FirstEnergy Corp. (FE)
| Market Cap | 20.92B |
| Revenue (ttm) | 10.91B |
| Net Income (ttm) | 1.09B |
| Shares Out | 544.00M |
| EPS (ttm) | 2.47 |
| PE Ratio | 15.59 |
| Forward PE | 15.65 |
| Dividend | $1.56 |
| Dividend Yield | 4.06% |
| Trading Day | July 23 |
| Last Price | $38.47 |
| Previous Close | $39.15 |
| Change ($) | -0.68 |
| Change (%) | -1.74% |
| Day's Open | 38.50 |
| Day's Range | 38.21 - 39.37 |
| Day's Volume | 7,695,095 |
| 52-Week Range | 25.58 - 39.74 |
FirstEnergy's (FE) Q2 results reflect better year-over-year earnings as well as revenues on the back of improving demand from the industrial and commercial group.
FirstEnergy (FE) delivered earnings and revenue surprises of 0.00% and -2.69%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of FirstEnergy (NYSE:FE) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 3.51% over the past year to $0.59, which were in lin...
AKRON, Ohio, July 22, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Soubhagya Parija has been named vice president and chief risk officer, effective August 16. In this role, he ...
AKRON, Ohio, July 22, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported second quarter 2021 GAAP earnings of $58 million, or $0.11 per basic and diluted share of common stock, on revenue ...
AKRON, Ohio, July 22, 2021 /PRNewswire/ -- In accordance with its obligations under the previously announced deferred prosecution agreement with the U.S. Attorney's Office for the Southern District of O...
AKRON, Ohio, July 22, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that it has entered into an agreement with the U.S. Attorney's Office for the Southern District of Ohio to resolve...
FirstEnergy's (FE) earnings are likely to have been impacted by loss in distribution revenues. Cost-management initiatives & stable residential group demand are likely to have boosted its performance.
Mon Power, the unit of FirstEnergy (FE) starts slashing trees using helicopters with aerial saws to maintain distribution and transmission power lines in West Virginia.
AKRON, Ohio, July 20, 2021 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared an unchanged quarterly dividend of 39 cents per share of outstanding common stock. The di...
FAIRMONT, W.Va., July 19, 2021 /PRNewswire/ -- Mon Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), is using two helicopters equipped with aerial saws to trim trees and maintain electrical clearance...
AKRON, Ohio, July 16, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the second quarter and first half of 2021 after markets close on Thursday, July 22. These resul...
FirstEnergy (FE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Utility company FirstEnergy Corp. (NYSE:FE) is down 1.4% to trade at $36.96 at last check.
AKRON, Ohio, July 12, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is donating tens of thousands of face masks, gloves, cleaning supplies, and other forms of personal protective equipment (PPE) to ...
TOLEDO, Ohio, July 12, 2021 /PRNewswire/ -- Toledo Edison, a FirstEnergy Corp. (NYSE: FE) electric company, has been recognized by residential customers as a trusted and top performing utility in custom...
Penelec, a subsidiary of FirstEnergy (FE), installs more than 2,300 smart LED streetlights replacing old high-pressure sodium lamps. It is part of an endeavor to convert Erie into a smart city.
ERIE, Pa., July 1, 2021 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed the conversion of more than 2,300 high-pressure sodium streetlights to smart LED streetlights...
AKRON, Ohio, June 30, 2021 /PRNewswire/ -- With the Fourth of July fast approaching and the summer months upon us, FirstEnergy (NYSE: FE) is reminding the public to be cautious of potential electrical h...
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 be ...
AKRON, Ohio, June 30, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Lisa Winston Hicks and Paul Kaleta have been elected to the company's Board of Directors. These additions wil...
FirstEnergy's (FE) robust residential customer base and capital deployment to infrastructural development are likely to drive its earnings. Also, its focus on reducing emissions acts as a tailwind.
AKRON, Ohio, June 23, 2021 /PRNewswire/ -- The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), has hired 17 new graduates from the Power Systems Institute (PSI), the company's award-...
MORRISTOWN, N.J., June 23, 2021 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has hired 36 new graduates from the Power Systems Institute (PSI), the...
READING, Pa., June 23, 2021 /PRNewswire/ -- Met-Ed, a subsidiary of FirstEnergy Corp. (NYSE: FE), has hired 33 new graduates from the Power Systems Institute (PSI), the company's award-winning, two-year...
FAIRMONT, W.Va., June 23, 2021 /PRNewswire/ -- Mon Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), has hired 18 new graduates from the Power Systems Institute (PSI), the company's award-winning, tw...
