NYSE:FE

FirstEnergy - FE Stock Forecast, Price & News

$37.00

-0.18 (-0.48%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $36.71
▼
$37.51
50-Day Range: $37.00
▼
$41.86
52-Week Range: $35.32
▼
$48.85

Volume: 6.12 million shs
Average Volume: 4.06 million shs
Market Capitalization: $21.14 billion

P/E Ratio: 15.04
Dividend Yield: 4.20%
Price Target: $45.75

FirstEnergy MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 23.6% Upside
$45.75 Price Target
Short Interest: Healthy
1.40% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -7.52
Upright™ Environmental Score
News Sentiment: 0.22
Based on 11 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.37%
From $2.42 to $2.55 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Utilities Sector

65th out of 87 stocks

Electric Services Industry

27th out of 43 stocks

2.3

Analyst's Opinion

Consensus Rating
FirstEnergy has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $45.75, FirstEnergy has a forecasted upside of 23.6% from its current price of $37.00.
Amount of Analyst Coverage
FirstEnergy has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.40% of the outstanding shares of FirstEnergy have been sold short.
Short Interest Ratio / Days to Cover
FirstEnergy has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in FirstEnergy has recently increased by 14.94%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
FirstEnergy is a leading dividend payer. It pays a dividend yield of 4.20%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
FirstEnergy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of FirstEnergy is 63.41%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, FirstEnergy will have a dividend payout ratio of 61.18% next year. This indicates that FirstEnergy will be able to sustain or increase its dividend.

0.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
FirstEnergy has received a -83.13% net impact score from Upright. The largest negative impact of FirstEnergy in category "GHG emissions" is driven by its "Electricity produced with coal", "Electricity transmission and distribution services", and "Electricity produced with hydropower" products. See details.
Environmental Sustainability
The Environmental Impact score for FirstEnergy is -7.52.

2.3

News and Social Media Coverage

News Sentiment
FirstEnergy has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for FirstEnergy this week, compared to 7 articles on an average week.
Search Interest
Only 17 people have searched for FE on MarketBeat in the last 30 days. This is a decrease of -32% compared to the previous 30 days.
MarketBeat Follows
9 people have added FirstEnergy to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FirstEnergy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.20% of the stock of FirstEnergy is held by insiders.
Percentage Held by Institutions
87.20% of the stock of FirstEnergy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for FirstEnergy are expected to grow by 5.37% in the coming year, from $2.42 to $2.55 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FirstEnergy is 15.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of FirstEnergy is 15.04, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.18.
Price to Earnings Growth Ratio
FirstEnergy has a PEG Ratio of 2.38. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
FirstEnergy has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About FirstEnergy (NYSE:FE) Stock

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.

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FE Stock News Headlines

September 30, 2022 | nasdaq.com

FirstEnergy's (FE) Unit Uses Aerial Crew for Tree Trimming - Nasdaq

September 30, 2022 | finance.yahoo.com

FirstEnergy to Give Away 1,500 Trees at Mountain State Forest Festival

September 29, 2022 | foxnews.com

Myles Garrett top of mind for Browns players as they prepare for Falcons - Fox News

September 29, 2022 | apnews.com

Appeals court vacates asset freeze for ex-utility regulator - The Associated Press - en Español

September 28, 2022 | bbc.com

Jersey appoints first energy and climate change minister - BBC

September 28, 2022 | foxnews.com

Browns' Myles Garrett swerved on wet road to avoid hitting an animal: report - Fox News

September 27, 2022 | nasdaq.com

FirstEnergy (FE) Gains on Investment Amid Aging Infrastructure - Nasdaq

September 26, 2022 | businesswire.com

FirstEnergy's Pennsylvania Default Service Program DSP-V and DSP-VI Auctions: Information Session for Prospective Bidders on Wednesday, September 28, 2022 - Business Wire

September 26, 2022 | finance.yahoo.com

FirstEnergy’s Pennsylvania Default Service Program DSP-V and DSP-VI Auctions: Information Session for Prospective Bidders on Wednesday, September 28, 2022 - Yahoo Finance

