FirstEnergy - FE Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FE shares.
View FE analyst ratings or view top-rated stocks.

8 Wall Street research analysts have issued 12 month price objectives for FirstEnergy's shares. Their FE share price forecasts range from $40.00 to $51.00. On average, they expect the company's stock price to reach $45.25 in the next year. This suggests a possible upside of 14.5% from the stock's current price.
View analysts price targets for FE or view top-rated stocks among Wall Street analysts.

FirstEnergy's stock was trading at $41.59 at the beginning of the year. Since then, FE stock has decreased by 5.0% and is now trading at $39.53.
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FirstEnergy saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,350,000 shares, a drop of 15.6% from the July 15th total of 6,340,000 shares. Based on an average daily volume of 3,870,000 shares, the short-interest ratio is currently 1.4 days.
View FirstEnergy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our FE earnings forecast.

FirstEnergy Corp. (NYSE:FE) posted its earnings results on Tuesday, July, 26th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.01. FirstEnergy had a net margin of 11.78% and a trailing twelve-month return on equity of 15.13%. During the same period in the previous year, the company earned $0.59 earnings per share.
Read the conference call transcript.

FirstEnergy announced a quarterly dividend on Tuesday, July 19th. Investors of record on Friday, August 5th will be paid a dividend of $0.39 per share on Thursday, September 1st. This represents a $1.56 annualized dividend and a dividend yield of 3.95%. The ex-dividend date of this dividend is Thursday, August 4th.
Read our dividend analysis for FE.

FirstEnergy (NYSE:FE) pays an annual dividend of $1.56 per share and currently has a dividend yield of 4.01%. FE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 63.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FE will have a dividend payout ratio of 61.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FE.

FirstEnergy issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $0.70-$0.80 for the period, compared to the consensus earnings per share estimate of $0.80. The company issued revenue guidance of -.

63 employees have rated FirstEnergy Chief Executive Officer Chuck Jones on Glassdoor.com. Chuck Jones has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other FirstEnergy investors own include AT&T (T), Intel (INTC), Cisco Systems (CSCO), Exxon Mobil (XOM), Pfizer (PFE), Verizon Communications (VZ), Johnson & Johnson (JNJ), Chevron (CVX), General Electric (GE) and AbbVie (ABBV).

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

FirstEnergy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.47%), Mitsubishi UFJ Trust & Banking Corp (1.22%), First Pacific Advisors LP (0.63%), California Public Employees Retirement System (0.55%), Pictet Asset Management SA (0.52%) and Victory Capital Management Inc. (0.42%).
View institutional ownership trends.

Shares of FE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FE stock can currently be purchased for approximately $39.53.

FirstEnergy (NYSE:FE) has a market capitalization of $22.59 billion and generates $11.13 billion in revenue each year. The utilities provider earns $1.28 billion in net income (profit) each year or $2.46 on an earnings per share basis.

The company employs 12,395 workers across the globe.

FirstEnergy was founded in 1997.

FirstEnergy's mailing address is 76 SOUTH MAIN ST, AKRON OH, 44308. The official website for the company is www.firstenergycorp.com. The utilities provider can be reached via phone at (800) 736-3402, via email at firstenergy@amstock.com, or via fax at 330-384-3866.