FirstEnergy Corp. (FE)
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]
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 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.
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...
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) ...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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. (...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...