FirstEnergy Corp. which can be found using ticker (FE) have now 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $47.00 and $35.00 calculating the mean target price we have $41.54. Given that the stocks previous close was at $39.94 and the analysts are correct then we can expect a percentage increase in value of 4.0%. The 50 day MA is $38.28 and the 200 moving average now moves to $36.94. The total market capitalization for the company now stands at 22.84B. The stock price for the company is currently $39.69 USD
The potential market cap would be $23,757,292,608 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 21, revenue per share of $22.22 and a 2.78% 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.
