NYSE:FE FirstEnergy (FE) Stock Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free FE Stock Alerts $38.62 +0.16 (+0.42%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$38.33▼$38.7150-Day Range$35.79▼$38.5452-Week Range$32.18▼$41.99Volume3.24 million shsAverage Volume2.70 million shsMarket Capitalization$22.18 billionP/E Ratio21.34Dividend Yield4.25%Price Target$39.63 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get FirstEnergy alerts: Email Address FirstEnergy MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside2.6% Upside$39.63 Price TargetShort InterestHealthy2.22% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.52Upright™ Environmental ScoreNews Sentiment0.50Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth7.84%From $2.68 to $2.89 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.21 out of 5 starsUtilities Sector59th out of 90 stocksElectric Services Industry24th out of 40 stocks 1.1 Analyst's Opinion Consensus RatingFirstEnergy has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.63, FirstEnergy has a forecasted upside of 2.6% from its current price of $38.62.Amount of Analyst CoverageFirstEnergy has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.22% of the outstanding shares of FirstEnergy have been sold short.Short Interest Ratio / Days to CoverFirstEnergy has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FirstEnergy has recently increased by 1.84%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipFirstEnergy is a leading dividend payer. It pays a dividend yield of 4.34%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirstEnergy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of FirstEnergy is 90.61%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, FirstEnergy will have a dividend payout ratio of 56.75% next year. This indicates that FirstEnergy will be able to sustain or increase its dividend. Previous Next 0.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirstEnergy has received a -83.13% net impact score from Upright. The largest negative impact of FirstEnergy in category "GHG emissions" is driven by its "Electricity produced with coal", "Electricity transmission and distribution services", and "Electricity produced with hydropower" products. See details.Environmental SustainabilityThe Environmental Impact score for FirstEnergy is -7.52. Previous Next 2.5 News and Social Media Coverage News SentimentFirstEnergy has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 5 news articles for FirstEnergy this week, compared to 9 articles on an average week.Search Interest9 people have searched for FE on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.MarketBeat Follows10 people have added FirstEnergy to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FirstEnergy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.08% of the stock of FirstEnergy is held by insiders.Percentage Held by Institutions89.41% of the stock of FirstEnergy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for FirstEnergy are expected to grow by 7.84% in the coming year, from $2.68 to $2.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FirstEnergy is 21.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.39.Price to Earnings Ratio vs. SectorThe P/E ratio of FirstEnergy is 21.34, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 75.14.Price to Book Value per Share RatioFirstEnergy has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> About FirstEnergy Stock (NYSE: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 circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.Read More FE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FE Stock News HeadlinesMarch 28, 2024 | prnewswire.comNortheast Ohio Electric Grid Stronger and More Resilient Following Power Line EnhancementsMarch 25, 2024 | msn.comEx-FirstEnergy lobbyist charged in bribery scheme gets to spend Easter at his beach house, after allMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 25, 2024 | prnewswire.comFirstEnergy Closes on $3.5 Billion FirstEnergy Transmission, LLC 30% Interest SaleMarch 22, 2024 | americanbankingnews.comTraders Purchase High Volume of Call Options on FirstEnergy (NYSE:FE)March 21, 2024 | msn.comFirstEnergy raises dividend by 3.6% to $0.425March 21, 2024 | marketwatch.comFirstEnergy Raises Dividend 3.7%March 20, 2024 | stockhouse.comFirstEnergy Named Top 50 Diversity Employer by Minority Engineer(TM) MagazineMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 20, 2024 | prnewswire.comFirstEnergy Named Top 50 Diversity Employer by Minority Engineer™ MagazineMarch 20, 2024 | investing.comFirstEnergy raises dividend to $0.425 per shareMarch 20, 2024 | prnewswire.comFirstEnergy Corp. Declares Increased Common Stock Dividend of $0.425 Per ShareMarch 19, 2024 | prnewswire.comConstruction is Underway on Second Utility-Grade Solar Site in West VirginiaMarch 18, 2024 | msn.comNo Easter vacation for indicted FirstEnergy lobbyist, judge rulesMarch 18, 2024 | prnewswire.comFirstEnergy's Impactful Recycling Initiatives Highlighted on Global Recycling DayMarch 14, 2024 | prnewswire.comElectric Grid Upgrades Underway in Lorain CountyMarch 12, 2024 | finance.yahoo.comFirstEnergy Corp.: Increased Capital Investment and New Management Give FirstEnergy a Brighter OutlookMarch 10, 2024 | yahoo.comOhioans deserve to know the whole truth in FirstEnergy scandal | Casey WeinsteinMarch 7, 2024 | businesswire.comFirstEnergy Ohio Utilities' PIPP RFP Auction: Information Session for Prospective Bidders on Thursday, March 7, 2024March 7, 2024 | businesswire.comFirstEnergy Ohio Utilities' PIPP RFP Auction: Information Session for Prospective Bidders on Thursday, March 7, 2024March 4, 2024 | msn.comFirstEnergy making plans for solar eclipse dayFebruary 27, 2024 | finance.yahoo.comFE Apr 2024 44.000 putFebruary 26, 2024 | prnewswire.comWork Underway to Upgrade Electric System in Western PennsylvaniaFebruary 25, 2024 | msn.comWhat is IEU-Ohio and how were UA and other members hurt by the FirstEnergy HB6 scandal?February 24, 2024 | finance.yahoo.comFE Apr 2024 50.000 putFebruary 23, 2024 | prnewswire.comJCP&L President Jim Fakult Receives Awards from Morris Habitat for Humanity and ROI-NJFebruary 22, 2024 | prnewswire.comEnhanced Power Line to Benefit Nearly 4,000 JCP&L CustomersSee More Headlines Receive FE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FirstEnergy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/1 Dividend2/06/2024Last Earnings2/09/2024Dividend Payable3/01/2024Today3/28/2024Next Earnings (Estimated)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryElectric Utilities Current SymbolNYSE:FE CUSIP33793210 CIK1031296 Webwww.firstenergycorp.com Phone(800) 736-3402Fax330-384-3866Employees12,042Year Founded1997Price Target and Rating Average Stock Price Target$39.63 High Stock Price Target$43.00 Low Stock Price Target$35.00 Potential Upside/Downside+2.6%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.81 Trailing P/E Ratio21.34 Forward P/E Ratio14.41 P/E GrowthN/ANet Income$1.10 billion Net Margins8.56% Pretax Margin11.38% Return on Equity13.52% Return on Assets3.10% Debt Debt-to-Equity Ratio2.10 Current Ratio0.48 Quick Ratio0.38 Sales & Book Value Annual Sales$12.87 billion Price / Sales1.72 Cash Flow$4.89 per share Price / Cash Flow7.89 Book Value$19.02 per share Price / Book2.03Miscellaneous Outstanding Shares574,440,000Free Float573,981,000Market Cap$22.18 billion OptionableOptionable Beta0.48 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. K. Jon Taylor (Age 50)Senior VP of Strategy & CFO Comp: $1.48MMr. Hyun Park (Age 63)Senior VP & Chief Legal Officer Comp: $1.3MMs. Christine L. Walker (Age 59)Senior VP of Corporate Services & Chief Human Resources Officer Comp: $763.48kMr. Brian X. Tierney (Age 56)CEO, President & Director Mr. Toby L. Thomas (Age 53)Chief Operating Officer Mr. Jason J. Lisowski (Age 43)VP, Controller & Chief Accounting Officer Mr. Ernest N. MaleyVP & Chief Information OfficerMs. Irene M. Prezelj (Age 56)Vice President of Investor Relations & Communications Mr. Antonio FernandezVP and Chief Ethics & Compliance OfficerMs. Gretchan SekulichVice President of Communications & MarketingMore ExecutivesKey CompetitorsEntergyNYSE:ETREversource EnergyNYSE:ESPPLNYSE:PPLEdison InternationalNYSE:EIXPinnacle West CapitalNYSE:PNWView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Sold 4,192 shares on 3/27/2024Ownership: 0.002%HighPoint Advisor Group LLCBought 11,156 shares on 3/26/2024Ownership: 0.002%PNC Financial Services Group Inc.Bought 16,018 shares on 3/22/2024Ownership: 0.017%Grayhawk Investment Strategies Inc.Bought 3,897 shares on 3/21/2024Ownership: 0.001%B. Riley Wealth Advisors Inc.Bought 1,405 shares on 3/15/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions Should I Buy FirstEnergy Stock? FE Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in FirstEnergy Corp.: FirstEnergy Corp. reported a positive EPS of $0.62 for the latest quarter, exceeding the consensus estimate by $0.02. This indicates strong financial performance. FirstEnergy Corp. has a diverse portfolio of power generating facilities, including coal-fired, nuclear, hydroelectric, wind, and solar, providing stability and potential for growth in the renewable energy sector. With a market cap of $21.95 billion, FirstEnergy Corp. is a sizable company, offering investors exposure to a significant player in the electric services industry. Vanguard Group Inc., a major institutional investor, has been increasing its stake in FirstEnergy Corp., signaling confidence in the company's future prospects. FirstEnergy Corp. has a stable revenue stream, with $3.20 billion reported for the latest quarter, indicating consistent performance in its operations. Cons Investors should be bearish about investing in FirstEnergy Corp. for these reasons: FirstEnergy Corp. has a debt-to-equity ratio of 2.10, which may raise concerns about the company's financial leverage and ability to manage debt effectively. The stock price of FirstEnergy Corp. has been relatively stagnant, trading at $38.21 with a 12-month low of $32.18 and a high of $41.99, indicating limited short-term price movement. While FirstEnergy Corp. operates in multiple states and serves millions of customers, regulatory challenges in the utility sector could impact the company's operations and profitability. Institutional investors and hedge funds own a significant portion (82.34%) of FirstEnergy Corp.'s stock, potentially leading to volatility in the stock price due to large-scale trading activities. Despite recent positive earnings, FirstEnergy Corp. operates in a highly regulated industry, subject to changing policies and regulations that could affect its financial performance. