KeyCorp Weighs in on FirstEnergy’s Q3 Earnings (NYSE:FE)

FirstEnergy Corporation (NYSE:FE) – Equities research analysts at KeyCorp issued their Q3 2025 earnings per share (EPS) estimates for shares of FirstEnergy in a research note issued on Wednesday, October 15th. KeyCorp analyst S. Karp expects that the utilities provider will post earnings of $0.77 per share for the quarter. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. KeyCorp also issued estimates for FirstEnergy’s Q4 2025 earnings at $0.59 EPS and FY2029 earnings at $3.37 EPS.

A number of other research firms have also issued reports on FE. Morgan Stanley decreased their price objective on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Scotiabank restated an “outperform” rating on shares of FirstEnergy in a research note on Wednesday, October 8th. Citigroup started coverage on FirstEnergy in a research note on Tuesday, October 7th. They issued a “buy” rating and a $53.00 target price on the stock. UBS Group set a $44.00 target price on FirstEnergy and gave the stock a “neutral” rating in a research note on Tuesday, June 24th. Finally, Mizuho upped their target price on FirstEnergy from $43.00 to $45.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. Seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $46.91.

FirstEnergy Stock Performance

NYSE:FE opened at $47.00 on Friday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.51 and a current ratio of 0.61. FirstEnergy has a 52-week low of $37.58 and a 52-week high of $47.99. The firm has a market cap of $27.14 billion, a price-to-earnings ratio of 20.80, a PEG ratio of 3.17 and a beta of 0.52. The business’s fifty day moving average is $44.46 and its 200 day moving average is $42.35.

FirstEnergy (NYSE:FE) last released its quarterly earnings data 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. FirstEnergy had a return on equity of 11.31% and a net margin of 9.31%.The company had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.45 billion. During the same period in the previous year, the company posted $0.56 EPS. FirstEnergy has set its FY 2025 guidance at 2.400-2.600 EPS.

Hedge Funds Weigh In On FirstEnergy

A number of large investors have recently modified their holdings of FE. Brighton Jones LLC purchased a new position in shares of FirstEnergy during the 4th quarter valued at about $256,000. Exchange Traded Concepts LLC raised its holdings in shares of FirstEnergy by 15.5% during the 1st quarter. Exchange Traded Concepts LLC now owns 28,342 shares of the utilities provider’s stock valued at $1,146,000 after buying an additional 3,800 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of FirstEnergy by 15.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 105,986 shares of the utilities provider’s stock valued at $4,284,000 after buying an additional 13,976 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in shares of FirstEnergy by 2.7% during the 1st quarter. State of Alaska Department of Revenue now owns 60,079 shares of the utilities provider’s stock valued at $2,428,000 after buying an additional 1,585 shares in the last quarter. Finally, Johnson Investment Counsel Inc. raised its holdings in shares of FirstEnergy by 3.8% during the 1st quarter. Johnson Investment Counsel Inc. now owns 9,983 shares of the utilities provider’s stock valued at $403,000 after buying an additional 366 shares in the last quarter. 89.41% of the stock is owned by hedge funds and other institutional investors.

FirstEnergy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be issued a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, November 7th. FirstEnergy’s dividend payout ratio (DPR) is currently 78.76%.

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.