Zacks Research Forecasts FirstEnergy’s Q1 Earnings (NYSE:FE)

FirstEnergy Corp. (NYSE:FE) – Investment analysts at Zacks Research lowered their Q1 2025 earnings estimates for shares of FirstEnergy in a research note issued on Tuesday, March 18th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $0.60 per share for the quarter, down from their prior estimate of $0.61. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy’s Q2 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.82 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.66 EPS and FY2027 earnings at $3.34 EPS.

Several other research firms have also commented on FE. Scotiabank reduced their target price on shares of FirstEnergy from $50.00 to $44.00 and set a “sector outperform” rating on the stock in a report on Friday, February 28th. Morgan Stanley decreased their price objective on FirstEnergy from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. KeyCorp dropped their target price on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, December 4th. Wolfe Research cut FirstEnergy from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 23rd. Finally, Guggenheim dropped their price objective on FirstEnergy from $52.00 to $45.00 and set a “buy” rating for the company in a research note on Friday, February 28th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, FirstEnergy has a consensus rating of “Hold” and a consensus price target of $45.33.

FirstEnergy Stock Down 0.8 %

Shares of FE opened at $39.58 on Thursday. The firm has a market cap of $22.82 billion, a P/E ratio of 25.53, a P/E/G ratio of 2.07 and a beta of 0.48. FirstEnergy has a 1 year low of $36.81 and a 1 year high of $44.97. The stock has a 50 day simple moving average of $39.93 and a two-hundred day simple moving average of $41.38. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.56 and a quick ratio of 0.46.

FirstEnergy (NYSE:FE) last posted its quarterly earnings data on Wednesday, February 26th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). The firm had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.53 billion. FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%.

Institutional Investors Weigh In On FirstEnergy

A number of institutional investors have recently modified their holdings of FE. Vanguard Group Inc. boosted its stake in FirstEnergy by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 65,843,901 shares of the utilities provider’s stock worth $2,619,270,000 after purchasing an additional 508,570 shares in the last quarter. Boston Partners increased its position in shares of FirstEnergy by 73.5% during the fourth quarter. Boston Partners now owns 16,503,080 shares of the utilities provider’s stock valued at $656,309,000 after acquiring an additional 6,991,866 shares in the last quarter. Geode Capital Management LLC raised its holdings in FirstEnergy by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 12,527,440 shares of the utilities provider’s stock worth $497,009,000 after acquiring an additional 329,049 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in FirstEnergy by 2.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,318,905 shares of the utilities provider’s stock valued at $371,911,000 after acquiring an additional 220,433 shares in the last quarter. Finally, Soroban Capital Partners LP lifted its position in FirstEnergy by 60.2% in the 4th quarter. Soroban Capital Partners LP now owns 8,340,760 shares of the utilities provider’s stock valued at $331,795,000 after acquiring an additional 3,133,083 shares in the last quarter. 89.41% of the stock is owned by hedge funds and other institutional investors.

FirstEnergy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders 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 yield of 4.50%. FirstEnergy’s payout ratio is presently 100.00%.

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.