About FirstEnergy (NYSE:FE)
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates coal-fired, nuclear, hydroelectric, oil and natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,493 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 276,555 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 164,470,215 kilovolt-amperes. The company serves approximately six million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is headquartered in Akron, Ohio.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNYSE:FE
CUSIP33793210
Phone800-736-3402
Debt
Debt-to-Equity Ratio5.38%
Current Ratio0.76%
Quick Ratio0.65%
Price-To-Earnings
Trailing P/E Ratio11.17
Forward P/E Ratio14.47
P/E Growth14.51
Sales & Book Value
Annual Sales$14.02 billion
Price / Sales1.16
Cash Flow$6.9554 per share
Price / Cash4.93
Book Value$8.82 per share
Price / Book3.89
Profitability
EPS (Most Recent Fiscal Year)$3.07
Net Income$-1,724,000,000.00
Net Margins-12.30%
Return on Equity24.02%
Return on Assets3.17%
Miscellaneous
Employees15,617
Outstanding Shares475,590,000
FirstEnergy (NYSE:FE) Frequently Asked Questions
What is FirstEnergy's stock symbol?
FirstEnergy trades on the New York Stock Exchange (NYSE) under the ticker symbol "FE."
How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy?
FirstEnergy announced a quarterly dividend on Tuesday, March 20th. Investors of record on Monday, May 7th will be given a dividend of $0.36 per share on Friday, June 1st. This represents a $1.44 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Friday, May 4th. View FirstEnergy's Dividend History.
How were FirstEnergy's earnings last quarter?
FirstEnergy (NYSE:FE) posted its quarterly earnings data on Monday, April, 23rd. The utilities provider reported $0.67 earnings per share for the quarter, missing analysts' consensus estimates of $0.68 by $0.01. The utilities provider had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $3.36 billion. FirstEnergy had a negative net margin of 12.30% and a positive return on equity of 24.02%. The firm's revenue for the quarter was down 18.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.78 EPS. View FirstEnergy's Earnings History.
When is FirstEnergy's next earnings date?
What guidance has FirstEnergy issued on next quarter's earnings?
FirstEnergy issued an update on its FY18 earnings guidance on Monday, April, 23rd. The company provided earnings per share (EPS) guidance of $2.25-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.42.
What price target have analysts set for FE?
15 Wall Street analysts have issued twelve-month price objectives for FirstEnergy's shares. Their forecasts range from $32.00 to $47.00. On average, they anticipate FirstEnergy's share price to reach $35.75 in the next year. View Analyst Ratings for FirstEnergy.
Are investors shorting FirstEnergy?
FirstEnergy saw a decrease in short interest in April. As of April 13th, there was short interest totalling 32,294,420 shares, a decrease of 7.7% from the March 30th total of 35,004,854 shares. Based on an average daily volume of 3,673,920 shares, the short-interest ratio is currently 8.8 days. Currently, 6.8% of the company's shares are short sold.
Who are some of FirstEnergy's key competitors?
Some companies that are related to FirstEnergy include Enel (ENLAY), Southern (SO), Dominion Energy (D), American Electric Power (AEP), CLP Group (CLPHY), Tenaga Nasional Bhd (TNABY), Korea Electric Power (KEP), Edison International (EIX), PPL (PPL), SSE (SSEZY), Eversource Energy (ES), DTE Energy (DTE), Avangrid (AGR), Energias de Portugal (EDPFY) and Entergy (ETR).
Who are FirstEnergy's key executives?
FirstEnergy's management team includes the folowing people:
- Mr. Charles E. Jones Jr., Pres, CEO & Director (Age 62)
- Mr. James F. Pearson, Exec. VP of Fin. (Age 64)
- Ms. Leila L. Vespoli Esq., Exec. VP of Corp. Strategy & Regulatory Affairs and Chief Legal Officer (Age 58)
- Mr. Donald R. Schneider, Director (Age 56)
- Mr. Steven E. Strah, Sr. VP & CFO of FirstEnergy Service Company (Age 54)
Has FirstEnergy been receiving favorable news coverage?
