Q3 EPS Estimates for FirstEnergy Decreased by Zacks Research

FirstEnergy Corp. (NYSE:FE) – Analysts at Zacks Research lowered their Q3 2025 EPS estimates for FirstEnergy in a report released on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $0.86 per share for the quarter, down from their previous estimate of $0.87. The consensus estimate for FirstEnergy’s current full-year earnings is $2.68 per share.

FE has been the topic of several other reports. Scotiabank raised FirstEnergy from a “sector perform” rating to a “sector outperform” rating and upped their price target for the company from $45.00 to $50.00 in a research report on Thursday, December 12th. Seaport Res Ptn lowered shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. KeyCorp decreased their price target on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, December 4th. Jefferies Financial Group assumed coverage on shares of FirstEnergy in a research note on Monday, October 14th. They issued a “hold” rating and a $46.00 price objective on the stock. Finally, Barclays lifted their target price on shares of FirstEnergy from $40.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $46.27.

FirstEnergy Price Performance

Shares of NYSE:FE opened at $39.81 on Thursday. The company’s fifty day moving average is $40.80 and its two-hundred day moving average is $41.70. The company has a market cap of $22.94 billion, a P/E ratio of 25.68, a price-to-earnings-growth ratio of 2.18 and a beta of 0.52. FirstEnergy has a 12-month low of $35.41 and a 12-month high of $44.97. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 1.58.

FirstEnergy (NYSE:FE) last released 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 analysts’ expectations of $3.96 billion. FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%. The business’s revenue was up 6.9% on a year-over-year basis. During the same period last year, the business earned $0.88 earnings per share.

Hedge Funds Weigh In On FirstEnergy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Balanced Wealth Group LLC increased its position in FirstEnergy by 0.9% in the 3rd quarter. Balanced Wealth Group LLC now owns 26,741 shares of the utilities provider’s stock worth $1,186,000 after buying an additional 241 shares during the period. Sachetta LLC increased its holdings in shares of FirstEnergy by 36.0% during the 2nd quarter. Sachetta LLC now owns 929 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 246 shares during the period. Commonwealth Financial Services LLC raised its position in shares of FirstEnergy by 4.4% during the second quarter. Commonwealth Financial Services LLC now owns 5,869 shares of the utilities provider’s stock valued at $226,000 after buying an additional 249 shares during the last quarter. Metis Global Partners LLC lifted its stake in shares of FirstEnergy by 1.7% in the third quarter. Metis Global Partners LLC now owns 16,916 shares of the utilities provider’s stock valued at $750,000 after buying an additional 288 shares during the period. Finally, Quarry LP grew its position in FirstEnergy by 59.1% during the third quarter. Quarry LP now owns 861 shares of the utilities provider’s stock worth $38,000 after buying an additional 320 shares in the last quarter. Institutional investors and hedge funds own 89.41% of the company’s stock.

FirstEnergy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 7th will be paid a dividend of $0.425 per share. The ex-dividend date is Friday, February 7th. This represents a $1.70 annualized dividend and a dividend yield of 4.27%. FirstEnergy’s dividend payout ratio (DPR) is presently 109.68%.

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.