Q1 EPS Estimates for FirstEnergy Raised by Zacks Research

Key Points

• FirstEnergy's Q1 2026 EPS estimates have been raised from $0.70 to $0.72 by Zacks Research, with full-year estimates for 2026 and 2027 also projected to increase.
• The company reported $0.52 EPS in its latest quarterly results, exceeding analysts' expectations of $0.50 and setting FY 2025 guidance between $2.400 to $2.600.
• FirstEnergy recently announced a quarterly dividend of $0.445 per share, reflecting an annual yield of 4.1% with a payout ratio of 78.76%.

FirstEnergy Corporation (NYSE:FE - Free Report) - Equities researchers at Zacks Research boosted their Q1 2026 earnings estimates for shares of FirstEnergy in a note issued to investors on Tuesday, September 2nd. Zacks Research analyst Team now expects that the utilities provider will post earnings per share of $0.72 for the quarter, up from their previous forecast of $0.70. The consensus estimate for FirstEnergy's current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy's Q2 2026 earnings at $0.53 EPS, FY2026 earnings at $2.68 EPS, Q2 2027 earnings at $0.58 EPS and FY2027 earnings at $2.89 EPS.

FirstEnergy (NYSE:FE - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The utilities provider reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.02. FirstEnergy had a net margin of 9.31% and a return on equity of 11.31%. The firm had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.45 billion. During the same quarter in the previous year, the firm posted $0.56 earnings per share. FirstEnergy has set its FY 2025 guidance at 2.400-2.600 EPS.

FE has been the topic of a number of other research reports. UBS Group set a $44.00 price objective on shares of FirstEnergy and gave the stock a "neutral" rating in a research report on Tuesday, June 24th. Morgan Stanley reissued an "overweight" rating on shares of FirstEnergy in a research report on Thursday, August 21st. Mizuho boosted their price objective on shares of FirstEnergy from $43.00 to $45.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. KeyCorp reissued an "overweight" rating and issued a $46.00 price objective (down previously from $47.00) on shares of FirstEnergy in a research report on Wednesday, July 16th. Finally, Barclays raised shares of FirstEnergy from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $43.00 to $49.00 in a research report on Monday, August 25th. Seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $46.31.

FirstEnergy Stock Performance

Shares of FE opened at $43.39 on Thursday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.51 and a current ratio of 0.61. FirstEnergy has a twelve month low of $37.58 and a twelve month high of $44.97. The firm's 50 day moving average price is $42.05 and its two-hundred day moving average price is $41.23. The firm has a market cap of $25.05 billion, a P/E ratio of 19.20, a PEG ratio of 2.68 and a beta of 0.50.

Hedge Funds Weigh In On FirstEnergy

Institutional investors and hedge funds have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. increased its holdings in shares of FirstEnergy by 14.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 71,333 shares of the utilities provider's stock valued at $2,883,000 after purchasing an additional 8,879 shares during the last quarter. Johnson Investment Counsel Inc. increased its holdings in shares of FirstEnergy by 3.8% in the first quarter. Johnson Investment Counsel Inc. now owns 9,983 shares of the utilities provider's stock valued at $403,000 after purchasing an additional 366 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of FirstEnergy by 9.0% in the first quarter. Oppenheimer & Co. Inc. now owns 17,759 shares of the utilities provider's stock valued at $718,000 after purchasing an additional 1,464 shares during the last quarter. Brighton Jones LLC acquired a new position in shares of FirstEnergy in the fourth quarter valued at $256,000. Finally, Vontobel Holding Ltd. increased its holdings in shares of FirstEnergy by 29.7% in the first quarter. Vontobel Holding Ltd. now owns 7,684 shares of the utilities provider's stock valued at $311,000 after purchasing an additional 1,760 shares during the last quarter. 89.41% of the stock is currently owned by institutional investors and hedge funds.

FirstEnergy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Thursday, August 7th were issued a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Thursday, August 7th. FirstEnergy's payout ratio is presently 78.76%.

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.

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