FY2025 Earnings Forecast for FirstEnergy Issued By KeyCorp

FirstEnergy Corporation (NYSE:FE) – Research analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for shares of FirstEnergy in a research report issued to clients and investors on Wednesday, October 15th. KeyCorp analyst S. Karp forecasts that the utilities provider will post earnings of $2.54 per share for the year. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for FirstEnergy’s current full-year earnings is $2.66 per share. KeyCorp also issued estimates for FirstEnergy’s FY2026 earnings at $2.73 EPS, FY2027 earnings at $2.95 EPS and FY2028 earnings at $3.17 EPS.

FirstEnergy (NYSE:FE) last issued its quarterly earnings data on Wednesday, July 30th. The utilities provider reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. FirstEnergy had a return on equity of 11.31% and a net margin of 9.31%.The firm had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.45 billion. During the same period in the prior year, the firm posted $0.56 EPS. FirstEnergy has set its FY 2025 guidance at 2.400-2.600 EPS.

A number of other brokerages have also commented on FE. Barclays raised FirstEnergy from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $43.00 to $49.00 in a report on Monday, August 25th. Mizuho upped their price objective on FirstEnergy from $43.00 to $45.00 and gave the company a “neutral” rating in a report on Friday, August 1st. UBS Group set a $44.00 target price on FirstEnergy and gave the company a “neutral” rating in a research report on Tuesday, June 24th. Scotiabank reiterated an “outperform” rating on shares of FirstEnergy in a research report on Wednesday, October 8th. Finally, Morgan Stanley cut their target price on FirstEnergy from $48.00 to $47.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. Seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, FirstEnergy presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.91.

FirstEnergy Stock Performance

Shares of NYSE FE opened at $47.24 on Monday. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.61 and a quick ratio of 0.51. The stock’s fifty day moving average price is $44.54 and its two-hundred day moving average price is $42.43. FirstEnergy has a one year low of $37.58 and a one year high of $47.99. The firm has a market cap of $27.27 billion, a price-to-earnings ratio of 20.90, a P/E/G ratio of 3.18 and a beta of 0.52.

Institutional Trading of FirstEnergy

Institutional investors and hedge funds have recently modified their holdings of the business. State of Wyoming bought a new stake in shares of FirstEnergy during the 2nd quarter worth $25,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of FirstEnergy during the 2nd quarter worth $26,000. Investment Research & Advisory Group Inc. bought a new stake in shares of FirstEnergy during the 2nd quarter worth $26,000. N.E.W. Advisory Services LLC bought a new stake in shares of FirstEnergy during the 1st quarter worth $27,000. Finally, Capital Advisors Ltd. LLC lifted its position in shares of FirstEnergy by 186.4% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 676 shares of the utilities provider’s stock worth $27,000 after buying an additional 440 shares during the last quarter. 89.41% of the stock is currently owned by institutional investors.

FirstEnergy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, November 7th. FirstEnergy’s dividend payout ratio is currently 78.76%.

About FirstEnergy

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.