FirstEnergy (FE) Projected to Post Quarterly Earnings on Tuesday

FirstEnergy (NYSE:FE) will likely be issuing its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect FirstEnergy to post earnings of $0.56 per share and revenue of $3.6385 billion for the quarter. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Investors may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 9:00 AM ET.

FirstEnergy (NYSE:FE) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share for the quarter, hitting the consensus estimate of $0.72. FirstEnergy had a return on equity of 10.66% and a net margin of 6.86%.The business had revenue of $4.20 billion during the quarter, compared to analysts’ expectations of $3.80 billion. During the same quarter in the previous year, the firm earned $0.67 EPS. The firm’s revenue was up 11.6% compared to the same quarter last year. On average, analysts expect FirstEnergy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

FirstEnergy Price Performance

Shares of NYSE:FE opened at $48.57 on Tuesday. The business has a 50 day moving average price of $46.82 and a 200 day moving average price of $48.00. FirstEnergy has a twelve month low of $40.70 and a twelve month high of $52.34. The company has a market cap of $28.09 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 2.32 and a beta of 0.47. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 1.87.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on FE. Jefferies Financial Group upped their price target on FirstEnergy from $50.00 to $52.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Barclays boosted their target price on shares of FirstEnergy from $53.00 to $55.00 and gave the stock an “overweight” rating in a research report on Monday. New Street Research set a $52.00 target price on shares of FirstEnergy in a research note on Tuesday, April 21st. UBS Group increased their price target on shares of FirstEnergy from $50.00 to $51.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $55.00 price target on shares of FirstEnergy in a research report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $52.92.

Institutional Trading of FirstEnergy

Large investors have recently bought and sold shares of the stock. Brighton Jones LLC bought a new position in shares of FirstEnergy during the fourth quarter valued at $256,000. Quarry LP acquired a new stake in shares of FirstEnergy in the 4th quarter valued at $70,000. Smartleaf Asset Management LLC grew its holdings in shares of FirstEnergy by 24.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,650 shares of the utilities provider’s stock worth $209,000 after purchasing an additional 917 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of FirstEnergy by 77.3% in the 4th quarter. Brown Brothers Harriman & Co. now owns 4,419 shares of the utilities provider’s stock worth $198,000 after purchasing an additional 1,926 shares during the last quarter. Finally, Colonial Trust Co SC grew its holdings in shares of FirstEnergy by 29.9% in the 4th quarter. Colonial Trust Co SC now owns 1,383 shares of the utilities provider’s stock worth $62,000 after purchasing an additional 318 shares during the last quarter. 89.41% of the stock is currently owned by institutional investors.

About FirstEnergy

FirstEnergy Corp. (NYSE: FE) is a U.S.-based electric utility holding company headquartered in Akron, Ohio. The company’s primary business is the delivery of electricity through its regulated transmission and distribution utilities, serving residential, commercial and industrial customers across parts of the Midwest and Mid‑Atlantic. FirstEnergy’s service territory includes states such as Ohio, Pennsylvania, New Jersey, Maryland and West Virginia, and it operates primarily within the PJM regional transmission organization.

FirstEnergy’s core activities center on owning and operating electric distribution networks and transmission systems, maintaining and upgrading grid infrastructure, managing storm response and restoration, and offering customer programs that include energy efficiency and reliability services.