FY2025 EPS Estimates for FirstEnergy Reduced by Analyst

FirstEnergy Corp. (NYSE:FE) – Equities researchers at Zacks Research dropped their FY2025 earnings per share estimates for shares of FirstEnergy in a research report issued to clients and investors on Wednesday, May 14th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $2.59 per share for the year, down from their prior estimate of $2.68. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy’s Q4 2025 earnings at $0.49 EPS, Q4 2026 earnings at $0.60 EPS and FY2027 earnings at $3.05 EPS.

FE has been the topic of a number of other research reports. Wells Fargo & Company boosted their target price on FirstEnergy from $41.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Friday, April 25th. UBS Group boosted their target price on FirstEnergy from $41.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, March 21st. Bank of America upgraded FirstEnergy from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $42.00 to $45.00 in a research note on Wednesday, April 23rd. Morgan Stanley reiterated an “overweight” rating on shares of FirstEnergy in a research note on Wednesday, April 23rd. Finally, Guggenheim upped their price objective on FirstEnergy from $45.00 to $47.00 and gave the company a “buy” rating in a research note on Monday, April 7th. Nine investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $46.00.

FirstEnergy Price Performance

Shares of NYSE FE opened at $42.67 on Friday. FirstEnergy has a twelve month low of $37.58 and a twelve month high of $44.97. The stock’s 50 day moving average price is $40.88 and its 200-day moving average price is $40.60. The company has a market capitalization of $24.62 billion, a PE ratio of 27.53, a PEG ratio of 2.07 and a beta of 0.42. 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 announced its earnings results on Wednesday, April 23rd. The utilities provider reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.07. FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%. The firm had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.68 billion. During the same quarter in the previous year, the business earned $0.55 EPS. The company’s revenue was up 14.5% compared to the same quarter last year.

FirstEnergy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Investors of record on Wednesday, May 7th will be paid a dividend of $0.445 per share. This is a boost from FirstEnergy’s previous quarterly dividend of $0.43. This represents a $1.78 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend is Wednesday, May 7th. FirstEnergy’s payout ratio is currently 94.68%.

Insider Activity at FirstEnergy

In other FirstEnergy news, CFO Jon Taylor K. sold 12,000 shares of the business’s stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $43.03, for a total value of $516,360.00. Following the sale, the chief financial officer now directly owns 99,919 shares in the company, valued at approximately $4,299,514.57. The trade was a 10.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.17% of the company’s stock.

Institutional Investors Weigh In On FirstEnergy

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Covestor Ltd increased its stake in FirstEnergy by 69.3% in the 4th quarter. Covestor Ltd now owns 623 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 255 shares in the last quarter. Kestra Investment Management LLC purchased a new position in FirstEnergy in the 4th quarter worth about $26,000. Lee Danner & Bass Inc. purchased a new position in FirstEnergy in the 4th quarter worth about $26,000. N.E.W. Advisory Services LLC purchased a new position in FirstEnergy in the 1st quarter worth about $27,000. Finally, TruNorth Capital Management LLC increased its stake in FirstEnergy by 226.9% in the 1st quarter. TruNorth Capital Management LLC now owns 706 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 490 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors.

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.