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FirstEnergy (FE) Stock

Profile

Sector:

Utilities

Industry:

Electric

Country:

United States

IPO:

10 November 1997

Indexes:

Description:

FirstEnergy Corp. is an electric utility holding company headquartered in Akron, Ohio. The company was founded in 1997. The subsidiary structures of the holding company are involved in the generation, transmission, and distribution of electricity in the United States. The company operates through regulated distribution and regulated transmission segments. FirstEnergy Corp oversees distribution to ten load-serving operating companies serving approximately six million customers. The company also provides transmission infrastructure, owns and operates transmission lines, and offers utility services. FirstEnergy Corp owns and operates coal, nuclear, hydroelectric, gas, wind, and solar power plants. The company also provides energy-related products and services to retail and wholesale customers.

Key Details

Price

$39.92

TTM Dividend Yield

4.22%(+0.96% YoY)

PE Ratio

25.75(+30.25% YoY)

Beta

0.12

Events Calendar

Earnings

Next earnings date:

Feb 07, 2025

Recent quarterly earnings:

Oct 29, 2024

Recent annual earnings:

Feb 08, 2024
Dividend

Next ex-dividend date:

Feb 07, 2025

Recent ex-dividend date:

Nov 07, 2024
Splits

Next split:

N/A

Recent split:

Apr 04, 2003

Analyst ratings

Recent major analysts updates

12 Dec '24 Scotiabank
Sector Outperform
04 Dec '24 Keybanc
Overweight
22 Nov '24 Morgan Stanley
Overweight
31 Oct '24 Seaport Global
Neutral
22 Oct '24 Keybanc
Overweight
18 Oct '24 JP Morgan
Neutral
14 Oct '24 Jefferies
Hold
08 Oct '24 Barclays
Equal-Weight
07 Oct '24 Barclays
Equal-Weight
30 Sept '24 Keybanc
Overweight

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Institutional Ownership

CSE Bulletin: Name and Symbol Change - FE Battery Metals Corp. (FE)
CSE Bulletin: Name and Symbol Change - FE Battery Metals Corp. (FE)
CSE Bulletin: Name and Symbol Change - FE Battery Metals Corp. (FE)
FE
newsfilecorp.com30 December 2024

Toronto, Ontario--(Newsfile Corp. - December 30, 2024) - FE Battery Metals Corp. (FE) has revealed that it will change its name and symbol to Linear Minerals Corp. (LINE). The new name, symbol, and CUSIP number will take effect on December 31, 2024, when shares start trading under the updated identity.

FirstEnergy PA Gets Approval for Infrastructure Improvement Plans
FirstEnergy PA Gets Approval for Infrastructure Improvement Plans
FirstEnergy PA Gets Approval for Infrastructure Improvement Plans
FE
zacks.com23 December 2024

FE Pennsylvania has been given the green light to start phase three of its LTIIP. This phase will aim to enhance service reliability by modernizing the grid and making the system more resilient.

FirstEnergy Transmission, LLC Announces Launch of Exchange Offer for Its 4.550% Senior Notes Due 2030 and 5.000% Senior Notes Due 2035
FirstEnergy Transmission, LLC Announces Launch of Exchange Offer for Its 4.550% Senior Notes Due 2030 and 5.000% Senior Notes Due 2035
FirstEnergy Transmission, LLC Announces Launch of Exchange Offer for Its 4.550% Senior Notes Due 2030 and 5.000% Senior Notes Due 2035
FE
prnewswire.com23 December 2024

On December 23, 2024, FirstEnergy Transmission, LLC, a part of FirstEnergy Corp. that manages electric transmission in several states, announced a new exchange offer. The company is offering to swap up to $400 million of its existing 4.550% Senior Notes due in 2030 for newly registered notes of the same amount, as well as up to $400 million of its 5.000% Senior Notes due in 2035 for newly registered notes. This exchange is part of their efforts to update their securities under the Securities Act of 1933.

FirstEnergy Names Three to Vice President Roles
FirstEnergy Names Three to Vice President Roles
FirstEnergy Names Three to Vice President Roles
FE
prnewswire.com20 December 2024

FirstEnergy Corp. has appointed Kelly Gower as Vice President of Finance and Regulatory for Pennsylvania and Teresa Reed for New Jersey. This announcement was made on December 20, 2024, from Akron, Ohio. Additionally, Jeremy W. has also been selected for a leadership role.

FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans
FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans
FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans
FE
prnewswire.com19 December 2024

Efforts to improve the smart grid in Pennsylvania will carry on until 2029. FirstEnergy Pennsylvania, which operates under names like Met-Ed and Penn Power, has been given the green light by the Pennsylvania Public Utility Commission to start phase three of its Long-Term Infrastructure Improvement Plans. This initiative aims to maintain reliable electric service for over two million customers in the state.

"Gifts of the Season" Totaling Nearly $20,000 Awarded to New Jersey Nonprofits by FirstEnergy Foundation
"Gifts of the Season" Totaling Nearly $20,000 Awarded to New Jersey Nonprofits by FirstEnergy Foundation
"Gifts of the Season" Totaling Nearly $20,000 Awarded to New Jersey Nonprofits by FirstEnergy Foundation
FE
prnewswire.com19 December 2024

Recipients are helping vulnerable people in the areas served by JCP&L. On December 19, 2024, the FirstEnergy Foundation donated almost $20,000 as "Gifts of the Season" to three nonprofit organizations that aim to improve lives in New Jersey communities served by Jersey Central Power & Light (JCP&L).

