FirstEnergy (NYSE:FE) Updates FY 2025 Earnings Guidance

FirstEnergy (NYSE:FE) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.400-2.600 for the period, compared to the consensus estimate of 2.890. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of analysts recently commented on FE shares. Morgan Stanley dropped their price target on shares of FirstEnergy from $52.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, November 22nd. Seaport Res Ptn lowered FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Scotiabank upgraded FirstEnergy from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $45.00 to $50.00 in a research report on Thursday, December 12th. Wolfe Research cut FirstEnergy from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 23rd. Finally, KeyCorp reduced their target price on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, FirstEnergy presently has a consensus rating of “Hold” and an average target price of $46.27.

FirstEnergy Price Performance

NYSE:FE traded down $0.51 during midday trading on Wednesday, hitting $42.99. The company had a trading volume of 7,496,612 shares, compared to its average volume of 3,955,766. The company has a market capitalization of $24.78 billion, a PE ratio of 27.74, a P/E/G ratio of 2.07 and a beta of 0.52. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 1.58. FirstEnergy has a 52-week low of $36.01 and a 52-week high of $44.97. The stock’s fifty day moving average price is $40.02 and its 200-day moving average price is $41.78.

FirstEnergy (NYSE:FE) last announced its quarterly earnings data on Wednesday, February 26th. The utilities provider reported $0.67 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.03). FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. As a group, research analysts expect that FirstEnergy will post 2.66 earnings per share for the current year.

FirstEnergy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 7th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.95%. FirstEnergy’s payout ratio is 109.68%.

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.