FE
FirstEnergy Corp. Utilities - Utilities - Regulated Electric Investor Relations →
FirstEnergy Corp. (FE) closed at $46.45 as of 2026-06-19, trading 21.7% above its 200-week moving average of $38.17. The stock is currently moving closer to the line, down from 23.4% last week. The 14-week RSI sits at 37, indicating neutral momentum.
Over the past 14 weeks, down-weeks have had more trading volume than up-weeks (0.68 buyers-vs-sellers ratio). That means when people are active, they're more often selling than buying. Sellers are still more in control than buyers.
Over the past 1444 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 9.5%. The stock trades at 2.1x book value.
Over the past 27.8 years, a hypothetical investment of $100 in FE would have grown to $537, compared to $1099 for the S&P 500. FE has returned 6.2% annualized vs 9.0% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. FE currently has negative free cash flow, so price-based dislocation levels are not available. The score still tracks yield deviation from baseline.
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from FE's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
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% | +445.5% |
| Jul 1999 | Aug 1999 | 3 | 1.2% | -6.7% | +443.4% |
| Sep 1999 | Jul 2000 | 47 | 31.1% | +0.8% | +449.6% |
| Aug 2000 | Sep 2000 | 3 | 9.9% | +29.8% | +488.9% |
| Oct 2000 | Nov 2000 | 5 | 1.4% | +53.3% | +471.4% |
| Oct 2008 | Nov 2008 | 6 | 18.3% | +5.6% | +129.5% |
| Dec 2008 | Jun 2011 | 134 | 36.1% | -14.1% | +89.2% |
| Jul 2011 | Jul 2011 | 1 | 2.3% | +19.7% | +105.8% |
| Aug 2011 | Sep 2011 | 6 | 6.3% | +25.7% | +115.3% |
| Nov 2011 | Nov 2011 | 1 | 0.0% | +2.7% | +107.2% |
| Jun 2013 | Jul 2013 | 4 | 5.7% | +0.4% | +121.0% |
| Aug 2013 | Oct 2013 | 9 | 2.6% | -10.1% | +112.9% |
| Nov 2013 | Oct 2014 | 50 | 16.9% | +5.7% | +121.0% |
| Nov 2014 | Nov 2014 | 1 | 0.7% | -11.2% | +109.0% |
| Feb 2015 | Feb 2016 | 54 | 16.5% | -4.0% | +107.4% |
| Apr 2016 | May 2016 | 5 | 3.2% | -3.9% | +118.5% |
| Jun 2016 | Jun 2016 | 1 | 0.5% | -7.9% | +114.2% |
| Aug 2016 | Aug 2016 | 1 | 1.7% | +3.6% | +117.2% |
| Aug 2016 | Aug 2016 | 1 | 0.7% | +6.0% | +115.6% |
| Oct 2016 | Oct 2016 | 2 | 3.6% | +5.0% | +122.5% |
| Nov 2016 | Feb 2017 | 15 | 6.2% | +11.1% | +118.0% |
| Mar 2017 | Mar 2017 | 1 | 0.2% | +9.4% | +117.8% |
| Apr 2017 | Jul 2017 | 13 | 8.4% | +17.8% | +122.5% |
| Jan 2018 | Jan 2018 | 3 | 3.7% | +28.7% | +118.4% |
| Mar 2020 | Mar 2020 | 1 | 0.5% | +6.8% | +76.2% |
| Jul 2020 | Mar 2021 | 33 | 22.4% | +37.1% | +103.0% |
| Mar 2021 | Apr 2021 | 2 | 0.7% | +36.2% | +67.9% |
| Jun 2022 | Jun 2022 | 1 | 1.7% | +13.3% | +52.6% |
| Oct 2022 | Oct 2022 | 3 | 1.6% | -1.2% | +50.3% |
| Jul 2023 | Aug 2023 | 1 | 0.0% | +22.9% | +45.0% |
| Aug 2023 | Sep 2023 | 2 | 0.6% | +28.5% | +46.0% |
| Sep 2023 | Nov 2023 | 7 | 4.4% | +34.6% | +52.4% |
| Average | 13 | — | +10.0% | — |
Frequently Asked Questions
Is FE below its 200-week moving average?
No. FirstEnergy Corp. (FE) is currently 21.7% above its 200-week moving average of $38.17. It would need to fall to $38.17 to cross below the line.
What is FE's 200-week moving average price?
FirstEnergy Corp.'s 200-week moving average is $38.17 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when FE drops below its 200-week moving average?
FE has crossed below its 200-week moving average 32 times in our data. On average, buying at that moment produced a one-year return of +10.0%. These dips have historically been decent entry points. These episodes lasted 13 weeks on average.
Is FE a good value right now?
Here's what our data says about FE as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 37. Free cash flow is currently negative. Return on equity is 9.5%. Price-to-book is 2.1x. This is not a buy or sell recommendation — always do your own research.
How does FE compare to the S&P 500?
Over the past 27.8 years, $100 invested in FE would have grown to $537, compared to $1099 for the S&P 500. That's 6.2% annualized vs 9.0% for the index. FE has underperformed the broader market over this period.
Does FE pay a dividend?
Yes. FirstEnergy Corp. currently pays a dividend yield of 390.00%.
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 week of 2026-06-19