September 23, 2022 | finance.yahoo.com

FirstEnergy (NYSE:FE) Is Paying Out A Dividend Of $0.39

September 21, 2022 | finance.yahoo.com

JCP&L Installs Guards to Protect New Jersey Bald Eagles

September 21, 2022 | americanbankingnews.com

FirstEnergy Corp. (FE) to Distribute Quarterly Dividend of $0.39 on December 1st

September 20, 2022 | americanbankingnews.com

Equities Analysts Set Expectations for FirstEnergy Corp.'s FY2022 Earnings (NYSE:FE)

September 17, 2022 | nasdaq.com

FirstEnergy's (FE) Unit Ends Tree-Trimming Project for Winter - Nasdaq

September 16, 2022 | benzinga.com

FirstEnergy (NYSE:FE) – The Illuminating Company Completes $3 Million Tree-Trimming Project to Help Minim - Benzinga

September 16, 2022 | washingtonpost.com

FedEx, General Electric fall; Bowlero, FirstEnergy rise - The Washington Post

September 16, 2022 | bizjournals.com

FirstEnergy CEO Steven Strah abruptly retires, interim leader named

September 14, 2022 | finance.yahoo.com

The Illuminating Company Completes $3 Million Tree-Trimming Project to Help Minimize Weather-Related Power Outages in Cleveland

September 13, 2022 | finance.yahoo.com

FirstEnergy Named Top Utility for Economic Development by Site Selection Magazine for Fourth Year in a Row

September 13, 2022 | brownswire.usatoday.com

Photos: Brownie the Elf at midfield for 2022 - Browns Wire

September 6, 2022 | finance.yahoo.com

FirstEnergy Corp.: Earnings still effected by mandatory customer credits

September 3, 2022 | nasdaq.com

Why Is WEC Energy (WEC) Down 0.9% Since Last Earnings Report? - Nasdaq

September 3, 2022 | benzinga.com

Firstenergy Corp. (FE) – Met-Ed Upgrading Electric System in Berks County - Benzinga

September 1, 2022 | finance.yahoo.com

Met-Ed Upgrading Electric System in Berks County

August 27, 2022 | nasdaq.com

If EPS Growth Is Important To You, FirstEnergy (NYSE:FE) Presents An Opportunity - Nasdaq

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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FE Company Calendar

Last Earnings: 7/26/2022
Ex-Dividend for 9/1 Dividend: 8/04/2022
Dividend Payable: 9/01/2022
Today: 9/30/2022
Next Earnings (Estimated): 10/27/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Electric services
Sub-Industry: Electric Utilities
Sector: Utilities
Current Symbol: NYSE:FE
CUSIP: 33793210
CIK: 1031296
Web: www.firstenergycorp.com
Phone: (800) 736-3402
Fax: 330-384-3866
Employees: 12,395
Year Founded: 1997

Price Target and Rating

Average Stock Price Forecast: $45.75
High Stock Price Forecast: $53.00
Low Stock Price Forecast: $40.00
Forecasted Upside/Downside: +23.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.46
Trailing P/E Ratio: 15.04
Forward P/E Ratio: 15.29
P/E Growth: 2.38
Net Income: $1.28 billion
Net Margins: 11.78%
Pretax Margin: 13.76%
Return on Equity: 15.13%
Return on Assets: 3.06%

Debt

Debt-to-Equity Ratio: 1.84
Current Ratio: 0.75
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $11.13 billion
Price / Sales: 1.90
Cash Flow: $5.31 per share
Price / Cash Flow: 6.97
Book Value: $15.93 per share
Price / Book: 2.32

Miscellaneous

Outstanding Shares: 571,395,000
Free Float: 570,252,000
Market Cap: $21.14 billion
Optionable: Optionable
Beta: 0.44

Social Links

Key Executives

Mr. John William Somerhalder II (Age 66)
Interim Pres & CEO and Chair of the Board
Comp: $1.78M

