FirstEnergy Corp. (FE) is currently priced at $49.86, up by 41.5 cents, a 0.839% increase from the previous close of $49.45. With a trading volume of $458,068, which is 9.87% above the average, the stock is showing promising activity today.
FE's latest quarterly earnings report was released on Monday, April 27th, with a consensus estimate EPS of 0.72.
The company offers a forward dividend yield of 3.73%, with a dividend per share MRQ of 44.5 cents and a TTM dividend per share of $1.8.
Jefferies maintained a "Hold" rating for FE on April 21, with the price at $49.
FE reported a net change in cash of -$1.33 billion, with operating cash flow at $1.14 billion and debt repayment of $916 million.
The company generated revenue of $3.80 billion, resulting in a gross profit of $975 million. However, net income was -$49 million, translating to an EPS of -8.48 cents.
Key ratios include a net profit margin of -1.29%, return on equity of -0.39, and a debt-equity ratio of 216.39.
FE's total assets amount to $55.90 billion, with total liabilities at $41.98 billion, and a net debt of $26.97 billion.
This comprehensive financial snapshot of FirstEnergy Corp. (FE) showcases its recent performance and financial health.
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.