Q4 EPS Estimates for FirstEnergy Reduced by Zacks Research

FirstEnergy Corporation (NYSE:FE) – Research analysts at Zacks Research cut their Q4 2026 earnings per share estimates for FirstEnergy in a research note issued on Tuesday, September 2nd. Zacks Research analyst Team now anticipates that the utilities provider will earn $0.59 per share for the quarter, down from their prior estimate of $0.60. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share.

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

FirstEnergy Trading Down 0.1%

NYSE FE opened at $43.44 on Friday. FirstEnergy has a 12 month low of $37.58 and a 12 month high of $44.78. The stock has a market cap of $25.08 billion, a P/E ratio of 19.22, a P/E/G ratio of 2.67 and a beta of 0.50. The stock’s fifty day moving average price is $42.19 and its 200-day moving average price is $41.27. The company has a current ratio of 0.61, a quick ratio of 0.51 and a debt-to-equity ratio of 1.68.

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. SageView Advisory Group LLC lifted its holdings in FirstEnergy by 2.3% in the second quarter. SageView Advisory Group LLC now owns 10,253 shares of the utilities provider’s stock valued at $425,000 after acquiring an additional 233 shares during the period. CWM LLC lifted its holdings in FirstEnergy by 2.0% in the second quarter. CWM LLC now owns 12,044 shares of the utilities provider’s stock valued at $485,000 after acquiring an additional 240 shares during the period. Kohmann Bosshard Financial Services LLC lifted its holdings in FirstEnergy by 0.5% in the second quarter. Kohmann Bosshard Financial Services LLC now owns 48,454 shares of the utilities provider’s stock valued at $1,951,000 after acquiring an additional 241 shares during the period. Manchester Capital Management LLC lifted its holdings in FirstEnergy by 15.2% in the second quarter. Manchester Capital Management LLC now owns 1,834 shares of the utilities provider’s stock valued at $74,000 after acquiring an additional 242 shares during the period. Finally, Quadcap Wealth Management LLC lifted its holdings in FirstEnergy by 0.8% in the second quarter. Quadcap Wealth Management LLC now owns 31,010 shares of the utilities provider’s stock valued at $1,248,000 after acquiring an additional 246 shares during the period. Institutional investors own 89.41% of the company’s stock.

FirstEnergy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Thursday, August 7th were issued a $0.445 dividend. The ex-dividend date of this dividend was Thursday, August 7th. This represents a $1.78 dividend on an annualized basis and a yield of 4.1%. 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.