Zacks Research Has Positive View of FirstEnergy Q1 Earnings

FirstEnergy Corp. (NYSE:FEFree Report) – Zacks Research increased their Q1 2025 earnings per share estimates for FirstEnergy in a research note issued on Thursday, December 12th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $0.62 for the quarter, up from their prior forecast of $0.61. The consensus estimate for FirstEnergy’s current full-year earnings is $2.68 per share. Zacks Research also issued estimates for FirstEnergy’s Q4 2025 earnings at $0.79 EPS and Q1 2026 earnings at $0.67 EPS.

FirstEnergy (NYSE:FEGet Free Report) last announced its earnings results on Tuesday, October 29th. The utilities provider reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.05). FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. The company had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.96 billion. During the same period in the previous year, the firm posted $0.88 EPS. The company’s revenue for the quarter was up 6.9% on a year-over-year basis.

Several other equities research analysts have also weighed in on the company. Argus upgraded FirstEnergy from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research report on Friday, September 20th. KeyCorp cut their price objective on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, December 4th. Scotiabank upgraded FirstEnergy from a “sector perform” rating to a “sector outperform” rating and raised their price target for the company from $45.00 to $50.00 in a report on Thursday. Barclays raised their price objective on shares of FirstEnergy from $40.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Finally, Jefferies Financial Group assumed coverage on shares of FirstEnergy in a report on Monday, October 14th. They set a “hold” rating and a $46.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, FirstEnergy currently has a consensus rating of “Hold” and an average target price of $46.27.

View Our Latest Report on FirstEnergy

FirstEnergy Stock Performance

FirstEnergy stock opened at $40.27 on Monday. FirstEnergy has a fifty-two week low of $35.41 and a fifty-two week high of $44.97. The stock’s 50 day simple moving average is $42.13 and its two-hundred day simple moving average is $41.63. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.46 and a current ratio of 0.56. The stock has a market cap of $23.21 billion, a price-to-earnings ratio of 25.98, a PEG ratio of 2.17 and a beta of 0.51.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FE. Assenagon Asset Management S.A. increased its stake in shares of FirstEnergy by 1,417.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 743,303 shares of the utilities provider’s stock worth $32,965,000 after purchasing an additional 694,313 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in FirstEnergy by 5.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 9,098,472 shares of the utilities provider’s stock valued at $403,517,000 after purchasing an additional 457,231 shares during the period. Point72 Asset Management L.P. purchased a new stake in FirstEnergy in the second quarter worth about $14,933,000. Los Angeles Capital Management LLC raised its stake in shares of FirstEnergy by 1,178.5% in the second quarter. Los Angeles Capital Management LLC now owns 286,824 shares of the utilities provider’s stock worth $10,977,000 after buying an additional 264,389 shares during the period. Finally, International Assets Investment Management LLC lifted its position in shares of FirstEnergy by 4,445.0% during the 3rd quarter. International Assets Investment Management LLC now owns 219,434 shares of the utilities provider’s stock valued at $9,732,000 after buying an additional 214,606 shares in the last quarter. 89.41% of the stock is owned by hedge funds and other institutional investors.

FirstEnergy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Thursday, November 7th were paid a dividend of $0.425 per share. The ex-dividend date was Thursday, November 7th. This represents a $1.70 dividend on an annualized basis and a yield of 4.22%. FirstEnergy’s dividend payout ratio is presently 109.68%.

FirstEnergy Company Profile

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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.

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Earnings History and Estimates for FirstEnergy (NYSE:FE)

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