Zacks Research Increases Earnings Estimates for FirstEnergy

FirstEnergy Corp. (NYSE:FE) – Zacks Research boosted their Q2 2025 EPS estimates for shares of FirstEnergy in a research report issued on Thursday, December 12th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $0.62 for the quarter, up from their previous estimate of $0.61. The consensus estimate for FirstEnergy’s current full-year earnings is $2.68 per share. Zacks Research also issued estimates for FirstEnergy’s Q3 2025 earnings at $0.87 EPS, Q2 2026 earnings at $0.61 EPS and Q3 2026 earnings at $0.96 EPS.

FE has been the topic of several other reports. JPMorgan Chase & Co. raised their price objective on FirstEnergy from $45.00 to $46.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Bank of America increased their target price on shares of FirstEnergy from $42.00 to $43.00 and gave the stock an “underperform” rating in a report on Thursday, August 29th. Jefferies Financial Group began coverage on shares of FirstEnergy in a report on Monday, October 14th. They issued a “hold” rating and a $46.00 price target for the company. Argus upgraded shares of FirstEnergy from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Friday, September 20th. Finally, KeyCorp reduced their price objective on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $46.27.

FirstEnergy Trading Down 0.1 %

Shares of FE opened at $40.27 on Friday. The firm has a market capitalization of $23.21 billion, a price-to-earnings ratio of 26.01, a PEG ratio of 2.17 and a beta of 0.51. The company has a 50-day moving average of $42.20 and a 200 day moving average of $41.58. FirstEnergy has a 1-year low of $35.41 and a 1-year high of $44.97. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.56 and a quick ratio of 0.46.

FirstEnergy (NYSE:FE) last issued its quarterly earnings results on Tuesday, October 29th. The utilities provider reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.05). FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%. The business had revenue of $3.73 billion during the quarter, compared to analysts’ expectations of $3.96 billion. During the same quarter in the previous year, the company posted $0.88 earnings per share. The company’s quarterly revenue was up 6.9% compared to the same quarter last year.

FirstEnergy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Investors of record on Thursday, November 7th were given a dividend of $0.425 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $1.70 dividend on an annualized basis and a yield of 4.22%. FirstEnergy’s dividend payout ratio is presently 109.68%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FE. Allspring Global Investments Holdings LLC increased its stake in shares of FirstEnergy by 5.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 9,098,472 shares of the utilities provider’s stock valued at $403,517,000 after purchasing an additional 457,231 shares in the last quarter. First Pacific Advisors LP grew its stake in FirstEnergy by 2.0% in the 2nd quarter. First Pacific Advisors LP now owns 3,557,667 shares of the utilities provider’s stock valued at $136,152,000 after acquiring an additional 69,512 shares during the period. Franklin Resources Inc. increased its holdings in FirstEnergy by 1.0% in the 3rd quarter. Franklin Resources Inc. now owns 3,546,001 shares of the utilities provider’s stock worth $153,081,000 after acquiring an additional 34,151 shares in the last quarter. 1832 Asset Management L.P. raised its position in FirstEnergy by 7.6% during the second quarter. 1832 Asset Management L.P. now owns 2,725,050 shares of the utilities provider’s stock worth $104,288,000 after acquiring an additional 193,540 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in FirstEnergy by 7.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,346,263 shares of the utilities provider’s stock valued at $104,057,000 after purchasing an additional 171,955 shares in the last quarter. 89.41% of the stock is currently owned by hedge funds and other institutional investors.

FirstEnergy Company Profile

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities.