FirstEnergy Corp. (NYSE:FE)

FirstEnergy Corp. FE

Utilities - Regulated Electric - NYSE - US

Watchlist

$ 41.51

1.67 %

$ 23.9 B

Market Cap

26.78

P/E

1. INTRINSIC VALUE

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.[ Read More ]

The intrinsic value of one FE stock under the base case scenario is HIDDEN Compared to the current market price of 41.5 USD, FirstEnergy Corp. is HIDDEN

FE Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart FE

FINANCIALS

Annual
Quarterly

12.9 B REVENUE

Growth Rates

1Year 3.30%

3Years 6.05%

5Years 2.71%

7Years -1.75%

10Years -1.47%

2.27 B OPERATING INCOME

Growth Rates

1Year -13.61%

3Years 1.58%

5Years -1.96%

7Years 12.45%

10Years 3.50%

1.18 B NET INCOME

Growth Rates

1Year 167.88%

3Years 2.91%

5Years -2.69%

7Years 11.85%

10Years 12.11%

1.39 B OPERATING CASH FLOW

Growth Rates

1Year -48.30%

3Years -0.85%

5Years -0.33%

7Years -11.91%

10Years -6.31%

-3.65 B INVESTING CASH FLOW

Growth Rates

1Year -18.73%

3Years -7.89%

5Years -3.89%

7Years -1.54%

10Years -1.68%

2.24 B FINANCING CASH FLOW

Growth Rates

1Year 345.39%

3Years -4.96%

5Years 9.93%

7Years 94.08%

10Years 16.72%

3.73 B REVENUE

Growth Rates

1Year 3.30%

3Years 6.05%

5Years 2.71%

7Years -1.75%

10Years -1.47%

727 M OPERATING INCOME

Growth Rates

1Year -13.61%

3Years 1.58%

5Years -1.96%

7Years 12.45%

10Years 3.50%

466 M NET INCOME

Growth Rates

1Year 167.88%

3Years 2.91%

5Years -2.69%

7Years 11.85%

10Years 12.11%

775 M OPERATING CASH FLOW

Growth Rates

1Year -48.30%

3Years -0.85%

5Years -0.33%

7Years -11.91%

10Years -6.31%

-1.08 B INVESTING CASH FLOW

Growth Rates

1Year -18.73%

3Years -7.89%

5Years -3.89%

7Years -1.54%

10Years -1.68%

-492 M FINANCING CASH FLOW

Growth Rates

1Year 345.39%

3Years -4.96%

5Years 9.93%

7Years 94.08%

10Years 16.72%

Balance Sheet Decomposition FirstEnergy Corp.

48.8 B ASSETS
37.9 B LIABILITIES

Current Assets	2.57 B
Cash & Short-Term Investments	137 M
Receivables	1.58 B
Other Current Assets	847 M
Non-Current Assets	46.2 B
Long-Term Investments	663 M
PP&E	38.4 B
Other Non-Current Assets	7.09 B

Current Liabilities	5.39 B
Accounts Payable	1.36 B
Short-Term Debt	2.02 B
Other Current Liabilities	2 B
Non-Current Liabilities	32.5 B
Long-Term Debt	23.1 B
Other Non-Current Liabilities	9.39 B

EFFICIENCY

Earnings Waterfall FirstEnergy Corp.

Revenue	12.9 B
Cost Of Revenue	4.65 B
Gross Profit	8.22 B
Operating Expenses	1.16 B
Operating Income	2.27 B
Other Expenses	1.09 B
Net Income	1.18 B

RATIOS

63.90% GROSS MARGIN

Averages

1Year 63.90%

3Years 65.36%

5Years 67.32%

7Years 67.37%

10Years 64.64%

17.61% OPERATING MARGIN

Averages

1Year 17.61%

3Years 21.11%

5Years 21.22%

7Years 18.51%

10Years 9.51%

8.56% NET MARGIN

Averages

1Year 8.56%

3Years 7.78%

5Years 8.32%

7Years 5.90%

10Years 0.47%

10.56% ROE

Averages

1Year 10.56%

3Years 9.78%

5Years 11.47%

7Years 4.74%

10Years -5.87%

2.26% ROA

Averages

1Year 2.26%

3Years 1.99%

5Years 2.11%

7Years 1.40%

10Years -0.28%

5.24% ROIC

Averages

1Year 5.24%

3Years 4.82%

5Years 5.56%

7Years 5.11%

10Years 2.47%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis FirstEnergy Corp.

Net Income	1.18 B
Depreciation & Amortization	1.28 B
Capital Expenditures	-3.36 B
Stock-Based Compensation	0
Change in Working Capital	-395 M
Others	-1.08 B
Free Cash Flow	-1.97 B

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets FirstEnergy Corp.

