FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States.
+ 1 more risk
Second-rate dividend payer and overvalued.
Share Price & News
How has FirstEnergy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FE's share price has been volatile over the past 3 months.
7 Day Return
US Electric Utilities
1 Year Return
US Electric Utilities
Return vs Industry: FE underperformed the US Electric Utilities industry which returned -4.7% over the past year.
Return vs Market: FE underperformed the US Market which returned 15.4% over the past year.
Price Volatility Vs. Market
How volatile is FirstEnergy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StCould The FirstEnergy Corp. (NYSE:FE) Ownership Structure Tell Us Something Useful?
1 week ago | Simply Wall StResults: FirstEnergy Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts
2 weeks ago | Simply Wall StHow Good Is FirstEnergy Corp. (NYSE:FE), When It Comes To ROE?
Is FirstEnergy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FE ($29.18) is trading below our estimate of fair value ($34.08)
Significantly Below Fair Value: FE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FE is poor value based on its PE Ratio (29x) compared to the US Electric Utilities industry average (19.5x).
PE vs Market: FE is poor value based on its PE Ratio (29x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: FE is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: FE is overvalued based on its PB Ratio (2.2x) compared to the US Electric Utilities industry average (1.9x).
How is FirstEnergy forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FE's forecast earnings growth (13.9% per year) is above the savings rate (2.2%).
Earnings vs Market: FE's earnings (13.9% per year) are forecast to grow slower than the US market (22.6% per year).
High Growth Earnings: FE's earnings are forecast to grow, but not significantly.
Revenue vs Market: FE's revenue (2.9% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: FE's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FE's Return on Equity is forecast to be low in 3 years time (18%).
How has FirstEnergy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FE has a large one-off loss of $484.0M impacting its June 30 2020 financial results.
Growing Profit Margin: FE's current net profit margins (5.1%) are lower than last year (10.6%).
Past Earnings Growth Analysis
Earnings Trend: FE has become profitable over the past 5 years, growing earnings by 22.2% per year.
Accelerating Growth: FE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FE had negative earnings growth (-53.1%) over the past year, making it difficult to compare to the Electric Utilities industry average (6.3%).
Return on Equity
High ROE: FE's Return on Equity (7.5%) is considered low.
How is FirstEnergy's financial position?
Financial Position Analysis
Short Term Liabilities: FE's short term assets ($2.0B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: FE's short term assets ($2.0B) do not cover its long term liabilities ($32.7B).
Debt to Equity History and Analysis
Debt Level: FE's debt to equity ratio (305.8%) is considered high.
Reducing Debt: FE's debt to equity ratio has increased from 181.1% to 305.8% over the past 5 years.
Debt Coverage: FE's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: FE's interest payments on its debt are not well covered by EBIT (1.7x coverage).
What is FirstEnergy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FE's dividend (5.35%) is higher than the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: FE's dividend (5.35%) is in the top 25% of dividend payers in the US market (4.45%)
Stability and Growth of Payments
Stable Dividend: FE's dividend payments have been volatile in the past 10 years.
Growing Dividend: FE's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (153.9%), FE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FE's dividends in 3 years are forecast to be covered by earnings (60.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chuck Jones (64 yo)
Mr. Charles E. Jones, Jr., also known as Chuck, serves as Director of Mid-Atlantic Interstate Transmission, LLC and Trans-Allegheny Interstate Line Company. He has been the Chief Executive Officer and Dire ...
CEO Compensation Analysis
Compensation vs Market: Chuck's total compensation ($USD14.68M) is above average for companies of similar size in the US market ($USD11.29M).
Compensation vs Earnings: Chuck's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Director||5.58yrs||US$14.68m||0.11% |
|Senior VP & Chief Legal Officer||2.58yrs||US$2.47m||0.016% |
|Senior VP of Corporate Services & Chief Information Officer - FirstEnergy Service Company||no data||US$1.98m||0.014% |
|Senior VP & President of FirstEnergy Utilities||no data||US$2.90m||0.0066% |
|Senior VP & CFO||0.25yr||no data||0.0050% |
|VP, Controller & Chief Accounting Officer||2.58yrs||no data||0.0011% |
|Vice President of Communications & Marketing||9.5yrs||no data||no data|
|Senior VP & Chief Human Resources Officer||1.08yrs||no data||0.0084% |
|Senior VP of Product Development||5.17yrs||no data||0.0070% |
|Vice President of Risk & Internal Audit||no data||no data||no data|
|Senior Vice President of Strategy - FirstEnergy Service Company||5.17yrs||no data||0.0086% |
Experienced Management: FE's management team is considered experienced (2.6 years average tenure).
|CEO & Director||5.58yrs||US$14.68m||0.11% |
|Independent Director||3.58yrs||US$271.60k||0.00085% |
|Independent Director||3.58yrs||US$249.90k||0.00076% |
|Independent Director||13.5yrs||US$273.73k||0.00018% |
|Independent Director||8.92yrs||US$269.85k||0.0030% |
|Independent Director||9.5yrs||US$259.05k||0.0020% |
|Independent Director||4.58yrs||US$265.41k||0.0014% |
|Independent Director||2.5yrs||US$254.90k||0.00060% |
|Independent Non-Executive Chairman||2.25yrs||US$399.90k||0.000020% |
|Independent Director||6.92yrs||US$249.90k||0.000060% |
|Independent Director||1.92yrs||US$249.90k||0.00083% |
Experienced Board: FE's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FirstEnergy Corp.'s company bio, employee growth, exchange listings and data sources
- Name: FirstEnergy Corp.
- Ticker: FE
- Exchange: NYSE
- Founded: 1996
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$15.808b
- Shares outstanding: 541.75m
- Website: https://www.firstenergycorp.com
Number of Employees
- FirstEnergy Corp.
- 76 South Main Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FE||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Nov 1997|
|FE7||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 1997|
|0IPB||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Nov 1997|
|FE *||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Nov 1997|
|F1EC34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Dec 2019|
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution and Regulated Transmission segments. ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/07 00:05|
|End of Day Share Price||2020/08/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.