FE - FirstEnergy Corp.
| Previous Close | 43.35 |
| Open | 43.98 |
| Bid | 43.80 x 800 |
| Ask | 43.81 x 800 |
| Day's Range | 43.66 - 44.06 |
| 52 Week Range | 34.30 - 44.11 |
| Volume | 354,276 |
| Avg. Volume | 3,926,569 |
| Market Cap | 23.213B |
| Beta (3Y Monthly) | 0.26 |
| PE Ratio (TTM) | 266.34 |
| EPS (TTM) | 0.16 |
| Earnings Date | Jul 29, 2019 - Aug 2, 2019 |
| Forward Dividend & Yield | 1.52 (3.69%) |
| Ex-Dividend Date | 2019-05-06 |
| 1y Target Est | 44.87 |
- Markit•2 days ago
See what the IHS Markit Score report has to say about FirstEnergy Corp.
FirstEnergy Corp NYSE:FEView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is moderate * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is moderate for FE with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold FE had net inflows of $5.54 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. FE credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•3 days ago
Here's Why You Should Add ALLETE (ALE) to Your Portfolio
ALLETE (ALE) is a promising pick for investors, courtesy of these five factors.
- PR Newswire•5 days ago
FirstEnergy Receives Industry Recognition for Outage Restoration Efforts Following February Wind Storm
AKRON, Ohio, June 12, 2019 /PRNewswire/ -- FirstEnergy Corp. (FE) has earned the Emergency Response Award from the Edison Electric Institute (EEI) for its efforts to restore more than a million customers to service after a several-day wind storm in late February. Winds that reached 70 miles per hour battered the company's six-state service area, from Ohio to New Jersey, and the entire region experienced sustained 40 mile-per-hour winds for a 12 hour period. "FirstEnergy is deserving of this award for its efforts to restore service quickly and safely in the Mid-Atlantic after the wind storm," said EEI President Tom Kuhn.
- Insider Monkey•6 days ago
Hedge Funds Have Never Been This Bullish On FirstEnergy Corp. (FE)
The Insider Monkey team has completed processing the quarterly 13F filings for the March quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
- PR Newswire•7 days ago
Mon Power Hires New Graduates from Power Systems Institute Training Program
FAIRMONT, W.Va. , June 10, 2019 /PRNewswire/ -- Mon Power has hired 28 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next generation of line and ...
- PR Newswire•7 days ago
The Illuminating Company Hires New Graduates from Power Systems Institute Training Program
AKRON, Ohio , June 10, 2019 /PRNewswire/ -- The Illuminating Company has hired 24 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next generation ...
- PR Newswire•7 days ago
Penelec Hires New Graduates from Power Systems Institute Training Program
ERIE, Pa. , June 10, 2019 /PRNewswire/ -- Pennsylvania Electric Company (Penelec) has hired 31 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next ...
- PR Newswire•7 days ago
JCP&L Hires New Graduates from Power Systems Institute Training Programs
MORRISTOWN, N.J. , June 10, 2019 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) has hired 25 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the ...
- PR Newswire•7 days ago
West Penn Power Hires New Graduates from Power Systems Institute Training Program
GREENSBURG, Pa. , June 10, 2019 /PRNewswire/ -- West Penn Power has hired 34 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next generation of line ...
- PR Newswire•7 days ago
Potomac Edison Hires New Graduates from Power Systems Institute Training Program
WILLIAMSPORT, Md. , June 10, 2019 /PRNewswire/ -- Potomac Edison has hired 15 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next generation of ...
- PR Newswire•7 days ago
Met-Ed Hires New Graduates from Power Systems Institute Training Program
READING, Pa. , June 10, 2019 /PRNewswire/ -- Metropolitan Edison Company (Met-Ed) has hired 20 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next ...
- PR Newswire•7 days ago
Ohio Edison, Penn Power Hire New Graduates from Power Systems Institute Training Programs
AKRON, Ohio , June 10, 2019 /PRNewswire/ -- Ohio Edison and Penn Power have hired 34 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next generation ...
