FirstEnergy Corp. (FE)
Market Cap | 24.37B |
Revenue (ttm) | 13.26B |
Net Income (ttm) | 892.00M |
Shares Out | 576.32M |
EPS (ttm) | 1.55 |
PE Ratio | 27.28 |
Forward PE | 14.86 |
Dividend | $1.70 (4.02%) |
Ex-Dividend Date | Feb 7, 2025 |
Volume | 7,126,674 |
Open | 41.31 |
Previous Close | 41.38 |
Day's Range | 41.21 - 42.44 |
52-Week Range | 36.01 - 44.97 |
Beta | 0.51 |
Analysts | Buy |
Price Target | 46.73 (+10.5%) |
Earnings Date | Feb 26, 2025 |
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 $12.69 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 StatementsAnalyst Forecast
According to 13 analysts, the average rating for FE stock is "Buy." The 12-month stock price forecast is $46.73, which is an increase of 10.50% from the latest price.
News
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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...
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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...
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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. (...
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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...
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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 ...
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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...
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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...
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New Illuminating Company Power Line to Improve Reliability for Avon Lake Customers
AKRON, Ohio , Jan. 29, 2025 /PRNewswire/ -- The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), is constructing a new neighborhood power line that will help enhance electric servic...
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Grid Upgrades Underway to Benefit JCP&L Customers in Burlington and Ocean Counties
Project anticipated to be completed in summer 2025 HOLMDEL, N.J. , Jan. 29, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has started upgrade...
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The Illuminating Company and Ohio Edison Named 2024 Business Customer Champions by Escalent
The recognition highlights the companies' commitment to supporting businesses across the region AKRON, Ohio , Jan. 28, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric companies The Illumin...
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FirstEnergy: This Utility Is Very Attractively Priced
FirstEnergy Corp. is a major regulated electric utility serving 6 million customers across the Midwest and Mid-Atlantic, with a $47.52 billion enterprise value. Despite a 10.50% stock rise, FirstEnerg...
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FirstEnergy Electric Companies Offer Tips to Stay Safe and Save Energy During Extreme Cold
AKRON, Ohio , Jan. 17, 2025 /PRNewswire/ -- As frigid weather grips the region, FirstEnergy Corp. (NYSE: FE) electric companies remind customers of steps they can take to stay safe and better manage e...
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Power Grid Upgrades Underway to Benefit 4,500 JCP&L Customers in Sussex County
HOLMDEL, N.J. , Jan. 16, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading a northern New Jersey transmission substation to better e...
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JCP&L Invests Nearly $400,000 to Enhance Electric Service in Monmouth County
Projects benefit 4,000+ customers in Neptune Township, Monmouth Beach and Sea Bright HOLMDEL, N.J. , Jan. 16, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Cor...
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New Jersey Nonprofits Receive More Than $740,000 From FirstEnergy, FirstEnergy Foundation in 2024
More than 110 grants awarded to nonprofit organizations in JCP&L's service territory HOLMDEL, N.J. , Jan. 7, 2025 /PRNewswire/ -- To bolster the social and economic well-being of the communities serve...
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FirstEnergy Transmission, LLC Announces Launch of Exchange Offer for Its 4.550% Senior Notes Due 2030 and 5.000% Senior Notes Due 2035
FAIRMONT, W.Va. , Dec. 23, 2024 /PRNewswire/ -- FirstEnergy Transmission, LLC ("FET" or the "Company"), a subsidiary of FirstEnergy Corp. and a holding company of electric transmission companies opera...
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FirstEnergy Names Three to Vice President Roles
Leaders selected to oversee Finance and Regulatory for Pennsylvania and New Jersey; Construction and Design Services AKRON, Ohio , Dec. 20, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today anno...
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FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans
Work to enhance smart grid across Pennsylvania will continue through 2029 GREENSBURG, Pa. , Dec. 19, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE)...
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"Gifts of the Season" Totaling Nearly $20,000 Awarded to New Jersey Nonprofits by FirstEnergy Foundation
Recipients provide support to vulnerable individuals across JCP&L's service area HOLMDEL, N.J. , Dec. 19, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted "Gifts of the Season" totaling nea...
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FirstEnergy Foundation Surprises Maryland and West Virginia Agencies with Donations Totaling $40,000 Ahead of Holidays
"Gifts of the season" made to Operation Second Chance and Stars That Shine WILLIAMSPORT, Md. , Dec. 19, 2024 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), recently pres...
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FirstEnergy Foundation Surprises West Virginia Agencies with "Gifts of the Season" Totaling Nearly $20,000
Recipients provide key services to communities within Mon Power's service area FAIRMONT, W.Va. , Dec. 19, 2024 /PRNewswire/ -- Mon Power, a FirstEnergy Corp (NYSE: FE) electric company, recently prese...
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"Gifts of the Season" Totaling $70,000 Presented to Nonprofits in Pennsylvania
Donations are part of the FirstEnergy Foundation's annual holiday philanthropic campaign GREENSBURG, Pa. , Dec. 19, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the S...
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FirstEnergy Names Brian X. Tierney Chair of the Board
Current Chair John W. Somerhalder II to remain on the Board; Lisa Winston Hicks to remain Lead Independent Director AKRON, Ohio , Dec. 18, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced t...
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FirstEnergy Corp. Declares Unchanged Common Stock Dividend of $0.425 Per Share
AKRON, Ohio , Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared an unchanged quarterly dividend of $0.425 per share of outstanding common stock payabl...
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Follow Electric Safety Tips for Common Gifts to Keep Holidays Merry and Bright
FirstEnergy encourages caution when gifting and flying drones this season AKRON, Ohio , Dec. 17, 2024 /PRNewswire/ -- December is National Safe Toys and Gifts Month, which highlights the importance of...