FE Stock Analysis: FirstEnergy | NYSE

Utilities - Regulated Electric | NYSE, USA | Market Cap: 28.071m USD | 12M Return: 24.6% | Charts, Fundamentals & Technical Analysis

Electricity Generation, Power Distribution, Power Transmission, Renewable Energy
Total Rating 45
Safety 48
Buy Signal -0.41
Utilities - Regulated Electric
Industry Rotation: +4.0
Market Cap: 28.1B
Avg Turnover: 197M
Risk 3d forecast
Volatility19.2%
VaR 5th Pctl3.48%
VaR vs Median10.2%
Reward TTM
Sharpe Ratio1.22
Rel. Str. IBD37.7
Rel. Str. Peer Group39.8
Character TTM
Beta-0.120
Beta Downside-0.171
Hurst Exponent0.557
Drawdowns 3y
Max DD17.82%
CAGR/Max DD0.68
CAGR/Mean DD2.53
EPS (Earnings per Share) EPS (Earnings per Share) of FE over the last years for every Quarter: "2021-06": 0.59, "2021-09": 0.85, "2021-12": 0.51, "2022-03": 0.6, "2022-06": 0.53, "2022-09": 0.79, "2022-12": 0.5, "2023-03": 0.6, "2023-06": 0.47, "2023-09": 0.88, "2023-12": 0.62, "2024-03": 0.55, "2024-06": 0.56, "2024-09": 0.85, "2024-12": 0.67, "2025-03": 0.67, "2025-06": 0.52, "2025-09": 0.83, "2025-12": 0.52, "2026-03": 0.72,
EPS CAGR: 3.13%
EPS Trend: 65.0%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of FE over the last years for every Quarter: 2021-06: 2622, 2021-09: 3124, 2021-12: 2660, 2022-03: 2989, 2022-06: 2818, 2022-09: 3475, 2022-12: 3177, 2023-03: 3231, 2023-06: 3006, 2023-09: 3487, 2023-12: 3146, 2024-03: 3287, 2024-06: 3280, 2024-09: 3729, 2024-12: 3176, 2025-03: 3765, 2025-06: 3380, 2025-09: 4148, 2025-12: 3797, 2026-03: 4202,
Rev. CAGR: 7.04%
Rev. Trend: 95.2%
Last SUE: 1.12
Qual. Beats: 3

Warnings

Altman Z'' In Financial Distress Zone

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +0.3% 11
Feb +0.1% 0
Mar +2.7% 32
Apr -0.8% 26
May -0.9% 28
Jun -1.2% 2
Jul +1.0% 33
Aug +2.7% 7
Sep -3.2% 26
Oct +1.5% 9
Nov +1.8% 23
Dec -0.5% 18

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: FE FirstEnergy

FirstEnergy Corp. (FE) is a U.S. electric utility headquartered in Akron, Ohio, operating across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. The company is vertically integrated, with three reporting segments covering regulated distribution, integrated operations, and stand-alone transmission. Its generation portfolio is diversified across coal, nuclear, hydroelectric, wind, and solar facilities, and its network spans tens of thousands of miles of distribution and transmission lines. As a regulated electric utility operating in designated service territories, FirstEnergys earnings are largely shaped by state-level rate cases and allowed returns approved by public utility commissions.

Headlines to Watch Out For
  • Ohio PUCO rate case rulings shape distribution segment earnings
  • Transmission rate base expands with multi-billion grid modernization capex
  • Federal interest rate movements pressure utility sector valuations
Piotroski VR-10 (Strict) 3.0
Net Income: 1.06b TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA 4.44 > 1.0
NWC/Revenue: -17.99% < 20% (prev -29.78%; Δ 11.80% < -1%)
CFO/TA 0.06 > 3% & CFO 3.21b > Net Income 1.06b
Net Debt (28.0b) to EBITDA (4.48b): 6.24 < 3
Current Ratio: 0.52 > 1.5 & < 3
Outstanding Shares: last quarter (580.0m) vs 12m ago 0.35% < -2%
Gross Margin: 53.77% > 18% (prev 67.94%; Δ -14.17% > 0.5%)
Asset Turnover: 28.31% > 50% (prev 26.43%; Δ 1.88% > 0%)
Interest Coverage Ratio: 2.51 > 6 (EBIT TTM 2.92b / Interest Expense TTM 1.16b)
Altman Z'' 0.36
A: -0.05 (Total Current Assets 3.05b - Total Current Liabilities 5.84b) / Total Assets 56.9b
B: 0.00 (Retained Earnings 171.0m / Total Assets 56.9b)
C: 0.05 (EBIT TTM 2.92b / Avg Total Assets 54.8b)
D: 0.30 (Book Value of Equity 12.7b / Total Liabilities 42.8b)
Altman-Z'' = 0.36 = B
Beneish M -2.77
DSRI: 0.94 (Receivables 1.97b/1.89b, Revenue 15.5b/13.9b)
GMI: 1.26 (GM 67.94% / 53.77%)
AQI: 0.99 (AQ_t 0.15 / AQ_t-1 0.15)
SGI: 1.11 (Revenue 15.5b / 13.9b)
TATA: -0.04 (NI 1.06b - CFO 3.21b) / TA 56.9b)
Beneish M = -2.77 (Cap -4..+1) = A
What is the price of FE shares?

