FirstEnergy Corp. (FE)Utilities | Utilities - Regulated Electric | Akron, United States | NYSE
48.43 USD
+0.51
(1.064%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 48.54 +0.11 (0.226%) ⇧ (July 13, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:50 a.m. EDT
FirstEnergy presents a classic defensive utility profile with a massive dividend yield of nearly 4%, but the sustainability of that payout is precarious given the company's 97% payout ratio and negative free cash flow. While the business generates solid operating cash, the reliance on debt servicing and capital expenditures leaves little room for error in maintaining the dividend. Fundamentally, the stock is trading at a premium to its historical averages despite sluggish growth, and the lack of significant price appreciation over the last decade suggests the market views the current valuation as fair rather than cheap. The recent price action shows some resilience, holding above key moving averages, yet the statistical forecast models detect a slight downward bias, hinting at potential near-term pressure. For investors, this is a hold for income only if the payout can be maintained, but the balance sheet constraints and lack of growth momentum prevent a higher rating. |
| Model | MAE |
|---|---|
| MSTL_97 ✓ | 0.070511 |
| MSTL_74_97 | 0.074269 |
| MSTL | 0.083265 |
| AutoARIMA | 0.083704 |
| AutoETS | 0.083704 |
| AutoTheta | 0.085477 |
| MSTL_74 | 0.086343 |
Forecast horizon: 60 days | Selected: MSTL_97
| Forecast Reliability | |
|---|---|
| Score | 59% |
| H-stat | 0.84 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.823 |
| Excess Kurtosis | -0.35 |
| Attribute | Value |
|---|---|
| Sector | Utilities |
| Ex Dividend Date | 2026-05-06 |
| Last Dividend Date | 2026-05-06 |
| Debt to Equity Ratio | 198.922 |
| Revenue per Share | 26.571 |
| Market Cap | 28,013,422,592 |
| Trailing P/E | 26.32 |
| Forward P/E | 16.43 |
| Beta | 0.45 |
| Profit Margins | 6.94% |
| Website | https://www.firstenergycorp.com |
As of July 11, 2026, 5:50 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume at strikes significantly below the current price (e.g., $33, $40, $44), suggesting a fear of a sharp downside event or regulatory shock. Conversely, call interest is concentrated near the money ($47-$48) and at distant strikes ($55), indicating a preference for income or a speculative bet on a recovery rather than a confident near-term breakout. Implied volatility is elevated on deep OTM puts, reflecting anxiety about tail risk.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.03% | 3.98% | 4.19% | 4.10% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-05-07 | 0.465 | 1.029444 |
| 2026-02-06 | 0.445 | 0.954321 |
| 2025-11-07 | 0.445 | 0.969499 |
| 2025-08-07 | 0.445 | 1.024402 |
| 2025-05-07 | 0.445 | 1.036088 |
| 2025-02-07 | 0.425 | 1.058267 |
| 2024-11-07 | 0.425 | 1.030803 |
| 2024-08-07 | 0.425 | 1.014078 |
| 2024-05-06 | 0.425 | 1.091142 |
| 2024-02-06 | 0.410 | 1.144932 |
| 2023-11-06 | 0.410 | 1.139839 |
| 2023-08-04 | 0.390 | 1.074380 |
| 2023-05-04 | 0.390 | 1.002313 |
| 2023-02-06 | 0.390 | 0.982120 |
