|Bid||0.00 x 3100|
|Ask||35.49 x 45100|
|Day's Range||33.79 - 34.17|
|52 Week Range||28.65 - 35.56|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.44 (4.20%)|
|1y Target Est||N/A|
FirstEnergy (FE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NextEra Energy (NEE) stock has a potential upside of almost 9.0% going forward. NextEra Energy has a mean target price of $170.1. Currently, NextEra Energy is trading at $156.5. RBC raised NextEra Energy’s target price from $166.0 to $170.0 last week.
The Vanguard Group added 9.7 million shares of FirstEnergy (FE) and held more than 11.6% of its shares as of March 31. State Street Global Advisers is the second-largest institutional investor in FE, an Ohio-based power company, holding more than 6.8% of FE shares at the end of the first quarter. It lowered its stake in FirstEnergy by selling net 0.9 million shares.
According to Wall Street analysts’ consensus, FirstEnergy (FE) stock has a mean price target of $37.7 against its current market price of $33.8. This difference indicates a potential upside of 11.6% for the stock over the next 12 months.
The Trump administration is weighing a broad array of strategies for keeping coal and nuclear power plants online as a matter of national security, with options ranging from invoking a 68-year-old law to a three-year-old one, according to a senior Energy Department official. Members of the National Security Council agree that something must be done to ensure the long-term reliability and resiliency of the nation’s electric grid, said the official, who asked to speak anonymously about internal deliberations. The effort is driven by concerns over the closing of many nuclear and coal plants, and the capability of systems to snap back after intense storms or cyber attacks.
SunTrust Robinson Humphrey cut DUK’s price target from $84.0 to $82.0 last week. Southern Company (SO), the second-largest regulated utility in the country, also received a target price change last week.
In this part, we’ll analyze Exelon (EXC)—the largest competitive utility in the country. Exelon is the largest utility holding company in the country by revenue. Exelon’s comparatively volatile earnings make its stock price movement less stable.
Moody's Investors Service, ("Moody's") assigned a first-time Baa1 senior unsecured rating to Mid-Atlantic Interstate Transmission LLC (MAIT). Moody's also affirmed the Baa1 long-term Issuer rating. MAIT is regulated by the Federal Energy Regulatory Commission (FERC).
CenterPoint Energy's (CNP) first quarter top-line upside was driven by higher contribution from Natural Gas Distribution, Energy Services as well as Electric Transmission & Distribution segments.
Consolidated Edison's (ED) cash and temporary cash investments as of Mar 31, 2018 was $651 million compared with $797 million as of Dec 31, 2017.
According to the Wall Street analyst consensus, FirstEnergy (FE) stock has a mean target price of $37.40. Its current market price is $33.90. That indicates a potential upside of 10.4% over the next 12 months.
Strong customer addition helps IDACORP (IDA) offset the negative impact arising from moderate winter temperature during the Q1 earnings.
On May 1, implied volatility for FirstEnergy (FE) stock was 18%, which is lower than its 15-day average. It was higher than the broader utilities and the broader markets. A higher implied volatility shows higher investor anxiety and is generally associated with a fall in the stock, and vice versa.
"We need to look at this reliability and resilience and make sure the power is going to be there," Rothfus said.
FirstEnergy (FE) stock is currently trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) valuation multiple of 8.0x, which is lower than its five-year historical average of 9.0x.
FirstEnergy (FE) is one of the utility stocks that has significantly outperformed its peers. FirstEnergy stock picked up the momentum after activist investors Elliott Management and Bluescape Energy Partners disclosed their investments in FE early this year. On May 1, FirstEnergy was trading marginally above its 50-day moving average and 4% above its 200-day moving average.
PPL Corp. (PPL) surpasses first-quarter earnings and revenue estimates as domestic contribution offsets the lower foreign performance.
NRG Energy (NRG) surpasses first-quarter earnings and revenue estimates and continues to benefit from its Transformation Plan initiative.
The operator of the biggest U.S. power grid said on Monday it would study fuel security vulnerabilities in its Mid-Atlantic and Midwest system and, if needed, compensate generators for the resiliency their units provide. "We do not feel we have a vulnerability today, but will take a look at the system to see if we could have fuel security issues in the future," Andy Ott, president and CEO of PJM Interconnection, said in a conference call. The fuel mix used to generate power in PJM, which serves 65 million people, has changed over the past several years with coal and nuclear plants retiring as energy firms add more natural gas and renewable units.
If you are interested in cashing in on FirstEnergy Corp’s (NYSE:FE) upcoming dividend of $0.36 per share, you only have 3 days left to buy the shares before its ex-dividendRead More...
PJM Interconnection, operator of the biggest U.S. power grid, said on Monday it would look for fuel security vulnerabilities in its Mid-Atlantic and Midwest system and, if needed, compensate generators for the resiliency their units provide. "We do not feel we have a vulnerability today, but will take a look at the system to see if we could have fuel security issues in the future," Andy Ott, president and CEO of PJM, said in a conference call. The fuel mix used to generate power in PJM, which serves 65 million people, has changed over the past several years with coal and nuclear plants retiring as energy firms add more natural gas and renewable units, raising potential resilience risks beyond existing reliability standards.
Xcel Energy's (XEL) first-quarter earnings are better than expectations, thanks to improvement in electric and natural gas margins.