FirstEnergy Corp
FE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$84.00 | Qkydt | Mpfqdnvm |
Increased Capital Investment and New Management Give FirstEnergy a Brighter Outlook
Business Strategy and Outlook
FirstEnergy's regulated utilities are focused on accelerating investments that should result in solid earnings growth. The company expects to invest $26 billion through 2028, a 44% increase from the previous five-year capital investment plan, supporting our expectations for the company to achieve the midpoint of management's 6%-8% annual earnings growth target.