FirstEnergy Corp. (NYSE:FE – Free Report) – Analysts at Zacks Research dropped their Q3 2025 earnings estimates for FirstEnergy in a report released on Tuesday, February 4th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.85 per share for the quarter, down from their prior forecast 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.
Several other analysts have also recently commented on the company. Jefferies Financial Group assumed coverage on FirstEnergy in a research report on Monday, October 14th. They set a “hold” rating and a $46.00 price target for the company. Morgan Stanley decreased their price objective on shares of FirstEnergy from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. KeyCorp dropped their price target on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, December 4th. Scotiabank upgraded shares of FirstEnergy from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the stock from $45.00 to $50.00 in a report on Thursday, December 12th. Finally, Wolfe Research cut FirstEnergy from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $46.27.
FirstEnergy Stock Performance
Shares of NYSE FE opened at $40.23 on Thursday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.46 and a current ratio of 0.56. FirstEnergy has a 1 year low of $35.41 and a 1 year high of $44.97. The company’s fifty day moving average price is $40.10 and its 200 day moving average price is $41.85. The company has a market capitalization of $23.18 billion, a PE ratio of 25.95, a price-to-earnings-growth ratio of 1.99 and a beta of 0.52.
FirstEnergy Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 7th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 4.23%. The ex-dividend date of this dividend is Friday, February 7th. FirstEnergy’s payout ratio is currently 109.68%.
Institutional Trading of FirstEnergy
A number of institutional investors and hedge funds have recently modified their holdings of the business. Livelsberger Financial Advisory bought a new position in shares of FirstEnergy during the third quarter worth about $26,000. Kestra Investment Management LLC acquired a new stake in shares of FirstEnergy in the fourth quarter valued at approximately $26,000. True Wealth Design LLC raised its holdings 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 valued at $29,000 after buying an additional 640 shares during the last quarter. WASHINGTON TRUST Co boosted its position in shares of FirstEnergy by 293.0% during the fourth quarter. WASHINGTON TRUST Co now owns 786 shares of the utilities provider’s stock worth $31,000 after buying an additional 586 shares during the period. Finally, SBI Securities Co. Ltd. bought a new position in FirstEnergy in the 4th quarter worth approximately $33,000. 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.
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