FirstEnergy (FE) Reports its Q3 Results

FirstEnergy Corp. (NYSE:FE) is included among the 12 Best Utility Stocks to Buy for Dividends.

FirstEnergy (FE) Reports its Q3 Results

FirstEnergy Corp. (NYSE:FE)’s 10 electric distribution companies form one of America’s largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York.

On October 22, FirstEnergy Corp. (NYSE:FE) reported its Q3 results, with the company’s adjusted EPS growing by 9% YoY to $0.83, and beating expectations by $0.06. This growth was driven by the impact of new base rates in Pennsylvania and the increase in transmission rate base under formula rate programs. Moreover, based on its strong YTD performance, the utility narrowed its 2025 full-year core earnings guidance range to $2.50 to $2.56 per share, in the upper half of the original range.

FirstEnergy Corp. (NYSE:FE) is aiming to grow its core earnings at a CAGR of 6-8% from 2025 through 2029, driven by the company’s Energize365 capital investment plan that includes $28 billion in investments from 2025 to 2029. FE deployed over $4 billion in capital investments through the first nine months of 2025 to support grid reliability and resiliency, and even announced an increase in its planned investments from $5 billion to $5.5 billion this year.

FirstEnergy Corp. (NYSE:FE) declared a quarterly dividend of $0.445 per share in September and has an impressive annual dividend yield of 3.76% as of the writing of this piece.

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