Q1 EPS Estimates for FirstEnergy Increased by Zacks Research

FirstEnergy Corporation (NYSE:FE) – Stock analysts at Zacks Research upped their Q1 2026 earnings estimates for FirstEnergy in a research report issued on Tuesday, September 2nd. Zacks Research analyst Team now forecasts that the utilities provider will post earnings of $0.72 per share for the quarter, up from their prior forecast of $0.70. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy’s Q2 2026 earnings at $0.53 EPS, FY2026 earnings at $2.68 EPS, Q2 2027 earnings at $0.58 EPS and FY2027 earnings at $2.89 EPS.

A number of other research analysts also recently issued reports on the stock. Mizuho boosted their target price on shares of FirstEnergy from $43.00 to $45.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a research report on Thursday, August 21st. Barclays upgraded shares of FirstEnergy from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $43.00 to $49.00 in a research report on Monday, August 25th. UBS Group set a $44.00 price objective on shares of FirstEnergy and gave the stock a “neutral” rating in a research report on Tuesday, June 24th. Finally, KeyCorp reiterated an “overweight” rating and issued a $46.00 price objective (down previously from $47.00) on shares of FirstEnergy in a research report on Wednesday, July 16th. Seven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, FirstEnergy has an average rating of “Hold” and an average target price of $46.31.

FirstEnergy Trading Up 0.1%

NYSE FE opened at $43.47 on Thursday. The company has a market capitalization of $25.10 billion, a PE ratio of 19.23, a P/E/G ratio of 2.67 and a beta of 0.50. The company has a fifty day moving average of $42.12 and a 200 day moving average of $41.25. FirstEnergy has a 1 year low of $37.58 and a 1 year high of $44.97. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.61 and a quick ratio of 0.51.

FirstEnergy (NYSE:FE) last posted its earnings results on Wednesday, July 30th. The utilities provider reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The company had revenue of $3.40 billion during the quarter, compared to the consensus estimate of $3.45 billion. FirstEnergy had a net margin of 9.31% and a return on equity of 11.31%. During the same period in the previous year, the firm posted $0.56 earnings per share. FirstEnergy has set its FY 2025 guidance at 2.400-2.600 EPS.

Institutional Trading of FirstEnergy

Several large investors have recently bought and sold shares of the business. Osaic Holdings Inc. grew its stake in FirstEnergy by 77.3% during the 2nd quarter. Osaic Holdings Inc. now owns 162,782 shares of the utilities provider’s stock valued at $6,565,000 after acquiring an additional 70,996 shares in the last quarter. Orion Porfolio Solutions LLC grew its stake in FirstEnergy by 79.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 13,169 shares of the utilities provider’s stock valued at $530,000 after acquiring an additional 5,811 shares in the last quarter. Advisory Services Network LLC purchased a new stake in FirstEnergy during the 2nd quarter valued at about $482,000. State of Wyoming purchased a new stake in FirstEnergy during the 2nd quarter valued at about $25,000. Finally, Tyler Stone Wealth Management grew its stake in FirstEnergy by 44.7% during the 2nd quarter. Tyler Stone Wealth Management now owns 32,427 shares of the utilities provider’s stock valued at $1,305,000 after acquiring an additional 10,010 shares in the last quarter. Hedge funds and other institutional investors own 89.41% of the company’s stock.

FirstEnergy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Thursday, August 7th were paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, August 7th. FirstEnergy’s dividend payout ratio is currently 78.76%.

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.