Zacks Research Has Positive View of FirstEnergy Q1 Earnings

FirstEnergy Corp. (NYSE:FE) – Zacks Research lifted their Q1 2026 earnings per share estimates for shares of FirstEnergy in a report released on Tuesday, January 7th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $0.68 per share for the quarter, up from their previous estimate of $0.67. The consensus estimate for FirstEnergy’s current full-year earnings is $2.68 per share. Zacks Research also issued estimates for FirstEnergy’s Q2 2026 earnings at $0.63 EPS and Q3 2026 earnings at $0.94 EPS.

Several other research firms have also recently weighed in on FE. Barclays boosted their price objective on FirstEnergy from $40.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Monday, October 7th. Argus raised FirstEnergy from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Friday, September 20th. Morgan Stanley cut their price target on FirstEnergy from $52.00 to $50.00 and set an “overweight” rating for the company in a report on Friday, November 22nd. KeyCorp cut their price target on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, December 4th. Finally, Jefferies Financial Group started coverage on FirstEnergy in a report on Monday, October 14th. They issued a “hold” rating and a $46.00 price target for the company. One equities research 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. According to MarketBeat, FirstEnergy currently has a consensus rating of “Hold” and an average price target of $46.27.

FirstEnergy Price Performance

NYSE FE opened at $38.75 on Friday. FirstEnergy has a twelve month low of $35.41 and a twelve month high of $44.97. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.46 and a current ratio of 0.56. The stock has a market capitalization of $22.33 billion, a PE ratio of 25.00, a P/E/G ratio of 2.18 and a beta of 0.52. The stock has a 50-day simple moving average of $40.74 and a 200 day simple moving average of $41.72.

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

Institutional Trading of FirstEnergy

Several hedge funds have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC raised its stake in FirstEnergy by 5.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 9,098,472 shares of the utilities provider’s stock worth $403,517,000 after buying an additional 457,231 shares during the period. Franklin Resources Inc. raised its stake in FirstEnergy by 1.0% during the 3rd quarter. Franklin Resources Inc. now owns 3,546,001 shares of the utilities provider’s stock worth $153,081,000 after buying an additional 34,151 shares during the period. 1832 Asset Management L.P. raised its stake in FirstEnergy by 7.6% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,725,050 shares of the utilities provider’s stock worth $104,288,000 after buying an additional 193,540 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of FirstEnergy by 7.9% in the 3rd 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 during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of FirstEnergy by 5.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,896,140 shares of the utilities provider’s stock valued at $72,570,000 after purchasing an additional 104,253 shares during the period. Institutional investors and hedge funds own 89.41% of the company’s stock.

FirstEnergy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Friday, February 7th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 4.39%. The ex-dividend date is Friday, February 7th. FirstEnergy’s payout ratio is presently 109.68%.

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.