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FirstEnergy Corp. (FE)

NYSE: FE · IEX Real-Time Price · USD
37.75 0.52 (1.40%)
Oct 22, 2021 3:59 PM EDT - Market closed
Market Cap20.31B
Revenue (ttm)10.91B
Net Income (ttm)1.09B
Shares Out544.00M
EPS (ttm)2.00
PE Ratio18.85
Forward PE13.85
Dividend$1.56 (4.13%)
Ex-Dividend DateNov 4, 2021
Volume2,386,502
Open37.24
Previous Close37.23
Day's Range37.23 - 37.84
52-Week Range25.32 - 39.94
Beta0.27
AnalystsBuy
Price Target41.71 (+10.5%)
Est. Earnings DateNov 1, 2021

About FE

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution and Regulated Transmission segments. It operates 24,035 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 272,531 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 155,920,34...

IndustryElectric Utilities
Founded1996
CEOCharles Jones
Employees12,153
Stock ExchangeNYSE
Ticker SymbolFE
Full Company Profile

Financial Performance

In 2020, FirstEnergy's revenue was $10.79 billion, a decrease of -2.22% compared to the previous year's $11.04 billion. Earnings were $1.08 billion, an increase of 18.31%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for FirstEnergy stock is "Buy." The 12-month stock price forecast is 41.71, which is an increase of 10.49% from the latest price.

Price Target
$41.71
(10.49% upside)
Analyst Consensus: Buy

News

FirstEnergy Pennsylvania Utilities Encourage Customers to Arrange Payment Plans and Apply for Bill Assistance Programs

GREENSBURG, Pa., Oct. 22, 2021 /PRNewswire/ -- Residential customers of Penelec, Penn Power, Met-Ed and West Penn Power, subsidiaries of FirstEnergy Corp. (NYSE: FE), who are having difficulty making en...

1 hour ago - PRNewsWire

FirstEnergy (FE) to Report Q3 Earnings: What's in Store?

FirstEnergy's (FE) third-quarter earnings are likely to have benefited from the rising demand from different customer groups, offset by the absence of Ohio decoupling revenues.

3 hours ago - Zacks Investment Research

FirstEnergy to Webcast Third Quarter Earnings Teleconference

AKRON, Ohio, Oct. 21, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the third quarter and first nine months of 2021 after markets close on Thursday, October 28. Th...

1 day ago - PRNewsWire

Penelec Installs Equipment on Power Lines to Protect Eagles

ERIE, Pa., Oct. 20, 2021 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), has placed markers on a long stretch of power line in the Erie National Wildlife Refuge in Crawford County...

2 days ago - PRNewsWire

FirstEnergy's West Virginia Utilities Encourage Customers to Arrange Payment Plans and Apply for Bill Assistance Prog...

FAIRMONT, W.Va., Oct. 20, 2021 /PRNewswire/ -- West Virginia residential customers of Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), who are having difficulty making ends me...

2 days ago - PRNewsWire

Potomac Edison Encourages Customers to Arrange Payment Plans and Apply for Bill Assistance Programs

WILLIAMSPORT, Md., Oct. 20, 2021 /PRNewswire/ -- Residential customers of Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), who are having difficulty making ends meet are encouraged to conta...

2 days ago - PRNewsWire

JCP&L Encourages Customers to Arrange Payment Plans and Apply for Bill Assistance Programs During Assistance Week

MORRISTOWN, N.J., Oct. 20, 2021 /PRNewswire/ -- Residential customers of Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), who are having difficulty making ends meet ...

2 days ago - PRNewsWire

JCP&L Welcomes Three New External Affairs Consultants

HOLMDEL, N.J., Oct. 15, 2021 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has named three new external affairs consultants to serve as liaisons w...

1 week ago - PRNewsWire

Helicopters, Infrared Technology Used to Complete Proactive Inspections of High-Voltage Power Lines in Western Pennsy...

GREENSBURG, Pa., Oct. 14, 2021 /PRNewswire/ -- To keep power flowing safely and reliably for Penn Power and West Penn Power customers through the upcoming winter months, proactive aerial inspections wer...

1 week ago - PRNewsWire

Potomac Edison Installs New Substation Fencing to Prevent Animal Intrusions

WILLIAMSPORT, Md., Oct. 14, 2021 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has installed new interior fencing at a Frederick County substation to help deter climbing ...

