Analysts Offer Predictions for FirstEnergy Q3 Earnings

FirstEnergy Corp. (NYSE:FEFree Report) – Stock analysts at Zacks Research lowered their Q3 2025 earnings estimates for FirstEnergy in a report issued on Tuesday, November 19th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.92 per share for the quarter, down from their prior forecast of $0.93. The consensus estimate for FirstEnergy’s current full-year earnings is $2.69 per share. Zacks Research also issued estimates for FirstEnergy’s Q1 2026 earnings at $0.68 EPS and Q2 2026 earnings at $0.62 EPS.

FirstEnergy (NYSE:FEGet Free Report) last issued its earnings results on Tuesday, October 29th. The utilities provider reported $0.85 earnings per share for the quarter, missing the consensus estimate 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%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.88 EPS.

Other equities research analysts have also issued reports about the stock. Seaport Res Ptn lowered shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. JPMorgan Chase & Co. lifted 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. Bank of America increased their price objective on shares of FirstEnergy from $42.00 to $43.00 and gave the company an “underperform” rating in a report on Thursday, August 29th. Jefferies Financial Group assumed coverage on FirstEnergy in a report on Monday, October 14th. They issued a “hold” rating and a $46.00 target price on the stock. Finally, Scotiabank boosted their target price on FirstEnergy from $40.00 to $45.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, FirstEnergy currently has a consensus rating of “Hold” and an average price target of $45.91.

Get Our Latest Stock Analysis on FirstEnergy

FirstEnergy Stock Performance

NYSE:FE opened at $41.80 on Friday. The stock has a 50-day moving average price of $42.87 and a 200 day moving average price of $41.42. The company has a current ratio of 0.56, a quick ratio of 0.46 and a debt-to-equity ratio of 1.58. FirstEnergy has a 12-month low of $35.41 and a 12-month high of $44.97. The stock has a market capitalization of $24.09 billion, a P/E ratio of 26.97, a P/E/G ratio of 2.24 and a beta of 0.51.

FirstEnergy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Investors of record on Thursday, November 7th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, November 7th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.07%. FirstEnergy’s dividend payout ratio is presently 109.68%.

Hedge Funds Weigh In On FirstEnergy

Several hedge funds have recently bought and sold shares of the business. Assenagon Asset Management S.A. grew its holdings in shares of FirstEnergy by 1,417.3% in the third quarter. Assenagon Asset Management S.A. now owns 743,303 shares of the utilities provider’s stock worth $32,965,000 after purchasing an additional 694,313 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of FirstEnergy by 5.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 9,098,472 shares of the utilities provider’s stock valued at $403,517,000 after purchasing an additional 457,231 shares during the period. Point72 Asset Management L.P. purchased a new position in FirstEnergy during the 2nd quarter worth $14,933,000. Los Angeles Capital Management LLC raised its position in FirstEnergy by 1,178.5% during the 2nd quarter. Los Angeles Capital Management LLC now owns 286,824 shares of the utilities provider’s stock valued at $10,977,000 after purchasing an additional 264,389 shares in the last quarter. Finally, Boston Partners lifted its holdings in shares of FirstEnergy by 2.3% in the 1st quarter. Boston Partners now owns 9,517,314 shares of the utilities provider’s stock worth $367,423,000 after buying an additional 218,165 shares during the period. Institutional investors own 89.41% of the company’s stock.

About FirstEnergy

(Get Free Report)

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.

See Also

Earnings History and Estimates for FirstEnergy (NYSE:FE)

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