FE - FirstEnergy Corp Stock Price, Fair Value and News

39.51USD+0.16 (+0.41%)Delayed as of 08 May 2024, 01:23 pm ET

Market Summary

USD39.51+0.16

Delayedas of 08 May 2024, 01:23 pm

0.41%

FE Stock Price

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FE RSI Chart

FE Valuation

Market Cap

22.6B

Price/Earnings (Trailing)

21.1

Price/Sales (Trailing)

1.75

EV/EBITDA

10.99

Price/Free Cashflow

15.51

FE Price/Sales (Trailing)

FE Profitability

EBT Margin

11.34%

Return on Equity

7.81%

Return on Assets

2.07%

Free Cashflow Yield

6.45%

FE Fundamentals

FE Revenue

Revenue (TTM)

12.9B

Rev. Growth (Yr)

1.73%

Rev. Growth (Qtr)

4.48%

FE Earnings

Earnings (TTM)

1.1B

Earnings Growth (Yr)

-13.36%

Earnings Growth (Qtr)

52.87%

Breaking Down FE Revenue

52 Week Range

32.4140.42

(Low)(High)

Last 7 days

2.6%

Last 30 days

3.5%

Last 90 days

9.8%

Trailing 12 Months

0.6%

How does FE drawdown profile look like?

FE Financial Health

Current Ratio

0.65

Debt/Equity

1.59

Debt/Cashflow

0.07

FE Investor Care

Dividend Yield

4.07%

Shares Dilution (1Y)

0.61%

Diluted EPS (TTM)

1.85

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	12.9B	0	0	0
2023	12.7B	12.9B	12.9B	12.9B
2022	11.4B	11.6B	11.9B	12.5B
2021	10.8B	10.9B	11.0B	11.1B
2020	10.9B	10.9B	10.9B	10.8B
2019	11.3B	11.2B	11.1B	11.0B
2018	11.0B	11.1B	11.2B	11.3B
2017	0	0	0	10.9B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of FirstEnergy Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	demetriou steven j.	acquired	39,978	38.33	1,043	-
Apr 01, 2024	somerhalder john w ii	acquired	64,969	38.33	1,695	-
Mar 01, 2024	tierney brian x	acquired	-	-	142,698	president and ceo
Mar 01, 2024	lisowski jason	sold (taxes)	-306,118	36.305	-8,431	vp, controller & cao
Mar 01, 2024	lisowski jason	back to issuer	-117,067	36.305	-3,224	vp, controller & cao
Mar 01, 2024	tierney brian x	sold (taxes)	-2,349,440	36.305	-64,714	president and ceo
Mar 01, 2024	walker christine	back to issuer	-232,554	36.305	-6,405	svp, chro & corporate services
Mar 01, 2024	lisowski jason	acquired	-	-	18,221	vp, controller & cao
Mar 01, 2024	somerhalder john w ii	sold (taxes)	-1,187,680	36.305	-32,714	-
Mar 01, 2024	somerhalder john w ii	acquired	-	-	74,220	-

Which funds bought or sold FE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Mystic Asset Management, Inc.	reduced	-2.02	8,727	280,304	0.12%
May 06, 2024	Merit Financial Group, LLC	new	-	1,301,800	1,301,800	0.03%
May 06, 2024	HighTower Advisors, LLC	reduced	-5.99	-49,000	5,104,000	0.01%
May 06, 2024	Metis Global Partners, LLC	reduced	-1.51	23,527	649,936	0.02%
May 06, 2024	Savant Capital, LLC	added	53.13	253,666	667,429	0.01%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	0.12	213,729	4,121,760	0.03%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-44.6	-382,000	535,000	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	added	5.00	78.00	812	-%
May 06, 2024	ORG Partners LLC	sold off	-100	-7,332	-	-%
May 06, 2024	Empowered Funds, LLC	added	34.17	87,336	298,571	-%

Are Funds Buying or Selling FE?

