FirstEnergy (NYSE:FE) Issues FY 2025 Earnings Guidance

FirstEnergy (NYSE:FE) updated its FY 2025 earnings guidance on Wednesday. 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 Price Performance

FE traded down $0.40 on Friday, hitting $38.14. 2,938,660 shares of the company were exchanged, compared to its average volume of 4,517,266. FirstEnergy has a fifty-two week low of $36.01 and a fifty-two week high of $44.97. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.46 and a current ratio of 0.56. The firm has a market capitalization of $21.98 billion, a P/E ratio of 24.61, a price-to-earnings-growth ratio of 2.07 and a beta of 0.52. The business’s fifty day moving average is $40.09 and its 200 day moving average is $41.77.

FirstEnergy (NYSE:FE) last posted its earnings results on Wednesday, February 26th. The utilities provider reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.03). The business had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.53 billion. FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. As a group, sell-side analysts anticipate that FirstEnergy will post 2.66 EPS for the current year.

FirstEnergy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 7th will be given a $0.425 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.70 annualized dividend and a dividend yield of 4.46%. FirstEnergy’s dividend payout ratio is currently 109.68%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on FE. Guggenheim cut their target price on shares of FirstEnergy from $52.00 to $45.00 and set a “buy” rating for the company in a research note on Friday. Morgan Stanley cut their price objective on shares of FirstEnergy from $52.00 to $50.00 and set an “overweight” rating for the company in a research report on Friday, November 22nd. Seaport Res Ptn lowered shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. KeyCorp cut their price target on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, December 4th. Finally, Scotiabank upgraded FirstEnergy from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $45.00 to $50.00 in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $46.17.

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.