Zacks Research Predicts Reduced Earnings for FirstEnergy

FirstEnergy Corp. (NYSE:FE) – Investment analysts at Zacks Research lowered their Q3 2025 EPS estimates for FirstEnergy in a research note issued on Tuesday, February 4th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $0.85 for the quarter, down from their prior forecast of $0.86. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy’s FY2025 earnings at $2.89 EPS.

A number of other equities analysts also recently weighed in on the stock. Wolfe Research downgraded shares of FirstEnergy from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 23rd. Jefferies Financial Group initiated coverage on shares of FirstEnergy in a research note on Monday, October 14th. They issued a “hold” rating and a $46.00 price target for the company. Morgan Stanley decreased their price target on shares of FirstEnergy from $52.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, November 22nd. Scotiabank raised shares of FirstEnergy from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $45.00 to $50.00 in a research note on Thursday, December 12th. Finally, KeyCorp decreased their price target on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $46.27.

FirstEnergy Price Performance

Shares of NYSE FE opened at $40.12 on Thursday. FirstEnergy has a twelve month low of $35.41 and a twelve month high of $44.97. The firm has a fifty day simple moving average of $40.05 and a 200 day simple moving average of $41.84. The company has a market capitalization of $23.12 billion, a PE ratio of 25.88, a P/E/G ratio of 1.99 and a beta of 0.52. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 1.58.

FirstEnergy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 7th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 4.24%. The ex-dividend date is Friday, February 7th. FirstEnergy’s payout ratio is presently 109.68%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Livelsberger Financial Advisory purchased a new position in FirstEnergy during the third quarter worth about $26,000. Kestra Investment Management LLC purchased a new position in FirstEnergy in the fourth quarter valued at about $26,000. True Wealth Design LLC boosted its stake in FirstEnergy by 4,571.4% in the third quarter. True Wealth Design LLC now owns 654 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 640 shares during the last quarter. WASHINGTON TRUST Co boosted its stake in FirstEnergy by 293.0% in the fourth quarter. WASHINGTON TRUST Co now owns 786 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 586 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in FirstEnergy in the fourth quarter valued at about $33,000. 89.41% of the stock is currently owned by hedge funds and other institutional investors.

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.