FirstEnergy Corporation Company Profile (NYSE:FE)

About FirstEnergy Corporation (NYSE:FE)

FirstEnergy Corporation logoFirstEnergy Corp. is a holding company. The Company is engaged in holding, directly or indirectly, all of the outstanding equity of its principal subsidiaries. Its segments include Regulated Distribution, Regulated Transmission, Competitive Energy Services (CES) and Corporate/Other. As of December 31, 2016, the Regulated Distribution segment distributed electricity through the Company's 10 utility operating companies, serving approximately six million customers, and purchased power for its provider of last resort (POLR), standard offer service (SOS), standard offer service (SSO) and default service requirements in Ohio, Pennsylvania, New Jersey and Maryland. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by American Transmission Systems, Incorporated (ATSI) and Trans-Allegheny Interstate Line Company (TrAIL). The CES segment primarily supplies electricity to end use customers through retail and wholesale arrangements.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities - NEC
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:FE
  • CUSIP: 33793210
  • Web:
  • Market Cap: $13.88451 billion
  • Outstanding Shares: 443,740,000
Average Prices:
  • 50 Day Moving Avg: $29.93
  • 200 Day Moving Avg: $30.25
  • 52 Week Range: $27.93 - $35.25
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.76
  • P/E Growth: -2.66
Sales & Book Value:
  • Annual Revenue: $13.85 billion
  • Price / Sales: 1.03
  • Book Value: $13.84 per share
  • Price / Book: 2.32
  • Annual Dividend: $1.44
  • Dividend Yield: 4.6%
  • EBIDTA: $3.85 billion
  • Net Margins: -35.59%
  • Return on Equity: 14.62%
  • Return on Assets: 2.52%
  • Debt-to-Equity Ratio: 2.89%
  • Current Ratio: 0.36%
  • Quick Ratio: 0.29%
  • Average Volume: 4.65 million shs.
  • Beta: 0.17
  • Short Ratio: 2.7
Frequently Asked Questions for FirstEnergy Corporation (NYSE:FE)

What is FirstEnergy Corporation's stock symbol?

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

How often does FirstEnergy Corporation pay dividends? What is the dividend yield for FirstEnergy Corporation?

FirstEnergy Corporation declared a quarterly dividend on Tuesday, July 18th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.36 per share on Friday, September 1st. This represents a $1.44 annualized dividend and a dividend yield of 4.48%. The ex-dividend date of this dividend is Thursday, August 3rd. View FirstEnergy Corporation's Dividend History.

How were FirstEnergy Corporation's earnings last quarter?

FirstEnergy Corporation (NYSE:FE) issued its quarterly earnings data on Thursday, July, 27th. The company reported $0.61 EPS for the quarter, meeting analysts' consensus estimates of $0.61. The business earned $3.30 billion during the quarter, compared to analysts' expectations of $3.38 billion. FirstEnergy Corporation had a positive return on equity of 14.62% and a negative net margin of 35.59%. The business's quarterly revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.56 earnings per share. View FirstEnergy Corporation's Earnings History.

What guidance has FirstEnergy Corporation issued on next quarter's earnings?

FirstEnergy Corporation updated its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $2.70-3.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.80. FirstEnergy Corporation also updated its Q3 guidance to $0.75-0.90 EPS.

Where is FirstEnergy Corporation's stock going? Where will FirstEnergy Corporation's stock price be in 2017?

14 equities research analysts have issued twelve-month price targets for FirstEnergy Corporation's shares. Their predictions range from $31.00 to $40.00. On average, they anticipate FirstEnergy Corporation's share price to reach $33.93 in the next year. View Analyst Ratings for FirstEnergy Corporation.

What are analysts saying about FirstEnergy Corporation stock?

Here are some recent quotes from research analysts about FirstEnergy Corporation stock:

  • 1. According to Zacks Investment Research, "Year to date shares of FirstEnergy have lagged the return from the broader industry. A higher debt/capital ratio compared with peers may further drive up its cost of capital in the rising interest rate environment. In addition, stringent regulatory norms and intensifying competition are some of the headwinds. The company’s modernization drive and new generation asset additions will further strengthen its service reliability and lead to customer retention. This has led to its ambitious “Energizing the Future” plan aimed at upgrading and expanding its transmission capabilities. The company is working to transform itself into a regulated company by mid of 2018." (7/4/2017)
  • 2. Goldman Sachs Group, Inc. (The) analysts commented, "Following significant underperformance, with FE ' versus the XLU ' down 10%/19%/27% over the last 6, 12 and 24 months, we upgrade FE to Buy given (1) an attractive relative valuation on a sum of the parts basis ' even after assuming a drag related to the non-regulated or competitive segment, and (2) potential positive catalysts which highlight the value of the core regulated segments. We recognize challenges exist for FE's merchant power segment. But with FE discussing restructuring options, based on EIX's experience in 2012-2014, we view a potential resolution as a positive catalyst, driving an SOTP implied total return of 14% vs. 2% for peers under coverage." (3/23/2017)
  • 3. Jefferies Group LLC analysts commented, "FE reported in-line quarterly estimates and, keeping with their plan to become a regulated utility, took a $9.2B charge associated with the write-down of their competitive assets. While we believe management will be successful in transitioning the company we struggle to see the stock achieving a "regulatedtype" valuation during this period and maintain our Hold rating." (2/23/2017)
  • 4. Bank of America Corporation analysts commented, "With new CEO Chuck Jones at the helm, the company appears poised to discuss initiatives that could reduce operating expenses," said the analysts, noting the company spends roughly $2.6 billion in fuel/commodity purchases, operating expenses and corporate spending.Related Link: Morgan Stanley Upgrades FirstEnergy To Overweight They believe FirstEnergy will aim to reduce this by roughly 5–10 percent over the next one to two years, with most of this from the competitive side."We find FirstEnergy's focus on balance sheet repair, deregulated stabilization, and regulated growth to be a welcome shift. Prior utilities shifting from deregulation (Dominion, Duke, AEP to name a few) have tended to see boosted relative valuations and improved financials since the last recession," (8/8/2016)

Who are some of FirstEnergy Corporation's key competitors?

Who are FirstEnergy Corporation's key executives?

FirstEnergy Corporation's management team includes the folowing people:

  • Charles Edward Jones Jr., President, Chief Executive Officer, Director
  • James F. Pearson, Chief Financial Officer, Executive Vice President
  • James H. Lash, Executive Vice President; President - FirstEnergy Generation
  • Steven E. Strah, Senior Vice President
  • K. Jon Taylor, Chief Accounting Officer, Vice President, Controller
  • Yeboah Amankwah, Vice President - State and Federal Regulatory Legal Affairs
  • Leila L. Vespoli, Executive Vice President, Corporate Strategy, Regulatory Affairs and Chief Legal Officer
  • George M. Smart, Non-Executive Independent Chairman of the Board
  • Paul T. Addison, Independent Director
  • Michael J. Anderson CPA, Independent Director

Who owns FirstEnergy Corporation stock?

FirstEnergy Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Great West Life Assurance Co. Can (0.41%), APG Asset Management N.V. (0.32%), State of New Jersey Common Pension Fund D (0.26%), Hexavest Inc. (0.21%), PGGM Investments (0.14%) and Chevy Chase Trust Holdings Inc. (0.11%). Company insiders that own FirstEnergy Corporation stock include Charles D Lasky, Donald R Schneider and Steven E Strah. View Institutional Ownership Trends for FirstEnergy Corporation.

Who sold FirstEnergy Corporation stock? Who is selling FirstEnergy Corporation stock?

FirstEnergy Corporation's stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Russell Investments Group Ltd., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Bank of Montreal Can, Aperio Group LLC, Nisa Investment Advisors LLC, Chevy Chase Trust Holdings Inc. and Exxonmobil Investment Management Inc. TX. Company insiders that have sold FirstEnergy Corporation stock in the last year include Charles D Lasky and Donald R Schneider. View Insider Buying and Selling for FirstEnergy Corporation.

Who bought FirstEnergy Corporation stock? Who is buying FirstEnergy Corporation stock?

FirstEnergy Corporation's stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, State of New Jersey Common Pension Fund D, APG Asset Management N.V., Bowling Portfolio Management LLC, Mn Services Vermogensbeheer B.V., CrestPoint Capital Management LLC, National Pension Service and Miller Howard Investments Inc. NY. View Insider Buying and Selling for FirstEnergy Corporation.

How do I buy FirstEnergy Corporation stock?

Shares of FirstEnergy Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is FirstEnergy Corporation's stock price today?

One share of FirstEnergy Corporation stock can currently be purchased for approximately $32.15.

