FirstEnergy Corp. (FE)
Market Cap | 22.99B |
Revenue (ttm) | 13.26B |
Net Income (ttm) | 892.00M |
Shares Out | 576.32M |
EPS (ttm) | 1.55 |
PE Ratio | 25.73 |
Forward PE | 13.98 |
Dividend | $1.70 (4.26%) |
Ex-Dividend Date | Feb 7, 2025 |
Volume | 3,532,465 |
Open | 39.94 |
Previous Close | 40.08 |
Day's Range | 39.70 - 40.19 |
52-Week Range | 35.41 - 44.97 |
Beta | 0.51 |
Analysts | Buy |
Price Target | 46.73 (+17.15%) |
Earnings Date | Feb 6, 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 12 analysts, the average rating for FE stock is "Buy." The 12-month stock price forecast is $46.73, which is an increase of 17.15% from the latest price.
News
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...
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...
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...
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...
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...
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...
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...
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)...
"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...
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...
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...
"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...
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...
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...
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...
"Gifts of the Season" Totaling $60,000 Presented by FirstEnergy Foundation to Nonprofits in Ohio
Recipients provide support to vulnerable individuals across FirstEnergy's Ohio service area AKRON, Ohio , Dec. 13, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted "Gifts of the Season" tot...
FirstEnergy Names Executive to Lead West Virginia and Maryland Electric Company Business
Leaders also selected to oversee engineering and planning for distribution business and finance function for transmission business AKRON, Ohio , Dec. 10, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: ...
Pre-Winter Inspections and Maintenance Support Safe and Reliable Power for FirstEnergy's Pennsylvania Customers Through Cold Months
Company offers tips for customers to manage seasonal heating bills GREENSBURG, Pa. , Dec. 10, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. ...
Crews Wrap Up Winter Prep to Help Provide Safe and Reliable Power for FirstEnergy's Ohio Customers
Company offers tips for customers to manage seasonal heating bills AKRON, Ohio , Dec. 10, 2024 /PRNewswire/ -- With the cold-weather months expected to produce higher electric use, FirstEnergy Corp. (...
FirstEnergy Eclipses 100,000 Trees Planted and Donated
Milestone comes after surpassing 2024 goal of 25,000 donated trees AKRON, Ohio , Dec. 9, 2024 /PRNewswire/ -- As part of its commitment to the environment and sustainability, FirstEnergy Corp. (NYSE: ...
New Electric Substation to Boost Power Supply in Fast Growing Lebanon County
READING, Pa. , Dec. 9, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Met-Ed in southeastern Pennsylvania, is build...
Electric Grid Enhancements to Boost Service Reliability in Morris County
JCP&L upgrades are part of a larger $95 million project HOLMDEL, N.J. , Dec. 5, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has started con...
JCP&L Completes Pre-Winter Inspections and Maintenance to Help Keep Power Flowing Safely and Reliably During Frigid Months
Company offers tips for customers to manage seasonal heating bills HOLMDEL, N.J. , Dec. 4, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has ...
Crews Wrap Up Winter Prep to Help Provide Safe and Reliable Power for FirstEnergy's Maryland Customers
Company offers tips for customers to manage seasonal heating bills WILLIAMSPORT, Md. , Dec. 4, 2024 /PRNewswire/ -- With colder months expected to produce higher electric use, Potomac Edison, a FirstE...
Crews Wrap Up Winter Prep to Help Provide Safe and Reliable Power for FirstEnergy's West Virginia Customers
Company offers tips for customers to manage seasonal heating bills FAIRMONT, W.Va. , Dec. 3, 2024 /PRNewswire/ -- With colder months expected to produce higher electric use, FirstEnergy Corp. (NYSE: F...