| 2022-11-04 | 0.390 | 1.029024 |
| 2022-08-04 | 0.390 | 1.006452 |
| 2022-05-05 | 0.390 | 0.918079 |
| 2022-02-04 | 0.390 | 0.942940 |
| 2021-11-04 | 0.390 | 1.002313 |
| 2021-08-05 | 0.390 | 1.027127 |
| 2021-05-06 | 0.390 | 1.042223 |
| 2021-02-04 | 0.390 | 1.210053 |
| 2020-11-05 | 0.390 | 1.326982 |
| 2020-08-06 | 0.390 | 1.336532 |
| 2020-05-06 | 0.390 | 0.975000 |
| 2020-02-06 | 0.390 | 0.760976 |
| 2019-11-06 | 0.380 | 0.806623 |
| 2019-08-06 | 0.380 | 0.875173 |
| 2019-05-06 | 0.380 | 0.906921 |
| 2019-02-06 | 0.380 | 0.982928 |
| 2018-11-06 | 0.360 | 0.961025 |
| 2018-08-06 | 0.360 | 0.993377 |
| 2018-05-04 | 0.360 | 1.055409 |
| 2018-02-06 | 0.360 | 1.165426 |
| 2017-11-06 | 0.360 | 1.098566 |
| 2017-08-03 | 0.360 | 1.122895 |
| 2017-05-03 | 0.360 | 1.243523 |
| 2017-02-03 | 0.360 | 1.204416 |
| 2016-11-03 | 0.360 | 1.081406 |
| 2016-08-03 | 0.360 | 1.088929 |
| 2016-05-04 | 0.360 | 1.069837 |
| 2016-02-03 | 0.360 | 1.073986 |
| 2015-11-04 | 0.360 | 1.161665 |
| 2015-08-05 | 0.360 | 1.072706 |
| 2015-05-05 | 0.360 | 1.019541 |
| 2015-02-04 | 0.360 | 0.896414 |
| 2014-11-05 | 0.360 | 0.970350 |
| 2014-08-05 | 0.360 | 1.127466 |
| 2014-05-05 | 0.360 | 1.077199 |
| 2014-02-05 | 0.360 | 1.191264 |
| 2013-11-05 | 0.550 | 1.480883 |
| 2013-08-05 | 0.550 | 1.484881 |
| 2013-05-03 | 0.550 | 1.222494 |
| 2013-02-05 | 0.550 | 1.389942 |
| 2012-11-05 | 0.550 | 1.292597 |
| 2012-08-03 | 0.550 | 1.110887 |
| 2012-05-03 | 0.550 | 1.175214 |
| 2012-02-03 | 0.550 | 1.263496 |
| 2011-11-03 | 0.550 | 1.201923 |
| 2011-08-03 | 0.550 | 1.265240 |
| 2011-05-04 | 0.550 | 1.314217 |
| 2011-03-01 | 0.025 | 0.066542 |
| 2011-02-28 | 0.525 | 1.370757 |
| 2011-02-03 | 0.550 | 1.371571 |
| 2010-11-03 | 0.550 | 1.533315 |
| 2010-08-04 | 0.550 | 1.453104 |
| 2010-05-05 | 0.550 | 1.539754 |
| 2010-02-03 | 0.550 | 1.283248 |
| 2009-11-04 | 0.550 | 1.309524 |
| 2009-08-05 | 0.550 | 1.329466 |
| 2009-05-05 | 0.550 | 1.309212 |
| 2009-02-04 | 0.550 | 1.079066 |
| 2008-11-05 | 0.550 | 1.031121 |
| 2008-08-05 | 0.550 | 0.803741 |
| 2008-05-05 | 0.550 | 0.712528 |
| 2008-02-05 | 0.550 | 0.786051 |
| 2007-11-05 | 0.500 | 0.723066 |
| 2007-08-03 | 0.500 | 0.834864 |
| 2007-05-03 | 0.500 | 0.717978 |
| 2007-02-05 | 0.500 | 0.811162 |
| 2006-11-03 | 0.450 | 0.777471 |
| 2006-08-03 | 0.450 | 0.801139 |
| 2006-05-03 | 0.450 | 0.882180 |
| 2006-02-03 | 0.450 | 0.929944 |
| 2005-11-03 | 0.430 | 0.932148 |
| 2005-08-03 | 0.413 | 0.831655 |
| 2005-05-04 | 0.413 | 0.964277 |
| 2005-02-03 | 0.413 | 1.036907 |
| 2004-11-03 | 0.375 | 0.911300 |
| 2004-08-04 | 0.375 | 0.941029 |
| 2004-05-05 | 0.375 | 0.971754 |
| 2004-02-04 | 0.375 | 1.016260 |
| 2003-11-05 | 0.375 | 1.086957 |
| 2003-08-05 | 0.375 | 1.196936 |
| 2003-05-05 | 0.375 | 1.125112 |
| 2003-02-05 | 0.375 | 1.233147 |
| 2002-11-05 | 0.375 | 1.139818 |
| 2002-08-05 | 0.375 | 1.221498 |
| 2002-05-03 | 0.375 | 1.126464 |
| 2002-02-05 | 0.375 | 0.981675 |
| 2001-11-08 | 0.375 | 1.082876 |
| 2001-11-07 | 0.279 | 0.808227 |
| 2001-08-07 | 0.375 | 1.241722 |
| 2001-05-03 | 0.375 | 1.272912 |
| 2001-02-05 | 0.375 | 1.348921 |
| 2000-11-03 | 0.375 | 1.492537 |
