How to Buy Firstenergy Stock
Firstenergy Corp
Firstenergy is a regulated electric utility company located in Ohio, United States, which is part of the Utilities sector, and is traded under the ticker FE on the NYSE exchange.
Firstenergy stock last closed at $38.57, up 0.7% from the previous day, and has decreased 6.25% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.04 percentage points. Firstenergy stock is currently +19.86% from its 52-week low of $32.18, and -6.27% from its 52-week high of $41.15.
At the moment, there are 575.52M FE shares outstanding. The market capitalization of FE is $22.20B. In the past 24 hours, 3.29M FE shares were traded.
How to Buy Firstenergy Stock
Wondering how to invest in Firstenergy stock? Here's how.
- Choose where to buy Firstenergy stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Firstenergy stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your details.
- Research Firstenergy stock: The Firstenergy ticker symbol is FE. Is Firstenergy stock a good investment? Should you buy shares of FE? How do FE's underlying business fundamentals look? Do top analysts think Firstenergy is a good buy? Why has FE's stock price moved recently? (Hint: Our stock analysis website can help you figure out if FE is a good stock to buy).
- Place your FE purchase: Decide if you will purchase FE shares at the current market price or use a limit order to buy FE shares at a given price.
- Get key alerts regarding your FE position: Create a watchlist to important updates regarding your new investment in Firstenergy stock.
Step 1: Choose where to buy Firstenergy stock
You will need an online brokerage account to access the NYSE market and buy FE stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you are able to buy FE stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on the best stock buying app, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of depositing funds into your new investment account.
Step 4: Research Firstenergy stock
After you have figured out the best place to buy Firstenergy stock, it's absolutely critical to research their stock prior to investing, so you truly understand the risk as well as the upside.
Firstenergy Metrics
Firstenergy Zen Score
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on FE's stock page.
Is FE stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge FE's intrinsic value.
Using relative valuations metrics:
- FE could be overvalued based on its P/E ratio of 20.85x, relative to Utilities - Regulated Electric industry P/E ratio of 16.59x
- FE could be overvalued based on its P/B ratio of 1.79x, relative to Utilities - Regulated Electric industry P/B ratio of 1.64x
- FE may be overvalued based on its PEG ratio of 1.07x
You can access more valuation research on FE's stock here.
FE Financial Overview
Positive Health Checks:
- FE profit margin has gone up from 3.2% to 8.2% in the past year.
- Total FE debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- There are more short-term liabilities than short-term assets on the FE balance sheet.
- FE has $1.37B in cash and short term investments. This is not sufficient to cover its annual cash burn of $2.04B.
- FE has cash burn of 2038000000. It does not have enough cash and short-term investments to cover this.
- FE has a relatively high debt to equity ratio of 3.04.
- There are more long-term liabilities than short-term assets on the FE balance sheet.
Do Wall Street analysts think it's a good time to buy Firstenergy stock
Out of 4 Wall Street analysts who monitor FE, the consensus analyst rating on Firstenergy is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Firstenergy stock forecast page.
FE Momentum
Is FE Growing Revenue?
Last year, FE earnings were $1.06B. Over the past 5 year, FE's earnings have increased by 87.42% per year. This was faster than the Utilities - Regulated Electric industry average of 15.84%.
Last year, FE revenue was $12.93B. During the past five year, FE's revenue has gone up by 2.76% per year. This was slower than the Utilities - Regulated Electric industry average of 3.97%.
Find out more about FE's earnings and revenue performance here.
What are FE insiders up to?
In the last year, insiders at FE have sold more shares than they have bought.
Steven J. Demetriou, Director of FE, was the latest FE insider to buy. They bought $39,978.19 worth of FE stock on Apr 1, 2024.
Learn more about who owns FE shares here.
Can I rely on FE as an income stream?
Firstenergy pays a dividend of 4.15%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.96%. If you owned $1,000 worth of FE stock, you would have received $41.48 in the past 12 months.
Firstenergy dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Firstenergy dividend yield and history here.
What do other traders have to say about FE?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your FE purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and eToro will execute the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your FE position
Now that you own some FE stock, you'll want to stay up-to-date on your new company.
Make a watchlist to keep track of your FE stock.
FE Feed
How to Buy Stock in Firstenergy
To reiterate, here are the 6 steps to buy Firstenergy stock:
- Choose where to buy Firstenergy stock
- Sign up for a brokerage account
- Fund your investment account
- Research Firstenergy stock
- Place your FE purchase
- Get key alerts regarding your FE position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Firstenergy, click the button below.
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