FirstEnergy Stock Forecast, Price & News

FirstEnergy's stock was trading at $43.13 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FE shares have decreased by 36.1% and is now trading at $27.58.
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15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for FirstEnergy.

Wall Street analysts have given FirstEnergy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but FirstEnergy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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FirstEnergy is scheduled to release its next quarterly earnings announcement on Friday, February 5th 2021.
View our earnings forecast for FirstEnergy.

FirstEnergy Corp. (NYSE:FE) posted its quarterly earnings data on Saturday, November, 7th. The utilities provider reported $0.84 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.79 by $0.05. The utilities provider earned $3 billion during the quarter, compared to analyst estimates of $2.95 billion. FirstEnergy had a net margin of 6.64% and a return on equity of 20.15%. The company's quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the business earned $0.80 EPS.
View FirstEnergy's earnings history.

FirstEnergy declared a quarterly dividend on Tuesday, September 15th. Investors of record on Friday, November 6th will be given a dividend of $0.39 per share on Tuesday, December 1st. This represents a $1.56 annualized dividend and a yield of 5.66%. The ex-dividend date is Thursday, November 5th.
View FirstEnergy's dividend history.

15 brokers have issued 1-year target prices for FirstEnergy's shares. Their forecasts range from $28.50 to $54.00. On average, they anticipate FirstEnergy's share price to reach $41.50 in the next year. This suggests a possible upside of 50.5% from the stock's current price.
View analysts' price targets for FirstEnergy.

FirstEnergy saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 16,010,000 shares, an increase of 33.3% from the October 15th total of 12,010,000 shares. Based on an average daily volume of 5,500,000 shares, the days-to-cover ratio is presently 2.9 days.
View FirstEnergy's Short Interest.

Some companies that are related to FirstEnergy include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), 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), IDACORP (IDA), Hawaiian Electric Industries (HE) and PNM Resources (PNM).
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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 State Street Corp (7.17%), BlackRock Inc. (7.05%), Nuveen Asset Management LLC (1.42%), Boston Partners (1.34%), Wells Fargo & Company MN (1.12%) and Jennison Associates LLC (0.69%). Company insiders that own FirstEnergy stock include Christopher D Pappas, James F Pearson and Leila L Vespoli.
View institutional ownership trends for FirstEnergy.

FE stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, BlackRock Inc., Nuveen Asset Management LLC, Standard Life Aberdeen plc, Magellan Asset Management Ltd, LSV Asset Management, First Trust Advisors LP, and CI Investments Inc..
View insider buying and selling activity for FirstEnergy.

FE stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Silver Point Capital L.P., VR Advisory Services Ltd, Quinn Opportunity Partners LLC, Voloridge Investment Management LLC, P Schoenfeld Asset Management LP, Morgan Stanley, and Lord Abbett & CO. LLC.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of FE stock can currently be purchased for approximately $27.58.

FirstEnergy has a market capitalization of $14.95 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.

The official website for FirstEnergy is 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]