FirstEnergy Corp. (FE)
Market Cap | 23.67B |
Revenue (ttm) | 13.29B |
Net Income (ttm) | 978.00M |
Shares Out | 576.70M |
EPS (ttm) | 1.70 |
PE Ratio | 24.14 |
Forward PE | 16.10 |
Dividend | $1.78 (4.34%) |
Ex-Dividend Date | May 7, 2025 |
Volume | 2,622,055 |
Open | 41.20 |
Previous Close | 41.12 |
Day's Range | 41.01 - 41.58 |
52-Week Range | 36.81 - 44.97 |
Beta | 0.39 |
Analysts | Buy |
Price Target | 45.54 (+10.97%) |
Earnings Date | Apr 23, 2025 |
About FE
FirstEnergy Corp., together with its subsidiaries, engages in the generation, distribution, and transmission of electricity in the United States. It operates through Distribution, Integrated, and Stand-Alone Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. It operates 252,244 distribution line miles and 24,143 transmission line miles, including overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serv... [Read more]
Financial Performance
In 2024, FirstEnergy's revenue was $13.29 billion, an increase of 4.74% compared to the previous year's $12.69 billion. Earnings were $978.00 million, a decrease of -11.25%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for FE stock is "Buy." The 12-month stock price forecast is $45.54, which is an increase of 10.97% from the latest price.
News

Ohio Edison Power Upgrades Will Support Manufacturing and Boost Economic Growth in Clark County
AKRON, Ohio , April 14, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric company Ohio Edison is investing in grid upgrades to help prevent and minimize the impact of power outages in Clark C...

Work Completed to Upgrade Electric System in Northwest Pennsylvania
New poles and equipment to enhance electric service reliability for nearly 1,000 customers ERIE, Pa. , April 10, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy C...

Work Underway to Strengthen Electric Grid in York County
Replacing wires and poles should help prevent or minimize outages for nearly 300 Met-Ed customers READING, Pa. , April 9, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a Firs...

Electric Grid Enhancements to Benefit 5,000 JCP&L Customers in Morris, Passaic and Sussex Counties
Extensive upgrade project includes more than 14 miles of new wiring HOLMDEL, N.J. , April 8, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), ha...

FirstEnergy Names Nick Pearson Vice President, Federal Government Affairs
AKRON, Ohio , April 4, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Nick Pearson has been named Vice President, Federal Government Affairs, effective April 7. In this role, P...

FirstEnergy to Webcast First Quarter Earnings Teleconference
AKRON, Ohio , April 2, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the first quarter of 2025 after markets close on Wednesday, April 23. These results will be ...

FirstEnergy: A Defensive Play With Limited Upside
FirstEnergy is a recession-resistant utility stock, benefiting from steady consumer demand and stable revenue, making it a potentially attractive defensive investment. FE stock has been rangebound for...

FirstEnergy to Cut Workforce, Reassign Workers
FirstEnergy will cut less than 3% of its workforce and reassign 200 employees as part of an effort to boost efficiency and control costs.

Celebrate National Ladder Safety Month by Following Important Safety Practices
FirstEnergy offers tips to stay safe on ladders, especially around electrical equipment AKRON, Ohio , March 24, 2025 /PRNewswire/ -- Spring is the perfect time to tackle home improvement and maintenan...

Work Underway to Boost Power System for FirstEnergy Customers in Cranberry Township
NEW CASTLE, Pa. , March 20, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Penn Power in western Pennsylvania, is r...

FirstEnergy Corp. Declares Increased Quarterly Common Stock Dividend of $0.445 Per Share
Represents 2025 annual rate of $1.78 per share, pending continued Board approval; Compares to $1.70 per share in 2024 declared dividends AKRON, Ohio , March 19, 2025 /PRNewswire/ -- The Board of Dire...

JCP&L Making Overhead and Underground Electrical Upgrades in Northern N.J.
Project to benefit 1,700 customers in Morris and Sussex counties HOLMDEL, N.J. , March 11, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has ...

FirstEnergy Ohio Utilities' PIPP RFP Auction: Information Session for Prospective Bidders on Wednesday, March 5, 2025
BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an RFP auction process wi...

FirstEnergy Awarded Projects by PJM Interconnection to Enhance Reliability and Address Rising Customer Demand
Project awards represent approximately $1.25 billion in customer-focused investments for FirstEnergy Transmission and $46 million for other FirstEnergy subsidiaries AKRON, Ohio , Feb. 27, 2025 /PRNews...

FirstEnergy Corp. (FE) Q4 2024 Earnings Conference Call Transcript
FirstEnergy Corp. (NYSE:FE) Q4 2024 Earnings Conference Call February 27, 2025 8:00 AM ET Company Participants Karen Sagot - VP of IR Brian Tierney - President CEO and Chairman Jon Taylor - SVP Strat...

PJM selects regional transmission projects to be jointly developed by Dominion Energy, American Electric Power, FirstEnergy
RICHMOND, Va.--(BUSINESS WIRE)--Regional grid operator PJM Interconnection has selected several electric transmission projects that will be jointly developed by Dominion Energy, American Electric Powe...

FirstEnergy Announces Fourth Quarter and Full Year 2024 Financial Results
Reports full year 2024 GAAP earnings of $1.70 per share and Operating (non-GAAP) earnings of $2.63 per share, within guidance range Customer-focused capital investments of $4.5 billion in 2024 to impr...

JCP&L Power System Upgrades Underway in Mercer County
Nearly 1,000 customers to benefit from the project HOLMDEL, N.J. , Feb. 21, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading its el...

FirstEnergy to Webcast Fourth Quarter Earnings Teleconference
AKRON, Ohio , Feb. 11, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the fourth quarter and full year of 2024 after markets close on Wednesday, February 26. Thes...

Work Completed to Meet Future Energy Demands in Western Pennsylvania
FirstEnergy line rebuild to benefit 500 West Penn Power customers GREENSBURG, Pa. , Feb. 10, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (...

FirstEnergy Receives Industry Awards for Ohio Storm Restoration Effort and Assistance with Hurricanes Helene and Milton
AKRON, Ohio , Feb. 4, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) received an Emergency Recovery Award from the Edison Electric Institute (EEI) in recognition of its outstanding response in rest...

FirstEnergy Names Two to Vice President, Finance and Regulatory Roles for West Virginia/Maryland and Ohio
AKRON, Ohio , Feb. 4, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced it has hired Arsalan Azarsa as Vice President, Finance and Regulatory for West Virginia and Maryland, effective ...

Don't Let Balloons Float Up and Take Down Power This Valentine's Day
FirstEnergy reminds customers to be careful with helium-filled balloons AKRON, Ohio , Feb. 3, 2025 /PRNewswire/ -- As Valentine's Day approaches, FirstEnergy Corp. (NYSE: FE) is reminding customers to...

FirstEnergy Ohio Electric Companies File Sixth Electric Security Plan to Support Continued Reliability Investments and New Customer Programs
Proposal includes programs aimed at helping customers better manage their electric bills AKRON, Ohio , Jan. 31, 2025 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) Ohio electric companies – Ohio Ediso...