FirstEnergy Corp. (FE)

NYSE: FE · IEX Real-Time Price · USD
37.40
+0.10 (0.27%)
Feb 23, 2024, 4:00 PM EST - Market closed
0.27%
Market Cap 21.48B
Revenue (ttm) 12.87B
Net Income (ttm) 1.10B
Shares Out 574.44M
EPS (ttm) 1.92
PE Ratio 19.48
Forward PE 13.35
Dividend $1.64 (4.39%)
Ex-Dividend Date Feb 6, 2024
Volume 4,233,210
Open 37.39
Previous Close 37.30
Day's Range 37.28 - 37.65
52-Week Range 32.18 - 41.99
Beta 0.48
Analysts Hold
Price Target 40.22 (+7.54%)
Earnings Date Feb 8, 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 $12.87 billion, an increase of 3.30% compared to the previous year's $12.46 billion. Earnings were $1.10 billion, an increase of 171.43%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for FE stock is "Hold." The 12-month stock price forecast is $40.22, which is an increase of 7.54% from the latest price.

Price Target
$40.22
(7.54% upside)
Analyst Consensus: Hold
Stock Forecasts

News

JCP&L President Jim Fakult Receives Awards from Morris Habitat for Humanity and ROI-NJ

HOLMDEL, N.J. , Feb. 23, 2024 /PRNewswire/ -- Jim Fakult, President of FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L), has been named the recipient of Morris Habitat fo...

2 days ago - PRNewsWire

Enhanced Power Line to Benefit Nearly 4,000 JCP&L Customers

New poles, wires and electrical equipment to be installed in Monmouth County HOLMDEL, N.J. , Feb. 22, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE...

3 days ago - PRNewsWire

Mon Power and Potomac Edison Reach Settlement to Adjust Energy Metering Credits

FAIRMONT, W.V., Feb. 16, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have filed a settlement agreement with the Public Service Commission (PSC) of ...

9 days ago - PRNewsWire

Western Maryland Electric Grid Stronger and More Resilient Following Smart Enhancements

Potomac Edison work will help prevent or minimize outages for thousands of customers WILLIAMSPORT, Md. , Feb. 13, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Potomac Edison has comple...

12 days ago - PRNewsWire

Attorney for Former FirstEnergy CEO Chuck Jones Issues Statement Regarding Mr. Jones' Indictment

AKRON, Ohio--(BUSINESS WIRE)--Carole Rendon, an attorney for former FirstEnergy chief executive Chuck Jones, issued a statement in response to the news that Mr. Jones has been indicted in the Summit C...

13 days ago - Business Wire

Meeting the Challenge to Ready Minority Candidates for Utility Careers

FirstEnergy grant will help train Pennsylvania's next generation of diverse utility workers  GREENSBURG, Pa. , Feb. 9, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has awarded an $85,000 grant to...

16 days ago - PRNewsWire

FirstEnergy Announces Fourth Quarter and Full Year 2023 Financial Results

Reports full year 2023 GAAP earnings from continuing operations of $1.96 per share Delivers 2023 Operating (non-GAAP) earnings of $2.56 per share, above the midpoint of guidance Provides 2024 operatin...

17 days ago - PRNewsWire

Let Feelings Fly this Valentine's Day, Not Foil Balloons

FirstEnergy reminds the public to handle balloons safely to keep electricity flowing AKRON, Ohio , Feb. 8, 2024 /PRNewswire/ -- As Valentine's Day approaches, FirstEnergy Corp. (NYSE: FE) is reminding...

17 days ago - PRNewsWire

FirstEnergy Ohio Utilities' Competitive Bidding Process Auction: Information Session for Prospective Bidders on Thursday, February 8, 2024

BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will b...

Other symbols: CRAI
19 days ago - Business Wire

Settlement Reached in JCP&L Rate Review that Supports Continued Reliability Enhancements

If approved, r esidential rates will remain the lowest among the state's regulated electric utilities HOLMDEL, N.J. , Feb. 5, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Centra...

