Q3 EPS Estimates for FirstEnergy Reduced by Zacks Research

FirstEnergy Corp. (NYSE:FE - Free Report) - Research analysts at Zacks Research lowered their Q3 2025 EPS estimates for FirstEnergy in a research report issued to clients and investors on Tuesday, February 4th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $0.85 for the quarter, down from their previous estimate of $0.86. The consensus estimate for FirstEnergy's current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy's FY2025 earnings at $2.89 EPS.

A number of other brokerages have also weighed in on FE. Wolfe Research lowered shares of FirstEnergy from an "outperform" rating to a "peer perform" rating in a research note on Thursday, January 23rd. Seaport Res Ptn cut FirstEnergy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 31st. Morgan Stanley cut their price objective on shares of FirstEnergy from $52.00 to $50.00 and set an "overweight" rating on the stock in a research report on Friday, November 22nd. JPMorgan Chase & Co. increased their target price on shares of FirstEnergy from $45.00 to $46.00 and gave the stock a "neutral" rating in a report on Friday, October 18th. Finally, Jefferies Financial Group began coverage on shares of FirstEnergy in a research note on Monday, October 14th. They issued a "hold" rating and a $46.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, FirstEnergy has an average rating of "Hold" and a consensus target price of $46.27.

FirstEnergy Stock Down 0.9 %

Shares of FirstEnergy stock traded down $0.35 on Thursday, hitting $39.82. The company had a trading volume of 1,704,697 shares, compared to its average volume of 3,602,134. The stock has a 50-day moving average of $39.95 and a 200-day moving average of $41.85. 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 has a twelve month low of $36.01 and a twelve month high of $44.97. The firm has a market capitalization of $22.95 billion, a P/E ratio of 25.69, a P/E/G ratio of 2.01 and a beta of 0.52.

FirstEnergy Announces Dividend

The firm also recently declared 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. This represents a $1.70 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date is Friday, February 7th. FirstEnergy's payout ratio is currently 109.68%.

Hedge Funds Weigh In On FirstEnergy

A number of institutional investors have recently bought and sold shares of the business. Livelsberger Financial Advisory bought a new position in shares of FirstEnergy during the 3rd quarter worth approximately $26,000. Kestra Investment Management LLC bought a new position in FirstEnergy during the fourth quarter worth $26,000. True Wealth Design LLC increased its holdings 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 purchasing an additional 640 shares during the last quarter. WASHINGTON TRUST Co raised 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 purchasing an additional 586 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of FirstEnergy during the 4th quarter worth about $33,000. Institutional investors and hedge funds own 89.41% of the company's stock.

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.