MarketBeat Community Rating for FirstEnergy Corporation (NYSE FE)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  258 (Vote Outperform)
Underperform Votes:  494 (Vote Underperform)
Total Votes:  752
MarketBeat's community ratings are surveys of what our community members think about FirstEnergy Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for FirstEnergy Corporation (NYSE:FE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 10 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $33.93 (5.54% upside)

Analysts' Ratings History for FirstEnergy Corporation (NYSE:FE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/19/2017Citigroup Inc.Lower Price TargetNeutral$32.00 -> $31.00MediumView Rating Details
7/14/2017Tudor PickeringUpgradeTrim -> HoldMediumView Rating Details
7/11/2017Morgan StanleyReiterated RatingOverweightLowView Rating Details
6/26/2017Goldman Sachs Group, Inc. (The)DowngradePositive -> NeutralLowView Rating Details
6/26/2017Wolfe ResearchUpgradeUnderperform -> Market Perform$30.00 -> $32.00LowView Rating Details
6/19/2017Barclays PLCReiterated RatingOverweight$36.00 -> $37.00LowView Rating Details
5/1/2017Jefferies Group LLCLower Price TargetHold$32.00 -> $31.00LowView Rating Details
5/1/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$36.00 -> $32.00MediumView Rating Details
4/19/2017MizuhoReiterated RatingNeutral$31.25LowView Rating Details
1/10/2017Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
1/4/2017Royal Bank Of CanadaSet Price TargetHold$33.00N/AView Rating Details
12/20/2016Deutsche Bank AGDowngradeBuy -> Hold$38.00 -> $34.00N/AView Rating Details
10/18/2016Evercore ISIUpgradeHold -> BuyN/AView Rating Details
8/8/2016Bank of America CorporationUpgradeNeutral -> Buy$41.00 -> $40.00N/AView Rating Details
5/20/2016BMO Capital MarketsReiterated RatingHold$35.00N/AView Rating Details
3/28/2016MacquarieLower Price TargetOutperform$40.00 -> $36.50N/AView Rating Details
12/3/2015GuggenheimUpgradeNeutral -> Buy$39.00N/AView Rating Details
(Data available from 7/29/2015 forward)


Earnings History for FirstEnergy Corporation (NYSE:FE)
Earnings by Quarter for FirstEnergy Corporation (NYSE:FE)
Earnings History by Quarter for FirstEnergy Corporation (NYSE FE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2017Q2 2017$0.61$0.61$3.38 billion$3.30 billionViewN/AView Earnings Details
4/27/2017Q1 2017$0.71$0.78$3.64 billion$3.60 billionViewN/AView Earnings Details
2/21/2017Q416$0.40$0.38$3.82 billion$3.40 billionViewN/AView Earnings Details
11/4/2016Q316$0.76$0.90$3.83 billion$3.92 billionViewN/AView Earnings Details
7/28/2016Q216$0.54$0.56$3.38 billion$3.40 billionViewN/AView Earnings Details
4/26/2016Q116$0.75$0.80$3.86 billion$3.90 billionViewN/AView Earnings Details
2/16/2016Q415$0.57$0.58$3.92 billion$3.54 billionViewListenView Earnings Details
10/29/2015Q315$0.88$0.98$3.99 billion$4.10 billionViewListenView Earnings Details
7/30/2015Q215$0.48$0.53$3.31 billion$3.50 billionViewListenView Earnings Details
5/1/2015Q115$0.52$0.62$3.67 billion$3.90 billionViewN/AView Earnings Details
2/17/2015Q414$0.76$0.80$4.29 billion$3.50 billionViewN/AView Earnings Details
11/4/2014Q314$0.88$0.89$4.12 billion$3.90 billionViewN/AView Earnings Details
8/5/2014Q214$0.45$0.48$3.32 billion$3.50 billionViewN/AView Earnings Details
5/6/2014Q114$0.41$0.39$3.26 billion$4.19 billionViewN/AView Earnings Details
2/25/2014Q413$0.69$0.75$4.28 billionViewN/AView Earnings Details
11/5/2013Q313$0.92$0.94$4.30 billionViewN/AView Earnings Details
8/6/2013Q2 2013$0.54$0.59$3.61 billionViewListenView Earnings Details
5/7/2013Q1 2013$0.67$0.76$3.66 billionViewListenView Earnings Details
2/25/2013Q4 2012$0.80$0.80$4.60 billionViewListenView Earnings Details
11/8/2012Q312$1.07$1.11$4.66 billionViewN/AView Earnings Details
8/7/2012$0.65$0.59ViewN/AView Earnings Details
5/1/2012$0.80$0.82ViewN/AView Earnings Details
2/28/2012$0.85$0.77ViewN/AView Earnings Details
11/1/2011$1.22$1.34ViewN/AView Earnings Details
8/2/2011$0.71$0.65ViewN/AView Earnings Details
5/2/2011$0.74$0.69ViewN/AView Earnings Details
2/16/2011$0.76$0.71ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for FirstEnergy Corporation (NYSE:FE)
2017 EPS Consensus Estimate: $2.72
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.70$0.72$0.71
Q2 20172$0.60$0.62$0.61
Q3 20171$0.90$0.90$0.90
Q4 20171$0.50$0.50$0.50
(Data provided by Zacks Investment Research)