1 week ago - PRNewsWire

Mon Power Completes Improvements to Enhance Service Reliability

FAIRMONT, W.Va., Oct. 14, 2021 /PRNewswire/ -- Mon Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed a series of improvements to its distribution system that are designed to reduce serv...

1 week ago - PRNewsWire

FirstEnergy Ohio Utilities Launch Request for Proposal for 2021 Renewable Energy Credits

AKRON, Ohio, Oct. 4, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today issued a Request for Proposal (RFP) to purchase Ohio-compliant Renewable Energy Credits (RECs) for its Ohio utilities – Ohio ...

2 weeks ago - PRNewsWire

4 of the Best Stocks to Counter a Volatile October

After the September slump, more volatility may be awaiting October, which calls for investing in risk-adjusted stocks like BARINGS BDC (BBDC), FirstEnergy (FE), Pfizer (PFE) & Redwood Trust (RWT).

Other symbols:BBDCPFERWT
3 weeks ago - Zacks Investment Research

PPL to Join Electric Highway Coalition, Expand in EV Market

PPL's units are going to join the Electric Highway Coalition to further accelerate its efforts to meet its clean energy plans.

Other symbols:DUKPPLXEL
3 weeks ago - Zacks Investment Research

JCP&L Proposal Supports New Jersey Clean Energy Plan by Delivering Wind Power to Customers with Minimal Community Imp...

HOLMDEL, N.J., Sept. 28, 2021 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has submitted a proposal to connect clean energy generated by New Jers...

3 weeks ago - PRNewsWire

4 Utilities in the Quest for Net-Zero Carbon Emission

With the world moving toward clean energy, utilities like Alliant Energy (LNT), Exelon (EXC), FirstEnergy (FE) and Duke Energy (DUK) have announced plans to become carbon-neutral by 2050.

Other symbols:DUKEXCLNT
3 weeks ago - Zacks Investment Research

FirstEnergy, Penn Power Donate and Plant Nearly 130 Trees at Buhl Park

HERMITAGE, Pa., Sept. 23, 2021 /PRNewswire/ -- To celebrate the start of the fall season, FirstEnergy Corp. (NYSE: FE) and its electric company Penn Power recently donated nearly 130 trees to Buhl Park ...

4 weeks ago - PRNewsWire

FirstEnergy Honored by Women's Business Enterprise Center for Supplier Diversity Programs

AKRON, Ohio, Sept. 23, 2021 /PRNewswire/ -- In recognition of its commitment to supplier diversity and women-owned businesses, FirstEnergy Corp. (NYSE: FE) has been presented with the 2021 "Regional Cou...

4 weeks ago - PRNewsWire

FirstEnergy's (FE) Capex & Clean Energy Goals Augur Well

FirstEnergy's (FE) solid residential customer base along with capital activities to develop infrastructure and its focus on reducing emissions are likely to boost its existing operations.

1 month ago - Zacks Investment Research

2 Long-Term Payers Announce Dividends

Ennis Inc. ( EBF , Financial) and FirstEnergy Corp. ( FE , Financial) announced their next dividends before the opening of regular trading on Tuesday, Sept. 21.

Other symbols:EBF
1 month ago - GuruFocus

FirstEnergy Named Top Utility for Economic Development by Site Selection Magazine for Third Year in a Row

AKRON, Ohio, Sept. 21, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has been named by Site Selection magazine as one of the nation's leading utilities in promoting economic development for the thir...

1 month ago - PRNewsWire

FirstEnergy Corp. Declares Unchanged Common Stock Dividend

AKRON, Ohio, Sept. 21, 2021 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) has declared an unchanged quarterly dividend of 39 cents per share of outstanding common stock.

1 month ago - PRNewsWire

Mon Power Launches Utility Pole Recycling Program

FAIRMONT, W. Va., Sept.

1 month ago - PRNewsWire

FirstEnergy Foundation Donates $20,000 to Friends of Flight 93 National Memorial

AKRON, Ohio, Sept. 10, 2021 /PRNewswire/ -- On the eve of the twentieth anniversary of the September 11 th terrorist attacks, the FirstEnergy Foundation is donating $20,000 to the Friends of Flight 93 N...

1 month ago - PRNewsWire

First Energy 'working very hard' to restore power quickly after Ida

After the remnants of Hurricane Ida swept through the northeast and Mid-Atlantic regions yesterday, First Energy CEO Steven Strah joins Closing Bell to discuss power outages in their service area.

1 month ago - CNBC Television