FirstEnergy (NYSE:FE) Posts Earnings Results, Beats Estimates By $0.01 EPS

FirstEnergy (NYSE:FE) announced its quarterly earnings results on Tuesday. The utilities provider reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01, FiscalAI reports. FirstEnergy had a return on equity of 11.15% and a net margin of 9.19%.The firm had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the prior year, the business posted $0.67 earnings per share. FirstEnergy updated its FY 2026 guidance to 2.620-2.820 EPS.

FirstEnergy Trading Down 1.4%

Shares of FE opened at $49.38 on Wednesday. The stock has a market capitalization of $28.53 billion, a PE ratio of 21.56, a P/E/G ratio of 2.86 and a beta of 0.64. The company’s fifty day moving average is $46.06 and its 200 day moving average is $45.46. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.64 and a current ratio of 0.75. FirstEnergy has a fifty-two week low of $37.58 and a fifty-two week high of $50.44.

FirstEnergy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Thursday, May 7th will be paid a dividend of $0.465 per share. The ex-dividend date of this dividend is Thursday, May 7th. This is a positive change from FirstEnergy’s previous quarterly dividend of $0.45. This represents a $1.86 annualized dividend and a yield of 3.8%. FirstEnergy’s dividend payout ratio is 77.73%.

Hedge Funds Weigh In On FirstEnergy

A number of large investors have recently bought and sold shares of FE. Brighton Jones LLC acquired a new stake in FirstEnergy during the fourth quarter worth $256,000. Geneos Wealth Management Inc. lifted its position in FirstEnergy by 10.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 8,674 shares of the utilities provider’s stock worth $349,000 after acquiring an additional 832 shares during the period. Boothbay Fund Management LLC acquired a new stake in shares of FirstEnergy in the 2nd quarter valued at approximately $209,000. Ausdal Financial Partners Inc. purchased a new position in FirstEnergy in the 3rd quarter valued at approximately $214,000. Finally, Graham Capital Management L.P. acquired a new position in FirstEnergy during the fourth quarter worth about $214,000. Hedge funds and other institutional investors own 89.41% of the company’s stock.

FirstEnergy News Roundup

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Reported strong full‑year 2025 results and raised the outlook — 2025 GAAP $1.77/sh and Core Earnings $2.55/sh (top of revised range); company affirms 2026 core guidance and expects multi‑year core EPS CAGR near the top end of 6–8%, supporting longer‑term growth expectations. PR Newswire: FirstEnergy Announces 2025 Financial Results
• Positive Sentiment: Company unveiled a $36 billion capital investment plan through 2030 to expand transmission and grid assets — this supports revenue and rate base growth that could drive multi‑year earnings upside if projects win regulatory approval and are rate‑recovered. Reuters: FirstEnergy announces $36 billion investment plan
• Neutral Sentiment: Q4 operating performance was roughly in line: EPS of $0.53 beat Zacks’ $0.52 estimate but matched the consensus $0.53; margins and ROE reported were solid but not dramatically higher year‑over‑year. Zacks: FirstEnergy Q4 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: Regional transmission project approval in central Ohio (Transource/FirstEnergy JV) is a constructive execution milestone for grid expansion, but it is one project within a much larger capex program. PR Newswire: Transource & FirstEnergy Project Approval
• Negative Sentiment: The $36B investment plan raises near‑term concerns about funding, cash flow and potential credit pressure; investors may be worried about execution risk, regulatory timing and the need to finance large capex — a likely reason for the stock moving lower despite the earnings/guidance news. Reuters: FirstEnergy announces $36 billion investment plan

Analysts Set New Price Targets

A number of equities analysts have issued reports on FE shares. Morgan Stanley reiterated an “overweight” rating on shares of FirstEnergy in a report on Wednesday, February 11th. UBS Group decreased their price target on shares of FirstEnergy from $49.00 to $46.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of FirstEnergy in a research report on Monday, December 29th. Wolfe Research upgraded shares of FirstEnergy from a “peer perform” rating to an “outperform” rating and set a $50.00 target price for the company in a report on Tuesday, January 27th. Finally, Mizuho lifted their price target on shares of FirstEnergy from $45.00 to $50.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $48.85.

FirstEnergy Company Profile

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.