FirstEnergy (NYSE:FE) Issues FY 2025 Earnings Guidance

FirstEnergy (NYSE:FE) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.400-2.600 for the period, compared to the consensus EPS estimate of 2.890. The company issued revenue guidance of -.

Analyst Ratings Changes

FE has been the topic of a number of recent analyst reports. Seaport Res Ptn downgraded shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Wolfe Research lowered FirstEnergy from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 23rd. KeyCorp dropped their target price on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, December 4th. Morgan Stanley dropped 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. Finally, Guggenheim dropped their price objective on FirstEnergy from $52.00 to $45.00 and set a “buy” rating on the stock in a report on Friday. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $46.17.

FirstEnergy Stock Performance

FirstEnergy stock traded down $0.40 during midday trading on Friday, hitting $38.14. 2,938,660 shares of the company’s stock were exchanged, compared to its average volume of 4,517,266. FirstEnergy has a 12-month low of $36.01 and a 12-month 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 cap of $21.98 billion, a price-to-earnings ratio of 24.61, a price-to-earnings-growth ratio of 2.07 and a beta of 0.52. The firm’s 50 day simple moving average is $40.09 and its 200 day simple moving average is $41.77.

FirstEnergy (NYSE:FE) last announced its earnings results on Wednesday, February 26th. The utilities provider reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.03). FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. The company had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.53 billion. Equities research analysts predict that FirstEnergy will post 2.66 EPS for the current year.

FirstEnergy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 7th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 4.46%. The ex-dividend date of this dividend is Friday, February 7th. FirstEnergy’s payout ratio is 109.68%.

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.