Q1 EPS Estimates for FirstEnergy Lifted by Zacks Research

FirstEnergy Corp. (NYSE:FE - Free Report) - Equities researchers at Zacks Research upped their Q1 2026 earnings per share estimates for shares of FirstEnergy in a research report issued to clients and investors on Tuesday, January 7th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $0.68 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.

Other equities research analysts have also recently issued reports about the company. Seaport Res Ptn cut FirstEnergy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 31st. Barclays lifted their price objective on FirstEnergy from $40.00 to $46.00 and gave the stock an "equal weight" rating in a research note on Monday, October 7th. KeyCorp decreased their target price on FirstEnergy from $48.00 to $47.00 and set an "overweight" rating for the company in a research note on Wednesday, December 4th. Argus raised FirstEnergy from a "hold" rating to a "buy" rating and set a $50.00 target price for the company in a research note on Friday, September 20th. Finally, JPMorgan Chase & Co. boosted their target price on FirstEnergy from $45.00 to $46.00 and gave the company a "neutral" rating in a research note on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $46.27.

FirstEnergy Trading Down 2.6 %

Shares of FirstEnergy stock traded down $1.02 during trading on Friday, reaching $38.75. 4,248,442 shares of the company were exchanged, compared to its average volume of 2,622,407. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 1.58. FirstEnergy has a twelve month low of $35.41 and a twelve month high of $44.97. The business has a 50-day moving average price of $40.74 and a 200-day moving average price of $41.70. The firm has a market capitalization of $22.33 billion, a price-to-earnings ratio of 25.00, a P/E/G ratio of 2.18 and a beta of 0.52.

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

Institutional Trading of FirstEnergy

Institutional investors and hedge funds have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised 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 worth $104,057,000 after acquiring an additional 171,955 shares in the last quarter. DRW Securities LLC bought a new stake in FirstEnergy in the third quarter valued at approximately $1,154,000. Public Sector Pension Investment Board raised its stake in FirstEnergy by 52.7% in the second quarter. Public Sector Pension Investment Board now owns 87,811 shares of the utilities provider's stock valued at $3,361,000 after buying an additional 30,309 shares during the period. Acadian Asset Management LLC bought a new stake in FirstEnergy in the second quarter valued at approximately $596,000. Finally, Nomura Asset Management Co. Ltd. raised its stake in FirstEnergy by 16.8% in the third quarter. Nomura Asset Management Co. Ltd. now owns 186,406 shares of the utilities provider's stock valued at $8,267,000 after buying an additional 26,874 shares during the period. Institutional investors own 89.41% of the company's stock.

FirstEnergy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 7th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.39%. FirstEnergy's dividend payout ratio (DPR) is 109.68%.

About FirstEnergy

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.