FirstEnergy Corp. (FE)
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]
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 StatementsAnalyst 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.
News
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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 ...
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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....
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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
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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...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...