As of July 07, 2026, the stock is trading at USD 47.71 with a total of 1,943,555 shares traded. Over the past week, the price has changed by -1.57%, over one month by +4.38%, over three months by -5.52% and over the past year by +24.62%.

Current recommended Stop Loss: 46.40 (which is 2.7% or 1.5 ATR below the current price).

Is FE a buy, sell or hold?

FirstEnergy has received a consensus analysts rating of 3.61. Therefore, it is recommended to hold FE.

  • StrongBuy: 4
  • Buy: 3
  • Hold: 11
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the FE price?
Analysts Target Price 52.2 9.5%
FirstEnergy (FE) - Fundamental Data Overview as of 06 July 2026
Market Cap USD = 28.1b (28.1b USD * 1.0 USD.USD)
P/E Trailing = 26.375
P/E Forward = 17.6056
P/S = 1.8302
P/B = 2.2184
P/EG = 1.727
Revenue TTM = 15.5b USD
EBIT TTM = 2.92b USD
EBITDA TTM = 4.48b USD
Long Term Debt = 26.3b USD (from longTermDebt, last quarter)
Short Term Debt = 1.73b USD (from shortTermDebt, last quarter)
Debt = 28.1b USD (from shortLongTermDebtTotal, last quarter) + Leases 6.00m
Net Debt = 28.0b USD (calculated: Debt 28.1b - CCE 80.0m)
Enterprise Value = 56.1b USD (28.1b + Debt 28.1b - CCE 80.0m)
Interest Coverage Ratio = 2.51 (Ebit TTM 2.92b / Interest Expense TTM 1.16b)
EV/FCF = 31.23x (Enterprise Value 56.1b / FCF TTM 1.79b)
FCF Yield = 3.20% (FCF TTM 1.79b / Enterprise Value 56.1b)
FCF Margin = 11.56% (FCF TTM 1.79b / Revenue TTM 15.5b)
Net Margin = 6.86% (Net Income TTM 1.06b / Revenue TTM 15.5b)
Gross Margin = 53.77% ((Revenue TTM 15.5b - Cost of Revenue TTM 7.18b) / Revenue TTM)
Gross Margin QoQ = 62.16% (prev 25.68%)
Tobins Q-Ratio = 0.98 (Enterprise Value 56.1b / Total Assets 56.9b)
Interest Expense / Debt = 4.14% (Interest Expense 1.16b / Debt 28.1b)
Taxrate = 18.48% (300.0m / 1.62b)
NOPAT = 2.38b (EBIT 2.92b * (1 - 18.48%))
Current Ratio = 0.52 (Total Current Assets 3.05b / Total Current Liabilities 5.84b)
Debt / Equity = 2.22 (Debt 28.1b / totalStockholderEquity, last quarter 12.7b)
Debt / EBITDA = 6.24 (Net Debt 28.0b / EBITDA 4.48b)
Debt / FCF = 15.59 (Net Debt 28.0b / FCF TTM 1.79b)
Total Stockholder Equity = 12.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.94% (Net Income 1.06b / Total Assets 56.9b)
RoE = 8.38% (Net Income TTM 1.06b / Total Stockholder Equity 12.7b)
RoCE = 7.48% (EBIT 2.92b / Capital Employed (Equity 12.7b + L.T.Debt 26.3b))
RoIC = 4.51% (NOPAT 2.38b / Invested Capital 52.7b)
WACC = 4.47% (E(28.1b)/V(56.1b) * Re(5.56%) + D(28.1b)/V(56.1b) * Rd(4.14%) * (1-Tc(0.18)))
Discount Rate = 5.56% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 84.85 | Cagr: 0.44%
[DCF] Terminal Value 75.44% ; FCFF base≈1.79b ; Y1≈1.80b ; Y5≈1.91b
[DCF] Fair Price = 2.96 (EV 29.7b - Net Debt 28.0b = Equity 1.71b / Shares 578.4m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 64.95 | EPS CAGR: 3.13% | SUE: 0.0 | # QB: 0
Revenue Correlation: 95.23 | Revenue CAGR: 7.04% | SUE: 1.12 | # QB: 3
EPS current Quarter (2026-06-30): EPS=0.59 | Chg30d=+0.00% | Revisions=+38% | Analysts=8
EPS next Quarter (2026-09-30): EPS=0.89 | Chg30d=+0.70% | Revisions=+38% | Analysts=8
EPS current Year (2026-12-31): EPS=2.73 | Chg30d=+0.00% | Revisions=+22% | GrowthEPS=+7.2% | GrowthRev=+4.9%
EPS next Year (2027-12-31): EPS=2.95 | Chg30d=+0.00% | Revisions=-22% | GrowthEPS=+7.8% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: +24% (up=14, down=8)