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Added to YB: 2024-02-27

Pitch date: 2024-02-26

FE [bullish]

FirstEnergy Corp.

+29.83%

current return

Author Info

No bio for this author

Company Info

FirstEnergy Corp., together with its subsidiaries, engages in the generation, distribution, and transmission of electricity in the United States.

Market Cap

$26.5B

Pitch Price

$34.09

Price Target

N/A

Dividend

3.87%

EV/EBITDA

11.83

P/E

19.91

EV/Sales

3.78

Sector

Electric Utilities

Category

value

Show full summary:
FPA Crescent Fund Portfolio Holding - FirstEnergy Corp.

FE: Acquired in 2020 bribery scandal. Strong ops & stock perf since, but 2023 rates caused drop from peak, worse than peers on rate caps. Still trades cheap to peers w/ attractive 4.5% div yield.

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