Current Dividend Information for FirstEnergy Corporation (NYSE:FE)
Next Dividend:9/1/2017
Annual Dividend:$1.44
Dividend Yield:4.48%
Dividend Growth:-13.20% (3 Year Average)
Payout Ratio:-12.31% (Trailing 12 Months of Earnings)
51.43% (Based on This Year's Estimates)
57.14% (Based on Next Year's Estimates)
Dividend Payments by Quarter for FirstEnergy Corporation (NYSE:FE)

Dividend History by Quarter for FirstEnergy Corporation (NYSE FE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for FirstEnergy Corporation (NYSE:FE)
Insider Ownership Percentage: 0.29%
Institutional Ownership Percentage: 77.87%
Insider Trades by Quarter for FirstEnergy Corporation (NYSE:FE)
Institutional Ownership by Quarter for FirstEnergy Corporation (NYSE:FE)
Insider Trades by Quarter for FirstEnergy Corporation (NYSE:FE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/20/2016Charles D LaskySVPSell5,149$31.36$161,472.64View SEC Filing  
12/20/2016Donald R SchneiderInsiderSell6,525$31.36$204,624.00View SEC Filing  
3/14/2016Steven E StrahSVPBuy560$35.59$19,930.40View SEC Filing  
5/4/2015Anthony J AlexanderChairmanSell54,436$36.85$2,005,966.60View SEC Filing  
2/26/2015Bennett L GainesSVPSell5,400$35.78$193,212.00View SEC Filing  
12/26/2014Lynnette M CavalierVPSell10,000$40.00$400,000.00View SEC Filing  
12/11/2014Lynnette M CavalierVPSell7,500$38.00$285,000.00View SEC Filing  
10/9/2014Lynnette M CavalierVPSell5,000$35.00$175,000.00View SEC Filing  
8/13/2014Bennett L GainesSVPSell5,400$32.25$174,150.00View SEC Filing  
5/29/2014Donald R SchneiderInsiderSell13,264$33.48$444,078.72View SEC Filing  
5/15/2014Charles JonesEVPSell14,010$32.28$452,242.80View SEC Filing  
3/12/2014Michael DowlingSVPSell4,379$30.80$134,873.20View SEC Filing  
8/5/2013Lynnette CavalierVPSell12,838$37.34$479,370.92View SEC Filing  
6/28/2013Charles E JonesSVPSell2,000$37.11$74,220.00View SEC Filing  
8/22/2012James H LashInsiderSell13,925$45.68$636,094.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for FirstEnergy Corporation (NYSE:FE)
Latest Headlines for FirstEnergy Corporation (NYSE:FE)
DateHeadline logoEdited Transcript of FE earnings conference call or presentation 28-Jul-17 2:00pm GMT - July 29 at 2:56 AM logoFirstEnergy (FE) Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - July 28 at 9:55 PM logo[$$] FirstEnergy to Meet With Creditors Next Week for Restructuring Talks - July 28 at 9:55 PM logoFirstEnergy Corporation (NYSE:FE) Issues Earnings Results - July 28 at 8:32 PM logoShould You Sell FirstEnergy (FE) Before Earnings? - Nasdaq - July 28 at 4:53 PM logoFirstEnergy (FE) Q2 Earnings Meet, Revenues Miss Estimates - July 28 at 4:52 PM logoFirstEnergy Corp. :FE-US: Earnings Analysis: Q2, 2017 By the Numbers : July 28, 2017 - July 28 at 4:52 PM logoEARNINGS SUMMARY: Details of FirstEnergy Corp. Q2 Earnings Report - July 28 at 12:13 AM logoFirstEnergy Corporation (NYSE:FE) Releases FY17 Earnings Guidance - July 27 at 11:14 PM logoFirstEnergy Corporation (FE) Releases Q3 Earnings Guidance - July 27 at 11:14 PM logoFirstEnergy Announces Second Quarter 2017 Results - July 27 at 7:09 PM logoFirstEnergy meets 2Q profit forecasts - July 27 at 7:08 PM logo Brokerages Anticipate FirstEnergy Corporation (NYSE:FE) Will Announce Earnings of $0.61 Per Share - July 26 at 11:56 PM logoShould You Sell FirstEnergy (FE) Before Earnings? - July 26 at 7:11 PM logoFirstEnergy Corporation to Post Q2 2017 Earnings of $0.62 Per Share, KeyCorp Forecasts (NYSE:FE) - July 