AKRON, Ohio, June 23, 2021 /PRNewswire/ -- Ohio Edison and Penn Power, subsidiaries of FirstEnergy Corp. (NYSE: FE), have hired 12 new graduates from the Power Systems Institute (PSI), the company's awa...
ERIE, Pa., June 23, 2021 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), has hired 28 new graduates from the Power Systems Institute (PSI), the company's award-winning, two-year e...
WILLIAMSPORT, Md., June 23, 2021 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has hired 15 new graduates from the Power Systems Institute (PSI), the company's award-winn...
GREENSBURG, Pa., June 23, 2021 /PRNewswire/ -- West Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), has hired 30 new graduates from the Power Systems Institute (PSI), the company's award-winni...
FirstEnergy (FE) completes annual inspection of its transmission lines before summer season and continues to make necessary investments to strengthen its infrastructure.
AKRON, Ohio, June 21, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has completed annual inspections and maintenance throughout its transmission system to help ensure reliability for customers ahead...
The scandal that has ensnared FirstEnergy Corp. is spreading now that Ohio's former speaker of the house has been expelled. The impact on the nuclear energy sector?
AKRON, Ohio, June 17, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Michael Montaque has been named vice president, Internal Audit, effective July 12. In this role, he will be r...
BRECKSVILLE, Ohio, June 16, 2021 /PRNewswire/ -- The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), recently partnered with wildlife officials to protect an active red-tailed hawk n...
WILLIAMSPORT, Md., June 16, 2021 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), will host two teachers from Washington and Frederick counties this summer as part of the Ma...
ERIE, Pa., June 15, 2021 /PRNewswire/ -- With the hot, humid summer months expected to produce higher electric usage and potentially severe weather, Pennsylvania Electric Company (Penelec), a FirstEnerg...
NEW CASTLE, Pa., June 15, 2021 /PRNewswire/ -- Penn Power, a FirstEnergy Corp. (NYSE: FE) electric company, recently completed proactive equipment inspections and maintenance to reinforce the electric s...
READING, Pa., June 15, 2021 /PRNewswire/ -- With the hot, humid summer months expected to produce higher electric usage and potentially severe weather, Metropolitan Edison Company (Met-Ed), a FirstEnerg...
GREENSBURG, Pa., June 15, 2021 /PRNewswire/ -- With the hot, humid summer months expected to produce higher electric usage and potentially severe weather, West Penn Power, a FirstEnergy Corp. (NYSE: FE)...
AKRON, Ohio, June 14, 2021 /PRNewswire/ -- As communities along Lake Erie prepare for the mass arrival of mayflies this month, Ohio Edison, a FirstEnergy Corp. (NYSE: FE) electric company, is proactivel...
AKRON, Ohio, June 10, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has once again earned recognition for its emergency response efforts from the Edison Electric Institute (EEI), a leading electric ...
MORRISTOWN, N.J., June 10, 2021 /PRNewswire/ -- Jim Fakult, president of Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has been elected chairman of the New Jersey...
FirstEnergy (FE) completes maintenance and inspection work of its infrastructure to gear up for the hurricane season and provide continuous power supply during the sweltering summer.
AKRON, Ohio, June 9, 2021 /PRNewswire/ -- As temperatures rise, FirstEnergy Corp. (NYSE:FE) customers can take steps to beat the heat while also managing their energy costs. Extreme temperatures can o...
FAIRMONT, W.Va., June 7, 2021 /PRNewswire/ -- In anticipation of increased electric use along with the potential for seasonal storms, Mon Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), has complet...
WILLIAMSPORT, Md., June 7, 2021 /PRNewswire/ -- In anticipation of increased electric use along with the potential for seasonal storms, Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has ...
HOLMDEL, N.J., June 7, 2021 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed inspections and conducted equipment maintenance projects a...
MORRISTOWN, N.J., June 2, 2021 /PRNewswire/ -- Jersey Central Power and Light, (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), will launch a broad selection of energy efficiency programs this sum...
HOLMDEL, N.J., June 1, 2021 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has resumed indoor electric meter reading, a practice suspended in March...
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... [Read more...]
| Industry Utilities-Diversified | Founded 1996 |
| CEO Charles Jones | Employees 12,153 |
| Stock Exchange NYSE | Ticker Symbol FE |
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%.
Analyst Forecasts
According to 17 analysts, the average rating for FirstEnergy stock is "Buy." The 12-month stock price forecast is 40.07, which is an increase of 4.16% from the latest price.