FirstEnergy Corporation (NYSE:FE) Receives Consensus Rating of “Moderate Buy” from Analysts

FirstEnergy Corporation (NYSE:FE) has been given a consensus rating of “Moderate Buy” by the fifteen analysts that are presently covering the stock, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $49.7143.

FE has been the subject of several recent analyst reports. Weiss Ratings downgraded FirstEnergy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, February 19th. Wells Fargo & Company lowered 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. Mizuho set a $51.00 price target on shares of FirstEnergy in a research report on Thursday, February 19th. Wolfe Research upgraded shares of FirstEnergy from a “peer perform” rating to an “outperform” rating and set a $50.00 price target for the company in a research note on Tuesday, January 27th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of FirstEnergy from $50.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th.

Insider Buying and Selling

In other FirstEnergy news, CFO Jon Taylor K. sold 26,800 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $50.94, for a total transaction of $1,365,192.00. Following the transaction, the chief financial officer owned 119,552 shares of the company’s stock, valued at $6,089,978.88. The trade was a 18.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James F. Oneil sold 7,945 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $50.60, for a total value of $402,017.00. Following the completion of the sale, the director owned 1,869 shares in the company, valued at $94,571.40. This represents a 80.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 39,118 shares of company stock worth $1,989,532. Company insiders own 0.17% of the company’s stock.

Institutional Investors Weigh In On FirstEnergy

Large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC boosted its position in FirstEnergy by 4.1% during the fourth quarter. Parallel Advisors LLC now owns 5,381 shares of the utilities provider’s stock worth $241,000 after purchasing an additional 213 shares during the period. Dorsey & Whitney Trust CO LLC raised its position in shares of FirstEnergy by 5.0% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 4,677 shares of the utilities provider’s stock valued at $209,000 after purchasing an additional 223 shares during the period. SageView Advisory Group LLC raised its position in shares of FirstEnergy by 2.3% in the second quarter. SageView Advisory Group LLC now owns 10,253 shares of the utilities provider’s stock valued at $425,000 after purchasing an additional 233 shares during the period. Signaturefd LLC lifted its stake in shares of FirstEnergy by 4.8% during the 4th quarter. Signaturefd LLC now owns 5,181 shares of the utilities provider’s stock worth $232,000 after buying an additional 235 shares during the last quarter. Finally, Independent Advisor Alliance lifted its stake in shares of FirstEnergy by 1.0% during the 3rd quarter. Independent Advisor Alliance now owns 23,225 shares of the utilities provider’s stock worth $1,064,000 after buying an additional 236 shares during the last quarter. Institutional investors own 89.41% of the company’s stock.

FirstEnergy Price Performance

NYSE:FE opened at $51.80 on Tuesday. FirstEnergy has a 52-week low of $37.58 and a 52-week high of $51.93. The company has a market cap of $29.93 billion, a P/E ratio of 29.43, a P/E/G ratio of 2.69 and a beta of 0.61. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.46 and a current ratio of 0.57. The stock’s 50-day simple moving average is $48.35 and its 200 day simple moving average is $46.41.

FirstEnergy (NYSE:FE) last issued its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.52 by $0.01. The firm had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $3.20 billion. FirstEnergy had a return on equity of 10.50% and a net margin of 6.76%.During the same period in the prior year, the firm posted $0.67 earnings per share. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. As a group, sell-side analysts forecast that FirstEnergy will post 2.66 EPS for the current fiscal 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 paid a $0.465 dividend. This is an increase from FirstEnergy’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, May 7th. This represents a $1.86 annualized dividend and a yield of 3.6%. FirstEnergy’s dividend payout ratio (DPR) is 101.14%.

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.