FirstEnergy (NYSE:FE) Issues FY 2026 Earnings Guidance

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on FE shares. Barclays reduced their price objective on shares of FirstEnergy from $55.00 to $54.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. Morgan Stanley reissued an “overweight” rating on shares of FirstEnergy in a report on Wednesday, July 22nd. UBS Group lifted their target price on FirstEnergy from $50.00 to $51.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. Weiss Ratings lowered shares of FirstEnergy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, June 17th. Finally, TD Cowen raised shares of FirstEnergy from a “hold” rating to a “buy” rating and decreased their target price 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $52.83.

FirstEnergy Trading Down 0.9%

FirstEnergy stock traded down $0.44 during mid-day trading on Friday, reaching $46.93. 190,647 shares of the company traded hands, compared to its average volume of 4,809,806. The firm’s 50 day moving average price is $47.70 and its 200 day moving average price is $48.32. The firm has a market capitalization of $27.15 billion, a price-to-earnings ratio of 24.94, a P/E/G ratio of 2.29 and a beta of 0.46. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.54 and a quick ratio of 0.45. FirstEnergy has a 52-week low of $42.72 and a 52-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, hitting analysts’ consensus estimates of $0.50. FirstEnergy had a return on equity of 10.51% and a net margin of 6.86%.The firm had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter in the prior year, the business earned $0.52 EPS. On average, analysts anticipate that FirstEnergy will post 2.74 earnings per share for the current fiscal year.

FirstEnergy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be paid a dividend of $0.465 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.0%. FirstEnergy’s dividend payout ratio (DPR) is currently 98.94%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Brighton Jones LLC bought a new stake in FirstEnergy during the fourth quarter valued at approximately $256,000. Quarry LP bought a new position in FirstEnergy in the fourth quarter worth approximately $70,000. Smartleaf Asset Management LLC raised its position in FirstEnergy by 24.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,650 shares of the utilities provider’s stock worth $209,000 after acquiring an additional 917 shares during the period. Brown Brothers Harriman & Co. boosted its stake in shares of FirstEnergy by 77.3% during the 4th quarter. Brown Brothers Harriman & Co. now owns 4,419 shares of the utilities provider’s stock worth $198,000 after acquiring an additional 1,926 shares during the last quarter. Finally, Colonial Trust Co SC boosted its stake in shares of FirstEnergy by 29.9% during the 4th quarter. Colonial Trust Co SC now owns 1,383 shares of the utilities provider’s stock worth $62,000 after acquiring an additional 318 shares during the last quarter. 89.41% of the stock is 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.