FirstEnergy Corp. which can be found using ticker (FE) have now 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 48 and 36 suggesting an average Analsyt target price of $43.50. Now with the previous closing price of $36.78 and the analysts are correct then we can expect a percentage increase in value of 18.3%. The day 50 moving average is $38.72 and the 200 moving average now moves to $39.66. The company has a market cap of 20.79B. The current share price for the company is: 36.3 USD
The potential market cap would be $24,593,209,882 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 51.13, revenue per share of 22.2 and a 2.6% return on assets.
FirstEnergy Corp (FirstEnergy) and its subsidiaries are principally involved in the transmission, distribution, and generation of electricity. The Company operates through two segments: Regulated Distribution and Regulated Transmission segments. The Regulated Distribution distributes electricity through FirstEnergy’s ten utility operating companies, serving customers Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York, and purchases power for its POLR, SOS, SSO and default service requirements in Ohio, Pennsylvania, New Jersey, and Maryland. This segment also controls approximately 3,580 megawatts (MWs) of regulated electric generation capacity located primarily in West Virginia and Virginia. The Regulated Transmission provides transmission infrastructure owned and operated by the Transmission Companies and certain of FirstEnergy’s utilities (JCP&L, MP, PE and WP) to transmit electricity from generation sources to distribution facilities.
