Q1 EPS Estimates for FirstEnergy Boosted by Zacks Research

FirstEnergy Corp. (NYSE:FE) – Zacks Research raised their Q1 2026 earnings per share estimates for FirstEnergy in a research report issued on Tuesday, January 7th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $0.68 per share 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.

FirstEnergy (NYSE:FE) last issued its earnings results on Tuesday, October 29th. The utilities provider reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.05). FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%. The company had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.96 billion. During the same quarter in the prior year, the company posted $0.88 EPS. FirstEnergy’s revenue was up 6.9% compared to the same quarter last year.

Other analysts also recently issued research reports about the stock. Seaport Res Ptn downgraded shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. boosted their target price on shares of FirstEnergy from $45.00 to $46.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Jefferies Financial Group assumed coverage on FirstEnergy in a research report on Monday, October 14th. They set a “hold” rating and a $46.00 target price on the stock. Barclays raised their target price on FirstEnergy from $40.00 to $46.00 and gave the company an “equal weight” rating in a research report on Monday, October 7th. Finally, Argus raised FirstEnergy from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Friday, September 20th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $46.27.

FirstEnergy Stock Up 1.3 %

FirstEnergy stock opened at $39.81 on Friday. FirstEnergy has a twelve month low of $35.41 and a twelve month high of $44.97. The business has a fifty day moving average of $40.80 and a two-hundred day moving average of $41.70. The firm has a market cap of $22.94 billion, a P/E ratio of 25.68, a P/E/G ratio of 2.18 and a beta of 0.52. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Friday, February 7th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 4.27%. The ex-dividend date is Friday, February 7th. FirstEnergy’s dividend payout ratio (DPR) is 109.68%.

Institutional Trading of FirstEnergy

A number of institutional investors have recently made changes to their positions in FE. Allspring Global Investments Holdings LLC raised its holdings in FirstEnergy by 5.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 9,098,472 shares of the utilities provider’s stock worth $403,517,000 after acquiring an additional 457,231 shares during the period. Franklin Resources Inc. grew its holdings in shares of FirstEnergy by 1.0% during the third quarter. Franklin Resources Inc. now owns 3,546,001 shares of the utilities provider’s stock worth $153,081,000 after purchasing an additional 34,151 shares during the last quarter. 1832 Asset Management L.P. grew its holdings in FirstEnergy by 7.6% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,725,050 shares of the utilities provider’s stock worth $104,288,000 after acquiring an additional 193,540 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of FirstEnergy by 7.9% in 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 valued at $104,057,000 after purchasing an additional 171,955 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of FirstEnergy by 5.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,896,140 shares of the utilities provider’s stock valued at $72,570,000 after buying an additional 104,253 shares during the period. 89.41% of the stock is owned by institutional investors and hedge funds.

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.