FirstEnergy (NYSE:FE) Updates FY 2025 Earnings Guidance

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Seaport Res Ptn downgraded shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. KeyCorp cut their target price on shares of FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, December 4th. Scotiabank upgraded shares of FirstEnergy from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $45.00 to $50.00 in a 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, Morgan Stanley reduced their price objective on FirstEnergy from $52.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, November 22nd. 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 company has a consensus rating of “Hold” and a consensus target price of $46.27.

FirstEnergy Stock Down 1.2 %

NYSE:FE traded down $0.51 on Wednesday, hitting $42.99. 7,416,432 shares of the company’s stock traded hands, compared to its average volume of 3,953,300. The firm has a 50-day moving average price of $40.02 and a 200-day moving average price of $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 price-to-earnings-growth ratio of 2.07 and a beta of 0.52. FirstEnergy has a 1 year low of $36.01 and a 1 year high of $44.97.

FirstEnergy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Friday, February 7th will be paid 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 yield of 3.95%. FirstEnergy’s payout ratio is presently 109.68%.

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.