Wall Street analysts predict an average 1-year price target for FE of $45.6 , with forecasts ranging from a low of $40 to a high of $51 .

FE Lowest Price Target Wall Street Target

40 USD -3.64%

FE Average Price Target Wall Street Target

45.6 USD 9.85%

FE Highest Price Target Wall Street Target

51 USD 22.86%

4. DIVIDEND ANALYSIS

0.96% DIVIDEND YIELD

0.425 USD DIVIDEND PER SHARE

5. COMPETITION

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments.

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CNP

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Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona.

75.3 USD

PNW

Overvalued 18.05%

Edison International, through its subsidiaries, generates and distributes electric power. It delivers electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California.

63 USD

EIX

Overvalued 24.73%

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States.

-74.3 USD

PEG

Overvalued 183.48%

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States.

-0.000141 USD

AEP

Overvalued 100.00%

Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities.

115 USD

ETR

Overvalued 22.72%

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments.

67.4 USD

Overvalued 23.33%

Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments.

69 USD

XEL

Overvalued 0.67%

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables.

97.5 USD

DUK

Overvalued 13.07%

Dominion Energy, Inc. produces and distributes energy in the United States. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets.

59.9 USD

Undervalued 3.92%

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,555 customers in parts of Manhattan.

97 USD

Undervalued 0.53%

Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada.

39.9 USD

EXC

Undervalued 2.04%

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan.

113 USD

DTE

Overvalued 5.78%

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other.

45.7 USD

LNT

Overvalued 25.09%

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission.

86.8 USD

AEE

Overvalued 4.85%

6. Ownership

Insider Ownership FirstEnergy Corp.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

470 K USD 1

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
11 months ago Nov 27, 2023	Sell 470 K USD	Walker Christine SVP, CHRO & Corporate Services	- 12500	37.5825 USD
5 years ago May 30, 2019	Bought 4.11 K USD	Pappas Christopher D Director	+ 100	41.13 USD
5 years ago May 30, 2019	Bought 119 K USD	Pappas Christopher D Director	+ 2900	41.14 USD
5 years ago Mar 11, 2019	Sell 1.01 M USD	VESPOLI LEILA L EVP & Chief Legal Officer	- 24400	41.3317 USD

7. News

FirstEnergy Awarded $50 Million Smart Grid Grant by U.S. Department of Energy Projects to enhance reliability for more than 53,000 customers in West Virginia and Maryland FAIRMONT, W.Va. , Nov. 14, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has been awarded $50 million in federal funding by the U.S. Department of Energy's Grid Deployment Office for projects that will enhance electric service reliability for more than 53,000 Mon Power and Potomac Edison customers in West Virginia and Maryland. prnewswire.com - 2 days ago

JCP&L Moving Power Lines Underground in Portions of Somerset County Grid upgrades will also relocate lines away from hard-to-access railroad tracks HOLMDEL, N.J. , Nov. 13, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is relocating and upgrading power lines in portions of Bernardsville, Somerset County, to enhance electric service for customers in Bernardsville and nearby towns. prnewswire.com - 3 days ago

FirstEnergy Earns Multiple Military Friendly® Company Awards Honor from national military support organization recognizes workplace and supplier diversity opportunities for veterans and their families AKRON, Ohio , Nov. 12, 2024 /PRNewswire/ -- For the ninth time in the past 10 years, FirstEnergy Corp. (NYSE: FE) has been designated a Military Friendly® Company by Military Friendly, a national organization supporting the U.S. military and its veterans. The recognition is one of four awards FirstEnergy earned this year from Military Friendly, which were announced on Veteran's Day. prnewswire.com - 4 days ago

FirstEnergy Names Karen Sagot Vice President, Investor Relations, and Sean Davies Vice President, Continuous Improvement Sagot brings two decades of finance and utility experience; Davies brings three decades of experience driving operational excellence and enterprise transformation AKRON, Ohio , Nov. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Karen Sagot has been named Vice President, Investor Relations, effective Nov. 10, and Sean Davies has been named Vice President, Continuous Improvement, effective Nov. 18. As Vice President of Investor Relations, Sagot will lead and execute FirstEnergy's investor relations strategy, promote its financial and strategic vision and oversee communications with the company's investors. prnewswire.com - 1 week ago

JCP&L Expanding Energy Efficiency Offerings New and expanded programs designed to meet increased energy savings targets HOLMDEL, N.J. , Oct. 31, 2024 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has obtained approval from the New Jersey Board of Public Utilities (BPU) to expand its energy efficiency programs. prnewswire.com - 2 weeks ago

