FirstEnergy (NYSE:FE) Releases Earnings Results, Misses Estimates By $0.03 EPS

FirstEnergy (NYSE:FE) released its quarterly earnings data on Wednesday. The utilities provider reported $0.67 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.03), Zacks reports. FirstEnergy had a return on equity of 11.38% and a net margin of 6.64%. FirstEnergy updated its FY 2025 guidance to 2.400-2.600 EPS.

FirstEnergy Stock Down 1.2 %

FirstEnergy stock traded down $0.51 during trading hours on Wednesday, hitting $42.99. 7,496,612 shares of the stock traded hands, compared to its average volume of 3,955,766. FirstEnergy has a one year low of $36.01 and a one year high of $44.97. The firm’s 50-day moving average price is $40.02 and its two-hundred day moving average price is $41.78. The company has a current ratio of 0.56, a quick ratio of 0.46 and a debt-to-equity ratio of 1.58. The company has a market cap of $24.78 billion, a PE ratio of 27.74, a PEG ratio of 2.07 and a beta of 0.52.

FirstEnergy Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on FE shares. Morgan Stanley decreased their price target on 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 downgraded shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. KeyCorp lowered their price target on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, December 4th. Wolfe Research lowered shares of FirstEnergy from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 23rd. Finally, Scotiabank raised shares of FirstEnergy from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $45.00 to $50.00 in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $46.27.

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.