Are funds buying FE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FE

No. of Funds

Unveiling FirstEnergy Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 29, 2024	blackrock inc.	7.2%	41,506,767	SC 13G/A
Feb 13, 2024	vanguard group inc	11.31%	64,891,959	SC 13G/A
Feb 09, 2024	capital world investors	11.9%	68,272,992	SC 13G/A
Feb 09, 2024	gic private ltd	6.38%	36,600,157	SC 13G/A
Jan 30, 2024	state street corp	7.19%	41,234,821	SC 13G/A
Nov 13, 2023	capital world investors	10.9%	62,405,392	SC 13G
Feb 09, 2023	vanguard group inc	11.69%	66,818,032	SC 13G/A
Feb 06, 2023	state street corp	7.71%	44,093,784	SC 13G/A
Jan 25, 2023	blackrock inc.	7.8%	44,735,109	SC 13G/A
Jan 24, 2023	blackrock inc.	9.2%	4,268,887	SC 13G

Recent SEC filings of FirstEnergy Corp

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to FirstEnergy Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AEP	47.4B	19.3B	7.05%	-1.58%	16.81	2.45	-2.13%	41.75%
AWK	25.7B	4.3B	11.23%	-10.61%	26.78	5.96	10.78%	15.26%
AEE	19.8B	7.3B	2.26%	-16.59%	17.18	2.73	-10.88%	5.77%
ATO	18.2B	3.9B	3.54%	2.11%	19.62	4.6	-15.47%	16.09%
NRG	15.3B	28.5B	0.80%	134.27%	9.3	0.54	-9.05%	188.86%
AGR	14.2B	8.3B	2.11%	-9.74%	15.96	1.72	0.05%	30.98%
AES	13.4B	12.5B	4.09%	-12.64%	-2.1K	1.07	-3.77%	98.49%
CPK	2.5B	670.6M	7.54%	-12.28%	28.27	3.68	-1.48%	-2.88%
MID-CAP
PNW	8.7B	4.7B	5.02%	-4.27%	16.1	1.85	4.84%	12.15%
ALE	3.6B	1.9B	6.36%	0.93%	14.7	1.93	19.68%	30.53%
AVA	3.0B	1.9B	9.19%	-14.89%	15.71	1.57	9.47%	35.66%
SMALL-CAP
CWCO	427.3M	180.2M	3.95%	58.13%	14.37	2.37	91.50%	388.02%
CDZI	158.3M	2.0M	-5.60%	-49.46%	-5.03	78.74	33.96%	-26.84%
VIA	35.3M	415.8M	1.67%	4.09%	1.49	0.08	-11.16%	525.10%
CREG	8.2M	-	-24.26%	-34.81%	-10.98	12.3	-88.45%	83.25%

