Scotiabank Issues Positive Forecast for FirstEnergy (NYSE:FE) Stock Price

FirstEnergy (NYSE:FE) had its price objective boosted by Scotiabank from $55.00 to $56.00 in a research report report published on Thursday morning, MarketBeat reports. Scotiabank currently has a sector outperform rating on the utilities provider’s stock.

Several other research analysts also recently commented on FE. Weiss Ratings restated a “buy (b-)” rating on shares of FirstEnergy in a report on Monday, December 29th. Wolfe Research raised FirstEnergy from a “peer perform” rating to an “outperform” rating and set a $50.00 price target on the stock in a research report on Tuesday, January 27th. UBS Group decreased their price objective on FirstEnergy from $49.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Wells Fargo & Company dropped their target price on shares of FirstEnergy from $54.00 to $53.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Finally, Barclays reduced their price target on shares of FirstEnergy from $51.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $49.31.

FirstEnergy Trading Up 1.5%

NYSE FE opened at $49.69 on Thursday. The stock has a market cap of $28.70 billion, a PE ratio of 28.23, a PEG ratio of 2.79 and a beta of 0.64. FirstEnergy has a 12 month low of $37.58 and a 12 month high of $50.44. The company’s 50-day moving average price is $46.27 and its 200-day moving average price is $45.52. The company has a current ratio of 0.75, a quick ratio of 0.64 and a debt-to-equity ratio of 1.80.

FirstEnergy (NYSE:FE) last released its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.01. The company had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $3.20 billion. FirstEnergy had a net margin of 6.76% and a return on equity of 10.47%. During the same period in the previous year, the company earned $0.67 EPS. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Equities research analysts forecast that FirstEnergy will post 2.66 earnings per share for the current year.

FirstEnergy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Thursday, May 7th will be given 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 dividend on an annualized basis and a yield of 3.7%. FirstEnergy’s dividend payout ratio is currently 77.73%.

Institutional Trading of FirstEnergy

A number of institutional investors have recently made changes to their positions in FE. DekaBank Deutsche Girozentrale lifted its holdings in FirstEnergy by 1.6% in the second quarter. DekaBank Deutsche Girozentrale now owns 84,565 shares of the utilities provider’s stock valued at $3,355,000 after acquiring an additional 1,349 shares during the last quarter. Mackenzie Financial Corp lifted its stake in shares of FirstEnergy by 418.0% in the 2nd quarter. Mackenzie Financial Corp now owns 270,183 shares of the utilities provider’s stock valued at $10,878,000 after purchasing an additional 218,020 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of FirstEnergy by 52.7% during the 2nd quarter. Advisors Asset Management Inc. now owns 42,632 shares of the utilities provider’s stock worth $1,716,000 after purchasing an additional 14,718 shares during the period. Edgestream Partners L.P. increased its position in shares of FirstEnergy by 1,379.5% during the 2nd quarter. Edgestream Partners L.P. now owns 114,945 shares of the utilities provider’s stock worth $4,628,000 after purchasing an additional 107,176 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp raised its holdings in FirstEnergy by 218.6% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 62,236 shares of the utilities provider’s stock valued at $2,506,000 after buying an additional 42,700 shares during the period. Institutional investors and hedge funds own 89.41% of the company’s stock.

FirstEnergy News Roundup

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Q4 2025 results beat expectations — FE reported $0.53 EPS vs. $0.52 consensus and revenue of $3.80B (above estimates); management hit the top end of 2025 guidance and set 2026 EPS guidance of $2.620–2.820, supporting the company’s earnings outlook. Read More.
• Positive Sentiment: Analyst upgrade/price-target lift — Scotiabank raised its price target from $55 to $56 and assigned a “sector outperform” rating, implying ~12.7% upside from current levels; this institutional support can buoy sentiment and buying interest. Read More.
• Positive Sentiment: Large grid-investment / capex outlook supports longer-term growth — Company commentary and coverage highlight a sizable capex plan (cited around $36B) to modernize the grid, which underpins revenue and rate-base growth. This underlies the company’s affirmed 2026 outlook. Read More.
• Positive Sentiment: Concrete reliability projects announced/completed — New/expanded substations: a Berks County project to strengthen service for 6,000+ customers and a completed Potomac Edison substation serving ~2,400 customers, demonstrating near-term execution of grid upgrades. Read More. Read More.
• Neutral Sentiment: Earnings-call materials and transcripts are available for deeper inspection — investors can review the transcript and presentation for management commentary on margins, rate cases and capex phasing. Read More. Read More.
• Negative Sentiment: Rising regulatory/political risk from PJM capacity-auction dynamics — Analysts flag that elevated PJM prices and policy changes could raise customer bills and complicate recovery of grid investments, introducing execution and regulatory risk to the outlook. Read More.

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.