Zacks Research Has Positive View of FirstEnergy Q1 Earnings

FirstEnergy Corp. (NYSE:FE) – Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for shares of FirstEnergy in a research note issued on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $0.68 for the quarter, up from their previous forecast of $0.67. The consensus estimate for FirstEnergy’s current full-year earnings is $2.68 per share. Zacks Research also issued estimates for FirstEnergy’s Q2 2026 earnings at $0.63 EPS and Q3 2026 earnings at $0.94 EPS.

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

FE has been the subject of a number of other research reports. Barclays lifted their price target on FirstEnergy from $40.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Morgan Stanley reduced their price target on FirstEnergy from $52.00 to $50.00 and set an “overweight” rating for the company in a report on Friday, November 22nd. Jefferies Financial Group initiated coverage on FirstEnergy in a report on Monday, October 14th. They set a “hold” rating and a $46.00 price target for the company. Scotiabank upgraded FirstEnergy from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $45.00 to $50.00 in a report on Thursday, December 12th. Finally, Seaport Res Ptn cut FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $46.27.

FirstEnergy Trading Down 2.6 %

FirstEnergy stock opened at $38.75 on Friday. FirstEnergy has a 52 week low of $35.41 and a 52 week high of $44.97. 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 capitalization of $22.33 billion, a P/E ratio of 25.00, a PEG ratio of 2.18 and a beta of 0.52. The stock has a 50-day simple moving average of $40.74 and a 200 day simple moving average of $41.72.

FirstEnergy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Friday, February 7th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 4.39%. The ex-dividend date of this dividend is Friday, February 7th. FirstEnergy’s dividend payout ratio (DPR) is currently 109.68%.

Institutional Investors Weigh In On FirstEnergy

Several institutional investors have recently made changes to their positions in the stock. Private Advisor Group LLC lifted its stake in FirstEnergy by 4.1% during the second quarter. Private Advisor Group LLC now owns 23,189 shares of the utilities provider’s stock worth $887,000 after purchasing an additional 911 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in FirstEnergy during the 2nd quarter worth about $596,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of FirstEnergy in the 2nd quarter valued at about $38,000. Wedbush Securities Inc. grew its stake in shares of FirstEnergy by 5.7% in the 2nd quarter. Wedbush Securities Inc. now owns 6,062 shares of the utilities provider’s stock valued at $232,000 after buying an additional 327 shares during the period. Finally, Choreo LLC acquired a new stake in shares of FirstEnergy in the 2nd quarter valued at about $430,000. 89.41% of the stock is currently owned by institutional investors.

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.