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
SymbolNYSE:FE
CUSIP33793210
Phone800-736-3402
Debt
Debt-to-Equity Ratio2.32
Current Ratio0.46
Quick Ratio0.40
Price-To-Earnings
Trailing P/E Ratio11.34
Forward P/E Ratio14.70
P/E Growth2.44
Sales & Book Value
Annual Sales$14.02 billion
Price / Sales1.19
Cash Flow$7.0080 per share
Price / Cash4.97
Book Value$8.82 per share
Price / Book3.95
Profitability
EPS (Most Recent Fiscal Year)$3.07
Net Income$-1,724,000,000.00
Net Margins-5.33%
Return on Equity22.52%
Return on Assets3.20%
Miscellaneous
Employees15,617
Outstanding Shares476,910,000
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 Tuesday, March 20th. Stockholders of record on Monday, May 7th will be given a dividend of $0.36 per share on Friday, June 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date is Friday, May 4th. View FirstEnergy's Dividend History.
How were FirstEnergy's earnings last quarter?
FirstEnergy Corp. (NYSE:FE) released its earnings results on Monday, April, 23rd. The utilities provider reported $0.67 EPS for the quarter, missing the consensus estimate of $0.68 by $0.01. The utilities provider earned $2.90 billion during the quarter, compared to analysts' expectations of $3.36 billion. FirstEnergy had a negative net margin of 5.33% and a positive return on equity of 22.52%. FirstEnergy's revenue was down 18.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.78 earnings per share. View FirstEnergy's Earnings History.
When is FirstEnergy's next earnings date?
What guidance has FirstEnergy issued on next quarter's earnings?
FirstEnergy issued an update on its FY18 earnings guidance on Monday, April, 23rd. The company provided earnings per share (EPS) guidance of $2.25-2.55 for the period, compared to the Thomson Reuters consensus estimate of $2.42.
What price target have analysts set for FE?
15 brokerages have issued 12 month target prices for FirstEnergy's shares. Their predictions range from $32.00 to $47.00. On average, they expect FirstEnergy's stock price to reach $35.3583 in the next twelve months. View Analyst Ratings for FirstEnergy.
Who are some of FirstEnergy's key competitors?
Some companies that are related to FirstEnergy include Enel S.p.A. ADS Common Stock (ENLAY), Southern (SO), Dominion Energy (D), American Electric Power (AEP), CLP (CLPHY), Tenaga Nasional Bhd (TNABY), Korea Electric Power (KEP), Edison International (EIX), PPL (PPL), SSE PLC/S (SSEZY), DTE Energy (DTE), Eversource Energy (ES), Avangrid (AGR), EDP-Energias de Portugal, S.A (EDPFY) and Entergy (ETR).
Who are FirstEnergy's key executives?
FirstEnergy's management team includes the folowing people:
- Mr. Charles E. Jones Jr., Pres, CEO & Director (Age 62)
- Mr. James F. Pearson, Exec. VP of Fin. (Age 64)
- Ms. Leila L. Vespoli Esq., Exec. VP of Corp. Strategy & Regulatory Affairs and Chief Legal Officer (Age 58)
- Mr. Donald R. Schneider, Director (Age 56)
- Mr. Steven E. Strah, Sr. VP & CFO of FirstEnergy Service Company (Age 54)
Has FirstEnergy been receiving favorable news coverage?
News stories about FE stock have been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FirstEnergy earned a news impact score of 0.12 on Accern's scale. They also assigned headlines about the utilities provider an impact score of 46.12 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are FirstEnergy's major shareholders?
FirstEnergy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.00%), Zimmer Partners LP (6.32%), LSV Asset Management (3.90%), Northern Trust Corp (1.16%), Franklin Resources Inc. (1.04%) and Epoch Investment Partners Inc. (0.94%). Company insiders that own FirstEnergy stock include Charles D Lasky, Donald R Schneider, Donald T Misheff and Gurminder Singh Sangha. 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 Brookfield Asset Management Inc., American Century Companies Inc., Old Mutual Global Investors UK Ltd., Allianz Asset Management GmbH, Allianz Asset Management GmbH, State of New Jersey Common Pension Fund D, Caisse DE Depot ET Placement DU Quebec and Thompson Siegel & Walmsley LLC. View Insider Buying and Selling for FirstEnergy.
Which major investors are buying FirstEnergy stock?
FE stock was acquired by a variety of institutional investors in the last quarter, including Zimmer Partners LP, BlackRock Inc., Epoch Investment Partners Inc., LSV Asset Management, Ceredex Value Advisors LLC, Royal Bank of Canada, Robeco Institutional Asset Management B.V. and Neuberger Berman Group 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 $34.89.
How big of a company is FirstEnergy?
FirstEnergy has a market capitalization of $16.57 billion and generates $14.02 billion in revenue each year. The utilities provider earns $-1,724,000,000.00 in net income (profit) each year or $3.07 on an earnings per share basis. FirstEnergy employs 15,617 workers across the globe.
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 (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.
