Firstenergy Corp.

Firstenergy Corp.

FE

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Market Cap$27.95B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Firstenergy Corp.Firstenergy Corp.25.83.73%10%1.82.3

Earnings Call Q2 2026

July 29, 2026 - AI Summary

Solid Q2 execution; guidance reaffirmed (but “timing” muted core EPS growth) - Q2 GAAP EPS: $0.50 vs $0.46 YoY - Q2 core EPS: $0.50 vs $0.52 YoY (i.e., slight YoY step-down) - Core EPS 1H: $1.22 vs $1.19 YoY - Outlook/guidance reaffirmed: 2026 core earnings guidance $2.62–$2.82 per share - Management emphasized the earnings growth timing for the year (i.e., not a straight-line acceleration)
Capex pace is strong and supports long-term growth (investment discipline is a key “good”) - 2026 capex plan reaffirmed: $6B - Deployed through first half: $2.9B (+19% vs 1H 2025) - Returns: trailing ROE ~9.5%, in line with targeted returns - 5-year capex plan reaffirmed: $36B - Long-term growth target: core earnings growth near the top end of 6%–8% through 2030 with meaningful upside (to be detailed in later plan updates)
Data center demand is accelerating fast—major opportunity, and it’s driving contracting + optionality - Forecasted total data center demand: increased ~30% since Q1 to ~25 GW - New contracted demand: additional 2.1 GW contracted in Q2, total contracted = 6.4 GW - Near-term contracting: expected +1.5 GW to enter contracts “in the next couple of weeks” - Scale vs system peak: contracted/pipeline ~70% of July system peak load (34.8 GW) - Management sees this as a multi-year driver, with urgency due to PJM planning/timing and interconnection/transmission constraints

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$53.17

Target Price by Analysts

10.1% upsideFirstenergy Target Price DetailsTarget Price
$40.69

Current Fair Value

15.8% downside

Overvalued by 15.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$27.95 Billion
Enterprise Value$58.16 Billion
Dividend Yield$1.80 (3.73%)
Earnings per Share$1.77
Beta0.45
Outstanding Shares578,000,000

Return

Return on Equity10.34%ROE
Return on Assets2.30%
Return on Invested Capital5.52%

Valuation & Multiples

P/E Ratio25.76P/E Ratio
PEG-282.5PEG
Price to Sales1.79Price to Sales
Price to Book Ratio2.01Price to Book Ratio
Enterprise Value to Revenue3.67
Enterprise Value to EBIT20.16
Enterprise Value to Net Income43
Total Debt to Enterprise0.52
Debt to Equity2.34Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 29, 2026
EPS Estimate
$0.56
Average shareholder expectation
Revenue Estimate
$3.62 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 21, 2026
EPS Estimate
$0.94
Average shareholder expectation
Revenue Estimate
$4.33 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 60.85%
Total Calls- 100.00%
Total Puts487,400 77.72%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %2.84% 87.57%
Total Invested$779.66M 97.05%
Investors Holding353 597.00%

ESG Score

No data

About Firstenergy Corp.

15,617 employees
CEO: Charles Jones

FirstEnergy Corp. is dedicated to safety, reliability and operational excellence. Its ten electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jers...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the technical analysis and official 'revenue estimates' for all tax legislation. Its expert input directly shapes the specifics of tax bills, including those affecting corporate tax structures and capital investment incentives, which are critical for FirstEnergy's financial planning and valuation.

Finance

As the primary tax-writing committee, it dictates federal tax policy, trade, and entitlement spending. Corporate tax rates, depreciation rules, and investment tax credits determined by this committee have a direct and substantial impact on FirstEnergy's profitability, cash flow, and capital investment decisions.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine funding for energy infrastructure, grid modernization projects, and scientific research (e.g., Department of Energy initiatives), which can directly provide revenue streams or grants to utilities like FirstEnergy.

Banking, Housing, and Urban Affairs

This committee regulates the entire financial system, including the Federal Reserve and SEC. As a capital-intensive utility, FirstEnergy's ability to finance its operations and infrastructure, and its cost of capital, are directly impacted by financial regulations, interest rates, and capital market conditions overseen by this committee.

Energy and Natural Resources

This committee has direct oversight of national energy policy, the Department of Energy, and public lands. Its decisions on energy policy, grid modernization, nuclear energy initiatives, and resource management directly impact FirstEnergy's operational environment, future investments, and regulatory landscape.

Environment and Public Works

This committee directly regulates the Environmental Protection Agency (EPA) and the Nuclear Regulatory Commission (NRC). Both are critical to FirstEnergy's nuclear generation and environmental compliance for all its facilities, including emissions, water discharge, and waste management. Infrastructure programs could also directly benefit or impact transmission projects.