Zacks Research Has Negative View of FirstEnergy Q2 Earnings

FirstEnergy Corp. (NYSE:FE - Free Report) - Analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for shares of FirstEnergy in a research note issued on Tuesday, June 10th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $0.56 per share for the quarter, down from their prior forecast of $0.58. The consensus estimate for FirstEnergy's current full-year earnings is $2.66 per share. Zacks Research also issued estimates for FirstEnergy's Q4 2025 earnings at $0.46 EPS, FY2025 earnings at $2.54 EPS, Q1 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.58 EPS and FY2027 earnings at $3.00 EPS.

FirstEnergy (NYSE:FE - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The utilities provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The business had revenue of $3.80 billion for the quarter, compared to analyst estimates of $3.68 billion. FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%. The company's quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.55 EPS.

Several other equities research analysts have also weighed in on the stock. Mizuho set a $43.00 price objective on shares of FirstEnergy in a research note on Monday, April 28th. Wells Fargo & Company lifted their target price on shares of FirstEnergy from $41.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, April 25th. Bank of America raised shares of FirstEnergy from an "underperform" rating to a "neutral" rating and lifted their price objective for the company from $42.00 to $45.00 in a research note on Wednesday, April 23rd. Evercore ISI lifted their target price on shares of FirstEnergy from $41.00 to $47.00 and gave the stock an "outperform" rating in a report on Monday, April 28th. Finally, Morgan Stanley reiterated an "overweight" rating and set a $48.00 target price (up from $47.00) on shares of FirstEnergy in a research report on Thursday, May 22nd. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, FirstEnergy presently has an average rating of "Hold" and an average target price of $46.00.

FirstEnergy Stock Up 1.1%

NYSE FE traded up $0.45 during trading hours on Thursday, hitting $40.66. The company had a trading volume of 6,274,902 shares, compared to its average volume of 3,850,123. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.56 and a quick ratio of 0.46. The firm's 50 day moving average is $41.55 and its 200 day moving average is $40.59. The company has a market capitalization of $23.47 billion, a price-to-earnings ratio of 26.23, a P/E/G ratio of 2.07 and a beta of 0.40. FirstEnergy has a fifty-two week low of $37.58 and a fifty-two week high of $44.97.

Institutional Investors Weigh In On FirstEnergy

A number of institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio acquired a new stake in shares of FirstEnergy during the 1st quarter worth about $2,269,000. Intrua Financial LLC purchased a new position in FirstEnergy in the first quarter worth $215,000. Geneos Wealth Management Inc. boosted its stake in shares of FirstEnergy by 13.8% during the first quarter. Geneos Wealth Management Inc. now owns 7,842 shares of the utilities provider's stock valued at $317,000 after acquiring an additional 950 shares during the last quarter. Intech Investment Management LLC boosted its stake in FirstEnergy by 63.5% in the 1st quarter. Intech Investment Management LLC now owns 48,719 shares of the utilities provider's stock worth $1,969,000 after buying an additional 18,927 shares during the last quarter. Finally, Focus Partners Wealth lifted its stake in shares of FirstEnergy by 6.8% in the 1st quarter. Focus Partners Wealth now owns 21,178 shares of the utilities provider's stock valued at $856,000 after purchasing an additional 1,340 shares in the last quarter. Institutional investors and hedge funds own 89.41% of the company's stock.

Insider Activity at FirstEnergy

In other news, CFO Jon Taylor K. sold 12,000 shares of the business's stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $43.03, for a total transaction of $516,360.00. Following the sale, the chief financial officer now owns 99,919 shares in the company, valued at approximately $4,299,514.57. The trade was a 10.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is currently owned by insiders.

FirstEnergy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, June 1st. Investors of record on Wednesday, May 7th were issued a $0.445 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This is a positive change from FirstEnergy's previous quarterly dividend of $0.43. This represents a $1.78 dividend on an annualized basis and a dividend yield of 4.38%. FirstEnergy's dividend payout ratio (DPR) is 94.68%.

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.