FirstEnergy Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FirstEnergy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FE, but not buy additional shares or sell existing shares.
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Wall Street analysts have given FirstEnergy a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but FirstEnergy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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FirstEnergy is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for FirstEnergy.

FirstEnergy Corp. (NYSE:FE) released its earnings results on Thursday, July, 22nd. The utilities provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.02. The utilities provider earned $2.60 billion during the quarter, compared to the consensus estimate of $2.65 billion. FirstEnergy had a trailing twelve-month return on equity of 18.17% and a net margin of 9.98%. The business's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.57 EPS.
View FirstEnergy's earnings history.

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 (WHO). Since then, FE stock has decreased by 13.5% and is now trading at $37.31.
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FirstEnergy announced a quarterly dividend on Tuesday, July 20th. Investors of record on Friday, August 6th will be paid a dividend of $0.39 per share on Wednesday, September 1st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date is Thursday, August 5th.
View FirstEnergy's dividend history.

FirstEnergy pays an annual dividend of $1.56 per share and currently has a dividend yield of 4.13%. FE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of FirstEnergy is 65.27%. This payout ratio is at a healthy, sustainable level, below 75%. 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.
View FirstEnergy's dividend history.

FirstEnergy issued an update on its FY 2021 earnings guidance on Thursday, August, 5th. The company provided EPS guidance of $2.400-$2.600 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.510. The company issued revenue guidance of -.

5 Wall Street analysts have issued 1 year price objectives for FirstEnergy's stock. Their forecasts range from $37.00 to $48.00. On average, they anticipate FirstEnergy's stock price to reach $40.80 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
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63 employees have rated FirstEnergy CEO Chuck Jones on Glassdoor.com. Chuck Jones has an approval rating of 76% among FirstEnergy's employees.

Some companies that are related to FirstEnergy include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), Eversource Energy (ES), Entergy (ETR), PPL (PPL), Edison International (EIX), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE).
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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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.59%), BlackRock Inc. (7.72%), State Street Corp (7.27%), Invesco Ltd. (3.38%), Price T Rowe Associates Inc. MD (2.82%) and FMR LLC (2.82%).
View institutional ownership trends for FirstEnergy.

FE stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Citigroup Inc., FMR LLC, BlackRock Inc., Deutsche Bank AG, Canada Pension Plan Investment Board, Thrivent Financial for Lutherans, and Bank of Nova Scotia.
View insider buying and selling activity for FirstEnergy or view top insider-selling stocks.

FE stock was bought by a variety of institutional investors in the last quarter, including Amundi, JPMorgan Chase & Co., Mitsubishi UFJ Trust & Banking Corp, State Street Corp, UBS Asset Management Americas Inc., Morgan Stanley, Morgan Stanley, and Brandywine Global Investment Management LLC.
View insider buying and selling activity for FirstEnergy or or view top insider-buying stocks.

Shares of FE 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 $37.31.

FirstEnergy has a market capitalization of $20.30 billion and generates $10.79 billion in revenue each year. The utilities provider earns $1.08 billion in net income (profit) each year or $2.39 on an earnings per share basis.

FirstEnergy employs 12,153 workers across the globe.

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.

FirstEnergy was founded in 1997.

The official website for FirstEnergy is www.firstenergycorp.com.

FirstEnergy is headquartered at 76 SOUTH MAIN ST, AKRON OH, 44308.

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]