26 at 9:02 AM logoWhat's in Store for FirstEnergy (FE) This Earnings Season? - July 24 at 8:05 PM logoWhat's in Store for FirstEnergy (FE) This Earnings Season? - July 24 at 8:05 PM logoAnalyzing PNM Resources, Inc. (Holding Co.) (PNM) & FirstEnergy Corporation (FE) - July 21 at 4:36 PM logoFirstEnergy to Webcast Second Quarter Earnings Teleconference - PR Newswire (press release) - July 20 at 4:15 PM logoFirstEnergy to Webcast Second Quarter Earnings Teleconference - July 20 at 4:15 PM logoA Look at FirstEnergy’s Expected 2Q17 Revenues and Drivers - July 20 at 4:15 PM logoBullish Two Hundred Day Moving Average Cross - FE - - Nasdaq - July 19 at 7:18 PM logoMon Power Employees Move to New Webster County Service Center - July 19 at 7:18 PM logoFirstEnergy Corporation (FE) PT Lowered to $31.00 - July 19 at 11:17 AM logoFirstEnergy Names Ebony Yeboah-Amankwah Vice President, Corporate Secretary, and Chief Ethics Officer - July 19 at 1:06 AM logoFirstEnergy Names Ebony Yeboah-Amankwah Vice President ... - PR Newswire (press release) - July 18 at 8:03 PM logoFirstEnergy Corporation Announces Quarterly Dividend of $0.36 (NYSE:FE) - July 18 at 4:57 PM logoFirstEnergy Corporation (FE) Given Average Recommendation of "Hold" by Analysts - July 18 at 12:13 PM logoEXC, FE, D, and ETR: A Look at Utilities’ Generation Mixes - July 17 at 10:45 AM logoFE, D, EXC, or ETR: Which Utility Stock Stung Investors? - July 17 at 10:45 AM logoFirstEnergy Corporation (FE) Stock Rating Upgraded by Tudor Pickering - July 15 at 10:16 PM logoFirstEnergy to Invest $600M for Upgrading Infrastructure - Nasdaq - July 14 at 7:37 PM logoFirstEnergy to Invest $600M for Upgrading Infrastructure - July 14 at 7:37 PM logoWhich Utilities Are Most Exposed to Troubled Nuclear Generation? - July 14 at 7:37 PM logoFirstEnergy Foundation Donates $50,000 to Support Reading Area Community College - July 13 at 7:56 PM logoFirstEnergy Launches Grid Modernization Program in Pennsylvania - July 12 at 7:18 PM logoFirstEnergy Corporation (NYSE:FE) Stock Rating Reaffirmed by Morgan Stanley - July 11 at 7:08 AM logoJersey Central Power & Light Announces Changes to Leadership Team - PR Newswire (press release) - July 10 at 6:29 PM logoJersey Central Power & Light Announces Changes to Leadership Team - July 10 at 6:29 PM logoFirstEnergy Corporation (FE) Given a $38.00 Price Target by Morgan Stanley Analysts - July 9 at 5:28 PM logoFirstEnergy Corp. Sees Unusually Large Options Volume (FE) - July 8 at 7:02 AM logoZacks Investment Research Lowers FirstEnergy Corporation (FE) to Sell - July 4 at 11:04 AM logoThai ethane cracker developer buys FirstEnergy land in Ohio - June 30 at 6:52 PM logoPotomac Edison Invites Customers to Enter "Summer of Cool" Photo Contest - June 30 at 6:52 PM logoMet-Ed Invites Customers to Enter "Summer of Cool" Photo Contest - June 30 at 6:52 PM logoMon Power Invites Customers to Enter "Summer of Cool" Photo Contest - June 30 at 6:52 PM logoPenn Power Invites Customers to Enter "Summer of Cool" Photo Contest - June 30 at 6:52 PM logoJersey Central Power & Light Invites Customers to Enter "Summer of Cool" Photo Contest - June 30 at 6:52 PM logoToledo Edison Invites Customers to Enter "Summer of Cool" Photo Contest - June 30 at 6:52 PM logoThe Illuminating Company Invites Customers to Enter "Summer of Cool" Photo Contest - June 30 at 6:52 PM



FirstEnergy Corporation (FE) Chart for Saturday, July, 29, 2017

This page was last updated on 7/29/2017 by Staff