- Previous Close
41.22 - Open
41.19 - Bid 40.61 x 800
- Ask 41.59 x 1400
- Day's Range
40.77 - 41.29 - 52 Week Range
35.41 - 44.97 - Volume
3,411,871 - Avg. Volume
2,849,592 - Market Cap (intraday)
23.531B - Beta (5Y Monthly) 0.50
- PE Ratio (TTM)
26.34 - EPS (TTM)
1.55 - Earnings Date Feb 6, 2025 - Feb 10, 2025
- Forward Dividend & Yield 1.70 (4.12%)
- Ex-Dividend Date Nov 7, 2024
- 1y Target Est
46.74
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.
www.firstenergycorp.com12,042
Full Time Employees
December 31
Fiscal Year Ends
Sector
Utilities - Regulated Electric
Industry
Recent News: FE
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Performance Overview: FE
Trailing total returns as of 11/14/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: FE
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Statistics: FE
View MoreValuation Measures
Market Cap
23.76B
Enterprise Value
47.02B
Trailing P/E
26.59
Forward P/E
14.31
PEG Ratio (5yr expected)
2.04
Price/Sales (ttm)
1.76
Price/Book (mrq)
1.91
Enterprise Value/Revenue
3.50
Enterprise Value/EBITDA
11.71
Financial Highlights
Profitability and Income Statement
Profit Margin
6.73%
Return on Assets (ttm)
2.71%
Return on Equity (ttm)
8.31%
Revenue (ttm)
13.26B
Net Income Avi to Common (ttm)
892M
Diluted EPS (ttm)
1.55
Balance Sheet and Cash Flow
Total Cash (mrq)
439M
Total Debt/Equity (mrq)
173.13%
Levered Free Cash Flow (ttm)
-1.6B
Research Analysis: FE
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Research Reports: FE
View MoreFirstEnergy Earnings: Narrowed Guidance Reflects Higher Storm Costs Partially Offset by Lower O&M
FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.
RatingPrice TargetRaising to BUY as utility moves past scandal
FirstEnergy is a diversified energy company based in Akron, Ohio. It is one of the nation's largest investor-owned electric systems, with 10 regulated subsidiaries. The company has small regulated generating capacity, under 4,000 MW. FE's focus is on transmission and distribution; however, the company has been selling portions of its transmission business and expects about 20% of 2024 earnings to be from transmission operations. The company serves 6 million customers, including 2.3 million in Ohio, 1.8 million in Pennsylvania, and 2 million more in other mid-Atlantic states. FE does not have natural gas operations, and regulated electricity distribution accounted for about 85% of total 2023 revenues. FE's generation mix is carbon-neutral nuclear (53%), scrubbed baseload coal (35%), natural gas and oil (4%), and pumped-storage hydro and other renewables (8%). We believe that the company is at a disadvantage versus its peers given its heavy reliance on coal generation. FE has pledged to reduce GHG emissions by 30% (from its 2019 baseline) by 2030 and to become carbon-neutral by 2050. The company was implicated in a bribery scandal in 2020 that resulted in ongoing civil penalties. It was also been found liable for improper customer charges, resulting in a $306 million settlement with Ohio regulators. Insurance could mitigate some of these expenses.
RatingPrice TargetU.S. stocks closed at record highs rallied by the Federal Reserve's interest
U.S. stocks closed at record highs rallied by the Federal Reserve's interest rate cut. The Dow rose more than 1.2%, closing above 42,000 for the first time, while the S&P 500 gained 1.7%. The Nasdaq was up 2.6%.
FirstEnergy Management Moving Toward Achieving Constructive Regulatory Outcomes
FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.
RatingPrice Target