FirstEnergy Corp. (NYSE:FE – Free Report) – Zacks Research lowered their Q1 2025 earnings estimates for shares of FirstEnergy in a note issued to investors on Tuesday, February 4th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $0.61 for the quarter, down from their previous estimate of $0.62. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy’s Q4 2025 earnings at $0.80 EPS.
Several other brokerages also recently commented on FE. Scotiabank upgraded shares of FirstEnergy from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $45.00 to $50.00 in a report on Thursday, December 12th. KeyCorp lowered their price objective on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, December 4th. Wolfe Research downgraded shares of FirstEnergy from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 23rd. Morgan Stanley lowered their price objective on shares of FirstEnergy from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of FirstEnergy from $45.00 to $46.00 and gave the company a “neutral” rating in a report on Friday, October 18th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $46.27.
FirstEnergy Stock Performance
Shares of FE stock opened at $40.17 on Friday. 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 company has a market capitalization of $23.15 billion, a P/E ratio of 25.92, a price-to-earnings-growth ratio of 1.99 and a beta of 0.52. The company’s 50 day moving average price is $40.00 and its two-hundred day moving average price is $41.83. FirstEnergy has a 52 week low of $35.41 and a 52 week high of $44.97.
FirstEnergy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Friday, February 7th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.70 dividend on an annualized basis and a yield of 4.23%. FirstEnergy’s payout ratio is 109.68%.
Hedge Funds Weigh In On FirstEnergy
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Livelsberger Financial Advisory bought a new position in FirstEnergy during the third quarter worth $26,000. Kestra Investment Management LLC bought a new position in FirstEnergy during the fourth quarter worth $26,000. True Wealth Design LLC boosted its position in shares of FirstEnergy by 4,571.4% in the third quarter. True Wealth Design LLC now owns 654 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 640 shares during the period. WASHINGTON TRUST Co boosted its position in shares of FirstEnergy by 293.0% in the fourth quarter. WASHINGTON TRUST Co now owns 786 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 586 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in shares of FirstEnergy in the fourth quarter valued at about $33,000. 89.41% of the stock is owned by 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.
Featured Stories
- Five stocks we like better than FirstEnergy
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- EV Stocks and How to Profit from Them
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Receive News & Ratings for FirstEnergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstEnergy and related companies with MarketBeat.com's FREE daily email newsletter.