Q1 EPS Estimates for FirstEnergy Decreased by Zacks Research

FirstEnergy Corp. (NYSE:FE) – Research analysts at Zacks Research cut their Q1 2025 EPS estimates for shares of FirstEnergy in a note issued to investors on Tuesday, March 18th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.60 per share for the quarter, down from their previous forecast 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.

FE has been the topic of several other research reports. KeyCorp cut their price target on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, December 4th. Morgan Stanley reduced their price target on shares of FirstEnergy from $52.00 to $48.00 and set an “overweight” rating on the stock in a research report on Thursday. Wolfe Research lowered shares of FirstEnergy from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 23rd. Wells Fargo & Company reduced their target price on FirstEnergy from $48.00 to $41.00 and set an “equal weight” rating on the stock in a report on Friday, February 28th. Finally, UBS Group raised their target price on FirstEnergy from $41.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday. One 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $45.00.

FirstEnergy Price Performance

FE opened at $39.62 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. The stock has a market capitalization of $22.85 billion, a PE ratio of 25.56, a price-to-earnings-growth ratio of 2.07 and a beta of 0.48. The stock’s 50 day moving average price is $39.95 and its 200-day moving average price is $41.34. FirstEnergy has a 52-week low of $36.81 and a 52-week high of $44.97.

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). FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%. The firm had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.53 billion.

Institutional Investors Weigh In On FirstEnergy

Hedge funds have recently added to or reduced their stakes in the stock. Balanced Wealth Group LLC lifted its holdings in shares of FirstEnergy by 0.9% in the fourth quarter. Balanced Wealth Group LLC now owns 26,991 shares of the utilities provider’s stock worth $1,074,000 after buying an additional 250 shares in the last quarter. Covestor Ltd increased its holdings in FirstEnergy by 69.3% in the 4th quarter. Covestor Ltd now owns 623 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 255 shares during the last quarter. Focus Partners Wealth lifted its stake in FirstEnergy by 1.4% in the 4th quarter. Focus Partners Wealth now owns 19,838 shares of the utilities provider’s stock worth $835,000 after purchasing an additional 272 shares in the last quarter. Quarry LP boosted its holdings in shares of FirstEnergy by 59.1% during the 3rd quarter. Quarry LP now owns 861 shares of the utilities provider’s stock valued at $38,000 after purchasing an additional 320 shares during the last quarter. Finally, Brooklyn Investment Group boosted its holdings in shares of FirstEnergy by 6.7% during the 4th quarter. Brooklyn Investment Group now owns 5,146 shares of the utilities provider’s stock valued at $205,000 after purchasing an additional 324 shares during the last quarter. 89.41% of the stock is currently owned by hedge funds and other institutional investors.

FirstEnergy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 1st. Investors of record on Wednesday, May 7th will be issued a $0.445 dividend. The ex-dividend date of this dividend is Wednesday, May 7th. This represents a $1.78 annualized dividend and a yield of 4.49%. This is a boost 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.