FirstEnergy (NYSE:FE) Updates FY 2026 Earnings Guidance

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on FE shares. Wells Fargo & Company reissued an “overweight” rating and set a $55.00 target price on shares of FirstEnergy in a report on Tuesday, April 21st. New Street Research set a $52.00 target price on FirstEnergy in a report on Tuesday, April 21st. UBS Group boosted their target price on shares of FirstEnergy from $50.00 to $51.00 and gave the company a “neutral” rating in a research report on Thursday, June 11th. Weiss Ratings lowered shares of FirstEnergy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, June 17th. Finally, TD Cowen upgraded shares of FirstEnergy from a “hold” rating to a “buy” rating and reduced their price target for the stock from $56.00 to $53.00 in a report on Friday, May 15th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $52.83.

FirstEnergy Stock Down 0.9%

FE stock traded down $0.42 during mid-day trading on Thursday, reaching $47.37. 5,762,090 shares of the company traded hands, compared to its average volume of 4,840,871. The company has a quick ratio of 0.45, a current ratio of 0.54 and a debt-to-equity ratio of 1.88. The firm’s 50 day moving average price is $47.70 and its 200 day moving average price is $48.32. The stock has a market cap of $27.41 billion, a price-to-earnings ratio of 25.20, a P/E/G ratio of 2.31 and a beta of 0.46. FirstEnergy has a fifty-two week low of $42.72 and a fifty-two week high of $52.34.

FirstEnergy (NYSE:FE) last posted its earnings results on Tuesday, July 28th. The utilities provider reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. FirstEnergy had a return on equity of 10.51% and a net margin of 6.86%.The company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same quarter last year, the company earned $0.52 earnings per share. As a group, equities research analysts predict that FirstEnergy will post 2.73 EPS for the current fiscal year.

FirstEnergy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be paid a $0.465 dividend. The ex-dividend date is Friday, August 7th. This represents a $1.86 annualized dividend and a dividend yield of 3.9%. FirstEnergy’s dividend payout ratio is presently 98.94%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State of Wyoming bought a new position in shares of FirstEnergy during the 2nd quarter worth approximately $25,000. DV Equities LLC bought a new position in shares of FirstEnergy in the fourth quarter valued at approximately $33,000. Summit Securities Group LLC grew its holdings in shares of FirstEnergy by 148.0% in the fourth quarter. Summit Securities Group LLC now owns 771 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 2,376 shares in the last quarter. WFA of San Diego LLC purchased a new stake in shares of FirstEnergy during the second quarter valued at approximately $46,000. Finally, Headlands Technologies LLC purchased a new stake in shares of FirstEnergy during the second quarter valued at approximately $55,000. 89.41% of the stock is currently owned by hedge funds and other 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.