FirstEnergy Corp. (FE)

NYSE: FE · Real-Time Price · USD
42.29
+0.91 (2.20%)
Feb 21, 2025, 4:00 PM EST - Market closed
2.20%
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]

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 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.

Price Target
$46.73
(10.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

13 hours ago - PRNewsWire

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...

10 days ago - PRNewsWire

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. (...

11 days ago - PRNewsWire

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...

17 days ago - PRNewsWire

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 ...

17 days ago - PRNewsWire

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...

18 days ago - PRNewsWire

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...

21 days ago - PRNewsWire

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...

23 days ago - PRNewsWire

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...

23 days ago - PRNewsWire

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...

24 days ago - PRNewsWire

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...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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)...

2 months ago - PRNewsWire

"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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

"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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire