Q3 EPS Estimates for FirstEnergy Decreased by Zacks Research

FirstEnergy Corp. (NYSE:FE) – Analysts at Zacks Research lowered their Q3 2025 earnings estimates for FirstEnergy in a report released on Tuesday, November 19th. Zacks Research analyst R. Department now expects that the utilities provider will earn $0.92 per share for the quarter, down from their prior forecast of $0.93. The consensus estimate for FirstEnergy’s current full-year earnings is $2.69 per share. Zacks Research also issued estimates for FirstEnergy’s Q1 2026 earnings at $0.68 EPS and Q2 2026 earnings at $0.62 EPS.

FirstEnergy (NYSE:FE) last issued its earnings results 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 firm had revenue of $3.73 billion during the quarter, compared to analyst estimates of $3.96 billion. FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.88 earnings per share.

Several other equities analysts have also weighed in on FE. Barclays raised their target price on FirstEnergy from $40.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, October 7th. Bank of America boosted their target price on FirstEnergy from $42.00 to $43.00 and gave the stock an “underperform” rating in a report on Thursday, August 29th. JPMorgan Chase & Co. increased their price target on FirstEnergy from $45.00 to $46.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Argus upgraded shares of FirstEnergy from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Friday, September 20th. Finally, Scotiabank upped their price target on shares of FirstEnergy from $40.00 to $45.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, FirstEnergy presently has a consensus rating of “Hold” and an average target price of $46.00.

FirstEnergy Price Performance

Shares of FE opened at $42.13 on Friday. 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 firm has a market cap of $24.28 billion, a PE ratio of 27.18, a PEG ratio of 2.24 and a beta of 0.51. The firm’s 50 day moving average price is $42.93 and its 200 day moving average price is $41.40. FirstEnergy has a twelve month low of $35.41 and a twelve month high of $44.97.

FirstEnergy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, December 1st. Investors of record on Thursday, November 7th will be given a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $1.70 annualized dividend and a yield of 4.04%. FirstEnergy’s dividend payout ratio (DPR) is currently 109.68%.

Hedge Funds Weigh In On FirstEnergy

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Blair William & Co. IL boosted its holdings in shares of FirstEnergy by 6.8% in the 1st quarter. Blair William & Co. IL now owns 10,004 shares of the utilities provider’s stock worth $386,000 after acquiring an additional 636 shares in the last quarter. O Shaughnessy Asset Management LLC grew its holdings in shares of FirstEnergy by 71.9% during the first quarter. O Shaughnessy Asset Management LLC now owns 22,399 shares of the utilities provider’s stock worth $865,000 after purchasing an additional 9,372 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of FirstEnergy by 3.6% in the first quarter. Bessemer Group Inc. now owns 9,139 shares of the utilities provider’s stock valued at $353,000 after buying an additional 315 shares in the last quarter. BOKF NA raised its holdings in shares of FirstEnergy by 35.6% in the first quarter. BOKF NA now owns 284,851 shares of the utilities provider’s stock valued at $10,930,000 after buying an additional 74,743 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC acquired a new position in FirstEnergy during the 1st quarter worth about $325,000. Institutional investors own 89.41% of the company’s stock.

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.