FirstEnergy (NYSE:FE) Issues FY 2025 Earnings Guidance

FirstEnergy (NYSE:FE) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 -.

FirstEnergy Trading Down 1.2 %

FE stock traded down $0.51 during midday trading on Wednesday, hitting $42.99. The company had a trading volume of 7,496,612 shares, compared to its average volume of 3,955,766. The stock has a market cap of $24.78 billion, a price-to-earnings ratio of 27.74, a PEG ratio of 2.07 and a beta of 0.52. FirstEnergy has a 52 week low of $36.01 and a 52 week high of $44.97. The company has a current ratio of 0.56, a quick ratio of 0.46 and a debt-to-equity ratio of 1.58. The stock’s 50 day moving average price is $40.02 and its 200 day moving average price is $41.78.

FirstEnergy (NYSE:FE) last posted its quarterly earnings results on Wednesday, February 26th. The utilities provider reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. As a group, equities research analysts expect that FirstEnergy will post 2.66 earnings per share for the current fiscal year.

FirstEnergy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Friday, February 7th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.70 annualized dividend and a dividend yield of 3.95%. FirstEnergy’s payout ratio is presently 109.68%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Scotiabank upgraded FirstEnergy from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the stock from $45.00 to $50.00 in a report on Thursday, December 12th. KeyCorp decreased their target price on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, December 4th. Seaport Res Ptn lowered shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Morgan Stanley cut their target price on shares of FirstEnergy from $52.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, November 22nd. Finally, Wolfe Research cut shares of FirstEnergy from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $46.27.

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.