FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States.
Solid track record unattractive 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 has not had significant price volatility in the past 3 months.
7 Day Return
US Electric Utilities
1 Year Return
US Electric Utilities
Return vs Industry: FE exceeded the US Electric Utilities industry which returned 28.6% over the past year.
Return vs Market: FE exceeded the US Market which returned 20.1% 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 week ago | Simply Wall StWhy We Like FirstEnergy Corp.’s (NYSE:FE) 6.0% Return On Capital Employed
2 weeks ago | Simply Wall StHere's What You Should Know About FirstEnergy Corp.'s (NYSE:FE) 3.1% Dividend Yield
1 month ago | Simply Wall StIs FirstEnergy Corp. (NYSE:FE) A High Quality Stock To Own?
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 ($52.23) is trading above our estimate of fair value ($42.53)
Significantly Below Fair Value: FE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FE is poor value based on its PE Ratio (31x) compared to the Electric Utilities industry average (26.6x).
PE vs Market: FE is poor value based on its PE Ratio (31x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: FE is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: FE is overvalued based on its PB Ratio (4x) compared to the US Electric Utilities industry average (2.4x).
How is FirstEnergy forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FE's forecast earnings growth (10.6% per year) is above the savings rate (1.7%).
Earnings vs Market: FE's earnings (10.6% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: FE's earnings are forecast to grow, but not significantly.
Revenue vs Market: FE's revenue (3.9% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: FE's revenue (3.9% 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 (17.1%).
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 (8.3%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: FE has become profitable over the past 5 years, growing earnings by 7.3% per year.
Accelerating Growth: FE's earnings growth over the past year (37.4%) exceeds its 5-year average (7.3% per year).
Earnings vs Industry: FE earnings growth over the past year (37.4%) exceeded the Electric Utilities industry 7.3%.
Return on Equity
High ROE: FE's Return on Equity (13%) is considered low.
Return on Assets
Return on Capital Employed
How is FirstEnergy's financial position?
Financial Position Analysis
Short Term Liabilities: FE's short term assets ($2.4B) do not cover its short term liabilities ($4.9B).
Long Term Liabilities: FE's short term assets ($2.4B) do not cover its long term liabilities ($30.5B).
Debt to Equity History and Analysis
Debt Level: FE's debt to equity ratio (300.2%) is considered high.
Reducing Debt: FE's debt to equity ratio has increased from 175% to 300.2% over the past 5 years.
Inventory Level: FE has a high level of physical assets or inventory.
Debt Coverage by Assets: FE's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FE is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: FE is profitable, therefore cash runway is not a concern.
What is FirstEnergy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FE's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: FE's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: FE's dividend payments have been volatile in the past 10 years.
Growing Dividend: FE's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (91%), FE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FE's dividends in 3 years are forecast to be covered by earnings (61.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chuck Jones (63yo)
Mr. Charles E. Jones, Jr., also known as Chuck, serves as Director of Mid-Atlantic Interstate Transmission, LLC and Trans-Allegheny Interstate Line Company. Mr. Jones has been Senior Vice President and Chi ...
CEO Compensation Analysis
Compensation vs Market: Chuck's total compensation ($USD11.12M) is about average for companies of similar size in the US market ($USD10.81M).
Compensation vs Earnings: Chuck's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||1.9yrs||US$3.50m||0.013% $3.6m|
|Senior VP & President of FirstEnergy Utilities||0yrs||US$3.11m||0.0076% $2.1m|
|Senior VP of Corporate Services & Chief Information Officer - FirstEnergy Service Company||0yrs||US$1.44m||0.012% $3.3m|
|VP, Controller & Chief Accounting Officer||2.1yrs||no data||0.0011% $307.8k|
|Senior VP & General Counsel||2.1yrs||no data||0.014% $3.8m|
|Vice President of Communications & Marketing||9yrs||no data||no data|
|Senior VP & Chief Human Resources Officer - FirstEnergy Service Company||14.8yrs||no data||0.0072% $2.0m|
|Chief Risk Officer and Vice President of Corporate Risk||7.5yrs||no data||no data|
|Vice President of Risk & Internal Audit||0yrs||no data||no data|
Experienced Management: FE's management team is seasoned and experienced (5.1 years average tenure).
|Independent Director||3.1yrs||US$245.48k||0.00082% $231.6k|
|Independent Director||3.1yrs||US$229.90k||0.00076% $214.6k|
|Independent Director||13yrs||US$254.20k||0.00018% $50.8k|
|Independent Director||8.4yrs||US$247.40k||0.0036% $1.0m|
|Independent Director||9yrs||US$229.90k||0.0016% $454.7k|
|Independent Director||4.1yrs||US$248.40k||0.0014% $386.9k|
|Independent Director||2yrs||US$197.94k||0.00060% $169.4k|
|Non-executive Chairman||1.8yrs||US$331.48k||0.000020% $5.6k|
|Independent Director||6.4yrs||US$232.88k||0.000060% $16.9k|
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.7%.
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$28.241b
- Shares outstanding: 540.71m
- 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. It owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,486 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 269,691 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 156,115,196 kilovolt-amperes. The company serves approximately six million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is headquartered in Akron, Ohio.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 23:35|
|End of Day Share Price||2020/02/14 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.