FirstEnergy (FE) to Post Quarterly Earnings on Tuesday

FirstEnergy (NYSE:FE) is expected to be announcing its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.5020 per share and revenue of $3.5117 billion for the quarter. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 9:00 AM ET.

FirstEnergy (NYSE:FE) last posted its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.72. FirstEnergy had a return on equity of 10.66% and a net margin of 6.86%.The firm had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $3.80 billion. During the same period in the prior year, the business earned $0.67 EPS. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. On average, analysts expect FirstEnergy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

FirstEnergy Stock Up 0.8%

FirstEnergy stock opened at $49.91 on Friday. The company has a market capitalization of $28.87 billion, a PE ratio of 27.12, a PEG ratio of 2.39 and a beta of 0.47. FirstEnergy has a 12-month low of $41.30 and a 12-month high of $52.34. The firm’s fifty day moving average is $47.21 and its 200 day moving average is $48.10. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 1.87.

FirstEnergy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be paid a $0.465 dividend. This represents a $1.86 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Friday, August 7th. FirstEnergy’s payout ratio is 101.09%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. State of Wyoming acquired a new position in shares of FirstEnergy during the second quarter valued at about $25,000. DV Equities LLC bought a new position in FirstEnergy in the 4th quarter valued at about $33,000. Summit Securities Group LLC boosted its stake in FirstEnergy by 148.0% during the 4th quarter. Summit Securities Group LLC now owns 771 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 2,376 shares during the last quarter. WFA of San Diego LLC acquired a new position in FirstEnergy during the 2nd quarter valued at about $46,000. Finally, Headlands Technologies LLC bought a new stake in FirstEnergy during the 2nd quarter worth approximately $55,000. Institutional investors and hedge funds own 89.41% of the company’s stock.

More FirstEnergy News

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Wells Fargo initiated/maintained a Buy stance on FirstEnergy, signaling renewed analyst confidence in the utility’s outlook. FirstEnergy (FE) Receives a Buy from Wells Fargo
• Positive Sentiment: KeyCorp raised longer-term earnings estimates for FY2028, FY2029 and FY2030, suggesting expectations for steady earnings growth over time.
• Positive Sentiment: FirstEnergy declared a quarterly dividend of $0.465 per share with a roughly 3.8% annualized yield, reinforcing its appeal to income-focused investors.
• Neutral Sentiment: KeyCorp trimmed its FY2026 EPS estimate slightly to $2.72 from $2.73, but that is still close to the current consensus of $2.74 and does not materially change the near-term outlook.
• Neutral Sentiment: KeyCorp’s near-term quarter estimates imply mixed results, including Q2 EPS of $0.47 and Q3 EPS of $0.98, leaving investors focused on whether upcoming earnings can beat expectations.
• Neutral Sentiment: In a preview of upcoming results, analysts expect Q2 revenue to rise about 6.28% on load growth and grid investment, while EPS may decline modestly, a mixed but not alarming setup ahead of reporting. FirstEnergy to Report Q2 Earnings: What’s in Store for the Stock?

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FE shares. TD Cowen upgraded shares of FirstEnergy from a “hold” rating to a “buy” rating and dropped their price objective for the company from $56.00 to $53.00 in a report on Friday, May 15th. Wolfe Research downgraded FirstEnergy from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. New Street Research set a $52.00 target price on FirstEnergy in a research report on Tuesday, April 21st. Wells Fargo & Company reaffirmed an “overweight” rating and set a $55.00 price target on shares of FirstEnergy in a research note on Tuesday, April 21st. Finally, Barclays increased their price target on FirstEnergy from $53.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.92.

About FirstEnergy

FirstEnergy Corp. (NYSE: FE) is a U.S.-based electric utility holding company headquartered in Akron, Ohio. The company’s primary business is the delivery of electricity through its regulated transmission and distribution utilities, serving residential, commercial and industrial customers across parts of the Midwest and Mid‑Atlantic. FirstEnergy’s service territory includes states such as Ohio, Pennsylvania, New Jersey, Maryland and West Virginia, and it operates primarily within the PJM regional transmission organization.

FirstEnergy’s core activities center on owning and operating electric distribution networks and transmission systems, maintaining and upgrading grid infrastructure, managing storm response and restoration, and offering customer programs that include energy efficiency and reliability services.