Zacks Research Increases Earnings Estimates for FirstEnergy

FirstEnergy Corp. (NYSE:FE - Free Report) - Research analysts at Zacks Research increased their Q2 2025 earnings per share estimates for shares of FirstEnergy in a research note issued on Thursday, December 12th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $0.62 for the quarter, up from their prior 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.

A number of other equities research analysts also recently weighed in on FE. Barclays lifted their target price on FirstEnergy from $40.00 to $46.00 and gave the stock an "equal weight" rating in a research report on Monday, October 7th. Seaport Res Ptn cut FirstEnergy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 31st. Argus raised FirstEnergy from a "hold" rating to a "buy" rating and set a $50.00 target price for the company in a research report on Friday, September 20th. Bank of America boosted their price target on shares of FirstEnergy from $42.00 to $43.00 and gave the company an "underperform" rating in a report on Thursday, August 29th. Finally, Jefferies Financial Group started coverage on shares of FirstEnergy in a report on Monday, October 14th. They set a "hold" rating and a $46.00 price objective for the company. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $46.27.

FirstEnergy Stock Performance

NYSE:FE traded up $0.04 during mid-day trading on Friday, hitting $40.36. 423,929 shares of the company's stock traded hands, compared to its average volume of 2,895,599. The company has a current ratio of 0.56, a quick ratio of 0.46 and a debt-to-equity ratio of 1.58. The firm has a 50 day moving average of $42.20 and a two-hundred day moving average of $41.58. The firm has a market capitalization of $23.26 billion, a price-to-earnings ratio of 26.01, a price-to-earnings-growth ratio of 2.17 and a beta of 0.51. FirstEnergy has a 12 month low of $35.41 and a 12 month high of $44.97.

FirstEnergy (NYSE:FE - Get Free Report) last posted its quarterly earnings data 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 firm 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%. FirstEnergy's quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.88 earnings per share.

Institutional Trading of FirstEnergy

A number of hedge funds and other institutional investors have recently made changes to their positions in FE. Livelsberger Financial Advisory acquired a new position in FirstEnergy during the 3rd quarter worth $26,000. True Wealth Design LLC raised its position in shares of FirstEnergy by 4,571.4% during the third quarter. True Wealth Design LLC now owns 654 shares of the utilities provider's stock worth $29,000 after acquiring an additional 640 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new position in FirstEnergy in the second quarter valued at about $32,000. West Oak Capital LLC acquired a new stake in FirstEnergy in the second quarter worth about $38,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in FirstEnergy in the second quarter worth about $38,000. 89.41% of the stock is currently owned by institutional investors and hedge funds.

FirstEnergy Dividend Announcement

The firm also recently declared 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 4.21%. FirstEnergy's dividend payout ratio (DPR) is presently 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.