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NYSE:FE

FirstEnergy (FE) Stock Price, News & Analysis

FirstEnergy logo
$39.79 +0.63 (+1.61%)
(As of 12/20/2024 05:16 PM ET)

About FirstEnergy Stock (NYSE:FE)

Key Stats

Today's Range
$38.81
$39.87
50-Day Range
$39.14
$44.27
52-Week Range
$35.41
$44.97
Volume
7.89 million shs
Average Volume
2.92 million shs
Market Capitalization
$22.93 billion
P/E Ratio
25.67
Dividend Yield
4.27%
Price Target
$46.27
Consensus Rating
Hold

Company Overview

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, wind, and solar power generating facilities. It operates 24,080 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 274,518 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.

FirstEnergy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
88th Percentile Overall Score

FE MarketRank™: 

FirstEnergy scored higher than 88% of companies evaluated by MarketBeat, and ranked 21st out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    FirstEnergy has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 6 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    FirstEnergy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about FirstEnergy's stock forecast and price target.
  • Earnings Growth

    Earnings for FirstEnergy are expected to grow by 8.21% in the coming year, from $2.68 to $2.90 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of FirstEnergy is 25.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of FirstEnergy is 25.67, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.36.

  • Price to Earnings Growth Ratio

    FirstEnergy has a PEG Ratio of 2.18. 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 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.95% 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 3.9, 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 7.77%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    FirstEnergy is a leading dividend payer. It pays a dividend yield of 4.26%, 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 109.68%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, FirstEnergy will have a dividend payout ratio of 58.62% next year. This indicates that FirstEnergy will be able to sustain or increase its dividend.

  • Read more about FirstEnergy's dividend.
  • Percentage of Shares Shorted

    1.95% 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 3.9, 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 7.77%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    FirstEnergy has a news sentiment score of 0.77. 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 news sentiment score is similar to the average news sentiment of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 39 news articles for FirstEnergy this week, compared to 11 articles on an average week.
  • Search Interest

    16 people have searched for FE on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added FirstEnergy to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • 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 0.08% of the stock of FirstEnergy is held by insiders.

  • Percentage Held by Institutions

    89.41% of the stock of FirstEnergy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about FirstEnergy's insider trading history.
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FE Stock News Headlines

FirstEnergy Corp Announces Key Leadership Appointments
FirstEnergy Names Three to Vice President Roles
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FirstEnergy PA receives approval for infrastructure improvement plans
3 High-Dividend Utility Stocks for Reliable Income
FirstEnergy Corp. (NYSE:FE) Receives $46.27 Average PT from Analysts
See More Headlines

FE Stock Analysis - Frequently Asked Questions

FirstEnergy's stock was trading at $36.66 at the beginning of 2024. Since then, FE shares have increased by 8.5% and is now trading at $39.79.
View the best growth stocks for 2024 here
.

FirstEnergy Corp. (NYSE:FE) issued its quarterly earnings results on Tuesday, October, 29th. The utilities provider reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by $0.05. The company's revenue was up 6.9% compared to the same quarter last year.
Read the conference call transcript
.

FirstEnergy subsidiaries include these companies: Allegheny Energy, GPU Inc, MARBEL Energy Corporation, FirstEnergy Service Company, FirstEnergy Transmission LLC, FirstEnergy Ventures Corp., Jersey Central Power & Light Company, and others.

FirstEnergy's top institutional shareholders include Geode Capital Management LLC (2.12%), Allspring Global Investments Holdings LLC (1.58%), Zimmer Partners LP (0.64%) and Franklin Resources Inc. (0.62%).
View institutional ownership trends
.

Shares of FE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that FirstEnergy investors own include Chevron (CVX), Comcast (CMCSA), Bristol-Myers Squibb (BMY), Charles Schwab (SCHW), McKesson (MCK), Edwards Lifesciences (EW) and Yum! Brands (YUM).

Company Calendar

Last Earnings
10/29/2024
Ex-Dividend for 12/1 Dividend
11/07/2024
Dividend Payable
12/01/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
33793210
Employees
12,042
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$46.27
High Stock Price Target
$50.00
Low Stock Price Target
$41.00
Potential Upside/Downside
+16.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$1.10 billion
Pretax Margin
10.35%

Debt

Sales & Book Value

Annual Sales
$13.44 billion
Cash Flow
$4.73 per share
Book Value
$19.02 per share

Miscellaneous

Free Float
575,856,000
Market Cap
$22.93 billion
Optionable
Optionable
Beta
0.51

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This page (NYSE:FE) was last updated on 12/21/2024 by MarketBeat.com Staff
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