FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. More Details
Solid track record average dividend payer.
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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FE's weekly volatility (3%) has been stable over the past year.
7 Day Return
US Electric Utilities
1 Year Return
US Electric Utilities
Return vs Industry: FE underperformed the US Electric Utilities industry which returned 14.4% over the past year.
Return vs Market: FE underperformed the US Market which returned 46% over the past year.
Long-Term 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
3 days ago | Simply Wall StFirstEnergy (NYSE:FE) Has Some Way To Go To Become A Multi-Bagger
2 weeks ago | Simply Wall StCan FirstEnergy Corp.'s (NYSE:FE) ROE Continue To Surpass The Industry Average?
1 month ago | Simply Wall StA Look At FirstEnergy's (NYSE:FE) Share Price Returns
Is FirstEnergy undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FE ($37.71) is trading above our estimate of fair value ($24.22)
Significantly Below Fair Value: FE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FE is good value based on its PE Ratio (15.6x) compared to the US Electric Utilities industry average (22.7x).
PE vs Market: FE is good value based on its PE Ratio (15.6x) compared to the US market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: FE is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: FE is overvalued based on its PB Ratio (2.8x) compared to the US Electric Utilities industry average (2x).
How is FirstEnergy forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FE's forecast earnings growth (6.9% per year) is above the savings rate (2%).
Earnings vs Market: FE's earnings (6.9% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: FE's earnings are forecast to grow, but not significantly.
Revenue vs Market: FE's revenue (3.3% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: FE's revenue (3.3% 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 (15.5%).
How has FirstEnergy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FE has high quality earnings.
Growing Profit Margin: FE's current net profit margins (12.4%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: FE has become profitable over the past 5 years, growing earnings by 49.6% per year.
Accelerating Growth: FE's earnings growth over the past year (128.9%) exceeds its 5-year average (49.6% per year).
Earnings vs Industry: FE earnings growth over the past year (128.9%) exceeded the Electric Utilities industry 9.4%.
Return on Equity
High ROE: FE's Return on Equity (17.9%) is considered low.
How is FirstEnergy's financial position?
Financial Position Analysis
Short Term Liabilities: FE's short term assets ($3.2B) do not cover its short term liabilities ($4.6B).
Long Term Liabilities: FE's short term assets ($3.2B) do not cover its long term liabilities ($32.1B).
Debt to Equity History and Analysis
Debt Level: FE's debt to equity ratio (324%) is considered high.
Reducing Debt: FE's debt to equity ratio has increased from 179.6% to 324% over the past 5 years.
Debt Coverage: FE's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: FE's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is FirstEnergy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FE's dividend (4.14%) is higher than the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: FE's dividend (4.14%) is in the top 25% of dividend payers in the US market (3.41%)
Stability and Growth of Payments
Stable Dividend: FE's dividend payments have been volatile in the past 10 years.
Growing Dividend: FE's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.4%), FE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FE's dividends in 3 years are forecast to be covered by earnings (60.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Strah (56 yo)
Mr. Steven E. Strah, also known as Steve, serves as President at FirstEnergy Corp. since May 2020 and also serves as its Chief Executive Officer and Director since March 08, 2021. He has been Senior Vice P...
CEO Compensation Analysis
Compensation vs Market: Steve 's total compensation ($USD5.79M) is below average for companies of similar size in the US market ($USD11.19M).
Compensation vs Earnings: Steve 's compensation has been consistent with company performance over the past year.
Experienced Management: FE's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: FE's board of directors are considered experienced (4.3 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$20.510b
- Shares outstanding: 543.90m
- Website: https://www.firstenergycorp.com
Number of Employees
- FirstEnergy Corp.
- 76 South Main Street
- United States
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||2021/05/18 03:26|
|End of Day Share Price||2021/05/17 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.