Q3 EPS Estimates for FirstEnergy Cut by Zacks Research

Key Points

• Zacks Research has lowered its Q3 2025 earnings per share estimate for FirstEnergy from $0.85 to $0.73.
• The consensus full-year earnings estimate for FirstEnergy is projected at $2.66 per share, with analysts also making various adjustments to future earnings estimates through FY2027.
• FirstEnergy recently declared a quarterly dividend of $0.445 per share, resulting in an annualized dividend yield of 4.1%.

FirstEnergy Corporation (NYSE:FE - Free Report) - Investment analysts at Zacks Research lowered their Q3 2025 earnings per share (EPS) estimates for shares of FirstEnergy in a research report issued to clients and investors on Tuesday, August 19th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $0.73 for the quarter, down from their previous estimate of $0.85. The consensus estimate for FirstEnergy's current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy's FY2025 earnings at $2.52 EPS, Q1 2026 earnings at $0.70 EPS, Q2 2026 earnings at $0.55 EPS, FY2026 earnings at $2.70 EPS, Q2 2027 earnings at $0.60 EPS and FY2027 earnings at $2.90 EPS.

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

FirstEnergy Stock Up 0.3%

Shares of NYSE:FE traded up $0.15 during mid-day trading on Friday, hitting $43.74. 649,781 shares of the company traded hands, compared to its average volume of 4,860,461. The firm has a market cap of $25.25 billion, a P/E ratio of 19.35, a PEG ratio of 2.68 and a beta of 0.48. 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 52-week low of $37.58 and a 52-week high of $44.97. The firm's 50 day simple moving average is $41.62 and its 200 day simple moving average is $41.09.

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

FirstEnergy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 1st. Shareholders of record on Thursday, August 7th will be given a $0.445 dividend. The ex-dividend date is Thursday, August 7th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 4.1%. FirstEnergy's dividend payout ratio (DPR) is currently 78.76%.

Hedge Funds Weigh In On FirstEnergy

A number of hedge funds have recently modified their holdings of the stock. Federated Hermes Inc. increased its holdings in FirstEnergy by 198.1% during the 2nd quarter. Federated Hermes Inc. now owns 6,888,967 shares of the utilities provider's stock valued at $277,350,000 after purchasing an additional 4,578,375 shares in the last quarter. Soroban Capital Partners LP increased its stake in shares of FirstEnergy by 60.2% in the 4th quarter. Soroban Capital Partners LP now owns 8,340,760 shares of the utilities provider's stock valued at $331,795,000 after buying an additional 3,133,083 shares during the period. Boston Partners boosted its position in shares of FirstEnergy by 14.9% in the 1st quarter. Boston Partners now owns 18,962,859 shares of the utilities provider's stock worth $767,952,000 after purchasing an additional 2,459,779 shares during the last quarter. Wealthquest Corp bought a new position in shares of FirstEnergy in the 1st quarter worth $53,169,000. Finally, Zimmer Partners LP boosted its position in shares of FirstEnergy by 33.4% in the 4th quarter. Zimmer Partners LP now owns 4,918,857 shares of the utilities provider's stock worth $195,672,000 after purchasing an additional 1,232,040 shares during the last quarter. 89.41% of the stock is owned by institutional investors and hedge funds.

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.