FirstEnergy Corp (FE) reported positive
financial results for Q2 and Q3 2025.
Earnings guidance for 2025 was upgraded, which encouraged speculation regarding investor interest. A common stock
dividend of $0.445 per share was announced, demonstrating robust financial performance. The company also disclosed plans for a proposed offering of
$950 Million of
Convertible Senior Notes Due 2025 and
$850 Million of Convertible Senior Notes Due 2031, indicating good liquidity. Across various regions, initiatives to boost
power systems and meet future
energy demands are underway. Other operational highlights include a $100,000 contribution to shelters, a
$25,000 grant to support adaptive fitness and community engagement, and a
$2M donation to nonprofits in the first half of 2025.
Financial Planning and
Analysis have been spearheaded by the newly named Vice President, Michael Auseré. The company has beaten Q3 2025 earnings estimates, declared a stronger financial outlook, and attracting more stock purchases.
Citigroup and
Barclays initiated coverage with 'Buy' and 'Overweight' respectively, while Goldman Sachs Adjusted raised its price target on FirstEnergy to $50 from $48, maintaining a 'Buy' rating.
Firstenergy Corp FE News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Sat, 01 Nov 2025 11:51:51 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -3
