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 -.

FirstEnergy Stock Performance

NYSE FE traded down $3.27 on Thursday, hitting $39.78. 3,277,171 shares of the company’s stock were exchanged, compared to its average volume of 3,932,217. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.56 and a quick ratio of 0.46. FirstEnergy has a fifty-two week low of $36.01 and a fifty-two week high of $44.97. The firm’s 50-day moving average price is $40.10 and its two-hundred day moving average price is $41.79. The firm has a market cap of $22.93 billion, a price-to-earnings ratio of 25.75, a P/E/G ratio of 2.07 and a beta of 0.52.

FirstEnergy (NYSE:FE) last released its quarterly earnings results on Wednesday, February 26th. The utilities provider reported $0.67 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.03). The business had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.53 billion. FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. On average, research analysts expect that FirstEnergy will post 2.66 EPS for the current year.

FirstEnergy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Friday, February 7th will be given a $0.425 dividend. The ex-dividend date is Friday, February 7th. This represents a $1.70 annualized dividend and a dividend yield of 4.27%. FirstEnergy’s dividend payout ratio is presently 109.68%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Scotiabank upgraded shares of FirstEnergy from a “sector perform” rating to a “sector outperform” rating and upped their target price for the company from $45.00 to $50.00 in a research note on Thursday, December 12th. Morgan Stanley reduced their price objective 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 lowered FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Wolfe Research downgraded shares of FirstEnergy from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 23rd. Finally, KeyCorp lowered their price target on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, FirstEnergy presently has a consensus rating of “Hold” and an average price target 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.