FirstEnergy Corp. (FE)

NYSE: FE · IEX Real-Time Price · USD
38.25
-0.06 (-0.16%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.16%
Market Cap 22.01B
Revenue (ttm) 12.93B
Net Income (ttm) 1.06B
Shares Out 575.52M
EPS (ttm) 1.85
PE Ratio 20.68
Forward PE 13.49
Dividend $1.70 (4.44%)
Ex-Dividend Date May 6, 2024
Volume 3,573,399
Open 38.44
Previous Close 38.31
Day's Range 38.07 - 38.52
52-Week Range 32.18 - 40.65
Beta 0.49
Analysts Hold
Price Target 40.30 (+5.36%)
Earnings Date Jul 30, 2024

About FE

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 circuit... [Read more]

Sector Utilities
Founded 1996
Employees 18,000
Stock Exchange NYSE
Ticker Symbol FE
Full Company Profile

Financial Performance

In 2023, FirstEnergy's revenue was $12.87 billion, an increase of 3.30% compared to the previous year's $12.46 billion. Earnings were $1.10 billion, an increase of 171.43%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for FE stock is "Hold." The 12-month stock price forecast is $40.3, which is an increase of 5.36% from the latest price.

Price Target
$40.3
(5.36% upside)
Analyst Consensus: Hold
Stock Forecasts

News

JCP&L Upgrading Morristown Substation to Reduce Power Outages

$78 million flood mitigation project will enhance service reliability for 23,000 customers MORRISTOWN, N.J. , July 2, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power ...

10 hours ago - PRNewsWire

Penelec Storm Drill Focuses on Efficient Power Restoration to Customers Following Severe Weather

Exercise familiarizes FirstEnergy employees with storm roles and processes ERIE, Pa. , July 2, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp....

11 hours ago - PRNewsWire

FirstEnergy to Webcast Second Quarter Earnings Teleconference

AKRON, Ohio, July 1, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the second quarter and first half of 2024 after markets close on Tuesday, July 30. These resul...

1 day ago - PRNewsWire

Mon Power and Potomac Edison Complete Inspections and Maintenance to Help Reduce Outages for West Virginia Customers This Summer

Companies offer tips for customers to manage rising temperatures and energy costs FAIRMONT, W.Va. , June 26, 2024 /PRNewswire/ -- In anticipation of increased electric use along with the potential for...

6 days ago - PRNewsWire

Potomac Edison Completes Inspections and Maintenance to Help Reduce Outages for Maryland Customers This Summer

Company offers tips for customers to manage rising temperatures  and energy costs WILLIAMSPORT, Md. , June 26, 2024 /PRNewswire/ -- In anticipation of increased electric use along with the potential f...

6 days ago - PRNewsWire

Newsweek Names FirstEnergy as One of America's Greatest Workplaces in 2024

FirstEnergy's efforts to promote diversity and mental wellbeing highlighted AKRON, Ohio , June 26, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has been named to three America's Greatest Workplac...

6 days ago - PRNewsWire

FirstEnergy's Ohio Electric Companies Complete Proactive Work to Help Enhance Service Reliability for Customers Through Summer Season

Company offers tips for customers to manage rising temperatures and energy costs AKRON, Ohio , June 25, 2024 /PRNewswire/ -- With the hot summer months likely to produce higher electric usage and pote...

7 days ago - PRNewsWire

Inspection and Maintenance Work Nears Completion to Enhance Service Reliability in Penelec's Service Area for Customers Through Summer Season

Company offers tips for customers to manage rising temperatures and energy costs ERIE, Pa. , June 24, 2024 /PRNewswire/ -- With the hot, humid summer months expected to produce higher electric usage a...

8 days ago - PRNewsWire

Inspection and Maintenance Work Nears Completion to Enhance Service Reliability in Penn Power's Service Area for Customers Through Summer Season

Company offers tips for customers to manage rising temperatures and energy costs NEW CASTLE, Pa. , June 24, 2024 /PRNewswire/ -- With the hot, humid summer months expected to produce higher electric u...

8 days ago - PRNewsWire

Inspection and Maintenance Work Nears Completion to Enhance Service Reliability in West Penn Power's Service Area for Customers Through Summer

Company offers tips for customers to manage rising temperatures and energy costs GREENSBURG, Pa. , June 24, 2024 /PRNewswire/ -- With the hot, humid summer months expected to produce higher electric u...