20 days ago - PRNewsWire

Mon Power and Potomac Edison Reach Settlement in Rate Review

Agreement promotes delivery of safe, reliable & affordable power to West Virginia customers   FAIRMONT, W.Va. , Jan. 23, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy ...

4 weeks ago - PRNewsWire

Proposed Electric School Bus Pilot Program Aimed to Help Maryland Achieve Climate Goals and Help Public Schools Meet Transportation Needs

Read Potomac Edison's proposal in full on the Public Service Commission's website. WILLIAMSPORT, Md.

5 weeks ago - PRNewsWire

FirstEnergy Ohio Utilities' Competitive Bidding Process Auction: Applications From Prospective Bidders Due No Later Than Thursday, January 25, 2024

BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will b...

Other symbols: CRAI
5 weeks ago - Business Wire

FirstEnergy Power Restoration Efforts Progress Through Continued Winter Storm

MEDIA ADVISORY AKRON, Ohio , Jan. 13, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) utilities are restoring power to customers affected by severe winds, rain and heavy, wet snow that began impacti...

6 weeks ago - PRNewsWire

Power Restored to Most FirstEnergy Customers Following Winter Storm

Work continues to restore service to remaining customers impacted by inclement weather; FirstEnergy prepares for new storm system this weekend AKRON, Ohio , Jan. 11, 2024 /PRNewswire/ -- FirstEnergy C...

6 weeks ago - PRNewsWire

FirstEnergy Crews Restoring Power to Customers Amid Continued Winter Storm

High winds, heavy rain, ice and snow combine to knock out electric service to more than 310,000 FirstEnergy customers AKRON, Ohio , Jan. 10, 2024 /PRNewswire/ -- Service has been restored to more than...

6 weeks ago - PRNewsWire

FirstEnergy to Webcast Fourth Quarter Earnings Teleconference

AKRON, Ohio , Jan. 9, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the fourth quarter and full year of 2023 after markets close on Thursday, February 8. These r...

6 weeks ago - PRNewsWire

FirstEnergy Electric Companies Prepare to Respond to Outages Caused by Incoming Winter Weather

AKRON, Ohio , Jan. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric company personnel are prepared to respond to potential service interruptions caused by a winter storm system expected t...

6 weeks ago - PRNewsWire

West Virginia Enters New Energy Era with Completion of Solar Site

View a video of Mon Power's solar site construction from start to finish FAIRMONT, W.Va., Jan. 4, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Mon Power rang in the new year by celebra...

7 weeks ago - PRNewsWire

"Gifts of the Season" Totaling $40,000 Presented to Nonprofits in West Virginia

Recipients provide support to vulnerable individuals across FirstEnergy's West Virginia service area FAIRMONT, W.Va. , Jan. 3, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gif...

7 weeks ago - PRNewsWire

"Gifts of the Season" Totaling $60,000 Presented to Nonprofits in Pennsylvania

Donations are part of the FirstEnergy Foundation's annual holiday philanthropic campaign GREENSBURG, Penn. , Jan. 3, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the ...

7 weeks ago - PRNewsWire

"Gifts of the Season" Totaling $60,000 Presented to Nonprofits in Ohio

Recipients provide support to vulnerable individuals across FirstEnergy's Ohio service area AKRON, Ohio , Jan. 3, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the Sea...

7 weeks ago - PRNewsWire

"Gifts of the Season" Totaling $20,000 Presented to Nonprofits in New Jersey

Recipients provide support to vulnerable individuals across JCP&L's service area HOLMDEL, N.J. , Jan. 3, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the Season" tota...

7 weeks ago - PRNewsWire

FirstEnergy Corp. Declares Unchanged Common Stock Dividend

AKRON, Ohio , Dec. 20, 2023 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared a quarterly dividend of $0.41 per share of outstanding common stock payable March 1, 2...

2 months ago - PRNewsWire

Pre-Winter Inspections and Maintenance Support Safe and Reliable Power for FirstEnergy's Ohio Electric Customers

Companies offer tips for customers to manage seasonal heating bills AKRON, Ohio , Dec. 12, 2023 /PRNewswire/ -- With the cold-weather months expected to produce higher electric use, FirstEnergy Corp. ...

2 months ago - PRNewsWire