FirstEnergy (FE) Projected to Release Quarterly Earnings on Tuesday

FirstEnergy (NYSE:FE) is expected to post its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.5020 per share and revenue of $3.5117 billion for the quarter. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Interested persons may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 9:00 AM ET.

FirstEnergy (NYSE:FE) last issued its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.72. The firm had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $3.80 billion. FirstEnergy had a return on equity of 10.66% and a net margin of 6.86%.The firm’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.67 EPS. On average, analysts expect FirstEnergy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

FirstEnergy Stock Performance

Shares of FE stock opened at $49.91 on Monday. The stock’s 50-day moving average price is $47.21 and its 200 day moving average price is $48.12. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 1.87. The stock has a market capitalization of $28.87 billion, a PE ratio of 27.12, a price-to-earnings-growth ratio of 2.39 and a beta of 0.47. FirstEnergy has a 52-week low of $41.30 and a 52-week high of $52.34.

FirstEnergy Dividend Announcement

The business 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 $0.465 dividend. This represents a $1.86 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, August 7th. FirstEnergy’s dividend payout ratio (DPR) is 101.09%.

FirstEnergy News Summary

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Wells Fargo initiated/maintained a Buy stance on FirstEnergy, signaling renewed analyst confidence in the utility’s outlook. FirstEnergy (FE) Receives a Buy from Wells Fargo
• Positive Sentiment: KeyCorp raised longer-term earnings estimates for FY2028, FY2029 and FY2030, suggesting expectations for steady earnings growth over time.
• Positive Sentiment: FirstEnergy declared a quarterly dividend of $0.465 per share with a roughly 3.8% annualized yield, reinforcing its appeal to income-focused investors.
• Neutral Sentiment: KeyCorp trimmed its FY2026 EPS estimate slightly to $2.72 from $2.73, but that is still close to the current consensus of $2.74 and does not materially change the near-term outlook.
• Neutral Sentiment: KeyCorp’s near-term quarter estimates imply mixed results, including Q2 EPS of $0.47 and Q3 EPS of $0.98, leaving investors focused on whether upcoming earnings can beat expectations.
• Neutral Sentiment: In a preview of upcoming results, analysts expect Q2 revenue to rise about 6.28% on load growth and grid investment, while EPS may decline modestly, a mixed but not alarming setup ahead of reporting. FirstEnergy to Report Q2 Earnings: What’s in Store for the Stock?

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FE. Brighton Jones LLC purchased a new stake in shares of FirstEnergy during the 4th quarter worth $256,000. Integrated Wealth Concepts LLC purchased a new position in shares of FirstEnergy in the 1st quarter valued at about $289,000. Empowered Funds LLC increased its holdings in shares of FirstEnergy by 7.0% in the 1st quarter. Empowered Funds LLC now owns 11,213 shares of the utilities provider’s stock valued at $453,000 after purchasing an additional 732 shares in the last quarter. Woodline Partners LP lifted its stake in shares of FirstEnergy by 40.7% in the first quarter. Woodline Partners LP now owns 43,334 shares of the utilities provider’s stock valued at $1,752,000 after purchasing an additional 12,531 shares during the period. Finally, Focus Partners Wealth lifted its stake in shares of FirstEnergy by 6.8% in the first quarter. Focus Partners Wealth now owns 21,178 shares of the utilities provider’s stock valued at $856,000 after purchasing an additional 1,340 shares during the period. Hedge funds and other institutional investors own 89.41% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Jefferies Financial Group boosted their target price on FirstEnergy from $50.00 to $52.00 and gave the company a “hold” rating in a report on Tuesday, April 21st. Wells Fargo & Company reiterated an “overweight” rating and issued a $55.00 price objective on shares of FirstEnergy in a research report on Tuesday, April 21st. TD Cowen raised shares of FirstEnergy from a “hold” rating to a “buy” rating and dropped their price objective for the company from $56.00 to $53.00 in a research note on Friday, May 15th. UBS Group upped their price objective on shares of FirstEnergy from $50.00 to $51.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. Finally, Wolfe Research cut shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $52.92.

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.