FirstEnergy Corp. (NASDAQ: FE) Share Analyzed

FirstEnergy Corp. day trading at USD 37.22 per share, then rallying to 37.99 and closing at USD 37.99 per share. A net gain of 2.68% for the day. Long term pricing analysis shows the stock trading at 27.66% lower than it’s 52week high and -15.91% higher than the 52week low. The share volume traded for the day was 3,151K which was 0 times the 50 Day Average Volume.

FirstEnergy Corp. had a market cap of 20,581,222K as of 29th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $1.25.

FirstEnergy Corp. is an electric utility headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in the distribution, transmission, and generation of electricity, as well as energy management and other energy-related services.

Financial Results

FirstEnergy Corp. Reports First Quarter Of Fiscal 2020.

  • FirstEnergy Corp. (NYSE: FE) today reported first-quarter 2020 GAAP earnings of $74 million, or $0.14 per basic and diluted share of common stock, on revenue of $2.7 billion, including a non-cash mark-to-market adjustment on the company’s pension and other post-employment benefits (OPEB) plans
  • In the first quarter of 2019, FirstEnergy reported GAAP earnings of $315 million, or $0.59 per basic and diluted share of common stock, on revenue of $2.9 billion.
  • Operating (non-GAAP) earnings* for the first quarter of 2020 were $0.66 per share, above the midpoint of the company’s earnings guidance. In the first quarter of 2019, operating (non-GAAP) earnings were $0.67 per share.

FirstEnergy Corp. (29th June 2020): The Institutional Ownership as of today stood at 84.69% and the Total Value of Holdings (millions) is $ 17,430

New Institutional Holders and other activity – As of today, the total number of shares held is, 458,806,260 by 774 institutional holders.

LATEST NEWS:

28-June-2020:- 1832 Asset Management L.P. Boosts Stock Position in FirstEnergy Corp. (NYSE: FE) – Modern Readers

1832 Asset Management L.P. increased its stake in FirstEnergy Corp. (NYSE: FE) by 3.2% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,916 shares of the utilities provider’s stock after buying an additional 2,265 shares during the period.

26-June-2020:- National Pension Service Grows Holdings in FirstEnergy Corp. (NYSE: FE)

National Pension Service increased its holdings in shares of FirstEnergy Corp. (NYSE: FE) by 1.5% in the first quarter, Holdings Channel reports. The firm owned 752,762 shares of the utilities provider’s stock after buying an additional 11,137 shares during the quarter.

25-June-2020:- FirstEnergy Corp. (NYSE: FE) Expected to Post Quarterly Sales of $2.57 Billion

Equities research analysts expect FirstEnergy Corp. (NYSE: FE) to post $2.57 billion in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for FirstEnergy’s earnings. FirstEnergy reported sales of $2.52 billion during the same quarter last year, which indicates a positive year over the year growth rate of 2%.

 

 

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