Zacks Research Has Negative View of FirstEnergy Q4 Earnings

Key Points

• Zacks Research has lowered its Q4 2026 earnings estimate for FirstEnergy to $0.59 per share from $0.60, while the consensus estimate for the full year's earnings is $2.66 per share.
• Despite a recent quarterly earnings report where FirstEnergy beat expectations, the company is facing mixed analyst ratings, with seven recommending a Buy and eight a Hold on the stock.
• FirstEnergy recently declared a quarterly dividend of $0.445 per share, representing a 4.1% dividend yield, with a dividend payout ratio of 78.76%.

FirstEnergy Corporation (NYSE:FE - Free Report) - Stock analysts at Zacks Research decreased their Q4 2026 earnings estimates for FirstEnergy in a research report issued to clients and investors on Tuesday, September 2nd. Zacks Research analyst Team now anticipates that the utilities provider will earn $0.59 per share for the quarter, down from their prior estimate of $0.60. The consensus estimate for FirstEnergy's current full-year earnings is $2.66 per share.

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

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

FirstEnergy Stock Performance

NYSE:FE opened at $43.47 on Friday. FirstEnergy has a 12-month low of $37.58 and a 12-month high of $44.97. The company has a quick ratio of 0.51, a current ratio of 0.61 and a debt-to-equity ratio of 1.68. The firm has a market capitalization of $25.10 billion, a PE ratio of 19.23, a price-to-earnings-growth ratio of 2.67 and a beta of 0.50. The firm has a 50-day moving average price of $42.12 and a 200 day moving average price of $41.25.

FirstEnergy Announces Dividend

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

Institutional Trading of FirstEnergy

Several hedge funds have recently modified their holdings of FE. State of Wyoming bought a new position in FirstEnergy in the second quarter valued at approximately $25,000. Investment Research & Advisory Group Inc. bought a new position in FirstEnergy in the second quarter valued at approximately $26,000. Oliver Lagore Vanvalin Investment Group bought a new position in FirstEnergy in the second quarter valued at approximately $26,000. N.E.W. Advisory Services LLC bought a new position in FirstEnergy in the first quarter valued at approximately $27,000. Finally, Capital Advisors Ltd. LLC boosted its stake in FirstEnergy by 186.4% in the second quarter. Capital Advisors Ltd. LLC now owns 676 shares of the utilities provider's stock valued at $27,000 after acquiring an additional 440 shares during the last quarter. 89.41% of the stock is owned by institutional investors.

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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