37.05 +0.25 (0.69%)
After hours: 4:21PM EDT
|Bid||0.00 x 900|
|Ask||0.00 x 4000|
|Day's Range||36.56 - 37.94|
|52 Week Range||29.34 - 38.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||1.44 (3.81%)|
|1y Target Est||39.17|
AKRON, Ohio , Sept. 19, 2018 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Leslie M. Turner has been elected to the company's Board of Directors. Turner, 60, retired earlier this year ...
These utility stocks have offered higher returns than the industry in the past six months and have a higher dividend yield than the S&P 500.
CenterPoint Energy (CNP) looks promising and is likely to reward investors with better returns, courtesy of these four factors.
Almost all utility stocks currently offer unattractive upside potentials due to their recent rallies. Among the S&P 500 utilities, PG&E Corporation (PCG) has a relatively handsome upside potential of almost 12% over the next 12 months. Wall Street analysts have given it a median price target of $51.7 compared to its current market price of $46.3.
Among the largest utilities by market cap, NextEra Energy (NEE), the biggest constituent of the Utilities Select Sector SPDR ETF (XLU), has rallied more than 11% so far this year, outperforming utilities on the whole. NextEra Energy’s superior earnings and dividend growth are some of the factors that differentiate it from its peers. To learn how top utility stocks performed this year and how they seem positioned going forward, read How the Big Utilities Are Placed for the Future.
AKRON, Ohio, Sept. 11, 2018 /PRNewswire/ -- FirstEnergy Corp. (FE) utility personnel are prepared to respond quickly should Hurricane Florence impact the areas where the company provides electric service.
The recent agreement with FirstEnergy Solutions allows FirstEnergy FE to avoid years of litigation separating itself from its bankrupt merchant unit. FirstEnergy can now focus on accelerating investments in its wide- and narrow-moat businesses (now 90% of earnings) that should result in strong earnings growth and put it in position to begin increasing its common dividend. Because of these factors, we think FirstEnergy should trade more in line with its regulated utility peers with economic moats.
MORRISTOWN, N.J. , Sept. 6, 2018 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) is teaming with local community organizations to hold Energy Assistance Days where customers can sign up for special ...
COLUMBUS, Ohio (AP) — An Ohio-based energy company said Wednesday it is closing its last coal-fired power plants in Ohio and Pennsylvania, a move decried by the coal industry and called inevitable by environmentalists.
The deal gained support from key participants in the bankruptcy case involving FirstEnergy Solutions, or FES. FES itself and a group of unsecured creditors both signed off on the deal, a preliminary version of which was announced in late July, according to FirstEnergy. “From our standpoint, this is a very positive development for FirstEnergy Corp.,” said a spokeswoman for the Akron, Ohio-based company.
Agreement Represents Milestone in FirstEnergy's Transformation AKRON, Ohio , Aug. 27, 2018 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that it has entered into a definitive settlement ...
FirstEnergy's (FE) subsidiary, Potomac Edison, files first rate hike in about 25 years to Maryland Public Service Commission.
WILLIAMSPORT, Md., Aug. 24, 2018 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (FE), today filed a comprehensive base rate case with the Public Service Commission of Maryland that contains new initiatives for the company to install more automated distribution equipment, replace additional aging underground electric cable, and trim trees more frequently to enhance service reliability for its 265,000 Maryland customers. It is the first base rate case Potomac Edison has filed in Maryland in nearly 25 years. Potomac Edison has invested hundreds of millions of dollars in recent years to trim trees and complete projects designed to enhance service reliability, grid flexibility and modernization, and those efforts have benefitted customers. Potomac Edison's Maryland customers experienced about 23 percent fewer outages in 2017 than they did in 2011, and when they experienced outages, those service interruptions were about 14 percent shorter in duration.
Over the last month, growth of ETFs holding FE is favorable, with net inflows of $13.09 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.