News headlines about FE stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FirstEnergy earned a media sentiment score of 0.16 on Accern's scale. They also gave media stories about the utilities provider an impact score of 46.95 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is FirstEnergy's stock price today?
One share of FE stock can currently be purchased for approximately $34.29.
How big of a company is FirstEnergy?
FirstEnergy has a market capitalization of $16.38 billion and generates $14.02 billion in revenue each year. The utilities provider earns $-1,724,000,000.00 in net income (profit) each year or $3.07 on an earnings per share basis. FirstEnergy employs 15,617 workers across the globe.
How can I contact FirstEnergy?
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]
MarketBeat Community Rating for FirstEnergy (FE)
MarketBeat's community ratings are surveys of what our community members think about FirstEnergy and other stocks. Vote "Outperform" if you believe FE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FE will underperform the S&P 500 over the long term. You may vote once every thirty days.
FirstEnergy (NYSE:FE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
15 Wall Street analysts have issued ratings and price targets for FirstEnergy in the last 12 months. Their average twelve-month price target is $35.75, suggesting that the stock has a possible upside of 4.26%. The high price target for FE is $47.00 and the low price target for FE is $32.00. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Hold | Hold |
| Consensus Rating Score: | 2.53 | 2.53 | 2.36 | 2.27 |
| Ratings Breakdown: | 0 Sell Rating(s)
7 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
7 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
9 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
11 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $35.75 | $35.50 | $35.3750 | $34.2083 |
| Price Target Upside: | 4.26% upside | 12.38% upside | 14.78% upside | 6.87% upside |
FirstEnergy (NYSE:FE) Consensus Price Target History
FirstEnergy (NYSE:FE) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
FirstEnergy (NYSE:FE) Dividend Information
FirstEnergy pays an annual dividend of $1.44 per share, with a dividend yield of 4.20%. FE's next quarterly dividend payment will be made on Friday, June 1. FirstEnergy pays out 46.91% of its earnings out as a dividend.
| Next Dividend: | 6/1/2018 |
| Annual Dividend: | $1.44 |
| Dividend Yield: | 4.20% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 46.91% (Trailing 12 Months of Earnings)
60.76% (Based on This Year's Estimates)
59.50% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
FirstEnergy (NYSE:FE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/20/2018 | quarterly | $0.36 | 4.26793123888559% | 5/4/2018 | 5/7/2018 | 6/1/2018 |
| 1/16/2018 | quarterly | $0.36 | 4.23% | 2/6/2018 | 2/7/2018 | 3/1/2018 |
| 9/19/2017 | quarterly | $0.36 | 4.62% | 11/6/2017 | 11/7/2017 | 12/1/2017 |
| 7/18/2017 | quarterly | $0.36 | 4.69% | 8/3/2017 | 8/7/2017 | 9/1/2017 |
| 3/21/2017 | quarterly | $0.36 | 4.58% | 5/3/2017 | 5/5/2017 | 6/1/2017 |
| 1/17/2017 | quarterly | $0.36 | 4.68% | 2/3/2017 | 2/7/2017 | 3/1/2017 |
