Zacks Research Estimates FirstEnergy’s Q1 Earnings (NYSE:FE)

FirstEnergy Corp. (NYSE:FE) – Equities research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for FirstEnergy in a research report issued to clients and investors on Wednesday, April 2nd. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $0.58 per share for the quarter, down from their prior forecast of $0.60. 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 $0.59 EPS, Q3 2025 earnings at $0.83 EPS, FY2025 earnings at $2.80 EPS, Q1 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.92 EPS, Q4 2026 earnings at $0.83 EPS and FY2026 earnings at $3.00 EPS.

Other research analysts have also issued research reports about the stock. Wells Fargo & Company reduced their target price on shares of FirstEnergy from $48.00 to $41.00 and set an “equal weight” rating on the stock in a research note on Friday, February 28th. Wolfe Research lowered FirstEnergy from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 23rd. Morgan Stanley lowered their price target on FirstEnergy from $52.00 to $48.00 and set an “overweight” rating for the company in a research note on Thursday, March 20th. Scotiabank reduced their price objective on shares of FirstEnergy from $50.00 to $44.00 and set a “sector outperform” rating on the stock in a research note on Friday, February 28th. Finally, 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 research note on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $45.00.

FirstEnergy Stock Down 4.1 %

NYSE:FE opened at $39.38 on Friday. The stock’s fifty day moving average price is $39.97 and its two-hundred day moving average price is $41.02. The company has a market cap of $22.71 billion, a price-to-earnings ratio of 25.41, a P/E/G ratio of 2.07 and a beta of 0.48. FirstEnergy has a 52-week low of $36.81 and a 52-week high of $44.97. 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 (NYSE:FE) last announced 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 company 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%.

FirstEnergy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Investors of record on Wednesday, May 7th will be paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date of this dividend is Wednesday, May 7th. This is an increase from FirstEnergy’s previous quarterly dividend of $0.43. FirstEnergy’s payout ratio is 104.71%.

Institutional Investors Weigh In On FirstEnergy

Institutional investors and hedge funds have recently bought and sold shares of the company. Versant Capital Management Inc lifted its holdings in shares of FirstEnergy by 179.8% during the 1st quarter. Versant Capital Management Inc now owns 1,192 shares of the utilities provider’s stock worth $48,000 after acquiring an additional 766 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in FirstEnergy during the fourth quarter worth $4,253,000. Bernard Wealth Management Corp. acquired a new stake in shares of FirstEnergy in the 4th quarter valued at $33,000. Ascent Group LLC increased its stake in shares of 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. Finally, Mackenzie Financial Corp raised its holdings in shares of FirstEnergy by 4.3% during the 4th quarter. Mackenzie Financial Corp now owns 215,956 shares of the utilities provider’s stock worth $8,591,000 after buying an additional 8,871 shares in the last quarter. Institutional investors own 89.41% of the company’s stock.

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.