FirstEnergy Corp News

Latest updates

FirstEnergy Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.5%	3,287	3,146	3,487	3,006	3,231	3,177	3,475	2,818	2,989	2,660	3,124	2,622	2,726	2,537	3,022	2,522	2,709	2,673	2,963	2,516	2,883
Costs and Expenses	3.8%	2,675	2,578	2,821	2,525	2,680	2,778	2,970	2,371	2,430	2,436	2,493	2,310	2,167	2,143	2,301	2,007	2,177	2,058	2,282	1,931	2,254
EBITDA Margin	-0.4%	0.30*	0.31*	0.31*	0.31*	0.31*	0.31*	0.32*	0.33*	0.33*	0.35*	0.34*	0.34*	0.37*	0.31*	0.26*	0.26*	-	-	-	-	-
Income Taxes	141.1%	135	56.00	65.00	74.00	90.00	763	105	49.00	83.00	49.00	88.00	96.00	87.00	4.00	116	66.00	-60.00	-68.00	107	81.00	93.00
Earnings Before Taxes	51.1%	402	266	470	328	400	378	449	241	371	479	504	154	422	216	576	373	-36.00	-249	496	422	448
EBT Margin	-0.3%	0.11*	0.11*	0.12*	0.12*	0.12*	0.12*	0.13*	0.14*	0.13*	0.14*	0.12*	0.13*	0.15*	0.10*	0.06*	0.05*	-	-	-	-	-
Net Income	52.9%	253	166	400	254	292	-405	334	192	288	427	463	58.00	335	242	454	309	74.00	-111	391	312	320
Net Income Margin	-5.5%	0.08*	0.09*	0.04*	0.04*	0.03*	0.03*	0.10*	0.12*	0.11*	0.12*	0.10*	0.10*	0.12*	0.10*	0.07*	0.06*	-	-	-	-	-
Free Cashflow	-104.2%	-40.00	958	642	-101	-112	846	554	928	355	707	757	814	533	572	701	710	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	5.2%	51,299	48,767	47,471	47,065	46,479	46,108	44,851	45,120	44,617	45,432	43,854	44,363	44,117	44,464	42,938	42,403	42,090	42,301	41,742	41,182	40,623
Current Assets	58.2%	4,063	2,568	2,520	2,485	2,507	2,415	2,312	2,539	2,250	3,237	2,532	3,196	3,188	3,714	2,162	1,986	2,003	2,444	-	-	-
Cash Equivalents	548.2%	888	137	118	171	206	206	277	532	310	1,511	684	1,312	1,326	1,801	296	165	185	679	750	474	210
Inventory	5.1%	538	512	481	449	457	421	361	304	273	260	245	274	303	317	308	303	285	281	-	-	-
Net PPE	1.0%	38,804	38,412	37,678	37,149	36,630	36,285	35,572	35,367	34,996	34,744	34,305	34,017	33,640	33,294	32,857	32,408	32,005	31,650	-	-	-
Goodwill	0%	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	5,618	-	-	-
Liabilities	-0.4%	37,686	37,851	36,526	36,094	35,748	35,465	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Liabilities	16.5%	6,273	5,386	4,796	4,149	3,700	3,958	3,493	3,370	4,360	4,416	4,094	3,871	4,624	5,004	3,077	2,544	3,697	4,862	-	-	-
Short Term Borrowings	-67.7%	250	775	270	350	550	100	-	-	350	-	-	500	1,450	2,200	300	115	750	1,000	-	-	-
Long Term Debt	-5.4%	21,652	22,885	22,882	22,656	22,124	21,203	20,905	20,763	21,754	22,248	22,503	23,025	22,204	22,131	22,203	21,980	20,821	19,618	-	-	-
Shareholder's Equity	18.8%	12,397	10,437	10,474	10,971	10,731	10,643	11,238	11,314	8,755	8,675	7,479	7,430	7,360	7,237	7,188	7,143	6,814	6,975	7,272	7,269	6,932
Retained Earnings	100.0%	-	-97.00	-272	-672	-907	-1,199	-796	-1,130	-1,317	-1,605	-2,032	-2,495	-2,553	-2,888	-3,130	-3,584	-3,893	-3,967	-	-	-
Additional Paid-In Capital	17.8%	12,357	10,494	10,705	11,140	11,118	11,322	11,526	11,943	10,031	10,238	9,468	9,880	9,866	10,076	10,266	10,673	10,651	10,868	-	-	-
Accumulated Depreciation	1.3%	13,991	13,811	13,854	13,671	13,457	13,258	13,075	13,035	12,834	12,672	12,460	12,328	12,143	11,938	11,971	11,818	11,635	11,427	-	-	-
Shares Outstanding	0.2%	576	574	574	573	572	572	571	571	570	545	544	544	543	542	542	541	541	535	538	-	-
Minority Interest	153.9%	1,216	479	471	461	478	477	464	456	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	22,262	-	-	-	21,916	-	-	-	20,229	-	-	-	20,967	-	-	-	22,725	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-104.2%	-40.00	958	642	-101	-112	846	554	928	355	707	757	814	533	572	701	710	-560	730	1,112	807	-182
Cashflow From Investing	26.2%	-870	-1,179	-926	-831	-716	-1,073	-722	-689	-592	-748	-637	-675	-499	-737	-765	-747	-659	-792	-745	-706	-630
Cashflow From Financing	543.0%	1,646	256	214	940	828	156	-87.00	-17.00	-964	868	-748	-153	-509	1,670	195	17.00	725	-9.00	-91.00	163	593
Dividend Payments	-0.4%	235	236	223	224	223	224	222	223	222	213	212	212	212	211	212	211	211	205	206	202	201

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FE Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

REVENUES:

Total revenues

^[1]

$ 3,287

$ 3,231

OPERATING EXPENSES:

Fuel

105

133

Purchased power

1,036

1,124

Other operating expenses

1,006

846

Provision for depreciation

381

361

Deferral of regulatory assets, net

(164)

(80)

General taxes

311

296

Total operating expenses

2,675

2,680

OPERATING INCOME

612

551

OTHER INCOME (EXPENSE):

Equity method investment earnings (Note 1)

Miscellaneous income, net

Interest expense

(305)

(263)

Capitalized financing costs

Total other expense

(210)

(151)

INCOME BEFORE INCOME TAXES

402

400

INCOME TAXES

135

NET INCOME

267

310

Income attributable to noncontrolling interest

EARNINGS ATTRIBUTABLE TO FIRSTENERGY CORP.