8 days ago - PRNewsWire

Inspection and Maintenance Work Nears Completion in Met-Ed's Service Area to Enhance Service Reliability for Customers Through Summer

Company offers tips for customers to manage rising temperatures and energy costs READING, Pa. , June 24, 2024 /PRNewswire/ -- With the hot, humid summer months expected to produce higher electric usag...

8 days ago - PRNewsWire

FirstEnergy CEO on U.S. heat wave

FirstEnergy CEO Brian Tierney joins 'Money Movers' to discuss the company's response to the U.S. heat wave, the impact of data centers, and more

8 days ago - CNBC Television

FirstEnergy Electric Companies Prepared to Handle Early Summer Heat Wave

Companies offer tips on how to use electricity wisely this season AKRON, Ohio , June 14, 2024 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) distribution and transmission system is prepared to meet th...

18 days ago - PRNewsWire

New Jersey Customers Encouraged to Apply for Payment Assistance Programs During Utility Assistance Awareness Week

JCP&L offers a variety of assistance programs and payment plans to help eligible customers HOLMDEL, N.J. , June 11, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEner...

21 days ago - PRNewsWire

FirstEnergy Names Nikhil Rao Associate General Counsel, Litigation and Labor & Employment

AKRON, Ohio , June 11, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has promoted Nikhil Rao to the role of Associate General Counsel, Litigation and Labor & Employment, effective June 16. In his ...

21 days ago - PRNewsWire

FirstEnergy Names Stephen Avila Vice President, Customer Care

AKRON, Ohio , June 11, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has named Stephen Avila to the role of Vice President of Customer Care, effective June 3. Avila will lead the work leveraging i...

21 days ago - PRNewsWire

Storm Drill Helps Mon Power Employees Prepare for Severe Weather Events

Exercise reinforces storm roles and processes for employees FAIRMONT, W.Va. , June 10, 2024 /PRNewswire/ -- Mon Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), recently completed an annual emerge...

22 days ago - PRNewsWire

Annual Storm Restoration Drill Helps Electric Company Employees Prepare for Severe Weather Events

Exercise familiarizes FirstEnergy employees with storm roles and processes GREENSBURG, Pa. , June 5, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy...

27 days ago - PRNewsWire

Keeping Ohio's Lakeshore Roads Safe During Mayfly Season

Ohio Edison to suspend streetlight service in some areas to deter flies from gathering AKRON, Ohio , June 3, 2024 /PRNewswire/ -- As communities along Lake Erie prepare for the mass arrival of mayflie...

4 weeks ago - PRNewsWire

FirstEnergy's Ohio Utilities Seek Review of Electric Rates to Continue Service Reliability Enhancements and Support New Customer Assistance Program

AKRON, Ohio , May 31, 2024 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) Ohio electric companies – Ohio Edison, The Illuminating Company, and Toledo Edison – today are filing a request with the Publi...

4 weeks ago - PRNewsWire

FirstEnergy Holds 2024 Annual Meeting

President and CEO Brian X. Tierney highlights company's progress and strong position in shareholder address; Company announces preliminary voting results  AKRON, Ohio , May 22, 2024 /PRNewswire/ -- Sp...

5 weeks ago - PRNewsWire

FirstEnergy Names Executives to Lead State Electric Companies and Transmission Business

Business unit leaders with expanded executive responsibilities  to support better execution and customer investments at the local level  Jim Fakult, President, New Jersey Operations, to retire after 3...

6 weeks ago - PRNewsWire

Electric Grid Enhancements Completed in the Mahoning Valley

Work will help prevent or minimize the impact of outages for 1,500 FirstEnergy customers AKRON, Ohio , May 20, 2024 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEne...

6 weeks ago - PRNewsWire

Keep Electrical Safety a Priority for a Bright and Enjoyable Summer Season

Foil balloons, drones, fireworks and power lines don't mix AKRON, Ohio , May 20, 2024 /PRNewswire/ -- In recognition of National Electrical Safety Month and the unofficial start of summer on Memorial ...

6 weeks ago - PRNewsWire

FirstEnergy Names Deandra Williams-Lewis Chief Privacy Officer

AKRON, Ohio , May 17, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has named Deandra Williams-Lewis to the role of Chief Privacy Officer, in addition to her current role as Director, Ethics & Com...

6 weeks ago - PRNewsWire