NYSE:FEFirstEnergy Stock Price, Forecast & 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 (WHO). Since then, FE shares have decreased by 5.1% and is now trading at $40.92. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for FirstEnergy.

FirstEnergy is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for FirstEnergy.

FirstEnergy Corp. (NYSE:FE) released its quarterly earnings results on Thursday, April, 23rd. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.03. The utilities provider earned $2.70 billion during the quarter, compared to analysts' expectations of $2.87 billion. FirstEnergy had a return on equity of 19.57% and a net margin of 6.13%. FirstEnergy's revenue was down 6.9% compared to the same quarter last year. During the same period last year, the firm earned $0.67 EPS. View FirstEnergy's earnings history.

FirstEnergy announced a quarterly dividend on Tuesday, March 17th. Shareholders of record on Thursday, May 7th will be given a dividend of $0.39 per share on Monday, June 1st. This represents a $1.56 annualized dividend and a yield of 3.81%. The ex-dividend date of this dividend is Wednesday, May 6th. View FirstEnergy's dividend history.

FirstEnergy issued an update on its FY20 earnings guidance on Thursday, April, 23rd. The company provided earnings per share (EPS) guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.46.

10 analysts have issued 1 year target prices for FirstEnergy's shares. Their forecasts range from $41.00 to $54.00. On average, they anticipate FirstEnergy's stock price to reach $47.91 in the next twelve months. This suggests a possible upside of 17.1% from the stock's current price. View analysts' price targets for FirstEnergy.

News stories about FE stock have been trending somewhat negative on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. FirstEnergy earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about FirstEnergy.

Some companies that are related to FirstEnergy include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), Edison International (EIX), Entergy (ETR), PPL (PPL), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and Portland General Electric (POR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other FirstEnergy investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Exxon Mobil (XOM), Pfizer (PFE), Bank of America (BAC), General Electric (GE), AbbVie (ABBV), Amgen (AMGN) and Dominion Energy (D).

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

FirstEnergy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.39%), Envestnet Asset Management Inc. (0.06%), State of Alaska Department of Revenue (0.04%), Mount Yale Investment Advisors LLC (0.02%), IFM Investors Pty Ltd (0.01%) and Louisiana State Employees Retirement System (0.00%). 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 State of Alaska Department of Revenue, Mount Yale Investment Advisors LLC, Envestnet Asset Management Inc., IFM Investors Pty Ltd, Whittier Trust Co., Wesbanco Bank Inc., Gradient Investments LLC, and Whittier Trust Co. of Nevada Inc.. View insider buying and selling activity for FirstEnergy.

FE stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Canandaigua National Corp, Icon Wealth Partners LLC, Cullinan Associates Inc., NuWave Investment Management LLC, Global Retirement Partners LLC, Howe & Rusling Inc., and Patriot Financial Group Insurance Agency 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 $40.92.

FirstEnergy has a market capitalization of $22.17 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]