FirstEnergy Corp. (FE) Q3 2024 Earnings Call Transcript FirstEnergy Corp. (NYSE:FE ) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Gina Caskey - Director, Investor Relations & Corporate Responsibility Brian Tierney - President and Chief Executive Officer Jon Taylor - Senior Vice President, Chief Financial Officer and Strategy Conference Call Participants Shahriar Pourreza - Guggenheim Securities Nick Campanella - Barclays David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Michael Lonegan - Evercore ISI Anthony Crowdell - Mizuho Securities Angie Storozynski - Seaport Global Paul Patterson - Glenrock Associates Sophie Karp - KeyBanc Capital Markets Andrew Weisel - Scotia Howard Weil Paul Fremont - Ladenburg Thalmann Operator Hello, and welcome to the FirstEnergy Corp. Third Quarter 2024 Earnings Conference Call. As a reminder, this conference is being recorded. seekingalpha.com - 2 weeks ago

FirstEnergy Misses on Q3 Earnings and Sales, Lowers '24 EPS View FE third-quarter earnings and revenues lag estimates due to higher storm restoration costs. The company will maintain its five-year capital expenditure plan. zacks.com - 2 weeks ago

FirstEnergy (FE) Lags Q3 Earnings and Revenue Estimates FirstEnergy (FE) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.88 per share a year ago. zacks.com - 2 weeks ago

FirstEnergy misses quarterly profit estimates, narrows forecast Utility firm FirstEnergy missed third-quarter profit estimates on Tuesday, hurt by higher storm restoration expenses and lower tax benefits. reuters.com - 2 weeks ago

FirstEnergy's Ohio Electric Companies File to Withdraw Electric Security Plan If approved by PUCO, companies would revert to a previous rate plan AKRON, Ohio , Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) Ohio electric companies – Ohio Edison, The Illuminating Company, and Toledo Edison – have filed a notice with the Public Utilities Commission of Ohio (PUCO) to withdraw their current Electric Security Plan (ESP) 5, which took effect on June 1. If approved by the PUCO, the companies would revert to their prior ESP4, which was in effect through May 31, 2024. prnewswire.com - 2 weeks ago

FirstEnergy Announces Third Quarter 2024 Financial Results Reports third quarter 2024 GAAP earnings from continuing operations of $0.73 per share and operating (non-GAAP) earnings of $0.85 per share, within guidance range Narrows full-year 2024 operating (non-GAAP) earnings guidance to $2.61 to $2.71 per share Increases 2024 capital investment plan from $4.3 billion to $4.6 billion, an increase of approximately 7%, and 24% higher than 2023 Affirms targeted 6-8% long-term annual operating earnings growth AKRON, Ohio , Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported third quarter 2024 GAAP earnings from continuing operations of $419 million, or $0 .73 per basic and diluted share, on revenue of $3.7 billion. This compares to third quarter 2023 GAAP earnings from continuing operations of $421 million, or $0.74 per basic share ($0.73 diluted), on revenue of $3.5 billion. prnewswire.com - 2 weeks ago

FirstEnergy Names Karen McClendon Senior Vice President and Chief Human Resources Officer AKRON, Ohio , Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Karen McClendon has been named Senior Vice President and Chief Human Resources Officer (CHRO), effective Nov. 11. In this role, McClendon will spearhead efforts to integrate and advance the company's human capital strategy, ensuring alignment with the strategic vision to establish FirstEnergy as a premier electric company. prnewswire.com - 2 weeks ago

8. Profile Summary

FirstEnergy Corp. FE

COUNTRY US

INDUSTRY Regulated Electric

MARKET CAP $ 23.9 B

Dividend Yield 0.96%

Description FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.

Contact 76 South Main Street, Akron, OH, 44308 https://www.firstenergycorp.com

IPO Date Nov. 10, 1997

Employees 12042

Officers Mr. K. Jon Taylor Senior Vice President of Strategy & Chief Financial Officer Mr. Jason J. Lisowski Vice President, Controller & Chief Accounting Officer Mr. Antonio Fernandez Vice President and Chief Ethics & Compliance Officer Mr. Brian X. Tierney Chief Executive Officer, President & Director Mr. Hyun Park Senior Vice President & Chief Legal Officer Ms. Gretchan Sekulich Vice President of Communications & Marketing Mr. Ernest N. Maley Vice President & Chief Information Officer Mr. Allan Wade Smith President of FirstEnergy Utilities Mr. Toby L. Thomas Chief Operating Officer

Price Chart FE

FirstEnergy Corp. FE

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