| 9/20/2016 | quarterly | $0.36 | 4.17% | 11/3/2016 | 11/7/2016 | 12/1/2016 |
| 7/19/2016 | quarterly | $0.36 | 4% | 8/3/2016 | 8/5/2016 | 9/1/2016 |
| 3/15/2016 | quarterly | $0.36 | 4.01% | 5/4/2016 | 5/6/2016 | 6/1/2016 |
| 1/19/2016 | quarterly | $0.36 | 4.63% | 2/3/2016 | 2/5/2016 | 3/1/2016 |
| 9/15/2015 | quarterly | $0.36 | 4.56% | 11/4/2015 | 11/6/2015 | 12/1/2015 |
| 7/21/2015 | quarterly | $0.36 | 4.32% | 8/5/2015 | 8/7/2015 | 9/1/2015 |
| 3/17/2015 | quarterly | $0.36 | 3.99% | 5/5/2015 | 5/7/2015 | 6/1/2015 |
| 1/20/2015 | quarterly | $0.36 | 3.49% | 2/4/2015 | 2/6/2015 | 3/1/2015 |
| 9/16/2014 | quarterly | $0.36 | 4.15% | 11/5/2014 | 11/7/2014 | 12/1/2014 |
| 7/15/2014 | quarterly | $0.36 | 4.47% | 8/5/2014 | 8/7/2014 | 9/1/2014 |
| 3/18/2014 | quarterly | $0.36 | 4.54% | 5/5/2014 | 5/7/2014 | 6/1/2014 |
| 1/21/2014 | quarterly | $0.36 | 4.63% | 2/5/2014 | 2/7/2014 | 3/1/2014 |
| 9/17/2013 | quarterly | $0.55 | 5.8% | 11/5/2013 | 11/7/2013 | 12/1/2013 |
| 7/16/2013 | quarterly | $0.55 | 5.72% | 8/5/2013 | 8/7/2013 | 9/1/2013 |
| 3/19/2013 | quarterly | $0.55 | 5.24% | 5/3/2013 | 5/7/2013 | 6/1/2013 |
| 12/18/2012 | quarterly | $0.55 | 5.3% | 2/5/2013 | 2/7/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
FirstEnergy (NYSE FE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.27%
Institutional Ownership Percentage: 78.69%
FirstEnergy (NYSE FE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/13/2018 | Gurminder Singh Sangha | Insider | Buy | 1,500 | $0.23 | $345.00 | | |
| 9/11/2017 | Donald T Misheff | Director | Buy | 100 | $32.53 | $3,253.00 | 100 |  |
| 12/20/2016 | Charles D Lasky | SVP | Sell | 5,149 | $31.36 | $161,472.64 | 61,352 | |
| 12/20/2016 | Donald R Schneider | Insider | Sell | 6,525 | $31.36 | $204,624.00 | 22,485 | |
| 3/14/2016 | Steven E Strah | SVP | Buy | 560 | $35.59 | $19,930.40 | 6,115 | |
| 5/4/2015 | Anthony J Alexander | Chairman | Sell | 54,436 | $36.85 | $2,005,966.60 | | |
| 2/26/2015 | Bennett L Gaines | SVP | Sell | 5,400 | $35.78 | $193,212.00 | | |
| 12/26/2014 | Lynnette M Cavalier | VP | Sell | 10,000 | $40.00 | $400,000.00 | | |
| 12/11/2014 | Lynnette M Cavalier | VP | Sell | 7,500 | $38.00 | $285,000.00 | | |
| 10/9/2014 | Lynnette M Cavalier | VP | Sell | 5,000 | $35.00 | $175,000.00 | | |
| 8/13/2014 | Bennett L Gaines | SVP | Sell | 5,400 | $32.25 | $174,150.00 | | |
| 5/29/2014 | Donald R Schneider | Insider | Sell | 13,264 | $33.48 | $444,078.72 | | |
| 5/15/2014 | Charles Jones | EVP | Sell | 14,010 | $32.28 | $452,242.80 | 60,572 | |
| 3/12/2014 | Michael Dowling | SVP | Sell | 4,379 | $30.80 | $134,873.20 | 7,902 | |
| 8/5/2013 | Lynnette Cavalier | VP | Sell | 12,838 | $37.34 | $479,370.92 | 49,698 | |
| 6/28/2013 | Charles E Jones | SVP | Sell | 2,000 | $37.11 | $74,220.00 | | |
| 8/22/2012 | James H Lash | Insider | Sell | 13,925 | $45.68 | $636,094.00 | | |
(Data available from 1/1/2013 forward)
FirstEnergy (NYSE FE) News Headlines
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FirstEnergy (NYSE:FE) SEC Filings
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FirstEnergy (NYSE:FE) Income Statement, Balance Sheet and Cash Flow Statement
FirstEnergy (NYSE FE) Stock Chart for Wednesday, April, 25, 2018
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