Q1 EPS Estimates for FirstEnergy Cut by Zacks Research

FirstEnergy Corp. (NYSE:FE) – Investment analysts at Zacks Research decreased their Q1 2025 earnings estimates for FirstEnergy in a report issued on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $0.60 per share for the quarter, down from their previous estimate of $0.61. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy’s Q2 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.82 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.66 EPS and FY2027 earnings at $3.34 EPS.

FirstEnergy (NYSE:FE) last posted its earnings results on Wednesday, February 26th. The utilities provider reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). The business had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.53 billion. FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%.

A number of other equities analysts have also recently commented on FE. Morgan Stanley dropped their target price on FirstEnergy from $52.00 to $48.00 and set an “overweight” rating for the company in a report on Thursday. KeyCorp cut their price objective on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 4th. Guggenheim lowered their target price on shares of FirstEnergy from $52.00 to $45.00 and set a “buy” rating for the company in a report on Friday, February 28th. Wells Fargo & Company dropped their price target on shares of FirstEnergy from $48.00 to $41.00 and set an “equal weight” rating for the company in a research note on Friday, February 28th. Finally, UBS Group increased their price objective on shares of FirstEnergy from $41.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $45.00.

FirstEnergy Trading Down 0.5 %

FE opened at $39.62 on Thursday. FirstEnergy has a 12 month low of $36.81 and a 12 month high of $44.97. The company has a current ratio of 0.56, a quick ratio of 0.46 and a debt-to-equity ratio of 1.58. The stock has a 50-day moving average of $39.95 and a 200 day moving average of $41.34. The firm has a market cap of $22.85 billion, a P/E ratio of 25.56, a P/E/G ratio of 2.07 and a beta of 0.48.

Institutional Trading of FirstEnergy

Hedge funds have recently bought and sold shares of the stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in FirstEnergy in the fourth quarter worth about $4,253,000. Bernard Wealth Management Corp. purchased a new stake in shares of FirstEnergy during the fourth quarter worth about $33,000. Ascent Group LLC raised its stake in FirstEnergy by 2.5% in the 4th quarter. Ascent Group LLC now owns 39,823 shares of the utilities provider’s stock valued at $1,584,000 after purchasing an additional 958 shares during the last quarter. Mackenzie Financial Corp lifted its stake in FirstEnergy by 4.3% in the 4th quarter. Mackenzie Financial Corp now owns 215,956 shares of the utilities provider’s stock worth $8,591,000 after purchasing an additional 8,871 shares in the last quarter. Finally, Vise Technologies Inc. purchased a new position in shares of FirstEnergy during the 4th quarter worth $206,000. Hedge funds and other institutional investors own 89.41% of the company’s stock.

FirstEnergy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Wednesday, May 7th will be paid a dividend of $0.445 per share. The ex-dividend date is Wednesday, May 7th. This represents a $1.78 annualized dividend and a dividend yield of 4.49%. This is a positive change from FirstEnergy’s previous quarterly dividend of $0.43. FirstEnergy’s dividend payout ratio (DPR) is currently 100.00%.

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.