FirstEnergy Corp. (FE)
| Market Cap | 20.31B |
| Revenue (ttm) | 10.91B |
| Net Income (ttm) | 1.09B |
| Shares Out | 544.00M |
| EPS (ttm) | 2.00 |
| PE Ratio | 18.85 |
| Forward PE | 13.85 |
| Dividend | $1.56 (4.13%) |
| Ex-Dividend Date | Nov 4, 2021 |
| Volume | 2,386,502 |
| Open | 37.24 |
| Previous Close | 37.23 |
| Day's Range | 37.23 - 37.84 |
| 52-Week Range | 25.32 - 39.94 |
| Beta | 0.27 |
| Analysts | Buy |
| Price Target | 41.71 (+10.5%) |
| Est. Earnings Date | Nov 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...
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 StatementsAnalyst 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.
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...
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.
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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 ...
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).
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.
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...
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.
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 ...
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...
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.
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.
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...
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.
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...
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.