Firstenergy Stock Today

FE Stock  USD 38.62  0.16  0.42%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
FirstEnergy is trading at 38.62 as of the 28th of March 2024, a 0.42% increase since the beginning of the trading day. The stock's lowest day price was 38.33. FirstEnergy has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for FirstEnergy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
10th of November 1997
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio. FirstEnergy Corp operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 574.44 M outstanding shares of which 12.52 M shares are currently sold short in the market by investors with about 3.45 days to cover all shorted shares. More on FirstEnergy

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FirstEnergy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FirstEnergy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FirstEnergy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, FirstEnergy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to FirstEnergy's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOCharles Jones
Thematic IdeaUtilities (View all Themes)
Old NameFirst Energy Metals Limited
Business ConcentrationElectric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, Stock Exchange Of, SP 500 Index, Dow Jones Utility, Dow Jones Composite, PHLX Utility, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Excise Tax ActivitiesCoal
Average Analyst Recommendation
Analysts covering FirstEnergy report their recommendations after researching FirstEnergy's financial statements, talking to executives and customers, or listening in on FirstEnergy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering FirstEnergy. The FirstEnergy consensus assessment is calculated by taking the average forecast from all of the analysts covering FirstEnergy.
Financial Strength
Based on the key measurements obtained from FirstEnergy's financial statements, FirstEnergy may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of FirstEnergy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.2639
Significantly Up
Very volatile
Gross Profit Margin0.730.639
Fairly Up
Slightly volatile
Net Debt17.5 B24.8 B
Way Down
Slightly volatile
Total Current Liabilities5.3 B5.4 B
Fairly Down
Very volatile
Non Current Liabilities Total23.8 B32.5 B
Way Down
Slightly volatile
Total Assets41.1 B48.8 B
Fairly Down
Pretty Stable
Total Current Assets2.9 B2.6 B
Moderately Up
Very volatile
Total Cash From Operating Activities2.4 B1.4 B
Way Up
Very volatile
FirstEnergy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to FirstEnergy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
FirstEnergy's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of FirstEnergy's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand FirstEnergy's financial leverage. It provides some insight into what part of FirstEnergy's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on FirstEnergy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how FirstEnergy deploys its capital and how much of that capital is borrowed.
Liquidity
FirstEnergy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 24.91 B of total liabilities with total debt to equity ratio (D/E) of 1.89, which is normal for its line of buisiness. FirstEnergy has a current ratio of 0.65, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist FirstEnergy until it has trouble settling it off, either with new capital or with free cash flow. So, FirstEnergy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FirstEnergy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FirstEnergy to invest in growth at high rates of return. When we think about FirstEnergy's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(86.45 Million)
FirstEnergy (FE) is traded on New York Stock Exchange in USA. It is located in 76 South Main Street, Akron, OH, United States, 44308 and employs 12,042 people. FirstEnergy is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 21.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FirstEnergy's market, we take the total number of its shares issued and multiply it by FirstEnergy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. FirstEnergy is active under Electric Utilities sector as part of Utilities industry. The entity has 574.44 M outstanding shares of which 12.52 M shares are currently sold short in the market by investors with about 3.45 days to cover all shorted shares. FirstEnergy reports about 160 M in cash with 1.39 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44.
Check FirstEnergy Probability Of Bankruptcy
Ownership Allocation
FirstEnergy holds a total of 574.44 Million outstanding shares. The majority of FirstEnergy outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in FirstEnergy to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in FirstEnergy. Please pay attention to any change in the institutional holdings of FirstEnergy as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check FirstEnergy Ownership Details

FirstEnergy Stock Price Odds Analysis

What are FirstEnergy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of FirstEnergy jumping above the current price in 90 days from now is under 4%. The FirstEnergy probability density function shows the probability of FirstEnergy stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon FirstEnergy has a beta of 0.7378. This usually indicates as returns on the market go up, FirstEnergy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FirstEnergy will be expected to be much smaller as well. Additionally, firstEnergy has an alpha of 0.0086, implying that it can generate a 0.008576 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 38.62HorizonTargetOdds Above 38.62
96.12%90 days
 38.62 
3.78%
Based on a normal probability distribution, the odds of FirstEnergy to move above the current price in 90 days from now is under 4 (This FirstEnergy probability density function shows the probability of FirstEnergy Stock to fall within a particular range of prices over 90 days) .

FirstEnergy Stock Institutional Holders

Institutional Holdings refers to the ownership stake in FirstEnergy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of FirstEnergy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing FirstEnergy's value.
InstituionRecorded OnShares
Boston Partners Global Investors, Inc2023-12-31
9.3 M
Allspring Global Investments Holdings, Llc2023-12-31
8.8 M
Morgan Stanley - Brokerage Accounts2023-12-31
7.6 M
Icahn Carl C2023-12-31
5.9 M
Legal & General Group Plc2023-12-31
5.6 M
Mitsubishi Ufj Trust & Banking Corp2023-12-31
4.8 M
Northern Trust Corp2023-12-31
4.7 M
Citadel Advisors Llc2023-09-30
M
Royal Bank Of Canada2023-12-31
3.9 M
Capital World Investors2023-12-31
68.2 M
Vanguard Group Inc2023-12-31
64.9 M
View FirstEnergy Diagnostics

FirstEnergy Historical Income Statement

FirstEnergy Income Statement is one of the three primary financial statements used for reporting FirstEnergy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of FirstEnergy revenue and expense. FirstEnergy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, FirstEnergy's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 10.8 B, whereas Gross Profit is forecasted to decline to about 8.2 B. View More Fundamentals

FirstEnergy Stock Against Markets

Picking the right benchmark for FirstEnergy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FirstEnergy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FirstEnergy is critical whether you are bullish or bearish towards FirstEnergy at a given time. Please also check how FirstEnergy's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in FirstEnergy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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FirstEnergy Corporate Directors

FirstEnergy corporate directors refer to members of a FirstEnergy board of directors. The board of directors generally takes responsibility for the FirstEnergy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of FirstEnergy's board members must vote for the resolution. The FirstEnergy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Julia JohnsonIndependent DirectorProfile
Christopher PappasExecutive Independent DirectorProfile
Ted KleisnerIndependent DirectorProfile
James OneilIndependent DirectorProfile

How to buy FirstEnergy Stock?

Before investing in FirstEnergy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in FirstEnergy. To buy FirstEnergy stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of FirstEnergy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase FirstEnergy stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located FirstEnergy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased FirstEnergy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as FirstEnergy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy FirstEnergy Stock please use our How to Invest in FirstEnergy guide.

Already Invested in FirstEnergy?

The danger of trading FirstEnergy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FirstEnergy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FirstEnergy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FirstEnergy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether FirstEnergy is a strong investment it is important to analyze FirstEnergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstEnergy's future performance. For an informed investment choice regarding FirstEnergy Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.
Note that the FirstEnergy information on this page should be used as a complementary analysis to other FirstEnergy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for FirstEnergy Stock analysis

When running FirstEnergy's price analysis, check to measure FirstEnergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.
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Is FirstEnergy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstEnergy. If investors know FirstEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.196
Dividend Share
1.58
Earnings Share
1.96
Revenue Per Share
22.138
Quarterly Revenue Growth
(0.01)
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.