FirstEnergy Foundation Surprises Maryland and West Virginia Agencies with Donations Totaling $40,000 Ahead of Holidays
FirstEnergy Foundation Surprises Maryland and West Virginia Agencies with Donations Totaling $40,000 Ahead of Holidays
FirstEnergy Foundation Surprises Maryland and West Virginia Agencies with Donations Totaling $40,000 Ahead of Holidays
FE
prnewswire.com19 December 2024

On December 19, 2024, Potomac Edison, part of FirstEnergy Corp., announced unexpected donations of $20,000 each to two nonprofit organizations. These contributions are aimed at enhancing the quality of life in communities across Maryland and West Virginia that the company serves. The donations were made to Operation Second Chance and Stars That Shine.

FirstEnergy Foundation Surprises West Virginia Agencies with "Gifts of the Season" Totaling Nearly $20,000
FirstEnergy Foundation Surprises West Virginia Agencies with "Gifts of the Season" Totaling Nearly $20,000
FirstEnergy Foundation Surprises West Virginia Agencies with "Gifts of the Season" Totaling Nearly $20,000
FE
prnewswire.com19 December 2024

Mon Power, a FirstEnergy Corp electric company, has given unexpected donations of $6,650 to three nonprofit groups. These organizations are dedicated to enhancing the quality of life in communities within Mon Power's service area in West Virginia. The announcement was made on December 19, 2024, in Fairmont, W.Va.

"Gifts of the Season" Totaling $70,000 Presented to Nonprofits in Pennsylvania
"Gifts of the Season" Totaling $70,000 Presented to Nonprofits in Pennsylvania
"Gifts of the Season" Totaling $70,000 Presented to Nonprofits in Pennsylvania
FE
prnewswire.com19 December 2024

The FirstEnergy Foundation has given unexpected "Gifts of the Season" worth $70,000 to six local nonprofits in Pennsylvania. These organizations are dedicated to improving the lives of people in communities served by FirstEnergy Pennsylvania, which operates under names like Met-Ed, Penn Power, Penelec, and West Penn Power. This initiative is part of the foundation's annual holiday charitable campaign.

FirstEnergy Names Brian X. Tierney Chair of the Board
FirstEnergy Names Brian X. Tierney Chair of the Board
FirstEnergy Names Brian X. Tierney Chair of the Board
FE
prnewswire.com18 December 2024

John W. Somerhalder II will continue as Chair of the Board, while Lisa Winston Hicks will stay on as the Lead Independent Director. This announcement was made by FirstEnergy Corp. in Akron, Ohio, on December 18, 2024. Brian X. has been named as the President and Chief Executive Officer.

FAQ

  • What is the primary business of FirstEnergy?
  • What is the ticker symbol for FirstEnergy?
  • Does FirstEnergy pay dividends?
  • What sector is FirstEnergy in?
  • What industry is FirstEnergy in?
  • What country is FirstEnergy based in?
  • When did FirstEnergy go public?
  • Is FirstEnergy in the S&P 500?
  • Is FirstEnergy in the NASDAQ 100?
  • Is FirstEnergy in the Dow Jones?
  • When was FirstEnergy's last earnings report?
  • When does FirstEnergy report earnings?
  • Should I buy FirstEnergy stock now?

What is the primary business of FirstEnergy?

FirstEnergy Corp. is an electric utility holding company headquartered in Akron, Ohio. The company was founded in 1997. The subsidiary structures of the holding company are involved in the generation, transmission, and distribution of electricity in the United States. The company operates through regulated distribution and regulated transmission segments. FirstEnergy Corp oversees distribution to ten load-serving operating companies serving approximately six million customers. The company also provides transmission infrastructure, owns and operates transmission lines, and offers utility services. FirstEnergy Corp owns and operates coal, nuclear, hydroelectric, gas, wind, and solar power plants. The company also provides energy-related products and services to retail and wholesale customers.

What is the ticker symbol for FirstEnergy?

The ticker symbol for FirstEnergy is NYSE:FE

Does FirstEnergy pay dividends?

Yes, FirstEnergy pays dividends. The last payment was $0.42, with an ex-dividend date on 07 November 2024

What sector is FirstEnergy in?

FirstEnergy is in the Utilities sector

What industry is FirstEnergy in?

FirstEnergy is in the Electric industry

What country is FirstEnergy based in?

FirstEnergy is headquartered in United States

When did FirstEnergy go public?

FirstEnergy's initial public offering (IPO) was on 10 November 1997

Is FirstEnergy in the S&P 500?

Yes, FirstEnergy is included in the S&P 500 index

Is FirstEnergy in the NASDAQ 100?

No, FirstEnergy is not included in the NASDAQ 100 index

Is FirstEnergy in the Dow Jones?

No, FirstEnergy is not included in the Dow Jones index

When was FirstEnergy's last earnings report?

FirstEnergy's most recent earnings report was on 29 October 2024

When does FirstEnergy report earnings?

The next expected earnings date for FirstEnergy is 7 February 2025

Should I buy FirstEnergy stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions