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FirstEnergy (FE)
NYSE:FE
Holding FE?
Track your performance easily
FE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$32.18 - $44.97
Previous Close$43.49
Volume1.68M
Average Volume (3M)2.72M
Market Cap
$24.90B
Enterprise Value$50.19B
Total Cash (Recent Filing)$60.00M
Total Debt (Recent Filing)$23.95B
Price to Earnings (P/E)28.8
Beta0.34
Next Earnings
Oct 24, 2024EPS Estimate
$0.91Last Dividend Ex-Date
Aug 07, 2024Dividend Yield3.82%
Share Statistics
EPS (TTM)1.52
Shares Outstanding575,922,417
10 Day Avg. Volume3,004,451
30 Day Avg. Volume2,723,561
Standard Deviation0.07
R-Squared0.15
Alpha-0.00125
Financial Highlights & Ratios
Price to Book (P/B)2.01
Price to Sales (P/S)1.91
Price to Cash Flow (P/CF)5.70
P/FCF Ratio5.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.80
Enterprise Value/Gross Profit6.10
Enterprise Value/Ebitda23.59
Forecast
1Y Price Target
$45.25Price Target Upside4.67% Upside
Rating ConsensusHold
Number of Analyst Covering10
FirstEnergy News
PremiumCompany Announcements
FirstEnergy Settles SEC Inquiry, Advances Strategic Goals
PremiumCompany Announcements
FirstEnergy Settles Ohio Bribery Allegations for $19.5 MillionBulls Say, Bears Say
Bulls Say
EarningsEarnings estimates are updated closer to the company's guidance range given recent execution and another quarter of plan reiteration.
ManagementFE has revamped the management team, executed on asset sales, settled its NJ rate case, and improved the balance sheet.
RegulatoryFE's New Jersey utility resolved its rate case earlier this year and has robust rate base growth of approximately 16%.
Bears Say
Debt RefinancingSome earnings headwinds are coming from the outcomes in both PA and OH rate cases, and the refinancing of low-cost debt at the holding company.
Financial PerformanceManagement stated that it would be ‘challenged’ to meet the lower end of the 14%-15% FFO to debt metric in part due to a $120mn accrual taken to resolve legacy HB 6 investigations.
Regulatory RisksDespite higher earnings estimates, the Underperform rating is reiterated to reflect risk associated with the Ohio rate proceedings and ongoing HB 6 investigations at various state and federal agencies.
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Ownership Overview
0.69% Insiders
38.78% Mutual Funds
49.52% Other Institutional Investors
11.01% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FE FAQ
What was FirstEnergy’s price range in the past 12 months?
FirstEnergy lowest stock price was $32.18 and its highest was $44.97 in the past 12 months.
What is FirstEnergy’s market cap?
Currently, no data Available
When is FirstEnergy’s upcoming earnings report date?
FirstEnergy’s upcoming earnings report date is Oct 24, 2024 which is in 34 days.
How were FirstEnergy’s earnings last quarter?
FirstEnergy released its earnings results on Jul 30, 2024. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.557 by $0.003.
Is FirstEnergy overvalued?
According to Wall Street analysts FirstEnergy’s price is currently Undervalued.
Does FirstEnergy pay dividends?
FirstEnergy pays a Quarterly dividend of $0.42 which represents an annual dividend yield of 3.82%. See more information on FirstEnergy dividends here
What is FirstEnergy’s EPS estimate?
FirstEnergy’s EPS estimate is $0.91.
How many shares outstanding does FirstEnergy have?
FirstEnergy has 575,922,400 shares outstanding.
What happened to FirstEnergy’s price movement after its last earnings report?
FirstEnergy reported an EPS of $0.56 in its last earnings report, beating expectations of $0.557. Following the earnings report the stock price went up 0.266%.
Which hedge fund is a major shareholder of FirstEnergy?
Among the largest hedge funds holding FirstEnergy’s share is Blackstone Inc.. It holds FirstEnergy’s shares valued at 1B.
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FirstEnergy Stock Smart Score
Unlock Smart Score
1
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$45.25 (4.67% Upside)
$45.25 (4.67% Upside)
Blogger Sentiment
Bullish
FE Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 21.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.55%
12-Months-Change
Fundamentals
Return on Equity
7.78%
Trailing 12-Months
Asset Growth
8.41%
Trailing 12-Months
Company Description
FirstEnergy
FirstEnergy Corp. engages in the generation, transmission and distribution of electricity as well as energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission and Corporate. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities and the regulatory assets. The Corporate segment reflects corporate support not charged to FE's subsidiaries, interest expense on FE's holding company debt and other businesses that do not constitute an operating segment. FirstEnergy was founded in 1996 and is headquartered in Akron, OH.
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FE Company Deck
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FE Earnings Call
Q2 2024
0:00 / 0:00
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FE Revenue Breakdown
83.99% Regulated Distribution
15.92% Regulated Transmission
0.09% Corporate/Other and Reconciling Adjustments
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FE Stock 12 Month Forecast
Average Price Target
$45.25
▲(4.67% Upside)
Technical Analysis
Best Analysts Covering FE
1 Year
1 Year Success Rate
9/11 ratings generated profit
1 Year Average Return
+11.53%
reiterated a buy rating 8 months ago
Copying Shahriar Pourreza's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +11.53% per trade.
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