lower Price TargetNeutral$32.00 -> $31.00MediumView 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
5/1/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$36.00 -> $32.00MediumView 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 9/23/2015 forward)


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
11/2/2017$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)


Earnings Estimates for FirstEnergy Corporation (NYSE:FE)
2017 EPS Consensus Estimate: $2.73
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.70$0.72$0.71
Q2 20172$0.60$0.62$0.61
Q3 20171$0.85$0.85$0.85
Q4 20171$0.56$0.56$0.56
(Data provided by Zacks Investment Research)


Current Dividend Information for FirstEnergy Corporation (NYSE:FE)
Next Dividend:12/1/2017
Annual Dividend:$1.44
Dividend Yield:4.66%
Dividend Growth:-13.20% (3 Year Average)
Payout Ratio:-12.31% (Trailing 12 Months of Earnings)
50.88% (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
(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: 79.97%
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)


Headline Trends for FirstEnergy Corporation (NYSE:FE)
Latest Headlines for FirstEnergy Corporation (NYSE:FE)
DateHeadline logoAssessing Competitive Utility Peers: EXC and FE - September 23 at 9:46 AM logoFirstEnergy Corporation (FE) Upgraded to "Buy" at Zacks Investment Research - September 20 at 9:32 PM logo$0.86 Earnings Per Share Expected for FirstEnergy Corporation (FE) This Quarter - September 20 at 2:08 AM logoFirstEnergy declares $0.36 dividend - September 19 at 1:56 PM logoFirstEnergy Corporation (FE) Announces Quarterly Dividend of $0.36 - September 19 at 1:32 PM logoFirstEnergy Corporation (FE) Lowered to Hold at Zacks Investment Research - September 18 at 1:26 PM logoFirstEnergy Corp. (FE) Downgraded by Zacks Investment Research - September 17 at 11:38 PM logoFirstEnergy Corp. breached its 50 day moving average in a Bearish Manner : FE-US : September 14, 2017 - September 14 at 3:49 PM logoFirstEnergy Sending Additional Support to Assist with Hurricane Irma Power Restoration Efforts in Florida - September 13 at 8:00 PM logoFirstEnergy Corporation (FE) Stock Rating Lowered by ValuEngine - September 12 at 11:16 PM logoFirstEnergy Utility Crews Mobilize to Assist with Hurricane Irma Power Restoration Efforts in Florida - PR Newswire (press release) - September 9 at 5:07 AM logoFirstEnergy Utility Crews Mobilize to Assist with Hurricane Irma Power Restoration Efforts in Florida - September 8 at 7:06 PM logoLooking at Recent Changes in FirstEnergy’s Institutional Ownership - September 8 at 7:06 PM logoFirstEnergy Corporation (FE) Price Target Raised to $40.00 - September 8 at 5:02 PM logoFirstEnergy revises agreement to sell natural gas, hydroelectric power plants - September 7 at 11:47 PM logoFirstEnergy-LS Power Equity Revise Asset Sale Agreement - September 7 at 6:44 PM logoFirstEnergy Reveals Agreement For Sale Of Natural Gas, Hydro Assets - September 6 at 6:32 PM logoFirstEnergy Subsidiaries Sign Revised Agreement for Sale of Competitive Natural Gas and Hydro Assets - September 6 at 6:32 PM logoFirstEnergy Corporation (FE) Receives Consensus Recommendation of "Hold" from Analysts - September 6 at 11:01 AM logoOhio Edison and Penn Power to Conduct Storm Restoration Drill to Help ... - September 6 at 12:01 AM logoOhio Edison and Penn Power to Conduct Storm Restoration Drill to Help Employees Prepare for Real-Life Events - September 6 at 12:01 AM logo Brokerages Anticipate FirstEnergy Corporation (FE) to Post $0.86 EPS - September 1 at 2:12 PM logoFirstEnergy Foundation Donates $1000 to Akron Urban League in Honor of Former ... - August 31 at 6:30 PM logoFirstEnergy Nuclear Operating Company Announces Changes in Fleet Management - August 31 at 6:30 PM logoFirstEnergy Nuclear Operating Company Names Mark Bezilla Site Vice President for Davis-Besse Nuclear Power Station - August 31 at 6:30 PM logoFirstEnergy Nuclear Operating Company Promotes Richard Bologna to Site Vice President for Beaver Valley Power Station - August 31 at 6:30 PM logoTwo killed at Bruce Mansfield Power Station - Pittsburgh Business Times - August 30 at 7:55 PM logoPolice: 2 workers killed by toxic fumes at power plant - August 30 at 7:55 PM logoFirstEnergy Foundation Donates $25,000 to American Red Cross Hurricane Harvey Relief Efforts and Will Match Employee Donations - August 30 at 7:55 PM logoFirstEnergy Foundation Donates $1,000 to Akron Urban League in Honor of Former Cleveland Indians Great André Thornton - August 30 at 7:55 PM logoThe AES Corporation (AES) versus FirstEnergy Corporation (FE) Head to Head Contrast - August 27 at 6:08 PM logoThursday Sector Laggards: Consumer Products, Utilities - August 24 at 7:55 PM logoWhite House Snub Sends Coal Miner Murray Energy's Bonds Plunging - August 24 at 7:55 PM logoCoal Miner Murray's Bonds Plunge After Trump Administration Snub - August 24 at 12:30 AM logoPotomac Edison Customers Can Save $10,000 off the Price of an All-Electric Nissan LEAF with Special Rebate Offer - August 23 at 5:15 AM logoFirst of what could be many Ohio natural gas plants now online - August 21 at 11:06 PM logoOhio governor not backing bailout for state's nuclear plants - August 21 at 6:05 PM logoThursday Sector Leaders: Utilities, Consumer Products - Nasdaq - August 17 at 7:53 PM logoJCP&L Customers Can Save $10,000 off the Price of an All-Electric Nissan LEAF with Special Rebate Offer - August 17 at 7:53 PM logoUPDATE: Evercore ISI Upgrades FirstEnergy Corp. (FE) to Outperform - August 14 at 11:58 PM logoUPDATE: Evercore ISI Upgrades FirstEnergy Corp. (FE) to Outperform - - August 14 at 6:57 PM logoA Look at Utilities with Attractive Potential Gains - August 14 at 6:57 PM logoFirstEnergy Unit's Bankruptcy A Bigger Catalyst Than It Seemed? - August 14 at 6:57 PM logoSee what the IHS Markit Score report has to say about FirstEnergy Corp. - August 12 at 5:51 PM logoFirstEnergy Corporation (NYSE:FE) Given Average Recommendation of "Hold" by Brokerages - August 12 at 12:28 PM logoETFs with exposure to FirstEnergy Corp. : August 11, 2017 - August 11 at 7:02 PM logoInside the Revenue Growth of SO, ETR, and FE - August 10 at 7:55 PM logoFirstEnergy Corporation (FE) Price Target Raised to $39.00 at Morgan Stanley - August 10 at 7:02 PM logoLine and Substation Equipment Work Underway in Penelec Area to Enhance Service Reliability - PR Newswire (press release) - August 8 at 3:17 PM logoWest Penn Power spends $21M on power, substation projects in 2017 - Pittsburgh Business Times - August 8 at 3:17 PM



FirstEnergy Corporation (FE) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by Staff