Zacks Research Has Negative View of FirstEnergy Q3 Earnings

FirstEnergy Corp. (NYSE:FE) – Investment analysts at Zacks Research cut their Q3 2025 earnings per share estimates for FirstEnergy in a research note issued on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the utilities provider will earn $0.86 per share for the quarter, down from their prior estimate of $0.87. The consensus estimate for FirstEnergy’s current full-year earnings is $2.68 per share.

A number of other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. lifted their price objective on FirstEnergy from $45.00 to $46.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Scotiabank upgraded shares of FirstEnergy from a “sector perform” rating to a “sector outperform” rating and upped their price target for the stock from $45.00 to $50.00 in a research note on Thursday, December 12th. Barclays raised their price objective on shares of FirstEnergy from $40.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Jefferies Financial Group began coverage on shares of FirstEnergy in a research note on Monday, October 14th. They issued a “hold” rating and a $46.00 target price on the stock. Finally, Seaport Res Ptn downgraded shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $46.27.

FirstEnergy Stock Performance

Shares of FE opened at $39.81 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 1.58. The stock has a market cap of $22.94 billion, a P/E ratio of 25.68, a P/E/G ratio of 2.18 and a beta of 0.52. The business’s 50 day moving average price is $40.84 and its 200-day moving average price is $41.71. FirstEnergy has a 52 week low of $35.41 and a 52 week high of $44.97.

FirstEnergy (NYSE:FE) last issued its quarterly earnings results on Tuesday, October 29th. The utilities provider reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.05). The business had revenue of $3.73 billion for the quarter, compared to analysts’ expectations of $3.96 billion. FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. The company’s revenue was up 6.9% on a year-over-year basis. During the same period last year, the business earned $0.88 earnings per share.

FirstEnergy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 7th will be paid a $0.425 dividend. The ex-dividend date is Friday, February 7th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.27%. FirstEnergy’s dividend payout ratio (DPR) is currently 109.68%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. First Hawaiian Bank grew its position in shares of FirstEnergy by 25.4% during the 4th quarter. First Hawaiian Bank now owns 20,784 shares of the utilities provider’s stock valued at $827,000 after acquiring an additional 4,212 shares during the period. Farmers Trust Co. lifted its position in FirstEnergy by 5.7% during the fourth quarter. Farmers Trust Co. now owns 6,498 shares of the utilities provider’s stock valued at $258,000 after purchasing an additional 351 shares in the last quarter. Fulton Bank N.A. grew its holdings in FirstEnergy by 33.3% during the fourth quarter. Fulton Bank N.A. now owns 14,206 shares of the utilities provider’s stock valued at $565,000 after purchasing an additional 3,548 shares during the period. Pensionfund Sabic increased its position in FirstEnergy by 29.1% in the fourth quarter. Pensionfund Sabic now owns 35,500 shares of the utilities provider’s stock worth $1,412,000 after buying an additional 8,000 shares in the last quarter. Finally, Everence Capital Management Inc. raised its stake in shares of FirstEnergy by 50.7% in the fourth quarter. Everence Capital Management Inc. now owns 14,360 shares of the utilities provider’s stock worth $571,000 after buying an additional 4,830 shares during the period. 89.41% of the stock is owned by hedge funds and other institutional investors.

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.