FirstEnergy Corp. (FE)

NYSE: FE · Real-Time Price · USD
41.73
+0.15 (0.36%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.36%
Market Cap 24.05B
Revenue (ttm) 13.26B
Net Income (ttm) 892.00M
Shares Out 576.32M
EPS (ttm) 1.55
PE Ratio 26.92
Forward PE 14.65
Dividend $1.70 (4.07%)
Ex-Dividend Date Nov 7, 2024
Volume 2,389,448
Open 41.40
Previous Close 41.58
Day's Range 41.35 - 41.75
52-Week Range 35.41 - 44.97
Beta 0.50
Analysts Buy
Price Target 46.45 (+11.31%)
Earnings Date Oct 29, 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 $12.69 billion, an increase of 3.40% compared to the previous year's $12.27 billion. Earnings were $1.10 billion, an increase of 171.43%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for FE stock is "Buy." The 12-month stock price forecast is $46.45, which is an increase of 11.31% from the latest price.

Price Target
$46.45
(11.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

It's Utility Scam Awareness Day and FirstEnergy Urges Customers to Stay On Guard Through the Winter Months

AKRON, Ohio , Nov. 20, 2024 /PRNewswire/ -- In recognition of Utility Scam Awareness Day on Wednesday, Nov. 20, FirstEnergy Corp. (NYSE: FE) is offering tips to prevent the public from falling for com...

17 hours ago - PRNewsWire

Deck the Halls Safely this Holiday Season

FirstEnergy offers tips to help keep people of all ages safe from electrical hazards AKRON, Ohio , Nov. 18, 2024 /PRNewswire/ -- With the holiday season fast approaching, FirstEnergy Corp. (NYSE: FE) ...

2 days ago - PRNewsWire

FirstEnergy Awarded $50 Million Smart Grid Grant by U.S. Department of Energy

Projects to enhance reliability for more than 53,000 customers in West Virginia and Maryland FAIRMONT, W.Va. , Nov. 14, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has been awarded $50 million i...

6 days ago - PRNewsWire

JCP&L Moving Power Lines Underground in Portions of Somerset County

Grid upgrades will also relocate lines away from hard-to-access railroad tracks HOLMDEL, N.J. , Nov. 13, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (N...

7 days ago - PRNewsWire

FirstEnergy Earns Multiple Military Friendly® Company Awards

Honor from national military support organization recognizes workplace and supplier diversity opportunities for veterans and their families AKRON, Ohio , Nov. 12, 2024 /PRNewswire/ -- For the ninth ti...

8 days ago - PRNewsWire

FirstEnergy Names Karen Sagot Vice President, Investor Relations, and Sean Davies Vice President, Continuous Improvement

Sagot brings two decades of finance and utility experience; Davies brings three decades of experience driving operational excellence and enterprise transformation AKRON, Ohio , Nov. 8, 2024 /PRNewswir...

12 days ago - PRNewsWire

JCP&L Expanding Energy Efficiency Offerings

New and expanded programs designed to meet increased energy savings targets HOLMDEL, N.J. , Oct. 31, 2024 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYS...

20 days ago - PRNewsWire

FirstEnergy Corp. (FE) Q3 2024 Earnings Call Transcript

FirstEnergy Corp. (NYSE:FE) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Gina Caskey - Director, Investor Relations & Corporate Responsibility Brian Tierney - Pre...

21 days ago - Seeking Alpha

FirstEnergy misses quarterly profit estimates, narrows forecast

Utility firm FirstEnergy missed third-quarter profit estimates on Tuesday, hurt by higher storm restoration expenses and lower tax benefits.

22 days ago - Reuters

FirstEnergy Announces Third Quarter 2024 Financial Results

Reports third quarter 2024 GAAP earnings from continuing operations of $0.73 per share and operating (non-GAAP) earnings of $0.85 per share, within guidance range Narrows full-year 2024 operating (non...

