FirstEnergy Corp. (NYSE:FE – Free Report) – Equities research analysts at Zacks Research lowered their Q3 2025 earnings per share (EPS) estimates for shares of FirstEnergy in a research note issued to investors on Tuesday, January 7th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $0.86 per share for the quarter, down from their prior estimate of $0.87. The consensus estimate for FirstEnergy’s current full-year earnings is $2.68 per share.
Several other brokerages have also weighed in on FE. Scotiabank raised FirstEnergy from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the company from $45.00 to $50.00 in a report on Thursday, December 12th. Barclays lifted their price objective on FirstEnergy from $40.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Seaport Res Ptn downgraded shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. JPMorgan Chase & Co. lifted their target price on shares of FirstEnergy from $45.00 to $46.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Finally, Morgan Stanley cut their price objective on shares of FirstEnergy from $52.00 to $50.00 and set an “overweight” rating for the company in a report on Friday, November 22nd. 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $46.27.
FirstEnergy Trading Up 1.3 %
Shares of FirstEnergy stock opened at $39.81 on Thursday. The stock has a fifty day moving average price of $40.84 and a 200-day moving average price of $41.71. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.56 and a quick ratio of 0.46. The firm has a market cap of $22.94 billion, a PE ratio of 25.68, a P/E/G ratio of 2.18 and a beta of 0.52. FirstEnergy has a 1 year low of $35.41 and a 1 year high of $44.97.
FirstEnergy (NYSE:FE – Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The utilities provider reported $0.85 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.05). FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. The firm had revenue of $3.73 billion during the quarter, compared to analysts’ expectations of $3.96 billion. During the same quarter last year, the business posted $0.88 EPS. The company’s quarterly revenue was up 6.9% on a year-over-year basis.
Institutional Investors Weigh In On FirstEnergy
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FE. Balanced Wealth Group LLC grew its position in shares of FirstEnergy by 0.9% in the 3rd quarter. Balanced Wealth Group LLC now owns 26,741 shares of the utilities provider’s stock worth $1,186,000 after buying an additional 241 shares during the last quarter. Sachetta LLC boosted its holdings in FirstEnergy by 36.0% in the second quarter. Sachetta LLC now owns 929 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 246 shares in the last quarter. Commonwealth Financial Services LLC boosted its holdings in FirstEnergy by 4.4% in the second quarter. Commonwealth Financial Services LLC now owns 5,869 shares of the utilities provider’s stock valued at $226,000 after acquiring an additional 249 shares in the last quarter. Metis Global Partners LLC increased its position in FirstEnergy by 1.7% during the 3rd quarter. Metis Global Partners LLC now owns 16,916 shares of the utilities provider’s stock valued at $750,000 after purchasing an additional 288 shares during the period. Finally, Quarry LP raised its holdings in FirstEnergy by 59.1% in the 3rd quarter. Quarry LP now owns 861 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 320 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors.
FirstEnergy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 7th will be paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.27%. The ex-dividend date is Friday, February 7th. FirstEnergy’s dividend payout ratio (DPR) is presently 109.68%.
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.
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