Zacks Research Has Positive View of FirstEnergy Q1 Earnings

FirstEnergy Corp. (NYSE:FE) – Investment analysts at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for shares of FirstEnergy in a research report issued to clients and investors on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the utilities provider will earn $0.68 per share for the quarter, up from their prior 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.

A number of other brokerages have also recently commented on FE. KeyCorp dropped their price target on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 4th. Scotiabank raised FirstEnergy from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $45.00 to $50.00 in a research report on Thursday, December 12th. Argus raised shares of FirstEnergy from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research report on Friday, September 20th. Morgan Stanley decreased their target price 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. Finally, JPMorgan Chase & Co. increased their price target on shares of FirstEnergy from $45.00 to $46.00 and gave the company a “neutral” rating in a report on Friday, October 18th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $46.27.

FirstEnergy Trading Down 2.6 %

NYSE:FE opened at $38.75 on Friday. FirstEnergy has a one year low of $35.41 and a one year high of $44.97. The company’s 50-day simple moving average is $40.74 and its 200 day simple moving average is $41.70. The firm has a market capitalization of $22.33 billion, a P/E ratio of 25.00, a PEG ratio of 2.18 and a beta of 0.52. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.56 and a quick ratio of 0.46.

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

FirstEnergy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Friday, February 7th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date of this dividend is Friday, February 7th. FirstEnergy’s payout ratio is 109.68%.

Institutional Investors Weigh In On FirstEnergy

Several large investors have recently added to or reduced their stakes in the stock. Livelsberger Financial Advisory bought a new stake in shares of FirstEnergy in the 3rd quarter worth about $26,000. True Wealth Design LLC lifted its stake in FirstEnergy by 4,571.4% in the third quarter. True Wealth Design LLC now owns 654 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 640 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in shares of FirstEnergy during the second quarter valued at approximately $32,000. Ashton Thomas Private Wealth LLC bought a new position in shares of FirstEnergy during the second quarter valued at approximately $38,000. Finally, Quarry LP raised its holdings in shares of FirstEnergy by 59.1% in the third quarter. Quarry LP now owns 861 shares of the utilities provider’s stock worth $38,000 after buying an additional 320 shares during the period. 89.41% of the stock is owned by institutional investors.

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.