Q1 EPS Estimates for FirstEnergy Raised by Zacks Research

FirstEnergy Corporation (NYSE:FE) – Zacks Research boosted their Q1 2026 earnings per share estimates for shares of FirstEnergy in a report released on Tuesday, September 2nd. Zacks Research analyst Team now anticipates that the utilities provider will earn $0.72 per share for the quarter, up from their previous estimate of $0.70. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy’s Q2 2026 earnings at $0.53 EPS, FY2026 earnings at $2.68 EPS, Q2 2027 earnings at $0.58 EPS and FY2027 earnings at $2.89 EPS.

FirstEnergy (NYSE:FE) last released its earnings results on Wednesday, July 30th. The utilities provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $3.40 billion during the quarter, compared to analysts’ expectations of $3.45 billion. FirstEnergy had a return on equity of 11.31% and a net margin of 9.31%.During the same period in the prior year, the business posted $0.56 EPS. FirstEnergy has set its FY 2025 guidance at 2.400-2.600 EPS.

Several other equities analysts have also recently issued reports on the company. KeyCorp restated an “overweight” rating and set a $46.00 price objective (down from $47.00) on shares of FirstEnergy in a research note on Wednesday, July 16th. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a research note on Thursday, August 21st. UBS Group set a $44.00 price objective on FirstEnergy and gave the stock a “neutral” rating in a research note on Tuesday, June 24th. Barclays upgraded FirstEnergy from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $43.00 to $49.00 in a research note on Monday, August 25th. Finally, Mizuho raised their price objective on FirstEnergy from $43.00 to $45.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. Seven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, FirstEnergy presently has an average rating of “Hold” and a consensus price target of $46.31.

FirstEnergy Stock Performance

FirstEnergy stock opened at $43.44 on Thursday. The stock has a market cap of $25.08 billion, a P/E ratio of 19.22, a price-to-earnings-growth ratio of 2.67 and a beta of 0.50. The company has a current ratio of 0.61, a quick ratio of 0.51 and a debt-to-equity ratio of 1.68. The stock has a 50 day moving average of $42.19 and a 200-day moving average of $41.27. FirstEnergy has a 52 week low of $37.58 and a 52 week high of $44.78.

Institutional Investors Weigh In On FirstEnergy

Hedge funds have recently added to or reduced their stakes in the stock. State of Wyoming bought a new stake in shares of FirstEnergy during the second quarter valued at about $25,000. Investment Research & Advisory Group Inc. bought a new stake in shares of FirstEnergy during the second quarter valued at about $26,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of FirstEnergy during the second quarter valued at about $26,000. N.E.W. Advisory Services LLC bought a new stake in shares of FirstEnergy during the first quarter valued at about $27,000. Finally, Capital Advisors Ltd. LLC raised its position in FirstEnergy by 186.4% in the second quarter. Capital Advisors Ltd. LLC now owns 676 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 440 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors.

FirstEnergy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Thursday, August 7th were paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Thursday, August 7th. FirstEnergy’s dividend payout ratio (DPR) is presently 78.76%.

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.