22 days ago - PRNewsWire

FirstEnergy's Ohio Electric Companies File to Withdraw Electric Security Plan

If approved by PUCO, companies would revert to a previous rate plan AKRON, Ohio , Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) Ohio electric companies – Ohio Edison, The Illuminating Com...

22 days ago - PRNewsWire

FirstEnergy Names Karen McClendon Senior Vice President and Chief Human Resources Officer

AKRON, Ohio , Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Karen McClendon has been named Senior Vice President and Chief Human Resources Officer (CHRO), effective N...

22 days ago - PRNewsWire

New Transformer Installed and Energized in Downtown Bradford Substation

New Penelec equipment to enhance electric service reliability for more than 1,000 customers ERIE, Pa. , Oct. 24, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy C...

27 days ago - PRNewsWire

New Remote-Controlled Equipment to Prevent or Shorten Power Disruptions in Western Pennsylvania

Nearly 4,900 West Penn Power Customers Will Benefit from the Upgrades GREENSBURG, Pa. , Oct. 23, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Cor...

4 weeks ago - PRNewsWire

Work Completed to Meet Future Energy Demands of Monroe County

FirstEnergy line rebuild to benefit 1,300 customers and meet increased power demand  READING, Pa. , Oct. 22, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of Fir...

4 weeks ago - PRNewsWire

New Transmission Service Center in Mahoning County Centralizes Resources and Speeds Up Response to Service Disruptions

The 20,000-square-foot facility is located within Ohio Edison's service area AKRON, Ohio , Oct. 21, 2024 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (...

4 weeks ago - PRNewsWire

New Solar Site in Marion County, West Virginia, Generating Clean Energy

Mon Power and Potomac Edison complete 27-acre solar site in Rivesville FAIRMONT, W.Va. , Oct. 18, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have ...

4 weeks ago - PRNewsWire

Work Underway to Enhance Electric Service Reliability for FirstEnergy's West Virginia Customers

Nearly 8,700 customers in rural communities to benefit from the projects FAIRMONT, W.Va. , Oct. 16, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), are...

5 weeks ago - PRNewsWire

Mon Power Awarded Reliability Project Grant by U.S. Department of Energy

Project to enhance reliability for more than 3,000 customers in four West Virginia counties FAIRMONT, W.Va. , Oct. 11, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Mon Power has been a...

5 weeks ago - PRNewsWire

FirstEnergy Electric Crews Mobilize to Assist with Anticipated Power Restoration Efforts in Florida Following Hurricane Milton

Many crews expected to transition from Helene aid in Carolinas and Georgia AKRON, Ohio , Oct. 9, 2024 /PRNewswire/ -- As Hurricane Milton bears down on the west coast of Florida, FirstEnergy Corp. (NY...

6 weeks ago - PRNewsWire

FirstEnergy to Webcast Third Quarter Earnings Teleconference

AKRON, Ohio , Oct. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the third quarter and first nine months of 2024 after markets close on Tuesday, October 29. T...

6 weeks ago - PRNewsWire

FirstEnergy, Dominion Energy, American Electric Power reach joint planning agreement to propose regional transmission projects across PJM footprint

Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning process Collaboration leverages expertise of industry leaders to prop...

Other symbols: D
6 weeks ago - PRNewsWire

Dominion Energy, American Electric Power, FirstEnergy reach joint planning agreement to propose regional transmission projects across PJM footprint

Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning process Collaboration leverages expertise of industry leaders to prop...

Other symbols: D
6 weeks ago - PRNewsWire

JCP&L's Ash Tree Removal Program Combats Tree-Related Power Outages

Removal of dead and diseased trees in 2024 has already surpassed 2023 HOLMDEL, N.J. , Oct. 7, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), h...

6 weeks ago - PRNewsWire

Avoid Halloween Scaries with These Holiday Electrical Safety Tips

FirstEnergy tips to help keep the candy – and electricity – flowing safely AKRON, Ohio , Oct. 3, 2024 /PRNewswire/ -- As neighborhoods across the country gear up for Halloween, FirstEnergy Corp. (NYSE...

6 weeks ago - PRNewsWire