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, March 27, 2024. Please send any questions or comments about these FirstEnergy pros and cons to contact@marketbeat.com. FE Stock Analysis - Frequently Asked Questions Should I buy or sell FirstEnergy stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FE, but not buy additional shares or sell existing shares. View FE analyst ratings or view top-rated stocks. What is FirstEnergy's stock price target for 2024? 7 brokers have issued 12-month target prices for FirstEnergy's stock. Their FE share price targets range from $35.00 to $43.00. On average, they anticipate the company's share price to reach $39.63 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View analysts price targets for FE or view top-rated stocks among Wall Street analysts. How have FE shares performed in 2024? FirstEnergy's stock was trading at $36.66 at the beginning of 2024. Since then, FE stock has increased by 5.3% and is now trading at $38.62. View the best growth stocks for 2024 here. When is FirstEnergy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our FE earnings forecast. How were FirstEnergy's earnings last quarter? FirstEnergy Corp. (NYSE:FE) announced its earnings results on Friday, February, 9th. The utilities provider reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. The utilities provider had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.10 billion. FirstEnergy had a trailing twelve-month return on equity of 13.52% and a net margin of 8.56%. The firm's revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 EPS. Read the conference call transcript. How often does FirstEnergy pay dividends? What is the dividend yield for FirstEnergy? FirstEnergy announced a quarterly dividend on Wednesday, March 20th. Stockholders of record on Tuesday, May 7th will be paid a dividend of $0.425 per share on Saturday, June 1st. This represents a $1.70 annualized dividend and a yield of 4.40%. The ex-dividend date of this dividend is Monday, May 6th. This is an increase from the stock's previous quarterly dividend of $0.41. Read our dividend analysis for FE. Is FirstEnergy a good dividend stock? FirstEnergy (NYSE:FE) pays an annual dividend of $1.64 per share and currently has a dividend yield of 4.34%. FE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 90.61%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FE will have a dividend payout ratio of 56.75% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FE. What ETFs hold FirstEnergy's stock? ETFs with the largest weight of FirstEnergy (NYSE:FE) stock in their portfolio include TrueShares Low Volatility Equity Income ETF (DIVZ), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Utilities Select Sector SPDR Fund (XLU), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Vanguard Utilities ETF (VPU), Fidelity MSCI Utilities Index ETF (FUTY) and AAM S&P 500 High Dividend Value ETF (SPDV). What guidance has FirstEnergy issued on next quarter's earnings? FirstEnergy updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 0.480-0.580 for the period, compared to the consensus EPS estimate of 0.680. The company issued revenue guidance of -. What is Chuck Jones' approval rating as FirstEnergy's CEO? 63 employees have rated FirstEnergy Chief Executive Officer Chuck Jones on Glassdoor.com. Chuck Jones has an approval rating of 76% among the company's employees. What other stocks do shareholders of FirstEnergy own? Based on aggregate information from My MarketBeat watchlists, some companies that other FirstEnergy investors own include AT&T (T), Intel (INTC), Cisco Systems (CSCO), Exxon Mobil (XOM), Pfizer (PFE), Verizon Communications (VZ), Johnson & Johnson (JNJ), Chevron (CVX), General Electric (GE) and AbbVie (ABBV). Who are FirstEnergy's major shareholders? FirstEnergy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Capital World Investors (11.88%), Vanguard Group Inc. (11.31%), Vanguard Group Inc. (11.30%), Price T Rowe Associates Inc. MD (3.36%), Nuveen Asset Management LLC (1.71%) and Boston Partners (1.62%). View institutional ownership trends. How do I buy shares of FirstEnergy? Shares of FE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does FirstEnergy have any subsidiaries? The following companies are subsidiares of FirstEnergy: Allegheny Energy, FirstEnergy Service Company, FirstEnergy Transmission LLC, FirstEnergy Ventures Corp., GPU Inc, Jersey Central Power & Light Company, MARBEL Energy Corporation, Metropolitan Edison Company, Monongahela Power Company, Ohio Edison Company, Pennsylvania Electric Company, The Cleveland Electric Illuminating Compan, The Potomac Edison Company, The Toledo Edison Company, and West Penn Power Company.Read More This page (NYSE:FE) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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