FirstEnergy (NYSE:FE) Releases FY 2026 Earnings Guidance

FirstEnergy (NYSE:FE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.620-2.820 for the period, compared to the consensus estimate of 2.730. The company issued revenue guidance of -.

Analyst Ratings Changes

FE has been the topic of a number of research analyst reports. Wells Fargo & Company reissued an “overweight” rating and set a $55.00 price objective on shares of FirstEnergy in a report on Tuesday, April 21st. TD Cowen raised shares of FirstEnergy from a “hold” rating to a “buy” rating and decreased their price target for the company from $56.00 to $53.00 in a research note on Friday, May 15th. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a research report on Wednesday, July 22nd. Barclays decreased their price objective on FirstEnergy from $55.00 to $54.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Finally, New Street Research set a $52.00 price target on FirstEnergy in a research note on Tuesday, April 21st. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $52.83.

FirstEnergy Price Performance

FirstEnergy stock opened at $47.80 on Thursday. The company has a current ratio of 0.54, a quick ratio of 0.45 and a debt-to-equity ratio of 1.88. The firm has a market capitalization of $27.66 billion, a P/E ratio of 25.43, a PEG ratio of 2.31 and a beta of 0.46. The business has a 50-day moving average of $47.68 and a 200-day moving average of $48.32. FirstEnergy has a 1 year low of $42.72 and a 1 year high of $52.34.

FirstEnergy (NYSE:FE) last released its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. FirstEnergy had a net margin of 6.86% and a return on equity of 10.51%. The business had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same quarter last year, the firm earned $0.52 EPS. On average, equities analysts anticipate that FirstEnergy will post 2.73 EPS for the current year.

FirstEnergy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be paid a dividend of $0.465 per share. This represents a $1.86 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, August 7th. FirstEnergy’s dividend payout ratio (DPR) is presently 98.94%.

Institutional Trading of FirstEnergy

Large investors have recently bought and sold shares of the business. State of Wyoming bought a new stake in FirstEnergy in the 2nd quarter valued at approximately $25,000. DV Equities LLC bought a new stake in shares of FirstEnergy in the fourth quarter worth $33,000. Summit Securities Group LLC boosted its holdings in FirstEnergy by 148.0% during the fourth quarter. Summit Securities Group LLC now owns 771 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 2,376 shares during the last quarter. WFA of San Diego LLC bought a new position in FirstEnergy in the second quarter valued at $46,000. Finally, Headlands Technologies LLC bought a new position in FirstEnergy in the second quarter valued at $55,000. 89.41% of the stock is owned by institutional investors.

About FirstEnergy

FirstEnergy Corp. (NYSE: FE) is a U.S.-based electric utility holding company headquartered in Akron, Ohio. The company’s primary business is the delivery of electricity through its regulated transmission and distribution utilities, serving residential, commercial and industrial customers across parts of the Midwest and Mid?Atlantic. FirstEnergy’s service territory includes states such as Ohio, Pennsylvania, New Jersey, Maryland and West Virginia, and it operates primarily within the PJM regional transmission organization.

FirstEnergy’s core activities center on owning and operating electric distribution networks and transmission systems, maintaining and upgrading grid infrastructure, managing storm response and restoration, and offering customer programs that include energy efficiency and reliability services.