| 2000-08-03 | 0.375 | 1.391304 |
| 2000-05-03 | 0.375 | 1.530612 |
| 2000-02-03 | 0.375 | 1.639344 |
| 1999-11-03 | 0.375 | 1.445783 |
| 1999-08-04 | 0.375 | 1.333333 |
| 1999-05-05 | 0.375 | 1.247401 |
| 1999-02-03 | 0.375 | 1.239669 |
| 1998-11-04 | 0.375 | 1.226994 |
| 1998-08-05 | 0.375 | 1.360544 |
| 1998-05-05 | 0.375 | 1.257862 |
| 1998-02-04 | 0.375 | 1.290323 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.18437958 |
| Address1 | 341 White Pond Drive |
| All Time High | 84.0 |
| All Time Low | 18.0 |
| Ask | 48.4 |
| Ask Size | 900 |
| Audit Risk | 6 |
| Average Analyst Rating | 2.2 - Buy |
| Average Daily Volume10 Day | 3,715,060 |
| Average Daily Volume3 Month | 5,071,409 |
| Average Volume | 5,071,409 |
| Average Volume10Days | 3,715,060 |
| Beta | 0.454 |
| Bid | 48.0 |
| Bid Size | 200 |
| Board Risk | 5 |
| Book Value | 21.876 |
| City | Akron |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 48.43 |
| Current Ratio | 0.522 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 48.605 |
| Day Low | 47.9 |
| Debt To Equity | 198.922 |
| Display Name | FirstEnergy |
| Dividend Date | 1,780,272,000 |
| Dividend Rate | 1.86 |
| Dividend Yield | 3.88 |
| Earnings Call Timestamp End | 1,785,355,200 |
| Earnings Call Timestamp Start | 1,785,355,200 |
| Earnings Growth | 0.129 |
| Earnings Quarterly Growth | 0.125 |
| Earnings Timestamp | 1,785,268,800 |
| Earnings Timestamp End | 1,785,268,800 |
| Earnings Timestamp Start | 1,785,268,800 |
| Ebitda | 5,169,999,872 |
| Ebitda Margins | 0.33707002 |
| Enterprise To Ebitda | 11.117 |
| Enterprise To Revenue | 3.747 |
| Enterprise Value | 57,473,421,312 |
| Eps Current Year | 2.73438 |
| Eps Forward | 2.94686 |
| Eps Trailing Twelve Months | 1.84 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,778,112,000 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 46.4524 |
| Fifty Day Average Change | 1.9776001 |
| Fifty Day Average Change Percent | 0.042572614 |
| Fifty Two Week Change Percent | 18.437958 |
| Fifty Two Week High | 52.34 |
| Fifty Two Week High Change | -3.9099998 |
| Fifty Two Week High Change Percent | -0.07470386 |
| Fifty Two Week Low | 40.01 |
| Fifty Two Week Low Change | 8.420002 |
| Fifty Two Week Low Change Percent | 0.21044745 |
| Fifty Two Week Range | 40.01 - 52.34 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 879,172,200,000 |
| Five Year Avg Dividend Yield | 3.99 |
| Float Shares | 547,959,421 |
| Forward Eps | 2.94686 |
| Forward P E | 16.434443 |
| Free Cashflow | -1,835,124,992 |
| Full Exchange Name | NYSE |
| Full Time Employees | 11,186 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.68425006 |
| Gross Profits | 10,494,999,552 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0013799999 |
| Held Percent Institutions | 0.96515 |
| Implied Shares Outstanding | 578,431,175 |
| Industry | Utilities - Regulated Electric |
| Industry Disp | Utilities - Regulated Electric |
| Industry Key | utilities-regulated-electric |
| Ir Website | http://investors.firstenergycorp.com/phoenix.zhtml?c=102230&p=irol-IRHome |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,778,112,000 |
