Northeast Ohio Electric Grid Stronger and More Resilient Following Power Line Enhancements
PRNewswire (Thu, 28-Mar 10:03 AM ET)
FirstEnergy Expands Partnership with Brookfield, Adjusts Control
TipRanks (Mon, 25-Mar 4:52 PM ET)
FirstEnergy Closes on $3.5 Billion FirstEnergy Transmission, LLC 30% Interest Sale
PRNewswire (Mon, 25-Mar 4:20 PM ET)
FirstEnergy Named Top 50 Diversity Employer by Minority Engineer Magazine
PRNewswire (Wed, 20-Mar 1:12 PM ET)
FirstEnergy Corp. Declares Increased Common Stock Dividend of $0.425 Per Share
PRNewswire (Wed, 20-Mar 12:40 PM ET)
Construction is Underway on Second Utility-Grade Solar Site in West Virginia
PRNewswire (Tue, 19-Mar 12:31 PM ET)
FirstEnergy's Impactful Recycling Initiatives Highlighted on Global Recycling Day
PRNewswire (Mon, 18-Mar 12:00 PM ET)
Electric Grid Upgrades Underway in Lorain County
PRNewswire (Thu, 14-Mar 2:12 PM ET)
Business Wire (Thu, 7-Mar 8:30 AM ET)
Work Underway to Upgrade Electric System in Western Pennsylvania
PRNewswire (Mon, 26-Feb 3:30 PM ET)
FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.
Firstenergy Corp. trades on the NYSE stock market under the symbol FE.
As of March 28, 2024, FE stock price climbed to $38.58 with 1,019,287 million shares trading.
FE has a beta of 0.49, meaning it tends to be less sensitive to market movements. FE has a correlation of 0.10 to the broad based SPY ETF.
FE has a market cap of $22.16 billion. This is considered a Large Cap stock.
Last quarter Firstenergy Corp. reported $3 billion in Revenue and $.62 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.03.
In the last 3 years, FE stock traded as high as $48.85 and as low as $32.18.
The top ETF exchange traded funds that FE belongs to (by Net Assets): VTI, VOO, VO, XLU, SPY.
FE has underperformed the market in the last year with a price return of +2.9% while the SPY ETF gained +33.7%. FE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +7.4% and +1.3%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
FE support price is $38.03 and resistance is $38.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FE stock will trade within this expected range on the day.