Q1 EPS Estimates for FirstEnergy Reduced by Zacks Research

FirstEnergy Corp. (NYSE:FE) – Analysts at Zacks Research reduced their Q1 2025 EPS estimates for shares of FirstEnergy in a research note issued to investors on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $0.60 per share for the quarter, down from their prior forecast of $0.61. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy’s Q2 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.82 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.66 EPS and FY2027 earnings at $3.34 EPS.

FirstEnergy (NYSE:FE) last posted its quarterly earnings data on Wednesday, February 26th. The utilities provider reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.03). The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.53 billion. FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%.

A number of other analysts also recently weighed in on FE. KeyCorp reduced their price target on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, December 4th. Scotiabank decreased their target price on FirstEnergy from $50.00 to $44.00 and set a “sector outperform” rating on the stock in a research report on Friday, February 28th. Morgan Stanley cut their price target on FirstEnergy from $52.00 to $48.00 and set an “overweight” rating for the company in a report on Thursday. Wolfe Research lowered FirstEnergy from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 23rd. Finally, Guggenheim cut their target price on FirstEnergy from $52.00 to $45.00 and set a “buy” rating for the company in a research note on Friday, February 28th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $45.17.

FirstEnergy Trading Up 0.6 %

Shares of FirstEnergy stock opened at $39.80 on Thursday. FirstEnergy has a 1 year low of $36.81 and a 1 year high of $44.97. The company’s fifty day simple moving average is $39.93 and its 200-day simple moving average is $41.37. The company has a market cap of $22.95 billion, a price-to-earnings ratio of 25.68, a PEG ratio of 2.07 and a beta of 0.48. The company has a current ratio of 0.56, a quick ratio of 0.46 and a debt-to-equity ratio of 1.58.

Institutional Investors Weigh In On FirstEnergy

Several institutional investors and hedge funds have recently made changes to their positions in FE. Empowered Funds LLC boosted its position in FirstEnergy by 10.3% in the third quarter. Empowered Funds LLC now owns 9,421 shares of the utilities provider’s stock valued at $418,000 after buying an additional 881 shares in the last quarter. Swiss National Bank raised its stake in shares of FirstEnergy by 0.3% in the third quarter. Swiss National Bank now owns 1,622,544 shares of the utilities provider’s stock valued at $71,960,000 after acquiring an additional 5,500 shares during the last quarter. Pathstone Holdings LLC boosted its holdings in shares of FirstEnergy by 2.3% in the 3rd quarter. Pathstone Holdings LLC now owns 34,555 shares of the utilities provider’s stock worth $1,533,000 after acquiring an additional 768 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in FirstEnergy during the 3rd quarter worth approximately $123,000. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in FirstEnergy during the 3rd quarter valued at $590,000. Institutional investors and hedge funds own 89.41% of the company’s stock.

FirstEnergy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Wednesday, May 7th will be issued a dividend of $0.445 per share. The ex-dividend date of this dividend is Wednesday, May 7th. This is a boost from FirstEnergy’s previous quarterly dividend of $0.43. This represents a $1.78 dividend on an annualized basis and a dividend yield of 4.47%. FirstEnergy’s dividend payout ratio (DPR) is presently 100.00%.

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.