- PR Newswire•7 days ago
Toledo Edison Adds New Line and Substation Workers from Power Systems Institute Training Programs
AKRON, Ohio , June 10, 2019 /PRNewswire/ -- Toledo Edison has hired nine new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next generation of line ...
- GuruFocus.com•9 days ago
Weekly Top Insider Buys Highlight for the Week of June 7
The largest Insider Buys this week were for FirstEnergy Corp. (FE), American Airlines Group Inc. (AAL), The Hershey Co. (HSY) and Corteva Inc. (NYSE:CTVA). Director Christopher D. Pappas bought 3,000 shares of FE stock on May 30 at the average price of $41.14. Warning! GuruFocus has detected 8 Warning Signs with FE.
- Zacks•10 days ago
Reasons to Add PNM Resources (PNM) to Your Portfolio Now
PNM Resources (PNM) is a promising pick for investors, courtesy of these four factors.
- PR Newswire•11 days ago
Penelec Celebrates 100th Anniversary of Powering Pennsylvania Communities
READING, Pa., June 6, 2019 /PRNewswire/ -- Tracing its roots to a handful of companies that illuminated downtown streetlights – from dusk until an hour after the saloons closed in some spots – the Pennsylvania Electric Company (Penelec), a FirstEnergy Corp. (FE) utility, marks its 100th anniversary on June 10. "The world has changed immeasurably over the last hundred years, and Penelec has been there each step of the way, delivering safe, reliable electric service to our customers," said Nick Austin, Penelec's regional president.
- InvestorPlace•11 days ago
4 Utility Stocks Hitting New Highs
Wall Street continues to enjoy a rebound from recent lows as the Federal Reserve suddenly sounds a dovish note. This comes after President Donald Trump's deepening trade rift with China and now Mexico cast doubt on the health of the economy. Manufacturing activity is already slumping. Housing and auto sales looks weak.The futures market is already pricing in the odds of multiple interest rates cuts this year, adding to the recession warnings coming out of the bond market. Things aren't looking good.No surprise, then, that investors are focusing on defensive areas of the market, betting these stocks are poised to do best no matter what happens. If a recession does come, dividend-focused stocks like utilities will perform best. If the Fed engineers a recover, defensives will rise alongside the rest of the market.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy That Could Be Takeover Targets If you want to participate, consider these four utility stocks that are rising to new highs: Utility Stocks to Buy: Southern Company (SO)Southern Company (NYSE:SO) is a natural gas and electric utility with operations in Illinois, Georgia, Virginia and Tennessee. It also offers wireless and internet service. Shares pushed to new highs on Wednesday, tagging the $55-a-share level for the first time. The stock offers a juicy 4.5% dividend yield.The company will next report results on Aug. 7 before the bell. Analysts are looking for earnings of 71 cents per share on revenues of $4.9 billion. When the company last reported on May 1, earnings of 70 cents per share missed estimates by two cents on a 15.1% decline in revenues. Consolidated Edison (ED)Shares of Consolidated Edison (NYSE:ED) jumped more than 2% on Wednesday to push above the $89-a-share level for the first time. The company offers electric service primarily into the New York City area and traces its founding all the way back to 1884. The stock offers a 3.3% dividend yield. * The 10 Best Stocks for 2019 -- So Far The company will next report results on Aug. 1 after the close. Analysts are looking for earnings of 61 cents per share on revenues of $2.8 billion. When the company last reported on May 2, earnings of $1.39 per share beat estimates by two cents on more than $3.4 billion in revenues. FirstEnergy (FE)Shares of FirstEnergy (NYSE:FE) are pushing to fresh highs, rising more than 6% from the recent low set in late May. The company operates a diversified network of power generation facilities throughout Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York. The stock pays a 3.5% dividend yield.The company will next report results on July 30 after the close. Analysts are looking for earnings of 62 cents per share on revenues of $2.7 billion. When the company last reported on April 23, earnings of 67 cents missed estimates by a penny. Entergy Corporation (ETR)Shares of Entergy Corporation (NYSE:ETR) have pushed up and over the $100-a-share level, capping a rise of more than 20% from the lows set in early January. The company operates a power generation network in the deep South and pays a 3.6% dividend yield. The stock was recently upgraded by analysts at Morgan Stanley. * 6 Big Dividend Stocks to Buy as Yields Plunge The company will next report results on July 31 before the bell. Analysts are looking for earnings of $1.40 per share on revenues of $2.9 billion. When the company last reported on May 1, earnings of 82 cents per share missed estimates by 16 cents on nearly $2.8 billion in revenues.As of this writing, William Roth did not have a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 4 FANG Stocks Won't Be Bitten By Regulation Threats * 10 Stocks to Buy That Could Be Takeover Targets * 4 Big Bank Stocks Rebounding Compare Brokers The post 4 Utility Stocks Hitting New Highs appeared first on InvestorPlace.
