FirstEnergy
FE
Market cap $23B

39.89 USD

-0.19

0.47%

At close Jan 17, 4:00 PM EST

After hours

39.44

-0.45

1.13%

1 day

-0.47%

5 days

2.52%

1 month

0.13%

3 months

-8.28%

6 months

0.99%

Year to date

-0.05%

1 year

6.86%

5 years

-18.69%

10 years

-2.61%

About: 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.

Employees: 12,042

Utilities Electric Services

0

Funds holding %

of 6,823 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

103% more call options, than puts

Call options by funds: $118M | Put options by funds: $58.2M

90% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 58

50% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]

32% more repeat investments, than reductions

Existing positions increased: 290 | Existing positions reduced: 220

14% more capital invested

Capital invested by funds: $18.9B [Q2] → $21.5B (+$2.59B) [Q3]

6% more funds holding

Funds holding: 717 [Q2] → 760 (+43) [Q3]

1.29% less ownership

Funds ownership: 86.04% [Q2] → 84.75% (-1.29%) [Q3]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$47

18%

upside

Avg. target

$49

23%

upside

High target

$50

25%

upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

Scotiabank Andrew Weisel 50% 1-year accuracy 14 / 28 met price target	25%upside $50	Sector Outperform Upgraded	12 Dec 2024
Keybanc Sophie Karp 46% 1-year accuracy 19 / 41 met price target	18%upside $47	Overweight Maintained	4 Dec 2024
Morgan Stanley David Arcaro 74% 1-year accuracy 28 / 38 met price target	25%upside $50	Overweight Maintained	22 Nov 2024

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about FE published over the past 30 days

FirstEnergy: This Utility Is Very Attractively Priced

FirstEnergy Corp. is a major regulated electric utility serving 6 million customers across the Midwest and Mid-Atlantic, with a $47.52 billion enterprise value. Despite a 10.50% stock rise, FirstEnergy underperformed the S&P 500 and U.S. Utilities Index over 14 months, which saw over 30% gains in the same period. FirstEnergy's $26 billion capital spending plan (2024-2028) aims to meet rising electricity demand, especially from AI data centers, promising future revenue growth.

FirstEnergy: This Utility Is Very Attractively Priced

FirstEnergy Electric Companies Offer Tips to Stay Safe and Save Energy During Extreme Cold

AKRON, Ohio , Jan. 17, 2025 /PRNewswire/ -- As frigid weather grips the region, FirstEnergy Corp. (NYSE: FE) electric companies remind customers of steps they can take to stay safe and better manage energy bills that may climb due to the cold weather. Based on current forecasts, all of FirstEnergy's six-state footprint will be affected by the cold snap, with sub-zero temperatures likely to arrive early next week and lasting several days.

FirstEnergy Electric Companies Offer Tips to Stay Safe and Save Energy During Extreme Cold

Power Grid Upgrades Underway to Benefit 4,500 JCP&L Customers in Sussex County

HOLMDEL, N.J. , Jan. 16, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading a northern New Jersey transmission substation to better enhance reliability for customers in Sussex County.

Power Grid Upgrades Underway to Benefit 4,500 JCP&L Customers in Sussex County

JCP&L Invests Nearly $400,000 to Enhance Electric Service in Monmouth County

Projects benefit 4,000+ customers in Neptune Township, Monmouth Beach and Sea Bright HOLMDEL, N.J. , Jan. 16, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is wrapping up the last of a pair of electric system upgrade projects this month in portions of northern and eastern Monmouth County.

JCP&L Invests Nearly $400,000 to Enhance Electric Service in Monmouth County

Zacks Investment Research

FirstEnergy Rides on Growing Regulated Base & Investments

FE's focus on infrastructure upgrades should further boost its service reliability and improve overall performance.

FirstEnergy Rides on Growing Regulated Base & Investments

New Jersey Nonprofits Receive More Than $740,000 From FirstEnergy, FirstEnergy Foundation in 2024

More than 110 grants awarded to nonprofit organizations in JCP&L's service territory HOLMDEL, N.J. , Jan. 7, 2025 /PRNewswire/ -- To bolster the social and economic well-being of the communities served by FirstEnergy Corp. (NYSE: FE) electric company Jersey Central Power & Light (JCP&L), FirstEnergy and the FirstEnergy Foundation have donated more than $740,000 in 2024 to organizations that support a wide array of community-enhancing endeavors.

New Jersey Nonprofits Receive More Than $740,000 From FirstEnergy, FirstEnergy Foundation in 2024

Zacks Investment Research

FirstEnergy PA Gets Approval for Infrastructure Improvement Plans

FE Pennsylvania receives approval to implement phase three of its LTIIP. It will focus on improving service reliability through grid modernization and system resiliency.

FirstEnergy PA Gets Approval for Infrastructure Improvement Plans

FirstEnergy Transmission, LLC Announces Launch of Exchange Offer for Its 4.550% Senior Notes Due 2030 and 5.000% Senior Notes Due 2035

FAIRMONT, W.Va. , Dec. 23, 2024 /PRNewswire/ -- FirstEnergy Transmission, LLC ("FET" or the "Company"), a subsidiary of FirstEnergy Corp. and a holding company of electric transmission companies operating in Ohio, Pennsylvania, West Virginia, Maryland and Virginia, today announced an offer to exchange (i) up to $400 million aggregate principal amount of its outstanding 4.550% Senior Notes due 2030 (the "Outstanding 2030 Notes") for an equal amount of 4.550% Senior Notes due 2030 registered under the Securities Act of 1933, as amended (the "Securities Act") (the "New 2030 Notes") and (ii) up to $400 million aggregate principal amount of its outstanding 5.000% Senior Notes due 2035 (the "Outstanding 2035 Notes" and together with the Outstanding 2030 Notes, the "Outstanding Notes") for an equal amount of 5.000% Senior Notes due 2035 registered under the Securities Act (the "New 2035 Notes" and together with the New 2030 Notes, the "New Notes").

FirstEnergy Transmission, LLC Announces Launch of Exchange Offer for Its 4.550% Senior Notes Due 2030 and 5.000% Senior Notes Due 2035

FirstEnergy Names Three to Vice President Roles

Leaders selected to oversee Finance and Regulatory for Pennsylvania and New Jersey; Construction and Design Services AKRON, Ohio , Dec. 20, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced it has hired Kelly Gower as Vice President, Finance and Regulatory for Pennsylvania and Teresa Reed as Vice President, Finance and Regulatory for New Jersey. In addition, Jeremy W.

FirstEnergy Names Three to Vice President Roles

FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans

Work to enhance smart grid across Pennsylvania will continue through 2029 GREENSBURG, Pa. , Dec. 19, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power, has received approval from the Pennsylvania Public Utility Commission (PaPUC) to implement phase three of its Long-Term Infrastructure Improvement Plans (LTIIP III) to help ensure continued electric service reliability for more than two million Pennsylvania customers.

FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans

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