NYSE:FE FirstEnergy (FE) Stock Price, News & Analysis $43.49 -0.20 (-0.46%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About FirstEnergy Stock (NYSE:FE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$43.23▼$43.9550-Day Range$38.86▼$44.5452-Week Range$32.18▼$44.97Volume4.11 million shsAverage Volume2.94 million shsMarket Capitalization$25.03 billionP/E Ratio24.99Dividend Yield3.91%Price Target$43.60Consensus RatingHold Company OverviewFirstEnergy 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.Read More… This diversified cannabis pioneer could make huge moves soon (Ad)The cannabis industry seems deeply saturated, so how do you know where to best invest your money? Let’s start with diversification and experience. Founded in 2005, this company serves a diverse and expansive customer base with more than 8,000 retail locations, including licensed cannabis dispensaries, smoke shops, and specialty retailers. Learn more here. FirstEnergy Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 76th PercentileFirstEnergy scored higher than 76% of companies evaluated by MarketBeat, and ranked 40th out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.1 / 5Analyst RatingHold Consensus RatingFirstEnergy has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 3 buy ratings, 5 hold ratings, and 1 sell rating.Amount of Analyst CoverageFirstEnergy 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 and Valuation2.5 / 5Proj. Earnings Growth7.41% Earnings GrowthEarnings for FirstEnergy are expected to grow by 7.41% in the coming year, from $2.70 to $2.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FirstEnergy is 24.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.39.Price to Earnings Ratio vs. SectorThe P/E ratio of FirstEnergy is 24.99, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.02.Price to Earnings Growth RatioFirstEnergy has a PEG Ratio of 2.32. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFirstEnergy has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about FirstEnergy's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted1.95% of the outstanding shares of FirstEnergy have been sold short.Short Interest Ratio / Days to CoverFirstEnergy has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in FirstEnergy has recently increased by 0.90%, indicating that investor sentiment is decreasing. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipFirstEnergy is a leading dividend payer. It pays a dividend yield of 3.86%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirstEnergy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of FirstEnergy is 97.70%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased 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. Sustainability and ESG0.3 / 5Environmental Score-7.52 Percentage of Shares Shorted1.95% of the outstanding shares of FirstEnergy have been sold short.Short Interest Ratio / Days to CoverFirstEnergy has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in FirstEnergy has recently increased by 0.90%, indicating that investor sentiment is decreasing. News and Social Media2.0 / 5News Sentiment0.57 News SentimentFirstEnergy has a news sentiment score of 0.57. 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 WeekMarketBeat has tracked 16 news articles for FirstEnergy this week, compared to 9 articles on an average week.Search InterestOnly 6 people have searched for FE on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added FirstEnergy to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, FirstEnergy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.08% of the stock of FirstEnergy is held by insiders.Percentage Held by Institutions89.41% 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. FE Stock News HeadlinesUtility ordered to pay $100 million for its role in Ohio bribery schemeAn Ohio-based energy company at the center of a $60 million bribery scheme has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million fineSeptember 12, 2024 | marketbeat.comFirstEnergy (NYSE:FE) Price Target Increased to $46.00 by Analysts at KeyCorpSeptember 18 at 3:11 AM | americanbankingnews.comWar on Elon Escalates… Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.September 18, 2024 | Porter & Company (Ad)Northeast Ohio Balloon Festival Attendees Can Learn Important Electrical Safety Tips at Live DemoSeptember 16 at 2:33 PM | prnewswire.comSettlement Reached in FirstEnergy Pennsylvania's Rate Review that Supports Enhanced Service Reliability and Customer Assistance ProgramsSeptember 16 at 10:30 AM | prnewswire.comWall Street Breakfast Podcast: Boeing Workers Strike After Rejecting ContractSeptember 14, 2024 | seekingalpha.comFirstEnergy Agrees To $100 Million Bribery Case Settlement With SECSeptember 13, 2024 | investopedia.comFirstEnergy to pay $100 million to settle SEC charges in bribery scandalSeptember 12, 2024 | bizjournals.comSee More Headlines FE Stock Analysis - Frequently Asked Questions How have FE shares performed this year? FirstEnergy's stock was trading at $36.66 at the beginning of the year. Since then, FE stock has increased by 18.6% and is now trading at $43.49. View the best growth stocks for 2024 here. How were FirstEnergy's earnings last quarter? FirstEnergy Corp. (NYSE:FE) released its quarterly earnings data on Tuesday, July, 30th. The utilities provider reported $0.56 earnings per share for the quarter, meeting the consensus estimate of $0.56. The utilities provider earned $3.28 billion during the quarter, compared to analyst estimates of $3.47 billion. FirstEnergy had a net margin of 6.61% and a trailing twelve-month return on equity of 12.12%. Read the conference call transcript. Does FirstEnergy have any subsidiaries? The following companies are subsidiaries of FirstEnergy: Allegheny Energy, GPU Inc, MARBEL Energy Corporation, FirstEnergy Service Company, FirstEnergy Transmission LLC, FirstEnergy Ventures Corp., Jersey Central Power & Light Company, and more. Who are FirstEnergy's major shareholders? Top institutional shareholders of FirstEnergy include Allspring Global Investments Holdings LLC (1.50%), First Pacific Advisors LP (0.62%), 1832 Asset Management L.P. (0.47%) and Dimensional Fund Advisors LP (0.33%). View institutional ownership trends. How do I buy shares of FirstEnergy? 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. What other stocks do shareholders of FirstEnergy own? Based on aggregate information from My MarketBeat watchlists, some other companies that FirstEnergy investors own include AT&T (T), Intel (INTC), Cisco Systems (CSCO), Exxon Mobil (XOM), Pfizer (PFE), Verizon Communications (VZ) and Johnson & Johnson (JNJ). Company Calendar Last Earnings7/30/2024Ex-Dividend for 9/1 Dividend8/07/2024Dividend Payable9/01/2024Today9/18/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryElectric Utilities Current SymbolNYSE:FE CUSIP33793210 CIK1031296 Webwww.firstenergycorp.com Phone(800) 736-3402Fax330-384-3866Employees12,042Year Founded1997Price Target and Rating Average Stock Price Target$43.60 High Stock Price Target$48.00 Low Stock Price Target$38.00 Potential Upside/Downside+0.3%Consensus RatingHold Rating Score (0-4)2.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.74 Trailing P/E Ratio24.99 Forward P/E Ratio16.11 P/E Growth2.32Net Income$1.10 billion Net Margins6.61% Pretax Margin9.86% Return on Equity12.12% Return on Assets3.00% Debt Debt-to-Equity Ratio1.52 Current Ratio0.51 Quick Ratio0.43 Sales & Book Value Annual Sales$13.20 billion Price / Sales1.90 Cash Flow$4.72 per share Price / Cash Flow9.22 Book Value$19.02 per share Price / Book2.29Miscellaneous Outstanding Shares575,516,000Free Float575,056,000Market Cap$25.03 billion OptionableOptionable Beta0.50 Social Links Should I Buy FirstEnergy Stock? FE Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these FirstEnergy pros and cons to contact@marketbeat.com. FirstEnergy Bull Case Here are some ways that investors could benefit from investing in FirstEnergy Corp.: FirstEnergy Corp. stock price has been steadily increasing, reaching $43.20 on the latest trading day, indicating positive momentum. FirstEnergy Corp. has a consistent track record of paying dividends, with a current annualized dividend yield of 3.94%, providing investors with a steady income stream. Analysts have set a consensus target price of $42.18 for FirstEnergy Corp., suggesting potential for stock price appreciation. FirstEnergy Corp. reported earnings per share in line with analyst estimates, demonstrating stability and meeting market expectations. FirstEnergy Corp. operates in the regulated distribution and transmission segments, providing a stable revenue stream and reducing exposure to market volatility. FirstEnergy Bear Case Investors should be bearish about investing in FirstEnergy Corp. for these reasons: FirstEnergy Corp. has a debt-to-equity ratio of 1.52, which may indicate higher financial leverage and potential risks associated with debt obligations. Market analysts have issued a sell rating for FirstEnergy Corp. stock, suggesting caution in the investment outlook. FirstEnergy Corp.'s revenue for the latest quarter was below analyst estimates, indicating potential challenges in revenue generation. FirstEnergy Corp.'s price-to-earnings ratio of 24.83 may be considered relatively high compared to industry peers, potentially limiting upside potential. FirstEnergy Corp. has a beta of 0.49, indicating lower volatility compared to the market average, which may limit potential returns for more aggressive investors. This page (NYSE:FE) was last updated on 9/18/2024 by MarketBeat.com Staff From Our PartnersThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? Let’s start ...Greenlane | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredUnlock the Secret to Easy Wins with Iron CondorsDiscover the power of Iron Condor trades – a low-risk, high-reward strategy that allows you to profit consiste...Netpicks | SponsoredSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. 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