Q2 EPS Estimates for FirstEnergy Reduced by Zacks Research

FirstEnergy Corp. (NYSE:FE) – Research analysts at Zacks Research decreased their Q2 2025 earnings per share estimates for shares of FirstEnergy in a report issued on Wednesday, May 14th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $0.58 for the quarter, down from their previous forecast of $0.61. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy’s Q1 2026 earnings at $0.63 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.94 EPS, FY2026 earnings at $2.80 EPS and Q1 2027 earnings at $0.68 EPS.

FirstEnergy (NYSE:FE) last posted its quarterly earnings data on Wednesday, April 23rd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.07. The business had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $3.68 billion. FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 earnings per share.

Several other brokerages have also issued reports on FE. Mizuho set a $43.00 target price on FirstEnergy in a research note on Monday, April 28th. Scotiabank restated an “outperform” rating on shares of FirstEnergy in a research note on Friday, April 25th. Morgan Stanley reiterated an “overweight” rating on shares of FirstEnergy in a research report on Wednesday, April 23rd. UBS Group boosted their price target on shares of FirstEnergy from $41.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, March 21st. Finally, Bank of America upgraded shares of FirstEnergy from an “underperform” rating to a “neutral” rating and upped their price target for the company from $42.00 to $45.00 in a research note on Wednesday, April 23rd. Nine equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, FirstEnergy presently has a consensus rating of “Hold” and an average target price of $46.00.

FirstEnergy Price Performance

FirstEnergy stock opened at $42.72 on Monday. The business’s 50 day simple moving average is $41.05 and its 200 day simple moving average is $40.61. FirstEnergy has a 12 month low of $37.58 and a 12 month high of $44.97. The company has a market cap of $24.66 billion, a price-to-earnings ratio of 27.56, a PEG ratio of 2.07 and a beta of 0.42. The company has a current ratio of 0.56, a quick ratio of 0.46 and a debt-to-equity ratio of 1.58.

Hedge Funds Weigh In On FirstEnergy

A number of institutional investors have recently made changes to their positions in the stock. Wedge Capital Management L L P NC purchased a new position in FirstEnergy in the fourth quarter worth $12,198,000. Schroder Investment Management Group boosted its holdings in shares of FirstEnergy by 56.0% in the 4th quarter. Schroder Investment Management Group now owns 48,759 shares of the utilities provider’s stock worth $1,933,000 after purchasing an additional 17,506 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of FirstEnergy by 41.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,956 shares of the utilities provider’s stock valued at $1,902,000 after purchasing an additional 14,129 shares during the last quarter. Whalen Wealth Management Inc. bought a new position in shares of FirstEnergy during the 4th quarter valued at about $664,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of FirstEnergy by 17.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,315 shares of the utilities provider’s stock valued at $211,000 after buying an additional 797 shares in the last quarter. Institutional investors own 89.41% of the company’s stock.

Insider Buying and Selling

In related news, CFO Jon Taylor K. sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $43.03, for a total value of $516,360.00. Following the sale, the chief financial officer now directly owns 99,919 shares of the company’s stock, valued at $4,299,514.57. This trade represents a 10.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.17% of the stock is currently owned by company insiders.

FirstEnergy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Investors of record on Wednesday, May 7th will be given a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date is Wednesday, May 7th. This is an increase from FirstEnergy’s previous quarterly dividend of $0.43. FirstEnergy’s dividend payout ratio (DPR) is 94.68%.

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.