- Zacks•11 days ago
Here's Why You Should Add DTE Energy (DTE) to Your Portfolio
DTE Energy (DTE) is a promising pick for investors, courtesy of these four factors.
- PR Newswire•12 days ago
Potomac Edison Customers Can Now Receive $75 to Recycle Old Fridge through 2019
WILLIAMSPORT, Md., June 5, 2019 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (FE), is now offering its Maryland customers even more money back when they recycle their old working refrigerators and freezers. The energy efficiency incentives are available through EmPOWER Maryland programs, which provide customers an opportunity to earn extra money while reducing household energy use. Potomac Edison customers in Maryland can participate by visiting www.energysaveMD.com or calling 888-277-0528 to arrange a home pickup.
- Simply Wall St.•18 days ago
FirstEnergy Corp. (NYSE:FE) Delivered A Better ROE Than Its Industry
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Bloomberg•18 days ago
Trump Campaign Official Lobbies for Ohio Coal, Nuclear Subsidies
Bob Paduchik, who also led the Ohio Trump campaign in 2016, called lawmakers urging them to support the legislation and stressing that the president was behind it as well, according to a person familiar with the conversations. Paduchik’s pitch underscored the thousands of coal and nuclear power plant jobs that could be tied to the legislation and the political risks to Trump in the battleground state if it failed, said the person, who requested anonymity to discuss the matter. Representatives of the White House and the Trump campaign did not immediately respond to requests for comment.
- Reuters•19 days ago
Ohio House passes bill to save nuclear power plants
The Ohio House of Representatives passed a bill on Wednesday that could cost power consumers about $190 million per year to save the state's two nuclear power reactors from early retirement. The bill would also allow solar generation to qualify for clean air credits, sets a cap to prevent windfall profits during times of high power prices and provides financial support for Ohio Valley Electric Corp's (OVEC) coal plants in Ohio and Indiana. The bill, House Bill 6, now goes to the state Senate.
- PR Newswire•19 days ago
JCP&L Names Three New External Affairs Consultants
MORRISTOWN, N.J., May 29, 2019 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) has named three new external affairs consultants to serve as liaisons with elected officials and to support local community involvement activities.
- Bloomberg•19 days ago
Two Nukes Seeking Bailouts in Ohio Make Millions, Report Says
The costs of running FirstEnergy Solutions’s Davis Besse and Perry plants are almost 25% below the industry average for single-reactor sites, making them some of the best performers in the U.S., a report by Paul Sotkiewicz, former chief economist for the largest U.S. power grid operator, showed. The plants are averaging $28 million and $44 million a year in net profits, respectively, and out-of-market aid would only increase that, said Sotkiewicz, whose analysis was sponsored by the American Petroleum Institute. Ohio’s House of Representatives is set to vote as soon as this week on FirstEnergy’s subsidies.