| Last Dividend Value | 0.465 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | FirstEnergy Corp., together with its subsidiaries, engages in the generation, distribution, and transmission of electricity in the United States. It operates through Distribution, Integrated, and Stand-Alone Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. The company operates 252,959 distribution line miles and 24,157 transmission line miles, including overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio. |
| Long Name | FirstEnergy Corp. |
| Market | us_market |
| Market Cap | 28,013,422,592 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_293515 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 1,065,000,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 27,718,421,906 |
| Number Of Analyst Opinions | 13 |
| Open | 47.98 |
| Operating Cashflow | 3,211,000,064 |
| Operating Margins | 0.20514 |
| Overall Risk | 3 |
| Payout Ratio | 0.96739995 |
| Peg Ratio | 1.71 |
| Phone | 800-736-3402 |
| Post Market Change | 0.10939789 |
| Post Market Change Percent | 0.22588868 |
| Post Market Price | 48.5394 |
| Post Market Time | 1,783,986,950 |
| Previous Close | 47.92 |
| Price Eps Current Year | 17.71151 |
| Price Hint | 2 |
| Price To Book | 2.2138417 |
| Price To Sales Trailing12 Months | 1.8264065 |
| Profit Margins | 0.06944 |
| Quick Ratio | 0.346 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.23529 |
| Region | US |
| Regular Market Change | 0.510002 |
| Regular Market Change Percent | 1.06428 |
| Regular Market Day High | 48.605 |
| Regular Market Day Low | 47.9 |
| Regular Market Day Range | 47.9 - 48.605 |
| Regular Market Open | 47.98 |
| Regular Market Previous Close | 47.92 |
| Regular Market Price | 48.43 |
| Regular Market Time | 1,783,972,803 |
| Regular Market Volume | 1,815,928 |
| Return On Assets | 0.03758 |
| Return On Equity | 0.094610006 |
| Revenue Growth | 0.116 |
| Revenue Per Share | 26.571 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Utilities |
| Sector Disp | Utilities |
| Sector Key | utilities |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 578,431,175 |
| Shares Percent Shares Out | 0.045500003 |
| Shares Short | 26,322,788 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 23,369,809 |
| Short Name | FirstEnergy Corp. |
| Short Percent Of Float | 0.060599998 |
| Short Ratio | 5.71 |
| Source Interval | 15 |
| State | OH |
| Symbol | FE |
| Target High Price | 56.0 |
| Target Low Price | 48.0 |
| Target Mean Price | 52.38462 |
| Target Median Price | 53.0 |
| Total Cash | 52,000,000 |
| Total Cash Per Share | 0.09 |
| Total Debt | 28,060,000,256 |
| Total Revenue | 15,338,000,384 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.78 |
| Trailing Annual Dividend Yield | 0.037145242 |
| Trailing Eps | 1.84 |
| Trailing P E | 26.320652 |
| Trailing Peg Ratio | 1.7053 |
| Triggerable | 1 |
| Two Hundred Day Average | 47.2276 |
| Two Hundred Day Average Change | 1.2024002 |
| Two Hundred Day Average Change Percent | 0.025459694 |
| Type Disp | Equity |
| Volume | 1,815,928 |
| Website | https://www.firstenergycorp.com |
| Zip | 44,320 |