FE
FirstEnergy Corp. Utilities - Utilities - Regulated Electric Investor Relations →
FirstEnergy Corp. (FE) closed at $46.63 as of 2026-02-02, trading 25.1% above its 200-week moving average of $37.27. The stock is currently moving closer to the line, down from 25.9% last week. The 14-week RSI sits at 57, indicating neutral momentum.
Over the past 1425 weeks of data, FE has crossed below its 200-week moving average 32 times. On average, these episodes lasted 13 weeks. Historically, investors who bought FE at the start of these episodes saw an average one-year return of +10.0%.
With a market cap of $26.9 billion, FE is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 11.2%. The stock trades at 2.1x book value.
Over the past 27.4 years, a hypothetical investment of $100 in FE would have grown to $534, compared to $1011 for the S&P 500. FE has returned 6.3% annualized vs 8.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: FE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After FE Crosses Below the Line?
Across 32 historical episodes, buying FE when it crossed below its 200-week moving average produced an average return of +9.8% after 12 months (median +3.0%), compared to +15.5% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +20.2% vs +26.5% for the index.
Each line shows $100 invested at the moment FE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
FE has crossed below its 200-week MA 32 times with an average 1-year return of +10.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1999 | Apr 1999 | 4 | 2.1% | -26.8% | +442.0% |
| Jul 1999 | Aug 1999 | 3 | 1.2% | -6.7% | +440.0% |
| Sep 1999 | Jul 2000 | 47 | 31.1% | +0.8% | +446.1% |
| Aug 2000 | Sep 2000 | 3 | 9.9% | +29.8% | +485.2% |
| Oct 2000 | Nov 2000 | 5 | 1.4% | +53.3% | +467.8% |
| Oct 2008 | Nov 2008 | 6 | 18.3% | +5.6% | +128.0% |
| Dec 2008 | Jun 2011 | 134 | 36.1% | -14.1% | +88.0% |
| Jul 2011 | Jul 2011 | 1 | 2.3% | +19.7% | +104.5% |
| Aug 2011 | Sep 2011 | 6 | 6.3% | +25.7% | +113.9% |
| Nov 2011 | Nov 2011 | 1 | 0.0% | +2.7% | +105.9% |
| Jun 2013 | Jul 2013 | 4 | 5.7% | +0.4% | +119.6% |
| Aug 2013 | Oct 2013 | 9 | 2.6% | -10.1% | +111.6% |
| Nov 2013 | Oct 2014 | 50 | 16.9% | +5.7% | +119.6% |
| Nov 2014 | Nov 2014 | 1 | 0.7% | -11.2% | +107.7% |
| Feb 2015 | Feb 2016 | 54 | 16.5% | -4.0% | +106.1% |
| Apr 2016 | May 2016 | 5 | 3.2% | -3.9% | +117.1% |
| Jun 2016 | Jun 2016 | 1 | 0.5% | -7.9% | +112.9% |
| Aug 2016 | Aug 2016 | 1 | 1.7% | +3.6% | +115.8% |
| Aug 2016 | Aug 2016 | 1 | 0.7% | +6.0% | +114.2% |
| Oct 2016 | Oct 2016 | 2 | 3.6% | +5.0% | +121.1% |
| Nov 2016 | Feb 2017 | 15 | 6.2% | +11.1% | +116.6% |
| Mar 2017 | Mar 2017 | 1 | 0.2% | +9.4% | +116.5% |
| Apr 2017 | Jul 2017 | 13 | 8.4% | +17.8% | +121.0% |
| Jan 2018 | Jan 2018 | 3 | 3.7% | +28.7% | +117.0% |
| Mar 2020 | Mar 2020 | 1 | 0.5% | +6.8% | +75.1% |
| Jul 2020 | Mar 2021 | 33 | 22.4% | +37.1% | +101.7% |
| Mar 2021 | Apr 2021 | 2 | 0.7% | +36.2% | +66.9% |
| Jun 2022 | Jun 2022 | 1 | 1.7% | +13.3% | +51.7% |
| Oct 2022 | Oct 2022 | 3 | 1.6% | -1.2% | +49.4% |
| Jul 2023 | Aug 2023 | 1 | 0.0% | +22.9% | +44.1% |
| Aug 2023 | Sep 2023 | 2 | 0.6% | +28.5% | +45.0% |
| Sep 2023 | Nov 2023 | 7 | 4.4% | +34.6% | +51.4% |
| Average | 13 | — | +10.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02