$ 253

$ 292

EARNINGS PER SHARE ATTRIBUTABLE TO FIRSTENERGY CORP. (Note 3):

Basic (in dollars per share)

$ 0.44

$ 0.51

Diluted (in dollars per share)

$ 0.44

$ 0.51

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:

Basic (in shares)

574

572

Diluted (in shares)

576

573

Distribution services and retail generation

REVENUES:

Total revenues

$ 2,695

$ 2,680

Transmission

REVENUES:

Total revenues

515

460

Other

REVENUES:

Total revenues

$ 77

$ 91

[1]	Includes excise and gross receipts tax collections of $115 million and $109 million during the three months ended March 31, 2024 and 2023, respectively.

FE Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 888	$ 137
Restricted cash	27	42
Receivables-
Customers	1,418	1,382
Less — Allowance for uncollectible customer receivables	53	64
Receivable	1,365	1,318
Other, net of allowance for uncollectible accounts of $14 in 2024 and $15 in 2023	304	266
Note receivable - Brookfield due 2024 (Note 1)	450	0
Materials and supplies, at average cost	538	512
Prepaid taxes and other	491	293
Total current assets	4,063	2,568
PROPERTY, PLANT AND EQUIPMENT:
In service	50,634	50,107
Less — Accumulated provision for depreciation	13,991	13,811
Property, plant and equipment in service net of accumulated provision for depreciation	36,643	36,296
Construction work in progress	2,161	2,116
Total property, plant and equipment	38,804	38,412
INVESTMENTS AND OTHER NONCURRENT ASSETS:
Goodwill	5,618	5,618
Investments (Note 6)	688	663
Regulatory assets	333	369
Other	1,043	1,137
Note receivable - Brookfield due 2025 (Note 1)	750	0
Total investments and other noncurrent assets	8,432	7,787
TOTAL ASSETS	51,299	48,767
CURRENT LIABILITIES:
Currently payable long-term debt	2,613	1,250
Short-term borrowings	250	775
Accounts payable	1,383	1,362
Accrued interest	305	292
Accrued taxes	823	700
Accrued compensation and benefits	199	304
Customer deposits	228	227
Dividends payable	245	235
Other	227	241
Total current liabilities	6,273	5,386
NONCURRENT LIABILITIES:
Long-term debt and other long-term obligations	21,652	22,885
Accumulated deferred income taxes	5,288	4,530
Retirement benefits	1,663	1,663
Regulatory liabilities	964	1,214
Other	1,846	2,173
Total noncurrent liabilities	31,413	32,465
TOTAL LIABILITIES	37,686	37,851
Common stockholders’ equity-
Common stock, $0.10 par value, authorized 700,000,000 shares - 575,516,472 and 574,335,396 shares outstanding as of March 31, 2024 and December 31, 2023, respectively.	57	57
Other paid-in capital	12,357	10,494
Accumulated other comprehensive loss	(17)	(17)
Accumulated deficit	0	(97)
Total common stockholders’ equity	12,397	10,437
Noncontrolling interest	1,216	479
TOTAL EQUITY	13,613	10,916
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 9)
TOTAL LIABILITIES AND EQUITY	51,299	48,767
Customer
Receivables-
Customers	1,418	1,382
Less — Allowance for uncollectible customer receivables	53	64
Receivable	$ 1,365	$ 1,318

About FirstEnergy Corp

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.

CEO	Mr. Brian X. Tierney
WEBSITE	firstenergycorp.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	12335

FirstEnergy Corp Frequently Asked Questions

What is the ticker symbol for FirstEnergy Corp? What does FE stand for in stocks?

FE is the stock ticker symbol of FirstEnergy Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of FirstEnergy Corp (FE)?

As of Tue May 07 2024, market cap of FirstEnergy Corp is 22.64 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FE stock?

You can check FE's fair value in chart for subscribers.

What is the fair value of FE stock?

You can check FE's fair value in chart for subscribers. The fair value of FirstEnergy Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of FirstEnergy Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is FirstEnergy Corp a good stock to buy?

The fair value guage provides a quick view whether FE is over valued or under valued. Whether FirstEnergy Corp is cheap or expensive depends on the assumptions which impact FirstEnergy Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FE.

What is FirstEnergy Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, FE's PE ratio (Price to Earnings) is 21.1 and Price to Sales (PS) ratio is 1.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on FirstEnergy Corp's stock?

In the past 10 years, FirstEnergy Corp has provided 0.053 (multiply by 100 for percentage) rate of return.