Mr. K. Jon Taylor (Age 48)
Sr. VP, CFO & Strategy
Comp: $2.36M

Mr. Samuel L. Belcher (Age 54)
Sr. VP of Operations
Comp: $1.49M

Mr. Hyun Park (Age 61)
Sr. VP & Chief Legal Officer
Comp: $2.26M

Mr. Jason J. Lisowski (Age 41)
VP, Controller & Chief Accounting Officer

Mr. Ernest N. Maley
VP & Chief Information Officer

Ms. Irene M. Prezelj (Age 55)
VP of Investor Relations & Communications

Mr. Antonio Fernandez
VP and Chief Ethics & Compliance Officer

Ms. Gretchan Sekulich
VP of Communications & Marketing

Ms. Christine L. Walker (Age 57)
Sr. VP and Chief HR Officer & Corp. Services

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FE Stock - Frequently Asked Questions

Should I buy or sell FirstEnergy stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. 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.
What is FirstEnergy's stock price forecast for 2022?: 8 equities research analysts have issued 1-year target prices for FirstEnergy's shares. Their FE share price forecasts range from $40.00 to $53.00. On average, they expect the company's share price to reach $45.75 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price.
View analysts price targets for FE or view top-rated stocks among Wall Street analysts.
How have FE shares performed in 2022?: FirstEnergy's stock was trading at $41.59 on January 1st, 2022. Since then, FE stock has decreased by 11.0% and is now trading at $37.00.
View the best growth stocks for 2022 here.
Are investors shorting FirstEnergy?: FirstEnergy saw a increase in short interest in September. As of September 15th, there was short interest totaling 8,000,000 shares, an increase of 14.9% from the August 31st total of 6,960,000 shares. Based on an average daily volume of 3,480,000 shares, the days-to-cover ratio is presently 2.3 days.
View FirstEnergy's Short Interest.
When is FirstEnergy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our FE earnings forecast.
How were FirstEnergy's earnings last quarter?: FirstEnergy Corp. (NYSE:FE) issued its quarterly earnings results on Tuesday, July, 26th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.01. FirstEnergy had a trailing twelve-month return on equity of 15.13% and a net margin of 11.78%. During the same period last year, the firm posted $0.59 EPS.
Read the conference call transcript.
How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy?: FirstEnergy declared a quarterly dividend on Monday, September 19th. Investors of record on Monday, November 7th will be paid a dividend of $0.39 per share on Thursday, December 1st. This represents a $1.56 annualized dividend and a dividend yield of 4.22%. The ex-dividend date of this dividend is Friday, November 4th.
Read our dividend analysis for FE.
Is FirstEnergy a good dividend stock?: FirstEnergy (NYSE:FE) pays an annual dividend of $1.56 per share and currently has a dividend yield of 4.20%. 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 61.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FE.

What guidance has FirstEnergy issued on next quarter's earnings?: FirstEnergy updated 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 estimate of $0.80. The company issued revenue guidance of -.
What is Chuck Jones' approval rating as FirstEnergy's CEO?: 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.
What other stocks do shareholders of FirstEnergy own?: 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).
What is FirstEnergy's stock symbol?: FirstEnergy trades on the New York Stock Exchange (NYSE) under the ticker symbol "FE."
How do I buy shares of FirstEnergy?: 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.
Compare Top Brokerages Here.
What is FirstEnergy's stock price today?: One share of FE stock can currently be purchased for approximately $37.00.
How much money does FirstEnergy make?: FirstEnergy (NYSE:FE) has a market capitalization of $21.14 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.
How many employees does FirstEnergy have?: The company employs 12,395 workers across the globe.
Does FirstEnergy have any subsidiaries?: The following companies are subsidiares of FirstEnergy: Allegheny Energy, FirstEnergy Nuclear Operating Company, FirstEnergy Service Company, FirstEnergy Solutions Corp., FirstEnergy Transmission LLC, FirstEnergy Ventures Corp., GPU Inc, Jersey Central Power & Light Company, Marbel Energy Corp., Metropolitan Edison Company, Monongahela Power Company, Ohio Edison Company, Pennsylvania Electric Company, The Cleveland Electric Illuminating Compan, The Potomac Edison Company, The Toledo Edison Company, and West Penn Power Company.
Read More
How can I contact FirstEnergy?: 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.

This page (NYSE:FE) was last updated on 9/30/2022 by MarketBeat.com Staff

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FirstEnergy - FE Stock Forecast, Price & News

FirstEnergy MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows